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Oil Downstream Activities Global Market Report 2019

Starting Price : $ 6000.00 | Pages : 400 | Published : January 2019 | SKU CODE : 5075 | Format :


Oil Downstream Activities Market Characteristics

The oil downstream activities market consists of sales of the post extraction activities for crude oil and natural gas by entities (organizations, sole traders or partnerships) that provide post extraction activities for crude oil and natural gas, including refined petroleum products manufacturing and asphalt, lubricating oil and grease manufacturing.

Competitive Landscape of the Oil Downstream Activities Market

Major players in the global oil downstream activities market include Royal Dutch Shell, Exxon Mobil Corporation, Total SA and LUKOIL PJSC.

Oil Downstream Activities Market Size

The oil downstream activities market size is expected to reach $3.5 trillion by 2022, significantly growing at a CAGR of around 4.2% during the forecast period. The growth in the oil downstream activities market is due to increased global economic activity, refined petroleum from developing nations is expected to drive the market in the future.

However, the market for oil downstream activities is expected to face certain restraints from several factors such as regulations surrounding carbon emissions, the rapid decline in oil and gas prices.

Oil Downstream Activities Market Segmentation

The global oil downstream activities market is further segmented based on type and geography.
By Type - The oil downstream activities market is segmented into refined petroleum products manufacturing, asphalt, lubricating oil and grease manufacturing, among these segments, the refined petroleum products manufacturing market accounts for the largest share in the global oil downstream activities market.
By Geography - The global oil downstream activities is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the Asia-pacific oil downstream activities market accounts the largest share in the global Oil Downstream Activities market.
Trends in the Oil Downstream Activities Market
Refinery carbon capture and storage, gas to liquid technology and big data in refineries are the major trends witnessed in the global oil downstream activities market. Potential Opportunities in the Oil Downstream Activities Market With greater stability in the oil and gas industry and high consumption of refined petroleum, the scope and potential for the global oil downstream activities market is expected to significantly rise in the forecast period.

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