For this reason, today the term ultra-low sulfur fuel oil usually refers not to desulfurized heavy fuel oils, but to marine gasoil, which is already low in sulfur. It is composed exclusively of distillates and has a sulfur content of under 0.1%. This marine fuel is also known as ultra-low marine gasoil.
The global market for Ultra Low Sulphur Fuel Oil (ULSFO) is estimated to increase from US$ million in 2021 to reach US$ million by 2028, exhibiting a CAGR of % during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
The APAC Ultra Low Sulphur Fuel Oil (ULSFO) market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
The United States Ultra Low Sulphur Fuel Oil (ULSFO) market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
The Europe Ultra Low Sulphur Fuel Oil (ULSFO) market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
The China Ultra Low Sulphur Fuel Oil (ULSFO) market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
Global key Ultra Low Sulphur Fuel Oil (ULSFO) players cover Shell Global, Orim Energy, Bomin Group, TotalEnergies Marine Fuels and CEPSA, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
Report Coverage
This latest report provides a deep insight into the global Ultra Low Sulphur Fuel Oil (ULSFO) market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Ultra Low Sulphur Fuel Oil (ULSFO) market, with both quantitative and qualitative data, to help readers understand how the Ultra Low Sulphur Fuel Oil (ULSFO) market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in Tons.
Market Segmentation:
The study segments the Ultra Low Sulphur Fuel Oil (ULSFO) market and forecasts the market size by Type (Heavy Fuel Oil and Light Fuel Oil,), by Application (Small Oceangoing Ships, Medium Oceangoing Ships and Large and Very Large Oceangoing Ships,), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by type
Heavy Fuel Oil
Light Fuel Oil
Segmentation by application
Small Oceangoing Ships
Medium Oceangoing Ships
Large and Very Large Oceangoing Ships
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
Shell Global
Orim Energy
Bomin Group
TotalEnergies Marine Fuels
CEPSA
Stena Oil
Qatar Petroleum
Monjasa
Chapter Introduction
Chapter 1: Scope of Ultra Low Sulphur Fuel Oil (ULSFO), Research Methodology, etc.
Chapter 2: Executive Summary, global Ultra Low Sulphur Fuel Oil (ULSFO) market size (sales and revenue) and CAGR, Ultra Low Sulphur Fuel Oil (ULSFO) market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Ultra Low Sulphur Fuel Oil (ULSFO) sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Ultra Low Sulphur Fuel Oil (ULSFO) sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Ultra Low Sulphur Fuel Oil (ULSFO) market size forecast by region, by country, by type, and application.
Chapter 13: Comprehensive company profiles of the leading players, including Shell Global, Orim Energy, Bomin Group, TotalEnergies Marine Fuels, CEPSA, Stena Oil, Qatar Petroleum and Monjasa, etc.
Chapter 14: Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Ultra Low Sulphur Fuel Oil (ULSFO). Industry analysis & Market Report on Ultra Low Sulphur Fuel Oil (ULSFO) is a syndicated market report, published as Global Ultra Low Sulphur Fuel Oil (ULSFO) Market Growth 2022-2028. It is complete Research Study and Industry Analysis of Ultra Low Sulphur Fuel Oil (ULSFO) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.