Global Refined Oil Trading Market Growth (Status and Outlook) 2024-2030
Refined oil trading refers to the commercial activities of buying, selling, transporting and distributing refined petroleum products (such as gasoline, diesel, aviation fuel, kerosene, lubricants, etc.) in global or regional markets. The trade involves refineries, oil companies, traders and end consumers, such as the transportation industry, industrial users and gas stations. Refined petroleum products trade is carried out through spot markets, futures markets and long-term contracts, aiming to meet energy needs in various places, optimize supply chain management, and cope with price fluctuations in the market. Refined petroleum products trade plays a key role in supporting economic operations, ensuring energy supply and promoting the balance of global oil markets.
The global Refined Oil Trading market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LPI (LP Information)' newest research report, the “Refined Oil Trading Industry Forecast” looks at past sales and reviews total world Refined Oil Trading sales in 2022, providing a comprehensive analysis by region and market sector of projected Refined Oil Trading sales for 2023 through 2029. With Refined Oil Trading sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Refined Oil Trading industry.
This Insight Report provides a comprehensive analysis of the global Refined Oil Trading landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Refined Oil Trading portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Refined Oil Trading market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Refined Oil Trading and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Refined Oil Trading.
United States market for Refined Oil Trading is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Refined Oil Trading is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Refined Oil Trading is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Refined Oil Trading players cover Vitol Group, Trafigura Group, Glencore, Gunvor Group, Mercorria, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Refined Oil Trading market by product type, application, key players and key regions and countries.
Segmentation by Type:
Gasoline
Diesel
Lubricants
Other
Segmentation by Application:
Fuel
Industrial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Gasoline
Diesel
Lubricants
Other
Segmentation by Application:
Fuel
Industrial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Vitol Group
Trafigura Group
Glencore
Gunvor Group
Mercorria
BP
Shell
Total Energy
Chevron
OQ
Maersk
GS Global
Koch Industries
Fortune Oil
Strong PetroChemical
ZhenHua Oil
PetroChina
Sinopec
MIN HAI GROUP
Sinochem
Please note: The report will take approximately 2 business days to prepare and deliver.