The Business Research Company’s Refined Petroleum Products Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Refined Petroleum Products Global Market Report 2023 evaluates refined petroleum products market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global refined petroleum market is expected to grow to $3,120.30 billion in 2027 at a rate of 4.4%. The market is then expected to grow at a CAGR of 4.0% from 2027 and reach $3,795.85 billion in 2032.
Growing demand for crude oil and gas is expected to contribute to the growth of the refined petroleum products market during the forecast period. Refineries produce high-value products such as gasoline, diesel fuel, and jet fuel from light crude oil with simple distillation. For example, according to the India Brand Equity Foundation, an India-based resource center, crude oil consumption is expected to grow at a CAGR of 5.14% to 500 million tons by FY40 from 202.7 million tons in FY22. Natural gas consumption is forecast to increase at a CAGR of 12.2% to 550 MCMPD (million cubic meters per day) by 2030 from 174 MCMPD in 2021. Therefore, growing demand of crude oil and gas is expected to positively impact the growth of the refined petroleum products market during the forecast period.
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The refined petroleum products market segments in the report are:
1) By Type: Diesel; Gasoline; Fuel Oil; Kerosene; Other Refined Petroleum Products
2) By Fraction: Light Distillates; Middle Distillates; Heavy Oils
3) By Refinery Type: Integrated Refined Petroleum Refineries; Non-Integrated Refined Petroleum Refineries
4) By Application: Fuel; Chemicals; Other Applications”
The table of contents in TBRC’s refined petroleum products market report includes:
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
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16. Western Europe Market
17. Eastern Europe Market
18. North America Market
19. South America Market
20. Middle East Market
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