Refined Petroleum Products Market Growth Analysis through 2026

Posted February 25, 2022 by ramtbrc

The global refined petroleum products market size is expected to grow from $2,311.84 billion in 2021 to $2,614.48 billion in 2022 at a compound annual growth rate (CAGR) of 13.1%.
Refined Petroleum Products Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

TBRC’s market report includes a chapter on the COVID-19 impact on the refined petroleum products industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected refined petroleum products market growth numbers from 2022-2031.

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The global refined petroleum products market size is expected to grow from $2.31 trillion in 2021 to $2.61 trillion in 2022 at a compound annual growth rate (CAGR) of 13.1%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The refined petroleum product market is expected to reach $4.17 trillion in 2026 at a CAGR of 12.4%.

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The Refined Petroleum Products Global Market Report 2022-31 by The Business Research Company evaluates refined petroleum products market size, growth rate, drivers, refined petroleum products industry trends, and major companies.

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 Product, Non-Integrated Refined Petroleum Product
4) By Application: Fuel, Chemical, Others

The table of contents in TBRC’s refined petroleum products market report includes:
1. Executive Summary
2. Report Structure
3. Refined Petroleum Products Market Characteristics
4. Refined Petroleum Products Market Product Analysis
5. Refined Petroleum Products Market Supply Chain
21. Key Mergers And Acquisitions In The Refined Petroleum Products Market
22. Market Background: Oil Downstream Activities Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

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Last Updated February 25, 2022