The global oil refining market size is estimated at USD 1,917.52 billion in 2025 and is predicted to reach around USD 2,800.91 billion by 2034, accelerating at a CAGR of 4.30% from 2025 to 2034. The Asia Pacific oil refining market size accounted for USD 709.48 billion in 2025 and is expanding at a CAGR of 4.44% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
By Product
By Fuel
By Complexity
By Application
By Geography
By Product
· Fuel Oil
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Application
§ Marine Bunker
§ Transportation
§ Aviation
§ Petrochemical
§ Agriculture
§ Electricity
§ Residential & Commercial
§ Rail & domestic waterways
§ Others
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
· Light Distillates
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Application
§ Marine Bunker
§ Transportation
§ Aviation
§ Petrochemical
§ Agriculture
§ Electricity
§ Residential & Commercial
§ Rail & domestic waterways
§ Others
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
· Middle Distillates
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Application
§ Marine Bunker
§ Transportation
§ Aviation
§ Petrochemical
§ Agriculture
§ Electricity
§ Residential & Commercial
§ Rail & domestic waterways
§ Others
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
· Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Application
§ Marine Bunker
§ Transportation
§ Aviation
§ Petrochemical
§ Agriculture
§ Electricity
§ Residential & Commercial
§ Rail & domestic waterways
§ Others
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
By Fuel
· Gasoline
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Application
§ Marine Bunker
§ Transportation
§ Aviation
§ Petrochemical
§ Agriculture
§ Electricity
§ Residential & Commercial
§ Rail & domestic waterways
§ Others
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
· Kerosine
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Application
§ Marine Bunker
§ Transportation
§ Aviation
§ Petrochemical
§ Agriculture
§ Electricity
§ Residential & Commercial
§ Rail & domestic waterways
§ Others
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
· Liquified Petroleum Gas (LPG)
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Application
§ Marine Bunker
§ Transportation
§ Aviation
§ Petrochemical
§ Agriculture
§ Electricity
§ Residential & Commercial
§ Rail & domestic waterways
§ Others
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
· Gasoil
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Application
§ Marine Bunker
§ Transportation
§ Aviation
§ Petrochemical
§ Agriculture
§ Electricity
§ Residential & Commercial
§ Rail & domestic waterways
§ Others
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
· Others
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Application
§ Marine Bunker
§ Transportation
§ Aviation
§ Petrochemical
§ Agriculture
§ Electricity
§ Residential & Commercial
§ Rail & domestic waterways
§ Others
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
By Complexity
· Hydro-skimming
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Application
§ Marine Bunker
§ Transportation
§ Aviation
§ Petrochemical
§ Agriculture
§ Electricity
§ Residential & Commercial
§ Rail & domestic waterways
§ Others
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
· Topping
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Application
§ Marine Bunker
§ Transportation
§ Aviation
§ Petrochemical
§ Agriculture
§ Electricity
§ Residential & Commercial
§ Rail & domestic waterways
§ Others
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
· Conversion
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Application
§ Marine Bunker
§ Transportation
§ Aviation
§ Petrochemical
§ Agriculture
§ Electricity
§ Residential & Commercial
§ Rail & domestic waterways
§ Others
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
· Deep Conversion
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Application
§ Marine Bunker
§ Transportation
§ Aviation
§ Petrochemical
§ Agriculture
§ Electricity
§ Residential & Commercial
§ Rail & domestic waterways
§ Others
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
By Application
· Marine Bunker
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
· Transportation
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
· Aviation
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
· Petrochemical
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
· Agriculture
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
· Electricity
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
· Residential & Commercial
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
· Rail & Domestic Waterways
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
· Others
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Geography
§ North America
§ Asia Pacific
§ Europe
§ Latin America
§ Middle East & Africa
By Geography
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Application
§ Marine Bunker
§ Transportation
§ Aviation
§ Petrochemical
§ Agriculture
§ Electricity
§ Residential & Commercial
§ Rail & domestic waterways
§ Others
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Application
§ Marine Bunker
§ Transportation
§ Aviation
§ Petrochemical
§ Agriculture
§ Electricity
§ Residential & Commercial
§ Rail & domestic waterways
§ Others
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Application
§ Marine Bunker
§ Transportation
§ Aviation
§ Petrochemical
§ Agriculture
§ Electricity
§ Residential & Commercial
§ Rail & domestic waterways
§ Others
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Application
§ Marine Bunker
§ Transportation
§ Aviation
§ Petrochemical
§ Agriculture
§ Electricity
§ Residential & Commercial
§ Rail & domestic waterways
§ Others
o By Product
§ Fuel Oil
§ Light Distillates
§ Middle Distillates
§ Others
o By Fuel
§ Gasoline
§ Kerosine
§ Liquified Petroleum Gas (LPG)
§ Gasoil
§ Others
o By Complexity
§ Hydro-skimming
§ Topping
§ Conversion
§ Deep Conversion
o By Application
§ Marine Bunker
§ Transportation
§ Aviation
§ Petrochemical
§ Agriculture
§ Electricity
§ Residential & Commercial
§ Rail & domestic waterways
§ Others
Applications of AI in Oil Refining Market
Benefits of AI Integration
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