Global Vacuum Gas Oil?VGO? Market Growth 2019-2024

Research By Markets adds Market Research Report - Global Vacuum Gas Oil?VGO? Market Growth 2019-2024

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According to this study, over the next five years the Vacuum Gas Oil?VGO? market will register a 5.8% CAGR in terms of revenue, the global market size will reach US$ 2078.4 million by 2024, from US$ 1656.9 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Vacuum Gas Oil?VGO? business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Vacuum Gas Oil?VGO? market by product type, application, key manufacturers and key regions and countries.

This study considers the Vacuum Gas Oil?VGO? value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Heavy Vacuum Gas Oil (HVGO)
Light Vacuum Gas Oil (LVGO)

In 2018, Light Vacuum Gas Oil (LVGO) accounted for a major share of 62% in the global Vacuum Gas Oil?VGO?market. And this product segment is poised to reach 1689 M USD by 2025 from 1083 M USD in 2018.

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Gasoline Production
Diesel / Kerosene Production

In Vacuum Gas Oil?VGO?market, Gasoline Production segment holds an important share in terms of application, and it is expected to reach a volume of 3163.7 (K Tons) by 2025, at a CAGR of 4.03% during 2018 and 2025. It means that Vacuum Gas Oil?VGO? will be promising in the Gasoline Production field in the next couple of years.

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
U.S. Oil & Refining
Axeon Specialty Products
Kuwait Petroleum Corporation (KPC)
KazMunayGas (KMG)
Marathon Oil
Integrated Refinery Petrochemical Complex (IRPC)

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Vacuum Gas Oil?VGO? consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Vacuum Gas Oil?VGO? market by identifying its various subsegments.
Focuses on the key global Vacuum Gas Oil?VGO? manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Vacuum Gas Oil?VGO? with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Vacuum Gas Oil?VGO? submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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