Dec 11, 2017   SOURCE: BusinessWire

Global Gas Oil Market Forecasts to 2025 - Growing Use of Gas Oil in Commercial and Domestic Vehicles - Research and Markets

The "Global Gas Oil Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report has been added to Research and Markets' offering.

The global Gas Oil market was valued at US$ 580.9 Bn in 2016, and is expected to each US$ 1050.8 Bn by 2030, expanding at a CAGR of 4.3% from 2016 to 2030.

The global gas oil market is projected to witness significant growth over the forecast period. Growing use of gas oil in commercial and domestic vehicles coupled with an increasing array of applications of gas oil in railways, international bunkers and marine fuel is anticipated to drive the demand for gas oil.

Further, gas oil is also used in industries for various applications such as power generation or as a fuel in boilers, machinery and other applications is expected to fuel the demand for gas oil. Growth in disposable income along with increasing number of vehicle especially in the Asia Pacific is expected to upsurge the demand for the gas oil.

However, growing environmental concerns over the emission of greenhouse gases influencing government to impose regulatory guidelines for the usage of gas oil which in turn is expected to restraint the demand for gas oil. Moreover, volatile oil prices of crude oil influence the prices for gas oil which in turn is expected to restrain the growth of global gas oil market.

Asia Pacific was the most dominant region in 2015 and anticipated to continue its dominance. The segment is also projected to witness fastest growth. Followed by it, Europe was the second largest market in the global gas oil market. Increasing consumption of gas oil in Germany, France and U.K. is anticipated to drive the demand of gas oil in the region.

Key Topics Covered:

1. Preface

2. Executive Summary

3. Global Gas Oil Market Dynamics

4. Global Gas Oil Market Size (Mn Tons) (US$ Bn), By Grade, 2011 - 2030

5. Global Gas Oil Market Size (Mn Tons) (US$ Bn), By Geography, 2011 - 2030

6. Company Profiles

  • BP p.l.c.
  • China Petroleum & Chemical Corporation
  • ExxonMobil Corporation
  • Petrobas
  • PetroChina Company Limited
  • Royal Dutch Shell plc.
  • Saudi Arabian Oil Co.
  • Siraf Refineries Infrastructure Company (SRIC)
  • Total

For more information about this report visit https://www.researchandmarkets.com/research/c5wnvz/global_gas_oil?w=4