oil refining market 2025|industry size trends

This analysis looks at several major refinery investments with plans to enter service through 2028, their collective refined product output, and their meaning for global crude oil and refined

TheWorld Oil Refining Industry 2025: Oil Refining Market Trends, Challenges and Outlook to 2030, Featuring ExxonMobil, TotalEnergies, BP

Oil Refining Market Size & Trends The global oil refining market was valued at USD 1,687.7 billion in 2025 and is expected to grow at a CAGR of 4.28% over

The oil refining market size exceeded USD 7.2 trillion in 2025 and is anticipated to exhibit 1.6% CAGR between 2025 and 2034, driven by rising energy demand

Dublin, Jan. 30, 2025 (GLOBE NEWSWIRE) -- The "World Oil Refining Industry 2025 Oil Refining Market Trends, Challenges and Outlook to 2030" report has been added to

The global oil refining market, valued at USD 1,917.52 billion in 2025, is projected to reach USD 2,800.91 billion by 2034, growing at a CAGR

With the increasing consumption of oil refined products throughout the world, the demand in the global oil refinery market has correspondingly increased. Based on the product, the market is

Oil Refining Market Size Analysis The oil refining market is estimated to be valued at USD 1921.19 Bn in 2025 and is expected to reach USD 2614.47 Bn by 2032, growing at a

2 days agoOil Refining Market size, trends, and growth analysis covering global demand, technology advancements, and industry outlook. CALIFORNIA, CA, UNITED STATES, August 13, 2025 /EINPresswire

Oil Refining Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 2034 The Global Oil Refining Market reached USD 7.2 trillion in 2025 and is expected to grow at a CAGR of 1.6% between 2025 and 2034. Rapid industrialization, economic expansion, and the rising global population are fueling the demand for refined petroleum products. Developing

The 2025 Oil & Gas Industry Report provides a comprehensive analysis of a sector in transition. It balances global energy demands with

The Oil Market Report for the month of October 2025 by the International Energy Agency (IEA), explores several key factors that are shaping the oil industry in 2025 and 2025. As explained by IEA, world oil demand is on track to expand by just shy of 900,000 barrels per day (kb/d) in 2025 and close to 1 million barrels per day (mb/d) in 2025.

Oil refiners face a structural decline in demand over the next decade. Alternative sources of energy, such as electricity and biofuels, are taking a

The Oil & Gas Downstream Market size is expected to reach USD 1.18 trillion in 2025 and grow at a CAGR of 2.88% to reach USD 1.36 trillion by

(Oil Price) Declining refining margins, slowing global fuel demand growth, and uncertainty about tariffs under the incoming U.S. administration are

The global oil refining market size was USD 1,422.00 Billion in 2025 and is expected to register a revenue CAGR of 5.1% during the forecast period.

Outlook of Saudi Arabia's Oil Refining Industry and refined petroleum products beyond 2025 Forecasts of refined products production and consumption along with major refining companies, and operators.

This analysis looks at several major refinery investments with plans to enter service through 2028, their collective refined product output, and their meaning for global crude oil and refined product trade. The bulk of planned growth in refined product output is in the Asia-Pacific (mostly China and India) and the Middle East.

Expert industry market research on the Petroleum Refining in the US (2025-2030). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

Given declining oil demand and the move toward low-carbon energy sources, global refining may need to adapt to ensure that it plays a role in the accelerating energy transition.