Heavy crude oil is highly viscous oil that cannot easily flow from production wells under normal reservoir conditions. It is referred to as "heavy" because its density or specific gravity is higher than that of light crude oil. Heavy crude oil has been defined as any liquid petroleum with an API gravity less than 20°.
According to our (Global Info Research) latest study, the global Heavy Crude Oils market size was valued at US$ million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of %during review period.
This report is a detailed and comprehensive analysis for global Heavy Crude Oils market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Heavy Crude Oils market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2019-2030
Global Heavy Crude Oils market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2019-2030
Global Heavy Crude Oils market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2019-2030
Global Heavy Crude Oils market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Heavy Crude Oils
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Heavy Crude Oils market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Saudi Aramco, National Iranian Oil Company, ExxonMobil, Chevron Corporation, CNPC, Sinopec Group, CNOOC, Sinochem Holdings, CEFC, Yanchang Petroleum, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Heavy Crude Oils market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Sulfur Content Above 1%
Sulfur Content Below 1%
Market segment by Application
Petroleum refining
Chemical Industry
Energy Production
Transportation
Others
Major players covered
Saudi Aramco
National Iranian Oil Company
ExxonMobil
Chevron Corporation
CNPC
Sinopec Group
CNOOC
Sinochem Holdings
CEFC
Yanchang Petroleum
Canadian Natural Resources Limited
Iraq National Oil Company
Abu Dhabi National Oil Company
ConocoPhillips
BP
Suncor Energy
Kuwait Petroleum Corporation
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Heavy Crude Oils product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Heavy Crude Oils, with price, sales quantity, revenue, and global market share of Heavy Crude Oils from 2019 to 2024.
Chapter 3, the Heavy Crude Oils competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Heavy Crude Oils breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Heavy Crude Oils market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Heavy Crude Oils.
Chapter 14 and 15, to describe Heavy Crude Oils sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Heavy Crude Oils. Industry analysis & Market Report on Heavy Crude Oils is a syndicated market report, published as Global Heavy Crude Oils Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Heavy Crude Oils market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.