진공 가스 오일 시장 규모, 점유율, 성장 분석 : 제품별, 유황 함유량별, 용도별, 지역별 - 업계 예측(2026-2033년)

Global Vacuum Gas Oil Market size was valued at USD 454.2 Billion in 2024 and is poised to grow from USD 473.73 Billion in 2025 to USD 663.44 Billion by 2033, growing at a CAGR of 4.3% during the forecast period (2026-2033).

The global vacuum gas oil (VGO) market is witnessing robust growth, primarily fueled by heightened demand for gasoline, diesel, and refined petroleum products. As a critical feedstock for fluid catalytic cracking (FCC) units, VGO enhances the yield of high-value fuels, driving its importance. The transportation sector's expansion, industrial activities, and rising energy needs in emerging economies contribute to this upward trend, complemented by ongoing technological advancements and significant research investments. Additionally, the marine industry's growth is likely to boost VGO's use as bunker fuel for deep-sea vessels. However, stringent regulations on VGO composition and emissions, particularly from organizations like the International Maritime Organization, pose challenges. Overall, the increasing fossil fuel demand bodes well for the VGO market's future trajectory.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Vacuum Gas Oil market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Vacuum Gas Oil Market Segments Analysis

Global Vacuum Gas Oil Market is segmented by Product, Sulfur Content, Application and region. Based on Product, the market is segmented into Light Vacuum Gas Oil (LVGO) and Heavy Vacuum Gas Oil (HVGO). Based on Sulfur Content, the market is segmented into Low Sulfur Vacuum Gas Oil and High Sulfur Vacuum Gas Oil. Based on Application, the market is segmented into Gasoline Production and Diesel Oil Production. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Vacuum Gas Oil Market

The worldwide appetite for transportation fuels, including gasoline and diesel, is steadily growing, particularly in developing nations experiencing swift urbanization and industrial growth. Vacuum Gas Oil is essential in satisfying this rising demand, functioning as a vital feedstock in the fluid catalytic cracking process that generates these valuable fuels. As the number of vehicles increases and freight transport continues to expand, the need for refined petroleum products escalates, consequently boosting the demand for vacuum gas oil in various international markets. This trend highlights the significant role vacuum gas oil plays in fueling global economic activities and meeting energy requirements.

Restraints in the Global Vacuum Gas Oil Market

The vacuum gas oil market faces significant challenges due to the increasing stringency of global environmental regulations. Authorities and environmental organizations are enforcing rigorous emission standards and limitations on sulfur content, which directly impacts the processing of vacuum gas oil, known for its elevated sulfur levels. As a result, refineries are required to invest in advanced desulfurization technologies and various upgrades to comply with these regulations. This necessity complicates the production process and renders it less economically viable, thereby hindering the overall growth and development of the vacuum gas oil market.

Market Trends of the Global Vacuum Gas Oil Market

The Global Vacuum Gas Oil market is experiencing a transformative shift driven by the integration of Artificial Intelligence in refinery operations. AI technologies are enhancing efficiency by leveraging data analytics to optimize feedstock mixtures and refining parameters in real-time, leading to significant improvements in process efficiency and reductions in energy consumption. This advanced automation facilitates better predictive maintenance of equipment, minimizing downtime and operational costs. As refineries increasingly adopt AI solutions, the market is poised for growth, with the promise of sustainable practices and superior decision-making processes shaping the future landscape of vacuum gas oil processing.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Vacuum Gas Oil Market Size by Product & CAGR (2026-2033)

• Market Overview
• Light Vacuum Gas Oil (LVGO)
• Heavy Vacuum Gas Oil (HVGO)

Global Vacuum Gas Oil Market Size by Sulfur Content & CAGR (2026-2033)

• Market Overview
• Low Sulfur Vacuum Gas Oil
• High Sulfur Vacuum Gas Oil

Global Vacuum Gas Oil Market Size by Application & CAGR (2026-2033)

• Market Overview
• Gasoline Production
• Diesel Oil Production

Global Vacuum Gas Oil Market Size & CAGR (2026-2033)

• North America (Product, Sulfur Content, Application)
  • US
  • Canada
• Europe (Product, Sulfur Content, Application)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Product, Sulfur Content, Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Product, Sulfur Content, Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Product, Sulfur Content, Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• ExxonMobil Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shell plc (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chevron Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BP plc (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TotalEnergies SE (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LUKOIL (Russia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Gazprom Neft (Russia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Rosneft Oil Company (Russia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Indian Oil Corporation Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Reliance Industries Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Marathon Petroleum Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Valero Energy Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Phillips 66 (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Neste Oyj (Finland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• KazMunayGas (Kazakhstan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kuwait Petroleum Corporation (Kuwait)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sinopec (China Petroleum & Chemical Corporation) (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• PetroChina Company Limited (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tatneft (Russia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• PTT Public Company Limited (Thailand)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations