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Global Oil Refining Market is Expected to Reach USD 2,363.31 BN By Forecast Year 2028

Global Oil Refining Market is Expected to Reach USD 2,363.31 BN By Forecast Year 2028
Oil Refining Market Data And Industry Growth Analysis | Stratistics Market Research Consulting
Oil Refining Market Forecasts to 2028 – Global Analysis By Product (Middle Distillates, Fuel Oil), Complexity (Conversion, Topping), Application (Aviation, Rail & Domestic Waterways, Transportation) and By Geography

The Global Oil Refining Market is accounted for $1,345.00 billion in 2020 and is expected to reach $2,363.31 billion by 2028 growing at a CAGR of 7.3% during the forecast period. Upgrading of refineries to fulfill the growing petroleum product demand, rapid industrialization and urbanization and the demand for gasoline and gas oil are driving the market growth. However, increasing acceptance of clean fuel is hampering the growth of the market. 

Some of the key players profiled in the Oil Refining Market include Sinopec Corporation, China National Petroleum Corporation, ExxonMobil Corporation, Chevron Corporation, Marathon Petroleum Corporation, Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited, Valero Energy Corporation, Kuwait National Petroleum Company, Abu Dhabi National Oil Company, The Phillips 66 Company and PBF Energy Inc.

Browse Complete Report with TOC @ https://www.strategymrc.com/report/oil-refining-market 

Products Covered:• Middle Distillates• Fuel Oil• Light Distillates   

Complexities Covered:• Deep Conversion• Hydro-Skimming• Conversion• Topping

Fuels Covered:• Gasoil• Liquefied Petroleum Gas (LPG)• Gasoline• Kerosene

Applications Covered:• Aviation• Rail & Domestic Waterways• Transportation• Petrochemical• Agriculture• Marine Bunker• Residential & Commercial• Electricity

Request a Sample of this research @ https://www.strategymrc.com/report/oil-refining-market/request-sample

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About Stratistics Market Research Consulting

Stratistics Market Research Pvt Ltd is a business research firm offering market reports across the industries. Our advanced techniques and tools in identifying the market trends helps in shaping today’s business landscape. Our syndicate and custom reports specialize in identifying new market opportunities. Our team of consultants help you to formulate a confident business strategy by providing competitive advantage. Our research services cover Market Entry Strategy, Strategic Benchmarking and Competitive Landscaping.

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