Hindustan Petroleum SWOT Analysis, Competitors & USP
SWOT analysis of Hindustan Petroleum analyses the brand by its strengths, weaknesses, opportunities & threats. In Hindustan Petroleum SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Hindustan Petroleum to benchmark its business & performance as compared to the competitors. Hindustan Petroleum is one of the leading brands in the energy & power sector.
The article below lists the Hindustan Petroleum SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Hindustan Petroleum SWOT Analysis:
In this article:
SWOT Analysis of Hindustan Petroleum
For Hindustan Petroleum, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.
Hindustan Petroleum Strengths
The strengths of Hindustan Petroleum looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value. Below are the Strengths in the SWOT Analysis of Hindustan Petroleum :
1. HPCL is one of India's major oil and gas company
2. Hindustan Petroleum operates largest Lube refiniery in India
3. Large product portfolio including oil, natural gas, lubricants etc
4. HPCL owns and operates the largest Lube Refinery in India producing Lube Base Oils of international standards
5. Produces over 300+ grades of Lubes, Specialities and Greases
6. More than 11,000+ people are employed with HPCL
7. HPCL has refineries in Mumbai, Vishakapatnam, Mangalore, Bhatinda and Rajasthan
8. Strong backing of the Indian government gives it financial stability
Hindustan Petroleum Weaknesses
The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Hindustan Petroleum SWOT Analysis:
1. Intense competition from other PSU's and international oil companies means limited market share
2. Government intervention often disrupts operations efficiency
Hindustan Petroleum Opportunities
The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Hindustan Petroleum SWOT Analysis:
1. HPCL can tap the increasing fuel/oil prices and increase margins
2. Increasing demand for natural gas in transport and industries
3. HPCL can focus on partnerships and international growth to expand export market
4. Acquisition and tei-ups to strengthen its market position
Hindustan Petroleum Threats
The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Hindustan Petroleum are as mentioned:
1. Government regulations can affect HPCL's performance
2. High Competition from other players
3. Fluctuating market and crude prices can reduce profitability for HPCL
Hindustan Petroleum Competitors
There are several brands in the market which are competing for the same set of customers. Below are the top 4 competitors of Hindustan Petroleum:
2. IOCL
3. ONGC
4. Reliance Industries Limited
Hence this concludes the Hindustan Petroleum SWOT analysis.
Continue reading more about the brand/company.
About Hindustan Petroleum
|
Hindustan Petroleum (HPCL) | |
| Parent Company | HPCL |
|---|---|
| Category |
Oil & Gas |
| Sector | |
| Tagline/ Slogan |
Full of Energy |
| USP |
HPCL has got a strong marketing structure among other PSUs |
| Hindustan Petroleum STP | |
| Segmentation |
Corporates, countries, individuals looking to fulfill energy needs |
| Target Market |
Enterprises looking for energy for production, people for petrol diesel for vehicles and domestic uses |
| Positioning |
HPCL is working for fulfilling the energy needs of India |
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
Browse marketing analysis of more brands and companies similar to Hindustan Petroleum. This section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2500 brands from over 20 industry sectors.
Continue Reading:
The brand names and other brand information used in the SWOT Analysis section are properties of their respective companies. The companies are not associated with MBA Skool in any way.
Edit the brand or add a new one to SWOT Analysis section : Contribute
