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Global Petroleum Refining Services Market Growth (Status and Outlook) 2025-2031

Published Aug 13, 2025
Length 110 Pages
SKU # LPI20310497

Description

According to this study, the global Petroleum Refining Services market size will reach US$ 1562 million by 2031.

Petroleum refining services refer to the process of processing crude oil into gasoline, diesel, jet fuel, lubricants and other petroleum products through physical and chemical processes, and producing petrochemical raw materials (such as olefins and aromatics). The core links include distillation, cracking, reforming, hydroprocessing, etc., and the service scope covers refinery design, operation and maintenance, technology upgrades and environmental protection solutions.

United States market for Petroleum Refining Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Petroleum Refining Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Petroleum Refining Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Petroleum Refining Services players cover Intertek, KATAYAMA NALCO INC., Graham Manufacturing, PUROVSKY, Advanced Refining Technologies LLC, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Petroleum Refining Services Industry Forecast” looks at past sales and reviews total world Petroleum Refining Services sales in 2024, providing a comprehensive analysis by region and market sector of projected Petroleum Refining Services sales for 2025 through 2031. With Petroleum Refining Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Petroleum Refining Services industry.

This Insight Report provides a comprehensive analysis of the global Petroleum Refining Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Petroleum Refining Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Petroleum Refining Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Petroleum Refining Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Petroleum Refining Services.

This report presents a comprehensive overview, market shares, and growth opportunities of Petroleum Refining Services market by product type, application, key players and key regions and countries.

Segmentation by Type:
Fuel
Chemical Raw Materials
Lubricants and Base Oils
Others

Segmentation by Application:
Transportation
Chemicals
Construction
Energy
Environmental Protection
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Intertek
KATAYAMA NALCO INC.
Graham Manufacturing
PUROVSKY
Advanced Refining Technologies LLC
TONGKUN HOLDING
Baker Hughes
Chiyoda Corporation
Repsol
Valero
Attaquant Enterprises Pvt. Ltd.
Marathon Petroleum Corporation
Yokogawa
Phillips 66
PBF Energy

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

110 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Petroleum Refining Services Market Size by Player
4 Petroleum Refining Services by Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Petroleum Refining Services Market Forecast
11 Key Players Analysis
12 Research Findings and Conclusion
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