Petroleum Liquid Feedstock Market: Growing Demand for Aromatics, Solvents, and Automotive Fuels to Create Significant Growth Opportunities: Global Industry Analysis (2013 - 2018) and Opportunity Assessment (2019 - 2027)

  • Published: 2019-01-11
  • Report Code: REP-GB-3663

An Incisive, In-depth Analysis on the Petroleum Liquid Feedstock Market

This study offers a comprehensive, 360 degree analysis on the Petroleum Liquid Feedstock market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Petroleum Liquid Feedstock market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

The report on the petroleum liquid feedstock market covers comprehensive information and insights about the petroleum liquid feedstock, such as drivers, trends, dynamics, value (US$ Mn) and volume (KT) projections, along with recent and ongoing developments in the global petroleum liquid feedstock market for the study period 2019 to 2027.

The global petroleum liquid feedstock market is estimated to reach a value of over US$ 366.1 Bn by 2027 end, registering a CAGR of 3.9% between 2019 and 2027. Increase in oil & gas prices and the demand for aromatics and growth of the petrochemical industry and automotive fleet are expected to drive the global demand for petroleum liquid feedstock during the forecast period.

Demand for Petroleum Liquid Feedstock to Grow in Tandem with Increase in Oil Prices

After the oil & gas prices plummeted to a new low during 2014–2016, the petroleum refining industry, as well as petroleum liquid feedstock, took a hit, which led to a decline in the revenue of companies. Since 2017, oil prices have recovered to above US$ 70/barrel from the previous low of US$ 40/ barrel and have shown signs of steady improvement. With the increase in oil & gas prices, the petroleum refining industry is also set to witness increased output to cater to the increased demand for petrochemicals globally. This is expected to drive the petroleum liquid feedstock market over the forecast period.

Growing Petrochemical Industry and Increasing Demand for Aromatics

The petrochemical industry is a key driver for the petroleum liquid feedstock market. The increasing demand for petrochemical products from end-use industries such as, plastic, construction and transportation has been driving the growth of the petrochemical industry, which in turn is contributing to the growth of the petroleum liquid feedstock market

One of the main applications of petroleum liquid feedstock is in the processing and manufacturing of aromatics. The demand for aromatics in chemical and other end-use industries has been increasing due to their application as feedstock for various products. Growth of end-use industry applications is expected to surge the demand for aromatic hydrocarbons, such as benzene, toluene and xylene, during the forecast period. This in turn is expected to create significant demand for petroleum liquid feedstock.

Increasing Automotive Fleet to Create Significant Demand for Petroleum Liquid Feedstock

The growth in automotive fleet is expected to create high demand for petroleum liquid feedstock as it is primarily used in the processing of gasoline and motor fuels. Globally, Asia-Pacific, Europe and ASEAN are experiencing a steady increase in automotive sales, which is expected to drive the petroleum liquid feedstock market in these regions.

ASEAN countries registered a sales growth of 6% during the first three quarters of 2017, while China and Europe witnessed growth of 4.3% and 4%, respectively during the same period. Given the overall growth of the automotive industry in the global market, the petroleum liquid feedstock market is expected to experience significant growth in the coming years.

Increasing Petroleum Liquid Feedstock Production Capacities and Expansion of Production Plants

A large number of countries are increasing their petroleum liquid feedstock (mainly naphtha) production by investing in new plants and expansions. Countries such as Kuwait, Saudi Arabia, Russia and UAE have invested in new naphtha production plants over the past few years. For example, Novotek, a company based in Russia, recently started a condensate splitter plant to increase its naphtha production by 4 Million metric tons. These strides taken up by different companies in these regions are expected to provide significant growth opportunities in the global petroleum liquid feedstock market.

Asia’s Growing Demand for Heavy Naphtha and Gas-Oil

The growing urban population, coupled with the increase in automotive sales in Asia, has surged the demand for petroleum liquid feedstock in the region. Due to the rapid growth in the Asian market, there still exists a demand-supply gap in the petroleum liquid feedstock market, which has resulted in huge exports from Europe and North America. The demand-supply gap in Asia creates a huge opportunity for global players operating in the petroleum liquid feedstock market.

An Overview of Petroleum Liquid Feedstock Market Structure      

The global petroleum liquid feedstock market is highly fragmented with Tier-I players accounting for approximately 25%-35% of the global petroleum liquid feedstock market, while other global players along with several local players account for the remaining market share. Some of the global market leaders in the petroleum liquid feedstock market are BP p.l.c., Exxon Mobil Corporation, TOTAL S.A., Royal Dutch Shell plc, Idemitsu Kosan Co., Ltd., Flint Hills Resources and YPF.

Key Questions Answered in the Petroleum Liquid Feedstock Report

  • How has the petroleum liquid feedstock market evolved in the past four years?

  • What shape is the petroleum liquid feedstock market expected to take in terms of volume and value during the study period?

  • What are some of the prevailing market dynamics in the petroleum liquid feedstock market?

  • What are the competition developments and trends in the petroleum liquid feedstock market?

  • What are some of the underlying macro-economic and industry factors impacting the growth of the petroleum liquid feedstock market?

  • What are the key challenges, opportunities and improvement factors for the petroleum liquid feedstock market players?

Report Description

This Future Market Insights (FMI) study offers a ten-year analysis and forecast for the Global Petroleum Liquid Feedstock market between 2019 and 2027. This report offers an in-depth analysis of the global Petroleum Liquid Feedstock market in terms of market value (US$ Mn) & volume (KT) in the global Petroleum Liquid Feedstock market. The market has been segmented on the basis of type and application. The Petroleum Liquid Feedstock study covers various perspectives of the market, including value chain, market dynamics, and competition landscape as well as pricing analysis. The report also covers analysis of macro-economic factors affecting market growth. As per the findings of the Petroleum Liquid Feedstock study and perspectives of industry participants, the global Petroleum Liquid Feedstock market is projected to grow at a CAGR of 3.9% between 2019 and 2027, in terms of value. Increasing oil and gas prices, petrochemical growth and increasing automotive fleet are some of the drivers expected to augment the growth of the Petroleum Liquid Feedstock market over the forecast period.

The FMI report on Petroleum Liquid Feedstock carefully analyses the market at a global and regional level through market segmentation on the basis of key parameters, such as type and application. The report also highlights an overview of the Petroleum Liquid Feedstock market by country. The primary objective of the Petroleum Liquid Feedstock report is to offer key insights on market updates, current trends, competition positioning, growth rates, market potential and other relevant information in a suitable manner to the readers or various stakeholders in the Petroleum Liquid Feedstock market.

Petroleum Liquid Feedstock (Naphtha & Gas Oil) is one of the main feedstock used in the petrochemical industry. It is primarily used in the production of gasoline, solvents, fuels and diesel. Naphtha is also used as feedstock for the production of propylene, ethylene and aromatics, while gas oil is used as feedstock in steam cracking process.

The Petroleum Liquid Feedstock report is structured in such a way that it will allow readers to develop a thorough understanding about the market. The Petroleum Liquid Feedstock report starts with market definitions, followed by market taxonomy, market dynamics, market background and analysis by key segments along with regional analysis and competition assessment. Each section of the Petroleum Liquid Feedstock market study covers a quantitative as well as qualitative assessment of the Petroleum Liquid Feedstock market on the basis of historical developments, facts and key opinions collected from industry participants through interviews.

Petroleum Liquid Feedstock Market: Segmentation

Type

Application

Region

  • Naphtha

  • Gas-Oil

  • Aromatics

  • Olefins

  • Urea

  • North America

  • Latin America

  • Europe

  • China

  • APEC

  • MEA

The Petroleum Liquid Feedstock report begins with a market introduction, defining the market taxonomy and product definitions regarding the global Petroleum Liquid Feedstock market assessment. In the next section, the Petroleum Liquid Feedstock report describes the market development background, covering macro-economic factors, industry factors, and product life stage and associated stages, forecast factors, regional weighted average pricing analysis, value chain overview covering approximate margins and provides an indicative list of stakeholders involved in each stage.

The next section of the Petroleum Liquid Feedstock report provides value (US$ Mn) and volume (KT) projections for the Petroleum Liquid Feedstock market on the basis of respective segments at a global level. The global Petroleum Liquid Feedstock market values represented in this section have been agglomerated by collecting data and information at a regional level. The Petroleum Liquid Feedstock market information, along with key insights and facts, covers unique analysis frameworks, such as year-on-year growth trend comparison, absolute $ opportunity analysis, market attractiveness and share analysis for each sub-types of the segments covered in each segment.

The Petroleum Liquid Feedstock market analysis section of the report covers weighted average pricing analysis and market projections for each segment, including market share analysis, Y-o-Y growth trends, market attractiveness analysis, market share analysis and incremental $ opportunity assessment.

The next section of the Petroleum Liquid Feedstock report presents a summarised view of the global Petroleum Liquid Feedstock market based on six prominent regions considered in the study.

All the above sections evaluate the present market scenario and growth prospects in the global Petroleum Liquid Feedstock market, while the forecast presented in the sections assesses the market size in terms of volume and value.

It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecast in terms of CAGR, but also analyse the market on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the Petroleum Liquid Feedstock market and identify the right opportunities available.

As previously highlighted, the Petroleum Liquid Feedstock market has been split into a number of sub-segments. The Petroleum Liquid Feedstock sub-segments, in terms of type and application, have been analysed on the basis of Basis Point Share (BPS) to understand each individual segment’s relative contribution to market growth. This detailed level of information is important for the identification of various key trends being witnessed in the Petroleum Liquid Feedstock market.  

Another key feature of this report is the analysis of all the key segments in the Petroleum Liquid Feedstock market, sub-segments and the regional adoption and revenue forecast in terms of absolute dollar opportunity. The absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve as well as to identify potential resources from a sales and delivery perspective in the Petroleum Liquid Feedstock market.

In the final section of the Petroleum Liquid Feedstock report, a competitive landscape of the Petroleum Liquid Feedstock market has been included to provide report audiences with a dashboard view, categorised on the basis of providers present in the value chain, their presence in the Petroleum Liquid Feedstock market and key differentiating factors and strategies. The primary category of providers covered in the report includes Petroleum Liquid Feedstock manufacturers. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the Petroleum Liquid Feedstock market. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors on the basis of the in-depth assessment of their capabilities and success in the Petroleum Liquid Feedstock marketplace. Detailed profiles of providers have also been included under the scope of the Petroleum Liquid Feedstock report to evaluate their long- and short-term strategies, key offerings and recent developments in the Petroleum Liquid Feedstock market. Examples of some of the key competitors in the Petroleum Liquid Feedstock report are BP p.l.c., Exxon Mobil Corporation, TOTAL S.A., Royal Dutch Shell plc and China Petroleum & Chemical Corporation, among others.

Petroleum Liquid Feedstock Market Reports - Table of Contents

Petroleum Liquid Feedstock Market Reports - List of Tables

  1. Global Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, 2013-2018

  2. Global Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, 2019-2027

  3. Global Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume and Y-o-Y, 2018-2027

  4. Global Naphtha Segment Value (US$ Mn) & Volume, By Region 2013-2018

  5. Global Naphtha Segment Value (US$ Mn) & Volume, By Region 2019-2027

  6. Global Naphtha Segment Market Share, By Region 2013-2018

  7. Global Naphtha Segment Market Share, By Region 2019-2027

  8. Global Naphtha Segment Y-o-Y, By Region 2018-2027

  9. Global Gasoil Segment Value (US$ Mn) & Volume, By Region 2013-2018

  10. Global Gasoil Segment Value (US$ Mn) & Volume, By Region 2019-2027

  11. Global Gasoil Segment Market Share, By Region 2013-2018

  12. Global Gasoil Segment Market Share, By Region 2019-2027

  13. Global Gasoil Segment Y-o-Y, By Region 2018-2027

  14. Global Aromatics Segment Value (US$ Mn) & Volume, By Region 2013-2018

  15. Global Aromatics Segment Value (US$ Mn) & Volume, By Region 2019-2027

  16. Global Aromatics Segment Market Share, By Region 2013-2018

  17. Global Aromatics Segment Market Share, By Region 2019-2027

  18. Global Aromatics Segment Y-o-Y, By Region 2018-2027

  19. Global Olefins Segment Value (US$ Mn) & Volume, By Region 2013-2018

  20. Global Olefins Segment Value (US$ Mn) & Volume, By Region 2019-2027

  21. Global Olefins Segment Market Share, By Region 2013-2018

  22. Global Olefins Segment Market Share, By Region 2019-2027

  23. Global Olefins Segment Y-o-Y, By Region 2018-2027

  24. Global Urea Segment Value (US$ Mn) & Volume, By Region 2013-2018

  25. Global Urea Segment Value (US$ Mn) & Volume, By Region 2019-2027

  26. Global Urea Segment Market Share, By Region 2013-2018

  27. Global Urea Segment Market Share, By Region 2019-2027

  28. Global Urea Segment Y-o-Y, By Region 2018-2027

  29. North America Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Country 2013-2018

  30. North America Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Country 2019-2027

  31. North America Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Type 2013-2018

  32. North America Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Type 2019-2027

  33. North America Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Application 2013-2018

  34. North America Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Application 2019-2027

  35. Latin America Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Country 2013-2018

  36. Latin America Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Country 2019-2027

  37. Latin America Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Type 2013-2018

  38. Latin America Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Type 2019-2027

  39. Latin America Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Application 2013-2018

  40. Latin America Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Application 2019-2027

  41. Europe Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Country 2013-2018

  42. Europe Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Country 2019-2027

  43. Europe Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Type 2013-2018

  44. Europe Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Type 2019-2027

  45. Europe Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Application 2013-2018

  46. Europe Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Application 2019-2027

  47. China  Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Country 2013-2018

  48. China  Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Country 2019-2027

  49. China  Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Type 2013-2018

  50. China  Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Type 2019-2027

  51. China  Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Application 2013-2018

  52. China  Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Application 2019-2027

  53. APEC Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Country 2013-2018

  54. APEC Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Country 2019-2027

  55. APEC Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Type 2013-2018

  56. APEC Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Type 2019-2027

  57. APEC Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Application 2013-2018

  58. APEC Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Application 2019-2027

  59. MEA Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Country 2013-2018

  60. MEA Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Country 2019-2027

  61. MEA Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Type 2013-2018

  62. MEA Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Type 2019-2027

  63. MEA Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Application 2013-2018

  64. MEA Petroleum Liquid Feedstock Market Value (US$ Mn) & Volume, By Application 2019-2027

Petroleum Liquid Feedstock Market Reports - List of Figures

  1. Global Petroleum Liquid Feedstock Market Value (US$ Mn), 2013-2018

  2. Global Petroleum Liquid Feedstock Market Value (US$ Mn) Forecast, 2019-2027

  3. Figure 3: Global Petroleum Liquid Feedstock Market Value (US$ Mn) and Y-o-Y, 2018-2027

  4. Global Naphtha Segment Market Value (US$ Mn) By Region, 2013-2018

  5. Global Naphtha Segment Market Value (US$ Mn) By Region, 2019-2027

  6. Global Naphtha Segment Y-o-Y Growth Rate, By Region, 2018-2027

  7. Global Gasoil Segment Market Value (US$ Mn) By Region, 2013-2018

  8. Global Gasoil Segment Market Value (US$ Mn) By Region, 2019-2027

  9. Global Gasoil Segment Y-o-Y Growth Rate, By Region, 2018-2027

  10. Global Aromatics Segment Market Value (US$ Mn) By Region, 2013-2018

  11. Global Aromatics Segment Market Value (US$ Mn) By Region, 2019-2027

  12. Global Aromatics Segment Y-o-Y Growth Rate, By Region, 2018-2027

  13. Global Olefins Segment Market Value (US$ Mn) By Region, 2013-2018

  14. Global Olefins Segment Market Value (US$ Mn) By Region, 2019-2027

  15. Global Olefins Segment Y-o-Y Growth Rate, By Region, 2018-2027

  16. Global Urea Segment Market Value (US$ Mn) By Region, 2013-2018

  17. Global Urea Segment Market Value (US$ Mn) By Region, 2019-2027

  18. Global Urea Segment Y-o-Y Growth Rate, By Region, 2018-2027

  19. North America Petroleum Liquid Feedstock Market Value (US$ Mn), By Country 2013-2018

  20. North America Petroleum Liquid Feedstock Market Value (US$ Mn), By Country 2019-2027

  21. North America Petroleum Liquid Feedstock Market Value (US$ Mn), By Type 2013-2018

  22. North America Petroleum Liquid Feedstock Market Value (US$ Mn), By Type 2019-2027

  23. North America Petroleum Liquid Feedstock Market Value (US$ Mn), By Application 2013-2018

  24. North America Petroleum Liquid Feedstock Market Value (US$ Mn), By Application 2019-2027

  25. Latin America Petroleum Liquid Feedstock Market Value (US$ Mn), By Country 2013-2018

  26. Latin America Petroleum Liquid Feedstock Market Value (US$ Mn), By Country 2019-2027

  27. Latin America Petroleum Liquid Feedstock Market Value (US$ Mn), By Type 2013-2018

  28. Latin America Petroleum Liquid Feedstock Market Value (US$ Mn), By Type 2019-2027

  29. Latin America Petroleum Liquid Feedstock Market Value (US$ Mn), By Application 2013-2018

  30. Latin America Petroleum Liquid Feedstock Market Value (US$ Mn), By Application 2019-2027

  31. Europe Petroleum Liquid Feedstock Market Value (US$ Mn), By Country 2013-2018

  32. Europe Petroleum Liquid Feedstock Market Value (US$ Mn), By Country 2019-2027

  33. Europe Petroleum Liquid Feedstock Market Value (US$ Mn), By Type 2013-2018

  34. Europe Petroleum Liquid Feedstock Market Value (US$ Mn), By Type 2019-2027

  35. Europe Petroleum Liquid Feedstock Market Value (US$ Mn), By Application 2013-2018

  36. Europe Petroleum Liquid Feedstock Market Value (US$ Mn), By Application 2019-2027

  37. China  Petroleum Liquid Feedstock Market Value (US$ Mn), By Country 2013-2018

  38. China  Petroleum Liquid Feedstock Market Value (US$ Mn), By Country 2019-2027

  39. China  Petroleum Liquid Feedstock Market Value (US$ Mn), By Type 2013-2018

  40. China  Petroleum Liquid Feedstock Market Value (US$ Mn), By Type 2019-2027

  41. China  Petroleum Liquid Feedstock Market Value (US$ Mn), By 2013-2018

  42. China  Petroleum Liquid Feedstock Market Value (US$ Mn), By Application 2019-2027

  43. APEC Petroleum Liquid Feedstock Market Value (US$ Mn), By Country 2013-2018

  44. APEC Petroleum Liquid Feedstock Market Value (US$ Mn), By Country 2019-2027

  45. APEC Petroleum Liquid Feedstock Market Value (US$ Mn), By Type 2013-2018

  46. APEC Petroleum Liquid Feedstock Market Value (US$ Mn), By Type 2019-2027

  47. APEC Petroleum Liquid Feedstock Market Value (US$ Mn), By Application 2013-2018

  48. APEC Petroleum Liquid Feedstock Market Value (US$ Mn), By Application 2019-2027

  49. MEA Petroleum Liquid Feedstock Market Value (US$ Mn), By Country 2013-2018

  50. MEA Petroleum Liquid Feedstock Market Value (US$ Mn), By Country 2019-2027

  51. MEA Petroleum Liquid Feedstock Market Value (US$ Mn), By Type 2013-2018

  52. MEA Petroleum Liquid Feedstock Market Value (US$ Mn), By Type 2019-2027

  53. MEA Petroleum Liquid Feedstock Market Value (US$ Mn), By Application 2013-2018

  54. MEA Petroleum Liquid Feedstock Market Value (US$ Mn), By Application 2019-2027

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