Global Oil Refining Market Outlook - Market Analysis by Geography, By Refinery Complexity , Competitive Landscape, Key Company Information - Growth Trends and Forecasts 2017 - 2022

  • ID: 4386357
  • Report
  • Region: Global
  • 127 pages
  • Mordor Intelligence
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The global energy demand is predicted to grow by 50% - 60% in the coming 15 years. This growth in demand is a result of increasing world population and an improvement in living standards in developing countries. Even though new and renewable energy sources are gaining popularity around the world, petroleum fuels still remain the major energy source the world over. This trend is expected to continue for the next few decades, and will have all sectors of the petroleum industry as its beneficiaries.

The oil that is extracted from the earth undergoes a number of processes that transforms the crude oil into various useful products such as petrol, diesel, jet fuel, kerosene etc. These processes are carried out by refineries having varying degrees of complexity. Refineries are classified as topping, hydroskimming, cracking and coking refineries based on their complexity. Refining forms a major activity of the downstream petroleum industry.

The refining industry has been affected by falling crude oil prices. Players in the Asian and European markets are seeing higher margins while the North American players are seeing a reduction in their margins. The transportation industry, which is the biggest consumer of oil worldwide is witnessing a growth, especially in developing countries like China and India. This is a boost for the refining industry, which is showing particular growth in these developing regions. The growing popularity of biofuels and the increasing fuel efficiency of vehicles are also hampering the petroleum refining industry. Large state-owned and private companies control this industry. Some of the key players in this market are Exxon Mobil Corporation, Shell, Sinopec, BP and Saudi Aramco.

The report comprehensively analyzes the global oil refining market and identifies key drivers and restraints. A region specific assessment has been carried out and the prospects of the market in each region has been detailed. The extensively researched competition analysis section details the key players who can influence the global and regional markets. The profiles of these key companies include an analysis of their market share, key financial information and an analysis of their current strategic interests.
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1. Executive Summary
2. Research Methodology
3. Markets Covered
4. Market Overview
4.1 Introduction
4.2 Market Demand to 2022
4.3 Recent Developments in the Oil Refining Industry
4.4 Investments and Opportunities
5. Market Dynamics
5.1 Drivers
5.1.1 Rapid Industrialization in Developing Countries
5.1.2 Rise in Vehicle Ownership
5.1.3 Falling Crude Oil Prices Driving Increased Storage
5.1.4 Market Share Protection by Maximizing Oil Output
5.2 Constraints
5.2.1 Lowering of Refining Margins Due to New Refineries Coming Up
5.2.2 Lowering Demand Due to Hybrid, Electric & Better Fuel Efficient Vehicles
5.2.3 Growing Popularity of Biofuels
5.2.4 Economic and Political Situations Worldwide
5.3 Opportunities
5.3.1 Configuring Refineries to Handle Shale Oil
5.3.2 Retrofitting Refineries to Meet the Growing Diesel Demand
6. Global Oil Refining Industry Analysis, By Complexity of Refinery
6.1 Topping Refineries
6.2 Hydroskimming Refineries
6.3 Cracking Refineries
6.4 Coking Refineries
7. Global Refining Industry Analysis, By Geography
7.1 North America
7.1.1 Overview
7.1.2 Major Countries USA Canada Others
7.2 Europe
7.2.1 Overview
7.2.2 Major Countries Russia Italy Germany Others
7.3 South & Central America
7.3.1 Overview
7.3.2 Major Countries Brazil Venezuela Others
7.4 Asia-Pacific
7.4.1 Overview
7.4.2 Major Countries China India South Korea Others
7.5 Africa & Middle East
7.5.1 Overview
7.5.2 Major Countries Saudi Arabia Iran Others
8. Key Company Analysis
8.1 Exxon Mobil Corporation
8.2 Shell
8.3 Sinopec
8.4 BP
8.5 Saudi Aramco
8.6 Valero Energy Corporation
8.7 Petróleos de Venezuela.S.A.
8.8 China National Petroleum Corporation
8.9 Chevron Corporation
8.10 Phillips 66
8.11 Total SA
9. Competitive Landscape
9.1 Mergers & Acquisitions
9.2 Joint Ventures, Collaborations and Agreements
9.3 Market Share Analysis
10. Appendix
10.1 Contact Us
10.2 Disclaimer
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