+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Refined Petroleum Products Global Market Report 2024

  • PDF Icon

    Report

  • 300 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5939068

Quick Summary:

In the dynamic landscape of the refined petroleum products industry, informed decision-making is crucial for staying ahead of market trends and competitor strategies. Our comprehensive market research report offers an essential analysis for senior business executives looking to gain a competitive edge in this sector. With a focus on substantial industry growth and the underlying factors driving expansion, this report is an indispensable tool for strategic planning.

The report meticulously details recent industry developments, including advancements in environmentally conscious practices like Carbon Capture and Storage (CCS)—a testament to the sector's innovation and adaptability. Furthermore, it underscores the importance of emerging market opportunities that stem from the increasing demand for crude oil and rising consumption in urban areas. As leaders in your field, gaining access to this in-depth research will support you in identifying growth prospects, optimizing operational strategies, and leading your organization toward sustained profitability.

The refined petroleum products market size has grown steadily in recent years. It will grow from $2629.64 billion in 2023 to $2756.01 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The historic period's growth can be ascribed to robust economic expansion in emerging markets, a surge in the number of vehicles on the road, heightened demand from end-users, and an increase in the population.

The refined petroleum products market size is expected to see steady growth in the next few years. It will grow to $3246.8 billion in 2028 at a compound annual growth rate (CAGR) of 4.2%. The forecasted growth in the upcoming period can be attributed to the increase in urbanization, a rising demand for crude oil and gas, and an upsurge in the need for electricity. Significant trends expected in the forecast period include a concentrated effort on establishing new facility expansions and augmenting production capacities, ongoing product innovations, heightened investments, and an increased focus on mergers and acquisitions.

Refineries are increasingly embracing Carbon Capture and Storage (CCS) techniques to mitigate CO2 emission levels in the atmosphere. This method involves capturing CO2 at its emission source, transporting it to a different storage location actively monitored and measured. By isolating CO2 from the atmosphere, this process effectively reduces emission levels. An example is the Quest project, a collaboration between Shell, Canada Energy, and Chevron, which is a fully integrated CCS project capturing CO2 from refineries and storing it underground, preventing its release into the atmosphere. Globally, there are approximately 15 large-scale CCS projects, with 7 under construction, collectively capable of capturing about 40 million tons of CO2 per annum, showcasing the potential of CCS technology in minimizing carbon emissions. Some major companies adopting this technique include ExxonMobil, Port Arthur Refinery, Baytown Refinery, RasTanura Refinery, and Garyville Refinery.

The increasing demand for crude oil is expected to drive the growth of the refined petroleum products market in the future. Crude oil, a liquid petroleum found in porous rock formations, serves as a key raw material for producing refined petroleum products used in various applications such as transportation fuels, heating, electricity generation, and chemicals. According to the International Energy Agency's projections in April 2023, the global demand for crude oil (including biofuels) is anticipated to rise from 99.57 million barrels per day in 2020 to 101.89 million barrels per day in 2023. Therefore, the growing demand for crude oil is a significant factor fueling the growth of the refined petroleum products market.

Major companies operating in the refined petroleum products market are concentrating on developing innovative products, such as low-smoke fuel, to maintain their market position. Low-smoke fuel generates less smoke than regular fuel due to its lower volatile content, reducing the likelihood of incomplete combustion and producing less smoke. For example, Bharat Petroleum Corporation Limited, an Indian petroleum refinery company, launched Low Smoke Superior Kerosene Oil designed for the Army operating at high altitudes in January 2023. This fuel is formulated to produce fewer emissions, addressing health concerns for soldiers in high-altitude environments with low oxygen levels. BPCL Low Smoke SKO is manufactured using a special refining process that removes impurities and reduces the aromatic content of the oil.


Major companies operating in the refined petroleum products market report are Saudi Aramco, Exxon Mobil, Chevron, Valero Energy Corp, Marathon Petroleum Corporation, Total SA, PJSC Lukoil, BP PLC, Royal Dutch Shell, Petroleo Brasileiro SA Petrobras, Orlen Południe S A, Freudenberg & Co. Kommanditgesellschaft, Consumers' Co-operative Refineries Limited, YPF, Shell Deutschland GmbH, TechnipFMC, China National Petroleum Corporation, Ecopetrol, Unipec U.K. Co. Limited, IKO Industries Ltd., Inpex Corporation, Sinopec, GTI Statia Terminals N.V., National Iranian Oil Company, Suncor Energy Inc., Shaanxi Yanchang Petroleum, ArcelorMittal Poland S A, PDVSA, Petrobras, Sinochem Group, China National Offshore Oil Corporation, Kuwait Petroleum Corporation, Eneos Holdings, Reliance Petroleum Ltd., Sasol Oil, Phillips 66(US), PetroSA, Engen Petroleum, Baker Hughes, Indian Oil Corporation Limited, Abu Dhabi National Oil Company, Oil and Natural Gas Corporation, Cenovus Energy Inc., Astron Energy, Global Oil Engineering AG, Polski Koncern Naftowy Orlen S A, Subsea 7.

Asia-Pacific was the largest region in the refined petroleum products market in 2023. Western Europe was the second largest region in the global petroleum products market. The regions covered in the refined petroleum products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the refined petroleum products market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The refined petroleum products market consists of sales of diesel fuel, jet fuel, liquid petroleum gases, asphalt, and asphalt products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The primary categories of petroleum products include diesel, gasoline, fuel oil, kerosene, and other refined petroleum products. Gasoline, derived from crude oil and various liquids, serves as a petroleum-based fuel primarily used in vehicles. It falls under the category of light distillates. Other categories encompass middle distillates, heavy oils, and refinery types classified as integrated refined petroleum products and non-integrated refined petroleum products. Refined petroleum products find applications in fuel, chemicals, and other industries.

The refined petroleum products market research report is one of a series of new reports that provides refined petroleum products market statistics, including refined petroleum products industry global market size, regional shares, competitors with a refined petroleum products market share, detailed refined petroleum products market segments, market trends and opportunities, and any further data you may need to thrive in the refined petroleum products industry. This refined petroleum products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Frequently Asked Questions about the Global Refined Petroleum Products Market

What is the estimated value of the Global Refined Petroleum Products Market?

The Global Refined Petroleum Products Market was estimated to be valued at $2756.01 Billion in 2024.

What is the growth rate of the Global Refined Petroleum Products Market?

The growth rate of the Global Refined Petroleum Products Market is 4.2%, with an estimated value of $3246.8 Billion by 2028.

What is the forecasted size of the Global Refined Petroleum Products Market?

The Global Refined Petroleum Products Market is estimated to be worth $3246.8 Billion by 2028.

Who are the key companies in the Global Refined Petroleum Products Market?

Key companies in the Global Refined Petroleum Products Market include Saudi Aramco, ExxonMobil, Chevron, Valero Energy Corp, Marathon Petroleum Corporation, Total SA, PJSC Lukoil, BP Plc, Royal Dutch Shell and Petroleo Brasileiro SA Petrobras.

Table of Contents

1. Executive Summary2. Refined Petroleum Products Market Characteristics
3. Refined Petroleum Products Product/Service Analysis -Product/Service Examples
3.1. Refined Petroleum Products Supply Chain Analysis
3.1.1. Refined Petroleum Products Resources
3.1.2. Refined Petroleum Products Manufacturers
3.1.3. Refined Petroleum Products Distributors and Retailers
3.1.4. Refined Petroleum Products End Users
3.2. Refined Petroleum Products Customer Information
4. Refined Petroleum Products Market Trends and Strategies
5. Refined Petroleum Products Market - Macro Economic Scenario
5.1. Impact of High Inflation on the Market
5.2. Ukraine-Russia War Impact on the Market
5.3. COVID-19 Impact on the Market
6. Global Refined Petroleum Products Market Size and Growth
6.1. Global Refined Petroleum Products Market Drivers and Restraints
6.1.1. Drivers of the Market
6.1.2. Restraints of the Market
6.2. Global Refined Petroleum Products Historic Market Size and Growth, 2018-2023, Value ($ Billion)
6.3. Global Refined Petroleum Products Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
7. Refined Petroleum Products Market Segmentation
7.1. Global Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Diesel
  • Gasoline
  • Fuel Oil
  • Kerosene
  • Other Refined Petroleum Products
7.2. Global Refined Petroleum Products Market, Segmentation by Fraction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Light Distillates
  • Middle Distillates
  • Heavy Oils
7.3. Global Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Integrated Refined Petroleum Product
  • Non-Integrated Refined Petroleum Product
7.4. Global Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Fuel
  • Chemical
  • Other Applications
8. Refined Petroleum Products Market Regional and Country Analysis
8.1. Global Refined Petroleum Products Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.2. Global Refined Petroleum Products Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. Asia-Pacific Refined Petroleum Products Market
9.1. Asia-Pacific Refined Petroleum Products Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
9.2. Asia-Pacific Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9.3. Asia-Pacific Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9.4. Asia-Pacific Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10. China Refined Petroleum Products Market
10.1. China Refined Petroleum Products Market Overview
10.2. China Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10.3. China Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10.4. China Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
11. India Refined Petroleum Products Market
11.1. India Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. India Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. India Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Japan Refined Petroleum Products Market
12.1. Japan Refined Petroleum Products Market Overview
12.2. Japan Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Japan Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.4. Japan Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Australia Refined Petroleum Products Market
13.1. Australia Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Australia Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Australia Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. Indonesia Refined Petroleum Products Market
14.1. Indonesia Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. Indonesia Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. Indonesia Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. South Korea Refined Petroleum Products Market
15.1. South Korea Refined Petroleum Products Market Overview
15.2. South Korea Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. South Korea Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. South Korea Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. Bangladesh Refined Petroleum Products Market
16.1. Bangladesh, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
16.2. Bangladesh, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
17. Thailand Refined Petroleum Products Market
17.1. Thailand, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
17.2. Thailand, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
18. Vietnam Refined Petroleum Products Market
18.1. Vietnam, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
18.2. Vietnam, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
19. Malaysia Refined Petroleum Products Market
19.1. Malaysia, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
19.2. Malaysia, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
20. Singapore Refined Petroleum Products Market
20.1. Singapore, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
20.2. Singapore, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
21. Philippines Refined Petroleum Products Market
21.1. Philippines, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
21.2. Philippines, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
22. Hong kong Refined Petroleum Products Market
22.1. Hong Kong, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
22.2. Hong Kong, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
23. New Zealand Refined Petroleum Products Market
23.1. New Zealand, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
23.2. New Zealand, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
24. Western Europe Refined Petroleum Products Market
24.1. Western Europe Refined Petroleum Products Market Overview
24.2. Western Europe Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. Western Europe Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. Western Europe Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. UK Refined Petroleum Products Market
25.1. UK Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.2. UK Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. UK Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. Germany Refined Petroleum Products Market
26.1. Germany Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.2. Germany Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. Germany Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. France Refined Petroleum Products Market
27.1. France Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. France Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. France Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Italy Refined Petroleum Products Market
28.1. Italy Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.2. Italy Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Italy Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Spain Refined Petroleum Products Market
29.1. Spain Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.2. Spain Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Spain Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Austria Refined Petroleum Products Market
30.1. Austria, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
30.2. Austria, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
31. Belgium Refined Petroleum Products Market
31.1. Belgium, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
31.2. Belgium, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
32. Denmark Refined Petroleum Products Market
32.1. Denmark, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
32.2. Denmark, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
33. Finland Refined Petroleum Products Market
33.1. Finland, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
33.2. Finland, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
34. Ireland Refined Petroleum Products Market
34.1. Ireland, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
34.2. Ireland, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
35. Netherlands Refined Petroleum Products Market
35.1. Netherlands, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
35.2. Netherlands, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
36. Norway Refined Petroleum Products Market
36.1. Norway, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
36.2. Norway, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
37. Portugal Refined Petroleum Products Market
37.1. Portugal, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
37.2. Portugal, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
38. Sweden Refined Petroleum Products Market
38.1. Sweden, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
38.2. Sweden, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
39. Switzerland Refined Petroleum Products Market
39.1. Switzerland, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
39.2. Switzerland, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
40. Eastern Europe Refined Petroleum Products Market
40.1. Eastern Europe Refined Petroleum Products Market Overview
40.2. Eastern Europe Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
40.3. Eastern Europe Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
40.4. Eastern Europe Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41. Russia Refined Petroleum Products Market
41.1. Russia Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41.2. Russia Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41.3. Russia Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
42. Czech Republic Refined Petroleum Products Market
42.1. Czech Republic, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
42.2. Czech Republic, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
43. Poland Refined Petroleum Products Market
43.1. Poland, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
43.2. Poland, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
44. Romania Refined Petroleum Products Market
44.1. Romania, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
44.2. Romania, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
45. Ukraine Refined Petroleum Products Market
45.1. Ukraine, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
45.2. Ukraine, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
46. North America Refined Petroleum Products Market
46.1. North America Refined Petroleum Products Market Overview
46.2. North America Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
46.3. North America Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
46.4. North America Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47. USA Refined Petroleum Products Market
47.1. USA Refined Petroleum Products Market Overview
47.2. USA Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47.3. USA Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47.4. USA Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48. Canada Refined Petroleum Products Market
48.1. Canada Refined Petroleum Products Market Overview
48.2. Canada Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48.3. Canada Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48.4. Canada Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
49. Mexico Refined Petroleum Products Market
49.1. Mexico, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
49.2. Mexico, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
50. South America Refined Petroleum Products Market
50.1. South America Refined Petroleum Products Market Overview
50.2. South America Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
50.3. South America Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
50.4. South America Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51. Brazil Refined Petroleum Products Market
51.1. Brazil Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51.2. Brazil Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51.3. Brazil Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
52. Chile Refined Petroleum Products Market
52.1. Chile, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
52.2. Chile, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
53. Argentina Refined Petroleum Products Market
53.1. Argentina, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
53.2. Argentina, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
54. Colombia Refined Petroleum Products Market
54.1. Colombia, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
54.2. Colombia, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
55. Peru Refined Petroleum Products Market
55.1. Peru, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
55.2. Peru, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
56. Middle East Refined Petroleum Products Market
56.1. Middle East Refined Petroleum Products Market Overview
56.2. Middle East Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
56.3. Middle East Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
56.4. Middle East Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
57. Saudi Arabia Refined Petroleum Products Market
57.1. Saudi Arabia, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
57.2. Saudi Arabia, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
58. Israel Refined Petroleum Products Market
58.1. Israel, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
58.2. Israel, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
59. Iran Refined Petroleum Products Market
59.1. Iran, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
59.2. Iran, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
60. Turkey Refined Petroleum Products Market
60.1. Turkey, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
60.2. Turkey, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
61. United Arab Emirates Refined Petroleum Products Market
61.1. United Arab Emirates, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
61.2. United Arab Emirates, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
62. Africa Refined Petroleum Products Market
62.1. Africa Refined Petroleum Products Market Overview
62.2. Africa Refined Petroleum Products Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
62.3. Africa Refined Petroleum Products Market, Segmentation by Refinery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
62.4. Africa Refined Petroleum Products Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
63. Egypt Refined Petroleum Products Market
63.1. Egypt, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
63.2. Egypt, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
64. Nigeria Refined Petroleum Products Market
64.1. Nigeria, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
64.2. Nigeria, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
65. South Africa Refined Petroleum Products Market
65.1. South Africa, Refined Petroleum Products Historic Market, 2018-2023, $ Billion
65.2. South Africa, Refined Petroleum Products Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
66. Refined Petroleum Products Market Competitive Landscape and Company Profiles
66.1. Refined Petroleum Products Market Competitive Landscape
66.2. Refined Petroleum Products Market Company Profiles
66.2.1. Saudi Aramco
66.2.1.1. Overview
66.2.1.2. Products and Services
66.2.1.3. Strategy
66.2.1.4. Financial Performance
66.2.2. Exxon Mobil
66.2.2.1. Overview
66.2.2.2. Products and Services
66.2.2.3. Strategy
66.2.2.4. Financial Performance
66.2.3. Chevron
66.2.3.1. Overview
66.2.3.2. Products and Services
66.2.3.3. Strategy
66.2.3.4. Financial Performance
66.2.4. Valero Energy Corp
66.2.4.1. Overview
66.2.4.2. Products and Services
66.2.4.3. Strategy
66.2.4.4. Financial Performance
66.2.5. Marathon Petroleum Corporation
66.2.5.1. Overview
66.2.5.2. Products and Services
66.2.5.3. Strategy
66.2.5.4. Financial Performance
67. Refined Petroleum Products Market Other Major and Innovative Companies
67.1. Total SA
67.2. PJSC Lukoil
67.3. BP Plc
67.4. Royal Dutch Shell
67.5. Petroleo Brasileiro SA Petrobras
67.6. Orlen Poludnie S A
67.7. Freudenberg & Co. Kommanditgesellschaft
67.8. Consumers' Co-operative Refineries Limited
67.9. YPF
67.10. Shell Deutschland GmbH
67.11. TechnipFMC
67.12. China National Petroleum Corporation
67.13. Ecopetrol
67.14. Unipec U.K. Co. Limited
67.15. IKO Industries Ltd
68. Global Refined Petroleum Products Market Competitive Benchmarking69. Global Refined Petroleum Products Market Competitive Dashboard70. Key Mergers and Acquisitions in the Refined Petroleum Products Market
71. Refined Petroleum Products Market Future Outlook and Potential Analysis
71.1 Refined Petroleum Products Market in 2028 - Countries Offering Most New Opportunities
71.2 Refined Petroleum Products Market in 2028 - Segments Offering Most New Opportunities
71.3 Refined Petroleum Products Market in 2028 - Growth Strategies
71.3.1 Market Trend-based Strategies
71.3.2 Competitor Strategies
72. Appendix
72.1. Abbreviations
72.2. Currencies
72.3. Historic and Forecast Inflation Rates
72.4. Research Inquiries
72.5. About the Analyst
72.6. Copyright and Disclaimer

Executive Summary

Refined Petroleum Products Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on refined petroleum products market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for refined petroleum products? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Type: Diesel; Gasoline; Fuel Oil; Kerosene; Other Refined Petroleum Products
2) By Fraction: Light Distillates; Middle Distillates; Heavy Oils
3) By Refinery Type: Integrated Refined Petroleum Product; Non-Integrated Refined Petroleum Product
4) By Application: Fuel; Chemical; Other Applications

Key Companies Mentioned: Saudi Aramco; Exxon Mobil; Chevron; Valero Energy Corp; Marathon Petroleum Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Saudi Aramco
  • ExxonMobil
  • Chevron
  • Valero Energy Corp
  • Marathon Petroleum Corporation
  • Total SA
  • PJSC Lukoil
  • BP Plc
  • Royal Dutch Shell
  • Petroleo Brasileiro SA Petrobras
  • Orlen Południe S A
  • Freudenberg & Co. Kommanditgesellschaft
  • Consumers' Co-operative Refineries Limited
  • YPF
  • Shell Deutschland GmbH
  • TechnipFMC
  • China National Petroleum Corporation
  • Ecopetrol
  • Unipec U.K. Co. Limited
  • IKO Industries Ltd
  • Inpex Corporation
  • Sinopec
  • GTI Statia Terminals N.V.
  • National Iranian Oil Company
  • Suncor Energy Inc
  • Shaanxi Yanchang Petroleum
  • ArcelorMittal Poland S A
  • PDVSA
  • Petrobras
  • Sinochem Group
  • China National Offshore Oil Corporation
  • Kuwait Petroleum Corporation
  • Eneos Holdings
  • Reliance Petroleum Ltd
  • Sasol Oil
  • Phillips 66(US)
  • PetroSA
  • Engen Petroleum
  • Baker Hughes
  • Indian Oil Corporation Limited
  • Abu Dhabi National Oil Company
  • Oil and Natural Gas Corporation
  • Cenovus Energy Inc
  • Astron Energy
  • Global Oil Engineering AG
  • Polski Koncern Naftowy Orlen S A
  • Subsea 7.

Methodology

Loading
LOADING...