The Oil Refinery Market Report 2022-2032: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Growing Demand For Petroleum Products
The product demand in each region has an impact on refinery configuration as well. Propane, butane, petrochemical feedstock, gasolines (naphtha specialities, aviation gasoline, motor gasoline), distillates (jet fuels, diesel, stove oil, kerosene, furnace oil), heavy fuel oil, lubricating oils, waxes, asphalt, and still gas are just a few of the goods that refineries create. Gasoline contributes for over 40% of demand nationwide, with distillate fuels accounting for nearly a third of sales and heavy fuel oil accounting for barely 8%.
The demand for petroleum products is approximately evenly split among the regions, with Atlantic/Quebec, Ontario, and the West accounting for almost one-third of total sales each. The product mix, on the other hand, varies a lot between locations. Distillate fuels account for 40% of product demand in the Atlantic provinces, where furnace oil (light heating oil) is the predominant source of home heating, and heavy fuel oil (used to generate power) accounts for another 24%. Gasoline sales make up less than 30% of total product demand.
Raw Material Price Volatility And Rapidly Depleting Crude Oil
Refined petroleum products, chemicals and chemical products, coke, and intermediate goods were among the industries that were heavily impacted. Many businesses rely on crude oil as a direct source of raw materials: the chemical sector employs naphtha, kerosene, and other products whose costs are directly affected by changes in crude oil prices, therefore as crude oil prices rise, production in these industries decreases. Plastics and synthetic rubber are made largely from crude oil constituents. Materials suppliers are struggling to make a profit, while tier suppliers and OEMs are stuck between raising prices and experiencing cost hikes. Given that raw materials can account for up to 70% of a company’s expenses, variations in raw material input costs must be taken into account.
What Are These Questions You Should Ask Before Buying A Market Research Report?
- How is the oil refinery market evolving?
- What is driving and restraining the oil refinery market?
- How will each oil refinery submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2032?
- How will the market shares for each oil refinery submarket develop from 2022 to 2032?
- What will be the main driver for the overall market from 2022 to 2032?
- Will leading oil refinery markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2032 and which geographical region will lead the market in 2032?
- Who are the leading players and what are their prospects over the forecast period?
- What are the oil refinery projects for these leading companies?
- How will the industry evolve during the period between 2020 and 2032? What are the implication of oil refinery projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the oil refinery market?
- Where is the oil refinery market heading? And how can you ensure you are at the forefront of the market?
- What can be the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path? C-suite?
You need to discover how this will impact the oil refinery market today, and over the next 10 years:
- Our 550+ page report provides 324 tables and 320 charts/graphs exclusively to you.
- The report highlights key lucrative areas in the industry so you can target them – NOW.
- Contains in-depth analyse of global, regional and national sales and growth
- Highlights for you the key successful trends, changes and revenue projections made by your competitors
This report tells you TODAY how the oil refinery market will develop in the next 10 years, and in-line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
Forecasts to 2032 and other analyses reveal the commercial prospects
- In addition to revenue forecasting to 2032, our new study provides you with recent results, growth rates, and market shares.
- You find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising oil refinery prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, V, L, W and U are discussed in this report.
Global Oil Refinery Market (COVID Impact Analysis) by Investment
Global Oil Refinery Market (COVID Impact Analysis) by Processing Unit
- Crude Oil Distillation Unit (CDU)
- Vacuum Distillation Unit (VDU)
- Diesel Hydrotreating Unit (DHT)
- Semi-regenerative Reforming (SRR)
- Fluid Catalytic Cracking Unit (FCC)
- Sulfur Recovery Unit (SRU)
Global Oil Refinery Market (COVID Impact Analysis) by Type
- Topping Oil Refinery
- Hydro-skimming Oil Refinery
- Conversion Oil Refineries
- Deep Conversion Refineries
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for 4 regional and 20 leading national markets:
North America Oil Refinery Market, 2022 to 2032 Market Outlook
- U.S. Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis
- Canada Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis
- Mexico Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis
Europe Oil Refinery Market, 2022 to 2032 Market Outlook
- Russia Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis
- Norway Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis
- United Kingdom Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis
- Demark Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis
- Italy Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis
- Rest of Europe Market Forecast & COVID Impact Analysis
Asia Pacific Oil Refinery Market, 2022 to 2032 Market Outlook
- China Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis
- Indonesia Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis
- India Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis
- Australia Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis
- Malaysia Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis
- Rest of Asia Pacific Market Forecast & COVID Impact Analysis
LAMEA Oil Refinery Market, 2022 to 2032 Market Outlook
- Brazil Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis
- Iran Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis
- Saudi Arabia Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis
- South Africa Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis
- Iraq Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis
- Rest of Latin America, Middle East and Africa
The report also includes profiles and for some of the leading companies in the Oil Refinery Market, 2022 to 2032, with a focus on this segment of these companies’ operations.
Leading companies and the potential for market growth
- Bharat Petroleum Corporation Limited
- BP Plc
- Chevron Corporation
- China Petroleum & Chemical Corp
- Eneos Holdings Inc
- Exxon Mobil Corporation
- Fluor Corporation
- Gazprom PAO
- Hindustan Petroleum Corporation Limited
- Indian Oil Corporation Limited
- Marathon Petroleum Corporation
- PBF Energy Inc.
- Phillips 66
- PJSC Rosneft Oil Company
- Reliance Industries Limited
- Royal Dutch Shell Plc
- S-Oil Corporation
- Saudi Arabian Oil Co
- TotalEnergies SE
- Valero Energy Corporation (Valero)
Overall world revenue for Oil Refinery Market, 2022 to 2032 in terms of value the market will surpass US$xx billion in 2022, our work calculates. We predict strong revenue growth through to 2032. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How the Oil Refinery Market, 2022 to 2032 Market report helps you?
In summary, our 550+ page report provides you with the following knowledge:
- Revenue forecasts to 2032 for Oil Refinery Market, 2022 to 2032 Market, with forecasts for each forecasted at a global and regional level– discover the industry’s prospects, finding the most lucrative places for investments and revenues
- Revenue forecasts to 2032 for 4 regional and 20 key national markets – See forecasts for the Oil Refinery Market, 2022 to 2032 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Mexico, Russia, Norway, UK, Italy, China, India, Indonesia, and Malaysia among other prominent economies.
- Prospects for established firms and those seeking to enter the market– including company profiles for 20 of the major companies involved in the Oil Refinery Market, 2022 to 2032 Market.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.
Information found nowhere else
With our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the Oil Refinery Market, 2022 to 2032 Market and leading companies. You will find data, trends and predictions.
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