0
U.S. (TOLL FREE)
+1 (315) 215-3225
Automative

0
U.S. (TOLL FREE)
+1 (315) 215-3225
Global Heavy Residual Fuel Oil Market Research Report 2025
Published Date: February 2025
|
Report Code: QYRE-Auto-26J18673
Home | Market Reports | Business & Industrial| Energy & Utilities| Oil & Gas
Global Heavy Residual Fuel Oil Market Research Report 2025
BUY CHAPTERS

Global Heavy Residual Fuel Oil Market Research Report 2025

Code: QYRE-Auto-26J18673
Report
February 2025
Pages:115
QYResearch
Buy Now with 15% Discount
DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Heavy Residual Fuel Oil Market Size

The global market for Heavy 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.

Heavy Residual Fuel Oil Market

Heavy Residual Fuel Oil Market

Heavy residual fuel oil (HFO), also known as residual fuel oil or bunker fuel, is a viscous, high-sulfur fuel oil. It's a byproduct of the crude oil refining process, representing the heavier, less volatile fractions that remain after lighter components like gasoline and diesel are extracted. HFO is primarily used in large-scale applications such as power generation, industrial boilers, and marine transportation. While it's a relatively inexpensive fuel, it poses significant environmental concerns due to its high sulfur content, which contributes to air pollution.
The heavy residual fuel oil market is facing a downward trend due to increasingly stringent environmental regulations, particularly regarding sulfur emissions. The International Maritime Organization's (IMO) sulfur cap has significantly impacted the marine sector, forcing ships to switch to cleaner fuels or install scrubbers. This shift has reduced the demand for HFO in marine transportation. Similarly, power plants and industrial facilities are also under pressure to reduce their sulfur emissions, leading to a decrease in HFO usage. The trend is towards cleaner alternatives like natural gas, low-sulfur fuel oil (LSFO), and renewable energy sources. The development of more efficient combustion technologies and carbon capture and storage methods may also play a role in mitigating the environmental impact of HFO in the short term. However, the long-term outlook for HFO is bleak, with its use expected to continue declining as cleaner and more sustainable energy options become more readily available and cost-competitive. The refining industry is also adapting to this trend by investing in upgrading technologies to produce more valuable lighter fuels and reduce the output of HFO.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Heavy 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 Heavy Residual Fuel Oil.
The Heavy 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 Heavy 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 Heavy 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 Heavy Residual Fuel Oil Market Report

Report Metric Details
Report Name Heavy 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
by Application
  • Small Ship
  • Medium Ship
  • Large 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 Heavy 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 Heavy 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 Heavy 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 Heavy Residual Fuel Oil Market growing?

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

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

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

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

Ans: The main players in the Heavy 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 Heavy Residual Fuel Oil Market report?

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

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

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

Recommended Reports

Heavy Oil Markets

Marine & Bunker Fuels

Fuel Additives & Technology

1 Heavy Residual Fuel Oil Market Overview
1.1 Product Definition
1.2 Heavy Residual Fuel Oil by Type
1.2.1 Global Heavy 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 Heavy Residual Fuel Oil by Application
1.3.1 Global Heavy Residual Fuel Oil Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Small Ship
1.3.3 Medium Ship
1.3.4 Large Ship
1.4 Global Market Growth Prospects
1.4.1 Global Heavy Residual Fuel Oil Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Heavy Residual Fuel Oil Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Heavy Residual Fuel Oil Production Estimates and Forecasts (2020-2031)
1.4.4 Global Heavy Residual Fuel Oil Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Heavy Residual Fuel Oil Production Market Share by Manufacturers (2020-2025)
2.2 Global Heavy Residual Fuel Oil Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Heavy Residual Fuel Oil, Industry Ranking, 2023 VS 2024
2.4 Global Heavy Residual Fuel Oil Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Heavy Residual Fuel Oil Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Heavy Residual Fuel Oil, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Heavy Residual Fuel Oil, Product Offered and Application
2.8 Global Key Manufacturers of Heavy Residual Fuel Oil, Date of Enter into This Industry
2.9 Heavy Residual Fuel Oil Market Competitive Situation and Trends
2.9.1 Heavy Residual Fuel Oil Market Concentration Rate
2.9.2 Global 5 and 10 Largest Heavy Residual Fuel Oil Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Heavy Residual Fuel Oil Production by Region
3.1 Global Heavy Residual Fuel Oil Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Heavy Residual Fuel Oil Production Value by Region (2020-2031)
3.2.1 Global Heavy Residual Fuel Oil Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Heavy Residual Fuel Oil by Region (2026-2031)
3.3 Global Heavy Residual Fuel Oil Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Heavy Residual Fuel Oil Production Volume by Region (2020-2031)
3.4.1 Global Heavy Residual Fuel Oil Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Heavy Residual Fuel Oil by Region (2026-2031)
3.5 Global Heavy Residual Fuel Oil Market Price Analysis by Region (2020-2025)
3.6 Global Heavy Residual Fuel Oil Production and Value, Year-over-Year Growth
3.6.1 North America Heavy Residual Fuel Oil Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Heavy Residual Fuel Oil Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Heavy Residual Fuel Oil Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Heavy Residual Fuel Oil Production Value Estimates and Forecasts (2020-2031)
4 Heavy Residual Fuel Oil Consumption by Region
4.1 Global Heavy Residual Fuel Oil Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Heavy Residual Fuel Oil Consumption by Region (2020-2031)
4.2.1 Global Heavy Residual Fuel Oil Consumption by Region (2020-2025)
4.2.2 Global Heavy Residual Fuel Oil Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Heavy Residual Fuel Oil Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Heavy Residual Fuel Oil Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Heavy Residual Fuel Oil Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Heavy 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 Heavy Residual Fuel Oil Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Heavy 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 Heavy Residual Fuel Oil Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Heavy 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 Heavy Residual Fuel Oil Production by Type (2020-2031)
5.1.1 Global Heavy Residual Fuel Oil Production by Type (2020-2025)
5.1.2 Global Heavy Residual Fuel Oil Production by Type (2026-2031)
5.1.3 Global Heavy Residual Fuel Oil Production Market Share by Type (2020-2031)
5.2 Global Heavy Residual Fuel Oil Production Value by Type (2020-2031)
5.2.1 Global Heavy Residual Fuel Oil Production Value by Type (2020-2025)
5.2.2 Global Heavy Residual Fuel Oil Production Value by Type (2026-2031)
5.2.3 Global Heavy Residual Fuel Oil Production Value Market Share by Type (2020-2031)
5.3 Global Heavy Residual Fuel Oil Price by Type (2020-2031)
6 Segment by Application
6.1 Global Heavy Residual Fuel Oil Production by Application (2020-2031)
6.1.1 Global Heavy Residual Fuel Oil Production by Application (2020-2025)
6.1.2 Global Heavy Residual Fuel Oil Production by Application (2026-2031)
6.1.3 Global Heavy Residual Fuel Oil Production Market Share by Application (2020-2031)
6.2 Global Heavy Residual Fuel Oil Production Value by Application (2020-2031)
6.2.1 Global Heavy Residual Fuel Oil Production Value by Application (2020-2025)
6.2.2 Global Heavy Residual Fuel Oil Production Value by Application (2026-2031)
6.2.3 Global Heavy Residual Fuel Oil Production Value Market Share by Application (2020-2031)
6.3 Global Heavy Residual Fuel Oil Price by Application (2020-2031)
7 Key Companies Profiled
7.1 BP
7.1.1 BP Heavy Residual Fuel Oil Company Information
7.1.2 BP Heavy Residual Fuel Oil Product Portfolio
7.1.3 BP Heavy 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 Heavy Residual Fuel Oil Company Information
7.2.2 Exxon Mobil Heavy Residual Fuel Oil Product Portfolio
7.2.3 Exxon Mobil Heavy 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 Heavy Residual Fuel Oil Company Information
7.3.2 Chevron Heavy Residual Fuel Oil Product Portfolio
7.3.3 Chevron Heavy 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 Heavy Residual Fuel Oil Company Information
7.4.2 Royal Dutch Shell Heavy Residual Fuel Oil Product Portfolio
7.4.3 Royal Dutch Shell Heavy 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 Heavy Residual Fuel Oil Company Information
7.5.2 Sinopec Heavy Residual Fuel Oil Product Portfolio
7.5.3 Sinopec Heavy 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 Heavy Residual Fuel Oil Company Information
7.6.2 Petrobras Heavy Residual Fuel Oil Product Portfolio
7.6.3 Petrobras Heavy 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 Heavy Residual Fuel Oil Company Information
7.7.2 PetroChina Heavy Residual Fuel Oil Product Portfolio
7.7.3 PetroChina Heavy 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 Heavy Residual Fuel Oil Company Information
7.8.2 Indian Oil Heavy Residual Fuel Oil Product Portfolio
7.8.3 Indian Oil Heavy 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 Heavy Residual Fuel Oil Company Information
7.9.2 Shell Global Heavy Residual Fuel Oil Product Portfolio
7.9.3 Shell Global Heavy 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 Heavy Residual Fuel Oil Company Information
7.10.2 Orim Energy Heavy Residual Fuel Oil Product Portfolio
7.10.3 Orim Energy Heavy 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 Heavy Residual Fuel Oil Company Information
7.11.2 Bomin Group Heavy Residual Fuel Oil Product Portfolio
7.11.3 Bomin Group Heavy 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 Heavy Residual Fuel Oil Company Information
7.12.2 TotalEnergies Marine Fuels Heavy Residual Fuel Oil Product Portfolio
7.12.3 TotalEnergies Marine Fuels Heavy 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 Heavy Residual Fuel Oil Company Information
7.13.2 CEPSA Heavy Residual Fuel Oil Product Portfolio
7.13.3 CEPSA Heavy 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 Heavy Residual Fuel Oil Company Information
7.14.2 Stena Oil Heavy Residual Fuel Oil Product Portfolio
7.14.3 Stena Oil Heavy 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 Heavy Residual Fuel Oil Company Information
7.15.2 Qatar Petroleum Heavy Residual Fuel Oil Product Portfolio
7.15.3 Qatar Petroleum Heavy 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 Heavy Residual Fuel Oil Company Information
7.16.2 Monjasa Heavy Residual Fuel Oil Product Portfolio
7.16.3 Monjasa Heavy 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 Heavy Residual Fuel Oil Industry Chain Analysis
8.2 Heavy Residual Fuel Oil Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Heavy Residual Fuel Oil Production Mode & Process Analysis
8.4 Heavy Residual Fuel Oil Sales and Marketing
8.4.1 Heavy Residual Fuel Oil Sales Channels
8.4.2 Heavy Residual Fuel Oil Distributors
8.5 Heavy Residual Fuel Oil Customer Analysis
9 Heavy Residual Fuel Oil Market Dynamics
9.1 Heavy Residual Fuel Oil Industry Trends
9.2 Heavy Residual Fuel Oil Market Drivers
9.3 Heavy Residual Fuel Oil Market Challenges
9.4 Heavy 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 Heavy Residual Fuel Oil Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Heavy Residual Fuel Oil Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Heavy Residual Fuel Oil Production Capacity (Kilotons) by Manufacturers in 2024
 Table 4. Global Heavy Residual Fuel Oil Production by Manufacturers (2020-2025) & (Kilotons)
 Table 5. Global Heavy Residual Fuel Oil Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Heavy Residual Fuel Oil Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Heavy Residual Fuel Oil Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Heavy 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 Heavy Residual Fuel Oil as of 2024)
 Table 10. Global Market Heavy Residual Fuel Oil Average Price by Manufacturers (US$/Ton) & (2020-2025)
 Table 11. Global Key Manufacturers of Heavy Residual Fuel Oil, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Heavy Residual Fuel Oil, Product Offered and Application
 Table 13. Global Key Manufacturers of Heavy Residual Fuel Oil, Date of Enter into This Industry
 Table 14. Global Heavy Residual Fuel Oil Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Heavy Residual Fuel Oil Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Heavy Residual Fuel Oil Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Heavy Residual Fuel Oil Production Value Market Share by Region (2020-2025)
 Table 19. Global Heavy Residual Fuel Oil Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Heavy Residual Fuel Oil Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Heavy Residual Fuel Oil Production Comparison by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Table 22. Global Heavy Residual Fuel Oil Production (Kilotons) by Region (2020-2025)
 Table 23. Global Heavy Residual Fuel Oil Production Market Share by Region (2020-2025)
 Table 24. Global Heavy Residual Fuel Oil Production (Kilotons) Forecast by Region (2026-2031)
 Table 25. Global Heavy Residual Fuel Oil Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Heavy Residual Fuel Oil Market Average Price (US$/Ton) by Region (2020-2025)
 Table 27. Global Heavy Residual Fuel Oil Market Average Price (US$/Ton) by Region (2026-2031)
 Table 28. Global Heavy Residual Fuel Oil Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Table 29. Global Heavy Residual Fuel Oil Consumption by Region (2020-2025) & (Kilotons)
 Table 30. Global Heavy Residual Fuel Oil Consumption Market Share by Region (2020-2025)
 Table 31. Global Heavy Residual Fuel Oil Forecasted Consumption by Region (2026-2031) & (Kilotons)
 Table 32. Global Heavy Residual Fuel Oil Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Heavy Residual Fuel Oil Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Kilotons)
 Table 34. North America Heavy Residual Fuel Oil Consumption by Country (2020-2025) & (Kilotons)
 Table 35. North America Heavy Residual Fuel Oil Consumption by Country (2026-2031) & (Kilotons)
 Table 36. Europe Heavy Residual Fuel Oil Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Kilotons)
 Table 37. Europe Heavy Residual Fuel Oil Consumption by Country (2020-2025) & (Kilotons)
 Table 38. Europe Heavy Residual Fuel Oil Consumption by Country (2026-2031) & (Kilotons)
 Table 39. Asia Pacific Heavy Residual Fuel Oil Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Table 40. Asia Pacific Heavy Residual Fuel Oil Consumption by Region (2020-2025) & (Kilotons)
 Table 41. Asia Pacific Heavy Residual Fuel Oil Consumption by Region (2026-2031) & (Kilotons)
 Table 42. Latin America, Middle East & Africa Heavy Residual Fuel Oil Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Kilotons)
 Table 43. Latin America, Middle East & Africa Heavy Residual Fuel Oil Consumption by Country (2020-2025) & (Kilotons)
 Table 44. Latin America, Middle East & Africa Heavy Residual Fuel Oil Consumption by Country (2026-2031) & (Kilotons)
 Table 45. Global Heavy Residual Fuel Oil Production (Kilotons) by Type (2020-2025)
 Table 46. Global Heavy Residual Fuel Oil Production (Kilotons) by Type (2026-2031)
 Table 47. Global Heavy Residual Fuel Oil Production Market Share by Type (2020-2025)
 Table 48. Global Heavy Residual Fuel Oil Production Market Share by Type (2026-2031)
 Table 49. Global Heavy Residual Fuel Oil Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Heavy Residual Fuel Oil Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Heavy Residual Fuel Oil Production Value Market Share by Type (2020-2025)
 Table 52. Global Heavy Residual Fuel Oil Production Value Market Share by Type (2026-2031)
 Table 53. Global Heavy Residual Fuel Oil Price (US$/Ton) by Type (2020-2025)
 Table 54. Global Heavy Residual Fuel Oil Price (US$/Ton) by Type (2026-2031)
 Table 55. Global Heavy Residual Fuel Oil Production (Kilotons) by Application (2020-2025)
 Table 56. Global Heavy Residual Fuel Oil Production (Kilotons) by Application (2026-2031)
 Table 57. Global Heavy Residual Fuel Oil Production Market Share by Application (2020-2025)
 Table 58. Global Heavy Residual Fuel Oil Production Market Share by Application (2026-2031)
 Table 59. Global Heavy Residual Fuel Oil Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Heavy Residual Fuel Oil Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Heavy Residual Fuel Oil Production Value Market Share by Application (2020-2025)
 Table 62. Global Heavy Residual Fuel Oil Production Value Market Share by Application (2026-2031)
 Table 63. Global Heavy Residual Fuel Oil Price (US$/Ton) by Application (2020-2025)
 Table 64. Global Heavy Residual Fuel Oil Price (US$/Ton) by Application (2026-2031)
 Table 65. BP Heavy Residual Fuel Oil Company Information
 Table 66. BP Heavy Residual Fuel Oil Specification and Application
 Table 67. BP Heavy Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 68. BP Main Business and Markets Served
 Table 69. BP Recent Developments/Updates
 Table 70. Exxon Mobil Heavy Residual Fuel Oil Company Information
 Table 71. Exxon Mobil Heavy Residual Fuel Oil Specification and Application
 Table 72. Exxon Mobil Heavy Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 73. Exxon Mobil Main Business and Markets Served
 Table 74. Exxon Mobil Recent Developments/Updates
 Table 75. Chevron Heavy Residual Fuel Oil Company Information
 Table 76. Chevron Heavy Residual Fuel Oil Specification and Application
 Table 77. Chevron Heavy Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 78. Chevron Main Business and Markets Served
 Table 79. Chevron Recent Developments/Updates
 Table 80. Royal Dutch Shell Heavy Residual Fuel Oil Company Information
 Table 81. Royal Dutch Shell Heavy Residual Fuel Oil Specification and Application
 Table 82. Royal Dutch Shell Heavy Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 83. Royal Dutch Shell Main Business and Markets Served
 Table 84. Royal Dutch Shell Recent Developments/Updates
 Table 85. Sinopec Heavy Residual Fuel Oil Company Information
 Table 86. Sinopec Heavy Residual Fuel Oil Specification and Application
 Table 87. Sinopec Heavy Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 88. Sinopec Main Business and Markets Served
 Table 89. Sinopec Recent Developments/Updates
 Table 90. Petrobras Heavy Residual Fuel Oil Company Information
 Table 91. Petrobras Heavy Residual Fuel Oil Specification and Application
 Table 92. Petrobras Heavy Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 93. Petrobras Main Business and Markets Served
 Table 94. Petrobras Recent Developments/Updates
 Table 95. PetroChina Heavy Residual Fuel Oil Company Information
 Table 96. PetroChina Heavy Residual Fuel Oil Specification and Application
 Table 97. PetroChina Heavy Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 98. PetroChina Main Business and Markets Served
 Table 99. PetroChina Recent Developments/Updates
 Table 100. Indian Oil Heavy Residual Fuel Oil Company Information
 Table 101. Indian Oil Heavy Residual Fuel Oil Specification and Application
 Table 102. Indian Oil Heavy Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 103. Indian Oil Main Business and Markets Served
 Table 104. Indian Oil Recent Developments/Updates
 Table 105. Shell Global Heavy Residual Fuel Oil Company Information
 Table 106. Shell Global Heavy Residual Fuel Oil Specification and Application
 Table 107. Shell Global Heavy Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 108. Shell Global Main Business and Markets Served
 Table 109. Shell Global Recent Developments/Updates
 Table 110. Orim Energy Heavy Residual Fuel Oil Company Information
 Table 111. Orim Energy Heavy Residual Fuel Oil Specification and Application
 Table 112. Orim Energy Heavy Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 113. Orim Energy Main Business and Markets Served
 Table 114. Orim Energy Recent Developments/Updates
 Table 115. Bomin Group Heavy Residual Fuel Oil Company Information
 Table 116. Bomin Group Heavy Residual Fuel Oil Specification and Application
 Table 117. Bomin Group Heavy Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 118. Bomin Group Main Business and Markets Served
 Table 119. Bomin Group Recent Developments/Updates
 Table 120. TotalEnergies Marine Fuels Heavy Residual Fuel Oil Company Information
 Table 121. TotalEnergies Marine Fuels Heavy Residual Fuel Oil Specification and Application
 Table 122. TotalEnergies Marine Fuels Heavy Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 123. TotalEnergies Marine Fuels Main Business and Markets Served
 Table 124. TotalEnergies Marine Fuels Recent Developments/Updates
 Table 125. CEPSA Heavy Residual Fuel Oil Company Information
 Table 126. CEPSA Heavy Residual Fuel Oil Specification and Application
 Table 127. CEPSA Heavy Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 128. CEPSA Main Business and Markets Served
 Table 129. CEPSA Recent Developments/Updates
 Table 130. Stena Oil Heavy Residual Fuel Oil Company Information
 Table 131. Stena Oil Heavy Residual Fuel Oil Specification and Application
 Table 132. Stena Oil Heavy Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 133. Stena Oil Main Business and Markets Served
 Table 134. Stena Oil Recent Developments/Updates
 Table 135. Qatar Petroleum Heavy Residual Fuel Oil Company Information
 Table 136. Qatar Petroleum Heavy Residual Fuel Oil Specification and Application
 Table 137. Qatar Petroleum Heavy Residual Fuel Oil Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 138. Qatar Petroleum Main Business and Markets Served
 Table 139. Qatar Petroleum Recent Developments/Updates
 Table 140. Monjasa Heavy Residual Fuel Oil Company Information
 Table 141. Monjasa Heavy Residual Fuel Oil Specification and Application
 Table 142. Monjasa Heavy Residual Fuel Oil Production (Kilotons), Value (US$ 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. Heavy Residual Fuel Oil Distributors List
 Table 148. Heavy Residual Fuel Oil Customers List
 Table 149. Heavy Residual Fuel Oil Market Trends
 Table 150. Heavy Residual Fuel Oil Market Drivers
 Table 151. Heavy Residual Fuel Oil Market Challenges
 Table 152. Heavy 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 Heavy Residual Fuel Oil
 Figure 2. Global Heavy Residual Fuel Oil Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Heavy 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 Heavy Residual Fuel Oil Market Value by Application, (US$ Million) & (2020-2031)
 Figure 8. Global Heavy Residual Fuel Oil Market Share by Application: 2024 VS 2031
 Figure 9. Small Ship
 Figure 10. Medium Ship
 Figure 11. Large Ship
 Figure 12. Global Heavy Residual Fuel Oil Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 13. Global Heavy Residual Fuel Oil Production Value (US$ Million) & (2020-2031)
 Figure 14. Global Heavy Residual Fuel Oil Production Capacity (Kilotons) & (2020-2031)
 Figure 15. Global Heavy Residual Fuel Oil Production (Kilotons) & (2020-2031)
 Figure 16. Global Heavy Residual Fuel Oil Average Price (US$/Ton) & (2020-2031)
 Figure 17. Heavy Residual Fuel Oil Report Years Considered
 Figure 18. Heavy Residual Fuel Oil Production Share by Manufacturers in 2024
 Figure 19. Global Heavy Residual Fuel Oil Production Value Share by Manufacturers (2024)
 Figure 20. Heavy Residual Fuel Oil Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 21. The Global 5 and 10 Largest Players: Market Share by Heavy Residual Fuel Oil Revenue in 2024
 Figure 22. Global Heavy Residual Fuel Oil Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 23. Global Heavy Residual Fuel Oil Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 24. Global Heavy Residual Fuel Oil Production Comparison by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Figure 25. Global Heavy Residual Fuel Oil Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 26. North America Heavy Residual Fuel Oil Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 27. Europe Heavy Residual Fuel Oil Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 28. China Heavy Residual Fuel Oil Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. Japan Heavy Residual Fuel Oil Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. Global Heavy Residual Fuel Oil Consumption by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Figure 31. Global Heavy Residual Fuel Oil Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 32. North America Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 33. North America Heavy Residual Fuel Oil Consumption Market Share by Country (2020-2031)
 Figure 34. U.S. Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 35. Canada Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 36. Europe Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 37. Europe Heavy Residual Fuel Oil Consumption Market Share by Country (2020-2031)
 Figure 38. Germany Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 39. France Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 40. U.K. Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 41. Italy Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 42. Russia Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 43. Asia Pacific Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 44. Asia Pacific Heavy Residual Fuel Oil Consumption Market Share by Region (2020-2031)
 Figure 45. China Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 46. Japan Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 47. South Korea Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 48. China Taiwan Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 49. Southeast Asia Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 50. India Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 51. Latin America, Middle East & Africa Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 52. Latin America, Middle East & Africa Heavy Residual Fuel Oil Consumption Market Share by Country (2020-2031)
 Figure 53. Mexico Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 54. Brazil Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 55. Turkey Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 56. GCC Countries Heavy Residual Fuel Oil Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 57. Global Production Market Share of Heavy Residual Fuel Oil by Type (2020-2031)
 Figure 58. Global Production Value Market Share of Heavy Residual Fuel Oil by Type (2020-2031)
 Figure 59. Global Heavy Residual Fuel Oil Price (US$/Ton) by Type (2020-2031)
 Figure 60. Global Production Market Share of Heavy Residual Fuel Oil by Application (2020-2031)
 Figure 61. Global Production Value Market Share of Heavy Residual Fuel Oil by Application (2020-2031)
 Figure 62. Global Heavy Residual Fuel Oil Price (US$/Ton) by Application (2020-2031)
 Figure 63. Heavy 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
SELECT A FORMAT
Added to Cart
Electronic (PDF)

$2900

This license allows only one user to access the PDF.
Electronic (PDF)

$4350

This license allows 1 - 5 user to access the PDF, license is suitable for small groups of 5 users working together
Electronic (PDF)

$5800

This license allows users/teams in a same Enterprise to use this report, various departments within an enterpise can use this report
Add to Cart
Buy Now (15% Discount)

OUR CUSTOMER

Strategic Venue Partners