Oil Market

Oil is any nonpolar chemical substance that is a viscous liquid at ambient temperatures and is both hydrophobic . Oils have a high carbon and hydrogen content and are usually flammable and surface active.Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile.[1] They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials.
Oil Market contains market size and forecasts of Oil in global, including the following market information:
Global Oil Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Oil Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Oil companies in 2021 (%)
The global Oil market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Palm Oil Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Oil include Associated British Foods PLC, Archer Daniels Midland Company, Bunge Limited, Wilmar International Limited, Cargill Incorporated, Conagra Foods, International Foodstuff Company Holdings Limited, Unilever PLc and United Plantations Berhad and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Oil Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Oil Market Segment Percentages, by Type, 2021 (%)
Palm Oil
Soybean Oil
Rapeseed Oil
Sunflower Oil
Olive Oil
Global Oil Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Oil Market Segment Percentages, by Application, 2021 (%)
Food
Industrial
Chemical
Personal Care
Animal Feed
Pharmaceutical
Global Oil Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Oil Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Oil revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Oil revenues share in global market, 2021 (%)
Key companies Oil sales in global market, 2017-2022 (Estimated), (MT)
Key companies Oil sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Associated British Foods PLC
Archer Daniels Midland Company
Bunge Limited
Wilmar International Limited
Cargill Incorporated
Conagra Foods
International Foodstuff Company Holdings Limited
Unilever PLc
United Plantations Berhad
Ajinomoto