Oil Refining Market Research Report by Product, Fuel Type, Geography - Analysis, Industry Forecast - 2023-2027
| Published: Oct 2023 | Pages: 162 | SKU: IRTNTR75610 |
Oil Refining Market Forecast 2023-2027:
The oil refining market size is estimated to grow by USD 121.92 billion at a CAGR (Compound Annual Growth Rate) of 1.42% between 2022 and 2027. The growth of the market depends on several factors, such as the surging demand for refined fuel, the growing aviation industry, and the increased investments in the construction industry.
What will be the Size of the Market During the Forecast Period?
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Market Dynamics
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help Companies refine their marketing strategies to gain a competitive advantage.
Key Driver
One of the key factors driving the market growth is the surging demand for refined fuel. The global demand for refined petroleum products, such as gasoline, petrol, and diesel, is steadily increasing, primarily driven by the transportation and power generation sectors. Developing countries in Asia, including India and China, are expected to be major contributors to this demand due to the growing middle-class population and the rise in vehicle ownership. The International Energy Agency (IEA) reports a consistent global increase in oil demand since 2010.
Moreover, the downstream oil and gas Companies are focusing on expanding refineries to meet this demand. Projects like the Thoothukudi oil refinery complex in India and the Visakh Refinery Modernization Project (VRMP) aim to enhance refinery capacity. The construction of new refineries will drive the need for maintenance of equipment and machinery, thereby fueling growth in the market in the forecast period.
Key Trends
The adoption of modular mini refineries is a major market trends. Modular mini refineries are increasingly preferred by oil producers in remote areas, particularly in developing economies like Malaysia and the Philippines, due to their cost-effectiveness and flexibility. The evolution of the oil refining industry, driven by factors such as environmental regulations and energy security concerns, has influenced investment patterns, leading to the growth of modular mini refineries worldwide. These refineries are especially favored in regions where crude oil production is limited, resulting in high operational and transportation costs.
Countries in Africa, the Middle East, and Southeast Asia with modest refining capacity but high domestic demand for petroleum products find modular mini refineries to be a cost-effective solution. Their advantages include quick construction, low capital investments, and adaptability. Governments, such as Nigeria, have approved the establishment of modular mini refineries, presenting revenue opportunities for industry Companies in the market in the coming years.
Major Challenge
The costly and time-consuming nature of oil refinery maintenance operations is challenging market growth. The high costs and time-intensive nature of maintenance services pose significant challenges for oil refinery operators. Maintenance expenses rank among the largest cost components for refineries, with operators typically spending between USD 40 to USD 70 million annually. Additionally, refinery maintenance requires substantial time, leading to extended periods of downtime that adversely impact revenue generation.
Moreover, the combination of maintenance costs and reduced production activities negatively affects the financial performance of refinery operators. Consequently, many operators aim to minimize frequent and lengthy maintenance procedures. These factors will impede the market's growth in the projected period.
Customer Landscape
The market growth analysis report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help Companies evaluate and develop their growth strategies.
Customer Landscape
Who are the Major Oil Refining Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Bharat Petroleum Corp. Ltd.: The company offers oil refining such as Mumbai refinery, Kochi refinery, and Bina refinery.
The market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
- Alexandria Petroleum Co.
- BP Plc
- Chevron Corp.
- China Petrochemical Corp.
- Essar Global Fund Ltd.
- Exxon Mobil Corp.
- Gazprom Nedra LLC
- Hindustan Petroleum Corp. Ltd.
- Marathon Petroleum Corp.
- Oil and Natural Gas Corp. Ltd.
- Reliance Industries Ltd.
- Saudi Arabian Oil Co.
- Shell plc.
- CTCI Corp.
Qualitative and quantitative analysis of Companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize Companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize Companies as dominant, leading, strong, tentative, and weak.
Market Segmentation
The light distillates segment is estimated to witness significant growth during the forecast period. The dominant position in the market was held by the light distillates segment in 2022, primarily attributed to the surging demand for gasoline in the transportation sector, whcih will increase the market growth during the forecast period.
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The light distillates segment was the largest segment and was valued at USD 646.78 billion in 2017. Gasoline, also known as petrol, serves as the most widely used fuel for automobile engines and falls under the category of light petroleum distillates. Light crude oil possesses higher concentrations of hydrocarbons and is generally more valuable and easier to refine compared to heavier counterparts. It necessitates less processing while yielding a higher proportion of gasoline and diesel relative to heavy crude oil. Consequently, there exists a significant demand for light distillates within the transportation industry.
Furthermore, alongside the rapid industrialization observed across developing nations, the increasing urbanization trends have further fueled the need for gasoline and vehicles powered by petrol. This, in turn, is expected to propel the growth of the light distillates segment within the market throughout the forecast period.
Regional Analysis
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APAC is estimated to contribute 31% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Investments in petroleum refineries in this region are spurred by the shale gas boom, particularly in the US, where natural gas serves as a cost-effective feedstock for ethylene production. The surging consumption and export of oil and petroleum products in the US have prompted significant investments in oil refineries across the country. To meet the escalating energy demand driven by population growth, economic expansion, and industrialization, petroleum refineries in North America have been prioritizing capacity expansion.
However, this mounting energy demand places considerable pressure on refinery operators, compelling them to enhance production capabilities in existing refineries and establish new ones. The US, in particular, boasts a substantial number of petroleum refineries, with over 80% of them being more than 80 years old. Consequently, regular maintenance of equipment and machinery is crucial to ensure optimal and safe refinery operations. The establishment of new refineries in the region is expected to drive the demand for maintenance services, thereby fueling the growth of the North American market in the forecast period.
Market Analyst Overview
Downstream infrastructure and refineries play pivotal roles in processing crude oil into refined petroleum products, meeting the demand from the transportation sector, including cars, trucks, airplanes, ships, and trains. Environmental concerns and regulations drive refineries towards efficiency improvements and capacity expansions, particularly in the Asia-Pacific region, led by China and India.
The International Organization of Motor Vehicle Manufacturers influences vehicle production, affecting fuel demand. Energy security concerns prompt governments like Nigeria to invest in refineries, exemplified by initiatives like Petrol Integrated International (GII), ensuring self-reliance as an oil importer and bolstering petroleum product availability.
Segment Overview
The market forecasting report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
- Product Outlook (USD Billion, 2017 - 2027)
- Light distillates
- Middle distillates
- Fuel oil
- Others
- Fuel Type Outlook (USD Billion, 2017 - 2027)
- Gasoline
- Kerosene
- LPG
- Others
- Region Outlook (USD Billion, 2017 - 2027)
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- South America
- Chile
- Argentina
- Brazil
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
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Oil Refining Market Scope |
|
|
Market Report Coverage |
Details |
|
Page number |
162 |
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Base year |
2022 |
|
Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 1.42% |
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Market growth 2023-2027 |
USD 121.92 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
1.2 |
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Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 31% |
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Key countries |
US, China, India, South Korea, and Russia |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key Companies profiled |
Abu Dhabi National Oil Co., Alexandria Petroleum Co., Bharat Petroleum Corp. Ltd., BP Plc, Chevron Corp., China Petrochemical Corp., Essar Global Fund Ltd., Exxon Mobil Corp., Gazprom Nedra LLC, Hindustan Petroleum Corp. Ltd., Indian Oil Corp. Ltd., Kuwait Petroleum Corp., Marathon Petroleum Corp., Oil and Natural Gas Corp. Ltd., PJSC LUKOIL, Reliance Industries Ltd., Saudi Arabian Oil Co., Shell plc, Valero Energy Corp., and CTCI Corp. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Market Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the market between 2023 and 2027
- Precise estimation of the market size and its contribution to the market focus to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the market across Europe, North America, APAC, South America, and Middle East and Africa
- Thorough analysis of the market’s competitive landscape and detailed information about Companies
- Comprehensive analysis of factors that will challenge the growth of market Companies
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Fuel Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global oil refining market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global oil refining market 2017 - 2021 ($ billion)
- 4.2 Product Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ billion)
- 4.3 Fuel type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Fuel type Segment 2017 - 2021 ($ billion)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
- 6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product
- 6.3 Light distillates - Market size and forecast 2022-2027
- Exhibit 34: Chart on Light distillates - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on Light distillates - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on Light distillates - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Light distillates - Year-over-year growth 2022-2027 (%)
- 6.4 Middle distillates - Market size and forecast 2022-2027
- Exhibit 38: Chart on Middle distillates - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Middle distillates - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Middle distillates - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Middle distillates - Year-over-year growth 2022-2027 (%)
- 6.5 Fuel oil - Market size and forecast 2022-2027
- Exhibit 42: Chart on Fuel oil - Market size and forecast 2022-2027 ($ billion)
- Exhibit 43: Data Table on Fuel oil - Market size and forecast 2022-2027 ($ billion)
- Exhibit 44: Chart on Fuel oil - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Fuel oil - Year-over-year growth 2022-2027 (%)
- 6.6 Others - Market size and forecast 2022-2027
- Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 6.7 Market opportunity by Product
- Exhibit 50: Market opportunity by Product ($ billion)
- Exhibit 51: Data Table on Market opportunity by Product ($ billion)
7 Market Segmentation by Fuel Type
- 7.1 Market segments
- Exhibit 52: Chart on Fuel Type - Market share 2022-2027 (%)
- Exhibit 53: Data Table on Fuel Type - Market share 2022-2027 (%)
- 7.2 Comparison by Fuel Type
- Exhibit 54: Chart on Comparison by Fuel Type
- Exhibit 55: Data Table on Comparison by Fuel Type
- 7.3 Gasoline - Market size and forecast 2022-2027
- Exhibit 56: Chart on Gasoline - Market size and forecast 2022-2027 ($ billion)
- Exhibit 57: Data Table on Gasoline - Market size and forecast 2022-2027 ($ billion)
- Exhibit 58: Chart on Gasoline - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Gasoline - Year-over-year growth 2022-2027 (%)
- 7.4 Kerosene - Market size and forecast 2022-2027
- Exhibit 60: Chart on Kerosene - Market size and forecast 2022-2027 ($ billion)
- Exhibit 61: Data Table on Kerosene - Market size and forecast 2022-2027 ($ billion)
- Exhibit 62: Chart on Kerosene - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Kerosene - Year-over-year growth 2022-2027 (%)
- 7.5 LPG - Market size and forecast 2022-2027
- Exhibit 64: Chart on LPG - Market size and forecast 2022-2027 ($ billion)
- Exhibit 65: Data Table on LPG - Market size and forecast 2022-2027 ($ billion)
- Exhibit 66: Chart on LPG - Year-over-year growth 2022-2027 (%)
- Exhibit 67: Data Table on LPG - Year-over-year growth 2022-2027 (%)
- 7.6 Others - Market size and forecast 2022-2027
- Exhibit 68: Chart on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 7.7 Market opportunity by Fuel Type
- Exhibit 72: Market opportunity by Fuel Type ($ billion)
- Exhibit 73: Data Table on Market opportunity by Fuel Type ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 75: Chart on Market share by geography 2022-2027 (%)
- Exhibit 76: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 77: Chart on Geographic comparison
- Exhibit 78: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 87: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 88: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 89: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market size and forecast 2022-2027
- Exhibit 95: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 96: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 97: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 Russia - Market size and forecast 2022-2027
- Exhibit 107: Chart on Russia - Market size and forecast 2022-2027 ($ billion)
- Exhibit 108: Data Table on Russia - Market size and forecast 2022-2027 ($ billion)
- Exhibit 109: Chart on Russia - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on Russia - Year-over-year growth 2022-2027 (%)
- 9.11 India - Market size and forecast 2022-2027
- Exhibit 111: Chart on India - Market size and forecast 2022-2027 ($ billion)
- Exhibit 112: Data Table on India - Market size and forecast 2022-2027 ($ billion)
- Exhibit 113: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 114: Data Table on India - Year-over-year growth 2022-2027 (%)
- 9.12 South Korea - Market size and forecast 2022-2027
- Exhibit 115: Chart on South Korea - Market size and forecast 2022-2027 ($ billion)
- Exhibit 116: Data Table on South Korea - Market size and forecast 2022-2027 ($ billion)
- Exhibit 117: Chart on South Korea - Year-over-year growth 2022-2027 (%)
- Exhibit 118: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 119: Market opportunity by geography ($ billion)
- Exhibit 120: Data Tables on Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 121: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 123: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 124: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 125: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 126: Matrix on vendor position and classification
- 12.3 Alexandria Petroleum Co.
- Exhibit 127: Alexandria Petroleum Co. - Overview
- Exhibit 128: Alexandria Petroleum Co. - Product / Service
- Exhibit 129: Alexandria Petroleum Co. - Key offerings
- 12.4 Bharat Petroleum Corp. Ltd.
- Exhibit 130: Bharat Petroleum Corp. Ltd. - Overview
- Exhibit 131: Bharat Petroleum Corp. Ltd. - Product / Service
- Exhibit 132: Bharat Petroleum Corp. Ltd. - Key offerings
- 12.5 BP Plc
- Exhibit 133: BP Plc - Overview
- Exhibit 134: BP Plc - Business segments
- Exhibit 135: BP Plc - Key news
- Exhibit 136: BP Plc - Key offerings
- Exhibit 137: BP Plc - Segment focus
- 12.6 Chevron Corp.
- Exhibit 138: Chevron Corp. - Overview
- Exhibit 139: Chevron Corp. - Business segments
- Exhibit 140: Chevron Corp. - Key news
- Exhibit 141: Chevron Corp. - Key offerings
- Exhibit 142: Chevron Corp. - Segment focus
- 12.7 China Petrochemical Corp.
- Exhibit 143: China Petrochemical Corp. - Overview
- Exhibit 144: China Petrochemical Corp. - Business segments
- Exhibit 145: China Petrochemical Corp. - Key offerings
- Exhibit 146: China Petrochemical Corp. - Segment focus
- 12.8 Exxon Mobil Corp.
- Exhibit 147: Exxon Mobil Corp. - Overview
- Exhibit 148: Exxon Mobil Corp. - Business segments
- Exhibit 149: Exxon Mobil Corp. - Key offerings
- Exhibit 150: Exxon Mobil Corp. - Segment focus
- 12.9 Hindustan Petroleum Corp. Ltd.
- Exhibit 151: Hindustan Petroleum Corp. Ltd. - Overview
- Exhibit 152: Hindustan Petroleum Corp. Ltd. - Business segments
- Exhibit 153: Hindustan Petroleum Corp. Ltd. - Key offerings
- Exhibit 154: Hindustan Petroleum Corp. Ltd. - Segment focus
- 12.10 Indian Oil Corp. Ltd.
- Exhibit 155: Indian Oil Corp. Ltd. - Overview
- Exhibit 156: Indian Oil Corp. Ltd. - Business segments
- Exhibit 157: Indian Oil Corp. Ltd. - Key offerings
- Exhibit 158: Indian Oil Corp. Ltd. - Segment focus
- 12.11 Kuwait Petroleum Corp.
- Exhibit 159: Kuwait Petroleum Corp. - Overview
- Exhibit 160: Kuwait Petroleum Corp. - Product / Service
- Exhibit 161: Kuwait Petroleum Corp. - Key offerings
- 12.12 Marathon Petroleum Corp.
- Exhibit 162: Marathon Petroleum Corp. - Overview
- Exhibit 163: Marathon Petroleum Corp. - Business segments
- Exhibit 164: Marathon Petroleum Corp. - Key offerings
- Exhibit 165: Marathon Petroleum Corp. - Segment focus
- 12.13 Oil and Natural Gas Corp. Ltd.
- Exhibit 166: Oil and Natural Gas Corp. Ltd. - Overview
- Exhibit 167: Oil and Natural Gas Corp. Ltd. - Business segments
- Exhibit 168: Oil and Natural Gas Corp. Ltd. - Key offerings
- Exhibit 169: Oil and Natural Gas Corp. Ltd. - Segment focus
- 12.14 PJSC LUKOIL
- Exhibit 170: PJSC LUKOIL - Overview
- Exhibit 171: PJSC LUKOIL - Business segments
- Exhibit 172: PJSC LUKOIL - Key news
- Exhibit 173: PJSC LUKOIL - Key offerings
- Exhibit 174: PJSC LUKOIL - Segment focus
- 12.15 Reliance Industries Ltd.
- Exhibit 175: Reliance Industries Ltd. - Overview
- Exhibit 176: Reliance Industries Ltd. - Business segments
- Exhibit 177: Reliance Industries Ltd. - Key news
- Exhibit 178: Reliance Industries Ltd. - Key offerings
- Exhibit 179: Reliance Industries Ltd. - Segment focus
- 12.16 Saudi Arabian Oil Co.
- Exhibit 180: Saudi Arabian Oil Co. - Overview
- Exhibit 181: Saudi Arabian Oil Co. - Product / Service
- Exhibit 182: Saudi Arabian Oil Co. - Key offerings
- 12.17 Shell plc
- Exhibit 183: Shell plc - Overview
- Exhibit 184: Shell plc - Business segments
- Exhibit 185: Shell plc - Key offerings
- Exhibit 186: Shell plc - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 187: Inclusions checklist
- Exhibit 188: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 189: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 190: Research methodology
- Exhibit 191: Validation techniques employed for market sizing
- Exhibit 192: Information sources
- 13.5 List of abbreviations
- Exhibit 193: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
oil refining market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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