Oil & Petroleum Refining in China - Market Size (2004–2030)

2511 Last Updated: May 2025

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$744.9bn

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Oil & Petroleum Refining in China Market Size in 2025
3.8%

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 Oil & Petroleum Refining in China Market Size Growth in 2025
5.2%

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 Oil & Petroleum Refining in China Market Size CAGR 2020-2025

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 Oil & Petroleum Refining in China Market Size CAGR 2025-2030

Curious about what drives these trends? IBISWorld's Oil & Petroleum Refining in China Industry Report has got you covered.

Questions Clients Ask About This Industry

  • What was the market size of the Oil & Petroleum Refining in China in 2024?

    The market size of the Oil & Petroleum Refining in China was $717.6bn in 2024.

  • What was the growth rate of the Oil & Petroleum Refining in China in 2024?

    The market size of the Oil & Petroleum Refining in China decreased -6.4% in 2024.

  • What was the market size of the Oil & Petroleum Refining in China in 2025?

    The market size of the Oil & Petroleum Refining in China is $744.9bn in 2025.

  • What is the growth rate of the Oil & Petroleum Refining in China in 2025?

    The market size of the Oil & Petroleum Refining in China increased 3.8% in 2025.

  • Has the Oil & Petroleum Refining in China grown or declined over the past 5 years?

    The market size of the Oil & Petroleum Refining in China has declined at a -6.4% CAGR between 2019 and 2024.

  • Is the Oil & Petroleum Refining in China expected to grow or decline over the next five years?

    See our full analysis of the Oil & Petroleum Refining in China to understand if the industry market size is expected to grow or decline over the next five years.

  • Has the Oil & Petroleum Refining in China grown or declined over the past 5 years?

    The market size of the Oil & Petroleum Refining in China has grown at a 5.2% CAGR between 2020 and 2025.

  • Is the Oil & Petroleum Refining in China expected to grow or decline over the next five years?

    See our full analysis of the Oil & Petroleum Refining in China to understand if the industry market size is expected to grow or decline over the next five years.

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