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There are xx businesses in the Petroleum Refining industry in the UK, which is expected to grow at xx% over the next five years. Petroleum refining is the process of turning crude oil into more usable products such as petrol. The major oil refineries manufacture petrol, diesel, jet fuel, gas oil and petroleum gas. The refining process also leads to the production of byproducts such as naphtha, which can be used as a solvent. Companies in this industry also manufacture a range of petroleum-based products such as petroleum jelly, paraffin wax and white spirit.
Curious about what drives these trends? IBISWorld's Petroleum Refining in the UK 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 |
|---|---|---|---|---|
| Electric Utilities in Europe |
|
XX% | XX% | $XX |
| Fuel Wholesaling in the UK |
|
XX% | XX% | $XX |
| Petroleum Refining in the US |
|
XX% | XX% | $XX |
| Petroleum Refining and Petroleum Fuel Manufacturing in Australia |
|
XX% | XX% | $XX |
| Oil & Petroleum Refining in China |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
There is 94 Petroleum Refining in the UK businesses as of 2025, an increase of 0.0% from 2024.
The number of Petroleum Refining in the UK businesses has grown 0.4% per year on average over the five years between 2020 and 2025.
See our full analysis of the Petroleum Refining in the UK to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
The Petroleum Refining in the UK has moderate market share concentration and the largest business is TotalEnergies SE.