Global Gas Oil Market Forecasts to 2025 – Growing Use of Gas Oil in Commercial and Domestic Vehicles – Research and Markets
DUBLIN–(BUSINESS WIRE)–The "Global
Gas Oil Market Size, Market Share, Application Analysis, Regional
Outlook, Growth Trends, Key Players, Competitive Strategies and
Forecasts, 2017 to 2025" report has been added to Research
and Markets' offering.
The global Gas Oil market was valued at US$ 580.9 Bn in 2016, and is
expected to each US$ 1050.8 Bn by 2030, expanding at a CAGR of 4.3% from
2016 to 2030.
The global gas oil market is projected to witness significant growth
over the forecast period. Growing use of gas oil in commercial and
domestic vehicles coupled with an increasing array of applications of
gas oil in railways, international bunkers and marine fuel is
anticipated to drive the demand for gas oil.
Further, gas oil is also used in industries for various applications
such as power generation or as a fuel in boilers, machinery and other
applications is expected to fuel the demand for gas oil. Growth in
disposable income along with increasing number of vehicle especially in
the Asia Pacific is expected to upsurge the demand for the gas oil.
However, growing environmental concerns over the emission of greenhouse
gases influencing government to impose regulatory guidelines for the
usage of gas oil which in turn is expected to restraint the demand for
gas oil. Moreover, volatile oil prices of crude oil influence the prices
for gas oil which in turn is expected to restrain the growth of global
gas oil market.
Asia Pacific was the most dominant region in 2015 and anticipated to
continue its dominance. The segment is also projected to witness fastest
growth. Followed by it, Europe was the second largest market in the
global gas oil market. Increasing consumption of gas oil in Germany,
France and U.K. is anticipated to drive the demand of gas oil in the
region.
Key Topics Covered:
1. Preface
2. Executive Summary
3. Global Gas Oil Market Dynamics
4. Global Gas Oil Market Size (Mn Tons) (US$ Bn), By Grade, 2011
– 2030
5. Global Gas Oil Market Size (Mn Tons) (US$ Bn), By Geography,
2011 – 2030
6. Company Profiles
- BP p.l.c.
- China Petroleum & Chemical Corporation
- ExxonMobil Corporation
- Petrobas
- PetroChina Company Limited
- Royal Dutch Shell plc.
- Saudi Arabian Oil Co.
- Siraf Refineries Infrastructure Company (SRIC)
- Total
For more information about this report visit https://www.researchandmarkets.com/research/c5wnvz/global_gas_oil?w=4
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Related
Topics: Gas,
Oil