The kerosene refining market engages in the extraction of kerosene products from crude petroleum products. Kerosene is derived from petroleum and is used to fuel rocket engineslighting fueland in industries such as chemicals and agriculture. It is also widely used as jet fuel to power aircrafts.
Refining companies are using heat-integrated crude oil distillation systems with latest optimization approach to minimize operating costs and maximize product yields. These systems use artificial neural networks from rigorous process simulation in the distillation process. i-Heat™ is the latest software tool from Process Integration Limited which is used for performance analysis and identifies where energy and capacity improvements can be made.
The Global Kerosene Market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
In the global Kerosene Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Royal Dutch Shell
Exxon Mobil
BP
Chevron
LUKOIL
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Type 1-K
Type 2-K
In Market segmentation by applications :
Power
Chemicals
Agriculture
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Kerosene Market for the forecast period 2020 - 2026?
• What are the driving forces in the Kerosene Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Kerosene industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?