Mercado global de óleo de gás de vácuo pesado – Tendências da indústria e previsão para 2031

Análise e dimensão do mercado de óleo de gás de vácuo pesado

Os factores essenciais que contribuem para o crescimento do mercado no período previsto de 2024 a 2031 incluem o aumento da procura de produtos refinados, como a gasolina  e o gasóleo, impulsionado pela industrialização e urbanização. Além disso, os investimentos em tecnologias de refinação e em investigação e desenvolvimento contribuem para melhorar a eficiência e a qualidade dos produtos. Além disso, o aumento das necessidades energéticas nas economias emergentes e a expansão da capacidade de refinação em regiões como o Médio Oriente estimulam ainda mais o crescimento do mercado.

A Data Bridge Market Research analisa que o mercado global de gasóleo pesado de vácuo, que foi de 599,20 milhões de dólares em 2023, deverá atingir os 912,63 milhões de dólares até 2031, crescendo a um CAGR de 5,4% durante o período de previsão de 2024 a 2031. Além de os insights sobre cenários de mercado, tais como valor de mercado, taxa de crescimento, segmentação, cobertura geográfica e grandes players, os relatórios de mercado com curadoria da Data Bridge Market Research também incluem análises especializadas aprofundadas , produção e capacidade da empresa representada geograficamente, rede layouts de distribuidores e parceiros, análise detalhada e atualizada das tendências de preços e análise do défice da cadeia de abastecimento e da procura.

Âmbito do relatório e segmentação de mercado

Definição de mercado

Heavy Vacuum Gas Oil (HVGO) is a type of petroleum distillate obtained from the vacuum distillation process, characterized by its relatively high boiling point and viscosity. It finds application primarily in the production of various refined petroleum products, including diesel fuel, heating oil, and asphalt. Owing to its composition, Heavy Vacuum Gas Oil (HVGO) is an essential feedstock in refinery processes like fluid catalytic cracking (FCC) and hydrocracking, where it is further transformed into higher-value products such as gasoline and lighter distillates. Its utilization in these processes helps maximize the yield of desirable end products while enhancing the overall efficiency of petroleum refining operations.

Heavy Vacuum Gas Oil Market Dynamics

Drivers

• Increasing Demand for Gasoline and Diesel

HVGO is a crucial feedstock used in refineries to produce these fuels through various refining processes. With growing urbanization, industrialization, and transportation needs worldwide, the demand for gasoline and diesel continues to rise steadily. Consequently, refineries require larger quantities of HVGO to meet this demand. Moreover, HVGO's high yield of valuable products like gasoline and diesel makes it a preferred feedstock in the refining industry. As a result, the increasing demand for gasoline and diesel fuels directly correlates with the growth of the global HVGO market.

• Rising Energy Needs in Emerging Economies

Emerging economies, characterized by rapid industrialization and urbanization, exhibit growing demand for energy resources to fuel their economic growth and development. HVGO serves as a vital feedstock in refineries to produce various energy products, including gasoline, diesel, and heating oil, which are essential for meeting the rising energy needs of these economies. As emerging economies continue to expand, the demand for HVGO as a feedstock for refining processes is expected to increase, driving growth in the global HVGO market in response to the escalating energy demands of these regions.

Opportunities

• Rising Investments in Research and Development

R&D efforts focus on developing innovative technologies and refining processes to enhance the efficiency and yield of HVGO conversion into valuable products such as gasoline, diesel, and petrochemicals. By investing in research and development, companies can enhance their refining operations, lower production costs, and elevate product quality. Moreover, advancements in R&D can lead to the discovery of new catalysts and process improvements that enable more efficient utilization of HVGO, thereby increasing its competitiveness in the market. Overall, rising investments in R&D offer the potential to drive growth and innovation in the market.

• Escalating Global Demand for Refined Products

HVGO serves as a crucial feedstock in refineries for producing high-value refined products such as gasoline, diesel, and heating oil. With increasing industrialization, urbanization, and transportation needs worldwide, the demand for these refined products continues to rise steadily. Consequently, the demand for HVGO as a feedstock also increases. This trend creates opportunities for HVGO producers and refineries to expand their production capacity, meet the growing demand for refined products, and capitalize on the lucrative market opportunities presented by the escalating global demand for refined products.

Restraint/Challenge

• Strict Mandates by Global Organizations on VGO Composition and Emission Content

The mandates aim to reduce air pollution and greenhouse gas emissions by imposing stringent limits on the sulfur content and other harmful pollutants present in refined products derived from HVGO, such as gasoline and diesel. Compliance with these regulations requires costly upgrades to refining processes and investments in emission control technologies, increasing production costs for HVGO. In addition, failure to meet these mandates can result in penalties and fines, damaging the reputation and profitability of HVGO producers. As a result, strict mandates on VGO composition and emission content pose significant challenges and constraints in the global HVGO market.

• Fluctuating Crude Oil Prices

HVGO is a byproduct of crude oil refining, and its pricing is closely linked to the price of crude oil. When crude oil prices fluctuate, the cost of producing HVGO also fluctuates, impacting the profitability of HVGO producers and refineries. Moreover, fluctuating crude oil prices affect the competitiveness of HVGO-derived products such as gasoline and diesel in the market. High crude oil prices can lead to increased production costs and higher product prices, potentially reducing demand for HVGO-derived products. Conversely, low crude oil prices may result in margin compression for HVGO producers, limiting their profitability and investment capabilities. Overall, fluctuating crude oil prices present a persistent challenge in the global HVGO market.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the surgical microscopes market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In December 2022, The Volgograd refinery, owned by PJSC LUKOIL, finished a major makeover. They upgraded the CDU-VDU-5 unit, which could process 3.5 million tonnes of crude oil yearly, and the solvent extraction unit, which could handle 300 thousand tonnes annually
• In December 2021, PJSC LUKOIL and PJSC Gazprom Neft signed a deal where LUKOIL bought half of Meretoyakhaneftegaz LLC, which was previously owned entirely by Gazprom Neft. This agreement was part of their plan to team up and develop a big oil and gas project in the Nadym-Pur-Tazovsky region of the Yamal-Nenets Autonomous District          

Heavy Vacuum Gas Oil Market Scope

The market is segmented on the basis sulfur content and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Sulfur Content

• Low Sulfur Vacuum Gas Oil
• High Sulfur Vacuum Gas Oil

Application

• Gasoline Production
• Diesel Oil/Kerosene Production
• Others

Heavy Vacuum Gas Oil Market Regional Analysis/Insights

The market is analysed and market size insights and trends are provided by country, category, sulfur content and application as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, and Rest of Middle East and Africa.

A região do Médio Oriente domina o mercado devido às suas abundantes reservas de petróleo bruto e à extensa capacidade de refinação. Países como a Arábia Saudita, os Emirados Árabes Unidos e o Irão possuem grandes refinarias que produzem quantidades significativas de gasóleo pesado de vácuo para exportação.

A região Ásia-Pacífico está a crescer com a maior taxa de crescimento anual composta (CAGR) no mercado global de gasóleo pesado de vácuo. Este crescimento é impulsionado principalmente pela rápida industrialização, urbanização e aumento da procura de produtos refinados em países como a China, a Índia e a Coreia do Sul.

A secção do país do relatório também fornece fatores individuais de impacto no mercado e alterações nas regulamentações do mercado interno que impactam as tendências atuais e futuras do mercado. Pontos de dados como a análise da cadeia de valor a jusante e a montante, tendências técnicas e análise das cinco forças de Porter, estudos de caso são alguns dos indicadores utilizados para prever o cenário de mercado para países individuais. Além disso, são considerados a presença e disponibilidade de marcas globais e os desafios enfrentados devido à grande ou escassa concorrência de marcas locais e nacionais, o impacto das tarifas nacionais e das rotas comerciais, ao mesmo tempo que se fornece uma análise de previsão dos dados do país.   

Análise do cenário competitivo e da quota de mercado do petróleo a gás de vácuo pesado

O cenário competitivo do mercado fornece detalhes por concorrente. Os detalhes incluídos são a visão geral da empresa, finanças da empresa, receitas geradas, potencial de mercado, investimento em investigação e desenvolvimento, novas iniciativas de mercado, presença global, localizações e instalações de produção, capacidades de produção, pontos fortes e fracos da empresa , lançamento de produto, largura e amplitude do produto, aplicação domínio. Os dados acima fornecidos estão apenas relacionados com o foco das empresas em relação ao mercado.

Alguns dos principais players que operam no mercado são:

• LUKOIL (Rússia)
• TAIF-NK (Rússia)
• KazMunayGas (Cazaquistão)
• Produtos Especiais Axeon (EUA)
• Neste (Finlândia)
• Refino de vértice (EUA)
• Honeywell UOP (EUA)
• Gazprom Neft (Rússia)
• Kuwait Petroleum Corporation (Kuwait)
• Corporação Petroquímica de Zhejiang (China)
• US Oil & Refining Co. (EUA)

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