EUROPE CRUDE OIL MARKET FORECAST 2018-2026
KEY FINDINGS
The Europe crude oil market is expected to progress over the forecast period of 2018-2026, by exhibiting a CAGR of 1.65%. Crude oil finds its application in gasoline, diesel fuel & heating oil, jet fuel and LPG, further paving the way for the growth of the crude oil market in Europe.
MARKET INSIGHTS
The Europe crude oil market is segmented on the basis of application and type. A major market share has been captured by the German market, which is also expected to show a considerable progress over the forecast period. Such high demand of crude oil in the German market can be attributed to the growing sales of petrol and diesel based vehicles, including passenger cars and commercial vehicles, in the region.
COMPETITIVE INSIGHTS
Some of the noted market players in the Europe crude oil market are Total SA, Royal Dutch Shell, Chevron Corporation, Oil and Natural Gas Corporation Limited (ONGC), Bp Global, Exxon Mobil Corporation, Gazprom, Marathon Petroleum Corporation, and Lukoil.
The Europe crude oil market is expected to progress over the forecast period of 2018-2026, by exhibiting a CAGR of 1.65%. Crude oil finds its application in gasoline, diesel fuel & heating oil, jet fuel and LPG, further paving the way for the growth of the crude oil market in Europe.
MARKET INSIGHTS
The Europe crude oil market is segmented on the basis of application and type. A major market share has been captured by the German market, which is also expected to show a considerable progress over the forecast period. Such high demand of crude oil in the German market can be attributed to the growing sales of petrol and diesel based vehicles, including passenger cars and commercial vehicles, in the region.
COMPETITIVE INSIGHTS
Some of the noted market players in the Europe crude oil market are Total SA, Royal Dutch Shell, Chevron Corporation, Oil and Natural Gas Corporation Limited (ONGC), Bp Global, Exxon Mobil Corporation, Gazprom, Marathon Petroleum Corporation, and Lukoil.
1. RESEARCH SCOPE
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP-DOWN APPROACH
2.3. BOTTOM-UP APPROACH
2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDINGS
3.2.1. GASOLINE HELD THE LARGEST MARKET SHARE OF THE APPLICATION SEGMENT
3.2.2. LIGHT CRUDE OIL ACCOUNTED FOR THE LARGEST SHARE OF THE TYPE SEGMENT
3.2.3. LPG SEGMENT IS EXPECTED TO GROW AT A FAST PACE
3.2.4. INCREASED NUMBER OF ACTIVE OIL RIGS ACROSS SEVERAL GEOGRAPHIES
4. MARKET DYNAMICS
4.1. PARENT MARKET ANALYSIS: ENERGY MARKET
4.2. ETYMOLOGY OF CRUDE OIL
4.3. MARKET DEFINITION & SCOPE
4.4. DRIVERS
4.4.1. BOOMING TRANSPORTATION INDUSTRY
4.4.2. RISE IN EXPORT OF CRUDE OIL TO AID IN MARKET GROWTH
4.4.3. RISING DEMAND FOR PETROLEUM PRODUCTS
4.5. RESTRAINTS
4.5.1. VOLATILITY IN CRUDE OIL PRICES
4.5.2. SEASONAL CHANGES ADVERSELY AFFECT THE DEMAND AND SUPPLY OF CRUDE OIL
4.6. OPPORTUNITIES
4.6.1. GROWING DEMAND OF FERTILIZERS AND PETROCHEMICALS IN AGRICULTURE SECTOR
4.7. CHALLENGES
4.7.1. AVAILABILITY OF ALTERNATIVES SUCH AS NATURAL GAS, BIOFUELS, HYDRO-ENERGY, SOLAR, WIND
4.7.2. RISE IN THE TERRITORIAL AND REGIONAL DISPUTES AMONG DIFFERENT NATION
5. MARKET BY TYPE
5.1. HEAVY CRUDE OIL
5.2. LIGHT CRUDE OIL
6. MARKET BY APPLICATION
6.1. GASOLINE
6.2. DIESEL FUEL & HEATING OIL
6.3. JET FUEL
6.4. LPG
6.5. LIQUID ASPHALT
6.6. OTHER APPLICATION
7. KEY ANALYTICS
7.1. PORTER’S FIVE FORCE MODEL
7.1.1. THREAT OF NEW ENTRANTS
7.1.2. THREAT OF SUBSTITUTE
7.1.3. BARGAINING POWER OF SUPPLIERS
7.1.4. BARGAINING POWER OF BUYERS
7.1.5. THREAT OF COMPETITIVE RIVALRY
7.2. PRICING ANALYSIS
7.3. KEY BUYING CRITERIA
7.3.1. COST
7.3.2. MODE OF TRADE
7.3.3. GEOGRAPHICAL LOCATION
7.4. OPPORTUNITY MATRIX
7.5. VENDOR LANDSCAPE
7.6. VALUE CHAIN ANALYSIS
7.6.1. CHEMICAL PROCESSING
7.6.2. PRODUCERS
7.6.3. END-USERS
7.7. LEGAL, POLICY & REGULATORY FRAMEWORK
7.8. INVESTMENT ANALYSIS
7.8.1. BY APPLICATION
7.8.2. BY CRUDE OIL TYPE
8. GEOGRAPHICAL ANALYSIS
8.1. UNITED KINGDOM
8.2. GERMANY
8.3. FRANCE
8.4. RUSSIA
8.5. REST OF EUROPE
9. COMPETITIVE LANDSCAPE
9.1. MARKET SHARE ANALYSIS
9.2. KEY COMPANY ANALYSIS
9.2.1. SAUDI ARAMCO
9.2.2. NATIONAL IRANIAN OIL COMPANY (NIOC)
9.2.3. SINOPEC OR CHINA PETROLEUM & CHEMICAL CORPORATION
9.2.4. GAZPROM
9.2.5. EXXON MOBIL CORPORATION
9.3. CORPORATE STRATEGIES
9.3.1. PARTNERSHIP & COLLABORATION
9.3.2. MERGER & ACQUISITION
9.3.3. BUSINESS EXPANSION
9.3.4. INVESTMENT
9.4. COMPANY PROFILES
9.4.1. BP EUROPE
9.4.2. CAIRN INDIA
9.4.3. CHEVRON CORPORATION
9.4.4. EXXON MOBIL CORPORATION
9.4.5. GAZPROM
9.4.6. KUWAIT PETROLEUM CORPORATION
9.4.7. LUKOIL
9.4.8. MARATHON PETROLEUM CORPORATION
9.4.9. NATIONAL IRANIAN OIL CORPORATION (NIOC)
9.4.10. OIL AND NATURAL GAS CORPORATION LIMITED (ONGC)
9.4.11. PEMEX (PETRÓLEOS MEXICANOS)
9.4.12. ROYAL DUTCH SHELL
9.4.13. SAUDI ARAMCO
9.4.14. SINOPEC OR CHINA PETROLEUM & CHEVRON CORPORATION
9.4.15. TOTAL SA
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP-DOWN APPROACH
2.3. BOTTOM-UP APPROACH
2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDINGS
3.2.1. GASOLINE HELD THE LARGEST MARKET SHARE OF THE APPLICATION SEGMENT
3.2.2. LIGHT CRUDE OIL ACCOUNTED FOR THE LARGEST SHARE OF THE TYPE SEGMENT
3.2.3. LPG SEGMENT IS EXPECTED TO GROW AT A FAST PACE
3.2.4. INCREASED NUMBER OF ACTIVE OIL RIGS ACROSS SEVERAL GEOGRAPHIES
4. MARKET DYNAMICS
4.1. PARENT MARKET ANALYSIS: ENERGY MARKET
4.2. ETYMOLOGY OF CRUDE OIL
4.3. MARKET DEFINITION & SCOPE
4.4. DRIVERS
4.4.1. BOOMING TRANSPORTATION INDUSTRY
4.4.2. RISE IN EXPORT OF CRUDE OIL TO AID IN MARKET GROWTH
4.4.3. RISING DEMAND FOR PETROLEUM PRODUCTS
4.5. RESTRAINTS
4.5.1. VOLATILITY IN CRUDE OIL PRICES
4.5.2. SEASONAL CHANGES ADVERSELY AFFECT THE DEMAND AND SUPPLY OF CRUDE OIL
4.6. OPPORTUNITIES
4.6.1. GROWING DEMAND OF FERTILIZERS AND PETROCHEMICALS IN AGRICULTURE SECTOR
4.7. CHALLENGES
4.7.1. AVAILABILITY OF ALTERNATIVES SUCH AS NATURAL GAS, BIOFUELS, HYDRO-ENERGY, SOLAR, WIND
4.7.2. RISE IN THE TERRITORIAL AND REGIONAL DISPUTES AMONG DIFFERENT NATION
5. MARKET BY TYPE
5.1. HEAVY CRUDE OIL
5.2. LIGHT CRUDE OIL
6. MARKET BY APPLICATION
6.1. GASOLINE
6.2. DIESEL FUEL & HEATING OIL
6.3. JET FUEL
6.4. LPG
6.5. LIQUID ASPHALT
6.6. OTHER APPLICATION
7. KEY ANALYTICS
7.1. PORTER’S FIVE FORCE MODEL
7.1.1. THREAT OF NEW ENTRANTS
7.1.2. THREAT OF SUBSTITUTE
7.1.3. BARGAINING POWER OF SUPPLIERS
7.1.4. BARGAINING POWER OF BUYERS
7.1.5. THREAT OF COMPETITIVE RIVALRY
7.2. PRICING ANALYSIS
7.3. KEY BUYING CRITERIA
7.3.1. COST
7.3.2. MODE OF TRADE
7.3.3. GEOGRAPHICAL LOCATION
7.4. OPPORTUNITY MATRIX
7.5. VENDOR LANDSCAPE
7.6. VALUE CHAIN ANALYSIS
7.6.1. CHEMICAL PROCESSING
7.6.2. PRODUCERS
7.6.3. END-USERS
7.7. LEGAL, POLICY & REGULATORY FRAMEWORK
7.8. INVESTMENT ANALYSIS
7.8.1. BY APPLICATION
7.8.2. BY CRUDE OIL TYPE
8. GEOGRAPHICAL ANALYSIS
8.1. UNITED KINGDOM
8.2. GERMANY
8.3. FRANCE
8.4. RUSSIA
8.5. REST OF EUROPE
9. COMPETITIVE LANDSCAPE
9.1. MARKET SHARE ANALYSIS
9.2. KEY COMPANY ANALYSIS
9.2.1. SAUDI ARAMCO
9.2.2. NATIONAL IRANIAN OIL COMPANY (NIOC)
9.2.3. SINOPEC OR CHINA PETROLEUM & CHEMICAL CORPORATION
9.2.4. GAZPROM
9.2.5. EXXON MOBIL CORPORATION
9.3. CORPORATE STRATEGIES
9.3.1. PARTNERSHIP & COLLABORATION
9.3.2. MERGER & ACQUISITION
9.3.3. BUSINESS EXPANSION
9.3.4. INVESTMENT
9.4. COMPANY PROFILES
9.4.1. BP EUROPE
9.4.2. CAIRN INDIA
9.4.3. CHEVRON CORPORATION
9.4.4. EXXON MOBIL CORPORATION
9.4.5. GAZPROM
9.4.6. KUWAIT PETROLEUM CORPORATION
9.4.7. LUKOIL
9.4.8. MARATHON PETROLEUM CORPORATION
9.4.9. NATIONAL IRANIAN OIL CORPORATION (NIOC)
9.4.10. OIL AND NATURAL GAS CORPORATION LIMITED (ONGC)
9.4.11. PEMEX (PETRÓLEOS MEXICANOS)
9.4.12. ROYAL DUTCH SHELL
9.4.13. SAUDI ARAMCO
9.4.14. SINOPEC OR CHINA PETROLEUM & CHEVRON CORPORATION
9.4.15. TOTAL SA
LIST OF TABLES
Table 1: EUROPE CRUDE OIL MARKET, BY COUNTRY, 2018-2026 (IN $ BILLION)
Table 2: PETROLEUM PRODUCTS DEMAND OUTLOOK IN 2016, BY KEY GEOGRAPHIES (1000 B/D)
Table 3: WORLD SUPPLY OF AMMONIA, POTASH AND PHOSPHORIC ACID IN 2015-2020
Table 4: EUROPE CRUDE OIL MARKET, BY TYPE, 2018-2026, (IN $ BILLION)
Table 5: PRODUCTION CAPACITY ANALYSIS, BY TYPE, 2015-2017 (BILLION BARRELS/DAY)
Table 6: CONSUMPTION CAPACITY ANALYSIS, BY TYPE, 2015-2017 (BILLION BARRELS/DAY)
Table 7: EUROPE CRUDE OIL MARKET, BY APPLICATION, 2018-2026, (IN $ BILLION)
Table 8: PRODUCTION CAPACITY ANALYSIS, BY APPLICATION, 2015-2017 (BILLION BARRELS/DAY)
Table 9: CONSUMPTION CAPACITY ANALYSIS, BY APPLICATION, 2015-2017 (BILLION BARRELS/DAY)
Table 10: OPPORTUNITY MATRIX
Table 11: VENDOR LANDSCAPE
Table 12: LEGAL, POLICY & REGULATORY FRAMEWORK
Table 13: EUROPE CRUDE OIL MARKET, BY COUNTRY, 2018-2026 (IN $ BILLION)
Table 14: PRODUCTION CAPACITY ANALYSIS IN EUROPE, 2015-2017 (BILLION BARRELS/DAY)
Table 15: CONSUMPTION CAPACITY ANALYSIS IN EUROPE, 2015-2017 (BILLION BARRELS/DAY)
Table 16: LIST OF PRODUCT PARTNERSHIP & COLLABORATION
Table 17: LIST OF PRODUCT MERGER & ACQUISITION
Table 18: LIST OF BUSINESS EXPANSION
Table 19: LIST OF INVESTMENT
Table 1: EUROPE CRUDE OIL MARKET, BY COUNTRY, 2018-2026 (IN $ BILLION)
Table 2: PETROLEUM PRODUCTS DEMAND OUTLOOK IN 2016, BY KEY GEOGRAPHIES (1000 B/D)
Table 3: WORLD SUPPLY OF AMMONIA, POTASH AND PHOSPHORIC ACID IN 2015-2020
Table 4: EUROPE CRUDE OIL MARKET, BY TYPE, 2018-2026, (IN $ BILLION)
Table 5: PRODUCTION CAPACITY ANALYSIS, BY TYPE, 2015-2017 (BILLION BARRELS/DAY)
Table 6: CONSUMPTION CAPACITY ANALYSIS, BY TYPE, 2015-2017 (BILLION BARRELS/DAY)
Table 7: EUROPE CRUDE OIL MARKET, BY APPLICATION, 2018-2026, (IN $ BILLION)
Table 8: PRODUCTION CAPACITY ANALYSIS, BY APPLICATION, 2015-2017 (BILLION BARRELS/DAY)
Table 9: CONSUMPTION CAPACITY ANALYSIS, BY APPLICATION, 2015-2017 (BILLION BARRELS/DAY)
Table 10: OPPORTUNITY MATRIX
Table 11: VENDOR LANDSCAPE
Table 12: LEGAL, POLICY & REGULATORY FRAMEWORK
Table 13: EUROPE CRUDE OIL MARKET, BY COUNTRY, 2018-2026 (IN $ BILLION)
Table 14: PRODUCTION CAPACITY ANALYSIS IN EUROPE, 2015-2017 (BILLION BARRELS/DAY)
Table 15: CONSUMPTION CAPACITY ANALYSIS IN EUROPE, 2015-2017 (BILLION BARRELS/DAY)
Table 16: LIST OF PRODUCT PARTNERSHIP & COLLABORATION
Table 17: LIST OF PRODUCT MERGER & ACQUISITION
Table 18: LIST OF BUSINESS EXPANSION
Table 19: LIST OF INVESTMENT
LIST OF FIGURES
Figure 1: EUROPE CRUDE OIL MARKET, BY TYPE, 2017 & 2026 (IN %)
Figure 2: REGION WISE ACTIVE OIL RIGS, 2015 & 2016 (IN %)
Figure 3: TIMELINE OF CRUDE OIL
Figure 4: RISE IN THE COMMERCIAL VEHICLE SALES, 2005-2017 (IN MILLION UNITS)
Figure 5: TOTAL PASSENGER CARS SALES, 2005-2017 (IN MILLION UNITS)
Figure 6: PASSENGER CARS WITH FUEL TYPES (Q1-2018)
Figure 7: TOTAL SALES OF MOTOR VEHICLE, 2005-2017 (IN MILLION UNITS)
Figure 8: EXPORTS OF CRUDE OIL IN KEY GEOGRAPHIES, 2010-2016 (1000 B/D)
Figure 9: WORLDWIDE EXPORTS OF CRUDE OIL IN, 2010-2016 (1000 B/D)
Figure 10: FLUCTUATIONS IN CRUDE OIL PRICES, 2000-2016, ($ PER BARREL)
Figure 11: EUROPE CRUDE OIL MARKET, BY HEAVY CRUDE OIL, 2018-2026 (IN $ BILLION)
Figure 12: EUROPE CRUDE OIL MARKET, BY LIGHT CRUDE OIL, 2018-2026 (IN $ BILLION)
Figure 13: EUROPE CRUDE OIL MARKET, BY GASOLINE, 2018-2026 (IN $ BILLION)
Figure 14: EUROPE CRUDE OIL MARKET, BY DIESEL FUEL & HEATING OIL, 2018-2026 (IN $ BILLION)
Figure 15: EUROPE CRUDE OIL MARKET, BY JET FUEL, 2018-2026 (IN $ BILLION)
Figure 16: EUROPE CRUDE OIL MARKET, BY LPG, 2018-2026 (IN $ BILLION)
Figure 17: EUROPE CRUDE OIL MARKET, BY LIQUID ASPHALT, 2018-2026 (IN $ BILLION)
Figure 18: EUROPE CRUDE OIL MARKET, BY OTHER APPLICATION, 2018-2026 (IN $ BILLION)
Figure 19: PORTER’S FIVE FORCE MODEL OF CRUDE OIL MARKET
Figure 20: PRICING ANALYSIS
Figure 21: FLUCTUATIONS IN CRUDE OIL PRICES, 2015-2019 ($ PER BARREL)
Figure 22: KEY BUYING IMPACT ANALYSIS
Figure 23: VALUE CHAIN ANALYSIS
Figure 24: INVESTMENT ANALYSIS OF CRUDE OIL MARKET, BY APPLICATION, IN 2017
Figure 25: INVESTMENT ANALYSIS OF CRUDE OIL MARKET, BY CRUDE OIL TYPE, IN 2017
Figure 26: EUROPE CRUDE OIL MARKET, REGIONAL OUTLOOK, 2017 & 2026 (IN %)
Figure 27: UNITED KINGDOM CRUDE OIL MARKET, 2018-2026 (IN $ BILLION)
Figure 28: GERMANY CRUDE OIL MARKET, 2018-2026 (IN $ BILLION)
Figure 29: FRANCE CRUDE OIL MARKET, 2018-2026 (IN $ BILLION)
Figure 30: RUSSIA CRUDE OIL MARKET, 2018-2026 (IN $ BILLION)
Figure 31: REST OF EUROPE CRUDE OIL MARKET, 2018-2026 (IN $ BILLION)
Figure 32: MARKET SHARE ANALYSIS OF KEY PLAYERS IN 2017
Figure 1: EUROPE CRUDE OIL MARKET, BY TYPE, 2017 & 2026 (IN %)
Figure 2: REGION WISE ACTIVE OIL RIGS, 2015 & 2016 (IN %)
Figure 3: TIMELINE OF CRUDE OIL
Figure 4: RISE IN THE COMMERCIAL VEHICLE SALES, 2005-2017 (IN MILLION UNITS)
Figure 5: TOTAL PASSENGER CARS SALES, 2005-2017 (IN MILLION UNITS)
Figure 6: PASSENGER CARS WITH FUEL TYPES (Q1-2018)
Figure 7: TOTAL SALES OF MOTOR VEHICLE, 2005-2017 (IN MILLION UNITS)
Figure 8: EXPORTS OF CRUDE OIL IN KEY GEOGRAPHIES, 2010-2016 (1000 B/D)
Figure 9: WORLDWIDE EXPORTS OF CRUDE OIL IN, 2010-2016 (1000 B/D)
Figure 10: FLUCTUATIONS IN CRUDE OIL PRICES, 2000-2016, ($ PER BARREL)
Figure 11: EUROPE CRUDE OIL MARKET, BY HEAVY CRUDE OIL, 2018-2026 (IN $ BILLION)
Figure 12: EUROPE CRUDE OIL MARKET, BY LIGHT CRUDE OIL, 2018-2026 (IN $ BILLION)
Figure 13: EUROPE CRUDE OIL MARKET, BY GASOLINE, 2018-2026 (IN $ BILLION)
Figure 14: EUROPE CRUDE OIL MARKET, BY DIESEL FUEL & HEATING OIL, 2018-2026 (IN $ BILLION)
Figure 15: EUROPE CRUDE OIL MARKET, BY JET FUEL, 2018-2026 (IN $ BILLION)
Figure 16: EUROPE CRUDE OIL MARKET, BY LPG, 2018-2026 (IN $ BILLION)
Figure 17: EUROPE CRUDE OIL MARKET, BY LIQUID ASPHALT, 2018-2026 (IN $ BILLION)
Figure 18: EUROPE CRUDE OIL MARKET, BY OTHER APPLICATION, 2018-2026 (IN $ BILLION)
Figure 19: PORTER’S FIVE FORCE MODEL OF CRUDE OIL MARKET
Figure 20: PRICING ANALYSIS
Figure 21: FLUCTUATIONS IN CRUDE OIL PRICES, 2015-2019 ($ PER BARREL)
Figure 22: KEY BUYING IMPACT ANALYSIS
Figure 23: VALUE CHAIN ANALYSIS
Figure 24: INVESTMENT ANALYSIS OF CRUDE OIL MARKET, BY APPLICATION, IN 2017
Figure 25: INVESTMENT ANALYSIS OF CRUDE OIL MARKET, BY CRUDE OIL TYPE, IN 2017
Figure 26: EUROPE CRUDE OIL MARKET, REGIONAL OUTLOOK, 2017 & 2026 (IN %)
Figure 27: UNITED KINGDOM CRUDE OIL MARKET, 2018-2026 (IN $ BILLION)
Figure 28: GERMANY CRUDE OIL MARKET, 2018-2026 (IN $ BILLION)
Figure 29: FRANCE CRUDE OIL MARKET, 2018-2026 (IN $ BILLION)
Figure 30: RUSSIA CRUDE OIL MARKET, 2018-2026 (IN $ BILLION)
Figure 31: REST OF EUROPE CRUDE OIL MARKET, 2018-2026 (IN $ BILLION)
Figure 32: MARKET SHARE ANALYSIS OF KEY PLAYERS IN 2017
