0 items USD 0.00Global Vacuum Gas Oil (VGO) Market Infographic
Vacuum Gas Oil (VGO) is a heavy, high-viscosity hydrocarbon product produced during the refining process of crude oil. It has a high content of long-chain hydrocarbons, which makes it suitable for use as a feedstock in the production of diesel fuel and other high-value products. VGO is also a blending component for heavy fuel oils and a feedstock for catalytic cracking, which breaks down large molecules into smaller ones to produce gasoline and other lighter products.
The global Vacuum Gas Oil (VGO) market was valued at US$ 2038.4 million in 2022 and is anticipated to reach US$ 2998.4 million by 2029, witnessing a CAGR of 5.6% (2023-2029). Leading companies are: Kuwait Petroleum Corporation (KPC), Axeon Specialty Products, Marathon Oil Corporation, U.S. Oil & Refining Co. https://www.marketresearchreports.com/search/site/vacuum%20gas%20oil #gasandoil #infographic
