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Global Heavy Fuel Oil (HFO) Market Research Report 2025
Synopsis
The global Heavy Fuel Oil (HFO) market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Heavy Fuel Oil (HFO) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Heavy Fuel Oil (HFO) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Heavy Fuel Oil (HFO) include Rosneft, Lukoil, Gazprom, Marathon Petroleum, ExxonMobil, BP, Chevron, Royal Dutch Shell and Qatar Petroleum, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Heavy Fuel Oil (HFO), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heavy Fuel Oil (HFO).
Report Scope
The Heavy Fuel Oil (HFO) market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Heavy Fuel Oil (HFO) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Heavy Fuel Oil (HFO) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Rosneft
Lukoil
Gazprom
Marathon Petroleum
ExxonMobil
BP
Chevron
Royal Dutch Shell
Qatar Petroleum
Sinopec
CNPC
CNOOC
Cepsa
Segment by Type
Sulfur Content＜ 0.31%
Sulfur Content 0.31% ~ 1.00%
Sulfur Content > 1.00%
Segment by Application
Marine
Power Plants
Industrial Boilers
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Heavy Fuel Oil (HFO) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Heavy Fuel Oil (HFO) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Heavy Fuel Oil (HFO) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The global Heavy Fuel Oil (HFO) market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Heavy Fuel Oil (HFO) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Heavy Fuel Oil (HFO) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Heavy Fuel Oil (HFO) include Rosneft, Lukoil, Gazprom, Marathon Petroleum, ExxonMobil, BP, Chevron, Royal Dutch Shell and Qatar Petroleum, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Heavy Fuel Oil (HFO), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heavy Fuel Oil (HFO).
Report Scope
The Heavy Fuel Oil (HFO) market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Heavy Fuel Oil (HFO) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Heavy Fuel Oil (HFO) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Rosneft
Lukoil
Gazprom
Marathon Petroleum
ExxonMobil
BP
Chevron
Royal Dutch Shell
Qatar Petroleum
Sinopec
CNPC
CNOOC
Cepsa
Segment by Type
Sulfur Content＜ 0.31%
Sulfur Content 0.31% ~ 1.00%
Sulfur Content > 1.00%
Segment by Application
Marine
Power Plants
Industrial Boilers
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Heavy Fuel Oil (HFO) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Heavy Fuel Oil (HFO) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Heavy Fuel Oil (HFO) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Heavy Fuel Oil (HFO) Market Overview
1.1 Product Definition
1.2 Heavy Fuel Oil (HFO) Segment by Type
1.2.1 Global Heavy Fuel Oil (HFO) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Sulfur Content＜ 0.31%
1.2.3 Sulfur Content 0.31% ~ 1.00%
1.2.4 Sulfur Content > 1.00%
1.3 Heavy Fuel Oil (HFO) Segment by Application
1.3.1 Global Heavy Fuel Oil (HFO) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Marine
1.3.3 Power Plants
1.3.4 Industrial Boilers
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Heavy Fuel Oil (HFO) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Heavy Fuel Oil (HFO) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Heavy Fuel Oil (HFO) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Heavy Fuel Oil (HFO) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Heavy Fuel Oil (HFO) Production Market Share by Manufacturers (2019-2024)
2.2 Global Heavy Fuel Oil (HFO) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Heavy Fuel Oil (HFO), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Heavy Fuel Oil (HFO) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Heavy Fuel Oil (HFO) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Heavy Fuel Oil (HFO), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Heavy Fuel Oil (HFO), Product Offered and Application
2.8 Global Key Manufacturers of Heavy Fuel Oil (HFO), Date of Enter into This Industry
2.9 Heavy Fuel Oil (HFO) Market Competitive Situation and Trends
2.9.1 Heavy Fuel Oil (HFO) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Heavy Fuel Oil (HFO) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Heavy Fuel Oil (HFO) Production by Region
3.1 Global Heavy Fuel Oil (HFO) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Heavy Fuel Oil (HFO) Production Value by Region (2019-2030)
3.2.1 Global Heavy Fuel Oil (HFO) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Heavy Fuel Oil (HFO) by Region (2025-2030)
3.3 Global Heavy Fuel Oil (HFO) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Heavy Fuel Oil (HFO) Production by Region (2019-2030)
3.4.1 Global Heavy Fuel Oil (HFO) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Heavy Fuel Oil (HFO) by Region (2025-2030)
3.5 Global Heavy Fuel Oil (HFO) Market Price Analysis by Region (2019-2024)
3.6 Global Heavy Fuel Oil (HFO) Production and Value, Year-over-Year Growth
3.6.1 North America Heavy Fuel Oil (HFO) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Heavy Fuel Oil (HFO) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Heavy Fuel Oil (HFO) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Heavy Fuel Oil (HFO) Production Value Estimates and Forecasts (2019-2030)
4 Heavy Fuel Oil (HFO) Consumption by Region
4.1 Global Heavy Fuel Oil (HFO) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Heavy Fuel Oil (HFO) Consumption by Region (2019-2030)
4.2.1 Global Heavy Fuel Oil (HFO) Consumption by Region (2019-2024)
4.2.2 Global Heavy Fuel Oil (HFO) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Heavy Fuel Oil (HFO) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Heavy Fuel Oil (HFO) Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Heavy Fuel Oil (HFO) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Heavy Fuel Oil (HFO) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Heavy Fuel Oil (HFO) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Heavy Fuel Oil (HFO) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Heavy Fuel Oil (HFO) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Heavy Fuel Oil (HFO) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Heavy Fuel Oil (HFO) Production by Type (2019-2030)
5.1.1 Global Heavy Fuel Oil (HFO) Production by Type (2019-2024)
5.1.2 Global Heavy Fuel Oil (HFO) Production by Type (2025-2030)
5.1.3 Global Heavy Fuel Oil (HFO) Production Market Share by Type (2019-2030)
5.2 Global Heavy Fuel Oil (HFO) Production Value by Type (2019-2030)
5.2.1 Global Heavy Fuel Oil (HFO) Production Value by Type (2019-2024)
5.2.2 Global Heavy Fuel Oil (HFO) Production Value by Type (2025-2030)
5.2.3 Global Heavy Fuel Oil (HFO) Production Value Market Share by Type (2019-2030)
5.3 Global Heavy Fuel Oil (HFO) Price by Type (2019-2030)
6 Segment by Application
6.1 Global Heavy Fuel Oil (HFO) Production by Application (2019-2030)
6.1.1 Global Heavy Fuel Oil (HFO) Production by Application (2019-2024)
6.1.2 Global Heavy Fuel Oil (HFO) Production by Application (2025-2030)
6.1.3 Global Heavy Fuel Oil (HFO) Production Market Share by Application (2019-2030)
6.2 Global Heavy Fuel Oil (HFO) Production Value by Application (2019-2030)
6.2.1 Global Heavy Fuel Oil (HFO) Production Value by Application (2019-2024)
6.2.2 Global Heavy Fuel Oil (HFO) Production Value by Application (2025-2030)
6.2.3 Global Heavy Fuel Oil (HFO) Production Value Market Share by Application (2019-2030)
6.3 Global Heavy Fuel Oil (HFO) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Rosneft
7.1.1 Rosneft Heavy Fuel Oil (HFO) Corporation Information
7.1.2 Rosneft Heavy Fuel Oil (HFO) Product Portfolio
7.1.3 Rosneft Heavy Fuel Oil (HFO) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Rosneft Main Business and Markets Served
7.1.5 Rosneft Recent Developments/Updates
7.2 Lukoil
7.2.1 Lukoil Heavy Fuel Oil (HFO) Corporation Information
7.2.2 Lukoil Heavy Fuel Oil (HFO) Product Portfolio
7.2.3 Lukoil Heavy Fuel Oil (HFO) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Lukoil Main Business and Markets Served
7.2.5 Lukoil Recent Developments/Updates
7.3 Gazprom
7.3.1 Gazprom Heavy Fuel Oil (HFO) Corporation Information
7.3.2 Gazprom Heavy Fuel Oil (HFO) Product Portfolio
7.3.3 Gazprom Heavy Fuel Oil (HFO) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Gazprom Main Business and Markets Served
7.3.5 Gazprom Recent Developments/Updates
7.4 Marathon Petroleum
7.4.1 Marathon Petroleum Heavy Fuel Oil (HFO) Corporation Information
7.4.2 Marathon Petroleum Heavy Fuel Oil (HFO) Product Portfolio
7.4.3 Marathon Petroleum Heavy Fuel Oil (HFO) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Marathon Petroleum Main Business and Markets Served
7.4.5 Marathon Petroleum Recent Developments/Updates
7.5 ExxonMobil
7.5.1 ExxonMobil Heavy Fuel Oil (HFO) Corporation Information
7.5.2 ExxonMobil Heavy Fuel Oil (HFO) Product Portfolio
7.5.3 ExxonMobil Heavy Fuel Oil (HFO) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 ExxonMobil Main Business and Markets Served
7.5.5 ExxonMobil Recent Developments/Updates
7.6 BP
7.6.1 BP Heavy Fuel Oil (HFO) Corporation Information
7.6.2 BP Heavy Fuel Oil (HFO) Product Portfolio
7.6.3 BP Heavy Fuel Oil (HFO) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 BP Main Business and Markets Served
7.6.5 BP Recent Developments/Updates
7.7 Chevron
7.7.1 Chevron Heavy Fuel Oil (HFO) Corporation Information
7.7.2 Chevron Heavy Fuel Oil (HFO) Product Portfolio
7.7.3 Chevron Heavy Fuel Oil (HFO) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Chevron Main Business and Markets Served
7.7.5 Chevron Recent Developments/Updates
7.8 Royal Dutch Shell
7.8.1 Royal Dutch Shell Heavy Fuel Oil (HFO) Corporation Information
7.8.2 Royal Dutch Shell Heavy Fuel Oil (HFO) Product Portfolio
7.8.3 Royal Dutch Shell Heavy Fuel Oil (HFO) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Royal Dutch Shell Main Business and Markets Served
7.7.5 Royal Dutch Shell Recent Developments/Updates
7.9 Qatar Petroleum
7.9.1 Qatar Petroleum Heavy Fuel Oil (HFO) Corporation Information
7.9.2 Qatar Petroleum Heavy Fuel Oil (HFO) Product Portfolio
7.9.3 Qatar Petroleum Heavy Fuel Oil (HFO) Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Qatar Petroleum Main Business and Markets Served
7.9.5 Qatar Petroleum Recent Developments/Updates
7.10 Sinopec
7.10.1 Sinopec Heavy Fuel Oil (HFO) Corporation Information
7.10.2 Sinopec Heavy Fuel Oil (HFO) Product Portfolio
7.10.3 Sinopec Heavy Fuel Oil (HFO) Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Sinopec Main Business and Markets Served
7.10.5 Sinopec Recent Developments/Updates
7.11 CNPC
7.11.1 CNPC Heavy Fuel Oil (HFO) Corporation Information
7.11.2 CNPC Heavy Fuel Oil (HFO) Product Portfolio
7.11.3 CNPC Heavy Fuel Oil (HFO) Production, Value, Price and Gross Margin (2019-2024)
7.11.4 CNPC Main Business and Markets Served
7.11.5 CNPC Recent Developments/Updates
7.12 CNOOC
7.12.1 CNOOC Heavy Fuel Oil (HFO) Corporation Information
7.12.2 CNOOC Heavy Fuel Oil (HFO) Product Portfolio
7.12.3 CNOOC Heavy Fuel Oil (HFO) Production, Value, Price and Gross Margin (2019-2024)
7.12.4 CNOOC Main Business and Markets Served
7.12.5 CNOOC Recent Developments/Updates
7.13 Cepsa
7.13.1 Cepsa Heavy Fuel Oil (HFO) Corporation Information
7.13.2 Cepsa Heavy Fuel Oil (HFO) Product Portfolio
7.13.3 Cepsa Heavy Fuel Oil (HFO) Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Cepsa Main Business and Markets Served
7.13.5 Cepsa Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Heavy Fuel Oil (HFO) Industry Chain Analysis
8.2 Heavy Fuel Oil (HFO) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Heavy Fuel Oil (HFO) Production Mode & Process
8.4 Heavy Fuel Oil (HFO) Sales and Marketing
8.4.1 Heavy Fuel Oil (HFO) Sales Channels
8.4.2 Heavy Fuel Oil (HFO) Distributors
8.5 Heavy Fuel Oil (HFO) Customers
9 Heavy Fuel Oil (HFO) Market Dynamics
9.1 Heavy Fuel Oil (HFO) Industry Trends
9.2 Heavy Fuel Oil (HFO) Market Drivers
9.3 Heavy Fuel Oil (HFO) Market Challenges
9.4 Heavy Fuel Oil (HFO) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of TablesList of Tables
Table 1. Global Heavy Fuel Oil (HFO) Market Value by Type, (US$ Million) & (2023 VS 2030)
Table 2. Global Heavy Fuel Oil (HFO) Market Value by Application, (US$ Million) & (2023 VS 2030)
Table 3. Global Heavy Fuel Oil (HFO) Production Capacity (Tons) by Manufacturers in 2023
Table 4. Global Heavy Fuel Oil (HFO) Production by Manufacturers (2019-2024) & (Tons)
Table 5. Global Heavy Fuel Oil (HFO) Production Market Share by Manufacturers (2019-2024)
Table 6. Global Heavy Fuel Oil (HFO) Production Value by Manufacturers (2019-2024) & (US$ Million)
Table 7. Global Heavy Fuel Oil (HFO) Production Value Share by Manufacturers (2019-2024)
Table 8. Global Heavy Fuel Oil (HFO) Industry Ranking 2022 VS 2023 VS 2024
Table 9. Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Heavy Fuel Oil (HFO) as of 2023)
Table 10. Global Market Heavy Fuel Oil (HFO) Average Price by Manufacturers (US$/Ton) & (2019-2024)
Table 11. Manufacturers Heavy Fuel Oil (HFO) Production Sites and Area Served
Table 12. Manufacturers Heavy Fuel Oil (HFO) Product Types
Table 13. Global Heavy Fuel Oil (HFO) Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Mergers & Acquisitions, Expansion
Table 15. Global Heavy Fuel Oil (HFO) Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
Table 16. Global Heavy Fuel Oil (HFO) Production Value (US$ Million) by Region (2019-2024)
Table 17. Global Heavy Fuel Oil (HFO) Production Value Market Share by Region (2019-2024)
Table 18. Global Heavy Fuel Oil (HFO) Production Value (US$ Million) Forecast by Region (2025-2030)
Table 19. Global Heavy Fuel Oil (HFO) Production Value Market Share Forecast by Region (2025-2030)
Table 20. Global Heavy Fuel Oil (HFO) Production Comparison by Region: 2019 VS 2023 VS 2030 (Tons)
Table 21. Global Heavy Fuel Oil (HFO) Production (Tons) by Region (2019-2024)
Table 22. Global Heavy Fuel Oil (HFO) Production Market Share by Region (2019-2024)
Table 23. Global Heavy Fuel Oil (HFO) Production (Tons) Forecast by Region (2025-2030)
Table 24. Global Heavy Fuel Oil (HFO) Production Market Share Forecast by Region (2025-2030)
Table 25. Global Heavy Fuel Oil (HFO) Market Average Price (US$/Ton) by Region (2019-2024)
Table 26. Global Heavy Fuel Oil (HFO) Market Average Price (US$/Ton) by Region (2025-2030)
Table 27. Global Heavy Fuel Oil (HFO) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (Tons)
Table 28. Global Heavy Fuel Oil (HFO) Consumption by Region (2019-2024) & (Tons)
Table 29. Global Heavy Fuel Oil (HFO) Consumption Market Share by Region (2019-2024)
Table 30. Global Heavy Fuel Oil (HFO) Forecasted Consumption by Region (2025-2030) & (Tons)
Table 31. Global Heavy Fuel Oil (HFO) Forecasted Consumption Market Share by Region (2019-2024)
Table 32. North America Heavy Fuel Oil (HFO) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (Tons)
Table 33. North America Heavy Fuel Oil (HFO) Consumption by Country (2019-2024) & (Tons)
Table 34. North America Heavy Fuel Oil (HFO) Consumption by Country (2025-2030) & (Tons)
Table 35. Europe Heavy Fuel Oil (HFO) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (Tons)
Table 36. Europe Heavy Fuel Oil (HFO) Consumption by Country (2019-2024) & (Tons)
Table 37. Europe Heavy Fuel Oil (HFO) Consumption by Country (2025-2030) & (Tons)
Table 38. Asia Pacific Heavy Fuel Oil (HFO) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (Tons)
Table 39. Asia Pacific Heavy Fuel Oil (HFO) Consumption by Region (2019-2024) & (Tons)
Table 40. Asia Pacific Heavy Fuel Oil (HFO) Consumption by Region (2025-2030) & (Tons)
Table 41. Latin America, Middle East & Africa Heavy Fuel Oil (HFO) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (Tons)
Table 42. Latin America, Middle East & Africa Heavy Fuel Oil (HFO) Consumption by Country (2019-2024) & (Tons)
Table 43. Latin America, Middle East & Africa Heavy Fuel Oil (HFO) Consumption by Country (2025-2030) & (Tons)
Table 44. Global Heavy Fuel Oil (HFO) Production (Tons) by Type (2019-2024)
Table 45. Global Heavy Fuel Oil (HFO) Production (Tons) by Type (2025-2030)
Table 46. Global Heavy Fuel Oil (HFO) Production Market Share by Type (2019-2024)
Table 47. Global Heavy Fuel Oil (HFO) Production Market Share by Type (2025-2030)
Table 48. Global Heavy Fuel Oil (HFO) Production Value (US$ Million) by Type (2019-2024)
Table 49. Global Heavy Fuel Oil (HFO) Production Value (US$ Million) by Type (2025-2030)
Table 50. Global Heavy Fuel Oil (HFO) Production Value Share by Type (2019-2024)
Table 51. Global Heavy Fuel Oil (HFO) Production Value Share by Type (2025-2030)
Table 52. Global Heavy Fuel Oil (HFO) Price (US$/Ton) by Type (2019-2024)
Table 53. Global Heavy Fuel Oil (HFO) Price (US$/Ton) by Type (2025-2030)
Table 54. Global Heavy Fuel Oil (HFO) Production (Tons) by Application (2019-2024)
Table 55. Global Heavy Fuel Oil (HFO) Production (Tons) by Application (2025-2030)
Table 56. Global Heavy Fuel Oil (HFO) Production Market Share by Application (2019-2024)
Table 57. Global Heavy Fuel Oil (HFO) Production Market Share by Application (2025-2030)
Table 58. Global Heavy Fuel Oil (HFO) Production Value (US$ Million) by Application (2019-2024)
Table 59. Global Heavy Fuel Oil (HFO) Production Value (US$ Million) by Application (2025-2030)
Table 60. Global Heavy Fuel Oil (HFO) Production Value Share by Application (2019-2024)
Table 61. Global Heavy Fuel Oil (HFO) Production Value Share by Application (2025-2030)
Table 62. Global Heavy Fuel Oil (HFO) Price (US$/Ton) by Application (2019-2024)
Table 63. Global Heavy Fuel Oil (HFO) Price (US$/Ton) by Application (2025-2030)
Table 64. Rosneft Heavy Fuel Oil (HFO) Corporation Information
Table 65. Rosneft Specification and Application
Table 66. Rosneft Heavy Fuel Oil (HFO) Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 67. Rosneft Main Business and Markets Served
Table 68. Rosneft Recent Developments/Updates
Table 69. Lukoil Heavy Fuel Oil (HFO) Corporation Information
Table 70. Lukoil Specification and Application
Table 71. Lukoil Heavy Fuel Oil (HFO) Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 72. Lukoil Main Business and Markets Served
Table 73. Lukoil Recent Developments/Updates
Table 74. Gazprom Heavy Fuel Oil (HFO) Corporation Information
Table 75. Gazprom Specification and Application
Table 76. Gazprom Heavy Fuel Oil (HFO) Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 77. Gazprom Main Business and Markets Served
Table 78. Gazprom Recent Developments/Updates
Table 79. Marathon Petroleum Heavy Fuel Oil (HFO) Corporation Information
Table 80. Marathon Petroleum Specification and Application
Table 81. Marathon Petroleum Heavy Fuel Oil (HFO) Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 82. Marathon Petroleum Main Business and Markets Served
Table 83. Marathon Petroleum Recent Developments/Updates
Table 84. ExxonMobil Heavy Fuel Oil (HFO) Corporation Information
Table 85. ExxonMobil Specification and Application
Table 86. ExxonMobil Heavy Fuel Oil (HFO) Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 87. ExxonMobil Main Business and Markets Served
Table 88. ExxonMobil Recent Developments/Updates
Table 89. BP Heavy Fuel Oil (HFO) Corporation Information
Table 90. BP Specification and Application
Table 91. BP Heavy Fuel Oil (HFO) Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 92. BP Main Business and Markets Served
Table 93. BP Recent Developments/Updates
Table 94. Chevron Heavy Fuel Oil (HFO) Corporation Information
Table 95. Chevron Specification and Application
Table 96. Chevron Heavy Fuel Oil (HFO) Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 97. Chevron Main Business and Markets Served
Table 98. Chevron Recent Developments/Updates
Table 99. Royal Dutch Shell Heavy Fuel Oil (HFO) Corporation Information
Table 100. Royal Dutch Shell Specification and Application
Table 101. Royal Dutch Shell Heavy Fuel Oil (HFO) Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 102. Royal Dutch Shell Main Business and Markets Served
Table 103. Royal Dutch Shell Recent Developments/Updates
Table 104. Qatar Petroleum Heavy Fuel Oil (HFO) Corporation Information
Table 105. Qatar Petroleum Specification and Application
Table 106. Qatar Petroleum Heavy Fuel Oil (HFO) Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 107. Qatar Petroleum Main Business and Markets Served
Table 108. Qatar Petroleum Recent Developments/Updates
Table 109. Sinopec Heavy Fuel Oil (HFO) Corporation Information
Table 110. Sinopec Specification and Application
Table 111. Sinopec Heavy Fuel Oil (HFO) Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 112. Sinopec Main Business and Markets Served
Table 113. Sinopec Recent Developments/Updates
Table 114. CNPC Heavy Fuel Oil (HFO) Corporation Information
Table 115. CNPC Specification and Application
Table 116. CNPC Heavy Fuel Oil (HFO) Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 117. CNPC Main Business and Markets Served
Table 118. CNPC Recent Developments/Updates
Table 119. CNOOC Heavy Fuel Oil (HFO) Corporation Information
Table 120. CNOOC Specification and Application
Table 121. CNOOC Heavy Fuel Oil (HFO) Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 122. CNOOC Main Business and Markets Served
Table 123. CNOOC Recent Developments/Updates
Table 124. Cepsa Heavy Fuel Oil (HFO) Corporation Information
Table 125. Cepsa Specification and Application
Table 126. Cepsa Heavy Fuel Oil (HFO) Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 127. Cepsa Main Business and Markets Served
Table 128. Cepsa Recent Developments/Updates
Table 129. Key Raw Materials Lists
Table 130. Raw Materials Key Suppliers Lists
Table 131. Heavy Fuel Oil (HFO) Distributors List
Table 132. Heavy Fuel Oil (HFO) Customers List
Table 133. Heavy Fuel Oil (HFO) Market Trends
Table 134. Heavy Fuel Oil (HFO) Market Drivers
Table 135. Heavy Fuel Oil (HFO) Market Challenges
Table 136. Heavy Fuel Oil (HFO) Market Restraints
Table 137. Research Programs/Design for This Report
Table 138. Key Data Information from Secondary Sources
Table 139. Key Data Information from Primary Sources
List of Figures
Figure 1. Product Picture of Heavy Fuel Oil (HFO)
Figure 2. Global Heavy Fuel Oil (HFO) Market Value by Type, (US$ Million) & (2023 VS 2030)
Figure 3. Global Heavy Fuel Oil (HFO) Market Share by Type: 2023 VS 2030
Figure 4. Sulfur Content＜ 0.31% Product Picture
Figure 5. Sulfur Content 0.31% ~ 1.00% Product Picture
Figure 6. Sulfur Content > 1.00% Product Picture
Figure 7. Global Heavy Fuel Oil (HFO) Market Value by Application, (US$ Million) & (2023 VS 2030)
Figure 8. Global Heavy Fuel Oil (HFO) Market Share by Application: 2023 VS 2030
Figure 9. Marine
Figure 10. Power Plants
Figure 11. Industrial Boilers
Figure 12. Others
Figure 13. Global Heavy Fuel Oil (HFO) Production Value (US$ Million), 2019 VS 2023 VS 2030
Figure 14. Global Heavy Fuel Oil (HFO) Production Value (US$ Million) & (2019-2030)
Figure 15. Global Heavy Fuel Oil (HFO) Production Capacity (Tons) & (2019-2030)
Figure 16. Global Heavy Fuel Oil (HFO) Production (Tons) & (2019-2030)
Figure 17. Global Heavy Fuel Oil (HFO) Average Price (US$/Ton) & (2019-2030)
Figure 18. Heavy Fuel Oil (HFO) Report Years Considered
Figure 19. Heavy Fuel Oil (HFO) Production Share by Manufacturers in 2023
Figure 20. Heavy Fuel Oil (HFO) Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
Figure 21. The Global 5 and 10 Largest Players: Market Share by Heavy Fuel Oil (HFO) Revenue in 2023
Figure 22. Global Heavy Fuel Oil (HFO) Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
Figure 23. Global Heavy Fuel Oil (HFO) Production Value Market Share by Region: 2019 VS 2023 VS 2030
Figure 24. Global Heavy Fuel Oil (HFO) Production Comparison by Region: 2019 VS 2023 VS 2030 (Tons)
Figure 25. Global Heavy Fuel Oil (HFO) Production Market Share by Region: 2019 VS 2023 VS 2030
Figure 26. North America Heavy Fuel Oil (HFO) Production Value (US$ Million) Growth Rate (2019-2030)
Figure 27. Europe Heavy Fuel Oil (HFO) Production Value (US$ Million) Growth Rate (2019-2030)
Figure 28. China Heavy Fuel Oil (HFO) Production Value (US$ Million) Growth Rate (2019-2030)
Figure 29. Japan Heavy Fuel Oil (HFO) Production Value (US$ Million) Growth Rate (2019-2030)
Figure 30. Global Heavy Fuel Oil (HFO) Consumption by Region: 2019 VS 2023 VS 2030 (Tons)
Figure 31. Global Heavy Fuel Oil (HFO) Consumption Market Share by Region: 2019 VS 2023 VS 2030
Figure 32. North America Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 33. North America Heavy Fuel Oil (HFO) Consumption Market Share by Country (2019-2030)
Figure 34. Canada Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 35. U.S. Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 36. Europe Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 37. Europe Heavy Fuel Oil (HFO) Consumption Market Share by Country (2019-2030)
Figure 38. Germany Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 39. France Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 40. U.K. Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 41. Italy Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 42. Russia Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 43. Asia Pacific Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 44. Asia Pacific Heavy Fuel Oil (HFO) Consumption Market Share by Regions (2019-2030)
Figure 45. China Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 46. Japan Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 47. South Korea Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 48. China Taiwan Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 49. Southeast Asia Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 50. India Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 51. Latin America, Middle East & Africa Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 52. Latin America, Middle East & Africa Heavy Fuel Oil (HFO) Consumption Market Share by Country (2019-2030)
Figure 53. Mexico Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 54. Brazil Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 55. Turkey Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 56. GCC Countries Heavy Fuel Oil (HFO) Consumption and Growth Rate (2019-2024) & (Tons)
Figure 57. Global Production Market Share of Heavy Fuel Oil (HFO) by Type (2019-2030)
Figure 58. Global Production Value Market Share of Heavy Fuel Oil (HFO) by Type (2019-2030)
Figure 59. Global Heavy Fuel Oil (HFO) Price (US$/Ton) by Type (2019-2030)
Figure 60. Global Production Market Share of Heavy Fuel Oil (HFO) by Application (2019-2030)
Figure 61. Global Production Value Market Share of Heavy Fuel Oil (HFO) by Application (2019-2030)
Figure 62. Global Heavy Fuel Oil (HFO) Price (US$/Ton) by Application (2019-2030)
Figure 63. Heavy Fuel Oil (HFO) Value Chain
Figure 64. Heavy Fuel Oil (HFO) Production Process
Figure 65. Channels of Distribution (Direct Vs Distribution)
Figure 66. Distributors Profiles
Figure 67. Bottom-up and Top-down Approaches for This Report
Figure 68. Data Triangulation
Published By : QY Research
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