Global Heavy Fuel Oil Market 2020-2024 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. Our reports on 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:
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.
Our reports have been used by over 10K customers, including:
186 pages •
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