This report studies the Kerosene market status and outlook of global and major regions, from angles of players, countries, product types and end industries, this report analyzes the top players in global Kerosene industry, and splits by product type and applications/end industries. This report also includes the impact of COVID-19 on the Kerosene industry.
The kerosene industry plays a vital and multifaceted role in various sectors, serving as a valuable energy source for power generation, chemical processes, and agricultural applications. Derived from crude oil, kerosene is a highly flammable hydrocarbon liquid that is commonly used as jet fuel and heating oil. Its high energy density and relative stability make it a versatile fuel option across industries.
In terms of market size and projection, a recent report by HJResearch indicates that the global kerosene market is expected to reach a value of US$152,250 million by 2022. However, its compound annual growth rate (CAGR) is predicted to be at -1.02%. This projected decline could potentially be attributed to an increasing shift towards cleaner and greener energy alternatives in the global quest for carbon neutrality.
In the power sector, kerosene has historically played a crucial role in providing a reliable and efficient source of energy. It has been widely used in areas with limited or no access to electricity grids, particularly in developing regions. However, with a growing emphasis on renewable energy resources and the decreasing cost of solar and wind power, kerosene's relevance in power generation is gradually diminishing.
Within the chemical industry, kerosene serves as a vital ingredient in various processes. Its low sulfur content and high solvency power make it an ideal solvent for extracting, dissolving, and purifying chemicals. However, as environmental regulations across the globe become stricter, the industry is increasingly adopting alternatives to kerosene in order to reduce emissions and minimize environmental impact.
In agriculture, kerosene is widely used as a pesticide carrier, particularly in developing countries where access to more advanced technologies may be limited. Its low cost, high flash point, and easy availability make it a popular choice in this sector. Nonetheless, as sustainable farming practices and eco-friendly pesticides gain traction, the use of kerosene for agricultural purposes could face growing scrutiny.
Despite the declining growth rate of the kerosene industry, major global manufacturers such as Royal Dutch Shell, Exxon Mobil, BP, Chevron, and LUKOIL continue to dominate the market. These industry leaders are investing in research and development to explore cleaner and more sustainable alternatives to traditional kerosene applications.
In conclusion, while the kerosene industry has served as a crucial energy source in power generation, chemicals, and agriculture, its market outlook is facing challenges due to the shift towards greener alternatives. As environmental concerns take center stage, the industry must adapt and innovate to ensure a sustainable future.
The SWOT analysis of the Kerosene industry is as follows:
Strengths:
1. Reliable source of energy: Kerosene is a widely used source of energy for heating, cooking, and lighting in many parts of the world. It has a long-established market and a proven track record.
2. Cost-effective: Kerosene is relatively affordable compared to other sources of energy such as electricity or gas. This makes it a preferred option for low-income households or in areas where electricity supply is unreliable.
3. Versatile: Kerosene can be used in various applications including heating, cooking, lighting, and as a fuel for engines and turbines. Its versatility makes it highly adaptable to different industries and consumer needs.
4. Established distribution networks: The kerosene industry has well-established distribution networks that have been developed over decades. This ensures a smooth supply chain and easy access to kerosene in many areas.
5. Storage stability: Kerosene has a long shelf life and can be stored for extended periods without deterioration or significant loss of quality. This makes it a convenient fuel option for emergency situations or remote locations.
Weaknesses:
1. Environmental concerns: Kerosene is a fossil fuel and burning it releases greenhouse gases and air pollutants such as carbon dioxide, sulfur dioxide, and nitrogen oxides. Its use contributes to air pollution and climate change, making it a less sustainable energy source.
2. Safety hazards: Kerosene is highly flammable and can be hazardous if mishandled or stored improperly. Accidental spills and fires can pose risks to human health and the environment.
3. Limited market potential: As governments and consumers increasingly shift towards cleaner and renewable energy sources, the demand for kerosene is expected to decline in the long term. This limits the growth potential of the industry.
4. Dependency on oil prices: Kerosene is derived from crude oil, and its prices are typically influenced by fluctuations in global oil markets. This makes the industry vulnerable to volatility in oil prices, which can impact profitability.
Opportunities:
1. Renewable alternatives: The growing demand for cleaner energy sources presents an opportunity for the kerosene industry to explore and invest in renewable alternatives such as bio-kerosene, hydrogen, or synthetic fuels. This can help address environmental concerns and diversify the product portfolio.
2. Developing economies: In many developing countries, access to electricity remains limited, and kerosene continues to be a crucial source of energy. As these economies grow and urbanize, there may be opportunities to expand the market for kerosene in these regions.
3. Energy storage: Kerosene can be used as a backup energy source or for off-grid applications. As energy storage technologies improve, kerosene can serve as a reliable and portable option for emergency power or in remote areas with limited access to electricity.
4. Government regulations: Governments can play a critical role in shaping the kerosene industry through policies, subsidies, or regulations. Supportive policies promoting clean energy and energy efficiency can drive the transition away from kerosene, but they can also create opportunities for the industry to adapt and innovate.
Threats:
1. Competition from alternative fuels: The kerosene industry faces increasing competition from alternative fuels such as natural gas, electricity, and renewable energy sources. As these alternatives become more affordable and accessible, they pose a threat to the demand for kerosene.
2. Environmental regulations: Governments and international agreements aimed at reducing carbon emissions and combating climate change may impose stricter regulations on the use of kerosene. This can include carbon pricing, emissions standards, or incentives for renewable energy, which can negatively impact the industry.
3. Shift towards electrification: The electrification of various sectors, including transportation and cooking, poses a significant threat to the kerosene industry. As electric vehicles become more popular and electric cooking appliances gain market share, the demand for kerosene as a fuel will decline.
4. Reputation and public perception: The negative environmental impacts associated with the use of kerosene can lead to a decline in public acceptance and reputation. Increasing awareness about climate change and air pollution may result in a shift in consumer preferences towards cleaner and more sustainable energy sources.
Key players in global Kerosene market include:
Royal Dutch Shell
Exxon Mobil
BP
Chevron
LUKOIL
Market segmentation, by product types:
Type 1-K
Type 2-K
Market segmentation, by applications:
Power
Chemicals
Agriculture
1 Industry Overview of Kerosene
1.1 Research Scope
1.2 Market Segmentation by Types of Kerosene
1.3 Market Segmentation by End Users of Kerosene
1.4 Market Dynamics Analysis of Kerosene
1.4.1 Market Drivers
1.4.2 Market Challenges
1.4.3 Market Opportunities
1.4.4 Porter’s Five Forces
2 Major Manufacturers Analysis of Kerosene Industry
2.1 Royal Dutch Shell
2.1.1 Company Overview
2.1.2 Main Products and Specifications
2.1.3 Kerosene Sales Volume, Revenue, Price and Gross Margin (2018-2023)
2.1.4 Contact Information
2.2 Exxon Mobil
2.2.1 Company Overview
2.2.2 Main Products and Specifications
2.2.3 Kerosene Sales Volume, Revenue, Price and Gross Margin (2018-2023)
2.2.4 Contact Information
2.3 BP
2.3.1 Company Overview
2.3.2 Main Products and Specifications
2.3.3 Kerosene Sales Volume, Revenue, Price and Gross Margin (2018-2023)
2.3.4 Contact Information
2.4 Chevron
2.4.1 Company Overview
2.4.2 Main Products and Specifications
2.4.3 Kerosene Sales Volume, Revenue, Price and Gross Margin (2018-2023)
2.4.4 Contact Information
2.5 LUKOIL
2.5.1 Company Overview
2.5.2 Main Products and Specifications
2.5.3 Kerosene Sales Volume, Revenue, Price and Gross Margin (2018-2023)
2.5.4 Contact Information
3 Global Kerosene Market Analysis by Regions, Manufacturers, Types and End Users
3.1 Global Sales Volume and Revenue of Kerosene by Regions (2018-2023)
3.2 Global Sales Volume and Revenue of Kerosene by Manufacturers (2018-2023)
3.3 Global Sales Volume and Revenue of Kerosene by Types (2018-2023)
3.4 Global Sales Volume and Revenue of Kerosene by End Users (2018-2023)
3.5 Selling Price Analysis of Kerosene by Regions, Manufacturers, Types and End Users in (2018-2023)
4 Northern America Kerosene Market Analysis by Countries, Types and End Users
4.1 Northern America Kerosene Sales Volume and Revenue Analysis by Countries (2018-2023)
4.2 Northern America Kerosene Sales Volume and Revenue Analysis by Types (2018-2023)
4.3 Northern America Kerosene Sales Volume and Revenue Analysis by End Users (2018-2023)
4.4 United States Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
4.5 Canada Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5 Europe Kerosene Market Analysis by Countries, Types and End Users
5.1 Europe Kerosene Sales Volume and Revenue Analysis by Countries (2018-2023)
5.2 Europe Kerosene Sales Volume and Revenue Analysis by Types (2018-2023)
5.3 Europe Kerosene Sales Volume and Revenue Analysis by End Users (2018-2023)
5.4 Germany Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.5 France Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.6 UK Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.7 Italy Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.8 Russia Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.9 Spain Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.10 Netherlands Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6 Asia Pacific Kerosene Market Analysis by Countries, Types and End Users
6.1 Asia Pacific Kerosene Sales Volume and Revenue Analysis by Countries (2018-2023)
6.2 Asia Pacific Kerosene Sales Volume and Revenue Analysis by Types (2018-2023)
6.3 Asia Pacific Kerosene Sales Volume and Revenue Analysis by End Users (2018-2023)
6.4 China Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.5 Japan Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.6 Korea Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.7 India Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.8 Australia Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.9 Indonesia Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.10 Vietnam Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7 Latin America Kerosene Market Analysis by Countries, Types and End Users
7.1 Latin America Kerosene Sales Volume and Revenue Analysis by Countries (2018-2023)
7.2 Latin America Kerosene Sales Volume and Revenue Analysis by Types (2018-2023)
7.3 Latin America Kerosene Sales Volume and Revenue Analysis by End Users (2018-2023)
7.4 Brazil Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7.5 Mexico Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7.6 Argentina Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7.7 Colombia Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8 Middle East & Africa Kerosene Market Analysis by Countries, Types and End Users
8.1 Middle East & Africa Kerosene Sales Volume and Revenue Analysis by Countries (2018-2023)
8.2 Middle East & Africa Kerosene Sales Volume and Revenue Analysis by Types (2018-2023)
8.3 Middle East & Africa Kerosene Sales Volume and Revenue Analysis by End Users (2018-2023)
8.4 Turkey Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8.5 Saudi Arabia Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8.6 South Africa Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8.7 Egypt Kerosene Sales Volume, Revenue, Import and Export Analysis (2018-2023)
9 Marketing Channel, Distributors and Traders Analysis
9.1 Marketing Channel
9.1.1 Direct Channel
9.1.2 Indirect Channel
9.2 Distributors and Traders
10 Global Kerosene Market Forecast by Regions, Countries, Manufacturers, Types and End Users
10.1 Global Sales Volume and Revenue Forecast of Kerosene by Regions (2024-2029)
10.2 Global Sales Volume and Revenue Forecast of Kerosene by Types (2024-2029)
10.3 Global Sales Volume and Revenue Forecast of Kerosene by End Users (2024-2029)
10.4 Global Revenue Forecast of Kerosene by Countries (2024-2029)
10.4.1 United States Revenue Forecast (2024-2029)
10.4.2 Canada Revenue Forecast (2024-2029)
10.4.3 Germany Revenue Forecast (2024-2029)
10.4.4 France Revenue Forecast (2024-2029)
10.4.5 UK Revenue Forecast (2024-2029)
10.4.6 Italy Revenue Forecast (2024-2029)
10.4.7 Russia Revenue Forecast (2024-2029)
10.4.8 Spain Revenue Forecast (2024-2029)
10.4.9 Netherlands Revenue Forecast (2024-2029)
10.4.10 China Revenue Forecast (2024-2029)
10.4.11 Japan Revenue Forecast (2024-2029)
10.4.12 Korea Revenue Forecast (2024-2029)
10.4.13 India Revenue Forecast (2024-2029)
10.4.14 Australia Revenue Forecast (2024-2029)
10.4.15 Indonesia Revenue Forecast (2024-2029)
10.4.16 Vietnam Revenue Forecast (2024-2029)
10.4.17 Brazil Revenue Forecast (2024-2029)
10.4.18 Mexico Revenue Forecast (2024-2029)
10.4.19 Argentina Revenue Forecast (2024-2029)
10.4.20 Colombia Revenue Forecast (2024-2029)
10.4.21 Turkey Revenue Forecast (2024-2029)
10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
10.4.23 South Africa Revenue Forecast (2024-2029)
10.4.24 Egypt Revenue Forecast (2024-2029)
11 Industry Chain Analysis of Kerosene
11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of Kerosene
11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of Kerosene
11.1.2 Major Equipment Suppliers with Contact Information Analysis of Kerosene
11.2 Downstream Major Consumers Analysis of Kerosene
11.3 Major Suppliers of Kerosene with Contact Information
11.4 Supply Chain Relationship Analysis of Kerosene
12 Kerosene New Project Investment Feasibility Analysis
12.1 Kerosene New Project SWOT Analysis
12.2 Kerosene New Project Investment Feasibility Analysis
12.2.1 Project Name
12.2.2 Investment Budget
12.2.3 Project Product Solutions
12.2.4 Project Schedule
13 Kerosene Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.2 References and Data Sources
14.2.1 Primary Sources
14.2.2 Secondary Paid Sources
14.2.3 Secondary Public Sources
14.3 Abbreviations and Units of Measurement
14.4 Author Details
14.5 Disclaimer
Table Types of Kerosene
Table End Users of Kerosene
Figure Market Drivers Analysis of Kerosene
Figure Market Challenges Analysis of Kerosene
Figure Market Opportunities Analysis of Kerosene
Table Market Drivers Analysis of Kerosene
Table Royal Dutch Shell Information List
Figure Kerosene Picture and Specifications of Royal Dutch Shell
Table Kerosene Sales Volume, Price, Cost, Gross, Revenue (Million USD) and Gross Margin of Royal Dutch Shell (2018-2023)
Figure Kerosene Sales Volume and Global Market Share of Royal Dutch Shell (2018-2023)
Table Exxon Mobil Information List
Figure Kerosene Picture and Specifications of Exxon Mobil
Table Kerosene Sales Volume, Price, Cost, Gross, Revenue (Million USD) and Gross Margin of Exxon Mobil (2018-2023)
Figure Kerosene Sales Volume and Global Market Share of Exxon Mobil (2018-2023)
Table BP Information List
Figure Kerosene Picture and Specifications of BP
Table Kerosene Sales Volume, Price, Cost, Gross, Revenue (Million USD) and Gross Margin of BP (2018-2023)
Figure Kerosene Sales Volume and Global Market Share of BP (2018-2023)
Table Chevron Information List
Figure Kerosene Picture and Specifications of Chevron
Table Kerosene Sales Volume, Price, Cost, Gross, Revenue (Million USD) and Gross Margin of Chevron (2018-2023)
Figure Kerosene Sales Volume and Global Market Share of Chevron (2018-2023)
Table LUKOIL Information List
Figure Kerosene Picture and Specifications of LUKOIL
Table Kerosene Sales Volume, Price, Cost, Gross, Revenue (Million USD) and Gross Margin of LUKOIL (2018-2023)
Figure Kerosene Sales Volume and Global Market Share of LUKOIL (2018-2023)
Table Global Sales Volume of Kerosene by Regions (2018-2023)
Table Global Revenue (Million USD) of Kerosene by Regions (2018-2023)
Table Global Sales Volume of Kerosene by Manufacturers (2018-2023)
Table Global Revenue (Million USD) of Kerosene by Manufacturers (2018-2023)
Table Global Sales Volume of Kerosene by Types (2018-2023)
Table Global Revenue (Million USD) of Kerosene by Types (2018-2023)
Table Global Sales Volume of Kerosene by End Users (2018-2023)
Table Global Revenue (Million USD) of Kerosene by End Users (2018-2023)
Table Selling Price Comparison of Global Kerosene by Regions in (2018-2023)
Table Selling Price Comparison of Global Kerosene by Manufacturers in (2018-2023)
Table Selling Price Comparison of Global Kerosene by Types in (2018-2023)
Table Selling Price Comparison of Global Kerosene by End Users in (2018-2023)
Table Northern America Kerosene Sales Volume by Countries (2018-2023)
Table Northern America Kerosene Revenue (Million USD) by Countries (2018-2023)
Table Northern America Kerosene Sales Volume by Types (2018-2023)
Table Northern America Kerosene Revenue (Million USD) by Types (2018-2023)
Table Northern America Kerosene Sales Volume by End Users (2018-2023)
Table Northern America Kerosene Revenue (Million USD) by End Users (2018-2023)
Table United States Kerosene Import and Export (2018-2023)
Figure United States Kerosene Sales Volume and Growth Rate (2018-2023)
Figure United States Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Canada Kerosene Import and Export (2018-2023)
Figure Canada Kerosene Sales Volume and Growth Rate (2018-2023)
Figure Canada Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Europe Kerosene Sales Volume by Countries (2018-2023)
Table Europe Kerosene Revenue (Million USD) by Countries (2018-2023)
Table Europe Kerosene Sales Volume by Types (2018-2023)
Table Europe Kerosene Revenue (Million USD) by Types (2018-2023)
Table Europe Kerosene Sales Volume by End Users (2018-2023)
Table Europe Kerosene Revenue (Million USD) by End Users (2018-2023)
Table Germany Kerosene Import and Export (2018-2023)
Figure Germany Kerosene Sales Volume and Growth Rate (2018-2023)
Figure Germany Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table France Kerosene Import and Export (2018-2023)
Figure France Kerosene Sales Volume and Growth Rate (2018-2023)
Figure France Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table UK Kerosene Import and Export (2018-2023)
Figure UK Kerosene Sales Volume and Growth Rate (2018-2023)
Figure UK Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Italy Kerosene Import and Export (2018-2023)
Figure Italy Kerosene Sales Volume and Growth Rate (2018-2023)
Figure Italy Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Russia Kerosene Import and Export (2018-2023)
Figure Russia Kerosene Sales Volume and Growth Rate (2018-2023)
Figure Russia Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Spain Kerosene Import and Export (2018-2023)
Figure Spain Kerosene Sales Volume and Growth Rate (2018-2023)
Figure Spain Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Netherlands Kerosene Import and Export (2018-2023)
Figure Netherlands Kerosene Sales Volume and Growth Rate (2018-2023)
Figure Netherlands Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Asia Pacific Kerosene Sales Volume by Countries (2018-2023)
Table Asia Pacific Kerosene Revenue (Million USD) by Countries (2018-2023)
Table Asia Pacific Kerosene Sales Volume by Types (2018-2023)
Table Asia Pacific Kerosene Revenue (Million USD) by Types (2018-2023)
Table Asia Pacific Kerosene Sales Volume by End Users (2018-2023)
Table Asia Pacific Kerosene Revenue (Million USD) by End Users (2018-2023)
Table China Kerosene Import and Export (2018-2023)
Figure China Kerosene Sales Volume and Growth Rate (2018-2023)
Figure China Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Japan Kerosene Import and Export (2018-2023)
Figure Japan Kerosene Sales Volume and Growth Rate (2018-2023)
Figure Japan Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Korea Kerosene Import and Export (2018-2023)
Figure Korea Kerosene Sales Volume and Growth Rate (2018-2023)
Figure Korea Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table India Kerosene Import and Export (2018-2023)
Figure India Kerosene Sales Volume and Growth Rate (2018-2023)
Figure India Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Australia Kerosene Import and Export (2018-2023)
Figure Australia Kerosene Sales Volume and Growth Rate (2018-2023)
Figure Australia Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Indonesia Kerosene Import and Export (2018-2023)
Figure Indonesia Kerosene Sales Volume and Growth Rate (2018-2023)
Figure Indonesia Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Vietnam Kerosene Import and Export (2018-2023)
Figure Vietnam Kerosene Sales Volume and Growth Rate (2018-2023)
Figure Vietnam Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Latin America Kerosene Sales Volume by Countries (2018-2023)
Table Latin America Kerosene Revenue (Million USD) by Countries (2018-2023)
Table Latin America Kerosene Sales Volume by Types (2018-2023)
Table Latin America Kerosene Revenue (Million USD) by Types (2018-2023)
Table Latin America Kerosene Sales Volume by End Users (2018-2023)
Table Latin America Kerosene Revenue (Million USD) by End Users (2018-2023)
Table Brazil Kerosene Import and Export (2018-2023)
Figure Brazil Kerosene Sales Volume and Growth Rate (2018-2023)
Figure Brazil Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Mexico Kerosene Import and Export (2018-2023)
Figure Mexico Kerosene Sales Volume and Growth Rate (2018-2023)
Figure Mexico Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Argentina Kerosene Import and Export (2018-2023)
Figure Argentina Kerosene Sales Volume and Growth Rate (2018-2023)
Figure Argentina Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Colombia Kerosene Import and Export (2018-2023)
Figure Colombia Kerosene Sales Volume and Growth Rate (2018-2023)
Figure Colombia Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Middle East & Africa Kerosene Sales Volume by Countries (2018-2023)
Table Middle East & Africa Kerosene Revenue (Million USD) by Countries (2018-2023)
Table Middle East & Africa Kerosene Sales Volume by Types (2018-2023)
Table Middle East & Africa Kerosene Revenue (Million USD) by Types (2018-2023)
Table Middle East & Africa Kerosene Sales Volume by End Users (2018-2023)
Table Middle East & Africa Kerosene Revenue (Million USD) by End Users (2018-2023)
Table Turkey Kerosene Import and Export (2018-2023)
Figure Turkey Kerosene Sales Volume and Growth Rate (2018-2023)
Figure Turkey Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Saudi Arabia Kerosene Import and Export (2018-2023)
Figure Saudi Arabia Kerosene Sales Volume and Growth Rate (2018-2023)
Figure Saudi Arabia Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table South Africa Kerosene Import and Export (2018-2023)
Figure South Africa Kerosene Sales Volume and Growth Rate (2018-2023)
Figure South Africa Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Egypt Kerosene Import and Export (2018-2023)
Figure Egypt Kerosene Sales Volume and Growth Rate (2018-2023)
Figure Egypt Kerosene Revenue (Million USD) and Growth Rate (2018-2023)
Table Global Sales Volume Forecast of Kerosene by Regions (2024-2029)
Table Global Revenue (Million USD) Forecast of Kerosene by Regions (2024-2029)
Table Global Sales Volume Forecast of Kerosene by Types (2024-2029)
Table Global Revenue (Million USD) Forecast of Kerosene by Types (2024-2029)
Table Global Sales Volume Forecast of Kerosene by End Users (2024-2029)
Table Global Revenue (Million USD) Forecast of Kerosene by End Users (2024-2029)
Table Major Raw Materials Suppliers with Contact Information of Kerosene
Table Major Equipment Suppliers with Contact Information of Kerosene
Table Major Consumers with Contact Information of Kerosene
Table Major Suppliers of Kerosene with Contact Information
Figure Supply Chain Relationship Analysis of Kerosene
Table New Project SWOT Analysis of Kerosene
Table Project Appraisal and Financing
Table New Project Construction Period
Table New Project Investment Feasibility Analysis of Kerosene
Table Research Programs/Design for This Report
Table Key Data Information from Primary Sources
Table Key Data Information from Secondary Sources
Table Part of Interviewees Record List of Kerosene Industry
Table Part of References List of Kerosene Industry
Table Units of Measurement List
Table Part of Author Details List of Kerosene Industry
HJResearch employs comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. At HJResearch, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the Kerosene industry. Critical elements of methodology employed for all our studies include:
Secondary Sources:
The research team first works with national bureau of statistics, national customs, market research association, state information center, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Secondary sources are mainly from press releases, company reports and publications, non-profit organizations, industry associations, government publications, economic and demographic data and customs data. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Primary Research:
In the primary research process, for comprehensive understanding of the Kerosene market, it is essential to understand the complete value chain and in order to facilitate this, we collect data from Kerosene manufacturers, Kerosene raw material suppliers, Kerosene distributors as well as buyers. The primary sources from the supply side include Kerosene manufacturers, opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the Kerosene raw materials suppliers and producers, etc. The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users, and related key executives from various key companies and organizations operating in the global market.
Technical issues and trends are obtained from surveys, technical symposia and trade journals. Technical data is also gathered from intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, pricing trends are also gathered.
Statistical Model and Data Analysis:
Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, and industry experience and domain expertise. Qualitative analysis includes: Kerosene industry landscape and trends, Kerosene market dynamics and key issues, Kerosene technology landscape, market opportunities, porter’s analysis and PESTEL analysis, Kerosene competitive landscape and component benchmarking, policy and regulatory scenario. Quantitative analysis includes: Kerosene market size and forecast by regions, Kerosene market size and forecast by application, Kerosene market size and forecast by types, Kerosene company market share etc.
Quality Control:
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the HJResearch’s internal quality process.
