(EMAILWIRE.COM, August 31, 2018 ) The refined petroleum products manufacturing market comprises companies that convert crude petroleum to refined petroleum products such as gasoline, naptha, diesel fuel and liquefied petroleum gas and then sell these refined products. Petroleum refineries are large industrial complexes with extensive pipeline networks carrying crude oil and refined petroleum products between sub processing units. Revenues in this market represent the value of the different refined petroleum products.

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The global refined petroleum products manufacturing market has shown downfall since 2015 after it went down from around $4 trillion to $1.5 trillion, and then reached around $2 trillion in 2017.

TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the decline and claims.
The report also shows the refined petroleum products manufacturing market to grow at a much higher CAGR by 2021 as compared to the negative CAGR in 2017, along with geographies best suited for investments with highest return rate.

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The global refined petroleum products manufacturing market fell from $4 trillion in 2014 to $2 trillion in 2017, at a negative compound annual growth rate. This was because of the rapid decline in oil and gas prices worldwide due to political changes and many other such reasons mentioned in the report. TBRC’s consultants expect an increasing demand for refined petroleum from developing nations, which is expected to raise the prices in the future.

TBRC’s latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market.

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Companies Included in the report are Royal Dutch Shell, Exxon Mobil Corporation, Sinopec Limited, BP Plc, and Chevron.

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