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The Global Vacuum Gas Oil Market Report 2019 is a professional and in-depth study on the current state of the Vacuum Gas Oil Market.
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.
Vacuum Gas Oil Market Forecasts 2019-2025 & Explore information Globally by Leading Top Key Players Analysis – 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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According to the Segmentation of types, all the market of Vacuum Gas Oil (VGO) can be divided as follows: The first kind need to mention is Light Vacuum Gas Oil (LVGO), it holds a comparatively larger share in global market, which accounts for about 62.03% in 2018. The following is Heavy Vacuum Gas Oil (HVGO) took 37.97% market share in 2018.Vacuum Gas Oil (VGO) main application area is Gasoline Production. In 2018, this sector hold a market share of 56.79%. Then followed by the Diesel / Kerosene Production which account for 43.21%. From the view of region, Europe is the largest export area and North America appears as the largest consume. Any changes from North America, which share a 41.79% market share in 2018, might affect the development trend of Vacuum Gas Oil (VGO).
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Vacuum Gas Oil(VGO) Breakdown Data by Type
- Heavy Vacuum Gas Oil (HVGO)
- Light Vacuum Gas Oil (LVGO)
In 2018, Light Vacuum Gas Oil (LVGO) accounted for a major share of 62% in the global Vacuum Gas Oil(VGO)market. And this product segment is poised to reach 1689 M USD by 2025 from 1083 M USD in 2018.
Vacuum Gas Oil(VGO) Breakdown Data by Application
- Gasoline Production
- Diesel / Kerosene Production
In Vacuum Gas Oil(VGO)market, Gasoline Production segment holds an important share in terms of application, and it is expected to reach a volume of 3163.7 (K Tons) by 2025, at a CAGR of 4.03% during 2018 and 2025. It means that Vacuum Gas Oil(VGO) will be promising in the Gasoline Production field in the next couple of years.
With the list of tables and figures the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
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The study objectives are:
To analyze and research the global Vacuum Gas Oil(VGO) status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Vacuum Gas Oil(VGO) manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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