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Vacuum Gas Oil (VGO) Market Size [2022-2027] Explosive Factors of Revenue By Industry Statistics, Progression Status, Emerging Demands, Recent Trends, Business Opportunity, Share and Forecast To 2027 | Industry Research Biz
Industry Research
Industry Research

Pune, May 24, 2022 (GLOBE NEWSWIRE) -- "Final Report will add the analysis of the impact of COVID-19 on this industry."

Global “Vacuum Gas Oil (VGO) Market” Research Report 2022-2027 is a historical overview and in-depth study on the current & future market of the Vacuum Gas Oil (VGO) industry. The report represents a basic overview of the Vacuum Gas Oil (VGO) market share, competitor segment with a basic introduction of key vendors, top regions, product types, and end industries. This report gives a historical overview of the Vacuum Gas Oil (VGO) market trends, growth, revenue, capacity, cost structure, and key driver’s analysis. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the Vacuum Gas Oil (VGO) market.

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Scope of the Vacuum Gas Oil (VGO) Market Report:

Vacuum Gas Oil or VGO is part of the petroleum hydrocarbon heavy distillate family. Vacuum Gas Oil also known as cat feed, which is feedstock for fluid catalytic crackers used to make gasoline, gasoil and many other by-products.
The major players in global Vacuum Gas Oil (VGO) market include Kuwait Petroleum Corporation (KPC), Axeon Specialty Products, Marathon Oil, U.S. Oil & Refining, KazMunayGas (KMG), TAIF-NK PSC, Tatneft, Rosneft, Integrated Refinery Petrochemical Complex (IRPC), etc. Top 3 companies occupied about 40% market share. Europe is the largest Vacuum Gas Oil (VGO) market with about 45% market share. USA is follower, accounting for about 25% market share. Light Vacuum Gas Oil (LVGO) is the main type, with a share about 60%. Gasoline Production is the main application, which holds a share about 55%.

Market Analysis and Insights: Global and Japan Vacuum Gas Oil (VGO) Market
This report focuses on global and Japan Vacuum Gas Oil (VGO) market.
In 2020, the global Vacuum Gas Oil (VGO) market size was US$ 1969.6 million and it is expected to reach US$ 2826.7 million by the end of 2027, with a CAGR of 5.6% during 2021-2027.

TO UNDERSTAND HOW COVID-19 IMPACT IS COVERED IN THIS REPORT

The Major Players in the Vacuum Gas Oil (VGO) Market include: The research covers the current Vacuum Gas Oil (VGO) market size and its growth rates based on 5-year records with company outline of key players/manufacturers:

  • Kuwait Petroleum Corporation (KPC)

  • Axeon Specialty Products

  • Marathon Oil

  • U.S. Oil & Refining

  • KazMunayGas (KMG)

  • TAIF-NK PSC

  • Tatneft

  • Rosneft

  • Integrated Refinery Petrochemical Complex (IRPC)


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