Hydrocarbons & Petroleum Products · Direct
Monitoring · monthly
Procurement Category Intelligence

Refined Petroleum - Kerosene

Overview
Market size
$6.0B
global, USD
CAGR
4.7%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
7
tracked players
Signals
12
6 high severity

Market outlook

2031$7.5B

What changed

Demand by region

Asia Pacific demand38%
North America demand26%
Europe demand20%
Middle East and Africa demand10%
Rest of world demand6%
share of global demandtotal 100%

Cost drivers

Crude Oil Feedstock (Brent/WTI)65%
Refining and Processing Margin15%
Logistics and Marine Freight10%
Terminaling and Storage6%
Regulatory Compliance and Carbon Taxes4%
share of delivered cost (analyst estimate)

Supplier watchlist

7 tracked