The worldwide oil refining market was valued at some 1.5 trillion U.S. dollars in 2023. Crude refining is expected to grow in the coming decade as demand for transportation fuels, lubricants, and other petroleum products is set to increase further.
Market size of the crude oil refining industry worldwide in 2023, with a forecast for 2032
(in billion U.S. dollars)
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EMR. (January 17, 2024). Market size of the crude oil refining industry worldwide in 2023, with a forecast for 2032 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1445598/global-oil-refining-market-size-forecast/
EMR. "Market size of the crude oil refining industry worldwide in 2023, with a forecast for 2032 (in billion U.S. dollars)." Chart. January 17, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1445598/global-oil-refining-market-size-forecast/
EMR. (2024). Market size of the crude oil refining industry worldwide in 2023, with a forecast for 2032 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1445598/global-oil-refining-market-size-forecast/
EMR. "Market Size of The Crude Oil Refining Industry Worldwide in 2023, with a Forecast for 2032 (in Billion U.S. Dollars)." Statista, Statista Inc., 17 Jan 2024, https://www.statista.com/statistics/1445598/global-oil-refining-market-size-forecast/
EMR, Market size of the crude oil refining industry worldwide in 2023, with a forecast for 2032 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1445598/global-oil-refining-market-size-forecast/ (last visited December 21, 2024)
Market size of the crude oil refining industry worldwide in 2023, with a forecast for 2032 (in billion U.S. dollars) [Graph], EMR, January 17, 2024. [Online]. Available: https://www.statista.com/statistics/1445598/global-oil-refining-market-size-forecast/
