Global Oil Refining Market Report 2015-2020 - Analysis, Technologies & Forecasts - Vendors: Exxon, Shell, Sinopec - Research and Markets
Research and Markets has announced the addition of the "Global
Oil Refining Market Outlook - Market Analysis by Geography, By Refinery
Complexity (Topping, Hydroskimming, Cracking, Coking), Competitive
Landscape, Key Company Information - Growth Trends and Forecasts
(2015-2020)" report to their offering.
The global energy demand is predicted to grow by 50% - 60% in the coming
15 years. This growth in demand is a result of increasing world
population and an improvement in living standards in developing
countries. Even though new and renewable energy sources are gaining
popularity around the world, petroleum fuels still remain the major
energy source the world over. This trend is expected to continue for the
next few decades, and will have all sectors of the petroleum industry as
its beneficiaries.
The oil that is extracted from the earth undergoes a number of processes
that transforms the crude oil into various useful products such as
petrol, diesel, jet fuel, kerosene etc. These processes are carried out
by refineries having varying degrees of complexity. Refineries are
classified as topping, hydroskimming, cracking and coking refineries
based on their complexity. Refining forms a major activity of the
downstream petroleum industry.
The refining industry has been affected by falling crude oil prices.
Players in the Asian and European markets are seeing higher margins
while the North American players are seeing a reduction in their
margins. The transportation industry, which is the biggest consumer of
oil worldwide is witnessing a growth, especially in developing countries
like China and India.
Some of the key players in this market are Exxon Mobil Corporation,
Shell, Sinopec, BP and Saudi Aramco.
Report Structure:
1. Executive Summary
2. Research Methodology
3. Markets Covered
4. Market Overview
5. Market Dynamics
6. Global Oil Refining Industry Analysis, By Complexity of Refinery
7. Global Refining Industry Analysis, By Geography
8. Key Company Analysis
9. Competitive Landscape
10. Appendix
For more information about this report visit http://www.researchandmarkets.com/research/wwx35s/global_oil
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Source: Business Wire
(November 25, 2016 - 4:30 AM EST)
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