Petroleum Liquid Feedstock Market, By Feedstock Type (Crude Oil, Natural Gas Liquids, and Refinery Residues), By Application, By Geography

Description

The global petroleum liquid feedstock market is estimated to be valued at USD 327.09 Billion in 2024 and is expected to reach USD 445.12 Billion by 2031, exhibiting a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 327.09 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	4.50%	2031 Value Projection:	US$ 445.12 Bn

Figure. Petroleum Liquid Feedstock Market Share (%), By Region 2024

Petroleum Liquid Feedstock Market - IMG1

The global petroleum liquid feedstock market has been witnessing significant growth over the past few years owing to the growing demand for refined petroleum products across various end-use industries. Petroleum liquid feedstock such as naphtha, gas oil, and others are important raw materials used in the production of petrochemicals and refined petroleum products like gasoline, diesel, and other fuels. With rapid industrialization and urbanization in emerging economies, the energy demand has increased substantially, driving the need for petroleum refineries worldwide. Moreover, various government initiatives focused on improving national energy security through domestic oil production has boosted investments in new refining facilities. The market is expected to further expand going forward with rising crude oil consumption globally.

Market Dynamics:

The global petroleum liquid feedstock market is driven by factors such as growing demand for gasoline and other refined petroleum fuels from the transportation sector. Rapid industrial growth especially in the Asia Pacific region boosting petrochemical production, rising investment in new greenfield refineries, and expansion of existing refineries. However, the market growth can be restricted due to stringent environmental regulations curbing emissions from fuel combustion, increasing focus on renewable energy sources, and geopolitical tensions affecting crude oil supply. On the positive side, technological advancements in refinery processes improving yields and developing unconventional oil and gas reserves creating new feedstock sources present key opportunities for the market players over the coming years.

Key Features of the Study:

This report provides in-depth analysis of the global petroleum liquid feedstock market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global petroleum liquid feedstock market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include ExxonMobil Corporation, Chevron Phillips Chemical Company, China National Petroleum Corporation (CNPC), Royal Dutch Shell, BP plc (British Petroleum), Sinopec (China Petroleum & Chemical Corporation), TotalEnergies SE, Lukoil, Eni S.p.A., ConocoPhillips, Marathon Petroleum Corporation, Valero Energy Corporation, Repsol S.A., Petroleo Brasileiro S.A. (Petrobras), Phillips 66, HollyFrontier Corporation, Indian Oil Corporation Limited, PetroChina Company Limited, EOG Resources, Inc., and Occidental Petroleum Corporation
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global petroleum liquid feedstock market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global petroleum liquid feedstock market

Detailed Segmentation:

Feedstock Type Insights (Revenue, USD Bn, 2019 - 2031)
- Crude Oil
- Natural Gas Liquids (NGLs)
- Refinery Residues
Application Insights (Revenue, USD Bn, 2019 - 2031)
- Gasoline Production
- Diesel/Jet Fuel Production
- Petrochemicals Production
- Others
Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- ExxonMobil Corporation
- Chevron Phillips Chemical Company
- China National Petroleum Corporation (CNPC)
- Royal Dutch Shell
- BP plc (British Petroleum)
- Sinopec (China Petroleum & Chemical Corporation)
- TotalEnergies SE
- Lukoil
- Eni S.p.A.
- ConocoPhillips
- Marathon Petroleum Corporation
- Valero Energy Corporation
- Repsol S.A.
- Petroleo Brasileiro S.A. (Petrobras)
- Phillips 66
- HollyFrontier Corporation
- Indian Oil Corporation Limited
- PetroChina Company Limited
- EOG Resources, Inc.
- Occidental Petroleum Corporation

Product Code: CMI7291

1. RESEARCH OBJECTIVES AND ASSUMPTIONS

Research Objectives
Assumptions
Abbreviations

2. MARKET PURVIEW

Report Description
- Market Definition and Scope
Executive Summary
- Global Petroleum Liquid Feedstock Market, By Feedstock Type
- Global Petroleum Liquid Feedstock Market, By Application

3. MARKET DYNAMICS, REGULATIONS, AND TRENDS ANALYSIS

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Petroleum Liquid Feedstock Market, By Feedstock Type, 2024-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Crude Oil
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Natural Gas Liquids (NGLs)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Refinery Residues
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

5. Global Petroleum Liquid Feedstock Market, By Application, 2024-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Gasoline Production
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Diesel/Jet Fuel Production
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Petrochemicals Production
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

6. Global Petroleum Liquid Feedstock Market, By Region, 2019 - 2031, Value (USD Bn)

Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2019 - 2031, Value (USD Bn)
- Regional Trends
  - North America
- Introduction
- Market Size and Forecast, By Feedstock Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
U.S.
Canada
Latin America
- Introduction
- Market Size and Forecast, By Feedstock Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Feedstock Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Feedstock Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Feedstock Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
GCC Countries
Israel
Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Feedstock Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
South Africa
North Africa
Central Africa

7. COMPETITIVE LANDSCAPE

ExxonMobil Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Chevron Phillips Chemical Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
China National Petroleum Corporation (CNPC)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Royal Dutch Shell
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
BP plc (British Petroleum)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Sinopec (China Petroleum & Chemical Corporation)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
TotalEnergies SE
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Lukoil
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Eni S.p.A.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
ConocoPhillips
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Marathon Petroleum Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Valero Energy Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Repsol S.A.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Petroleo Brasileiro S.A. (Petrobras)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Phillips 66
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
HollyFrontier Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Indian Oil Corporation Limited
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
PetroChina Company Limited
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
EOG Resources, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Occidental Petroleum Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies

8. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

9. References and Research Methodology

References
Research Methodology
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