About the Petroleum Refining in Michigan Market Research Report
What’s Included in the Petroleum Refining in Michigan Market Research Report
Definition of the Petroleum Refining in Michigan?
Industry operators refine crude oil into petroleum products. Petroleum refining involves one or more of activities including fractionation, straight distillation of crude oil and cracking. This industry does not include companies that extract crude oil or retail gasoline.
What’s included in the Petroleum Refining in Michigan?
The Petroleum Refining in Michigan includes gasoline production, kerosene production, distillate fuel oil (diesel fuel) production, aviation fuel production, residual fuel oil production, lubricant production and producing aliphatic and aromatic chemicals as byproducts. Related terms covered in the Petroleum Refining in Michigan industry report includes light liquid petroleum product typically used as a fuel for internal combustion engines, midrange petroleum product with a higher boiling point than gasoline, typically used as a fuel for internal combustion engines, particularly for larger vehicles, primary crude oil refining unit, which includes a pipe still for vaporizing the crude oil and a fractionation tower for separating it into fractions with different boiling ranges, difference between the value of all the refined petroleum products a refinery is able to produce from a given quantity of crude oil and its cost, a form of alcohol used as a fuel, which is primarily made from grains such as corn and soybeans. it is considered to be a renewable fuel with fewer pollutants, a unit of measure for petroleum products. it is equal to 42.0 us gallons and a commodities or securities market in which goods are sold for cash and delivered immediately. contracts bought and sold on these markets are immediately effective.
Industry Performance of the Petroleum Refining industry in Michigan
Benchmark the Petroleum Refining in Michigan industry performance with all MI county and national performance.
Petroleum Refining in Michigan
#17 in Highest Revenue 1.1% of state's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Petroleum Refining in the US
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Petroleum Refining industry in Michigan
See how key industry drivers, such as are impacting Petroleum Refining in Michigan
Michigan Economic Indicators
Population
Net Migration
View more economic information in MI State Economic profile
US Key External Drivers
World price of crude oil
Demand from gasoline and petroleum bulk stations
Total vehicle miles
For the full list of industry drivers, see report purchase options.
County Data of the Petroleum Refining industry in Michigan
Access proprietary data on county in the Petroleum Refining in Michigan, such as Wayne County, Muskegon County and Ottawa County. Data includes figures on revenue, establishments, employees and wages by counties.
Key Statistics of the Petroleum Refining industry in Michigan
Download 18 years of historical data and 5 years of projected performance.
