Global Oil Refining - Market
Global Oil Refining - Market

Oil Refining - Comprehensive Study by Type (Topping Oil Refinery, Hydro-skimming Oil Refinery, Conversion Oil Refineries, Deep Conversion Refineries) Players and Region - Global Market Outlook to 2027

Oil Refining - Market Segmented into XX Submarkets. | Forecast Years: 2022- 2027  

Jun 2022 Edition 246 Pages 56 Tables & Figures
  • Summary
  • Market Segments
  • Table of Content
  • List of Tables & Figures
  • Companies Mentioned
What is Oil Refining - Market Scope?
An oil refinery is an industrial plant that refines crude oil into petroleum products such as diesel, gasoline, and heating oils. The process of oil refining consists of several processing units such as distillation, cracking, coking, reforming, and posttreatment and refining of the products. Government focus to reduce the environmental impact of oil- and gas-derived fuels by removing harmful pollutants and improving their reliability during combustion is the major factor driving the global market growth. As per the study, the United States is the largest oil refiner in the world with the capacity to produce around 19 million barrels of oil per day.

AttributesDetails
Study Period2017-2027
Base Year2021
Forecast Period2022-2027
Historical Period2017-2021
UnitValue (USD Million)
Customization ScopeAvail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility


The Oil Refining - market study is being classified by Type (Topping Oil Refinery, Hydro-skimming Oil Refinery, Conversion Oil Refineries and Deep Conversion Refineries), by Application () and major geographies with country level break-up.

Global Oil Refining is a fragmented market due to the presence of various players. The players are focusing on investing more in launching products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.

Reliance Industries Limited (India), SK Energy (South Korea), PDVSA (Venezuela), GS Caltex (South Korea), ExxonMobil (United States), Motiva Enterprises (United States), Saudi Aramco (Saudi Arabia), Marathon Petroleum (United States) and S-Oil (South Korea) are some of the key players profiled in the study.

Segmentation Analysis
Analyst at AMA have segmented the market study of Global Oil Refining - market by Type, Application and Region.

On the basis of geography, the market of Oil Refining - has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

Market Influencers and their development strategies
On 12th January 2022, Aramco expanded its global downstream presence with investments in Poland’s refining, wholesale, and jet fuel marketing segments. The company acquire equity stakes of 30% in a 210,000 barrels per day refinery in Gdansk, 100% in an associated wholesale business, and 50% in a jet fuel marketing joint venture with BP. The acquisitions will support the diversification of Aramco’s product portfolio across the hydrocarbon value chain such as a focus on liquids-to-chemicals pathways.
On 18th October 2021, GS Caltex launch its flagship lubricant brand Kixx in Africa. The launch will help to expand GS Caltex's marketing activities in Africa through its subsidiary GS Caltex India Pvt Ltd (GSIPL). GS Caltex aims to replicate its international success by seeking new opportunities in a new continent.
Any licence or permission granted or issued under the Petroleum Development Act 1974 and any regulations made thereunder shall continue to be in force until superseded, revoked or otherwise terminated and the provisions of these Regulations shall apply to such licence or permission: Provided that any such licence or permission which is expressed to remain in force for a definite period shall not remain in force after the expiration of that period unless it should be renewed in accordance with the Petroleum Development Act 1974 and these Regulations, as the case may be.

Influencing Market Trend
  • Evolving Technology and New Sources of the Crude Oil
  • Strategic Consolidation of the Size, Number, and Ownership of Facilities and Companies

Market Drivers
  • Growing Demand for Petroleum Products in Transportation Industry
  • Product Demand, Crude Supply, Environmental Regulations, and New Technology Development are the major Factors that Drive the Market

Opportunities
  • High Government Investment in Construction of New Oil Refineries
  • Rapidly Growing Demand for Distillate Fuels over the Globe

Restraints
  • Concerns Related to the Crude Oil Price Volatility and Stringent Government Emission Regulations

Challenges
  • Changes In Business Model And Integrating Low-Carbon Assets In Oil Refining Company’s Portfolio
  • Need for More Flexible and Versatile Refinery


Key Target Audience
Oil Refining Manufacturers, Oil Refining Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others

Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.

To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.

Frequently Asked Questions (FAQ):

1. Who are the prominent players of the Global Oil Refining - market?
The prominent players of Global Oil Refining - market are Reliance Industries Limited (India), SK Energy (South Korea), PDVSA (Venezuela), GS Caltex (South Korea), ExxonMobil (United States), Motiva Enterprises (United States), Saudi Aramco (Saudi Arabia), Marathon Petroleum (United States) and S-Oil (South Korea), to view complete player list click here

2. What are the top priorities to focus for Oil Refining - market’s growth?
In this highly competitive & fast evolving Oil Refining - industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.

Report Objectives / Segmentation Covered
By Type
  • Topping Oil Refinery
  • Hydro-skimming Oil Refinery
  • Conversion Oil Refineries
  • Deep Conversion Refineries
By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Growing Demand for Petroleum Products in Transportation Industry
      • 3.2.2. Product Demand, Crude Supply, Environmental Regulations, and New Technology Development are the major Factors that Drive the Market
    • 3.3. Market Challenges
      • 3.3.1. Changes In Business Model And Integrating Low-Carbon Assets In Oil Refining Company’s Portfolio
      • 3.3.2. Need for More Flexible and Versatile Refinery
    • 3.4. Market Trends
      • 3.4.1. Evolving Technology and New Sources of the Crude Oil
      • 3.4.2. Strategic Consolidation of the Size, Number, and Ownership of Facilities and Companies
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Oil Refining -, by Type and Region (value and price ) (2016-2021)
    • 5.1. Introduction
    • 5.2. Global Oil Refining - (Value)
      • 5.2.1. Global Oil Refining - by: Type (Value)
        • 5.2.1.1. Topping Oil Refinery
        • 5.2.1.2. Hydro-skimming Oil Refinery
        • 5.2.1.3. Conversion Oil Refineries
        • 5.2.1.4. Deep Conversion Refineries
      • 5.2.2. Global Oil Refining - Region
        • 5.2.2.1. South America
          • 5.2.2.1.1. Brazil
          • 5.2.2.1.2. Argentina
          • 5.2.2.1.3. Rest of South America
        • 5.2.2.2. Asia Pacific
          • 5.2.2.2.1. China
          • 5.2.2.2.2. Japan
          • 5.2.2.2.3. India
          • 5.2.2.2.4. South Korea
          • 5.2.2.2.5. Australia
          • 5.2.2.2.6. Rest of Asia-Pacific
        • 5.2.2.3. Europe
          • 5.2.2.3.1. Germany
          • 5.2.2.3.2. France
          • 5.2.2.3.3. Italy
          • 5.2.2.3.4. United Kingdom
          • 5.2.2.3.5. Netherlands
          • 5.2.2.3.6. Rest of Europe
        • 5.2.2.4. MEA
          • 5.2.2.4.1. Middle East
          • 5.2.2.4.2. Africa
        • 5.2.2.5. North America
          • 5.2.2.5.1. United States
          • 5.2.2.5.2. Canada
          • 5.2.2.5.3. Mexico
    • 5.3. Global Oil Refining - (Price)
      • 5.3.1. Global Oil Refining - by: Type (Price)
  • 6. Oil Refining -: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2021)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. Reliance Industries Limited (India)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. SK Energy (South Korea)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. PDVSA (Venezuela)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. GS Caltex (South Korea)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. ExxonMobil (United States)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. Motiva Enterprises (United States)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. Saudi Aramco (Saudi Arabia)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Marathon Petroleum (United States)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. S-Oil (South Korea)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
  • 7. Global Oil Refining - Sale, by Type and Region (value and price ) (2022-2027)
    • 7.1. Introduction
    • 7.2. Global Oil Refining - (Value)
      • 7.2.1. Global Oil Refining - by: Type (Value)
        • 7.2.1.1. Topping Oil Refinery
        • 7.2.1.2. Hydro-skimming Oil Refinery
        • 7.2.1.3. Conversion Oil Refineries
        • 7.2.1.4. Deep Conversion Refineries
      • 7.2.2. Global Oil Refining - Region
        • 7.2.2.1. South America
          • 7.2.2.1.1. Brazil
          • 7.2.2.1.2. Argentina
          • 7.2.2.1.3. Rest of South America
        • 7.2.2.2. Asia Pacific
          • 7.2.2.2.1. China
          • 7.2.2.2.2. Japan
          • 7.2.2.2.3. India
          • 7.2.2.2.4. South Korea
          • 7.2.2.2.5. Australia
          • 7.2.2.2.6. Rest of Asia-Pacific
        • 7.2.2.3. Europe
          • 7.2.2.3.1. Germany
          • 7.2.2.3.2. France
          • 7.2.2.3.3. Italy
          • 7.2.2.3.4. United Kingdom
          • 7.2.2.3.5. Netherlands
          • 7.2.2.3.6. Rest of Europe
        • 7.2.2.4. MEA
          • 7.2.2.4.1. Middle East
          • 7.2.2.4.2. Africa
        • 7.2.2.5. North America
          • 7.2.2.5.1. United States
          • 7.2.2.5.2. Canada
          • 7.2.2.5.3. Mexico
    • 7.3. Global Oil Refining - (Price)
      • 7.3.1. Global Oil Refining - by: Type (Price)
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Oil Refining -: by Type(USD Million)
  • Table 2. Oil Refining - Topping Oil Refinery , by Region USD Million (2016-2021)
  • Table 3. Oil Refining - Hydro-skimming Oil Refinery , by Region USD Million (2016-2021)
  • Table 4. Oil Refining - Conversion Oil Refineries , by Region USD Million (2016-2021)
  • Table 5. Oil Refining - Deep Conversion Refineries , by Region USD Million (2016-2021)
  • Table 6. South America Oil Refining -, by Country USD Million (2016-2021)
  • Table 7. South America Oil Refining -, by Type USD Million (2016-2021)
  • Table 8. Brazil Oil Refining -, by Type USD Million (2016-2021)
  • Table 9. Argentina Oil Refining -, by Type USD Million (2016-2021)
  • Table 10. Rest of South America Oil Refining -, by Type USD Million (2016-2021)
  • Table 11. Asia Pacific Oil Refining -, by Country USD Million (2016-2021)
  • Table 12. Asia Pacific Oil Refining -, by Type USD Million (2016-2021)
  • Table 13. China Oil Refining -, by Type USD Million (2016-2021)
  • Table 14. Japan Oil Refining -, by Type USD Million (2016-2021)
  • Table 15. India Oil Refining -, by Type USD Million (2016-2021)
  • Table 16. South Korea Oil Refining -, by Type USD Million (2016-2021)
  • Table 17. Australia Oil Refining -, by Type USD Million (2016-2021)
  • Table 18. Rest of Asia-Pacific Oil Refining -, by Type USD Million (2016-2021)
  • Table 19. Europe Oil Refining -, by Country USD Million (2016-2021)
  • Table 20. Europe Oil Refining -, by Type USD Million (2016-2021)
  • Table 21. Germany Oil Refining -, by Type USD Million (2016-2021)
  • Table 22. France Oil Refining -, by Type USD Million (2016-2021)
  • Table 23. Italy Oil Refining -, by Type USD Million (2016-2021)
  • Table 24. United Kingdom Oil Refining -, by Type USD Million (2016-2021)
  • Table 25. Netherlands Oil Refining -, by Type USD Million (2016-2021)
  • Table 26. Rest of Europe Oil Refining -, by Type USD Million (2016-2021)
  • Table 27. MEA Oil Refining -, by Country USD Million (2016-2021)
  • Table 28. MEA Oil Refining -, by Type USD Million (2016-2021)
  • Table 29. Middle East Oil Refining -, by Type USD Million (2016-2021)
  • Table 30. Africa Oil Refining -, by Type USD Million (2016-2021)
  • Table 31. North America Oil Refining -, by Country USD Million (2016-2021)
  • Table 32. North America Oil Refining -, by Type USD Million (2016-2021)
  • Table 33. United States Oil Refining -, by Type USD Million (2016-2021)
  • Table 34. Canada Oil Refining -, by Type USD Million (2016-2021)
  • Table 35. Mexico Oil Refining -, by Type USD Million (2016-2021)
  • Table 36. Oil Refining -: by Type(USD/Units)
  • Table 37. Company Basic Information, Sales Area and Its Competitors
  • Table 38. Company Basic Information, Sales Area and Its Competitors
  • Table 39. Company Basic Information, Sales Area and Its Competitors
  • Table 40. Company Basic Information, Sales Area and Its Competitors
  • Table 41. Company Basic Information, Sales Area and Its Competitors
  • Table 42. Company Basic Information, Sales Area and Its Competitors
  • Table 43. Company Basic Information, Sales Area and Its Competitors
  • Table 44. Company Basic Information, Sales Area and Its Competitors
  • Table 45. Company Basic Information, Sales Area and Its Competitors
  • Table 46. Oil Refining -: by Type(USD Million)
  • Table 47. Oil Refining - Topping Oil Refinery , by Region USD Million (2022-2027)
  • Table 48. Oil Refining - Hydro-skimming Oil Refinery , by Region USD Million (2022-2027)
  • Table 49. Oil Refining - Conversion Oil Refineries , by Region USD Million (2022-2027)
  • Table 50. Oil Refining - Deep Conversion Refineries , by Region USD Million (2022-2027)
  • Table 51. South America Oil Refining -, by Country USD Million (2022-2027)
  • Table 52. South America Oil Refining -, by Type USD Million (2022-2027)
  • Table 53. Brazil Oil Refining -, by Type USD Million (2022-2027)
  • Table 54. Argentina Oil Refining -, by Type USD Million (2022-2027)
  • Table 55. Rest of South America Oil Refining -, by Type USD Million (2022-2027)
  • Table 56. Asia Pacific Oil Refining -, by Country USD Million (2022-2027)
  • Table 57. Asia Pacific Oil Refining -, by Type USD Million (2022-2027)
  • Table 58. China Oil Refining -, by Type USD Million (2022-2027)
  • Table 59. Japan Oil Refining -, by Type USD Million (2022-2027)
  • Table 60. India Oil Refining -, by Type USD Million (2022-2027)
  • Table 61. South Korea Oil Refining -, by Type USD Million (2022-2027)
  • Table 62. Australia Oil Refining -, by Type USD Million (2022-2027)
  • Table 63. Rest of Asia-Pacific Oil Refining -, by Type USD Million (2022-2027)
  • Table 64. Europe Oil Refining -, by Country USD Million (2022-2027)
  • Table 65. Europe Oil Refining -, by Type USD Million (2022-2027)
  • Table 66. Germany Oil Refining -, by Type USD Million (2022-2027)
  • Table 67. France Oil Refining -, by Type USD Million (2022-2027)
  • Table 68. Italy Oil Refining -, by Type USD Million (2022-2027)
  • Table 69. United Kingdom Oil Refining -, by Type USD Million (2022-2027)
  • Table 70. Netherlands Oil Refining -, by Type USD Million (2022-2027)
  • Table 71. Rest of Europe Oil Refining -, by Type USD Million (2022-2027)
  • Table 72. MEA Oil Refining -, by Country USD Million (2022-2027)
  • Table 73. MEA Oil Refining -, by Type USD Million (2022-2027)
  • Table 74. Middle East Oil Refining -, by Type USD Million (2022-2027)
  • Table 75. Africa Oil Refining -, by Type USD Million (2022-2027)
  • Table 76. North America Oil Refining -, by Country USD Million (2022-2027)
  • Table 77. North America Oil Refining -, by Type USD Million (2022-2027)
  • Table 78. United States Oil Refining -, by Type USD Million (2022-2027)
  • Table 79. Canada Oil Refining -, by Type USD Million (2022-2027)
  • Table 80. Mexico Oil Refining -, by Type USD Million (2022-2027)
  • Table 81. Oil Refining -: by Type(USD/Units)
  • Table 82. Research Programs/Design for This Report
  • Table 83. Key Data Information from Secondary Sources
  • Table 84. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Oil Refining -: by Type USD Million (2016-2021)
  • Figure 5. South America Oil Refining - Share (%), by Country
  • Figure 6. Asia Pacific Oil Refining - Share (%), by Country
  • Figure 7. Europe Oil Refining - Share (%), by Country
  • Figure 8. MEA Oil Refining - Share (%), by Country
  • Figure 9. North America Oil Refining - Share (%), by Country
  • Figure 10. Global Oil Refining -: by Type USD/Units (2016-2021)
  • Figure 11. Global Oil Refining - share by Players 2021 (%)
  • Figure 12. Global Oil Refining - share by Players (Top 3) 2021(%)
  • Figure 13. Global Oil Refining - share by Players (Top 5) 2021(%)
  • Figure 14. BCG Matrix for key Companies
  • Figure 15. Reliance Industries Limited (India) Revenue, Net Income and Gross profit
  • Figure 16. Reliance Industries Limited (India) Revenue: by Geography 2021
  • Figure 17. SK Energy (South Korea) Revenue, Net Income and Gross profit
  • Figure 18. SK Energy (South Korea) Revenue: by Geography 2021
  • Figure 19. PDVSA (Venezuela) Revenue, Net Income and Gross profit
  • Figure 20. PDVSA (Venezuela) Revenue: by Geography 2021
  • Figure 21. GS Caltex (South Korea) Revenue, Net Income and Gross profit
  • Figure 22. GS Caltex (South Korea) Revenue: by Geography 2021
  • Figure 23. ExxonMobil (United States) Revenue, Net Income and Gross profit
  • Figure 24. ExxonMobil (United States) Revenue: by Geography 2021
  • Figure 25. Motiva Enterprises (United States) Revenue, Net Income and Gross profit
  • Figure 26. Motiva Enterprises (United States) Revenue: by Geography 2021
  • Figure 27. Saudi Aramco (Saudi Arabia) Revenue, Net Income and Gross profit
  • Figure 28. Saudi Aramco (Saudi Arabia) Revenue: by Geography 2021
  • Figure 29. Marathon Petroleum (United States) Revenue, Net Income and Gross profit
  • Figure 30. Marathon Petroleum (United States) Revenue: by Geography 2021
  • Figure 31. S-Oil (South Korea) Revenue, Net Income and Gross profit
  • Figure 32. S-Oil (South Korea) Revenue: by Geography 2021
  • Figure 33. Global Oil Refining -: by Type USD Million (2022-2027)
  • Figure 34. South America Oil Refining - Share (%), by Country
  • Figure 35. Asia Pacific Oil Refining - Share (%), by Country
  • Figure 36. Europe Oil Refining - Share (%), by Country
  • Figure 37. MEA Oil Refining - Share (%), by Country
  • Figure 38. North America Oil Refining - Share (%), by Country
  • Figure 39. Global Oil Refining -: by Type USD/Units (2022-2027)
Some of the key companies/manufacturers profiled in the report
  • Reliance Industries Limited (India)
  • SK Energy (South Korea)
  • PDVSA (Venezuela)
  • GS Caltex (South Korea)
  • ExxonMobil (United States)
  • Motiva Enterprises (United States)
  • Saudi Aramco (Saudi Arabia)
  • Marathon Petroleum (United States)
  • S-Oil (South Korea)
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