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Global Heavy Oils Market Research Report 2024
Published Date: June 2024
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Report Code: QYRE-Auto-18Z17468
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Global Heavy Oils Market Research Report 2024
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Global Heavy Oils Market Research Report 2024

Code: QYRE-Auto-18Z17468
Report
June 2024
Pages:124
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Heavy Oils Market

Heavy Oils, also known as heavy crude oil, is a type of crude oil that is characterized by its high density and viscosity. Unlike lighter grades of crude oil, heavy petroleum contains a higher proportion of heavy hydrocarbons, which makes it more challenging to extract, transport, and refine.
The global Heavy Oils market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of %during the forecast period 2024-2030.
North American market for Heavy Oils is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Heavy Oils is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Heavy Oils include Schlumberger, Halliburton, Saudi Aramco, National Iranian Oil Company, Canadian Natural Resources Limited, ExxonMobil, Albemarle, Abu Dhabi National Oil, Husky, Sinopec, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Heavy Oils, 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 Heavy Oils.
The Heavy Oils market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Heavy Oils 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 Heavy Oils 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 Heavy Oils Market Report

Report Metric Details
Report Name Heavy Oils Market
by Type
  • Heavy Oils
  • Extra Heavy Oils
by Application
  • Machinery & Equipment
  • Aerospace
  • Defense
  • Shipbuilding Industry
  • Others
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 Schlumberger, Halliburton, Saudi Aramco, National Iranian Oil Company, Canadian Natural Resources Limited, ExxonMobil, Albemarle, Abu Dhabi National Oil, Husky, Sinopec, CNPC, CNOOC, Kuwait Petroleum Corporation, ConocoPhillips, BP, Suncor Energy, Wärtsilä, TotalEnergies, Shell, Marathon Petroleum, Qatar Petroleum, Cepsa
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 Heavy Oils manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Heavy Oils 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 Heavy Oils 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

Who are the main players in the Heavy Oils Market report?

Ans: The main players in the Heavy Oils Market are Schlumberger, Halliburton, Saudi Aramco, National Iranian Oil Company, Canadian Natural Resources Limited, ExxonMobil, Albemarle, Abu Dhabi National Oil, Husky, Sinopec, CNPC, CNOOC, Kuwait Petroleum Corporation, ConocoPhillips, BP, Suncor Energy, Wärtsilä, TotalEnergies, Shell, Marathon Petroleum, Qatar Petroleum, Cepsa

What are the Application segmentation covered in the Heavy Oils Market report?

Ans: The Applications covered in the Heavy Oils Market report are Machinery & Equipment, Aerospace, Defense, Shipbuilding Industry, Others

What are the Type segmentation covered in the Heavy Oils Market report?

Ans: The Types covered in the Heavy Oils Market report are Heavy Oils, Extra Heavy Oils

1 Heavy Oils Market Overview
1.1 Product Definition
1.2 Heavy Oils by Type
1.2.1 Global Heavy Oils Market Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Heavy Oils
1.2.3 Extra Heavy Oils
1.3 Heavy Oils by Application
1.3.1 Global Heavy Oils Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Machinery & Equipment
1.3.3 Aerospace
1.3.4 Defense
1.3.5 Shipbuilding Industry
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Heavy Oils Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Heavy Oils Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Heavy Oils Production Estimates and Forecasts (2019-2030)
1.4.4 Global Heavy Oils Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Heavy Oils Production Market Share by Manufacturers (2019-2024)
2.2 Global Heavy Oils Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Heavy Oils, Industry Ranking, 2022 VS 2023
2.4 Global Heavy Oils Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Heavy Oils Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Heavy Oils, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Heavy Oils, Product Offered and Application
2.8 Global Key Manufacturers of Heavy Oils, Date of Enter into This Industry
2.9 Heavy Oils Market Competitive Situation and Trends
2.9.1 Heavy Oils Market Concentration Rate
2.9.2 Global 5 and 10 Largest Heavy Oils Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Heavy Oils Production by Region
3.1 Global Heavy Oils Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Heavy Oils Production Value by Region (2019-2030)
3.2.1 Global Heavy Oils Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Heavy Oils by Region (2025-2030)
3.3 Global Heavy Oils Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Heavy Oils Production by Region (2019-2030)
3.4.1 Global Heavy Oils Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Heavy Oils by Region (2025-2030)
3.5 Global Heavy Oils Market Price Analysis by Region (2019-2024)
3.6 Global Heavy Oils Production and Value, Year-over-Year Growth
3.6.1 North America Heavy Oils Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Heavy Oils Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Heavy Oils Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Heavy Oils Production Value Estimates and Forecasts (2019-2030)
4 Heavy Oils Consumption by Region
4.1 Global Heavy Oils Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Heavy Oils Consumption by Region (2019-2030)
4.2.1 Global Heavy Oils Consumption by Region (2019-2030)
4.2.2 Global Heavy Oils Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Heavy Oils Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Heavy Oils Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Heavy Oils Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Heavy Oils Consumption by Country (2019-2030)
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 Heavy Oils Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Heavy Oils Consumption by Region (2019-2030)
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 Heavy Oils Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Heavy Oils Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Heavy Oils Production by Type (2019-2030)
5.1.1 Global Heavy Oils Production by Type (2019-2024)
5.1.2 Global Heavy Oils Production by Type (2025-2030)
5.1.3 Global Heavy Oils Production Market Share by Type (2019-2030)
5.2 Global Heavy Oils Production Value by Type (2019-2030)
5.2.1 Global Heavy Oils Production Value by Type (2019-2024)
5.2.2 Global Heavy Oils Production Value by Type (2025-2030)
5.2.3 Global Heavy Oils Production Value Market Share by Type (2019-2030)
5.3 Global Heavy Oils Price by Type (2019-2030)
6 Segment by Application
6.1 Global Heavy Oils Production by Application (2019-2030)
6.1.1 Global Heavy Oils Production by Application (2019-2024)
6.1.2 Global Heavy Oils Production by Application (2025-2030)
6.1.3 Global Heavy Oils Production Market Share by Application (2019-2030)
6.2 Global Heavy Oils Production Value by Application (2019-2030)
6.2.1 Global Heavy Oils Production Value by Application (2019-2024)
6.2.2 Global Heavy Oils Production Value by Application (2025-2030)
6.2.3 Global Heavy Oils Production Value Market Share by Application (2019-2030)
6.3 Global Heavy Oils Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Schlumberger
7.1.1 Schlumberger Heavy Oils Company Information
7.1.2 Schlumberger Heavy Oils Product Portfolio
7.1.3 Schlumberger Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Schlumberger Main Business and Markets Served
7.1.5 Schlumberger Recent Developments/Updates
7.2 Halliburton
7.2.1 Halliburton Heavy Oils Company Information
7.2.2 Halliburton Heavy Oils Product Portfolio
7.2.3 Halliburton Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Halliburton Main Business and Markets Served
7.2.5 Halliburton Recent Developments/Updates
7.3 Saudi Aramco
7.3.1 Saudi Aramco Heavy Oils Company Information
7.3.2 Saudi Aramco Heavy Oils Product Portfolio
7.3.3 Saudi Aramco Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Saudi Aramco Main Business and Markets Served
7.3.5 Saudi Aramco Recent Developments/Updates
7.4 National Iranian Oil Company
7.4.1 National Iranian Oil Company Heavy Oils Company Information
7.4.2 National Iranian Oil Company Heavy Oils Product Portfolio
7.4.3 National Iranian Oil Company Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.4.4 National Iranian Oil Company Main Business and Markets Served
7.4.5 National Iranian Oil Company Recent Developments/Updates
7.5 Canadian Natural Resources Limited
7.5.1 Canadian Natural Resources Limited Heavy Oils Company Information
7.5.2 Canadian Natural Resources Limited Heavy Oils Product Portfolio
7.5.3 Canadian Natural Resources Limited Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Canadian Natural Resources Limited Main Business and Markets Served
7.5.5 Canadian Natural Resources Limited Recent Developments/Updates
7.6 ExxonMobil
7.6.1 ExxonMobil Heavy Oils Company Information
7.6.2 ExxonMobil Heavy Oils Product Portfolio
7.6.3 ExxonMobil Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.6.4 ExxonMobil Main Business and Markets Served
7.6.5 ExxonMobil Recent Developments/Updates
7.7 Albemarle
7.7.1 Albemarle Heavy Oils Company Information
7.7.2 Albemarle Heavy Oils Product Portfolio
7.7.3 Albemarle Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Albemarle Main Business and Markets Served
7.7.5 Albemarle Recent Developments/Updates
7.8 Abu Dhabi National Oil
7.8.1 Abu Dhabi National Oil Heavy Oils Company Information
7.8.2 Abu Dhabi National Oil Heavy Oils Product Portfolio
7.8.3 Abu Dhabi National Oil Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Abu Dhabi National Oil Main Business and Markets Served
7.8.5 Abu Dhabi National Oil Recent Developments/Updates
7.9 Husky
7.9.1 Husky Heavy Oils Company Information
7.9.2 Husky Heavy Oils Product Portfolio
7.9.3 Husky Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Husky Main Business and Markets Served
7.9.5 Husky Recent Developments/Updates
7.10 Sinopec
7.10.1 Sinopec Heavy Oils Company Information
7.10.2 Sinopec Heavy Oils Product Portfolio
7.10.3 Sinopec Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Sinopec Main Business and Markets Served
7.10.5 Sinopec Recent Developments/Updates
7.11 CNPC
7.11.1 CNPC Heavy Oils Company Information
7.11.2 CNPC Heavy Oils Product Portfolio
7.11.3 CNPC Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.11.4 CNPC Main Business and Markets Served
7.11.5 CNPC Recent Developments/Updates
7.12 CNOOC
7.12.1 CNOOC Heavy Oils Company Information
7.12.2 CNOOC Heavy Oils Product Portfolio
7.12.3 CNOOC Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.12.4 CNOOC Main Business and Markets Served
7.12.5 CNOOC Recent Developments/Updates
7.13 Kuwait Petroleum Corporation
7.13.1 Kuwait Petroleum Corporation Heavy Oils Company Information
7.13.2 Kuwait Petroleum Corporation Heavy Oils Product Portfolio
7.13.3 Kuwait Petroleum Corporation Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Kuwait Petroleum Corporation Main Business and Markets Served
7.13.5 Kuwait Petroleum Corporation Recent Developments/Updates
7.14 ConocoPhillips
7.14.1 ConocoPhillips Heavy Oils Company Information
7.14.2 ConocoPhillips Heavy Oils Product Portfolio
7.14.3 ConocoPhillips Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.14.4 ConocoPhillips Main Business and Markets Served
7.14.5 ConocoPhillips Recent Developments/Updates
7.15 BP
7.15.1 BP Heavy Oils Company Information
7.15.2 BP Heavy Oils Product Portfolio
7.15.3 BP Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.15.4 BP Main Business and Markets Served
7.15.5 BP Recent Developments/Updates
7.16 Suncor Energy
7.16.1 Suncor Energy Heavy Oils Company Information
7.16.2 Suncor Energy Heavy Oils Product Portfolio
7.16.3 Suncor Energy Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Suncor Energy Main Business and Markets Served
7.16.5 Suncor Energy Recent Developments/Updates
7.17 Wärtsilä
7.17.1 Wärtsilä Heavy Oils Company Information
7.17.2 Wärtsilä Heavy Oils Product Portfolio
7.17.3 Wärtsilä Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Wärtsilä Main Business and Markets Served
7.17.5 Wärtsilä Recent Developments/Updates
7.18 TotalEnergies
7.18.1 TotalEnergies Heavy Oils Company Information
7.18.2 TotalEnergies Heavy Oils Product Portfolio
7.18.3 TotalEnergies Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.18.4 TotalEnergies Main Business and Markets Served
7.18.5 TotalEnergies Recent Developments/Updates
7.19 Shell
7.19.1 Shell Heavy Oils Company Information
7.19.2 Shell Heavy Oils Product Portfolio
7.19.3 Shell Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Shell Main Business and Markets Served
7.19.5 Shell Recent Developments/Updates
7.20 Marathon Petroleum
7.20.1 Marathon Petroleum Heavy Oils Company Information
7.20.2 Marathon Petroleum Heavy Oils Product Portfolio
7.20.3 Marathon Petroleum Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.20.4 Marathon Petroleum Main Business and Markets Served
7.20.5 Marathon Petroleum Recent Developments/Updates
7.21 Qatar Petroleum
7.21.1 Qatar Petroleum Heavy Oils Company Information
7.21.2 Qatar Petroleum Heavy Oils Product Portfolio
7.21.3 Qatar Petroleum Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.21.4 Qatar Petroleum Main Business and Markets Served
7.21.5 Qatar Petroleum Recent Developments/Updates
7.22 Cepsa
7.22.1 Cepsa Heavy Oils Company Information
7.22.2 Cepsa Heavy Oils Product Portfolio
7.22.3 Cepsa Heavy Oils Production, Value, Price and Gross Margin (2019-2024)
7.22.4 Cepsa Main Business and Markets Served
7.22.5 Cepsa Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Heavy Oils Industry Chain Analysis
8.2 Heavy Oils Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Heavy Oils Production Mode & Process
8.4 Heavy Oils Sales and Marketing
8.4.1 Heavy Oils Sales Channels
8.4.2 Heavy Oils Distributors
8.5 Heavy Oils Customers
9 Heavy Oils Market Dynamics
9.1 Heavy Oils Industry Trends
9.2 Heavy Oils Market Drivers
9.3 Heavy Oils Market Challenges
9.4 Heavy Oils 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 Heavy Oils Market Value by Type, (US$ Million) & (2023 VS 2030)
 Table 2. Global Heavy Oils Market Value by Application, (US$ Million) & (2023 VS 2030)
 Table 3. Global Heavy Oils Production Capacity (Tons) by Manufacturers in 2023
 Table 4. Global Heavy Oils Production by Manufacturers (2019-2024) & (Tons)
 Table 5. Global Heavy Oils Production Market Share by Manufacturers (2019-2024)
 Table 6. Global Heavy Oils Production Value by Manufacturers (2019-2024) & (US$ Million)
 Table 7. Global Heavy Oils Production Value Share by Manufacturers (2019-2024)
 Table 8. Global Key Players of Heavy Oils, Industry Ranking, 2022 VS 2023
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Heavy Oils as of 2023)
 Table 10. Global Market Heavy Oils Average Price by Manufacturers (US$/Ton) & (2019-2024)
 Table 11. Global Key Manufacturers of Heavy Oils, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Heavy Oils, Product Offered and Application
 Table 13. Global Key Manufacturers of Heavy Oils, Date of Enter into This Industry
 Table 14. Global Heavy Oils Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Heavy Oils Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
 Table 17. Global Heavy Oils Production Value (US$ Million) by Region (2019-2024)
 Table 18. Global Heavy Oils Production Value Market Share by Region (2019-2024)
 Table 19. Global Heavy Oils Production Value (US$ Million) Forecast by Region (2025-2030)
 Table 20. Global Heavy Oils Production Value Market Share Forecast by Region (2025-2030)
 Table 21. Global Heavy Oils Production Comparison by Region: 2019 VS 2023 VS 2030 (Tons)
 Table 22. Global Heavy Oils Production (Tons) by Region (2019-2024)
 Table 23. Global Heavy Oils Production Market Share by Region (2019-2024)
 Table 24. Global Heavy Oils Production (Tons) Forecast by Region (2025-2030)
 Table 25. Global Heavy Oils Production Market Share Forecast by Region (2025-2030)
 Table 26. Global Heavy Oils Market Average Price (US$/Ton) by Region (2019-2024)
 Table 27. Global Heavy Oils Market Average Price (US$/Ton) by Region (2025-2030)
 Table 28. Global Heavy Oils Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (Tons)
 Table 29. Global Heavy Oils Consumption by Region (2019-2024) & (Tons)
 Table 30. Global Heavy Oils Consumption Market Share by Region (2019-2024)
 Table 31. Global Heavy Oils Forecasted Consumption by Region (2025-2030) & (Tons)
 Table 32. Global Heavy Oils Forecasted Consumption Market Share by Region (2019-2024)
 Table 33. North America Heavy Oils Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (Tons)
 Table 34. North America Heavy Oils Consumption by Country (2019-2024) & (Tons)
 Table 35. North America Heavy Oils Consumption by Country (2025-2030) & (Tons)
 Table 36. Europe Heavy Oils Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (Tons)
 Table 37. Europe Heavy Oils Consumption by Country (2019-2024) & (Tons)
 Table 38. Europe Heavy Oils Consumption by Country (2025-2030) & (Tons)
 Table 39. Asia Pacific Heavy Oils Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (Tons)
 Table 40. Asia Pacific Heavy Oils Consumption by Region (2019-2024) & (Tons)
 Table 41. Asia Pacific Heavy Oils Consumption by Region (2025-2030) & (Tons)
 Table 42. Latin America, Middle East & Africa Heavy Oils Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (Tons)
 Table 43. Latin America, Middle East & Africa Heavy Oils Consumption by Country (2019-2024) & (Tons)
 Table 44. Latin America, Middle East & Africa Heavy Oils Consumption by Country (2025-2030) & (Tons)
 Table 45. Global Heavy Oils Production (Tons) by Type (2019-2024)
 Table 46. Global Heavy Oils Production (Tons) by Type (2025-2030)
 Table 47. Global Heavy Oils Production Market Share by Type (2019-2024)
 Table 48. Global Heavy Oils Production Market Share by Type (2025-2030)
 Table 49. Global Heavy Oils Production Value (US$ Million) by Type (2019-2024)
 Table 50. Global Heavy Oils Production Value (US$ Million) by Type (2025-2030)
 Table 51. Global Heavy Oils Production Value Market Share by Type (2019-2024)
 Table 52. Global Heavy Oils Production Value Market Share by Type (2025-2030)
 Table 53. Global Heavy Oils Price (US$/Ton) by Type (2019-2024)
 Table 54. Global Heavy Oils Price (US$/Ton) by Type (2025-2030)
 Table 55. Global Heavy Oils Production (Tons) by Application (2019-2024)
 Table 56. Global Heavy Oils Production (Tons) by Application (2025-2030)
 Table 57. Global Heavy Oils Production Market Share by Application (2019-2024)
 Table 58. Global Heavy Oils Production Market Share by Application (2025-2030)
 Table 59. Global Heavy Oils Production Value (US$ Million) by Application (2019-2024)
 Table 60. Global Heavy Oils Production Value (US$ Million) by Application (2025-2030)
 Table 61. Global Heavy Oils Production Value Market Share by Application (2019-2024)
 Table 62. Global Heavy Oils Production Value Market Share by Application (2025-2030)
 Table 63. Global Heavy Oils Price (US$/Ton) by Application (2019-2024)
 Table 64. Global Heavy Oils Price (US$/Ton) by Application (2025-2030)
 Table 65. Schlumberger Heavy Oils Company Information
 Table 66. Schlumberger Heavy Oils Specification and Application
 Table 67. Schlumberger Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 68. Schlumberger Main Business and Markets Served
 Table 69. Schlumberger Recent Developments/Updates
 Table 70. Halliburton Heavy Oils Company Information
 Table 71. Halliburton Heavy Oils Specification and Application
 Table 72. Halliburton Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 73. Halliburton Main Business and Markets Served
 Table 74. Halliburton Recent Developments/Updates
 Table 75. Saudi Aramco Heavy Oils Company Information
 Table 76. Saudi Aramco Heavy Oils Specification and Application
 Table 77. Saudi Aramco Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 78. Saudi Aramco Main Business and Markets Served
 Table 79. Saudi Aramco Recent Developments/Updates
 Table 80. National Iranian Oil Company Heavy Oils Company Information
 Table 81. National Iranian Oil Company Heavy Oils Specification and Application
 Table 82. National Iranian Oil Company Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 83. National Iranian Oil Company Main Business and Markets Served
 Table 84. National Iranian Oil Company Recent Developments/Updates
 Table 85. Canadian Natural Resources Limited Heavy Oils Company Information
 Table 86. Canadian Natural Resources Limited Heavy Oils Specification and Application
 Table 87. Canadian Natural Resources Limited Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 88. Canadian Natural Resources Limited Main Business and Markets Served
 Table 89. Canadian Natural Resources Limited Recent Developments/Updates
 Table 90. ExxonMobil Heavy Oils Company Information
 Table 91. ExxonMobil Heavy Oils Specification and Application
 Table 92. ExxonMobil Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 93. ExxonMobil Main Business and Markets Served
 Table 94. ExxonMobil Recent Developments/Updates
 Table 95. Albemarle Heavy Oils Company Information
 Table 96. Albemarle Heavy Oils Specification and Application
 Table 97. Albemarle Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 98. Albemarle Main Business and Markets Served
 Table 99. Albemarle Recent Developments/Updates
 Table 100. Abu Dhabi National Oil Heavy Oils Company Information
 Table 101. Abu Dhabi National Oil Heavy Oils Specification and Application
 Table 102. Abu Dhabi National Oil Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 103. Abu Dhabi National Oil Main Business and Markets Served
 Table 104. Abu Dhabi National Oil Recent Developments/Updates
 Table 105. Husky Heavy Oils Company Information
 Table 106. Husky Heavy Oils Specification and Application
 Table 107. Husky Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 108. Husky Main Business and Markets Served
 Table 109. Husky Recent Developments/Updates
 Table 110. Sinopec Heavy Oils Company Information
 Table 111. Sinopec Heavy Oils Specification and Application
 Table 112. Sinopec Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 113. Sinopec Main Business and Markets Served
 Table 114. Sinopec Recent Developments/Updates
 Table 115. CNPC Heavy Oils Company Information
 Table 116. CNPC Heavy Oils Specification and Application
 Table 117. CNPC Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 118. CNPC Main Business and Markets Served
 Table 119. CNPC Recent Developments/Updates
 Table 120. CNOOC Heavy Oils Company Information
 Table 121. CNOOC Heavy Oils Specification and Application
 Table 122. CNOOC Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 123. CNOOC Main Business and Markets Served
 Table 124. CNOOC Recent Developments/Updates
 Table 125. Kuwait Petroleum Corporation Heavy Oils Company Information
 Table 126. Kuwait Petroleum Corporation Heavy Oils Specification and Application
 Table 127. Kuwait Petroleum Corporation Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 128. Kuwait Petroleum Corporation Main Business and Markets Served
 Table 129. Kuwait Petroleum Corporation Recent Developments/Updates
 Table 130. ConocoPhillips Heavy Oils Company Information
 Table 131. ConocoPhillips Heavy Oils Specification and Application
 Table 132. ConocoPhillips Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 133. ConocoPhillips Main Business and Markets Served
 Table 134. ConocoPhillips Recent Developments/Updates
 Table 135. BP Heavy Oils Company Information
 Table 136. BP Heavy Oils Specification and Application
 Table 137. BP Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 138. BP Main Business and Markets Served
 Table 139. BP Recent Developments/Updates
 Table 140. Suncor Energy Heavy Oils Company Information
 Table 141. Suncor Energy Heavy Oils Specification and Application
 Table 142. Suncor Energy Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 143. Suncor Energy Main Business and Markets Served
 Table 144. Suncor Energy Recent Developments/Updates
 Table 145. Wärtsilä Heavy Oils Company Information
 Table 146. Wärtsilä Heavy Oils Specification and Application
 Table 147. Wärtsilä Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 148. Wärtsilä Main Business and Markets Served
 Table 149. Wärtsilä Recent Developments/Updates
 Table 150. TotalEnergies Heavy Oils Company Information
 Table 151. TotalEnergies Heavy Oils Specification and Application
 Table 152. TotalEnergies Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 153. TotalEnergies Main Business and Markets Served
 Table 154. TotalEnergies Recent Developments/Updates
 Table 155. Shell Heavy Oils Company Information
 Table 156. Shell Heavy Oils Specification and Application
 Table 157. Shell Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 158. Shell Main Business and Markets Served
 Table 159. Shell Recent Developments/Updates
 Table 160. Marathon Petroleum Heavy Oils Company Information
 Table 161. Marathon Petroleum Heavy Oils Specification and Application
 Table 162. Marathon Petroleum Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 163. Marathon Petroleum Main Business and Markets Served
 Table 164. Marathon Petroleum Recent Developments/Updates
 Table 165. Qatar Petroleum Heavy Oils Company Information
 Table 166. Qatar Petroleum Heavy Oils Specification and Application
 Table 167. Qatar Petroleum Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 168. Qatar Petroleum Main Business and Markets Served
 Table 169. Qatar Petroleum Recent Developments/Updates
 Table 170. Cepsa Heavy Oils Company Information
 Table 171. Cepsa Heavy Oils Specification and Application
 Table 172. Cepsa Heavy Oils Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
 Table 173. Cepsa Main Business and Markets Served
 Table 174. Cepsa Recent Developments/Updates
 Table 175. Key Raw Materials Lists
 Table 176. Raw Materials Key Suppliers Lists
 Table 177. Heavy Oils Distributors List
 Table 178. Heavy Oils Customers List
 Table 179. Heavy Oils Market Trends
 Table 180. Heavy Oils Market Drivers
 Table 181. Heavy Oils Market Challenges
 Table 182. Heavy Oils Market Restraints
 Table 183. Research Programs/Design for This Report
 Table 184. Key Data Information from Secondary Sources
 Table 185. Key Data Information from Primary Sources
 Table 186. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Heavy Oils
 Figure 2. Global Heavy Oils Market Value by Type, (US$ Million) & (2023 VS 2030)
 Figure 3. Global Heavy Oils Market Share by Type: 2023 VS 2030
 Figure 4. Heavy Oils Product Picture
 Figure 5. Extra Heavy Oils Product Picture
 Figure 6. Global Heavy Oils Market Value by Application, (US$ Million) & (2023 VS 2030)
 Figure 7. Global Heavy Oils Market Share by Application: 2023 VS 2030
 Figure 8. Machinery & Equipment
 Figure 9. Aerospace
 Figure 10. Defense
 Figure 11. Shipbuilding Industry
 Figure 12. Others
 Figure 13. Global Heavy Oils Production Value (US$ Million), 2019 VS 2023 VS 2030
 Figure 14. Global Heavy Oils Production Value (US$ Million) & (2019-2030)
 Figure 15. Global Heavy Oils Production Capacity (Tons) & (2019-2030)
 Figure 16. Global Heavy Oils Production (Tons) & (2019-2030)
 Figure 17. Global Heavy Oils Average Price (US$/Ton) & (2019-2030)
 Figure 18. Heavy Oils Report Years Considered
 Figure 19. Heavy Oils Production Share by Manufacturers in 2023
 Figure 20. Heavy Oils Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
 Figure 21. The Global 5 and 10 Largest Players: Market Share by Heavy Oils Revenue in 2023
 Figure 22. Global Heavy Oils Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
 Figure 23. Global Heavy Oils Production Value Market Share by Region: 2019 VS 2023 VS 2030
 Figure 24. Global Heavy Oils Production Comparison by Region: 2019 VS 2023 VS 2030 (Tons)
 Figure 25. Global Heavy Oils Production Market Share by Region: 2019 VS 2023 VS 2030
 Figure 26. North America Heavy Oils Production Value (US$ Million) Growth Rate (2019-2030)
 Figure 27. Europe Heavy Oils Production Value (US$ Million) Growth Rate (2019-2030)
 Figure 28. China Heavy Oils Production Value (US$ Million) Growth Rate (2019-2030)
 Figure 29. Japan Heavy Oils Production Value (US$ Million) Growth Rate (2019-2030)
 Figure 30. Global Heavy Oils Consumption by Region: 2019 VS 2023 VS 2030 (Tons)
 Figure 31. Global Heavy Oils Consumption Market Share by Region: 2019 VS 2023 VS 2030
 Figure 32. North America Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 33. North America Heavy Oils Consumption Market Share by Country (2019-2030)
 Figure 34. U.S. Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 35. Canada Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 36. Europe Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 37. Europe Heavy Oils Consumption Market Share by Country (2019-2030)
 Figure 38. Germany Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 39. France Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 40. U.K. Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 41. Italy Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 42. Russia Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 43. Asia Pacific Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 44. Asia Pacific Heavy Oils Consumption Market Share by Region (2025-2030)
 Figure 45. China Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 46. Japan Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 47. South Korea Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 48. China Taiwan Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 49. Southeast Asia Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 50. India Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 51. Latin America, Middle East & Africa Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 52. Latin America, Middle East & Africa Heavy Oils Consumption Market Share by Country (2019-2030)
 Figure 53. Mexico Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 54. Brazil Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 55. Turkey Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 56. GCC Countries Heavy Oils Consumption and Growth Rate (2019-2030) & (Tons)
 Figure 57. Global Production Market Share of Heavy Oils by Type (2019-2030)
 Figure 58. Global Production Value Market Share of Heavy Oils by Type (2019-2030)
 Figure 59. Global Heavy Oils Price (US$/Ton) by Type (2019-2030)
 Figure 60. Global Production Market Share of Heavy Oils by Application (2019-2030)
 Figure 61. Global Production Value Market Share of Heavy Oils by Application (2019-2030)
 Figure 62. Global Heavy Oils Price (US$/Ton) by Application (2019-2030)
 Figure 63. Heavy Oils Value Chain
 Figure 64. Heavy Oils Production Process
 Figure 65. Channels of Distribution (Direct Vs Distribution)
 Figure 66. Bottom-up and Top-down Approaches for This Report
 Figure 67. Data Triangulation
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