The report on the petroleum liquid feedstock market covers the latest global oil development progress with comprehensive information and insights on petroleum liquid feedstock such as drivers, trends, dynamics, value (US $ Mn) and volume (KT) forecasts. is. Market of liquid feedstock during the research period from 2019 to 2027
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For competitor segment, the report includes global key players of Petroleum Liquid Feedstock (Naphtha And Gas Oil) as well as some small players. At least 5 companies are included:
* Exxon Mobil
* Reliance Industries
* British Petroleum
For product type segment, this report listed main product type of Petroleum Liquid Feedstock (Naphtha And Gas Oil) market
* Light Naphtha
* Heavy Naphtha
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Industrial Solvents
* Cleaning Fluids
* Adulterant to petrol
The global petroleum liquid feedstock market is estimated to have a CAGR of +3.9% between 2019 and 2027, reaching a value of more than $ 366.1 billion by the end of 2027. Increasing oil and gas prices and the demand in the aromatic and petrochemical industries automotive vehicles are expected to drive global demand for petroleum liquid feedstock during the forecast period.
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After the oil & gas prices plummeted to a new low during 2014–2016, the petroleum refining industry, as well as petroleum liquid feedstock, took a hit, which led to a decline in the revenue of companies. Since 2017, oil prices have recovered to above US$ 70/barrel from the previous low of US$ 40/ barrel and have shown signs of steady improvement. With the increase in oil & gas prices, the petroleum refining industry is also set to witness increased output to cater to the increased demand for petrochemicals globally. This is expected to drive the petroleum liquid feedstock market over the forecast period.
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The study objectives are:
To analyze and research the global Petroleum Liquid Feedstock (Naphtha and Gas Oil) status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
To present the key Petroleum Liquid Feedstock (Naphtha and Gas Oil) manufacturers, capacity, production, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Petroleum Liquid Feedstock (Naphtha and Gas Oil) are as follows:
History Year: 2014-2019
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
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