Vacuum Gas Oil or VGO is part of the petroleum hydrocarbon heavy distillate family. Vacuum Gas Oil also known as cat feed, which is feedstock for fluid catalytic crackers used to make gasoline, gasoil and many other by-products.
According to the Segmentation of types, all the market of Vacuum Gas Oil (VGO) can be divided as follows: The first kind need to mention is Light Vacuum Gas Oil (LVGO), it holds a comparatively larger share in global market, which accounts for about 62.03% in 2018. The following is Heavy Vacuum Gas Oil (HVGO) took 37.97% market share in 2018.Vacuum Gas Oil (VGO) main application area is Gasoline Production. In 2018, this sector hold a market share of 56.79%. Then followed by the Diesel / Kerosene Production which account for 43.21%. From the view of region, Europe is the largest export area and North America appears as the largest consume. Any changes from North America, which share a 41.79% market share in 2018, might affect the development trend of Vacuum Gas Oil (VGO).
The Vacuum Gas Oil（VGO） market was valued at 1693.7 Million US$ in 2018 and is projected to reach 2544.3 Million US$ by 2025, at a CAGR of 5.6% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Vacuum Gas Oil（VGO）.
This report presents the worldwide Vacuum Gas Oil（VGO） market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter\'s Five Forces Analysis.
The following manufacturers are covered in this report:
Kuwait Petroleum Corporation (KPC)
Axeon Specialty Products
U.S. Oil & Refining
Integrated Refinery Petrochemical Complex (IRPC)
Vacuum Gas Oil（VGO） Breakdown Data by Type
Heavy Vacuum Gas Oil (HVGO)
Light Vacuum Gas Oil (LVGO)
In 2018, Light Vacuum Gas Oil (LVGO) accounted for a major share of 62% in the global Vacuum Gas Oil（VGO）market. And this product segment is poised to reach 1689 M USD by 2025 from 1083 M USD in 2018.
Vacuum Gas Oil（VGO） Breakdown Data by Application
Diesel / Kerosene Production
In Vacuum Gas Oil（VGO）market, Gasoline Production segment holds an important share in terms of application, and it is expected to reach a volume of 3163.7 (K Tons) by 2025, at a CAGR of 4.03% during 2018 and 2025. It means that Vacuum Gas Oil（VGO） will be promising in the Gasoline Production field in the next couple of years.
Vacuum Gas Oil（VGO） Production by Region
Vacuum Gas Oil（VGO） Consumption by Region
Central & South America
Middle East & Africa
The study objectives are:
To analyze and research the global Vacuum Gas Oil（VGO） status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Vacuum Gas Oil（VGO） manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Vacuum Gas Oil（VGO） :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Tons). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Vacuum Gas Oil（VGO） market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.