Energy and Power

Crude Oil Market Report Cover

Crude Oil Market

Crude Oil Market Report Cover

Crude Oil Market Size, Share, Growth & Industry Analysis, By Type (Light Crude Oil, Medium Crude Oil, Heavy Crude Oil, Extra-Heavy Crude & Bitumen), By Extraction Method (Conventional Crude Oil, Unconventional Crude Oil), By Application, By End-User Industry and Regional Analysis, 2024-2031

Author : Versha V.


Pages : 120

Base Year : 2023

Release : February 2025

Report ID: KR385


Snapshot

Base Year

2023

Forecast Year

2024-2031

Historical Years

2019-2022

Market Value (2023)

USD 3,278.00 Billion

Forecasted Value (2031)

USD 4,111.30 Billion

CAGR (2024-2031)

2.90%

Fastest Growing Region (2024-2031)

Asia Pacific

Largest Region

Asia Pacific

Market Scope

Snapshot Icons

By Type

Light Crude Oil, Medium Crude Oil, Heavy Crude Oil, and Extra-Heavy Crude & Bitumen

Snapshot Icons

By Extraction Method

Conventional Crude Oil and Unconventional Crude Oil

Snapshot Icons

By Application

Transportation Fuel, Industrial Use, Petrochemicals, and Power Generation

Snapshot Icons

By End-User Industry

Automotive & Aviation, Manufacturing & Chemicals, Electricity & Utilities, and Maritime & Shipping

CHOOSE LICENCE TYPE

CUSTOMIZATION OFFERED

  • Check Icon Additional Company Profiles
  • Check Icon Additional Countries
  • Check Icon Cross Segment Analysis
  • Check Icon Regional Market Dynamics
  • Check Icon Country-Level Trend Analysis
  • Check Icon Competitive Landscape Customization
  • Check Icon Extended Forecast Years
  • Check Icon Historical Data Up to 5 Years
Global Crude Oil MarketSize, 2020-2030 (USD Trillion)2.98 Tn3.53 Tn100%Chart created using amCharts library
Chart created using amCharts library
Chart created using amCharts library
Global Crude Oil MarketShare, By Type, 2022 (%)Light OilsHeavy Oils100%Chart created using amCharts library
Chart created using amCharts library
Chart created using amCharts library
Middle East & AfricaAsia-PacificEuropeNorth AmericaLatin AmericaGlobal Crude Oil Market, By Region (2030)100%Chart created using amCharts library
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