Saudi Arabia Oil Refining Market Size- By Complexity Type, By Product Type, By Fuel Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Saudi Arabia Oil Refining Market Introduction and Overview
According to SPER Market Research, ‘Saudi Arabia Oil Refining Market Size- By Complexity Type, By Product Type, By Fuel Type, By Application, – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Saudi Arabia Oil Refining Market is estimated to reach USD 32.71 billion by 2033 with a CAGR of 4.91%.
The term “oil refining” refers to a group of chemical engineering procedures that convert crude oil into various fuel oils, liquefied petroleum gas, gasoline, kerosene, or diesel oil. These changes take place in facilities known as petroleum refineries. Numerous steps are involved in the changes. The refineries are enormous industrial complexes with a wide variety of facilities and subunits. Every refinery has a different layout and mix of refining procedures.
The worldwide oil demand declined significantly as a result of the COVID-19 pandemic, which had a major effect on Saudi Arabia’s oil refining business. The ensuing decline in oil prices put pressure on profit margins and caused major refining projects to be delayed. Disruptions in the supply chain also had an impact on the import of necessary refining machinery.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Complexity Type, By Product Type, By Fuel Type, By Application
Regions covered Central Region, Western Region, Eastern Region, Northern Region, Southern Region.
Companies Covered
Petro Rabigh, Petromin Corporation, SAMREF, SASREF, Saudi Aramco, Saudi Aramco Lubricating Oil Refining Company, Saudi Arabian Chevron Inc, SATORP, and Yasref, Others.
Saudi Arabia Oil Refining Market Segmentation
By Complexity Type: Based on the Complexity Type, Saudi Arabia Oil Refining Market is segmented as; Topping, Hydro Skimming, Conversion, Deep Conversion.
By Product Type:Based on the Product Type, Saudi Arabia Oil Refining Market is segmented as; Light Distillates, Middle Distillates, Fuel Oil, Others.
By Fuel Type: Based on the Fuel Type, Saudi Arabia Oil Refining Market is segmented as; Gasoline, Gasoil, Kerosene, LPG, Others.
By Application:Based on the Application, Saudi Arabia Oil Refining Market is segmented as; Transportation, Aviation, Marine Bunker, Petrochemical, Residential and Commercial, Agriculture, Others.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER’s internal database
- 2.1.4. Premium insight from KOL’s
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the Saudi Arabia Oil Refining Market.
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER’s Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Saudi Arabia Oil Refining Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Saudi Arabia Oil Refining Market
- 7. Saudi Arabia Oil Refining Market, By Complexity Type (USD Million) 2020-2033
- 7.1. Saudi Arabia Oil Refining Market Size, Share and Forecast, By Complexity Type, 2020-2026
- 7.2. Saudi Arabia Oil Refining Market Size, Share and Forecast, By Complexity Type, 2027-2033
- 7.3. Topping
- 7.4. Hydro Skimming
- 7.5. Conversion
- 7.6. Deep Conversion
- 8. Saudi Arabia Oil Refining Market, By Product Type (USD Million) 2020-2033
- 8.1. Saudi Arabia Oil Refining Market Size, Share and Forecast, By Product Type, 2020-2026
- 8.2. Saudi Arabia Oil Refining Market Size, Share and Forecast, By Product Type, 2027-2033
- 8.3. Light Distillates
- 8.4. Middle Distillates
- 8.5. Fuel Oil
- 8.6. Others
- 9. Saudi Arabia Oil Refining Market, By Fuel Type (USD Million) 2020-2033
- 9.1. Saudi Arabia Oil Refining Market Size, Share and Forecast, By Fuel Type, 2020-2026
- 9.2. Saudi Arabia Oil Refining Market Size, Share and Forecast, By Fuel Type, 2027-2033
- 9.3. Gasoline
- 9.4. Gasoil
- 9.5. Kerosene
- 9.6. LPG
- 9.7. Others
- 10. Saudi Arabia Oil Refining Market, By Application (USD Million) 2020-2033
- 10.1. Saudi Arabia Oil Refining Market Size, Share and Forecast, By Application, 2020-2026
- 10.2. Saudi Arabia Oil Refining Market Size, Share and Forecast, By Application, 2027-2033
- 10.3. Transportation
- 10.4. Aviation
- 10.5. Marine Bunker
- 10.6. Petrochemical
- 10.7. Residential and Commercial
- 10.8. Agriculture
- 10.9. Others
- 11. Saudi Arabia Oil Refining Market Forecast, 2020-2033 (USD Million)
- 11.1. Saudi Arabia Oil Refining Market Size and Market Share
- 12. Saudi Arabia Oil Refining Market, By Region, 2020-2033 (USD Million)
- 12.1. Saudi Arabia Oil Refining Market Size and Market Share By Region (2020-2026)
- 12.2. Saudi Arabia Oil Refining Market Size and Market Share By Region (2027-2033)
- 12.3. Central Region
- 12.4. Western Region
- 12.5. Eastern Region
- 12.6. Northern Region
- 12.7. Southern Region
- 13. Company Profile
- 13.1. PETRO RABIGH
- 13.1.1. Company details
- 13.1.2. Financial outlook
- 13.1.3. Product summary
- 13.1.4. Recent developments
- 13.2. PETROMIN CORPORATION
- 13.2.1. Company details
- 13.2.2. Financial outlook
- 13.2.3. Product summary
- 13.2.4. Recent developments
- 13.3. SAMREF
- 13.3.1. Company details
- 13.3.2. Financial outlook
- 13.3.3. Product summary
- 13.3.4. Recent developments
- 13.4. SASREF
- 13.4.1. Company details
- 13.4.2. Financial outlook
- 13.4.3. Product summary
- 13.4.4. Recent developments
- 13.5. SATORP
- 13.5.1. Company details
- 13.5.2. Financial outlook
- 13.5.3. Product summary
- 13.5.4. Recent developments
- 13.6. SAUDI ARABIA CHEVRON INC.
- 13.6.1. Company details
- 13.6.2. Financial outlook
- 13.6.3. Product summary
- 13.6.4. Recent developments
- 13.7. SAUDI ARAMCO
- 13.7.1. Company details
- 13.7.2. Financial outlook
- 13.7.3. Product summary
- 13.7.4. Recent developments
- 13.8. SAUDI ARAMCO LUBRICATING OIL REFINING COMPANY
- 13.8.1. Company details
- 13.8.2. Financial outlook
- 13.8.3. Product summary
- 13.8.4. Recent developments
- 13.9. YASREF
- 13.9.1. Company details
- 13.9.2. Financial outlook
- 13.9.3. Product summary
- 13.9.4. Recent developments
- 13.10. Others
- 14. Conclusion
- 15. List of Abbreviations
- 16. Reference Links
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