Global Vacuum Gas Oil(VGO) Market Growth 2025-2031

Global Vacuum Gas Oil（VGO） Market Growth 2025-2031

The global Vacuum Gas Oil（VGO） market size is predicted to grow from US$ 2222 million in 2025 to US$ 3118 million in 2031; it is expected to grow at a CAGR of 5.8% from 2025 to 2031.

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.

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%.

LP Information, Inc. (LPI) ' newest research report, the “Vacuum Gas Oil（VGO） Industry Forecast” looks at past sales and reviews total world Vacuum Gas Oil（VGO） sales in 2024, providing a comprehensive analysis by region and market sector of projected Vacuum Gas Oil（VGO） sales for 2025 through 2031. With Vacuum Gas Oil（VGO） sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vacuum Gas Oil（VGO） industry.

This Insight Report provides a comprehensive analysis of the global Vacuum Gas Oil（VGO） landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vacuum Gas Oil（VGO） portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vacuum Gas Oil（VGO） market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vacuum Gas Oil（VGO） 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 Vacuum Gas Oil（VGO）.

This report presents a comprehensive overview, market shares, and growth opportunities of Vacuum Gas Oil（VGO） market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Heavy Vacuum Gas Oil (HVGO)
Light Vacuum Gas Oil (LVGO)

Segmentation by Application:
Gasoline Production
Diesel / Kerosene Production

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 analysing the company's coverage, product portfolio, its market penetration.
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)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Vacuum Gas Oil（VGO） market?

What factors are driving Vacuum Gas Oil（VGO） market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Vacuum Gas Oil（VGO） market opportunities vary by end market size?

How does Vacuum Gas Oil（VGO） break out by Type, by Application?