According to Stratistics MRC, the Global Oil Refinery market is estimated to be $XX million in 2015 and is expected to reach $XX million by 2022 growing at a CAGR of XX% from 2015-2022. Some of the predominant drivers in this market include growing demand for energy, advancements in technologies and low domestic oil prices. However, lack of skilled labours and safety standards are anticipated to hinder the market. Furthermore, increasing oil recovery fields in Europe will provide a great investment opportunity for players in this market. Asia Pacific commanded the maximum refining capacity followed by America. China is the largest importer of crude oil and Paraguana is the second largest oil refinery market. Moreover, Reliance Industries owned the world’s largest oil refinery.
Some of the key players profiled in this market include Reliance Industries Ltd., Essar Oil Limited, Petroleos de Venezuela SA, Kuwait Petroleum International, Hindustan Petroleum Corporation Limited, Conoco Phillips, Chevron Corporation, Saudi Aramco Lubricating Oil Refining Company and National Iranian Oil Company.
Type of Crude Processed Oil Covered: Sweet Crude Oil Sour Crude Oil
Regions Covered: North America US Canada Mexico Europe Germany France Italy UK Spain Rest of Europe Asia Pacific Japan China India Australia New Zealand Rest of Asia Pacific Rest of the World Middle East Brazil Argentina South Africa Egypt
What our report offers: Market share assessments for the regional and country level segments Market share analysis of the top industry players Strategic recommendations for the new entrants Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) Strategic recommendations in key business segments based on the market estimations Competitive landscaping mapping the key common trends Company profiling with detailed strategies, financials, and recent developments Supply chain trends mapping the latest technological advancements