be presence of key manufacturers in the region. The developing countries like India and China are the major
consumers of Refined Petroleum Product in this region.
Instead, North America and Europe are also estimated to have a positive influence on the future growth. North
America is the second largest region with significant market share. The United States is a major consumer of
Refined Petroleum Product in the region. However, Europe is estimated to grow at the fastest pace in the
forecast period.
The key players of Refined Petroleum Product Market are Chambroad Petrochemical, Chevron, Royal Dutch
Shell, BP Plc, Tonen General Group, Exxon Mobil Corporation, Shandong Dongming Petrochemical Group, Shanxi
Yanchang Petroleum, and Sinopec Limited. These market players are concentrating on inorganic growth to
sustain themselves amidst fierce competition.
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