Oil Refining Market 2024-2028
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overview_1
Incremental Growth2024-2028 (US$bn)

$ 106.6

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2024 Year-over-Year Growth

1.21%

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CAGR (2024-2028)

1.23%

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Report Coverage

Global

Oil Refining Market Segmentation

Market Segmentation & Scope
Product
Light distillates Middle distillates Fuel oil Others
Fuel Type
Gasoline Kerosene LPG

Geography

Europe

UK France Germany

APAC

China India Japan South Korea

North America

US Canada

South America

Brazil

Middle East and Africa

UAE

Market Segment by Geographic Landscape

regional_img

37%

of the growth will originate

from APAC

Global Market Size 2018 - 2028 (US$ Bn)

Market is segmented by Product into Light distillates, Middle distillates, Fuel oil, Others

The Light distillates is expected to be largest growing segment during 2024-2028

Largest Segment - Light distillates

US$ 3,268.40 Bn

Oil Refining Market by Product into Light distillates; 2018-2028 (US$ Bn)

Light distillates Market Revenue and Forecast 2018-2028 (US$ Bn)

Light distillates

  • Light distillates Market Size and Forecast 2018 to 2028 (US$ Bn)

Oil Refining Market by Product into Middle distillates; 2018-2028 (US$ Bn)

Middle distillates Market Revenue and Forecast 2018-2028 (US$ Bn)

Middle distillates

  • Middle distillates Market Size and Forecast 2018 to 2028 (US$ Bn)

Oil Refining Market by Product into Fuel oil; 2018-2028 (US$ Bn)

Fuel oil Market Revenue and Forecast 2018-2028 (US$ Bn)

Fuel oil

  • Fuel oil Market Size and Forecast 2018 to 2028 (US$ Bn)

Oil Refining Market by Product into Others; 2018-2028 (US$ Bn)

Others Market Revenue and Forecast 2018-2028 (US$ Bn)

Others

  • Others Market Size and Forecast 2018 to 2028 (US$ Bn)

Market is segmented by Fuel Type into Gasoline, Kerosene, LPG

The Gasoline is expected to be largest growing segment during 2024-2028

Largest Segment - Gasoline

US$ 2,581.30 Bn

Oil Refining Market Size by Segmentation, by Fuel Type (US$ Bn)

Fuel Type 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
Gasoline 520.50 XX XX XX XX XX XX XX XX XX XX XX
Kerosene XX 460.50 XX XX XX XX XX XX XX XX XX XX
LPG XX XX XX XX XX XX XX XX XX XX XX XX

Oil Refining Market by Fuel Type into Gasoline; 2018-2028 (US$ Bn)

Gasoline Market Revenue and Forecast 2018-2028 (US$ Bn)

Gasoline

  • Gasoline Market Size and Forecast 2018 to 2028 (US$ Bn)

Oil Refining Market by Fuel Type into Kerosene; 2018-2028 (US$ Bn)

Kerosene Market Revenue and Forecast 2018-2028 (US$ Bn)

Kerosene

  • Kerosene Market Size and Forecast 2018 to 2028 (US$ Bn)

Oil Refining Market by Fuel Type into LPG; 2018-2028 (US$ Bn)

LPG Market Revenue and Forecast 2018-2028 (US$ Bn)

LPG

  • LPG Market Size and Forecast 2018 to 2028 (US$ Bn)

Market is segmented by Geography into North America, Europe, APAC, Middle East and Africa, South America

The APAC is estimated to contribute 37% to the growth of global market during the forecast period 2024-2028.

Largest Segment - APAC

37%

Regional share of different regions, including North America, Europe, APAC, Middle East and Africa

Region 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
North America 504.90 XX XX XX XX XX XX XX XX XX XX XX
Europe XX 458.90 XX XX XX XX XX XX XX XX XX XX
APAC XX XX 363.00 XX XX XX XX XX XX XX XX XX
Middle East and Africa XX XX XX 200.90 203.90 XX XX XX XX XX XX XX
South America XX XX XX XX XX XX XX XX XX XX XX XX

Oil Refining Market Size by Geography into North America; 2018-2028 (US$ Bn)

North America Market Revenue and Forecast 2018-2028 (US$ Bn)

Oil Refining Market Size by Country into US; 2018-2028 (US$ Bn)

US Market Revenue and Forecast 2018-2028 (US$ Bn)

Oil Refining Market Size by Geography into Europe; 2018-2028 (US$ Bn)

Europe Market Revenue and Forecast 2018-2028 (US$ Bn)

Oil Refining Market Size by Geography into APAC; 2018-2028 (US$ Bn)

APAC Market Revenue and Forecast 2018-2028 (US$ Bn)

Oil Refining Market Size by Country into China; 2018-2028 (US$ Bn)

China Market Revenue and Forecast 2018-2028 (US$ Bn)

Oil Refining Market Size by Country into India; 2018-2028 (US$ Bn)

India Market Revenue and Forecast 2018-2028 (US$ Bn)

Oil Refining Market Size by Country into South Korea; 2018-2028 (US$ Bn)

South Korea Market Revenue and Forecast 2018-2028 (US$ Bn)

Oil Refining Market Size by Geography into Middle East and Africa; 2018-2028 (US$ Bn)

Middle East and Africa Market Revenue and Forecast 2018-2028 (US$ Bn)

Oil Refining Market Size by Geography into South America; 2018-2028 (US$ Bn)

South America Market Revenue and Forecast 2018-2028 (US$ Bn)

Major Companies

Market Companies

Name Profile Employees Headquarters Website
Abu Dhabi National Oil Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Alexandria Petroleum Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Bharat Petroleum Corp. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
BP PlcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Chevron Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
China Petrochemical Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
CTCI Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
EssarView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Exxon Mobil Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Gazprom Nedra LLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hindustan Petroleum Corp. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Indian Oil Corp. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Kuwait Petroleum Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Marathon Petroleum Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Oil and Natural Gas Corp. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
PJSC LUKOILView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Reliance Industries Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Saudi Arabian Oil Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Shell plcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Valero Energy Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com

Oil Refining Market Scope

  1. By Product
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By Product, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Product, 2024 to 2028
      1. Light distillates
      2. Middle distillates
      3. Fuel oil
      4. Others
    4. Y-o-Y Growth Trend Analysis By Product, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Product, 2024 to 2028
  2. By Fuel Type
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By Fuel Type, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Fuel Type, 2024 to 2028
      1. Gasoline
      2. Kerosene
      3. LPG
      4. Others
    4. Y-o-Y Growth Trend Analysis By Fuel Type, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Fuel Type, 2024 to 2028
  3. By Region
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By Region, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Region, 2024 to 2028
      1. North America
      2. Europe
      3. APAC
      4. Middle East and Africa
      5. South America
  4. North America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. US
    4. By Product
    5. By Fuel Type
  5. Europe Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Product
    4. By Fuel Type
  6. APAC Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. China
      2. India
      3. South Korea
    4. By Product
    5. By Fuel Type
  7. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Product
    4. By Fuel Type
  8. South America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Product
    4. By Fuel Type

Major Companies

Market companies

Name Profile Employees Headquarters Website
Abu Dhabi National Oil Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Alexandria Petroleum Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Bharat Petroleum Corp. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
BP PlcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Chevron Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
China Petrochemical Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
CTCI Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
EssarView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Exxon Mobil Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Gazprom Nedra LLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hindustan Petroleum Corp. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Indian Oil Corp. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Kuwait Petroleum Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Marathon Petroleum Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Oil and Natural Gas Corp. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
PJSC LUKOILView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Reliance Industries Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Saudi Arabian Oil Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Shell plcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Valero Energy Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
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