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Global Low Sulfur Marine Fuel Market Research Report 2025
Synopsis
Low sulfur marine fuel refers to a type of fuel used in ships and marine vessels that has a low sulfur content. It is a type of fuel that is compliant with regulations set by international bodies such as the International Maritime Organization (IMO) to reduce air pollution and environmental impacts caused by emissions from maritime transportation. Low sulfur marine fuel typically contains a maximum sulfur content of 0.50% weight by weight (wt%) as mandated by IMO regulations.
Global Low Sulfur Marine Fuel market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Low Sulfur Marine Fuel market research.
Key manufacturers engaged in the Low Sulfur Marine Fuel industry include Aegean Marine Petroleum Network, BP, Chemoil Energy, Chevron Corporation, Exxonmobil, Gazpromneft Marine Bunker, LUKOIL, Mediterranean Fuels and Shell, etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Low Sulfur Marine Fuel production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Low Sulfur Marine Fuel were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Low Sulfur Marine Fuel market and estimated to attract more attentions from industry insiders and investors.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Low Sulfur Marine Fuel market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Aegean Marine Petroleum Network
BP
Chemoil Energy
Chevron Corporation
Exxonmobil
Gazpromneft Marine Bunker
LUKOIL
Mediterranean Fuels
Shell
TotalEnergies
Sinopec Group
Segment by Type
Ultra Low Sulfur Marine Fuel
Very Low Sulfur Marine Fuel
Others
Segment by Application
Tanker Vessels
Container Vessels
Bulk and General Cargo Vessels
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
The Low Sulfur Marine Fuel report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Low sulfur marine fuel refers to a type of fuel used in ships and marine vessels that has a low sulfur content. It is a type of fuel that is compliant with regulations set by international bodies such as the International Maritime Organization (IMO) to reduce air pollution and environmental impacts caused by emissions from maritime transportation. Low sulfur marine fuel typically contains a maximum sulfur content of 0.50% weight by weight (wt%) as mandated by IMO regulations.
Global Low Sulfur Marine Fuel market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Low Sulfur Marine Fuel market research.
Key manufacturers engaged in the Low Sulfur Marine Fuel industry include Aegean Marine Petroleum Network, BP, Chemoil Energy, Chevron Corporation, Exxonmobil, Gazpromneft Marine Bunker, LUKOIL, Mediterranean Fuels and Shell, etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Low Sulfur Marine Fuel production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Low Sulfur Marine Fuel were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Low Sulfur Marine Fuel market and estimated to attract more attentions from industry insiders and investors.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Low Sulfur Marine Fuel market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Aegean Marine Petroleum Network
BP
Chemoil Energy
Chevron Corporation
Exxonmobil
Gazpromneft Marine Bunker
LUKOIL
Mediterranean Fuels
Shell
TotalEnergies
Sinopec Group
Segment by Type
Ultra Low Sulfur Marine Fuel
Very Low Sulfur Marine Fuel
Others
Segment by Application
Tanker Vessels
Container Vessels
Bulk and General Cargo Vessels
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
The Low Sulfur Marine Fuel report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 Low Sulfur Marine Fuel Market Overview
1.1 Product Definition
1.2 Low Sulfur Marine Fuel Segment by Type
1.2.1 Global Low Sulfur Marine Fuel Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Ultra Low Sulfur Marine Fuel
1.2.3 Very Low Sulfur Marine Fuel
1.2.4 Others
1.3 Low Sulfur Marine Fuel Segment by Application
1.3.1 Global Low Sulfur Marine Fuel Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Tanker Vessels
1.3.3 Container Vessels
1.3.4 Bulk and General Cargo Vessels
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Low Sulfur Marine Fuel Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Low Sulfur Marine Fuel Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Low Sulfur Marine Fuel Production Estimates and Forecasts (2018-2029)
1.4.4 Global Low Sulfur Marine Fuel Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Low Sulfur Marine Fuel Production Market Share by Manufacturers (2018-2023)
2.2 Global Low Sulfur Marine Fuel Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Low Sulfur Marine Fuel, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Low Sulfur Marine Fuel Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Low Sulfur Marine Fuel Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Low Sulfur Marine Fuel, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Low Sulfur Marine Fuel, Product Offered and Application
2.8 Global Key Manufacturers of Low Sulfur Marine Fuel, Date of Enter into This Industry
2.9 Low Sulfur Marine Fuel Market Competitive Situation and Trends
2.9.1 Low Sulfur Marine Fuel Market Concentration Rate
2.9.2 Global 5 and 10 Largest Low Sulfur Marine Fuel Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Low Sulfur Marine Fuel Production by Region
3.1 Global Low Sulfur Marine Fuel Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Low Sulfur Marine Fuel Production Value by Region (2018-2029)
3.2.1 Global Low Sulfur Marine Fuel Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Low Sulfur Marine Fuel by Region (2024-2029)
3.3 Global Low Sulfur Marine Fuel Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Low Sulfur Marine Fuel Production by Region (2018-2029)
3.4.1 Global Low Sulfur Marine Fuel Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Low Sulfur Marine Fuel by Region (2024-2029)
3.5 Global Low Sulfur Marine Fuel Market Price Analysis by Region (2018-2023)
3.6 Global Low Sulfur Marine Fuel Production and Value, Year-over-Year Growth
3.6.1 North America Low Sulfur Marine Fuel Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Low Sulfur Marine Fuel Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Low Sulfur Marine Fuel Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Low Sulfur Marine Fuel Production Value Estimates and Forecasts (2018-2029)
4 Low Sulfur Marine Fuel Consumption by Region
4.1 Global Low Sulfur Marine Fuel Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Low Sulfur Marine Fuel Consumption by Region (2018-2029)
4.2.1 Global Low Sulfur Marine Fuel Consumption by Region (2018-2023)
4.2.2 Global Low Sulfur Marine Fuel Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Low Sulfur Marine Fuel Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Low Sulfur Marine Fuel Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Low Sulfur Marine Fuel Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Low Sulfur Marine Fuel Consumption by Country (2018-2029)
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 Low Sulfur Marine Fuel Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Low Sulfur Marine Fuel Consumption by Region (2018-2029)
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 Low Sulfur Marine Fuel Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Low Sulfur Marine Fuel Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Low Sulfur Marine Fuel Production by Type (2018-2029)
5.1.1 Global Low Sulfur Marine Fuel Production by Type (2018-2023)
5.1.2 Global Low Sulfur Marine Fuel Production by Type (2024-2029)
5.1.3 Global Low Sulfur Marine Fuel Production Market Share by Type (2018-2029)
5.2 Global Low Sulfur Marine Fuel Production Value by Type (2018-2029)
5.2.1 Global Low Sulfur Marine Fuel Production Value by Type (2018-2023)
5.2.2 Global Low Sulfur Marine Fuel Production Value by Type (2024-2029)
5.2.3 Global Low Sulfur Marine Fuel Production Value Market Share by Type (2018-2029)
5.3 Global Low Sulfur Marine Fuel Price by Type (2018-2029)
6 Segment by Application
6.1 Global Low Sulfur Marine Fuel Production by Application (2018-2029)
6.1.1 Global Low Sulfur Marine Fuel Production by Application (2018-2023)
6.1.2 Global Low Sulfur Marine Fuel Production by Application (2024-2029)
6.1.3 Global Low Sulfur Marine Fuel Production Market Share by Application (2018-2029)
6.2 Global Low Sulfur Marine Fuel Production Value by Application (2018-2029)
6.2.1 Global Low Sulfur Marine Fuel Production Value by Application (2018-2023)
6.2.2 Global Low Sulfur Marine Fuel Production Value by Application (2024-2029)
6.2.3 Global Low Sulfur Marine Fuel Production Value Market Share by Application (2018-2029)
6.3 Global Low Sulfur Marine Fuel Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Aegean Marine Petroleum Network
7.1.1 Aegean Marine Petroleum Network Low Sulfur Marine Fuel Corporation Information
7.1.2 Aegean Marine Petroleum Network Low Sulfur Marine Fuel Product Portfolio
7.1.3 Aegean Marine Petroleum Network Low Sulfur Marine Fuel Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Aegean Marine Petroleum Network Main Business and Markets Served
7.1.5 Aegean Marine Petroleum Network Recent Developments/Updates
7.2 BP
7.2.1 BP Low Sulfur Marine Fuel Corporation Information
7.2.2 BP Low Sulfur Marine Fuel Product Portfolio
7.2.3 BP Low Sulfur Marine Fuel Production, Value, Price and Gross Margin (2018-2023)
7.2.4 BP Main Business and Markets Served
7.2.5 BP Recent Developments/Updates
7.3 Chemoil Energy
7.3.1 Chemoil Energy Low Sulfur Marine Fuel Corporation Information
7.3.2 Chemoil Energy Low Sulfur Marine Fuel Product Portfolio
7.3.3 Chemoil Energy Low Sulfur Marine Fuel Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Chemoil Energy Main Business and Markets Served
7.3.5 Chemoil Energy Recent Developments/Updates
7.4 Chevron Corporation
7.4.1 Chevron Corporation Low Sulfur Marine Fuel Corporation Information
7.4.2 Chevron Corporation Low Sulfur Marine Fuel Product Portfolio
7.4.3 Chevron Corporation Low Sulfur Marine Fuel Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Chevron Corporation Main Business and Markets Served
7.4.5 Chevron Corporation Recent Developments/Updates
7.5 Exxonmobil
7.5.1 Exxonmobil Low Sulfur Marine Fuel Corporation Information
7.5.2 Exxonmobil Low Sulfur Marine Fuel Product Portfolio
7.5.3 Exxonmobil Low Sulfur Marine Fuel Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Exxonmobil Main Business and Markets Served
7.5.5 Exxonmobil Recent Developments/Updates
7.6 Gazpromneft Marine Bunker
7.6.1 Gazpromneft Marine Bunker Low Sulfur Marine Fuel Corporation Information
7.6.2 Gazpromneft Marine Bunker Low Sulfur Marine Fuel Product Portfolio
7.6.3 Gazpromneft Marine Bunker Low Sulfur Marine Fuel Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Gazpromneft Marine Bunker Main Business and Markets Served
7.6.5 Gazpromneft Marine Bunker Recent Developments/Updates
7.7 LUKOIL
7.7.1 LUKOIL Low Sulfur Marine Fuel Corporation Information
7.7.2 LUKOIL Low Sulfur Marine Fuel Product Portfolio
7.7.3 LUKOIL Low Sulfur Marine Fuel Production, Value, Price and Gross Margin (2018-2023)
7.7.4 LUKOIL Main Business and Markets Served
7.7.5 LUKOIL Recent Developments/Updates
7.8 Mediterranean Fuels
7.8.1 Mediterranean Fuels Low Sulfur Marine Fuel Corporation Information
7.8.2 Mediterranean Fuels Low Sulfur Marine Fuel Product Portfolio
7.8.3 Mediterranean Fuels Low Sulfur Marine Fuel Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Mediterranean Fuels Main Business and Markets Served
7.7.5 Mediterranean Fuels Recent Developments/Updates
7.9 Shell
7.9.1 Shell Low Sulfur Marine Fuel Corporation Information
7.9.2 Shell Low Sulfur Marine Fuel Product Portfolio
7.9.3 Shell Low Sulfur Marine Fuel Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Shell Main Business and Markets Served
7.9.5 Shell Recent Developments/Updates
7.10 TotalEnergies
7.10.1 TotalEnergies Low Sulfur Marine Fuel Corporation Information
7.10.2 TotalEnergies Low Sulfur Marine Fuel Product Portfolio
7.10.3 TotalEnergies Low Sulfur Marine Fuel Production, Value, Price and Gross Margin (2018-2023)
7.10.4 TotalEnergies Main Business and Markets Served
7.10.5 TotalEnergies Recent Developments/Updates
7.11 Sinopec Group
7.11.1 Sinopec Group Low Sulfur Marine Fuel Corporation Information
7.11.2 Sinopec Group Low Sulfur Marine Fuel Product Portfolio
7.11.3 Sinopec Group Low Sulfur Marine Fuel Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Sinopec Group Main Business and Markets Served
7.11.5 Sinopec Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Low Sulfur Marine Fuel Industry Chain Analysis
8.2 Low Sulfur Marine Fuel Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Low Sulfur Marine Fuel Production Mode & Process
8.4 Low Sulfur Marine Fuel Sales and Marketing
8.4.1 Low Sulfur Marine Fuel Sales Channels
8.4.2 Low Sulfur Marine Fuel Distributors
8.5 Low Sulfur Marine Fuel Customers
9 Low Sulfur Marine Fuel Market Dynamics
9.1 Low Sulfur Marine Fuel Industry Trends
9.2 Low Sulfur Marine Fuel Market Drivers
9.3 Low Sulfur Marine Fuel Market Challenges
9.4 Low Sulfur Marine Fuel 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
Published By : QY Research
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