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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Petroleum Liquid Feedstock Market Outlook
The global petroleum liquid feedstock market is expected to grow at a CAGR of 3.9% between 2024 and 2032. The industry is expanding due to the increasing demand for petrochemical feedstock in the manufacturing of fertilisers and plastics.
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Properties and Applications
Petroleum liquid feedstocks are used in the manufacturing of fuel, diesel, industrial solvents, and gasoline. The various types of petroleum liquid feedstock include:
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- Naphtha
- Gasoil
The EMR report looks into the regional petroleum liquid feedstock markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Market Analysis
The global petroleum liquid feedstock market is being driven by the advancements in the downstream sector, such as the introduction of microcomputers. The increasing applications of petrochemicals is further aiding the industry growth.
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Based on type, naphtha held the largest share in the industry in 2018 due to its increased demand in the production of ethylene. The Asia Pacific is expected to lead the industry during the forecast period, particularly India, due to the expansion of greenfield refineries in the region.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global petroleum liquid feedstock market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Chevron Corporation
- Exxon Mobil Corporation
- Royal Dutch Shell Plc
- Saudi Arabian Oil Company
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global petroleum liquid feedstock market is projected to grow at a CAGR of 3.9% between 2024 and 2032.
The major market drivers include the rising demand for petrochemical feedstock, the expansion of the oil and gas sector, the growing demand to achieve optimal petroleum production target with minimal costs, and the growing demand for energy.
The key trends guiding the growth of the market include the adoption of advanced analysis and control technologies by various petroleum refineries and the growing technological innovations in downstream applications of the product.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of petroleum liquid feedstocks are naphtha and gasoil.
The major players in the market are Chevron Corporation, Exxon Mobil Corporation, Royal Dutch Shell Plc, and Saudi Arabian Oil Company, among others.
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