The refined petroleum products
manufacturing market comprises companies that convert crude petroleum to
refined petroleum products such as gasoline, naptha, diesel fuel and liquefied
petroleum gas and then sell these refined products. Petroleum refineries are
large industrial complexes with extensive pipeline networks carrying crude oil
and refined petroleum products between sub processing units. Revenues in this
market represent the value of the different refined petroleum products.
Read more:
The global refined petroleum products manufacturing market
has shown downfall since 2015 after it went down from around $4 trillion to
$1.5 trillion, and then reached around $2 trillion in 2017.
TBRC’s latest report show the historic and future trends in
the market for each year with sourced
reasons to support the decline and
claims.
The report also shows the refined petroleum products manufacturing
market to grow at a much higher CAGR by 2021 as compared to the negative CAGR
in 2017, along with geographies best suited for investments with highest return
rate.
Sample report:
The global refined petroleum products manufacturing market
fell from $4 trillion in 2014 to $2 trillion in 2017, at a negative compound
annual growth rate. This was because of the rapid decline in oil and gas prices
worldwide due to political changes and many other such reasons mentioned in the
report. TBRC’s consultants expect an increasing
demand for refined petroleum from developing nations, which is expected to raise
the prices in the future.
TBRC’s latest report will cover in
depth understanding and calculated impacts of each market factor on a global as
well as regional level, to analyze the best investment strategy for this
market.
Companies Included in the report
are Royal Dutch Shell, Exxon Mobil Corporation, Sinopec Limited, BP Plc, and Chevron.
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