After a period of major highs and lows, industry revenue will climb upward as demand recovers. Refiners will increase their facilities' capacity to handle more crude oil as output rises. On the other hand, petroleum refineries will have to contend with government regulations designed to increase the use of renewable and environmentally friendly fuels. These regulations will limit revenue growth in the years to come.
Industry operators refine crude oil into petroleum products. Petroleum refining involves one or more of the following activities: fractionation, straight distillation of crude oil and cracking. This industry does not include companies that extract crude oil or retail gasoline.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.