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Global Heavy Fuel Oil Market 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The analyst has been monitoring the global heavy fuel oil market and it is poised to grow by USD 52.68 bn during 2020-2024, progressing at a CAGR of -15% during the forecast period. This report on the global heavy fuel oil market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rising seaborne trade activites. In addition, development of scrubber technology is anticipated to boost the growth of the global heavy fuel oil market as well.
Market Segmentation
The global heavy fuel oil market is segmented as below:
End-user
- Shipping
- Others
Geographic segmentation
- APAC
- Europe
- MEA
- North America
- South America
Key Trends for global heavy fuel oil market growth
This study identifies development of scrubber technology as the prime reasons driving the global heavy fuel oil market growth during the next few years.
Prominent vendors in global heavy fuel oil market
We provide a detailed analysis of around 25 vendors operating in the global heavy fuel oil market, including some of the vendors such as BP Plc, Chevron Corp., Exxon Mobil Corp., Indian Oil Corp. Ltd., Neste Oyj, PetroChina Co. Ltd., Qatar Petroleum, Rosneft Oil Co., Royal Dutch Shell Plc and TOTAL SA .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Table of Contents
01: EXECUTIVE SUMMARY07: CUSTOMER LANDSCAPE09: DECISION FRAMEWORK
02: SCOPE OF THE REPORT
03: MARKET LANDSCAPE
04: MARKET SIZING
05: FIVE FORCES ANALYSIS
06: MARKET SEGMENTATION BY END-USER
08: GEOGRAPHIC LANDSCAPE
10: DRIVERS AND CHALLENGES
11: MARKET TRENDS
12: VENDOR LANDSCAPE
13: VENDOR ANALYSIS
14: APPENDIX
List of Exhibits
Executive Summary
The following companies as the key players in the global heavy fuel oil market: BP Plc, Chevron Corp., Exxon Mobil Corp., Indian Oil Corp. Ltd., Neste Oyj, PetroChina Co. Ltd., Qatar Petroleum, Rosneft Oil Co., Royal Dutch Shell Plc and TOTAL SA.Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is development of scrubber technology”
According to the report, one of the major drivers for this market is the rising seaborne trade activites.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BP Plc
- Chevron Corp.
- Exxon Mobil Corp.
- Indian Oil Corp. Ltd.
- Neste Oyj
- PetroChina Co. Ltd.
- Qatar Petroleum
- Rosneft Oil Co.
- Royal Dutch Shell Plc
- TOTAL SA
