[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Oil Refining Market Forecasts to 2028 – Global Analysis By Product (Middle Distillates, Fuel Oil), Complexity (Conversion, Topping), Application (Aviation, Rail & Domestic Waterways, Transportation) and By Geography

August 2021 | 150 pages | ID: OE364D03297DEN
Stratistics Market Research Consulting

US$ 4,150.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
According to Stratistics MRC, the Global Oil Refining Market is accounted for $1,345.00 billion in 2020 and is expected to reach $2,363.31 billion by 2028 growing at a CAGR of 7.3% during the forecast period. Upgrading of refineries to fulfill the growing petroleum product demand, rapid industrialization and urbanization and the demand for gasoline and gas oil are driving the market growth. However, increasing acceptance of clean fuel is hampering the growth of the market.

Oil refining refers to post extraction treatment that is utilized to obtain high-quality oil for various uses. Many of impurities such as free fatty acids, gummy substances, ketones, and aldehydes etc are removed in the refining process. Oil refining involves many thermodynamic processes, such as mass and heat transportation phenomena, to improve oil quality and processing efficiency.

Based on the complexity, the topping segment is going to have lucrative growth during the forecast period due to its ability to transform to high value products through the cracking of larger molecules into smaller ones. By geography, North America is going to have high growth during the forecast period due to the modern refineries built in the region that are highly efficient and are more equipped in producing the fuel that meets the strict government regulations. Therefore, the technological advancements are expected to help increase the profit margins for the refinery operators in the region.

Some of the key players profiled in the Oil Refining Market include Sinopec Corporation, China National Petroleum Corporation, ExxonMobil Corporation, Chevron Corporation, Marathon Petroleum Corporation, Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited, Valero Energy Corporation, Kuwait National Petroleum Company, Abu Dhabi National Oil Company, The Phillips 66 Company and PBF Energy Inc.

Products Covered:
  • Middle Distillates
  • Fuel Oil
  • Light Distillates
Complexities Covered:
  • Deep Conversion
  • Hydro-Skimming
  • Conversion
  • Topping
Fuels Covered:
  • Gasoil
  • Liquefied Petroleum Gas (LPG)
  • Gasoline
  • Kerosene
Applications Covered:
  • Aviation
  • Rail & Domestic Waterways
  • Transportation
  • Petrochemical
  • Agriculture
  • Marine Bunker
  • Residential & Commercial
  • Electricity
Regions Covered:
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
What our report offers:
  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements
Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:
  • Company Profiling
        • Comprehensive profiling of additional market players (up to 3)
        • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 EXECUTIVE SUMMARY

2 PREFACE

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
2.5 Research Sources
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions

3 MARKET TREND ANALYSIS

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19

4 PORTERS FIVE FORCE ANALYSIS

4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 GLOBAL OIL REFINING MARKET, BY PRODUCT

5.1 Introduction
5.2 Middle Distillates
5.3 Fuel Oil
5.4 Light Distillates

6 GLOBAL OIL REFINING MARKET, BY COMPLEXITY

6.1 Introduction
6.2 Deep Conversion
6.3 Hydro-Skimming
6.4 Conversion
6.5 Topping

7 GLOBAL OIL REFINING MARKET, BY FUEL

7.1 Introduction
7.2 Gasoil
7.3 Liquefied Petroleum Gas (LPG)
7.4 Gasoline
7.5 Kerosene

8 GLOBAL OIL REFINING MARKET, BY APPLICATION

8.1 Introduction
8.2 Aviation
8.3 Rail & Domestic Waterways
8.4 Transportation
8.5 Petrochemical
8.6 Agriculture
8.7 Marine Bunker
8.8 Residential & Commercial
8.9 Electricity

9 GLOBAL OIL REFINING MARKET, BY GEOGRAPHY

9.1 Introduction
9.2 North America
  9.2.1 US
  9.2.2 Canada
  9.2.3 Mexico
9.3 Europe
  9.3.1 Germany
  9.3.2 UK
  9.3.3 Italy
  9.3.4 France
  9.3.5 Spain
  9.3.6 Rest of Europe
9.4 Asia Pacific
  9.4.1 Japan
  9.4.2 China
  9.4.3 India
  9.4.4 Australia
  9.4.5 New Zealand
  9.4.6 South Korea
  9.4.7 Rest of Asia Pacific
9.5 South America
  9.5.1 Argentina
  9.5.2 Brazil
  9.5.3 Chile
  9.5.4 Rest of South America
9.6 Middle East & Africa
  9.6.1 Saudi Arabia
  9.6.2 UAE
  9.6.3 Qatar
  9.6.4 South Africa
  9.6.5 Rest of Middle East & Africa

10 KEY DEVELOPMENTS

10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies

11 COMPANY PROFILING

11.1 Sinopec Corporation
11.2 China National Petroleum Corporation
11.3 ExxonMobil Corporation
11.4 Chevron Corporation
11.5 Marathon Petroleum Corporation
11.6 Indian Oil Corporation Limited
11.7 Bharat Petroleum Corporation Limited
11.8 Hindustan Petroleum Corporation Limited
11.9 Valero Energy Corporation
11.10 Kuwait National Petroleum Company
11.11 Abu Dhabi National Oil Company
11.12 The Phillips 66 Company
11.13 PBF Energy Inc

LIST OF TABLES

Table 1 Global Oil Refining Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Oil Refining Market Outlook, By Product (2019-2028) ($MN)
Table 3 Global Oil Refining Market Outlook, By Middle Distillates (2019-2028) ($MN)
Table 4 Global Oil Refining Market Outlook, By Fuel Oil (2019-2028) ($MN)
Table 5 Global Oil Refining Market Outlook, By Light Distillates (2019-2028) ($MN)
Table 6 Global Oil Refining Market Outlook, By Complexity (2019-2028) ($MN)
Table 7 Global Oil Refining Market Outlook, By Deep Conversion (2019-2028) ($MN)
Table 8 Global Oil Refining Market Outlook, By Hydro-Skimming (2019-2028) ($MN)
Table 9 Global Oil Refining Market Outlook, By Conversion (2019-2028) ($MN)
Table 10 Global Oil Refining Market Outlook, By Topping (2019-2028) ($MN)
Table 11 Global Oil Refining Market Outlook, By Fuel (2019-2028) ($MN)
Table 12 Global Oil Refining Market Outlook, By Gasoil (2019-2028) ($MN)
Table 13 Global Oil Refining Market Outlook, By Liquefied Petroleum Gas (LPG) (2019-2028) ($MN)
Table 14 Global Oil Refining Market Outlook, By Gasoline (2019-2028) ($MN)
Table 15 Global Oil Refining Market Outlook, By Kerosene (2019-2028) ($MN)
Table 16 Global Oil Refining Market Outlook, By Application (2019-2028) ($MN)
Table 17 Global Oil Refining Market Outlook, By Aviation (2019-2028) ($MN)
Table 18 Global Oil Refining Market Outlook, By Rail & Domestic Waterways (2019-2028) ($MN)
Table 19 Global Oil Refining Market Outlook, By Transportation (2019-2028) ($MN)
Table 20 Global Oil Refining Market Outlook, By Petrochemical (2019-2028) ($MN)
Table 21 Global Oil Refining Market Outlook, By Agriculture (2019-2028) ($MN)
Table 22 Global Oil Refining Market Outlook, By Marine Bunker (2019-2028) ($MN)
Table 23 Global Oil Refining Market Outlook, By Residential & Commercial (2019-2028) ($MN)
Table 24 Global Oil Refining Market Outlook, By Electricity (2019-2028) ($MN)
Table 25 North America Oil Refining Market Outlook, By Country (2019-2028) ($MN)
Table 26 North America Oil Refining Market Outlook, By Product (2019-2028) ($MN)
Table 27 North America Oil Refining Market Outlook, By Middle Distillates (2019-2028) ($MN)
Table 28 North America Oil Refining Market Outlook, By Fuel Oil (2019-2028) ($MN)
Table 29 North America Oil Refining Market Outlook, By Light Distillates (2019-2028) ($MN)
Table 30 North America Oil Refining Market Outlook, By Complexity (2019-2028) ($MN)
Table 31 North America Oil Refining Market Outlook, By Deep Conversion (2019-2028) ($MN)
Table 32 North America Oil Refining Market Outlook, By Hydro-Skimming (2019-2028) ($MN)
Table 33 North America Oil Refining Market Outlook, By Conversion (2019-2028) ($MN)
Table 34 North America Oil Refining Market Outlook, By Topping (2019-2028) ($MN)
Table 35 North America Oil Refining Market Outlook, By Fuel (2019-2028) ($MN)
Table 36 North America Oil Refining Market Outlook, By Gasoil (2019-2028) ($MN)
Table 37 North America Oil Refining Market Outlook, By Liquefied Petroleum Gas (LPG) (2019-2028) ($MN)
Table 38 North America Oil Refining Market Outlook, By Gasoline (2019-2028) ($MN)
Table 39 North America Oil Refining Market Outlook, By Kerosene (2019-2028) ($MN)
Table 40 North America Oil Refining Market Outlook, By Application (2019-2028) ($MN)
Table 41 North America Oil Refining Market Outlook, By Aviation (2019-2028) ($MN)
Table 42 North America Oil Refining Market Outlook, By Rail & Domestic Waterways (2019-2028) ($MN)
Table 43 North America Oil Refining Market Outlook, By Transportation (2019-2028) ($MN)
Table 44 North America Oil Refining Market Outlook, By Petrochemical (2019-2028) ($MN)
Table 45 North America Oil Refining Market Outlook, By Agriculture (2019-2028) ($MN)
Table 46 North America Oil Refining Market Outlook, By Marine Bunker (2019-2028) ($MN)
Table 47 North America Oil Refining Market Outlook, By Residential & Commercial (2019-2028) ($MN)
Table 48 North America Oil Refining Market Outlook, By Electricity (2019-2028) ($MN)
Table 49 Europe Oil Refining Market Outlook, By Country (2019-2028) ($MN)
Table 50 Europe Oil Refining Market Outlook, By Product (2019-2028) ($MN)
Table 51 Europe Oil Refining Market Outlook, By Middle Distillates (2019-2028) ($MN)
Table 52 Europe Oil Refining Market Outlook, By Fuel Oil (2019-2028) ($MN)
Table 53 Europe Oil Refining Market Outlook, By Light Distillates (2019-2028) ($MN)
Table 54 Europe Oil Refining Market Outlook, By Complexity (2019-2028) ($MN)
Table 55 Europe Oil Refining Market Outlook, By Deep Conversion (2019-2028) ($MN)
Table 56 Europe Oil Refining Market Outlook, By Hydro-Skimming (2019-2028) ($MN)
Table 57 Europe Oil Refining Market Outlook, By Conversion (2019-2028) ($MN)
Table 58 Europe Oil Refining Market Outlook, By Topping (2019-2028) ($MN)
Table 59 Europe Oil Refining Market Outlook, By Fuel (2019-2028) ($MN)
Table 60 Europe Oil Refining Market Outlook, By Gasoil (2019-2028) ($MN)
Table 61 Europe Oil Refining Market Outlook, By Liquefied Petroleum Gas (LPG) (2019-2028) ($MN)
Table 62 Europe Oil Refining Market Outlook, By Gasoline (2019-2028) ($MN)
Table 63 Europe Oil Refining Market Outlook, By Kerosene (2019-2028) ($MN)
Table 64 Europe Oil Refining Market Outlook, By Application (2019-2028) ($MN)
Table 65 Europe Oil Refining Market Outlook, By Aviation (2019-2028) ($MN)
Table 66 Europe Oil Refining Market Outlook, By Rail & Domestic Waterways (2019-2028) ($MN)
Table 67 Europe Oil Refining Market Outlook, By Transportation (2019-2028) ($MN)
Table 68 Europe Oil Refining Market Outlook, By Petrochemical (2019-2028) ($MN)
Table 69 Europe Oil Refining Market Outlook, By Agriculture (2019-2028) ($MN)
Table 70 Europe Oil Refining Market Outlook, By Marine Bunker (2019-2028) ($MN)
Table 71 Europe Oil Refining Market Outlook, By Residential & Commercial (2019-2028) ($MN)
Table 72 Europe Oil Refining Market Outlook, By Electricity (2019-2028) ($MN)
Table 73 Asia Pacific Oil Refining Market Outlook, By Country (2019-2028) ($MN)
Table 74 Asia Pacific Oil Refining Market Outlook, By Product (2019-2028) ($MN)
Table 75 Asia Pacific Oil Refining Market Outlook, By Middle Distillates (2019-2028) ($MN)
Table 76 Asia Pacific Oil Refining Market Outlook, By Fuel Oil (2019-2028) ($MN)
Table 77 Asia Pacific Oil Refining Market Outlook, By Light Distillates (2019-2028) ($MN)
Table 78 Asia Pacific Oil Refining Market Outlook, By Complexity (2019-2028) ($MN)
Table 79 Asia Pacific Oil Refining Market Outlook, By Deep Conversion (2019-2028) ($MN)
Table 80 Asia Pacific Oil Refining Market Outlook, By Hydro-Skimming (2019-2028) ($MN)
Table 81 Asia Pacific Oil Refining Market Outlook, By Conversion (2019-2028) ($MN)
Table 82 Asia Pacific Oil Refining Market Outlook, By Topping (2019-2028) ($MN)
Table 83 Asia Pacific Oil Refining Market Outlook, By Fuel (2019-2028) ($MN)
Table 84 Asia Pacific Oil Refining Market Outlook, By Gasoil (2019-2028) ($MN)
Table 85 Asia Pacific Oil Refining Market Outlook, By Liquefied Petroleum Gas (LPG) (2019-2028) ($MN)
Table 86 Asia Pacific Oil Refining Market Outlook, By Gasoline (2019-2028) ($MN)
Table 87 Asia Pacific Oil Refining Market Outlook, By Kerosene (2019-2028) ($MN)
Table 88 Asia Pacific Oil Refining Market Outlook, By Application (2019-2028) ($MN)
Table 89 Asia Pacific Oil Refining Market Outlook, By Aviation (2019-2028) ($MN)
Table 90 Asia Pacific Oil Refining Market Outlook, By Rail & Domestic Waterways (2019-2028) ($MN)
Table 91 Asia Pacific Oil Refining Market Outlook, By Transportation (2019-2028) ($MN)
Table 92 Asia Pacific Oil Refining Market Outlook, By Petrochemical (2019-2028) ($MN)
Table 93 Asia Pacific Oil Refining Market Outlook, By Agriculture (2019-2028) ($MN)
Table 94 Asia Pacific Oil Refining Market Outlook, By Marine Bunker (2019-2028) ($MN)
Table 95 Asia Pacific Oil Refining Market Outlook, By Residential & Commercial (2019-2028) ($MN)
Table 96 Asia Pacific Oil Refining Market Outlook, By Electricity (2019-2028) ($MN)
Table 97 South America Oil Refining Market Outlook, By Country (2019-2028) ($MN)
Table 98 South America Oil Refining Market Outlook, By Product (2019-2028) ($MN)
Table 99 South America Oil Refining Market Outlook, By Middle Distillates (2019-2028) ($MN)
Table 100 South America Oil Refining Market Outlook, By Fuel Oil (2019-2028) ($MN)
Table 101 South America Oil Refining Market Outlook, By Light Distillates (2019-2028) ($MN)
Table 102 South America Oil Refining Market Outlook, By Complexity (2019-2028) ($MN)
Table 103 South America Oil Refining Market Outlook, By Deep Conversion (2019-2028) ($MN)
Table 104 South America Oil Refining Market Outlook, By Hydro-Skimming (2019-2028) ($MN)
Table 105 South America Oil Refining Market Outlook, By Conversion (2019-2028) ($MN)
Table 106 South America Oil Refining Market Outlook, By Topping (2019-2028) ($MN)
Table 107 South America Oil Refining Market Outlook, By Fuel (2019-2028) ($MN)
Table 108 South America Oil Refining Market Outlook, By Gasoil (2019-2028) ($MN)
Table 109 South America Oil Refining Market Outlook, By Liquefied Petroleum Gas (LPG) (2019-2028) ($MN)
Table 110 South America Oil Refining Market Outlook, By Gasoline (2019-2028) ($MN)
Table 111 South America Oil Refining Market Outlook, By Kerosene (2019-2028) ($MN)
Table 112 South America Oil Refining Market Outlook, By Application (2019-2028) ($MN)
Table 113 South America Oil Refining Market Outlook, By Aviation (2019-2028) ($MN)
Table 114 South America Oil Refining Market Outlook, By Rail & Domestic Waterways (2019-2028) ($MN)
Table 115 South America Oil Refining Market Outlook, By Transportation (2019-2028) ($MN)
Table 116 South America Oil Refining Market Outlook, By Petrochemical (2019-2028) ($MN)
Table 117 South America Oil Refining Market Outlook, By Agriculture (2019-2028) ($MN)
Table 118 South America Oil Refining Market Outlook, By Marine Bunker (2019-2028) ($MN)
Table 119 South America Oil Refining Market Outlook, By Residential & Commercial (2019-2028) ($MN)
Table 120 South America Oil Refining Market Outlook, By Electricity (2019-2028) ($MN)
Table 121 Middle East & Africa Oil Refining Market Outlook, By Country (2019-2028) ($MN)
Table 122 Middle East & Africa Oil Refining Market Outlook, By Product (2019-2028) ($MN)
Table 123 Middle East & Africa Oil Refining Market Outlook, By Middle Distillates (2019-2028) ($MN)
Table 124 Middle East & Africa Oil Refining Market Outlook, By Fuel Oil (2019-2028) ($MN)
Table 125 Middle East & Africa Oil Refining Market Outlook, By Light Distillates (2019-2028) ($MN)
Table 126 Middle East & Africa Oil Refining Market Outlook, By Complexity (2019-2028) ($MN)
Table 127 Middle East & Africa Oil Refining Market Outlook, By Deep Conversion (2019-2028) ($MN)
Table 128 Middle East & Africa Oil Refining Market Outlook, By Hydro-Skimming (2019-2028) ($MN)
Table 129 Middle East & Africa Oil Refining Market Outlook, By Conversion (2019-2028) ($MN)
Table 130 Middle East & Africa Oil Refining Market Outlook, By Topping (2019-2028) ($MN)
Table 131 Middle East & Africa Oil Refining Market Outlook, By Fuel (2019-2028) ($MN)
Table 132 Middle East & Africa Oil Refining Market Outlook, By Gasoil (2019-2028) ($MN)
Table 133 Middle East & Africa Oil Refining Market Outlook, By Liquefied Petroleum Gas (LPG) (2019-2028) ($MN)
Table 134 Middle East & Africa Oil Refining Market Outlook, By Gasoline (2019-2028) ($MN)
Table 135 Middle East & Africa Oil Refining Market Outlook, By Kerosene (2019-2028) ($MN)
Table 136 Middle East & Africa Oil Refining Market Outlook, By Application (2019-2028) ($MN)
Table 137 Middle East & Africa Oil Refining Market Outlook, By Aviation (2019-2028) ($MN)
Table 138 Middle East & Africa Oil Refining Market Outlook, By Rail & Domestic Waterways (2019-2028) ($MN)
Table 139 Middle East & Africa Oil Refining Market Outlook, By Transportation (2019-2028) ($MN)
Table 140 Middle East & Africa Oil Refining Market Outlook, By Petrochemical (2019-2028) ($MN)
Table 141 Middle East & Africa Oil Refining Market Outlook, By Agriculture (2019-2028) ($MN)
Table 142 Middle East & Africa Oil Refining Market Outlook, By Marine Bunker (2019-2028) ($MN)
Table 143 Middle East & Africa Oil Refining Market Outlook, By Residential & Commercial (2019-2028) ($MN)
Table 144 Middle East & Africa Oil Refining Market Outlook, By Electricity (2019-2028) ($MN)


More Publications