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Global Vacuum Gas Oil（VGO） Market Research Report 2026

Published Date: 2026-03-03

Report Code: QYRE-Auto-15U5077

Global Vacuum Gas Oil VGO Market Size Manufacturers Supply Chain Sales Channel and Clients 2021 2027

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Global Vacuum Gas Oil（VGO） Market Research Report 2026

Code: QYRE-Auto-15U5077

Report

2026-03-03

Pages:131

QYResearch

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DESCRIPTION

TABLE OF CONTENT

TABLES & FIGURES

FEATURED COMPANIES

Axeon Specialty Products

Marathon Oil

U.S. Oil & Refining

Tatneft

ROSNEFT

Integrated Refinery Petrochemical Complex (IRPC)

Kuwait Petroleum Corporation

KMG

Kuwait Petroleum Corporation (KPC)

KazMunayGas (KMG)

TAIF-NK PSC

U.S. Oil & Refining

Vacuum Gas Oil（VGO） Market Size

market was valued at US$ 2386 million in 2025 and is anticipated to reach US$ 3475 million by 2032, at a CAGR of 5.6% from 2026 to 2032.

Vacuum Gas Oil（VGO） Market

The global Vacuum Gas Oil（VGO）

The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Vacuum Gas Oil（VGO） competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.

Vacuum Gas Oil or VGO is part of the petroleum hydrocarbon heavy distillate family. Vacuum Gas Oil also known as cat feed, which is feedstock for fluid catalytic crackers used to make gasoline, gasoil and many other by-products.

The major players in global Vacuum Gas Oil (VGO) market include Kuwait Petroleum Corporation (KPC), Axeon Specialty Products, Marathon Oil, U.S. Oil & Refining, KazMunayGas (KMG), TAIF-NK PSC, Tatneft, Rosneft, Integrated Refinery Petrochemical Complex (IRPC), etc. Top 3 companies occupied about 40% market share. Europe is the largest Vacuum Gas Oil (VGO) market with about 45% market share. USA is follower, accounting for about 25% market share. Light Vacuum Gas Oil (LVGO) is the main type, with a share about 60%. Gasoline Production is the main application, which holds a share about 55%.

This report delivers a comprehensive overview of the global Vacuum Gas Oil（VGO） market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Vacuum Gas Oil（VGO）. The Vacuum Gas Oil（VGO） market size, estimates, and forecasts are provided in terms of shipments (K MT) and revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.

The report segments the global Vacuum Gas Oil（VGO） market comprehensively. Regional market sizes by Type, by Application, , and by company are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.

This report will assist Vacuum Gas Oil（VGO） manufacturers, new entrants, and companies across the industry value chain with information on revenues, production, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.

Market Segmentation

Scope of Vacuum Gas Oil（VGO） Market Report

Report Metric	Details
Report Name	Vacuum Gas Oil（VGO） Market
Accounted market size in 2025	US$ 2386 million
Forecasted market size in 2032	US$ 3475 million
CAGR	5.6%
Base Year	2025
Forecasted years	2026 - 2032
Segment by Type	Heavy Vacuum Gas Oil (HVGO) Light Vacuum Gas Oil (LVGO)
by Application	Gasoline Production Diesel / Kerosene Production
Production by Region	North America Europe Mid East & Africa Southeast Asia
Consumption by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Asia-Pacific (China, Japan, South Korea, Taiwan) Southeast Asia (India) Latin America (Mexico, Brazil)
By Company	Kuwait Petroleum Corporation (KPC), Axeon Specialty Products, Marathon Oil, U.S. Oil & Refining, KazMunayGas (KMG), TAIF-NK PSC, Tatneft, Rosneft, Integrated Refinery Petrochemical Complex (IRPC)
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Defines the scope of the report and presents an executive summary of market segments (by Type, by Application, , etc.), including the size of each segment and its future growth potential. It offers a high-level view of the current market and its likely evolution in the short, medium, and long term.
Chapter 2: Provides a detailed analysis of the competitive landscape for Vacuum Gas Oil（VGO） manufacturers, including prices, production, value-based market shares, latest development plans, and information on mergers and acquisitions.
Chapter 3: Examines Vacuum Gas Oil（VGO） production/output and value by region and country, providing a quantitative assessment of market size and growth potential for each region over the next six years.
Chapter 4: Analyzes Vacuum Gas Oil（VGO） consumption at the regional and country levels. It quantifies market size and growth potential for each region and its key countries, and outlines market development, outlook, addressable space, and national production.
Chapter 5: Analyzes market segments by Type, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities.
Chapter 6: Analyzes market segments by Application, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities in downstream markets.
Chapter 7: Profiles key players, detailing the fundamentals of major companies, including product production/output, value, price, gross margin, product portfolio/introductions, and recent developments.
Chapter 8: Reviews the industry value chain, including upstream and downstream segments.
Chapter 9: Discusses market dynamics and recent developments, including drivers, restraints, challenges and risks for manufacturers, U.S. Tariffs and relevant policy analysis.
Chapter 10: Summarizes the key findings and conclusions of the report.

FAQ for this report

How fast is Vacuum Gas Oil（VGO） Market growing?

Ans: The Vacuum Gas Oil（VGO） Market witnessing a CAGR of 5.6% during the forecast period 2026-2032.

What is the Vacuum Gas Oil（VGO） Market size in 2032?

Ans: The Vacuum Gas Oil（VGO） Market size in 2032 will be US$ 3475 million.

What is the market share of major companies in Vacuum Gas Oil（VGO） Market?

Ans: Top 3 companies occupied about 40% market share.

What is the Vacuum Gas Oil（VGO） Market share by region?

Ans: Europe is the largest Vacuum Gas Oil (VGO) market with about 45% market share. USA is follower, accounting for about 25% market share.

What is the Vacuum Gas Oil（VGO） Market share by type?

Ans: Light Vacuum Gas Oil (LVGO) is the main type, with a share about 60%.

What is the Vacuum Gas Oil（VGO） Market share by application?

Ans: Gasoline Production is the main application, which holds a share about 55%.

Who are the main players in the Vacuum Gas Oil（VGO） Market report?

Ans: The main players in the Vacuum Gas Oil（VGO） Market are Kuwait Petroleum Corporation (KPC), Axeon Specialty Products, Marathon Oil, U.S. Oil & Refining, KazMunayGas (KMG), TAIF-NK PSC, Tatneft, Rosneft, Integrated Refinery Petrochemical Complex (IRPC)

What are the Application segmentation covered in the Vacuum Gas Oil（VGO） Market report?

Ans: The Applications covered in the Vacuum Gas Oil（VGO） Market report are Gasoline Production, Diesel / Kerosene Production

What are the Type segmentation covered in the Vacuum Gas Oil（VGO） Market report?

Ans: The Types covered in the Vacuum Gas Oil（VGO） Market report are Heavy Vacuum Gas Oil (HVGO), Light Vacuum Gas Oil (LVGO)

1 Vacuum Gas Oil（VGO） Market Overview

1.1 Product Definition

1.2 Vacuum Gas Oil（VGO） by Type

1.2.1 Global Vacuum Gas Oil（VGO） Market Value Growth Rate Analysis by Type: 2025 vs 2032

1.2.2 Heavy Vacuum Gas Oil (HVGO)

1.2.3 Light Vacuum Gas Oil (LVGO)

1.3 Vacuum Gas Oil（VGO） by Application

1.3.1 Global Vacuum Gas Oil（VGO） Market Value Growth Rate Analysis by Application: 2025 vs 2032

1.3.2 Gasoline Production

1.3.3 Diesel / Kerosene Production

1.4 Global Market Growth Prospects

1.4.1 Global Vacuum Gas Oil（VGO） Production Value Estimates and Forecasts (2021–2032)

1.4.2 Global Vacuum Gas Oil（VGO） Production Capacity Estimates and Forecasts (2021–2032)

1.4.3 Global Vacuum Gas Oil（VGO） Production Estimates and Forecasts (2021–2032)

1.4.4 Global Vacuum Gas Oil（VGO） Market Average Price Estimates and Forecasts (2021–2032)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global Vacuum Gas Oil（VGO） Production Market Share by Manufacturers (2021–2026)

2.2 Global Vacuum Gas Oil（VGO） Production Value Market Share by Manufacturers (2021–2026)

2.3 Global Key Players of Vacuum Gas Oil（VGO）, Industry Ranking, 2024 vs 2025

2.4 Global Vacuum Gas Oil（VGO） Market Share by Company Tier (Tier 1, Tier 2, Tier 3)

2.5 Global Vacuum Gas Oil（VGO） Average Price by Manufacturers (2021–2026)

2.6 Global Key Manufacturers of Vacuum Gas Oil（VGO）, Manufacturing Footprints and Headquarters

2.7 Global Key Manufacturers of Vacuum Gas Oil（VGO）, Product Offerings and Applications

2.8 Global Key Manufacturers of Vacuum Gas Oil（VGO）, Date of Entry into the Industry

2.9 Vacuum Gas Oil（VGO） Market Competitive Situation and Trends

2.9.1 Vacuum Gas Oil（VGO） Market Concentration Rate

2.9.2 Top 5 and Top 10 Global Vacuum Gas Oil（VGO） Players Market Share by Revenue

2.10 Mergers & Acquisitions and Expansion

3 Vacuum Gas Oil（VGO） Production by Region

3.1 Global Vacuum Gas Oil（VGO） Production Value Estimates and Forecasts by Region: 2021 vs 2025 vs 2032

3.2 Global Vacuum Gas Oil（VGO） Production Value by Region (2021–2032)

3.2.1 Global Vacuum Gas Oil（VGO） Production Value by Region (2021–2026)

3.2.2 Global Forecasted Production Value of Vacuum Gas Oil（VGO） by Region (2027–2032)

3.3 Global Vacuum Gas Oil（VGO） Production Estimates and Forecasts by Region: 2021 vs 2025 vs 2032

3.4 Global Vacuum Gas Oil（VGO） Production Volume by Region (2021–2032)

3.4.1 Global Vacuum Gas Oil（VGO） Production by Region (2021–2026)

3.4.2 Global Forecasted Production of Vacuum Gas Oil（VGO） by Region (2027–2032)

3.5 Global Vacuum Gas Oil（VGO） Market Price Analysis by Region (2021–2026)

3.6 Global Vacuum Gas Oil（VGO） Production, Value, and Year-over-Year Growth

3.6.1 North America Vacuum Gas Oil（VGO） Production Value Estimates and Forecasts (2021–2032)

3.6.2 Europe Vacuum Gas Oil（VGO） Production Value Estimates and Forecasts (2021–2032)

3.6.3 Mid East & Africa Vacuum Gas Oil（VGO） Production Value Estimates and Forecasts (2021–2032)

3.6.4 Southeast Asia Vacuum Gas Oil（VGO） Production Value Estimates and Forecasts (2021–2032)

4 Vacuum Gas Oil（VGO） Consumption by Region

4.1 Global Vacuum Gas Oil（VGO） Consumption Estimates and Forecasts by Region: 2021 vs 2025 vs 2032

4.2 Global Vacuum Gas Oil（VGO） Consumption by Region (2021–2032)

4.2.1 Global Vacuum Gas Oil（VGO） Consumption by Region (2021–2026)

4.2.2 Global Vacuum Gas Oil（VGO） Forecasted Consumption by Region (2027–2032)

4.3 North America

4.3.1 North America Vacuum Gas Oil（VGO） Consumption Growth Rate by Country: 2021 vs 2025 vs 2032

4.3.2 North America Vacuum Gas Oil（VGO） Consumption by Country (2021–2032)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Vacuum Gas Oil（VGO） Consumption Growth Rate by Country: 2021 vs 2025 vs 2032

4.4.2 Europe Vacuum Gas Oil（VGO） Consumption by Country (2021–2032)

4.4.3 Germany

4.4.4 France

4.4.5 U.K.

4.4.6 Italy

4.4.7 Russia

4.5 Asia Pacific

4.5.1 Asia Pacific Vacuum Gas Oil（VGO） Consumption Growth Rate by Region: 2021 vs 2025 vs 2032

4.5.2 Asia Pacific Vacuum Gas Oil（VGO） Consumption by Region (2021–2032)

4.5.3 China

4.5.4 Japan

4.5.5 South Korea

4.5.6 China Taiwan

4.5.7 Southeast Asia

4.5.8 India

4.6 Latin America, Middle East & Africa

4.6.1 Latin America, Middle East & Africa Vacuum Gas Oil（VGO） Consumption Growth Rate by Country: 2021 vs 2025 vs 2032

4.6.2 Latin America, Middle East & Africa Vacuum Gas Oil（VGO） Consumption by Country (2021–2032)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

4.6.6 GCC Countries

5 Segment by Type

5.1 Global Vacuum Gas Oil（VGO） Production by Type (2021–2032)

5.1.1 Global Vacuum Gas Oil（VGO） Production by Type (2021–2026)

5.1.2 Global Vacuum Gas Oil（VGO） Production by Type (2027–2032)

5.1.3 Global Vacuum Gas Oil（VGO） Production Market Share by Type (2021–2032)

5.2 Global Vacuum Gas Oil（VGO） Production Value by Type (2021–2032)

5.2.1 Global Vacuum Gas Oil（VGO） Production Value by Type (2021–2026)

5.2.2 Global Vacuum Gas Oil（VGO） Production Value by Type (2027–2032)

5.2.3 Global Vacuum Gas Oil（VGO） Production Value Market Share by Type (2021–2032)

5.3 Global Vacuum Gas Oil（VGO） Price by Type (2021–2032)

6 Segment by Application

6.1 Global Vacuum Gas Oil（VGO） Production by Application (2021–2032)

6.1.1 Global Vacuum Gas Oil（VGO） Production by Application (2021–2026)

6.1.2 Global Vacuum Gas Oil（VGO） Production by Application (2027–2032)

6.1.3 Global Vacuum Gas Oil（VGO） Production Market Share by Application (2021–2032)

6.2 Global Vacuum Gas Oil（VGO） Production Value by Application (2021–2032)

6.2.1 Global Vacuum Gas Oil（VGO） Production Value by Application (2021–2026)

6.2.2 Global Vacuum Gas Oil（VGO） Production Value by Application (2027–2032)

6.2.3 Global Vacuum Gas Oil（VGO） Production Value Market Share by Application (2021–2032)

6.3 Global Vacuum Gas Oil（VGO） Price by Application (2021–2032)

7 Key Companies Profiled

7.1 Kuwait Petroleum Corporation (KPC)

7.1.1 Kuwait Petroleum Corporation (KPC) Vacuum Gas Oil（VGO） Company Information

7.1.2 Kuwait Petroleum Corporation (KPC) Vacuum Gas Oil（VGO） Product Portfolio

7.1.3 Kuwait Petroleum Corporation (KPC) Vacuum Gas Oil（VGO） Production, Value, Price, and Gross Margin (2021–2026)

7.1.4 Kuwait Petroleum Corporation (KPC) Main Business and Markets Served

7.1.5 Kuwait Petroleum Corporation (KPC) Recent Developments/Updates

7.2 Axeon Specialty Products

7.2.1 Axeon Specialty Products Vacuum Gas Oil（VGO） Company Information

7.2.2 Axeon Specialty Products Vacuum Gas Oil（VGO） Product Portfolio

7.2.3 Axeon Specialty Products Vacuum Gas Oil（VGO） Production, Value, Price, and Gross Margin (2021–2026)

7.2.4 Axeon Specialty Products Main Business and Markets Served

7.2.5 Axeon Specialty Products Recent Developments/Updates

7.3 Marathon Oil

7.3.1 Marathon Oil Vacuum Gas Oil（VGO） Company Information

7.3.2 Marathon Oil Vacuum Gas Oil（VGO） Product Portfolio

7.3.3 Marathon Oil Vacuum Gas Oil（VGO） Production, Value, Price, and Gross Margin (2021–2026)

7.3.4 Marathon Oil Main Business and Markets Served

7.3.5 Marathon Oil Recent Developments/Updates

7.4 U.S. Oil & Refining

7.4.1 U.S. Oil & Refining Vacuum Gas Oil（VGO） Company Information

7.4.2 U.S. Oil & Refining Vacuum Gas Oil（VGO） Product Portfolio

7.4.3 U.S. Oil & Refining Vacuum Gas Oil（VGO） Production, Value, Price, and Gross Margin (2021–2026)

7.4.4 U.S. Oil & Refining Main Business and Markets Served

7.4.5 U.S. Oil & Refining Recent Developments/Updates

7.5 KazMunayGas (KMG)

7.5.1 KazMunayGas (KMG) Vacuum Gas Oil（VGO） Company Information

7.5.2 KazMunayGas (KMG) Vacuum Gas Oil（VGO） Product Portfolio

7.5.3 KazMunayGas (KMG) Vacuum Gas Oil（VGO） Production, Value, Price, and Gross Margin (2021–2026)

7.5.4 KazMunayGas (KMG) Main Business and Markets Served

7.5.5 KazMunayGas (KMG) Recent Developments/Updates

7.6 TAIF-NK PSC

7.6.1 TAIF-NK PSC Vacuum Gas Oil（VGO） Company Information

7.6.2 TAIF-NK PSC Vacuum Gas Oil（VGO） Product Portfolio

7.6.3 TAIF-NK PSC Vacuum Gas Oil（VGO） Production, Value, Price, and Gross Margin (2021–2026)

7.6.4 TAIF-NK PSC Main Business and Markets Served

7.6.5 TAIF-NK PSC Recent Developments/Updates

7.7 Tatneft

7.7.1 Tatneft Vacuum Gas Oil（VGO） Company Information

7.7.2 Tatneft Vacuum Gas Oil（VGO） Product Portfolio

7.7.3 Tatneft Vacuum Gas Oil（VGO） Production, Value, Price, and Gross Margin (2021–2026)

7.7.4 Tatneft Main Business and Markets Served

7.7.5 Tatneft Recent Developments/Updates

7.8 Rosneft

7.8.1 Rosneft Vacuum Gas Oil（VGO） Company Information

7.8.2 Rosneft Vacuum Gas Oil（VGO） Product Portfolio

7.8.3 Rosneft Vacuum Gas Oil（VGO） Production, Value, Price, and Gross Margin (2021–2026)

7.8.4 Rosneft Main Business and Markets Served

7.8.5 Rosneft Recent Developments/Updates

7.9 Integrated Refinery Petrochemical Complex (IRPC)

7.9.1 Integrated Refinery Petrochemical Complex (IRPC) Vacuum Gas Oil（VGO） Company Information

7.9.2 Integrated Refinery Petrochemical Complex (IRPC) Vacuum Gas Oil（VGO） Product Portfolio

7.9.3 Integrated Refinery Petrochemical Complex (IRPC) Vacuum Gas Oil（VGO） Production, Value, Price, and Gross Margin (2021–2026)

7.9.4 Integrated Refinery Petrochemical Complex (IRPC) Main Business and Markets Served

7.9.5 Integrated Refinery Petrochemical Complex (IRPC) Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 Vacuum Gas Oil（VGO） Industry Chain Analysis

8.2 Vacuum Gas Oil（VGO） Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 Vacuum Gas Oil（VGO） Production Modes and Processes

8.4 Vacuum Gas Oil（VGO） Sales and Marketing

8.4.1 Vacuum Gas Oil（VGO） Sales Channels

8.4.2 Vacuum Gas Oil（VGO） Distributors

8.5 Vacuum Gas Oil（VGO） Customer Analysis

9 Vacuum Gas Oil（VGO） Market Dynamics

9.1 Vacuum Gas Oil（VGO） Industry Trends

9.2 Vacuum Gas Oil（VGO） Market Drivers

9.3 Vacuum Gas Oil（VGO） Market Challenges

9.4 Vacuum Gas Oil（VGO） Market Restraints

9.5 Impact of U.S. Tariffs

10 Research Findings and Conclusion

11 Methodology and Data Source

11.1 Methodology/Research Approach

11.1.1 Research Programs/Design

11.1.2 Market Size Estimation

11.1.3 Market Breakdown and Data Triangulation

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Author List

11.4 Disclaimer

FEATURED COMPANIES

Axeon Specialty Products

Marathon Oil

U.S. Oil & Refining

Tatneft

ROSNEFT

Integrated Refinery Petrochemical Complex (IRPC)

Kuwait Petroleum Corporation

KMG

Kuwait Petroleum Corporation (KPC)

KazMunayGas (KMG)

TAIF-NK PSC

U.S. Oil & Refining

List of Tables

Table 1. Global Vacuum Gas Oil（VGO） Market Value by Type (US$ Million), 2025 vs 2032

Table 2. Global Vacuum Gas Oil（VGO） Market Value by Application (US$ Million), 2025 vs 2032

Table 3. Global Vacuum Gas Oil（VGO） Production Capacity (K MT) by Manufacturers in 2025

Table 4. Global Vacuum Gas Oil（VGO） Production by Manufacturers (K MT), 2021–2026

Table 5. Global Vacuum Gas Oil（VGO） Production Market Share by Manufacturers (2021–2026)

Table 6. Global Vacuum Gas Oil（VGO） Production Value by Manufacturers (US$ Million), 2021–2026

Table 7. Global Vacuum Gas Oil（VGO） Production Value Share by Manufacturers (2021–2026)

Table 8. Global Key Players of Vacuum Gas Oil（VGO）, Industry Ranking, 2024 vs 2025

Table 9. Classification of Companies by Tier (Tier 1, Tier 2, Tier 3), based on Vacuum Gas Oil（VGO） Production Value, 2025

Table 10. Global Market Vacuum Gas Oil（VGO） Average Price by Manufacturers (US$/MT), 2021–2026

Table 11. Global Key Manufacturers of Vacuum Gas Oil（VGO）, Manufacturing Footprints and Headquarters

Table 12. Global Key Manufacturers of Vacuum Gas Oil（VGO）, Product Offerings and Applications

Table 13. Global Key Manufacturers of Vacuum Gas Oil（VGO）, Date of Entry into the Industry

Table 14. Global Vacuum Gas Oil（VGO） Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 15. Mergers & Acquisitions and Expansion Plans

Table 16. Global Vacuum Gas Oil（VGO） Production Value by Region: 2021 vs 2025 vs 2032 (US$ Million)

Table 17. Global Vacuum Gas Oil（VGO） Production Value (US$ Million) by Region (2021–2026)

Table 18. Global Vacuum Gas Oil（VGO） Production Value Market Share by Region (2021–2026)

Table 19. Global Vacuum Gas Oil（VGO） Production Value (US$ Million) Forecast by Region (2027–2032)

Table 20. Global Vacuum Gas Oil（VGO） Production Value Market Share Forecast by Region (2027–2032)

Table 21. Global Vacuum Gas Oil（VGO） Production Comparison by Region: 2021 vs 2025 vs 2032 (K MT)

Table 22. Global Vacuum Gas Oil（VGO） Production (K MT) by Region (2021–2026)

Table 23. Global Vacuum Gas Oil（VGO） Production Market Share by Region (2021–2026)

Table 24. Global Vacuum Gas Oil（VGO） Production (K MT) Forecast by Region (2027–2032)

Table 25. Global Vacuum Gas Oil（VGO） Production Market Share Forecast by Region (2027–2032)

Table 26. Global Vacuum Gas Oil（VGO） Market Average Price (US$/MT) by Region (2021–2026)

Table 27. Global Vacuum Gas Oil（VGO） Market Average Price (US$/MT) by Region (2027–2032)

Table 28. Global Vacuum Gas Oil（VGO） Consumption Growth Rate by Region: 2021 vs 2025 vs 2032 (K MT)

Table 29. Global Vacuum Gas Oil（VGO） Consumption by Region (K MT), 2021–2026

Table 30. Global Vacuum Gas Oil（VGO） Consumption Market Share by Region (2021–2026)

Table 31. Global Vacuum Gas Oil（VGO） Forecasted Consumption by Region (K MT), 2027–2032

Table 32. Global Vacuum Gas Oil（VGO） Forecasted Consumption Market Share by Region (2027–2032)

Table 33. North America Vacuum Gas Oil（VGO） Consumption Growth Rate by Country: 2021 vs 2025 vs 2032 (K MT)

Table 34. North America Vacuum Gas Oil（VGO） Consumption by Country (K MT), 2021–2026

Table 35. North America Vacuum Gas Oil（VGO） Consumption by Country (K MT), 2027–2032

Table 36. Europe Vacuum Gas Oil（VGO） Consumption Growth Rate by Country: 2021 vs 2025 vs 2032 (K MT)

Table 37. Europe Vacuum Gas Oil（VGO） Consumption by Country (K MT), 2021–2026

Table 38. Europe Vacuum Gas Oil（VGO） Consumption by Country (K MT), 2027–2032

Table 39. Asia Pacific Vacuum Gas Oil（VGO） Consumption Growth Rate by Region: 2021 vs 2025 vs 2032 (K MT)

Table 40. Asia Pacific Vacuum Gas Oil（VGO） Consumption by Region (K MT), 2021–2026

Table 41. Asia Pacific Vacuum Gas Oil（VGO） Consumption by Region (K MT), 2027–2032

Table 42. Latin America, Middle East & Africa Vacuum Gas Oil（VGO） Consumption Growth Rate by Country: 2021 vs 2025 vs 2032 (K MT)

Table 43. Latin America, Middle East & Africa Vacuum Gas Oil（VGO） Consumption by Country (K MT), 2021–2026

Table 44. Latin America, Middle East & Africa Vacuum Gas Oil（VGO） Consumption by Country (K MT), 2027–2032

Table 45. Global Vacuum Gas Oil（VGO） Production (K MT) by Type (2021–2026)

Table 46. Global Vacuum Gas Oil（VGO） Production (K MT) by Type (2027–2032)

Table 47. Global Vacuum Gas Oil（VGO） Production Market Share by Type (2021–2026)

Table 48. Global Vacuum Gas Oil（VGO） Production Market Share by Type (2027–2032)

Table 49. Global Vacuum Gas Oil（VGO） Production Value (US$ Million) by Type (2021–2026)

Table 50. Global Vacuum Gas Oil（VGO） Production Value (US$ Million) by Type (2027–2032)

Table 51. Global Vacuum Gas Oil（VGO） Production Value Market Share by Type (2021–2026)

Table 52. Global Vacuum Gas Oil（VGO） Production Value Market Share by Type (2027–2032)

Table 53. Global Vacuum Gas Oil（VGO） Price (US$/MT) by Type (2021–2026)

Table 54. Global Vacuum Gas Oil（VGO） Price (US$/MT) by Type (2027–2032)

Table 55. Global Vacuum Gas Oil（VGO） Production (K MT) by Application (2021–2026)

Table 56. Global Vacuum Gas Oil（VGO） Production (K MT) by Application (2027–2032)

Table 57. Global Vacuum Gas Oil（VGO） Production Market Share by Application (2021–2026)

Table 58. Global Vacuum Gas Oil（VGO） Production Market Share by Application (2027–2032)

Table 59. Global Vacuum Gas Oil（VGO） Production Value (US$ Million) by Application (2021–2026)

Table 60. Global Vacuum Gas Oil（VGO） Production Value (US$ Million) by Application (2027–2032)

Table 61. Global Vacuum Gas Oil（VGO） Production Value Market Share by Application (2021–2026)

Table 62. Global Vacuum Gas Oil（VGO） Production Value Market Share by Application (2027–2032)

Table 63. Global Vacuum Gas Oil（VGO） Price (US$/MT) by Application (2021–2026)

Table 64. Global Vacuum Gas Oil（VGO） Price (US$/MT) by Application (2027–2032)

Table 65. Kuwait Petroleum Corporation (KPC) Vacuum Gas Oil（VGO） Company Information

Table 66. Kuwait Petroleum Corporation (KPC) Vacuum Gas Oil（VGO） Specification and Application

Table 67. Kuwait Petroleum Corporation (KPC) Vacuum Gas Oil（VGO） Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2021–2026)

Table 68. Kuwait Petroleum Corporation (KPC) Main Business and Markets Served

Table 69. Kuwait Petroleum Corporation (KPC) Recent Developments/Updates

Table 70. Axeon Specialty Products Vacuum Gas Oil（VGO） Company Information

Table 71. Axeon Specialty Products Vacuum Gas Oil（VGO） Specification and Application

Table 72. Axeon Specialty Products Vacuum Gas Oil（VGO） Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2021–2026)

Table 73. Axeon Specialty Products Main Business and Markets Served

Table 74. Axeon Specialty Products Recent Developments/Updates

Table 75. Marathon Oil Vacuum Gas Oil（VGO） Company Information

Table 76. Marathon Oil Vacuum Gas Oil（VGO） Specification and Application

Table 77. Marathon Oil Vacuum Gas Oil（VGO） Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2021–2026)

Table 78. Marathon Oil Main Business and Markets Served

Table 79. Marathon Oil Recent Developments/Updates

Table 80. U.S. Oil & Refining Vacuum Gas Oil（VGO） Company Information

Table 81. U.S. Oil & Refining Vacuum Gas Oil（VGO） Specification and Application

Table 82. U.S. Oil & Refining Vacuum Gas Oil（VGO） Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2021–2026)

Table 83. U.S. Oil & Refining Main Business and Markets Served

Table 84. U.S. Oil & Refining Recent Developments/Updates

Table 85. KazMunayGas (KMG) Vacuum Gas Oil（VGO） Company Information

Table 86. KazMunayGas (KMG) Vacuum Gas Oil（VGO） Specification and Application

Table 87. KazMunayGas (KMG) Vacuum Gas Oil（VGO） Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2021–2026)

Table 88. KazMunayGas (KMG) Main Business and Markets Served

Table 89. KazMunayGas (KMG) Recent Developments/Updates

Table 90. TAIF-NK PSC Vacuum Gas Oil（VGO） Company Information

Table 91. TAIF-NK PSC Vacuum Gas Oil（VGO） Specification and Application

Table 92. TAIF-NK PSC Vacuum Gas Oil（VGO） Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2021–2026)

Table 93. TAIF-NK PSC Main Business and Markets Served

Table 94. TAIF-NK PSC Recent Developments/Updates

Table 95. Tatneft Vacuum Gas Oil（VGO） Company Information

Table 96. Tatneft Vacuum Gas Oil（VGO） Specification and Application

Table 97. Tatneft Vacuum Gas Oil（VGO） Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2021–2026)

Table 98. Tatneft Main Business and Markets Served

Table 99. Tatneft Recent Developments/Updates

Table 100. Rosneft Vacuum Gas Oil（VGO） Company Information

Table 101. Rosneft Vacuum Gas Oil（VGO） Specification and Application

Table 102. Rosneft Vacuum Gas Oil（VGO） Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2021–2026)

Table 103. Rosneft Main Business and Markets Served

Table 104. Rosneft Recent Developments/Updates

Table 105. Integrated Refinery Petrochemical Complex (IRPC) Vacuum Gas Oil（VGO） Company Information

Table 106. Integrated Refinery Petrochemical Complex (IRPC) Vacuum Gas Oil（VGO） Specification and Application

Table 107. Integrated Refinery Petrochemical Complex (IRPC) Vacuum Gas Oil（VGO） Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2021–2026)

Table 108. Integrated Refinery Petrochemical Complex (IRPC) Main Business and Markets Served

Table 109. Integrated Refinery Petrochemical Complex (IRPC) Recent Developments/Updates

Table 110. Key Raw Materials Lists

Table 111. Raw Materials Key Suppliers Lists

Table 112. Vacuum Gas Oil（VGO） Distributors List

Table 113. Vacuum Gas Oil（VGO） Customers List

Table 114. Vacuum Gas Oil（VGO） Market Trends

Table 115. Vacuum Gas Oil（VGO） Market Drivers

Table 116. Vacuum Gas Oil（VGO） Market Challenges

Table 117. Vacuum Gas Oil（VGO） Market Restraints

Table 118. Research Programs/Design for This Report

Table 119. Key Data Information from Secondary Sources

Table 120. Key Data Information from Primary Sources

Table 121. Authors List of This Report

List of Figures

Figure 1. Product Picture of Vacuum Gas Oil（VGO）

Figure 2. Global Vacuum Gas Oil（VGO） Market Value by Type (US$ Million), 2021–2032

Figure 3. Global Vacuum Gas Oil（VGO） Market Share by Type: 2025 vs 2032

Figure 4. Heavy Vacuum Gas Oil (HVGO) Product Picture

Figure 5. Light Vacuum Gas Oil (LVGO) Product Picture

Figure 6. Global Vacuum Gas Oil（VGO） Market Value by Application (US$ Million), 2021–2032

Figure 7. Global Vacuum Gas Oil（VGO） Market Share by Application: 2025 vs 2032

Figure 8. Gasoline Production

Figure 9. Diesel / Kerosene Production

Figure 10. Global Vacuum Gas Oil（VGO） Production Value (US$ Million), 2021 vs 2025 vs 2032

Figure 11. Global Vacuum Gas Oil（VGO） Production Value (US$ Million), 2021–2032

Figure 12. Global Vacuum Gas Oil（VGO） Production Capacity (K MT), 2021–2032

Figure 13. Global Vacuum Gas Oil（VGO） Production (K MT), 2021–2032

Figure 14. Global Vacuum Gas Oil（VGO） Average Price (US$/MT), 2021–2032

Figure 15. Vacuum Gas Oil（VGO） Report Years Considered

Figure 16. Vacuum Gas Oil（VGO） Production Share by Manufacturers in 2025

Figure 17. Global Vacuum Gas Oil（VGO） Production Value Share by Manufacturers (2025)

Figure 18. Vacuum Gas Oil（VGO） Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2021 vs 2025

Figure 19. Top 5 and Top 10 Global Players: Market Share by Vacuum Gas Oil（VGO） Revenue in 2025

Figure 20. Global Vacuum Gas Oil（VGO） Production Value by Region: 2021 vs 2025 vs 2032 (US$ Million)

Figure 21. Global Vacuum Gas Oil（VGO） Production Value Market Share by Region: 2021 vs 2025 vs 2032

Figure 22. Global Vacuum Gas Oil（VGO） Production Comparison by Region: 2021 vs 2025 vs 2032 (K MT)

Figure 23. Global Vacuum Gas Oil（VGO） Production Market Share by Region: 2021 vs 2025 vs 2032

Figure 24. North America Vacuum Gas Oil（VGO） Production Value (US$ Million) Growth Rate (2021–2032)

Figure 25. Europe Vacuum Gas Oil（VGO） Production Value (US$ Million) Growth Rate (2021–2032)

Figure 26. Mid East & Africa Vacuum Gas Oil（VGO） Production Value (US$ Million) Growth Rate (2021–2032)

Figure 27. Southeast Asia Vacuum Gas Oil（VGO） Production Value (US$ Million) Growth Rate (2021–2032)

Figure 28. Global Vacuum Gas Oil（VGO） Consumption by Region: 2021 vs 2025 vs 2032 (K MT)

Figure 29. Global Vacuum Gas Oil（VGO） Consumption Market Share by Region: 2021 vs 2025 vs 2032

Figure 30. North America Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 31. North America Vacuum Gas Oil（VGO） Consumption Market Share by Country (2021–2032)

Figure 32. U.S. Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 33. Canada Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 34. Europe Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 35. Europe Vacuum Gas Oil（VGO） Consumption Market Share by Country (2021–2032)

Figure 36. Germany Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 37. France Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 38. U.K. Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 39. Italy Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 40. Russia Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 41. Asia Pacific Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 42. Asia Pacific Vacuum Gas Oil（VGO） Consumption Market Share by Region (2021–2032)

Figure 43. China Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 44. Japan Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 45. South Korea Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 46. China Taiwan Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 47. Southeast Asia Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 48. India Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 49. Latin America, Middle East & Africa Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 50. Latin America, Middle East & Africa Vacuum Gas Oil（VGO） Consumption Market Share by Country (2021–2032)

Figure 51. Mexico Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 52. Brazil Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 53. Turkey Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 54. GCC Countries Vacuum Gas Oil（VGO） Consumption and Growth Rate (K MT), 2021–2032

Figure 55. Global Production Market Share of Vacuum Gas Oil（VGO） by Type (2021–2032)

Figure 56. Global Production Value Market Share of Vacuum Gas Oil（VGO） by Type (2021–2032)

Figure 57. Global Vacuum Gas Oil（VGO） Price (US$/MT) by Type (2021–2032)

Figure 58. Global Production Market Share of Vacuum Gas Oil（VGO） by Application (2021–2032)

Figure 59. Global Production Value Market Share of Vacuum Gas Oil（VGO） by Application (2021–2032)

Figure 60. Global Vacuum Gas Oil（VGO） Price (US$/MT) by Application (2021–2032)

Figure 61. Vacuum Gas Oil（VGO） Value Chain

Figure 62. Channels of Distribution (Direct Vs Distribution)

Figure 63. Bottom-up and Top-down Approaches for This Report

Figure 64. Data Triangulation

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