Uploaded on Aug 2, 2019
Global Crude Oil Market is anticipated to witness a CAGR of 3.18% over the forecast period. Download a free sample report now & get free 10 % customization.
Crude Oil Market | Global Industry Growth, Revenue Forecast 2018-2026
CRUDE OIL
MARKET
(Global Market Trends, Size,
Share & Analysis 2018-2026)
GLOBAL CRUDE OIL MARKET FORECAST 2018-2026
“The Global Crude Oil market is likely to register a healthy CAGR of 3.18% during the forecast period of
2018-2026.”
Unrefined petroleum is often termed as
crude oil. By employing processes such as
fractional distillation, crude oil can be
processed to obtain non-renewable fuels
like kerosene, petrol, diesel, etc. Over the
forecast period of 2018-2026, the global
crude oil market is likely to register a
healthy CAGR of 3.18%.
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MARKET DRIVERS
GROWING
FLOURISHING
01 DEMAND FOR TRANSPORTATION 02 PETROLEUM
INDUSTRY
PRODUCTS
GROWING HIGH VOLUME
03 IMPORT AND HYDRAULIC AND EXPORT OF CRUDE 04 HORIZONTAL
OIL DRILLING
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MARKET INSIGHTS
• Factors such as the • Overall, this market is • The market segment by
flourishing transportation segmented on the basis of
applications and types. type is sub-divided into industry, growing demand
light crude oil and heavy
for petroleum products and • Crude oil often finds its
growing import and export application in the
crude oil.
of crude oils are driving the production of gasoline,
global crude oil market. diesel fuel& heating oil and
other applications.
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Global Crude Oil Market Growing at a
CAGR 3.18% During the Forecast Period
of 2018-2026
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REGIONAL INSIGHTS
North America Crude Oil Market Asia Pacific Crude Oil Market Europe Crude Oil Market Growing
Growing at a CAGR 3.14% During Growing at a CAGR 3.76
% During at a CAGR 1.65% During the
the Forecast Period of 2018-2026 the Forecast Period of Forecast Period of
2018-2026 2018-2026
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COMPETITIVE INSIGHTS
Some of the well-established market companies in
this region are Cairn India, Bp Global, Chevron
Corporation, Gazprom, Exxon Mobil Corporation,
Kuwait Petroleum Corporation, Marathon Petroleum
Corporation, Lukoil, National Iranian Oil Corporation
(NIOC), Pemex (Petróleos Mexicanos), Oil And
Natural Gas Corporation Limited (ONGC), Royal
Dutch Shell, Sinopec Or China Petroleum & Chevron
Corporation, Saudi Aramco, and Total Sa.
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ABOUT US
Inkwood Research specializes in syndicated research
reports, customized research reports and consulting
services. We offer market intelligence studies across a
range of industries including Technology, Chemicals,
Materials, Healthcare and Energy. With 20 years of
research experience, we ensure you efficient deliverables
with global and country industry knowledge and research
expertise. Our analysis covers North & South America,
Europe, CEE, CIS, Middle East, Africa and Asia.
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