The global vacuum gas oil market is expected to reach USD 509.60 Billion by 2026, according to a new report by Reports and Data.
New York, NY -- (SBWIRE) -- 06/04/2019 -- Vacuum gas oil finds application as an intermediate feedstock that can improve the output of valuable diesel and gasoline in refineries. Lightweight shale crude oils like Eagle Ford can produce vacuum gas oil direct from primary distillation. Vacuum gas oil is processed in one of two kinds of catalytic cracking units. These cracking units deploy a combination of catalysts (substances that accelerate or decelerate the rate of chemical reaction) to crack vacuum gas oil into lighter gasoline blending components and diesel oil.
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This report sheds light on the major companies that contribute significantly to the global sector. The report studies the presence of these companies in major geographical regions and their individual placement in the worldwide business. It helps in projecting the growth of Vacuum Gas Oil through the years and in predicting its expansion in the forecasted time span. The increase in the demand for the product is boosting the overall production to ensure a smooth functioning demand-supply chain.
The research segments the market based on product type, applications and end-use. It profiles the key players of the business and their individual contribution to the global economy. The report focuses on significant investments, business ventures, mergers, acquisitions, collaborations along with the technological developments in the field. It also evaluates the upcoming and niche areas in the business. The researcher aims to offer expert insights related to the industry and the new opportunities available in the market.
Scope Of The Report
The study aims to provide a forecast of the growth of the Vacuum Gas Oil market by examining the market size, share, demand, trends, and gross revenue of the industry. Further, it provides a competitive analysis and SWOT analysis. The report segments the industry based on product type, application and end-use. It highlights the emerging trends as well as the novel technology that are visible in the market. The research offers a clear look at the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
In market segmentation by manufacturers, the report covers the following companies-
Axeon, Kuwait Petroleum Corporation, Shell, U.S. Oil and Refining, KazMunaiGaz, TAIF-NK, NESTE, Vertex, Soils Oil and Lukoil among others.
For the purpose of this report, Reports and Data have segmented global vacuum gas oil market on the basis of product, sulfur content, application and region:
Product (Volume, Million Barrels; 2016-2026 and Revenue, USD Million; 2016-2026)
- Heavy Vacuum Gas Oil
- Light vacuum gas Oil
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Sulfur Content Outlook (Volume, Million Barrels; 2016-2026 and Revenue, USD Million; 2016-2026)
- Low Sulfur VGO
- High Sulfur VGO
Application Outlook (Volume, Million Barrels; 2016-2026 and Revenue, USD Million; 2016-2026)
- Gasoline Production
- Diesel Oil/Kerosene Production
Regional Outlook (Volume, Million Barrels; 2016-2026 and Revenue, USD Million; 2016-2026)
- North America
o U.S.
- Europe
o Germany
o UK
- Asia Pacific
o China
o India
o South-east Asia
- Latin America
o Brazil
- MEA
The report on the Vacuum Gas Oil market employs both primary and secondary research to examine its import and export, demand and supply, consumption power, spending capacity and distribution channel worldwide. The report evaluates the market standing of key manufacturers and sheds light on the strategies they have adopted to stay competitive.
The study also applies qualitative and quantitative methods to assess the annual and financial performance of the top vendors and insights from market leaders. Extensive coverage of the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the Vacuum Gas Oil market for the forecast period from 2019 to 2026.
The research provides answers to the following key questions:
- What will be the growth rate of the Vacuum Gas Oil market for the forecast period, 2019 to 2026? What will be the market size and the share occupied by the prominent vendors by the estimated period?
- What are challenges and threats faced by the prominent vendors operating in the Vacuum Gas Oil market?
- Who are the prominent vendors and what has been their business strategy so far to maintain a competitive edge over their competitors?
- What are the past, present and emerging trends likely to influence the growth rate of the Vacuum Gas Oil market for the forecast period, 2019 to 2026?
- What are the opportunities prominent vendors can bank on to generate more profits during the estimated period?
There are 10 chapters to cover the vital aspects of the Global Vacuum Gas Oil Market.
The report is distributed over 10 Chapters to display the analysis of the global Vacuum Gas Oil shop market.
Chapter 1 covers the Vacuum Gas Oil Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2 talks about the top manufacturers and analyses their sales, revenue and pricing decisions for the duration 2016 and 2017;
Chapter 3 displays the competitive nature of the market by discussing the competition among the top manufacturers. It dissects the market using sales, revenue and market share data for 2016 and 2017;
Chapter 4, shows the global market by regions and the proportionate size of each market region based on sales, revenue and market share of Vacuum Gas Oil, for the period 2012- 2017;
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