Vacuum Gas Oil Market
Vacuum Gas Oil Market - Global Industry Assessment & Forecast
Segments Covered
- By Product Heavy Vacuum Gas Oil, Light Vacuum Gas Oil
- By Sulfur Content Low Sulfur VGO, High Sulfur VGO
- By Application Gasoline Production, Diesel Oil/Kerosene Production
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 388.44 Billion |
Revenue 2030: | USD 560.91 Billion |
Revenue CAGR (2023 - 2030): | 4.70% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Vacuum Gas Oil Market Segment Analysis
- Vacuum Gas Oil Product Outlook (Revenue, USD Million, 2018 - 2030)
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- Vacuum Gas Oil Sulfur Content Outlook (Revenue, USD Million, 2018 - 2030)
- Low Sulfur VGO
- High Sulfur VGO
- Vacuum Gas Oil Application Outlook (Revenue, USD Million, 2018 - 2030)
- Gasoline Production
- Diesel Oil/Kerosene Production
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
-
North America Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
-
North America Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- U.S.
- U.S. Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- U.S. Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- U.S. Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- U.S. Vacuum Gas Oil Market, by Product
- Canada
- Canada Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- Canada Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- Canada Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- Canada Vacuum Gas Oil Market, by Product
-
Mexico
- Mexico Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- Mexico Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- Mexico Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- Mexico Vacuum Gas Oil Market, by Product
-
North America Vacuum Gas Oil Market, by Product
- Europe
-
Europe Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
-
Europe Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
-
Europe Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- U. K.
- U.K. Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- U.K. Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- U.K. Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- U.K. Vacuum Gas Oil Market, by Product
- France
- France Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- France Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- France Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- France Vacuum Gas Oil Market, by Product
-
Germany
- Germany Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- Germany Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- Germany Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- Germany Vacuum Gas Oil Market, by Product
-
Italy
- Italy Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- Italy Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- Italy Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- Italy Vacuum Gas Oil Market, by Product
-
Spain
- Spain Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- Spain Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- Spain Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- Spain Vacuum Gas Oil Market, by Product
-
Rest of Europe
- Rest of Europe Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- Rest of Europe Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- Rest of Europe Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- Rest of Europe Vacuum Gas Oil Market, by Product
-
Europe Vacuum Gas Oil Market, by Product
- Asia Pacific
-
Asia Pacific Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
-
Asia Pacific Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
-
Asia Pacific Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- China
- China Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- China Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- China Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- China Vacuum Gas Oil Market, by Product
- Japan
- Japan Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- Japan Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- Japan Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- Japan Vacuum Gas Oil Market, by Product
-
Germany
- Germany Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- Germany Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- Germany Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- Germany Vacuum Gas Oil Market, by Product
-
India
- India Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- India Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- India Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- India Vacuum Gas Oil Market, by Product
-
South Korea
- South Korea Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- South Korea Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- South Korea Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- South Korea Vacuum Gas Oil Market, by Product
-
South East Asia
- South East Asia Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- South East Asia Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- South East Asia Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- South East Asia Vacuum Gas Oil Market, by Product
-
Rest of Asia Pacific
- Rest of Asia Pacific Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- Rest of Asia Pacific Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- Rest of Asia Pacific Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- Rest of Asia Pacific Vacuum Gas Oil Market, by Product
-
Asia Pacific Vacuum Gas Oil Market, by Product
- Latin America
-
Latin America Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
-
Latin America Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
-
Latin America Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- Brazil
- Brazil Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- Brazil Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- Brazil Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- Brazil Vacuum Gas Oil Market, by Product
- Argentina
- Argentina Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- Argentina Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- Argentina Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- Argentina Vacuum Gas Oil Market, by Product
-
Rest of Latin America
- Rest of Latin America Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- Rest of Latin America Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- Rest of Latin America Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- Rest of Latin America Vacuum Gas Oil Market, by Product
-
Latin America Vacuum Gas Oil Market, by Product
- Middle East & Africa
-
Middle East & Africa Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
-
Middle East & Africa Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
-
Middle East & Africa Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- GCC Countries
- GCC Countries Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- GCC Countries Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- GCC Countries Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- GCC Countries Vacuum Gas Oil Market, by Product
- South Africa
- South Africa Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- South Africa Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- South Africa Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- South Africa Vacuum Gas Oil Market, by Product
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Vacuum Gas Oil Market, by Product
- Heavy Vacuum Gas Oil
- Light Vacuum Gas Oil
- Rest of Middle East & Africa Vacuum Gas Oil Market, by Sulfur Content
- Low Sulfur VGO
- High Sulfur VGO
- Rest of Middle East & Africa Vacuum Gas Oil Market, by Application
- Gasoline Production
- Diesel Oil/Kerosene Production
- Rest of Middle East & Africa Vacuum Gas Oil Market, by Product
-
Middle East & Africa Vacuum Gas Oil Market, by Product
- North America
FAQ
Frequently Asked Question
What is the global demand for Vacuum Gas Oil in terms of revenue?
-
The global Vacuum Gas Oil valued at USD 388.44 Billion in 2022 and is expected to reach USD 560.91 Billion in 2030 growing at a CAGR of 4.70%.
Which are the prominent players in the market?
-
The prominent players in the market are TAIF-NK, Kuwait Petroleum Corporation, Exxon Mobil Corporation, KazMunayGas, Axeon Specialty Products, U.S. Oil & Refining Co., Royal Dutch Shell, Zhejiang Petrochemical Corporation, Neste, Solis Oil, Vertex Energy Inc., LUKOIL.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.70% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Vacuum Gas Oil include
- Growing Use of Diesel Indirectly Boosts Market Growth
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Vacuum Gas Oil in 2022.