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Global Marine Residual Fuel Oil Market Research Report 2025
Published Date: February 2025
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Report Code: QYRE-Auto-17X19214
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Global Marine Residual Fuel Oil Market Research Report 2025
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Global Marine Residual Fuel Oil Market Research Report 2025

Code: QYRE-Auto-17X19214
Report
February 2025
Pages:110
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Marine Residual Fuel Oil Market Size

The global market for Marine Residual Fuel Oil was valued at US$ 61050 million in the year 2024 and is projected to reach a revised size of US$ 76120 million by 2031, growing at a CAGR of 3.5% during the forecast period.

Marine Residual Fuel Oil Market

Marine Residual Fuel Oil Market

Marine residual fuel oil, also known as heavy fuel oil (HFO) or bunker fuel, is a type of fuel oil used in ships. It's a viscous, high-sulfur residue left over from the crude oil refining process. It's the cheapest and most readily available fuel for large vessels, but it produces significant air pollution, including sulfur oxides (SOx), particulate matter, and nitrogen oxides (NOx). Due to environmental concerns, regulations are increasingly restricting its use, pushing the shipping industry towards cleaner alternatives.
The marine residual fuel oil market is undergoing a significant transformation due to stricter environmental regulations, primarily driven by the International Maritime Organization's (IMO) sulfur cap. This regulation mandates a significant reduction in the sulfur content of marine fuels, pushing ship owners to adopt various strategies. These strategies include switching to cleaner fuels like low-sulfur fuel oil (LSFO), marine gas oil (MGO), or liquefied natural gas (LNG). Scrubbers, which are exhaust gas cleaning systems, offer another option by allowing ships to continue using HFO while removing sulfur oxides from the exhaust. The demand for HFO is declining, while the demand for LSFO and other cleaner alternatives is increasing. The industry is also seeing a rise in the use of biofuels and other alternative fuels. Furthermore, the development of more fuel-efficient ship designs and technologies is contributing to reduced fuel consumption overall. The long-term trend is towards decarbonization of the shipping industry, with a focus on reducing greenhouse gas emissions. This involves further exploration of alternative fuels, improvements in energy efficiency, and potentially the adoption of carbon capture and storage technologies. The future of marine residual fuel oil is uncertain, with its use likely to be significantly reduced or even phased out completely in the coming decades.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Marine Residual Fuel Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Marine Residual Fuel Oil.
The Marine Residual Fuel Oil market size, estimations, and forecasts are provided in terms of output/shipments (Kilotons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Marine Residual Fuel Oil market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Marine Residual Fuel Oil manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Marine Residual Fuel Oil Market Report

Report Metric Details
Report Name Marine Residual Fuel Oil Market
Accounted market size in year US$ 61050 million
Forecasted market size in 2031 US$ 76120 million
CAGR 3.5%
Base Year year
Forecasted years 2025 - 2031
by Type
  • HSFO
  • LSFO
  • ULSFO
by Application
  • Large Ship
  • Medium Ship
  • Small Ship
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company BP, Exxon Mobil, Chevron, Royal Dutch Shell, Sinopec, Petrobras, PetroChina, Indian Oil, Shell Global, Orim Energy, Bomin Group, TotalEnergies Marine Fuels, CEPSA, Stena Oil, Qatar Petroleum, Monjasa
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of Marine Residual Fuel Oil manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Marine Residual Fuel Oil by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of Marine Residual Fuel Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Marine Residual Fuel Oil Market growing?

Ans: The Marine Residual Fuel Oil Market witnessing a CAGR of 3.5% during the forecast period 2025-2031.

What is the Marine Residual Fuel Oil Market size in 2031?

Ans: The Marine Residual Fuel Oil Market size in 2031 will be US$ 76120 million.

Who are the main players in the Marine Residual Fuel Oil Market report?

Ans: The main players in the Marine Residual Fuel Oil Market are BP, Exxon Mobil, Chevron, Royal Dutch Shell, Sinopec, Petrobras, PetroChina, Indian Oil, Shell Global, Orim Energy, Bomin Group, TotalEnergies Marine Fuels, CEPSA, Stena Oil, Qatar Petroleum, Monjasa

What are the Application segmentation covered in the Marine Residual Fuel Oil Market report?

Ans: The Applications covered in the Marine Residual Fuel Oil Market report are Large Ship, Medium Ship, Small Ship

What are the Type segmentation covered in the Marine Residual Fuel Oil Market report?

Ans: The Types covered in the Marine Residual Fuel Oil Market report are HSFO, LSFO, ULSFO

Recommended Reports

Marine Fuel Oil Markets

Marine Engine & Lubricants

Alternative & Renewable Marine Fuels

1 Marine Residual Fuel Oil Market Overview
1.1 Product Definition
1.2 Marine Residual Fuel Oil by Type
1.2.1 Global Marine Residual Fuel Oil Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 HSFO
1.2.3 LSFO
1.2.4 ULSFO
1.3 Marine Residual Fuel Oil by Application
1.3.1 Global Marine Residual Fuel Oil Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Large Ship
1.3.3 Medium Ship
1.3.4 Small Ship
1.4 Global Market Growth Prospects
1.4.1 Global Marine Residual Fuel Oil Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Marine Residual Fuel Oil Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Marine Residual Fuel Oil Production Estimates and Forecasts (2020-2031)
1.4.4 Global Marine Residual Fuel Oil Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Marine Residual Fuel Oil Production Market Share by Manufacturers (2020-2025)
2.2 Global Marine Residual Fuel Oil Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Marine Residual Fuel Oil, Industry Ranking, 2023 VS 2024
2.4 Global Marine Residual Fuel Oil Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Marine Residual Fuel Oil Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Marine Residual Fuel Oil, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Marine Residual Fuel Oil, Product Offered and Application
2.8 Global Key Manufacturers of Marine Residual Fuel Oil, Date of Enter into This Industry
2.9 Marine Residual Fuel Oil Market Competitive Situation and Trends
2.9.1 Marine Residual Fuel Oil Market Concentration Rate
2.9.2 Global 5 and 10 Largest Marine Residual Fuel Oil Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Marine Residual Fuel Oil Production by Region
3.1 Global Marine Residual Fuel Oil Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Marine Residual Fuel Oil Production Value by Region (2020-2031)
3.2.1 Global Marine Residual Fuel Oil Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Marine Residual Fuel Oil by Region (2026-2031)
3.3 Global Marine Residual Fuel Oil Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Marine Residual Fuel Oil Production Volume by Region (2020-2031)
3.4.1 Global Marine Residual Fuel Oil Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Marine Residual Fuel Oil by Region (2026-2031)
3.5 Global Marine Residual Fuel Oil Market Price Analysis by Region (2020-2025)
3.6 Global Marine Residual Fuel Oil Production and Value, Year-over-Year Growth
3.6.1 North America Marine Residual Fuel Oil Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Marine Residual Fuel Oil Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Marine Residual Fuel Oil Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Marine Residual Fuel Oil Production Value Estimates and Forecasts (2020-2031)
4 Marine Residual Fuel Oil Consumption by Region
4.1 Global Marine Residual Fuel Oil Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Marine Residual Fuel Oil Consumption by Region (2020-2031)
4.2.1 Global Marine Residual Fuel Oil Consumption by Region (2020-2025)
4.2.2 Global Marine Residual Fuel Oil Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Marine Residual Fuel Oil Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Marine Residual Fuel Oil Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Marine Residual Fuel Oil Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Marine Residual Fuel Oil Consumption by Country (2020-2031)
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 Marine Residual Fuel Oil Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Marine Residual Fuel Oil Consumption by Region (2020-2031)
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 Marine Residual Fuel Oil Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Marine Residual Fuel Oil Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Marine Residual Fuel Oil Production by Type (2020-2031)
5.1.1 Global Marine Residual Fuel Oil Production by Type (2020-2025)
5.1.2 Global Marine Residual Fuel Oil Production by Type (2026-2031)
5.1.3 Global Marine Residual Fuel Oil Production Market Share by Type (2020-2031)
5.2 Global Marine Residual Fuel Oil Production Value by Type (2020-2031)
5.2.1 Global Marine Residual Fuel Oil Production Value by Type (2020-2025)
5.2.2 Global Marine Residual Fuel Oil Production Value by Type (2026-2031)
5.2.3 Global Marine Residual Fuel Oil Production Value Market Share by Type (2020-2031)
5.3 Global Marine Residual Fuel Oil Price by Type (2020-2031)
6 Segment by Application
6.1 Global Marine Residual Fuel Oil Production by Application (2020-2031)
6.1.1 Global Marine Residual Fuel Oil Production by Application (2020-2025)
6.1.2 Global Marine Residual Fuel Oil Production by Application (2026-2031)
6.1.3 Global Marine Residual Fuel Oil Production Market Share by Application (2020-2031)
6.2 Global Marine Residual Fuel Oil Production Value by Application (2020-2031)
6.2.1 Global Marine Residual Fuel Oil Production Value by Application (2020-2025)
6.2.2 Global Marine Residual Fuel Oil Production Value by Application (2026-2031)
6.2.3 Global Marine Residual Fuel Oil Production Value Market Share by Application (2020-2031)
6.3 Global Marine Residual Fuel Oil Price by Application (2020-2031)
7 Key Companies Profiled
7.1 BP
7.1.1 BP Marine Residual Fuel Oil Company Information
7.1.2 BP Marine Residual Fuel Oil Product Portfolio
7.1.3 BP Marine Residual Fuel Oil Production, Value, Price and Gross Margin (2020-2025)
7.1.4 BP Main Business and Markets Served
7.1.5 BP Recent Developments/Updates
7.2 Exxon Mobil
7.2.1 Exxon Mobil Marine Residual Fuel Oil Company Information
7.2.2 Exxon Mobil Marine Residual Fuel Oil Product Portfolio
7.2.3 Exxon Mobil Marine Residual Fuel Oil Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Exxon Mobil Main Business and Markets Served
7.2.5 Exxon Mobil Recent Developments/Updates
7.3 Chevron
7.3.1 Chevron Marine Residual Fuel Oil Company Information
7.3.2 Chevron Marine Residual Fuel Oil Product Portfolio
7.3.3 Chevron Marine Residual Fuel Oil Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Chevron Main Business and Markets Served
7.3.5 Chevron Recent Developments/Updates
7.4 Royal Dutch Shell
7.4.1 Royal Dutch Shell Marine Residual Fuel Oil Company Information
7.4.2 Royal Dutch Shell Marine Residual Fuel Oil Product Portfolio
7.4.3 Royal Dutch Shell Marine Residual Fuel Oil Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Royal Dutch Shell Main Business and Markets Served
7.4.5 Royal Dutch Shell Recent Developments/Updates
7.5 Sinopec
7.5.1 Sinopec Marine Residual Fuel Oil Company Information
7.5.2 Sinopec Marine Residual Fuel Oil Product Portfolio
7.5.3 Sinopec Marine Residual Fuel Oil Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Sinopec Main Business and Markets Served
7.5.5 Sinopec Recent Developments/Updates
7.6 Petrobras
7.6.1 Petrobras Marine Residual Fuel Oil Company Information
7.6.2 Petrobras Marine Residual Fuel Oil Product Portfolio
7.6.3 Petrobras Marine Residual Fuel Oil Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Petrobras Main Business and Markets Served
7.6.5 Petrobras Recent Developments/Updates
7.7 PetroChina
7.7.1 PetroChina Marine Residual Fuel Oil Company Information
7.7.2 PetroChina Marine Residual Fuel Oil Product Portfolio
7.7.3 PetroChina Marine Residual Fuel Oil Production, Value, Price and Gross Margin (2020-2025)
7.7.4 PetroChina Main Business and Markets Served
7.7.5 PetroChina Recent Developments/Updates
7.8 Indian Oil
7.8.1 Indian Oil Marine Residual Fuel Oil Company Information
7.8.2 Indian Oil Marine Residual Fuel Oil Product Portfolio
7.8.3 Indian Oil Marine Residual Fuel Oil Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Indian Oil Main Business and Markets Served
7.8.5 Indian Oil Recent Developments/Updates
7.9 Shell Global
7.9.1 Shell Global Marine Residual Fuel Oil Company Information
7.9.2 Shell Global Marine Residual Fuel Oil Product Portfolio
7.9.3 Shell Global Marine Residual Fuel Oil Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Shell Global Main Business and Markets Served
7.9.5 Shell Global Recent Developments/Updates
7.10 Orim Energy
7.10.1 Orim Energy Marine Residual Fuel Oil Company Information
7.10.2 Orim Energy Marine Residual Fuel Oil Product Portfolio
7.10.3 Orim Energy Marine Residual Fuel Oil Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Orim Energy Main Business and Markets Served
7.10.5 Orim Energy Recent Developments/Updates
7.11 Bomin Group
7.11.1 Bomin Group Marine Residual Fuel Oil Company Information
7.11.2 Bomin Group Marine Residual Fuel Oil Product Portfolio
7.11.3 Bomin Group Marine Residual Fuel Oil Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Bomin Group Main Business and Markets Served
7.11.5 Bomin Group Recent Developments/Updates
7.12 TotalEnergies Marine Fuels
7.12.1 TotalEnergies Marine Fuels Marine Residual Fuel Oil Company Information
7.12.2 TotalEnergies Marine Fuels Marine Residual Fuel Oil Product Portfolio
7.12.3 TotalEnergies Marine Fuels Marine Residual Fuel Oil Production, Value, Price and Gross Margin (2020-2025)
7.12.4 TotalEnergies Marine Fuels Main Business and Markets Served
7.12.5 TotalEnergies Marine Fuels Recent Developments/Updates
7.13 CEPSA
7.13.1 CEPSA Marine Residual Fuel Oil Company Information
7.13.2 CEPSA Marine Residual Fuel Oil Product Portfolio
7.13.3 CEPSA Marine Residual Fuel Oil Production, Value, Price and Gross Margin (2020-2025)
7.13.4 CEPSA Main Business and Markets Served
7.13.5 CEPSA Recent Developments/Updates
7.14 Stena Oil
7.14.1 Stena Oil Marine Residual Fuel Oil Company Information
7.14.2 Stena Oil Marine Residual Fuel Oil Product Portfolio
7.14.3 Stena Oil Marine Residual Fuel Oil Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Stena Oil Main Business and Markets Served
7.14.5 Stena Oil Recent Developments/Updates
7.15 Qatar Petroleum
7.15.1 Qatar Petroleum Marine Residual Fuel Oil Company Information
7.15.2 Qatar Petroleum Marine Residual Fuel Oil Product Portfolio
7.15.3 Qatar Petroleum Marine Residual Fuel Oil Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Qatar Petroleum Main Business and Markets Served
7.15.5 Qatar Petroleum Recent Developments/Updates
7.16 Monjasa
7.16.1 Monjasa Marine Residual Fuel Oil Company Information
7.16.2 Monjasa Marine Residual Fuel Oil Product Portfolio
7.16.3 Monjasa Marine Residual Fuel Oil Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Monjasa Main Business and Markets Served
7.16.5 Monjasa Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Marine Residual Fuel Oil Industry Chain Analysis
8.2 Marine Residual Fuel Oil Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Marine Residual Fuel Oil Production Mode & Process Analysis
8.4 Marine Residual Fuel Oil Sales and Marketing
8.4.1 Marine Residual Fuel Oil Sales Channels
8.4.2 Marine Residual Fuel Oil Distributors
8.5 Marine Residual Fuel Oil Customer Analysis
9 Marine Residual Fuel Oil Market Dynamics
9.1 Marine Residual Fuel Oil Industry Trends
9.2 Marine Residual Fuel Oil Market Drivers
9.3 Marine Residual Fuel Oil Market Challenges
9.4 Marine Residual Fuel Oil Market Restraints
10 Research Findings 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
List of Tables
 Table 1. Global Marine Residual Fuel Oil Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Marine Residual Fuel Oil Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Marine Residual Fuel Oil Production Capacity (Kilotons) by Manufacturers in 2024
 Table 4. Global Marine Residual Fuel Oil Production by Manufacturers (2020-2025) & (Kilotons)
 Table 5. Global Marine Residual Fuel Oil Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Marine Residual Fuel Oil Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Marine Residual Fuel Oil Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Marine Residual Fuel Oil, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Marine Residual Fuel Oil as of 2024)
 Table 10. Global Market Marine Residual Fuel Oil Average Price by Manufacturers (US$/Ton) & (2020-2025)
 Table 11. Global Key Manufacturers of Marine Residual Fuel Oil, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Marine Residual Fuel Oil, Product Offered and Application
 Table 13. Global Key Manufacturers of Marine Residual Fuel Oil, Date of Enter into This Industry
 Table 14. Global Marine Residual Fuel Oil Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Marine Residual Fuel Oil Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Marine Residual Fuel Oil Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Marine Residual Fuel Oil Production Value Market Share by Region (2020-2025)
 Table 19. Global Marine Residual Fuel Oil Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Marine Residual Fuel Oil Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Marine Residual Fuel Oil Production Comparison by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Table 22. Global Marine Residual Fuel Oil Production (Kilotons) by Region (2020-2025)
 Table 23. Global Marine Residual Fuel Oil Production Market Share by Region (2020-2025)
 Table 24. Global Marine Residual Fuel Oil Production (Kilotons) Forecast by Region (2026-2031)
 Table 25. Global Marine Residual Fuel Oil Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Marine Residual Fuel Oil Market Average Price (US$/Ton) by Region (2020-2025)
 Table 27. Global Marine Residual Fuel Oil Market Average Price (US$/Ton) by Region (2026-2031)
 Table 28. Global Marine Residual Fuel Oil Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Table 29. Global Marine Residual Fuel Oil Consumption by Region (2020-2025) & (Kilotons)
 Table 30. Global Marine Residual Fuel Oil Consumption Market Share by Region (2020-2025)
 Table 31. Global Marine Residual Fuel Oil Forecasted Consumption by Region (2026-2031) & (Kilotons)
 Table 32. Global Marine Residual Fuel Oil Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Marine Residual Fuel Oil Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Kilotons)
 Table 34. North America Marine Residual Fuel Oil Consumption by Country (2020-2025) & (Kilotons)
 Table 35. North America Marine Residual Fuel Oil Consumption by Country (2026-2031) & (Kilotons)
 Table 36. Europe Marine Residual Fuel Oil Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Kilotons)
 Table 37. Europe Marine Residual Fuel Oil Consumption by Country (2020-2025) & (Kilotons)
 Table 38. Europe Marine Residual Fuel Oil Consumption by Country (2026-2031) & (Kilotons)
 Table 39. Asia Pacific Marine Residual Fuel Oil Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Table 40. Asia Pacific Marine Residual Fuel Oil Consumption by Region (2020-2025) & (Kilotons)
 Table 41. Asia Pacific Marine Residual Fuel Oil Consumption by Region (2026-2031) & (Kilotons)
 Table 42. Latin America, Middle East & Africa Marine Residual Fuel Oil Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Kilotons)
 Table 43. Latin America, Middle East & Africa Marine Residual Fuel Oil Consumption by Country (2020-2025) & (Kilotons)
 Table 44. Latin America, Middle East & Africa Marine Residual Fuel Oil Consumption by Country (2026-2031) & (Kilotons)
 Table 45. Global Marine Residual Fuel Oil Production (Kilotons) by Type (2020-2025)
 Table 46. Global Marine Residual Fuel Oil Production (Kilotons) by Type (2026-2031)
 Table 47. Global Marine Residual Fuel Oil Production Market Share by Type (2020-2025)
 Table 48. Global Marine Residual Fuel Oil Production Market Share by Type (2026-2031)
 Table 49. Global Marine Residual Fuel Oil Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Marine Residual Fuel Oil Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Marine Residual Fuel Oil Production Value Market Share by Type (2020-2025)
 Table 52. Global Marine Residual Fuel Oil Production Value Market Share by Type (2026-2031)
 Table 53. Global Marine Residual Fuel Oil Price (US$/Ton) by Type (2020-2025)
 Table 54. Global Marine Residual Fuel Oil Price (US$/Ton) by Type (2026-2031)
 Table 55. Global Marine Residual Fuel Oil Production (Kilotons) by Application (2020-2025)
 Table 56. Global Marine Residual Fuel Oil Production (Kilotons) by Application (2026-2031)
 Table 57. Global Marine Residual Fuel Oil Production Market Share by Application (2020-2025)
 Table 58. Global Marine Residual Fuel Oil Production Market Share by Application (2026-2031)
 Table 59. Global Marine Residual Fuel Oil Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Marine Residual Fuel Oil Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Marine Residual Fuel Oil Production Value Market Share by Application (2020-2025)
 Table 62. Global Marine Residual Fuel Oil Production Value Market Share by Application (2026-2031)
 Table 63. Global Marine Residual Fuel Oil Price (US$/Ton) by Application (2020-2025)
 Table 64. Global Marine Residual Fuel Oil Price (US$/Ton) by Application (2026-2031)
 Table 65. BP Marine Residual Fuel Oil Company Information
 Table 66. BP Marine Residual Fuel Oil Specification and Application
 Table 67. BP Marine Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 68. BP Main Business and Markets Served
 Table 69. BP Recent Developments/Updates
 Table 70. Exxon Mobil Marine Residual Fuel Oil Company Information
 Table 71. Exxon Mobil Marine Residual Fuel Oil Specification and Application
 Table 72. Exxon Mobil Marine Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 73. Exxon Mobil Main Business and Markets Served
 Table 74. Exxon Mobil Recent Developments/Updates
 Table 75. Chevron Marine Residual Fuel Oil Company Information
 Table 76. Chevron Marine Residual Fuel Oil Specification and Application
 Table 77. Chevron Marine Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 78. Chevron Main Business and Markets Served
 Table 79. Chevron Recent Developments/Updates
 Table 80. Royal Dutch Shell Marine Residual Fuel Oil Company Information
 Table 81. Royal Dutch Shell Marine Residual Fuel Oil Specification and Application
 Table 82. Royal Dutch Shell Marine Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 83. Royal Dutch Shell Main Business and Markets Served
 Table 84. Royal Dutch Shell Recent Developments/Updates
 Table 85. Sinopec Marine Residual Fuel Oil Company Information
 Table 86. Sinopec Marine Residual Fuel Oil Specification and Application
 Table 87. Sinopec Marine Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 88. Sinopec Main Business and Markets Served
 Table 89. Sinopec Recent Developments/Updates
 Table 90. Petrobras Marine Residual Fuel Oil Company Information
 Table 91. Petrobras Marine Residual Fuel Oil Specification and Application
 Table 92. Petrobras Marine Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 93. Petrobras Main Business and Markets Served
 Table 94. Petrobras Recent Developments/Updates
 Table 95. PetroChina Marine Residual Fuel Oil Company Information
 Table 96. PetroChina Marine Residual Fuel Oil Specification and Application
 Table 97. PetroChina Marine Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 98. PetroChina Main Business and Markets Served
 Table 99. PetroChina Recent Developments/Updates
 Table 100. Indian Oil Marine Residual Fuel Oil Company Information
 Table 101. Indian Oil Marine Residual Fuel Oil Specification and Application
 Table 102. Indian Oil Marine Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 103. Indian Oil Main Business and Markets Served
 Table 104. Indian Oil Recent Developments/Updates
 Table 105. Shell Global Marine Residual Fuel Oil Company Information
 Table 106. Shell Global Marine Residual Fuel Oil Specification and Application
 Table 107. Shell Global Marine Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 108. Shell Global Main Business and Markets Served
 Table 109. Shell Global Recent Developments/Updates
 Table 110. Orim Energy Marine Residual Fuel Oil Company Information
 Table 111. Orim Energy Marine Residual Fuel Oil Specification and Application
 Table 112. Orim Energy Marine Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 113. Orim Energy Main Business and Markets Served
 Table 114. Orim Energy Recent Developments/Updates
 Table 115. Bomin Group Marine Residual Fuel Oil Company Information
 Table 116. Bomin Group Marine Residual Fuel Oil Specification and Application
 Table 117. Bomin Group Marine Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 118. Bomin Group Main Business and Markets Served
 Table 119. Bomin Group Recent Developments/Updates
 Table 120. TotalEnergies Marine Fuels Marine Residual Fuel Oil Company Information
 Table 121. TotalEnergies Marine Fuels Marine Residual Fuel Oil Specification and Application
 Table 122. TotalEnergies Marine Fuels Marine Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 123. TotalEnergies Marine Fuels Main Business and Markets Served
 Table 124. TotalEnergies Marine Fuels Recent Developments/Updates
 Table 125. CEPSA Marine Residual Fuel Oil Company Information
 Table 126. CEPSA Marine Residual Fuel Oil Specification and Application
 Table 127. CEPSA Marine Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 128. CEPSA Main Business and Markets Served
 Table 129. CEPSA Recent Developments/Updates
 Table 130. Stena Oil Marine Residual Fuel Oil Company Information
 Table 131. Stena Oil Marine Residual Fuel Oil Specification and Application
 Table 132. Stena Oil Marine Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 133. Stena Oil Main Business and Markets Served
 Table 134. Stena Oil Recent Developments/Updates
 Table 135. Qatar Petroleum Marine Residual Fuel Oil Company Information
 Table 136. Qatar Petroleum Marine Residual Fuel Oil Specification and Application
 Table 137. Qatar Petroleum Marine Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 138. Qatar Petroleum Main Business and Markets Served
 Table 139. Qatar Petroleum Recent Developments/Updates
 Table 140. Monjasa Marine Residual Fuel Oil Company Information
 Table 141. Monjasa Marine Residual Fuel Oil Specification and Application
 Table 142. Monjasa Marine Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 143. Monjasa Main Business and Markets Served
 Table 144. Monjasa Recent Developments/Updates
 Table 145. Key Raw Materials Lists
 Table 146. Raw Materials Key Suppliers Lists
 Table 147. Marine Residual Fuel Oil Distributors List
 Table 148. Marine Residual Fuel Oil Customers List
 Table 149. Marine Residual Fuel Oil Market Trends
 Table 150. Marine Residual Fuel Oil Market Drivers
 Table 151. Marine Residual Fuel Oil Market Challenges
 Table 152. Marine Residual Fuel Oil Market Restraints
 Table 153. Research Programs/Design for This Report
 Table 154. Key Data Information from Secondary Sources
 Table 155. Key Data Information from Primary Sources
 Table 156. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Marine Residual Fuel Oil
 Figure 2. Global Marine Residual Fuel Oil Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Marine Residual Fuel Oil Market Share by Type: 2024 VS 2031
 Figure 4. HSFO Product Picture
 Figure 5. LSFO Product Picture
 Figure 6. ULSFO Product Picture
 Figure 7. Global Marine Residual Fuel Oil Market Value by Application, (US$ Million) & (2020-2031)
 Figure 8. Global Marine Residual Fuel Oil Market Share by Application: 2024 VS 2031
 Figure 9. Large Ship
 Figure 10. Medium Ship
 Figure 11. Small Ship
 Figure 12. Global Marine Residual Fuel Oil Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 13. Global Marine Residual Fuel Oil Production Value (US$ Million) & (2020-2031)
 Figure 14. Global Marine Residual Fuel Oil Production Capacity (Kilotons) & (2020-2031)
 Figure 15. Global Marine Residual Fuel Oil Production (Kilotons) & (2020-2031)
 Figure 16. Global Marine Residual Fuel Oil Average Price (US$/Ton) & (2020-2031)
 Figure 17. Marine Residual Fuel Oil Report Years Considered
 Figure 18. Marine Residual Fuel Oil Production Share by Manufacturers in 2024
 Figure 19. Global Marine Residual Fuel Oil Production Value Share by Manufacturers (2024)
 Figure 20. Marine Residual Fuel Oil Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 21. The Global 5 and 10 Largest Players: Market Share by Marine Residual Fuel Oil Revenue in 2024
 Figure 22. Global Marine Residual Fuel Oil Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 23. Global Marine Residual Fuel Oil Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 24. Global Marine Residual Fuel Oil Production Comparison by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Figure 25. Global Marine Residual Fuel Oil Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 26. North America Marine Residual Fuel Oil Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 27. Europe Marine Residual Fuel Oil Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 28. China Marine Residual Fuel Oil Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. Japan Marine Residual Fuel Oil Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. Global Marine Residual Fuel Oil Consumption by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Figure 31. Global Marine Residual Fuel Oil Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 32. North America Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 33. North America Marine Residual Fuel Oil Consumption Market Share by Country (2020-2031)
 Figure 34. U.S. Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 35. Canada Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 36. Europe Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 37. Europe Marine Residual Fuel Oil Consumption Market Share by Country (2020-2031)
 Figure 38. Germany Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 39. France Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 40. U.K. Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 41. Italy Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 42. Russia Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 43. Asia Pacific Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 44. Asia Pacific Marine Residual Fuel Oil Consumption Market Share by Region (2020-2031)
 Figure 45. China Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 46. Japan Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 47. South Korea Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 48. China Taiwan Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 49. Southeast Asia Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 50. India Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 51. Latin America, Middle East & Africa Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 52. Latin America, Middle East & Africa Marine Residual Fuel Oil Consumption Market Share by Country (2020-2031)
 Figure 53. Mexico Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 54. Brazil Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 55. Turkey Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 56. GCC Countries Marine Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 57. Global Production Market Share of Marine Residual Fuel Oil by Type (2020-2031)
 Figure 58. Global Production Value Market Share of Marine Residual Fuel Oil by Type (2020-2031)
 Figure 59. Global Marine Residual Fuel Oil Price (US$/Ton) by Type (2020-2031)
 Figure 60. Global Production Market Share of Marine Residual Fuel Oil by Application (2020-2031)
 Figure 61. Global Production Value Market Share of Marine Residual Fuel Oil by Application (2020-2031)
 Figure 62. Global Marine Residual Fuel Oil Price (US$/Ton) by Application (2020-2031)
 Figure 63. Marine Residual Fuel Oil Value Chain
 Figure 64. Channels of Distribution (Direct Vs Distribution)
 Figure 65. Bottom-up and Top-down Approaches for This Report
 Figure 66. Data Triangulation
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