This report contains market size and forecasts of Very Low Sulfur Fuel Oil (VLSFO) in global, including the following market information:
Global Very Low Sulfur Fuel Oil (VLSFO) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Very Low Sulfur Fuel Oil (VLSFO) Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Very Low Sulfur Fuel Oil (VLSFO) companies in 2021 (%)
The global Very Low Sulfur Fuel Oil (VLSFO) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Heavy Fuel Oil Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Very Low Sulfur Fuel Oil (VLSFO) include Exxon Mobil, BP, Shell, China Marine Bunker, World Fuel Services, Bunker Holding, Total Marine Fuel, Chemoil and Bright Oil, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Very Low Sulfur Fuel Oil (VLSFO) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Very Low Sulfur Fuel Oil (VLSFO) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Very Low Sulfur Fuel Oil (VLSFO) Market Segment Percentages, by Type, 2021 (%)
Heavy Fuel Oil
Light Fuel Oil
Global Very Low Sulfur Fuel Oil (VLSFO) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Very Low Sulfur Fuel Oil (VLSFO) Market Segment Percentages, by Application, 2021 (%)
Transportation
Petrochemical Industry
Building Industry
Others
Global Very Low Sulfur Fuel Oil (VLSFO) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Very Low Sulfur Fuel Oil (VLSFO) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Very Low Sulfur Fuel Oil (VLSFO) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Very Low Sulfur Fuel Oil (VLSFO) revenues share in global market, 2021 (%)
Key companies Very Low Sulfur Fuel Oil (VLSFO) sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Very Low Sulfur Fuel Oil (VLSFO) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Exxon Mobil
BP
Shell
China Marine Bunker
World Fuel Services
Bunker Holding
Total Marine Fuel
Chemoil
Bright Oil
Sinopec
Gazpromneft
GAC
China Changjiang Bunker (Sinopec)
Southern Pec
Lukoil-Bunker
Alliance Oil Company
Shanghai Lonyer Fuels