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There are xx businesses in the Oil & Petroleum Refining industry in China, which is expected to grow at xx% over the next five years. The industry refines oils and produces petroleum products. Its major products include gasoline, diesel oil, coal oil, fuel oil, lubricating oil, lube oil base stock, naphtha, solvent oil, petroleum asphalt, petroleum coke, gaseous propellant, paraffin and petroleum resin.
Curious about what drives these trends? IBISWorld's Oil & Petroleum Refining in China industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Coal Product Manufacturing in China |
|
XX% | XX% | $XX |
| Natural Gas Production and Distribution in China |
|
XX% | XX% | $XX |
| Oil & Gas Drilling in China |
|
XX% | XX% | $XX |
| Oil Wholesale in China |
|
XX% | XX% | $XX |
| Petroleum Refining in the US |
|
XX% | XX% | $XX |
| Petroleum Refining in Canada |
|
XX% | XX% | $XX |
| Petroleum Refining and Petroleum Fuel Manufacturing in Australia |
|
XX% | XX% | $XX |
| Petroleum Refining in the UK |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
There is 1,403 Oil & Petroleum Refining in China businesses as of 2025, an increase of 0.4% from 2024.
The number of Oil & Petroleum Refining in China businesses has grown 0.4% per year on average over the five years between 2020 and 2025.
See our full analysis of the Oil & Petroleum Refining in China to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
The Oil & Petroleum Refining in China has high market share concentration and the largest business is China Petrochemical Corporation .