Global Oil Refining Market Outlook to 2028

Global Oil Refining Market Outlook to 2028

Market Research Reports | Q1 2024 | Report ID: BR0259

About the Report

The rising demand for refined products coupled with rapid industrialization, increasing disposable income and accessibility of refined products are some of the significant factors drive the growth of oil refining market.

 

Furthermore, growing demand for petrochemical feedstocks and industrial fuels will further complement the business growth.

 

The outbreak of the coronavirus had a considerable impact on downstream production economics. The oil-refining units were forced to shut down amidst nationwide lockdown.

 

With a current global refining capacity of around 100 million barrel per day, Asia-Pacific dominates the market with around 35% of global refining capacity. The growth in refining capacity is mainly driven by the demand of petro-products in a region and runs parallelly with the growth of human and vehicle population.

 

Asia’s outlook is strong for the long term, India holds the largest refinery in the globe in Jamnagar. China is one of the largest crude oil importers, China oil refining industry is projected to witness prominent growth on account of rising demand for petroleum product due to rapid industrialization.

 

In the long term, it is anticipated to observe an earlier peak in oil demand by the early 2030s. This is primarily due to a more bearish outlook for road transport demand due to growing penetration of electric vehicles.

 

Blackridge's Report provides insights into the current global and regional market demand scenario and its outlook. The study offers a detailed analysis of various factors instrumental in affecting the global oil refining market growth. 

 

The Report will also provide a perspective on various market opportunities and threats and a detailed analysis of the global oil refining market's competitive landscape. 

 

  Table of Contents

1. Executive Summary

2. Research Scope and Methodology

3. Market Analysis

  • 3.1 Introduction
  • 3.2 Market Dynamics
    • 3.2.1. Drivers
    • 3.2.2 Restraints
  • 3.3 Market Trends & Developments
  • 3.4 Analysis of Covid-19 Impact
  • 3.5 Market Opportunities
  • 3.6 Market Size and Forecast

4. Industry Analysis

  • 4.1 Supply Chain Analysis
  • 4.2 Porter’s Five Forces Analysis

5. Regional Market Analysis

  • 5.1 North America
  • 5.2 Europe
  • 5.3 Asia-Pacific
  • 5.4 South America
  • 5.5 Middle East & Africa

7. Key Company Profiles

  • 6.1 Exxon Mobil Corporation
  • 6.2 Royal Dutch Shell PLC
  • 6.3 Sinopec Corp.
  • 6.4 6.3.4 BP PLC
  • 6.5 Saudi Arabian Oil Co.
  • 6.6 Valero Energy Corporation
  • 6.7 Petroleos de Venezuela SA
  • 6.8 China National Petroleum Corporation
  • 6.9 Chevron Corporation
  • 6.10 Rosneft PAO
  • 6.11 Total SA

8. Competitive Landscape

  • 7.1 List of Notable Players in the Market
  • 7.2 M&A, JV, and Agreements
  • 7.3 Strategies of Key Players

8. Conclusions and Recommendations

List of Tables & Figures

Abbreviations

Additional Notes

Disclaimer

  This report helps to:-

  • Gain a deeper understanding of the impact of COVID 19, and oil & gas prices crash on the oil refining market
  • Equip yourself with rigorous analysis and forward-looking insight into the oil refining market across various regions
  • Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development
  • Assess market data and forecasts to understand how the demand evolve over the next 5 years
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players
  • Keep on top of M&A developments, JV’s and other agreements to assess the evolving competitive landscape and enhance your competitive position

  Who need this report?

  • Oil & Gas Companies
  • Equipment Manufacturers and Suppliers
  • Automobile Companies
  • Investors and Financing companies
  • EPC Companies
  • Government and Regulatory Organizations

  What's included

Report - Global Oil Refining Market Outlook to 2028.pdf
Market Data - Global Oil Refining Market Outlook to 2028.xls

  Why buy this report?

  • Gain a deeper understanding of the impact of Covid-19 on the <Global Oil Refining Market>.
  • Equip yourself with rigorous analysis and forward-looking insights into the <Global Oil Refining Market> across multiple regions.
  • Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development.
  • Assess market size data and forecasts to understand how the demand across various segments evolves over the next few years.
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities.
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players.
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position

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