Gasoline is a mixture of hydrocarbons derived from crude oil and is primarily used to run internal combustion engines in motorcycles, automobiles, and small trucks. Gasoline is a byproduct obtained from the crude oil refining.
Gasoline Market Size
The global gasoline market was valued at $2078 billion in 2017. Asia Pacific was the largest geographic region accounting for $681.6 billion or 32% of the global market. USA was the largest country accounting for $434.3 billion or 20.9% of the global gasoline market.
Gasoline Market Trend
Refining companies are using heat-integrated crude oil distillation systems with latest optimization approach to minimize operating costs and maximize product yields. These systems use artificial neural networks from rigorous process simulation in the distillation process. i-Heat™ is the latest software tool from Process Integration Limited which is used for performance analysis and identifies where energy and capacity improvements can be made.
The companies covered are Royal Dutch Shell, Exxon Mobil Corporation, BP Plc, Chevron, and LUKOIL PJSC.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
“Polymer Modified Asphalt That Delivers Maximum Service Life”
Increase In Profitability Of Crude Oil And Natural Gas Production With An Implementation Of Digital Oilfield Technology
Geosteering And Measurement While Drilling Technologies To Provide Real-Time Data
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Carbon Capture And Storage By Refineries To Reduce CO2 Emission
Gas To Liquid Technology To Produce High Quality Petroleum Products
Self-Assembling Rigs To Reduce Operating Costs And Save Time
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