Low Sulfur Fuel Oil market

Low Sulfur Fuel Oil (LSFO) Market, Global Outlook and Forecast 2022-2028

  • 28 April 2022
  • Energy and Natural Resources
  • 78 Pages
  • Report code : PMR-7022501

  • 4.7 (158)

Low Sulfur Fuel Oil Market

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Low Sulfur Fuel Oil Market contains market size and forecasts of Low Sulfur Fuel Oil (LSFO) in global, including the following market information:

Global Low Sulfur Fuel Oil (LSFO) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Low Sulfur Fuel Oil (LSFO) Market Sales, 2017-2022, 2023-2028, (Kiloton)

Global top five Low Sulfur Fuel Oil (LSFO) companies in 2021 (%)

The global Low Sulfur Fuel Oil (LSFO) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

0.5% VLSFO Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Low Sulfur Fuel Oil (LSFO) include Total, Shell, BP, Stena Oil, Petrobras, Sinopec Corp, Neste Marine, Singapore Refining Company and Lukoil, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

surveyed the Low Sulfur Fuel Oil (LSFO) 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 Low Sulfur Fuel Oil (LSFO) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)

Global Low Sulfur Fuel Oil (LSFO) Market Segment Percentages, by Type, 2021 (%)

  • 0.5% VLSFO
  • 0.1% ULSFO

Global Low Sulfur Fuel Oil (LSFO) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)

Global Low Sulfur Fuel Oil (LSFO) Market Segment Percentages, by Application, 2021 (%)

  • Cargo Ships
  • Container Ships
  • Bulk Carriers
  • Other

Global Low Sulfur Fuel Oil (LSFO) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)

Global Low Sulfur Fuel Oil (LSFO) 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 Low Sulfur Fuel Oil (LSFO) revenues in global market, 2017-2022 (Estimated), ($ millions)
  • Key companies Low Sulfur Fuel Oil (LSFO) revenues share in global market, 2021 (%)
  • Key companies Low Sulfur Fuel Oil (LSFO) sales in global market, 2017-2022 (Estimated), (Kiloton)
  • Key companies Low Sulfur Fuel Oil (LSFO) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • Total
  • Shell
  • BP
  • Stena Oil
  • Petrobras
  • Sinopec Corp
  • Neste Marine
  • Singapore Refining Company
  • Lukoil
  • Rosneft
  • ExxonMobil
  • CNPC
  • JXTG Nippon Oil & Energy

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