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Petroleum Refining in the US - Market Size (2021-2031)
The market size of the Petroleum Refining industry in the US is $xx.xx, which is expected to decline at xx% over the next five years. Industry operators refine crude oil into petroleum products. Petroleum refining involves one or more of activities including fractionation, straight distillation of crude oil and cracking. This industry does not include companies that extract crude oil or retail gasoline.
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Market Size
Total value ($) and annual change from 2012 – 2030.
Revenue
$XX
2021-2026 XX%
2026-2031 XX%
Employees
XX
2021-2026 XX%
2026-2031 XX%
Businesses
XX
2021-2026 XX%
2026-2031 XX%
Profit
$XX
2021-2026 XX%
Profit Margin
XX%
2021-2026 XX%
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Industries related to this market
Explore industries with similar markets, supply chains, and economic drivers to gain broader context and insights.
Related Industries
| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Asphalt Manufacturing in the US |
|
XX% | XX% | $XX |
| Lubricant & Other Petroleum Product Manufacturing in the US |
|
XX% | XX% | $XX |
| Oil Pipeline Transportation in the US |
|
XX% | XX% | $XX |
| Refined Petroleum Pipeline Transportation in the US |
|
XX% | XX% | $XX |
| Petroleum Refining in Canada |
|
XX% | XX% | $XX |
| Petroleum Refining & Petroleum Fuel Manufacturing in Australia |
|
XX% | XX% | $XX |
| Petroleum Refining in the UK |
|
XX% | XX% | $XX |
| Oil & Petroleum Refining in China |
|
XX% | XX% | $XX |
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Frequently Asked Questions
What was the market size of the Petroleum Refining in the US in 2026?
The market size of the Petroleum Refining in the US is $933.8bn in 2026.
What is the growth rate of the Petroleum Refining in the US in 2026?
The market size of the Petroleum Refining in the US increased 14.6% in 2026.
Has the Petroleum Refining in the US grown or declined over the past 5 years?
The market size of the Petroleum Refining in the US has grown at a 7.1% CAGR between 2021 and 2026.
Is the Petroleum Refining in the US expected to grow or decline over the next five years?
See our full analysis of the Petroleum Refining in the US to understand if the industry market size is expected to grow or decline over the next five years.
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