Press release
Low Sulfur Marine Fuel Market Production, Revenue, Price Trend by Type, Application, Manufactures and Forecast to 2027
Low Sulfur Marine Fuel Market
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Market Overview:
The power and energy industry is significantly expanding in terms of revenue in the recent years and is expected to account for robust revenue growth in the coming years. Rapid urbanization and industrialization, high demand and consumption of power and energy in various sectors like IT, agriculture, healthcare, industrial and manufacturing sector and increasing demand for smart homes are key factors boosting global market revenue growth. In addition, increasing awareness about green energy and excess consumption of renewable resources, rising number of projects related to oil and gas exploration are further supporting market growth. Presence of key players, increasing adoption of smart buildings and rising funds by public and private organizations is further expected to fuel growth of the global Low Sulfur Marine Fuel market in the coming years.
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Competitive landscape:
The report sheds light on details of the leading players along with their global position, license agreement, revenue contribution, financial standing and product portfolio. These key payers are focusing on adopting various strategies such as mergers and acquisitions, collaborations, and government partnerships to strengthen their market position. In addition, these market players are focusing on research and development activities and introducing novel products.
Key companies profiled in the report:
Gazpromneft Marine Bunker LLC
Aegean Marine Petroleum Network Inc.
Lukoil-Bunker LLC
ExxonMobil Corporation
Chemoil Energy Limited
Chevron Corporation
BP PLC
Royal Dutch Shell PLC
LUKOIL
Sinopec Group
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Further the research report offers details about 5 major regions covered in the global Low Sulfur Marine Fuel market.
Regional analysis covers:
North America
The U.S.
Canada
Mexico
Europe
Russia
The U.K.
Germany
France
BENELUX
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
A.E.
Israel
Rest of MEA
Low Sulfur Marine Fuel Market Segmentation:
By Type (Revenue, USD Million; Volume in Gallons, 2017–2027)
Heavy Fuel Oils (HFO)
Low sulfur fuel oil (LSFO)
Ultra-low sulfur fuel oil (ULSFO)
High sulfur fuel oil (HSFO)
Distillates
By Seller Type (Revenue, USD Million; Volume in Gallons, 2017–2027)
Oil Producers
Large Independent Distributors
Small Independent Distributors
By End-Use (Revenue, USD Million; Volume in Gallons, 2017–2027)
Tanker vessels
Container vessels
Bulk and General cargo vessels
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