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
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Executive Dashboard
- Strategic Imperatives
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Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global Vacuum Gas Oil Market - Segment Analysis
- Overview
- Global Vacuum Gas Oil Market, 2016 - 2028 (USD Million)
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Global Vacuum Gas Oil Market - by Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
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Global Vacuum Gas Oil Market - by Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
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Global Vacuum Gas Oil Market - by Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
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Global Vacuum Gas Oil Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Vacuum Gas Oil Market - Segment Analysis
- Overview
- North America Vacuum Gas Oil Market, 2016 - 2028 (USD Million)
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North America Vacuum Gas Oil Market, by Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
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North America Vacuum Gas Oil Market, by Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
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North America Vacuum Gas Oil Market, by Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
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North America Vacuum Gas Oil Market, by Country
- U.S.
- U.S. Vacuum Gas Oil Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- U.S. Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- U.S. Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- U.S. Vacuum Gas Oil Market, By Product
- Canada
- Canada Vacuum Gas Oil Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- Canada Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- Canada Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- Canada Vacuum Gas Oil Market, By Product
- Mexico
- Mexico Vacuum Gas Oil Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- Mexico Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- Mexico Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- Mexico Vacuum Gas Oil Market, By Product
- U.S.
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Europe Vacuum Gas Oil Market - Segment Analysis
- Overview
- Europe Vacuum Gas Oil Market, 2016 - 2028 (USD Million)
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Europe Vacuum Gas Oil Market, by Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
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Europe Vacuum Gas Oil Market, by Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
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Europe Vacuum Gas Oil Market, by Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
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Europe Vacuum Gas Oil Market, by Country
- Germany
- Germany Vacuum Gas Oil Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- Germany Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- Germany Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- Germany Vacuum Gas Oil Market, By Product
- UK
- UK Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- UK Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- UK Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- UK Market, By Product
- France
- France Vacuum Gas Oil Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- France Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- France Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- France Vacuum Gas Oil Market, By Product
- Spain
- Spain Vacuum Gas Oil Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- Spain Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- Spain Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- Spain Vacuum Gas Oil Market, By Product
- Italy
- Italy Vacuum Gas Oil Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- Italy Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- Italy Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- Italy Vacuum Gas Oil Market, By Product
- BENELUX
- BENELUX Vacuum Gas Oil Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- BENELUX Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- BENELUX Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- BENELUX Vacuum Gas Oil Market, By Product
- Rest of Europe
- Rest Of Europe Vacuum Gas Oil Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- Rest Of Europe Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- Rest Of Europe Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- Rest Of Europe Vacuum Gas Oil Market, By Product
- Germany
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Asia Pacific Vacuum Gas Oil Market - Segment Analysis
- Overview
- Asia Pacific Vacuum Gas Oil Market, 2016 - 2028 (USD Million)
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Asia Pacific Vacuum Gas Oil Market, by Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
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Asia Pacific Vacuum Gas Oil Market, by Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
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Asia Pacific Vacuum Gas Oil Market, by Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
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Asia Pacific Vacuum Gas Oil Market, by Country
- China
- China Vacuum Gas Oil Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- China Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- China Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- China Vacuum Gas Oil Market, By Product
- Japan
- Japan Vacuum Gas Oil Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- Japan Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- Japan Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- Japan Vacuum Gas Oil Market, By Product
- India
- India Vacuum Gas Oil Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- India Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- India Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- India Vacuum Gas Oil Market, By Product
- South Korea
- South Korea Vacuum Gas Oil Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- South Korea Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- South Korea Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- South Korea Vacuum Gas Oil Market, By Product
- South East Asia
- South East Asia Vacuum Gas Oil Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- South East Asia Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- South East Asia Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By 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
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- Rest of Asia Pacific Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- Rest of Asia Pacific Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- Rest of Asia Pacific Vacuum Gas Oil Market, By Product
- China
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Latin America Vacuum Gas Oil Market - Segment Analysis
- Overview
- Latin America Vacuum Gas Oil Market, 2016 - 2028 (USD Million)
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Latin America Vacuum Gas Oil Market, by Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
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Latin America Vacuum Gas Oil Market, by Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
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Latin America Vacuum Gas Oil Market, by Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
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Latin America Vacuum Gas Oil Market, by Country
- Brazil
- Brazil Vacuum Gas Oil Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- Brazil Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- Brazil Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- Brazil Vacuum Gas Oil Market, By Product
- Argentina
- Argentina Vacuum Gas Oil Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- Argentina Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- Argentina Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By 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
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- Rest of Latin America Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- Rest of Latin America Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- Rest of Latin America Vacuum Gas Oil Market, By Product
- Brazil
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Middle East & Africa Vacuum Gas Oil Market - Segment Analysis
- Overview
- Middle East & Africa Vacuum Gas Oil Market, 2016 - 2028 (USD Million)
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Middle East & Africa Vacuum Gas Oil Market, by Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
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Middle East & Africa Vacuum Gas Oil Market, by Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
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Middle East & Africa Vacuum Gas Oil Market, by Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
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Middle East & Africa Vacuum Gas Oil Market, by Country
- GCC Countries
- GCC Countries Vacuum Gas Oil Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- GCC Countries Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- GCC Countries Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- GCC Countries Vacuum Gas Oil Market, By Product
- South Africa
- South Africa Vacuum Gas Oil Market, By Product
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- South Africa Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- South Africa Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By 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
- By Heavy Vacuum Gas Oil
- By Light Vacuum Gas Oil
- Rest of Middle East & Africa Vacuum Gas Oil Market, By Sulfur Content
- By Low Sulfur VGO
- By High Sulfur VGO
- Rest of Middle East & Africa Vacuum Gas Oil Market, By Application
- By Gasoline Production
- By Diesel Oil/Kerosene Production
- Rest of Middle East & Africa Vacuum Gas Oil Market, By Product
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- 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
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for Vacuum Gas Oil in terms of revenue?
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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?
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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?
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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.
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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?
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Asia Pacific was the leading regional segment of the Vacuum Gas Oil in 2022.