市場調査レポート

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1509684

石油精製の世界市場の評価：タイプ別、製品別、最終用途産業別、地域別、機会、予測（2017年～2031年）

Oil Refining Market Assessment, By Type, By Product, By End-use Industry, By Region, Opportunities and Forecast, 2017-2031F

出版日: 2024年07月09日
発行: Market Xcel - Markets and Data
ページ情報: 英文 218 Pages
納期: 3～5営業日

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全表示
概要
図表
目次

概要

サンプル依頼リストに入れる

世界の石油精製の市場規模は、2023年の1兆5,364億8,000万米ドルから2031年に2兆1,511億4,000万米ドルに達すると予測され、2024年～2031年の予測期間にCAGRで4.30%の成長が見込まれます。石油精製には、原油を燃料、化学品、その他の産業向けの原料のようなさまざまな価値ある製品に変換するなどの利点があります。このプロセスは、原油からのガソリン、ディーゼル燃料、ジェット燃料のような高価値製品の生産を可能にし、エネルギー安全保障と経済成長に寄与します。石油精製の成長は主に、石油製品の消費の増加、原油の入手可能性、石油精製における主要市場企業による投資活動、急速な技術の進歩などの要因によって促進されています。

ガソリン、ディーゼル、ジェット燃料、潤滑油などの石油精製製品の需要の増加により、石油精製に対する投資活動は継続的に増加しています。

2023年9月、China Petroleum & Chemical Corporation（Sinopec）は、国外の石油化学および石油精製資産に投資するため、Sinopec Overseas Investment Holdingという新組織を設立しました。この動きは、Sinopecが国際的に拡大し、その資源と経験を活用するための活動の一部です。新企業はSinopecにとって、中国外の製油所への投資、設立、経営を行う唯一の媒体となります。さらに、Sinopecはすでに、ロシアのSiburと共同で建設した東シベリアの100億米ドルのAmur Gas Chemical Complexや、サウジアラビアのヤンブーにある日量40万バレルのYasref製油所などのプロジェクトに投資しています。

石油製品需要の継続的な拡大が市場開発を促進

石油製品に対する継続的な需要の拡大が、石油精製産業を強化しています。石油消費の着実な増加により、特にアジアと中東における精製能力の拡大が必要となり、需要の増加と原油の入手可能性が大きな要因となっています。さらに、アジア太平洋の堅調な経済成長により、産業活動、インフラ開発、商業部門が活発化し、石油精製製品に対するニーズがさらに高まっています。

例えば2024年1月、インドのPetroleum Planning and Analysis Cellは、2024年度～2025年度における同国の石油精製品需要は3%増と小幅に成長すると予測しました。さらに、ジェット燃料、ディーゼル、LPGを含む石油製品の需要は、昨年の2億3,300万トンに対し、4月1日から始まる会計年度に2億3,900万トンに達すると予測されています。

製油所プロジェクトの開発が市場成長を加速させている

製油所プロジェクトの開発は、石油精製製品の需要の増加に対応する能力を増強することにより、石油精製を促進しています。新しい製油所の建設は、増大する需要に対応するために不可欠であり、産業の需要変化への適応と革新的技術への投資が、製油の経済性を向上させています。

例えば、Saudi Aramco and Abu Dhabi National Oil Company（ADNOC）は、440億米ドルを投じてインドのラトナギリにメガ製油所と石油化学コンプレックスを建設すると発表しました。予測される生産能力は日量120万バレルです。このプロジェクトは、インドの石油・ガス部門における重大な飛躍であり、成長する同国の石油精製産業の発展に効果的に寄与すると予測されています。

カタリストとしての政府の取り組み

政府の取り組みは、小規模製油所に負担をかける政策の撤廃、投資の促進、包括的な許認可改革の推進を通じて、米国の製油能力の復活を後押しすることにより、石油精製の成長を促進しています。さらに、政府の支援は、世界の製油所能力の低下やエネルギー転換の影響など、産業が直面する課題への対処にも役立ちます。さらに、政府のインセンティブと規制は、石油・ガス産業の成長を形成し、生産に影響を与え、石油供給に影響を与える上で重要な役割を果たします。政府の政策は、石油精製品の需要の増加に対応するため、主にアジアと中東における新しい製油所の建設を後押しする可能性があります。

当レポートでは、世界の石油精製市場について調査分析し、市場規模と予測、市場力学、主要企業の情勢と見通しなどを提供しています。

市場規模と予測
- 金額
- 数量
タイプ別
- トッピング製油所
- ハイドロスキミング製油所
- ディープコンバージョン製油所
- コンバージョン製油所
製品別
- ガソリン
- LPG
- ケロシン
- その他
最終用途産業別
- 輸送
- 航空
- 石油化学
- 農業
- その他
地域別
- 北米
- 欧州
- アジア太平洋
- 南米
- 中東・アフリカ
市場シェア：企業別（2023年）

第5章世界の石油精製市場の見通し：地域別（2017年～2031年）

北米
- 市場規模と予測
- タイプ別
- 製品別
- 最終用途産業別
- 米国
- カナダ
- メキシコ
欧州
- ドイツ
- フランス
- イタリア
- 英国
- ロシア
- オランダ
- スペイン
- トルコ
- ポーランド
アジア太平洋
- インド
- 中国
- 日本
- オーストラリア
- ベトナム
- 韓国
- インドネシア
- フィリピン
南米
- ブラジル
- アルゼンチン
中東・アフリカ
- サウジアラビア
- アラブ首長国連邦
- 南アフリカ

第6章市場マッピング（2023年）

タイプ別
製品別
最終用途産業別
地域別

第7章マクロ環境と産業構造

需給分析
輸入輸出分析
バリューチェーン分析
PESTEL分析
ポーターのファイブフォース分析

第8章市場力学

成長促進要因
成長抑制要因（課題、抑制要因）

第9章主要企業の情勢

マーケットリーダー上位5社の競合マトリクス
マーケットリーダー上位5社の市場収益の分析（2023年）
合併と買収/合弁事業（該当する場合）
SWOT分析（市場企業5社）
特許分析（該当する場合）

第10章ケーススタディ

第11章主要企業の見通し

Saudi Aramco Total Refining and Petrochemical Company (SATORP)
Reliance Industries Limited
NK Rosneft, PAO
Hindustan Petroleum Corporation Limited (HPCL)
Abu Dhabi Oil Refining Company
PDVSA Petroleos de Venezuela S.A.
Kuwait Integrated Petroleum Industries Company (KIPIC)
ExxonMobil Corp
China National Petroleum Corporation
Chevron Corporation

第12章戦略的推奨

第13章当社について、免責事項

図表

List of Tables

Table 1. Pricing Analysis of Products from Key Players
Table 2. Competition Matrix of Top 5 Market Leaders
Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

Figure 1. Global Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 2. Global Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 3. Global Oil Refining Market Share (%), By Type, 2017-2031F
Figure 4. Global Oil Refining Market Share (%), By Product, 2017-2031F
Figure 5. Global Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 6. Global Oil Refining Market Share (%), By Region, 2017-2031F
Figure 7. North America Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 8. North America Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 9. North America Oil Refining Market Share (%), By Type, 2017-2031F
Figure 10. North America Oil Refining Market Share (%), By Product, 2017-2031F
Figure 11. North America Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 12. North America Oil Refining Market Share (%), By Country, 2017-2031F
Figure 13. United States Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 14. United States Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 15. United States Oil Refining Market Share (%), By Type, 2017-2031F
Figure 16. United States Oil Refining Market Share (%), By Product, 2017-2031F
Figure 17. United States Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 18. Canada Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 19. Canada Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 20. Canada Oil Refining Market Share (%), By Type, 2017-2031F
Figure 21. Canada Oil Refining Market Share (%), By Product, 2017-2031F
Figure 22. Canada Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 23. Mexico Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 24. Mexico Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 25. Mexico Oil Refining Market Share (%), By Type, 2017-2031F
Figure 26. Mexico Oil Refining Market Share (%), By Product, 2017-2031F
Figure 27. Mexico Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 28. Europe Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 29. Europe Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 30. Europe Oil Refining Market Share (%), By Type, 2017-2031F
Figure 31. Europe Oil Refining Market Share (%), By Product, 2017-2031F
Figure 32. Europe Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 33. Europe Oil Refining Market Share (%), By Country, 2017-2031F
Figure 34. Germany Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 35. Germany Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 36. Germany Oil Refining Market Share (%), By Type, 2017-2031F
Figure 37. Germany Oil Refining Market Share (%), By Product, 2017-2031F
Figure 38. Germany Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 39. France Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 40. France Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 41. France Oil Refining Market Share (%), By Type, 2017-2031F
Figure 42. France Oil Refining Market Share (%), By Product, 2017-2031F
Figure 43. France Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 44. Italy Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 45. Italy Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 46. Italy Oil Refining Market Share (%), By Type, 2017-2031F
Figure 47. Italy Oil Refining Market Share (%), By Product, 2017-2031F
Figure 48. Italy Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 49. United Kingdom Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 50. United Kingdom Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 51. United Kingdom Oil Refining Market Share (%), By Type, 2017-2031F
Figure 52. United Kingdom Oil Refining Market Share (%), By Product, 2017-2031F
Figure 53. United Kingdom Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 54. Russia Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 55. Russia Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 56. Russia Oil Refining Market Share (%), By Type, 2017-2031F
Figure 57. Russia Oil Refining Market Share (%), By Product, 2017-2031F
Figure 58. Russia Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 59. Netherlands Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 60. Netherlands Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 61. Netherlands Oil Refining Market Share (%), By Type, 2017-2031F
Figure 62. Netherlands Oil Refining Market Share (%), By Product, 2017-2031F
Figure 63. Netherlands Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 64. Spain Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 65. Spain Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 66. Spain Oil Refining Market Share (%), By Type, 2017-2031F
Figure 67. Spain Oil Refining Market Share (%), By Product, 2017-2031F
Figure 68. Spain Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 69. Turkey Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 70. Turkey Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 71. Turkey Oil Refining Market Share (%), By Type, 2017-2031F
Figure 72. Turkey Oil Refining Market Share (%), By Product, 2017-2031F
Figure 73. Turkey Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 74. Poland Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 75. Poland Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 76. Poland Oil Refining Market Share (%), By Type, 2017-2031F
Figure 77. Poland Oil Refining Market Share (%), By Product, 2017-2031F
Figure 78. Poland Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 79. South America Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 80. South America Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 81. South America Oil Refining Market Share (%), By Type, 2017-2031F
Figure 82. South America Oil Refining Market Share (%), By Product, 2017-2031F
Figure 83. South America Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 84. South America Oil Refining Market Share (%), By Country, 2017-2031F
Figure 85. Brazil Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 86. Brazil Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 87. Brazil Oil Refining Market Share (%), By Type, 2017-2031F
Figure 88. Brazil Oil Refining Market Share (%), By Product, 2017-2031F
Figure 89. Brazil Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 90. Argentina Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 91. Argentina Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 92. Argentina Oil Refining Market Share (%), By Type, 2017-2031F
Figure 93. Argentina Oil Refining Market Share (%), By Product, 2017-2031F
Figure 94. Argentina Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 95. Asia-Pacific Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 96. Asia-Pacific Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 97. Asia-Pacific Oil Refining Market Share (%), By Type, 2017-2031F
Figure 98. Asia-Pacific Oil Refining Market Share (%), By Product, 2017-2031F
Figure 99. Asia-Pacific Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 100. Asia-Pacific Oil Refining Market Share (%), By Country, 2017-2031F
Figure 101. India Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 102. India Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 103. India Oil Refining Market Share (%), By Type, 2017-2031F
Figure 104. India Oil Refining Market Share (%), By Product, 2017-2031F
Figure 105. India Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 106. China Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 107. China Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 108. China Oil Refining Market Share (%), By Type, 2017-2031F
Figure 109. China Oil Refining Market Share (%), By Product, 2017-2031F
Figure 110. China Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 111. Japan Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 112. Japan Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 113. Japan Oil Refining Market Share (%), By Type, 2017-2031F
Figure 114. Japan Oil Refining Market Share (%), By Product, 2017-2031F
Figure 115. Japan Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 116. Australia Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 117. Australia Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 118. Australia Oil Refining Market Share (%), By Type, 2017-2031F
Figure 119. Australia Oil Refining Market Share (%), By Product, 2017-2031F
Figure 120. Australia Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 121. Vietnam Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 122. Vietnam Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 123. Vietnam Oil Refining Market Share (%), By Type, 2017-2031F
Figure 124. Vietnam Oil Refining Market Share (%), By Product, 2017-2031F
Figure 125. Vietnam Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 126. South Korea Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 127. South Korea Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 128. South Korea Oil Refining Market Share (%), By Type, 2017-2031F
Figure 129. South Korea Oil Refining Market Share (%), By Product, 2017-2031F
Figure 130. South Korea Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 131. Indonesia Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 132. Indonesia Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 133. Indonesia Oil Refining Market Share (%), By Type, 2017-2031F
Figure 134. Indonesia Oil Refining Market Share (%), By Product, 2017-2031F
Figure 135. Indonesia Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 136. Philippines Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 137. Philippines Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 138. Philippines Oil Refining Market Share (%), By Type, 2017-2031F
Figure 139. Philippines Oil Refining Market Share (%), By Product, 2017-2031F
Figure 140. Philippines Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 141. Middle East & Africa Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 142. Middle East & Africa Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 143. Middle East & Africa Oil Refining Market Share (%), By Type, 2017-2031F
Figure 144. Middle East & Africa Oil Refining Market Share (%), By Product, 2017-2031F
Figure 145. Middle East & Africa Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 146. Middle East & Africa Oil Refining Market Share (%), By Country, 2017-2031F
Figure 147. Saudi Arabia Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 148. Saudi Arabia Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 149. Saudi Arabia Oil Refining Market Share (%), By Type, 2017-2031F
Figure 150. Saudi Arabia Oil Refining Market Share (%), By Product, 2017-2031F
Figure 151. Saudi Arabia Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 152. UAE Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 153. UAE Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 154. UAE Oil Refining Market Share (%), By Type, 2017-2031F
Figure 155. UAE Oil Refining Market Share (%), By Product, 2017-2031F
Figure 156. UAE Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 157. South Africa Oil Refining Market, By Value, in USD Billion, 2017-2031F
Figure 158. South Africa Oil Refining Market, By Volume, in Million Metric Tons, 2017-2031F
Figure 159. South Africa Oil Refining Market Share (%), By Type, 2017-2031F
Figure 160. South Africa Oil Refining Market Share (%), By Product, 2017-2031F
Figure 161. South Africa Oil Refining Market Share (%), By End-use Industry, 2017-2031F
Figure 162. By Type Map-Market Size (USD Billion) & Growth Rate (%), 2023
Figure 163. By Product Map-Market Size (USD Billion) & Growth Rate (%), 2023
Figure 164. By End-use Industry Map-Market Size (USD Billion) & Growth Rate (%), 2023
Figure 165. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2023

Product Code: MX11565

Global oil refining market is projected to witness a CAGR of 4.30% during the forecast period 2024-2031, growing from USD 1536.48 billion in 2023 to USD 2151.14 billion in 2031. Oil refining offers several benefits, including the conversion of crude oil into various valuable products such as fuels, chemicals, and feedstocks for other industries. The process enables the production of high-value products like gasoline, diesel fuel, and jet fuel from crude oil, contributing to energy security and economic growth. The growth of oil refining is primarily driven by factors such as the increasing consumption of petroleum products, availability of crude oil, investment initiatives by key market players in oil refining, and rapid technological advancements.

Investment initiatives are continuously on the rise for oil refining due to the increasing demand for refined petroleum products, such as gasoline, diesel, jet fuel, and lubricants, which are driving the demand for oil refining.

In September 2023, China Petroleum & Chemical Corporation (Sinopec) established a new unit called Sinopec Overseas Investment Holding to invest in overseas petrochemical and refining assets. The move was a part of Sinopec's efforts to expand internationally and leverage its resources and experience. The new company will serve as Sinopec's only medium for investing, setting up, and running refineries outside China. Moreover, Sinopec has already invested in projects such as the USD 10 billion Amur Gas Chemical Complex in East Siberia, built in partnership with Sibur of Russia, and the 400,000 barrels per day Yasref refinery in Yanbu, Saudi Arabia.

Continuous Growing Demand for Petroleum Products Is Driving the Market Expedition

The continuously growing demand for petroleum products is augmenting the oil refining industry. The steady increase in petroleum consumption necessitated expanded refining capacity, particularly in Asia and Middle East, where growing demand and the availability of crude oil were major factors. Additionally, robust economic growth in Asia-Pacific led to increased industrial activities, infrastructure development, and commercial sectors, further driving the need for refined petroleum products.

For instance, in January 2024, India's Petroleum Planning and Analysis Cell projected that the country's demand for refined oil products will grow by a modest 3% in the upcoming financial year 2024-25. Moreover, the demand for petroleum products, including jet fuel, diesel, and LPG, is expected to reach 239 million tons in the financial year beginning from April 1st, as compared to 233 million tons last year.

Development of Oil Refinery Projects is Accelerating Market Growth

The development of oil refinery projects is expediting oil refining by increasing the capacity to meet the rising demand for refined oil products. The construction of new refineries is essential to cope with the growing demand, and the industry's adaptation to changing demand and investment in innovative technologies are improving the economics of refining.

For instance, Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) have announced a USD 44 billion joint venture to build a mega refinery and petrochemicals complex in Ratnagiri, India, with an expected production capacity of 1.2 million barrels per day. The project is a significant leap in India's oil and gas sector and is expected to contribute effectively to the country's advancements in the country's growing refining industry.

Government Initiatives Acting as Catalyst

Government initiatives are expediting the growth of oil refining by empowering the revival of American refining capacity through the removal of policies that strain small-scale refineries, facilitating investment, and pursuing comprehensive permitting reform. Additionally, the government's support can help address challenges faced by the industry, such as the decline in global refinery capacity and the impact of the energy transition. Furthermore, government incentives and regulations play a significant role in shaping the growth of oil and gas industry, influencing production, and impacting the supply of oil. Government policies can empower the construction of new refineries, mainly in Asia and Middle East, to meet the growing demand for refined oil products.

For instance, in 2023, the United States government took significant initiatives to boost the oil refining industry by removing policies that strain small-scale refineries, facilitating investment, and pursuing comprehensive permitting reform. The Energy Policy Act authorizes to enter a refinery permitting cooperative agreement with the state and Congress taking steps to address the issue.

Utilization Of Crude Oil in Transportation Industry

The frequent utilization of crude oil in the transportation sector is propelling the market growth extensively. The transportation sector is a significant consumer of refined petroleum products, and the increasing demand for these products necessitates the expansion of refining capacity to meet the growing demand.

For example, in June 2023, Mitsubishi UFJ Financial Group (MUFG) attributed its decision in financing the East African Crude Oil Pipeline (EACOP) to the exceptionally high level of interest in the project, which can be credited to the dedicated efforts of activists from the StopEACOP coalition, 350 Japan, and other campaigners from Japan to Uganda and Tanzania. The proposed EACOP pipeline would be the world's largest heated crude oil pipeline, spanning about 1,443 kilometers.

Asia-Pacific Dominates Oil Refining Market

Asia-Pacific led oil refining due to the region's growing demand for refined oil products, driven by improving economies in developing regions. The availability of crude oil is a major factor of the region's dominance in the refining industry. Moreover, the region is expected to provide 90% of global demand growth between 2019-26, according to the IEA's recent analysis and forecast for oil.

For instance, in October 2023, China announced that it will capitalize its crude oil refining capacity at 1 billion metric tons by 2025 to streamline its vast oil processing sector and align with environmental goals. Refineries with an annual capacity of at least 10 million metric tons will account for 55% of facilities by 2025, and any new refineries established after the announcement must have capacities of at least 10 million metric tons. The National Development and Reform Commission (NDRC) will promote energy efficiency and better carbon emission management in the refining sector. The NDRC plans to conduct audits of key facilities to assess production capacities, crude oil sources, and energy efficiency levels.

Future Market Scenario (2024 - 2031F)

It is expected that there will be a growing emphasis on addressing the concerns and desires of consumers, communities, investors, and other stakeholders in all aspects of refining, which in turn will lead to many opportunities for market growth in the future.

Strategic consolidation of size, number, and ownership of facilities and companies will continue, with new partnerships forming among customers, competitors, and suppliers, which in turn is expected to contribute effectively to boost the market growth in future.

The industry is anticipated to witness an increased demand for refined products, driven by improving economies in developing regions. The energy landscape will continue to be shaped by geopolitical factors, macroeconomic variables, policies and regulations, and the emergence of new technologies.

Furthermore, a continuous rise in expenditure towards R&D by the government along with the launching of new oil refinery projects at various parts of the globe will contribute extensively to the market expedition over the upcoming years.

Key Players Landscape and Outlook

Key participants in the oil refining market include Abu Dhabi Oil Refining Company, Saudi Aramco Total Refining and Petrochemical Company (SATORP), Hindustan Petroleum Corporation Limited (HPCL), and Kuwait Integrated Petroleum Industries Company (KIPIC). These players are actively participating in various collaborations for introducing new oil refining projects owing to the continuous rise in demand for refined oil. These partnerships, in turn, are expected to cater to a plethora of demand for market growth in future.

In May 2023, Kuwait Integrated Petroleum Industries Company (KIPIC) announcing the successful operation of the third and final unit of Al-Zour Refinery, increasing the country's maximum refining capacity to 615,000 barrels per day. The refinery, located approximately 90 kilometers south of Kuwait City, is one of the largest refineries built in one phase and is designed to process a wide range of Kuwait domestic crude, including Kuwait export crude and Kuwait heavy crude. The refinery is configured to produce low sulfur fuel oil, ultra-low sulfur jet fuel, kerosene for export, and naphtha feedstock for local petrochemical plants.

In March 2023, Aramco JV HAPCO commenced construction of a major refinery and petrochemical complex in China, with a 300,000 barrels per day (bpd) refinery and a 1.65 million tonnes steam cracker. The project is expected to become fully operational by 2026 and will be located in the city of Panjin, Liaoning Province, China. Aramco would supply up to 210,000 bpd of crude oil feedstock to the complex. It will play an important role in deepening economic and trade cooperation between China and Saudi Arabia, thereby achieving common development and prosperity.

1. Research Methodology

2. Project Scope & Definitions

3. Executive Summary

4. Global Oil Refining Market Outlook, 2017-2031F

4.1. Market Size & Forecast
- 4.1.1. By Value
- 4.1.2. By Volume
4.2. By Type
- 4.2.1. Topping Oil Refinery
- 4.2.2. Hydro-skimming Oil Refinery
- 4.2.3. Deep Conversion Refineries
- 4.2.4. Conversion Oil Refineries
4.3. By Product
- 4.3.1. Gasoline
- 4.3.2. LPG
- 4.3.3. Kerosene
- 4.3.4. Others
4.4. By End-use Industry
- 4.4.1. Transportation
- 4.4.2. Aviation
- 4.4.3. Petrochemical
- 4.4.4. Agriculture
- 4.4.5. Others
4.5. By Region
- 4.5.1. North America
- 4.5.2. Europe
- 4.5.3. Asia-Pacific
- 4.5.4. South America
- 4.5.5. Middle East and Africa
4.6. By Company Market Share (%), 2023

5. Global Oil Refining Market Outlook, By Region, 2017-2031F

5.1. North America*
- 5.1.1. Market Size & Forecast
  - 5.1.1.1. By Value
  - 5.1.1.2. By Volume
- 5.1.2. By Type
  - 5.1.2.1. Topping Oil Refinery
  - 5.1.2.2. Hydro-skimming Oil Refinery
  - 5.1.2.3. Deep Conversion Refineries
  - 5.1.2.4. Conversion Oil Refineries
- 5.1.3. By Product
  - 5.1.3.1. Gasoline
  - 5.1.3.2. LPG
  - 5.1.3.3. Kerosene
  - 5.1.3.4. Others
- 5.1.4. By End-use Industry
  - 5.1.4.1. Transportation
  - 5.1.4.2. Aviation
  - 5.1.4.3. Petrochemical
  - 5.1.4.4. Agriculture
  - 5.1.4.5. Others
- 5.1.5. United States*
  - 5.1.5.1. Market Size & Forecast
    - 5.1.5.1.1. By Value
    - 5.1.5.1.2. By Volume
  - 5.1.5.2. By Type
    - 5.1.5.2.1. Topping Oil Refinery
    - 5.1.5.2.2. Hydro-skimming Oil Refinery
    - 5.1.5.2.3. Deep Conversion Refineries
    - 5.1.5.2.4. Conversion Oil Refineries
  - 5.1.5.3. By Product
    - 5.1.5.3.1. Gasoline
    - 5.1.5.3.2. LPG
    - 5.1.5.3.3. Kerosene
    - 5.1.5.3.4. Others
  - 5.1.5.4. By End-use Industry
    - 5.1.5.4.1. Transportation
    - 5.1.5.4.2. Aviation
    - 5.1.5.4.3. Petrochemical
    - 5.1.5.4.4. Agriculture
    - 5.1.5.4.5. Others
- 5.1.6. Canada
- 5.1.7. Mexico

All segments will be provided for all regions and countries covered

5.2. Europe
- 5.2.1. Germany
- 5.2.2. France
- 5.2.3. Italy
- 5.2.4. United Kingdom
- 5.2.5. Russia
- 5.2.6. Netherlands
- 5.2.7. Spain
- 5.2.8. Turkey
- 5.2.9. Poland
5.3. Asia-Pacific
- 5.3.1. India
- 5.3.2. China
- 5.3.3. Japan
- 5.3.4. Australia
- 5.3.5. Vietnam
- 5.3.6. South Korea
- 5.3.7. Indonesia
- 5.3.8. Philippines
5.4. South America
- 5.4.1. Brazil
- 5.4.2. Argentina
5.5. Middle East & Africa
- 5.5.1. Saudi Arabia
- 5.5.2. UAE
- 5.5.3. South Africa

6. Market Mapping, 2023

6.1. By Type
6.2. By Product
6.3. By End-use Industry
6.4. By Region

7. Macro Environment and Industry Structure

7.1. Demand Supply Analysis
7.2. Import Export Analysis
7.3. Value Chain Analysis
7.4. PESTEL Analysis
- 7.4.1. Political Factors
- 7.4.2. Economic System
- 7.4.3. Social Implications
- 7.4.4. Technological Advancements
- 7.4.5. Environmental Impacts
- 7.4.6. Legal Compliances and Regulatory Policies (Statutory Bodies Included)
7.5. Porter's Five Forces Analysis
- 7.5.1. Supplier Power
- 7.5.2. Buyer Power
- 7.5.3. Substitution Threat
- 7.5.4. Threat from New Entrant
- 7.5.5. Competitive Rivalry

8. Market Dynamics

8.1. Growth Drivers
8.2. Growth Inhibitors (Challenges and Restraints)

9. Key Players Landscape

9.1. Competition Matrix of Top Five Market Leaders
9.2. Market Revenue Analysis of Top Five Market Leaders (in %, 2023)
9.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
9.4. SWOT Analysis (For Five Market Players)
9.5. Patent Analysis (If Applicable)

10. Case Studies

11. Key Players Outlook

11.1. Saudi Aramco Total Refining and Petrochemical Company (SATORP)
- 11.1.1. Company Details
- 11.1.2. Key Management Personnel
- 11.1.3. Products & Services
- 11.1.4. Financials (As reported)
- 11.1.5. Key Market Focus & Geographical Presence
- 11.1.6. Recent Developments
11.2. Reliance Industries Limited
11.3. NK Rosneft, PAO
11.4. Hindustan Petroleum Corporation Limited (HPCL)
11.5. Abu Dhabi Oil Refining Company
11.6. PDVSA Petroleos de Venezuela S.A.
11.7. Kuwait Integrated Petroleum Industries Company (KIPIC)
11.8. ExxonMobil Corp
11.9. China National Petroleum Corporation
11.10. Chevron Corporation

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

石油精製の世界市場の評価：タイプ別、製品別、最終用途産業別、地域別、機会、予測（2017年～2031年）

Oil Refining Market Assessment, By Type, By Product, By End-use Industry, By Region, Opportunities and Forecast, 2017-2031F

目次

第1章調査手法

第2章プロジェクトの範囲と定義

第3章エグゼクティブサマリー

第4章世界の石油精製市場の見通し（2017年～2031年）

第5章世界の石油精製市場の見通し：地域別（2017年～2031年）

第6章市場マッピング（2023年）

第7章マクロ環境と産業構造

第8章市場力学

第9章主要企業の情勢

第10章ケーススタディ

第11章主要企業の見通し

第12章戦略的推奨

第13章当社について、免責事項

List of Tables

List of Figures

Table of Contents

1. Research Methodology

2. Project Scope & Definitions

3. Executive Summary

4. Global Oil Refining Market Outlook, 2017-2031F

5. Global Oil Refining Market Outlook, By Region, 2017-2031F

6. Market Mapping, 2023

7. Macro Environment and Industry Structure

8. Market Dynamics

9. Key Players Landscape

10. Case Studies

11. Key Players Outlook

12. Strategic Recommendations

13. About Us & Disclaimer

石油精製の世界市場の評価：タイプ別、製品別、最終用途産業別、地域別、機会、予測（2017年～2031年）

Oil Refining Market Assessment, By Type, By Product, By End-use Industry, By Region, Opportunities and Forecast, 2017-2031F

目次

第1章 調査手法

第2章 プロジェクトの範囲と定義

第3章 エグゼクティブサマリー

第4章 世界の石油精製市場の見通し（2017年～2031年）

第5章 世界の石油精製市場の見通し：地域別（2017年～2031年）

第6章 市場マッピング（2023年）

第7章 マクロ環境と産業構造

第8章 市場力学

第9章 主要企業の情勢

第10章 ケーススタディ

第11章 主要企業の見通し

第12章 戦略的推奨

第13章 当社について、免責事項

List of Tables

List of Figures

Table of Contents

1. Research Methodology

2. Project Scope & Definitions

3. Executive Summary

4. Global Oil Refining Market Outlook, 2017-2031F

5. Global Oil Refining Market Outlook, By Region, 2017-2031F

6. Market Mapping, 2023

7. Macro Environment and Industry Structure

8. Market Dynamics

9. Key Players Landscape

10. Case Studies

11. Key Players Outlook

12. Strategic Recommendations

13. About Us & Disclaimer

第1章調査手法

第2章プロジェクトの範囲と定義

第3章エグゼクティブサマリー

第4章世界の石油精製市場の見通し（2017年～2031年）

第5章世界の石油精製市場の見通し：地域別（2017年～2031年）

第6章市場マッピング（2023年）

第7章マクロ環境と産業構造

第8章市場力学

第9章主要企業の情勢

第10章ケーススタディ

第11章主要企業の見通し

第12章戦略的推奨

第13章当社について、免責事項