Petroleum Distillates Market
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Petroleum Distillates Market Size and Growth
The global petroleum distillates market exhibits steady growth, driven by increasing industrial demand and fuel consumption. The market size is projected to reach approximately $250 billion by 2026, with a CAGR of around 4.3%. Key trends include rising environmental regulations and a shift towards cleaner energy alternatives impacting production and consumption patterns.
Companies Covered
(Covid 19 Impact Covered)
◍ ExxonMobil
◍ Kolon
◍ Eastman
◍ Formosan Union
◍ IDEMITSU
◍ China Petroleum Lanzhou Chemical
◍ Heyun Group
◍ Hebei Qiming
◍ Zhejiang Henghe
◍ Puyang Shenghong Chemical
The Petroleum Distillates Market features major players like ExxonMobil, Kolon, and Eastman, which leverage distillates for fuels and chemicals. Firms like IDEMITSU and Formosan Union innovate in production efficiency. Growth is driven by expanding applications, strategic partnerships, and rising energy demands, enhancing market revenue opportunities.
Sales Revenue Highlights:
- ExxonMobil: $413.5 billion (2022)
- Eastman: $10.6 billion (2022)
- IDEMITSU: $45.6 billion (2022) Request Sample Report
Market Segmentation
By Application
◍ Synthetic Rubber
◍ Adhesive Components
◍ Polymers & Specialties
By Product
◍ Isoprene Derivatives
◍ Low /Intermediate Purity Dicyclopentadiene
◍ High Purity Dicyclopentadiene
◍ Ultrapure Dicyclopentadiene
◍ Piperylene Concentrate
◍ Isoamylenes
◍ Pentanes
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Market Growth
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$ X Billion USD
