Vacuum Gas Oil Market by Product (Heavy Vacuum Gas Oil, Light Vacuum Gas Oil), Sulfur Content, Application, Regions, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2019 to 2026

  • Publish Date: Jul, 2019
  • Report ID: 399163
  • Category: Energy & Power
  • Pages: 250
$4700

Global vacuum gas oil market is expected to reach USD 527.21 Billion by 2026, at a CAGR of 5.37% from 2019 to 2026. Factors such as growing demand from the developed economies as well as growing use of vacuum gas oil as feedstock in fluid catalytic cracker are driving the global vacuum gas oil market.

Market Overview:

Vacuum Gas Oil or VGO belongs to the petroleum hydrocarbon heavy distillate family. Vacuum Gas Oil is also known as cat feed. VGO is one of the two outputs of the vacuum distillation tower (along with vacuum resid). VGO is the lighter material of the two. The principal use of vacuum gas oil is in the form of feed in cracking units such as the fluid catalytic cracker or the hydrocracker. These cracking units upgrade vacuum gas oil into products having greater value, i.e. gasoline and diesel. If not upgraded, vacuum gas oil is blended into residual fuel oil. Nevertheless, this is quite rare as the value of vacuum gas oil is much greater as a feed for the purpose of upgrading. Increasing demand for the oil from India and China is driving the global vacuum oil gas market.

Report Description:

  • The base year for the study has been considered 2018, historic year 2016 and 2017 and, the forecast period considered is from 2019 to 2026. The global vacuum gas oil market is analysed on the basis of value (USD Billion) volume (Kilotons), consumption (Kilotons), imports (Kilotons) and exports (Kilotons).
  • The study delivers a comprehensive analysis of global vacuum gas oil market by product, sulfur content, application and regions. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
  • Porter’s Five Forces model is used in order to recognize the competitive scenario in the global vacuum gas oil market. This report incorporates the industry analysis which is focused on providing an extensive view of the vacuum gas oil market.
  • The study also includes attractiveness analysis of Product, Sulfur Content, Application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
  • The report provides company profile of the key players operating in the vacuum gas oil market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
  • The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.

Market Dynamics:

Drivers:

  • Strong recovery in diesel
  • Rising use of VGO to supply bunker fuels

Restrains:

  • Incompatibility of VGO with other fuels

Opportunities:

  • Increasing investment on research and development activities
  • Increasing demand from the Asia Pacific region

Challenges:

  • Environmental regulations on the use of diesel

Global Vacuum Gas Oil Market Key Findings:

All the segments have been analyzed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.

Segmentation Analysis:

The global vacuum gas oil market has been segmented on the basis of product, sulfur content, and application.

  • The product segment is divided into heavy vacuum gas oil and light vacuum gas oil. The light vacuum gas oil segment is anticipated to grow at an accelerated CAGR of 7.59% over the forecast period. This increased growth can be attributed to growing use of light vacuum gas oil in cracking in order to obtain gasoline and diesel.
  • The sulfur content segment contains low sulfur VGO and high sulfur VGO. The low sulfur VGO segment led the global vacuum gas oil market with a 64.85% share of market revenue in 2018. Due to its low sulfur content, the low sulfur VGO makes an attractive blending feedstock for manufacturers targeting to get on-specification bunker fuel as per the norms of IMO.
  • The application segment is fragmented into gasoline production and diesel oil/kerosene production. As low sulfur VGO makes an excellent feedstock for obtaining the gasoline and other high-octane components, the gasoline production segment is projected to grow at the highest CAGR of 7.42% over the forecast period.

Regional Segmentation Analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. The North America region emerged as the largest market for the vacuum gas oil with a 39.78% share of market revenue in 2018.

  • On account of its huge automobile volume, the North America region is generating a burgeoning demand for the high octane gasoline. Also, presence of the well-developed refining and cracking facilities led the North America region to dominate the global vacuum gas oil market in 2018.
  • The Asia Pacific region is expected to grow at an accelerated CAGR of 7.98% over the forecast period. This increased growth rate can be attributed to the rapid industrialization and growing per capita energy demand in the region.

Global Vacuum Gas Oil Market Competitive Analysis:

Key players in the global vacuum gas oil market are Axeon, Kuwait Petroleum Corporation, Shell, Zhejiang Petrochemical Corporation, U.S. Oil and Refining, KazMunaiGaz, TAIF-NK, NESTE, Vertex, Soils Oil and Lukoil among others. In order to remain ahead of the competition major firms are increasingly focusing on ramping up their hydrocracking facilities. For instance in 2017, Zhejiang Petrochemical Corporation, a Chinese firm, announced their decision to embrace process technologies for a new integrated refining and petrochemical complex. The refining portion of this complex will be one of the world’s largest refineries, with a total capacity of 40MMTPA. The deep conversion units will comprise of residue hydro treating, residue fluid catalytic cracking unit and vacuum gas oil hydrocracker.

*All our reports are customizable as per customer requirements

This study forecasts revenue and volume growth at global, regional, and country levels from 2016 to 2026. Fior Markets has segmented the global vacuum gas oil market on the basis of below mentioned segments:

Global Vacuum Gas Oil Market by Product:

  • Heavy Vacuum Gas Oil
  • Light vacuum gas Oil

Global Vacuum Gas Oil Market by Sulfur Content:

  • Low Sulfur VGO
  • High Sulfur VGO

Global Vacuum Gas Oil Market by Application:

  • Gasoline Production
  • Diesel Oil/Kerosene Production

Global Vacuum Gas Oil Market by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa         
    • UAE
    • South Africa
  1. INTRODUCTION
    1. OBJECTIVES OF THE STUDY
    2. MARKET DEFINITION
    3. RESEARCH SCOPE
    4. CURRENCY
  2. RESEARCH METHODOLOGY AND ASSUMPTIONS
  3. EXECUTIVE SUMMARY
  4. PREMIUM INSIGHTS
    1. TOP INVESTMENT POCKETS
      1. GLOBAL VACUUM GAS OIL MARKET ATTRACTIVENESS ANALYSIS BY PRODUCT
      2. GLOBAL VACUUM GAS OIL MARKET ATTRACTIVENESS ANALYSIS BY SULFUR CONTENT
      3. GLOBAL VACUUM GAS OIL MARKET ATTRACTIVENESS ANALYSIS BY APPLICATION
      4. GLOBAL VACUUM GAS OIL MARKET ATTRACTIVENESS ANALYSIS BY REGION
    2. PORTER’S FIVE FORCES ANALYSIS
      1. THREAT OF NEW ENTRANTS
      2. THREAT OF SUBSTITUTES
      3. BARGAINING POWER OF SUPPLIERS
      4. BARGAINING POWER OF BUYERS
      5. INTENSITY OF COMPETITIVE RIVALRY
    3. PESTEL ANALYSIS
    4. INDUSTRY SWOT ANALYSIS
    5. INDUSTRY TRENDS
    6. MICRO AND MACRO FACTORS AFFECTING GLOBAL VACUUM GAS OIL MARKET
    7. PRICING ANALYSIS
      1. PRICING ASSUMPTIONS
      2. PRICE PROJECTIONS PER REGION
    8. MACRO-ECONOMIC FACTORS
      1. SUPPLY SIDE
      2. DEMAND SIDE
    9. TRADE MAP ANALYSIS (IMPORT-EXPORT DATA)
    10. COUNTRY LEVEL ANALYSIS
    11. PENETRATION & GROWTH PROSPECT MAPPING
    12. INDUSTRY VALUE CHAIN ANALYSIS
      1. RAW MATERIALS ANALYSIS
      2. SUPPLIER ANALYSIS
      3. END USER ANALYSIS
    13. CUSTOMERS/BUYERS BY REGIONS
  5. MARKET DYNAMICS
    1. MARKET EVALUATION
    2. DRIVERS
      1. STRONG RECOVERY IN DIESEL
      2. RISING USE OF VGO TO SUPPLY BUNKER FUELS
    3. RESTRAINS
      1. INCOMPATIBILITY OF VGO WITH OTHER FUELS
    4. OPPORTUNITIES
      1. INCREASING INVESTMENT ON RESEARCH AND DEVELOPMENT ACTIVITIES
      2. INCREASING DEMAND FROM THE ASIA PACIFIC REGION
    5. CHALLENGES
      1. ENVIRONMENTAL REGULATIONS ON THE USE OF DIESEL
  6. GLOBAL VACUUM GAS OIL MARKET ANALYSIS AND FORECAST, BY PRODUCT
    1. SEGMENT OVERVIEW
    2. HEAVY VACUUM GAS OIL
    3. LIGHT VACUUM GAS OIL
  7. GLOBAL VACUUM GAS OIL MARKET ANALYSIS AND FORECAST, BY SULFUR CONTENT
    1. SEGMENT OVERVIEW
    2. LOW SULFUR VGO
    3. HIGH SULFUR VGO
  8. GLOBAL VACUUM GAS OIL MARKET ANALYSIS AND FORECAST, BY APPLICATION
    1. SEGMENT OVERVIEW
    2. GASOLINE PRODUCTION
    3. DIESEL OIL/KEROSENE PRODUCTION
  9. GLOBAL VACUUM GAS OIL MARKET ANALYSIS AND FORECAST, BY REGIONAL ANALYSIS
    1. SEGMENT OVERVIEW
    2. NORTH AMERICA
      1. U.S.
      2. CANADA
      3. MEXICO
    3. EUROPE
      1. GERMANY
      2. FRANCE
      3. U.K.
      4. ITALY
      5. SPAIN
      6. REST OF EUROPE
    4. ASIA-PACIFIC
      1. JAPAN
      2. CHINA
      3. INDIA
      4. REST OF APAC
    5. SOUTH AMERICA
      1. BRAZIL
      2. REST OF SA
    6. MIDDLE EAST AND AFRICA
      1. UAE
      2. SOUTH AFRICA
      3. REST OF MEA
  10. GLOBAL VACUUM GAS OIL MARKET-COMPETITIVE LANDSCAPE
    1. OVERVIEW
    2. MARKET SHARE OF KEY PLAYERS IN THE VACUUM GAS OIL MARKET
      1. GLOBAL COMPANY MARKET SHARE
      2. NORTH AMERICA COMPANY MARKET SHARE
      3. EUROPE COMPANY MARKET SHARE
      4. APAC COMPANY MARKET SHARE
    3. COMPETITIVE SITUATIONS AND TRENDS
      1. PRODUCT LAUNCHES AND DEVELOPMENTS
      2. PARTNERSHIPS, COLLABORATIONS, AND AGREEMENTS
      3. MERGERS & ACQUISITIONS
      4. EXPANSIONS
  11. COMPANY PROFILES
    1. AXEON
      1. BUSINESS OVERVIEW
      2. COMPANY SNAPSHOT
      3. KEY FINANCIAL
        1. REVENUE ANALYSIS
        2. PRICE ANALYSIS
        3. COST ANALYSIS
        4. VOLUME ANALYSIS
        5. MARGIN ANALYSIS
        6. COMPANY SEGMENT ANALYSIS
      4. COMPANY PRODUCT PORTFOLIO
      5. RECENT DEVELOPMENTS
      6. SWOT ANALYSIS
    2. KUWAIT PETROLEUM CORPORATION
    3. SHELL
    4. ZHEJIANG PETROCHEMICAL CORPORATION
    5. KAZMUNAIGAZ
    6. TAIF-NK
    7. NESTE
    8. VERTEX
    9. SOILS OIL
    10. LUKOIL

LIST OF TABLE

  1. GLOBAL VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  2. GLOBAL HEAVY VACUUM GAS OIL MARKET, BY REGION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  3. GLOBAL LIGHT VACUUM GAS OIL MARKET, BY REGION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  4. GLOBAL VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  5. GLOBAL LOW  SULFUR VACUUM GAS OIL MARKET, BY REGION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  6. GLOBAL HIGH SULFUR VACUUM GAS OIL MARKET, BY REGION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  7. GLOBAL VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  8. GLOBAL GASOLINE PRODUCTION VACUUM GAS OIL MARKET, BY REGION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  9. GLOBAL DIESEL OIL/KEROSENE PRODUCTION VACUUM GAS OIL MARKET, BY REGION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  10. GLOBAL VACUUM GAS OIL MARKET, BY REGION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)  
  11. GLOBAL VACUUM GAS OIL MARKET, BY NORTH AMERICA, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  12. NORTH AMERICA VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  13. NORTH AMERICA VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  14. NORTH AMERICA VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  15. U.S. VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  16. U.S. VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  17. U.S. VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  18. CANADA VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  19. CANADA VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  20. CANADA VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  21. MEXICO VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  22. MEXICO VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  23. MEXICO VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  24. EUROPE VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  25. EUROPE VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  26. EUROPE VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  27. GERMANY VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  28. GERMANY VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  29. GERMANY VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  30. FRANCE VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  31. FRANCE VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  32. FRANCE VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  33. U.K. VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  34. U.K. VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  35. U.K. VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  36. ITALY VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  37. ITALY VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  38. ITALY VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  39. SPAIN VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  40. SPAIN VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  41. SPAIN VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  42. ASIA PACIFIC VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  43. ASIA PACIFIC VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  44. ASIA PACIFIC VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  45. JAPAN VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  46. JAPAN VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  47. JAPAN VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  48. CHINA VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  49. CHINA VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  50. CHINA VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  51. INDIA VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  52. INDIA VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  53. INDIA VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  54. SOUTH AMERICA VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  55. SOUTH AMERICA VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  56. SOUTH AMERICA VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  57. BRAZIL VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  58. BRAZIL VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  59. BRAZIL VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  60. MIDDLE EAST AND AFRICA VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  61. MIDDLE EAST AND AFRICA VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  62. MIDDLE EAST AND AFRICA VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  63. UAE VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  64. UAE VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  65. UAE VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  66. SOUTH AFRICA VACUUM GAS OIL MARKET, BY PRODUCT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  67. SOUTH AFRICA VACUUM GAS OIL MARKET, BY SULFUR CONTENT, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)
  68. SOUTH AFRICA VACUUM GAS OIL MARKET, BY APPLICATION, 2016–2026 REVENUE (USD MILLION), VOLUME (KILOTONS), PRICE (USD/TON)

LIST OF FIGURES 

  1. GLOBAL VACUUM GAS OIL MARKET SEGMENTATION
  2. VACUUM GAS OIL MARKET: RESEARCH METHODOLOGY
  3. MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
  4. MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
  5. DATA TRIANGULATION
  6. PORTER’S FIVE FORCES ANALYSIS
  7. VALUE CHAIN ANALYSIS
  8. GLOBAL VACUUM GAS OIL MARKET ATTRACTIVENESS ANALYSIS BY PRODUCT
  9. GLOBAL VACUUM GAS OIL MARKET ATTRACTIVENESS ANALYSIS BY SULFUR CONTENT
  10. GLOBAL VACUUM GAS OIL MARKET ATTRACTIVENESS ANALYSIS BY APPLICATION
  11. GLOBAL VACUUM GAS OIL MARKET ATTRACTIVENESS ANALYSIS BY REGION
  12. GLOBAL VACUUM GAS OIL MARKET: DYNAMICS
  13. GLOBAL VACUUM GAS OIL MARKET SHARE BY PRODUCT (2018 & 2026)
  14. GLOBAL VACUUM GAS OIL MARKET SHARE BY SULFUR CONTENT (2018 & 2026)
  15. GLOBAL VACUUM GAS OIL MARKET SHARE BY APPLICATION (2018 & 2026)
  16. GLOBAL VACUUM GAS OIL MARKET SHARE BY REGIONS (2018 & 2026)
  17. GLOBAL VACUUM GAS OIL MARKET SHARE BY COMPANY (2018)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

Please fill the form below, to recieve the report sample


+1

Our Clients

Some Facts about Fior Markets

1%

Free Customization

1+

Countries can be added on demand

1

Free yearly update on purchase of Multi/Corporate User License

1+

Companies served till date

Customized Research Programme
Premium Customer Service

We serve our customers 24x7 for 365 days through calls, emails and live chat options.

Syndicated market research
Exceptional Market Report

Huge database of exceptional market reports bringing market intelligence to your fingertips.

Domain Specific Analytics
Secured Payment Options

SSL enabled, we offer you various secured payment options for risk free purchase.