The Business Research Company published its Refined Petroleum Products Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Refined Petroleum Products market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the Refined Petroleum Products market’s segments-
1) By Type: Diesel, Gasoline, Fuel Oil, Kerosene, Others - 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.
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https://www.thebusinessresearchcompany.com/report/refined-petroleum-products-global-market-report-2020-30-covid-19-impact-and-recovery
Refined Petroleum Products Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global refined petroleum products market is expected to decline from $2518.8 billion in 2019 to $1427.8 billion in 2020 at a compound annual growth rate (CAGR) of -43.4%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $1676.9 billion in 2023.
To reduce pollution levels, companies have started adopting the gas to liquid technology which produces high quality petroleum products. The gas to liquid technology is the conversion of natural gas to high quality liquid products such as transportation fuels, motor oils, naphtha, diesel and waxes. This technology uses natural gas as a substitute to crude oil as gas is considered to be the cleanest burning fossil fuel and is abundant, versatile and easily affordable. The by-products obtained by using the GTL technology are colorless, odorless and contain negligent amounts of impurities.
Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Refined Petroleum Products Market Characteristics
4. Refined Petroleum Products Market Product Analysis
5. Refined Petroleum Products Market Supply Chain
……
19. Refined Petroleum Products Market Competitive Landscape
20. Key Mergers And Acquisitions In The Refined Petroleum Products Market
21. Market Background: Oil Downstream Activities Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
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Few Points From List Of Table
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Refined Petroleum Products Market, 2019, By Region, Value ($ Billion)
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Table 177: Global Refined Petroleum Products Market In 2023- Growth Countries
Table 178: Global Refined Petroleum Products Market In 2023- Growth Segments
Table 179: Global Refined Petroleum Products Market In 2023- Growth Strategies
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