Heavy Fuel Oil Market 2022: Key Strategies, Historical Analysis, Trends, New Opportunities and Forecast Till 2028
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This report elaborates the market size, market characteristics, and market growth of the Heavy Fuel Oil industry, and breaks down according to the type, application, and consumption area of Heavy Fuel Oil. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Heavy Fuel Oil in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global Heavy Fuel Oil market covered in Chapter 13:
Chevron phillips
Shell Global
Tauber Oil
Hiap Huat Holdings Berhad
Emo
Exxon Mobil
SA Oil
NESTE
In Chapter 6, on the basis of types, the Heavy Fuel Oil market from 2015 to 2025 is primarily split into:
Shipping
Oil and Gas
Mining
Other Industries
In Chapter 7, on the basis of applications, the Heavy Fuel Oil market from 2015 to 2025 covers:
Commercial
Governmental & Municipal
Others
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Heavy Fuel Oil Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Heavy Fuel Oil Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Heavy Fuel Oil Market Forces
3.1 Global Heavy Fuel Oil Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Heavy Fuel Oil Market - By Geography
4.1 Global Heavy Fuel Oil Market Value and Market Share by Regions
4.1.1 Global Heavy Fuel Oil Value ($) by Region (2015-2020)
4.1.2 Global Heavy Fuel Oil Value Market Share by Regions (2015-2020)
4.2 Global Heavy Fuel Oil Market Production and Market Share by Major Countries
4.2.1 Global Heavy Fuel Oil Production by Major Countries (2015-2020)
4.2.2 Global Heavy Fuel Oil Production Market Share by Major Countries (2015-2020)
4.3 Global Heavy Fuel Oil Market Consumption and Market Share by Regions
4.3.1 Global Heavy Fuel Oil Consumption by Regions (2015-2020)
4.3.2 Global Heavy Fuel Oil Consumption Market Share by Regions (2015-2020)
5 Heavy Fuel Oil Market - By Trade Statistics
5.1 Global Heavy Fuel Oil Export and Import
5.2 United States Heavy Fuel Oil Export and Import (2015-2020)
5.3 Europe Heavy Fuel Oil Export and Import (2015-2020)
5.4 China Heavy Fuel Oil Export and Import (2015-2020)
5.5 Japan Heavy Fuel Oil Export and Import (2015-2020)
5.6 India Heavy Fuel Oil Export and Import (2015-2020)
5.7
6 Heavy Fuel Oil Market - By Type
6.1 Global Heavy Fuel Oil Production and Market Share by Types (2015-2020)
6.1.1 Global Heavy Fuel Oil Production by Types (2015-2020)
6.1.2 Global Heavy Fuel Oil Production Market Share by Types (2015-2020)
6.2 Global Heavy Fuel Oil Value and Market Share by Types (2015-2020)
6.2.1 Global Heavy Fuel Oil Value by Types (2015-2020)
6.2.2 Global Heavy Fuel Oil Value Market Share by Types (2015-2020)
6.3 Global Heavy Fuel Oil Production, Price and Growth Rate of Shipping (2015-2020)
6.4 Global Heavy Fuel Oil Production, Price and Growth Rate of Oil and Gas (2015-2020)
6.5 Global Heavy Fuel Oil Production, Price and Growth Rate of Mining (2015-2020)
6.6 Global Heavy Fuel Oil Production, Price and Growth Rate of Other Industries (2015-2020)
7 Heavy Fuel Oil Market - By Application
7.1 Global Heavy Fuel Oil Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Heavy Fuel Oil Consumption by Applications (2015-2020)
7.1.2 Global Heavy Fuel Oil Consumption Market Share by Applications (2015-2020)
7.2 Global Heavy Fuel Oil Consumption and Growth Rate of Commercial (2015-2020)
7.3 Global Heavy Fuel Oil Consumption and Growth Rate of Governmental & Municipal (2015-2020)
7.4 Global Heavy Fuel Oil Consumption and Growth Rate of Others (2015-2020)
8 North America Heavy Fuel Oil Market
8.1 North America Heavy Fuel Oil Market Size
8.2 United States Heavy Fuel Oil Market Size
8.3 Canada Heavy Fuel Oil Market Size
8.4 Mexico Heavy Fuel Oil Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Heavy Fuel Oil Market Analysis
9.1 Europe Heavy Fuel Oil Market Size
9.2 Germany Heavy Fuel Oil Market Size
9.3 United Kingdom Heavy Fuel Oil Market Size
9.4 France Heavy Fuel Oil Market Size
9.5 Italy Heavy Fuel Oil Market Size
9.6 Spain Heavy Fuel Oil Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Heavy Fuel Oil Market Analysis
10.1 Asia-Pacific Heavy Fuel Oil Market Size
10.2 China Heavy Fuel Oil Market Size
10.3 Japan Heavy Fuel Oil Market Size
10.4 South Korea Heavy Fuel Oil Market Size
10.5 Southeast Asia Heavy Fuel Oil Market Size
10.6 India Heavy Fuel Oil Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Heavy Fuel Oil Market Analysis
11.1 Middle East and Africa Heavy Fuel Oil Market Size
11.2 Saudi Arabia Heavy Fuel Oil Market Size
11.3 UAE Heavy Fuel Oil Market Size
11.4 South Africa Heavy Fuel Oil Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Heavy Fuel Oil Market Analysis
12.1 South America Heavy Fuel Oil Market Size
12.2 Brazil Heavy Fuel Oil Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 Chevron phillips
13.1.1 Chevron phillips Basic Information
13.1.2 Chevron phillips Product Profiles, Application and Specification
13.1.3 Chevron phillips Heavy Fuel Oil Market Performance (2015-2020)
13.2 Shell Global
13.2.1 Shell Global Basic Information
13.2.2 Shell Global Product Profiles, Application and Specification
13.2.3 Shell Global Heavy Fuel Oil Market Performance (2015-2020)
13.3 Tauber Oil
13.3.1 Tauber Oil Basic Information
13.3.2 Tauber Oil Product Profiles, Application and Specification
13.3.3 Tauber Oil Heavy Fuel Oil Market Performance (2015-2020)
13.4 Hiap Huat Holdings Berhad
13.4.1 Hiap Huat Holdings Berhad Basic Information
13.4.2 Hiap Huat Holdings Berhad Product Profiles, Application and Specification
13.4.3 Hiap Huat Holdings Berhad Heavy Fuel Oil Market Performance (2015-2020)
13.5 Emo
13.5.1 Emo Basic Information
13.5.2 Emo Product Profiles, Application and Specification
13.5.3 Emo Heavy Fuel Oil Market Performance (2015-2020)
13.6 Exxon Mobil
13.6.1 Exxon Mobil Basic Information
13.6.2 Exxon Mobil Product Profiles, Application and Specification
13.6.3 Exxon Mobil Heavy Fuel Oil Market Performance (2015-2020)
13.7 SA Oil
13.7.1 SA Oil Basic Information
13.7.2 SA Oil Product Profiles, Application and Specification
13.7.3 SA Oil Heavy Fuel Oil Market Performance (2015-2020)
13.8 NESTE
13.8.1 NESTE Basic Information
13.8.2 NESTE Product Profiles, Application and Specification
13.8.3 NESTE Heavy Fuel Oil Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Heavy Fuel Oil Market Forecast (2020-2025)
14.2 Europe Heavy Fuel Oil Market Forecast (2020-2025)
14.3 Asia-Pacific Heavy Fuel Oil Market Forecast (2020-2025)
14.4 Middle East and Africa Heavy Fuel Oil Market Forecast (2020-2025)
14.5 South America Heavy Fuel Oil Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Heavy Fuel Oil Market Forecast by Types (2020-2025)
15.1.1 Global Heavy Fuel Oil Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Heavy Fuel Oil Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Heavy Fuel Oil Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Heavy Fuel Oil Picture
Table Heavy Fuel Oil Key Market Segments
Figure Study and Forecasting Years
Figure Global Heavy Fuel Oil Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Heavy Fuel Oil Value ($) and Growth Rate (2015-2020)
Table Global Heavy Fuel Oil Value ($) by Countries (2015-2020)
Table Global Heavy Fuel Oil Value Market Share by Regions (2015-2020)
Figure Global Heavy Fuel Oil Value Market Share by Regions in 2019
Figure Global Heavy Fuel Oil Production and Growth Rate (2015-2020)
Table Global Heavy Fuel Oil Production by Major Countries (2015-2020)
Table Global Heavy Fuel Oil Production Market Share by Major Countries (2015-2020)
Figure Global Heavy Fuel Oil Production Market Share by Regions in 2019
Figure Global Heavy Fuel Oil Consumption and Growth Rate (2015-2020)
Table Global Heavy Fuel Oil Consumption by Regions (2015-2020)
Table Global Heavy Fuel Oil Consumption Market Share by Regions (2015-2020)
Figure Global Heavy Fuel Oil Consumption Market Share by Regions in 2019
Table Global Heavy Fuel Oil Export Top 3 Country 2019
Table Global Heavy Fuel Oil Import Top 3 Country 2019
Table United States Heavy Fuel Oil Export and Import (2015-2020)
Table Europe Heavy Fuel Oil Export and Import (2015-2020)
Table China Heavy Fuel Oil Export and Import (2015-2020)
Table Japan Heavy Fuel Oil Export and Import (2015-2020)
Table India Heavy Fuel Oil Export and Import (2015-2020)
Table Global Heavy Fuel Oil Production by Types (2015-2020)
Table Global Heavy Fuel Oil Production Market Share by Types (2015-2020)
Figure Global Heavy Fuel Oil Production Share by Type (2015-2020)
Table Global Heavy Fuel Oil Value by Types (2015-2020)
Table Global Heavy Fuel Oil Value Market Share by Types (2015-2020)
Figure Global Heavy Fuel Oil Value Share by Type (2015-2020)
Figure Global Shipping Production and Growth Rate (2015-2020)
Figure Global Shipping Price (2015-2020)
Figure Global Oil and Gas Production and Growth Rate (2015-2020)
Figure Global Oil and Gas Price (2015-2020)
Figure Global Mining Production and Growth Rate (2015-2020)
Figure Global Mining Price (2015-2020)
Figure Global Other Industries Production and Growth Rate (2015-2020)
Figure Global Other Industries Price (2015-2020)
Table Global Heavy Fuel Oil Consumption by Applications (2015-2020)
Table Global Heavy Fuel Oil Consumption Market Share by Applications (2015-2020)
Figure Global Heavy Fuel Oil Consumption Share by Application (2015-2020)
Figure Global Commercial Consumption and Growth Rate (2015-2020)
Figure Global Governmental & Municipal Consumption and Growth Rate (2015-2020)
Figure Global Others Consumption and Growth Rate (2015-2020)
Figure North America Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Table North America Heavy Fuel Oil Consumption by Countries (2015-2020)
Table North America Heavy Fuel Oil Consumption Market Share by Countries (2015-2020)
Figure North America Heavy Fuel Oil Consumption Market Share by Countries (2015-2020)
Figure United States Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Figure Canada Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Figure Mexico Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Table Europe Heavy Fuel Oil Consumption by Countries (2015-2020)
Table Europe Heavy Fuel Oil Consumption Market Share by Countries (2015-2020)
Figure Europe Heavy Fuel Oil Consumption Market Share by Countries (2015-2020)
Figure Germany Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Figure France Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Figure Italy Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Figure Spain Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Heavy Fuel Oil Consumption by Countries (2015-2020)
Table Asia-Pacific Heavy Fuel Oil Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Heavy Fuel Oil Consumption Market Share by Countries (2015-2020)
Figure China Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Figure Japan Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Figure South Korea Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Figure India Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Heavy Fuel Oil Consumption by Countries (2015-2020)
Table Middle East and Africa Heavy Fuel Oil Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Heavy Fuel Oil Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Figure UAE Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Figure South Africa Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Figure South America Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Table South America Heavy Fuel Oil Consumption by Countries (2015-2020)
Table South America Heavy Fuel Oil Consumption Market Share by Countries (2015-2020)
Figure South America Heavy Fuel Oil Consumption Market Share by Countries (2015-2020)
Figure Brazil Heavy Fuel Oil Market Consumption and Growth Rate (2015-2020)
Table Chevron phillips Company Profile
Table Chevron phillips Production, Value, Price, Gross Margin 2015-2020
Figure Chevron phillips Production and Growth Rate
Figure Chevron phillips Value ($) Market Share 2015-2020
Table Shell Global Company Profile
Table Shell Global Production, Value, Price, Gross Margin 2015-2020
Figure Shell Global Production and Growth Rate
Figure Shell Global Value ($) Market Share 2015-2020
Table Tauber Oil Company Profile
Table Tauber Oil Production, Value, Price, Gross Margin 2015-2020
Figure Tauber Oil Production and Growth Rate
Figure Tauber Oil Value ($) Market Share 2015-2020
Table Hiap Huat Holdings Berhad Company Profile
Table Hiap Huat Holdings Berhad Production, Value, Price, Gross Margin 2015-2020
Figure Hiap Huat Holdings Berhad Production and Growth Rate
Figure Hiap Huat Holdings Berhad Value ($) Market Share 2015-2020
Table Emo Company Profile
Table Emo Production, Value, Price, Gross Margin 2015-2020
Figure Emo Production and Growth Rate
Figure Emo Value ($) Market Share 2015-2020
Table Exxon Mobil Company Profile
Table Exxon Mobil Production, Value, Price, Gross Margin 2015-2020
Figure Exxon Mobil Production and Growth Rate
Figure Exxon Mobil Value ($) Market Share 2015-2020
Table SA Oil Company Profile
Table SA Oil Production, Value, Price, Gross Margin 2015-2020
Figure SA Oil Production and Growth Rate
Figure SA Oil Value ($) Market Share 2015-2020
Table NESTE Company Profile
Table NESTE Production, Value, Price, Gross Margin 2015-2020
Figure NESTE Production and Growth Rate
Figure NESTE Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Heavy Fuel Oil Market Forecast Production by Types (2020-2025)
Table Global Heavy Fuel Oil Market Forecast Production Share by Types (2020-2025)
Table Global Heavy Fuel Oil Market Forecast Value ($) by Types (2020-2025)
Table Global Heavy Fuel Oil Market Forecast Value Share by Types (2020-2025)
Table Global Heavy Fuel Oil Market Forecast Consumption by Applications (2020-2025)
Table Global Heavy Fuel Oil Market Forecast Consumption Share by Applications (2020-2025)
Research Methodology:
Heavy Fuel Oil Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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