Global Vacuum Gas Oil(VGO) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Vacuum Gas Oil（VGO） Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Vacuum Gas Oil or VGO is part of the petroleum hydrocarbon heavy distillate family. Vacuum Gas Oil also known as cat feed, which is feedstock for fluid catalytic crackers used to make gasoline, gasoil and many other by-products.

According to our (Global Info Research) latest study, the global Vacuum Gas Oil（VGO） market size was valued at US$ 2225 million in 2023 and is forecast to a readjusted size of USD 3217 million by 2030 with a CAGR of 5.5% during review period.

The major players in global Vacuum Gas Oil (VGO) market include Kuwait Petroleum Corporation (KPC), Axeon Specialty Products, Marathon Oil, U.S. Oil & Refining, KazMunayGas (KMG), TAIF-NK PSC, Tatneft, Rosneft, Integrated Refinery Petrochemical Complex (IRPC), etc. Top 3 companies occupied about 40% market share. Europe is the largest Vacuum Gas Oil (VGO) market with about 45% market share. USA is follower, accounting for about 25% market share. Light Vacuum Gas Oil (LVGO) is the main type, with a share about 60%. Gasoline Production is the main application, which holds a share about 55%.

This report is a detailed and comprehensive analysis for global Vacuum Gas Oil（VGO） market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Vacuum Gas Oil（VGO） market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2019-2030

Global Vacuum Gas Oil（VGO） market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2019-2030

Global Vacuum Gas Oil（VGO） market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2019-2030

Global Vacuum Gas Oil（VGO） market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Vacuum Gas Oil（VGO）

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Vacuum Gas Oil（VGO） market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Kuwait Petroleum Corporation (KPC), Axeon Specialty Products, Marathon Oil, U.S. Oil & Refining, KazMunayGas (KMG), TAIF-NK PSC, Tatneft, Rosneft, Integrated Refinery Petrochemical Complex (IRPC), etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Vacuum Gas Oil（VGO） market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Heavy Vacuum Gas Oil (HVGO)
Light Vacuum Gas Oil (LVGO)

Market segment by Application
Gasoline Production
Diesel / Kerosene Production

Major players covered
Kuwait Petroleum Corporation (KPC)
Axeon Specialty Products
Marathon Oil
U.S. Oil & Refining
KazMunayGas (KMG)
TAIF-NK PSC
Tatneft
Rosneft
Integrated Refinery Petrochemical Complex (IRPC)

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Vacuum Gas Oil（VGO） product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Vacuum Gas Oil（VGO）, with price, sales quantity, revenue, and global market share of Vacuum Gas Oil（VGO） from 2019 to 2024.

Chapter 3, the Vacuum Gas Oil（VGO） competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Vacuum Gas Oil（VGO） breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Vacuum Gas Oil（VGO） market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Vacuum Gas Oil（VGO）.

Chapter 14 and 15, to describe Vacuum Gas Oil（VGO） sales channel, distributors, customers, research findings and conclusion.