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Petroleum & Coal Products Manufacturing Industry
Insights from D&B Hoovers

Industry Analysis

Description

Companies in this industry refine crude oil and coal into fuel, asphalt products, lubricating oils, and other products. Major companies include US-based Chevron, Exxon Mobil, Marathon, and Valero, as well as Bharat Petroleum (India), Caltex Australia, Idemitsu Kosan (Japan), Sinopec (China), and Suncor Energy (Canada), .

Competitive Landscape

Demand is driven by consumption of gasoline and diesel fuel and by construction activity. The profitability of individual companies depends on efficient operations. Larger refinery and asphalt companies enjoy economies of scale, but small companies can compete by producing specialty products that are in high demand. The US industry is highly concentrated: the 50 largest companies account for about 95% of revenue.

Products, Operations & Technology

Major products include gasoline, diesel fuel, and jet fuel; as well as asphalt paving mixtures and asphalt blocks, and roofing and saturated materials. Other products include heavy fuel oil; liquid petroleum gas (propane and butane); tar and asphalt; petroleum coke; and petroleum lubricating oils and jellies. Diesel fuel and heating oil are jointly called "distillates."

Geographic Segmentation

See where the Petroleum & Coal Products Manufacturing industry is concentrated geographically and research companies by financials and key corporate data.
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