Refined Petroleum Products Market : Mention of Future Trends Along With Forecast To 2030

Refined Petroleum Products Market was valued at US$ 675.95 Bn. in 2023. Global Refined Petroleum Products Market size is expected to grow at a CAGR of 5.1 % through the forecast period. Refined Petroleum Products Market Overview: Refined petroleum products are made from crude petroleum. All refined petroleum products are sold, including gasoline, naphtha, diesel fuel, & liquefied petroleum gas. Gasoline is a liquid engine fuel made from crude oil & other liquids that is used in automobiles. Refined petroleum products have two uses: fuel & chemicals. Carbon capture & storage technology is increasingly being used by refineries to minimize CO2 emissions in the atmosphere. Quest, a joint venture between Shell, Canada Energy, and Chevron, is one project that harvests CO2 & stores it underground.