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The report gives a detailed analysis of the following key players in the global vacuum gas oil market, covering their competitive landscape, capacity, and latest developments like mergers and acquisitions, investments, capacity expansion, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
*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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The market is projected to grow at a CAGR of 5.8% between 2024 and 2032.
The growing demand for gasoline and diesel across the globe, the growing transportation sector, and rapid urbanisation are the major market drivers.
The key trends guiding the market include rapid industrialisation and technological advancements and innovations.
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant types of vacuum gas oil are heavy and light.
The major segments on the basis of sulphur content considered in the market report are lower sulphur content and high sulphur content, among others.
The various applications of vacuum gas oil are gasoline production and diesel oil/kerosene production, among others.
The major players in the market are PJSC Lukoil, Kuwait Petroleum Corporation, Honeywell International Inc, Vertex Energy Inc, and Husky Energy Inc., among others.
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