+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Fuel Oil Market - Global Forecast 2026-2032- Product Image
Fuel Oil Market - Global Forecast 2026-2032- Product Image
New

Fuel Oil Market - Global Forecast 2026-2032

  • PDF Icon

    Report

  • 186 Pages
  • January 2026
  • Region: Global
  • 360iResearch™
  • ID: 6016240
1h Free Analyst Time
Description Jump to:
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

Senior executives overseeing fuel oil operations are managing rapid sector transformation, requiring proactive responses to regulatory, technological, and logistical disruption. The fuel oil market now demands continuous reassessment of procurement, supply chain resilience, and compliance protocols for organizations prioritizing sustained value creation.

Market Snapshot: Fuel Oil Market Size and Growth

The Fuel Oil Market is projected to grow from USD 214.66 billion in 2025 to USD 228.37 billion in 2026, with a continued compound annual growth rate of 9.75%, reaching USD 411.77 billion by 2032. This robust upward trend corresponds with heightened regulatory requirements, new approaches to supply chain logistics, and increased technology integration across storage, distribution, and transaction points. Senior decision-makers must monitor these market shifts closely to position their organizations competitively.

Scope & Segmentation of the Fuel Oil Market

This report equips leaders with thorough analysis tailored for actionable enterprise strategies, clearly outlining key drivers, operational mandates, and risk management models aligned to current dynamics.

  • Fuel Types: Includes both Distillate Fuel Oil, valued for its stringent emissions compliance and premium handling needs, and Residual Fuel Oil, recognized for cost efficiencies most suitable to marine and heavy industrial consumers.
  • Distribution Channels: Covers traditional Offline routes such as retail stations and wholesale distributors, which enable immediate delivery, alongside Online Platforms that facilitate direct contracting and dynamic pricing structures.
  • End Users: Addresses Commercial and Industrial segments, Marine Bunkers (including bulk carriers, container ships, and tankers), as well as Power Generation and Residential users, each with unique procurement and supply requirements.
  • Regional Scope: Examines Americas, where policy evolution spurs fleet and logistics modernization; Europe, Middle East & Africa, reflecting a spectrum of regulatory and market conditions; and Asia-Pacific, which leads in maritime trade expansion, centralized refining operations, and robust industrial demand profiles.
  • Enabling Technologies: Identifies solutions like advanced blending techniques, low-sulfur fuel handling, digital contract analytics, and emissions reporting platforms, supporting compliance and transaction transparency throughout the market.

Key Takeaways for Fuel Oil Strategy and Risk

  • Emissions regulatory frameworks and advanced blending methods are prompting operational changes in both sourcing and contract design, emphasizing the need for real-time monitoring and scenario-based risk analysis.
  • Changes in logistics—including adjustments for emerging bunkering hubs and port capacity challenges—necessitate flexible supply planning and the adoption of innovative inventory management methods to safeguard uninterrupted operations.
  • Diverse end-user segment demands require tailored fuel and service offerings, especially for marine and industrial customers who prioritize assured supply, consistent quality, and compliance with delivery schedules.
  • Investment in logistics infrastructure and digital contract management tools increases organizational agility, allowing enterprises to respond promptly to potential supply chain interruptions and new policy requirements.
  • Enterprises are forging partnerships and alliances to deploy region-specific compliance solutions, developing modular service models that cater to geographically diverse customer expectations.
  • Strategic decision-making must account for long-term resilience by evaluating options such as asset modernization, integration of alternative fuel types, and cultivating robust supplier partnerships to address evolving market conditions.

Tariff Impact: Regulatory and Trade Shifts

Recent United States tariff measures have introduced additional cost and complexity across refining, logistics, and trading functions. These developments are driving adoption of longer-duration contracts, enhanced local inventory solutions, and refined sourcing practices. Companies are utilizing scenario-based planning and adaptive pricing initiatives to address potential margin pressures, while actively modifying supply routes and storage strategies to meet new regulatory expectations.

Methodology & Data Sources

The report integrates qualitative insights from executive and operational stakeholder interviews with comprehensive supply chain mapping. Secondary analysis is based on regulatory data, technical literature, and relevant trade flows. Scenario modeling is employed to verify and contextualize findings, ensuring practical value for strategic planning.

Why This Report Matters

  • Delivers up-to-date market intelligence that informs procurement, compliance, and operational decisions for senior leaders seeking clarity in a volatile environment.
  • Enables fast identification of regulatory and competitive risks, providing frameworks tailored for organizations operating in high-value fuel oil segments.
  • Supports precise segmentation and regionally-focused analysis, facilitating targeted approaches to market entry, partnership development, and investment strategy formulation.

Conclusion

The fuel oil market is undergoing significant evolution across regulatory, logistical, and commercial dimensions. Executives who capitalize on integrated market insights and promote adaptable, customer-focused models are best positioned to sustain competitive advantage amid ongoing uncertainty.

 

Additional Product Information:

  • Purchase of this report includes 1 year online access with quarterly updates.
  • This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Definition
1.3. Market Segmentation & Coverage
1.4. Years Considered for the Study
1.5. Currency Considered for the Study
1.6. Language Considered for the Study
1.7. Key Stakeholders
2. Research Methodology
2.1. Introduction
2.2. Research Design
2.2.1. Primary Research
2.2.2. Secondary Research
2.3. Research Framework
2.3.1. Qualitative Analysis
2.3.2. Quantitative Analysis
2.4. Market Size Estimation
2.4.1. Top-Down Approach
2.4.2. Bottom-Up Approach
2.5. Data Triangulation
2.6. Research Outcomes
2.7. Research Assumptions
2.8. Research Limitations
3. Executive Summary
3.1. Introduction
3.2. CXO Perspective
3.3. Market Size & Growth Trends
3.4. Market Share Analysis, 2025
3.5. FPNV Positioning Matrix, 2025
3.6. New Revenue Opportunities
3.7. Next-Generation Business Models
3.8. Industry Roadmap
4. Market Overview
4.1. Introduction
4.2. Industry Ecosystem & Value Chain Analysis
4.2.1. Supply-Side Analysis
4.2.2. Demand-Side Analysis
4.2.3. Stakeholder Analysis
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Market Outlook
4.5.1. Near-Term Market Outlook (0-2 Years)
4.5.2. Medium-Term Market Outlook (3-5 Years)
4.5.3. Long-Term Market Outlook (5-10 Years)
4.6. Go-to-Market Strategy
5. Market Insights
5.1. Consumer Insights & End-User Perspective
5.2. Consumer Experience Benchmarking
5.3. Opportunity Mapping
5.4. Distribution Channel Analysis
5.5. Pricing Trend Analysis
5.6. Regulatory Compliance & Standards Framework
5.7. ESG & Sustainability Analysis
5.8. Disruption & Risk Scenarios
5.9. Return on Investment & Cost-Benefit Analysis
6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025
8. Fuel Oil Market, by Fuel Type
8.1. Distillate Fuel Oil
8.2. Residual Fuel Oil
9. Fuel Oil Market, by Distribution Channel
9.1. Offline
9.1.1. Retail Fuel Stations
9.1.2. Wholesale Distributors
9.2. Online Platforms
9.2.1. Auction Sites
9.2.2. Original Equipment Manufacturer Contracts
10. Fuel Oil Market, by End User
10.1. Commercial
10.2. Industrial
10.3. Marine Bunkers
10.3.1. Bulk Carriers
10.3.2. Container Ships
10.3.3. Tankers
10.4. Power Generation
10.5. Residential
11. Fuel Oil Market, by Region
11.1. Americas
11.1.1. North America
11.1.2. Latin America
11.2. Europe, Middle East & Africa
11.2.1. Europe
11.2.2. Middle East
11.2.3. Africa
11.3. Asia-Pacific
12. Fuel Oil Market, by Group
12.1. ASEAN
12.2. GCC
12.3. European Union
12.4. BRICS
12.5. G7
12.6. NATO
13. Fuel Oil Market, by Country
13.1. United States
13.2. Canada
13.3. Mexico
13.4. Brazil
13.5. United Kingdom
13.6. Germany
13.7. France
13.8. Russia
13.9. Italy
13.10. Spain
13.11. China
13.12. India
13.13. Japan
13.14. Australia
13.15. South Korea
14. United States Fuel Oil Market
15. China Fuel Oil Market
16. Competitive Landscape
16.1. Market Concentration Analysis, 2025
16.1.1. Concentration Ratio (CR)
16.1.2. Herfindahl Hirschman Index (HHI)
16.2. Recent Developments & Impact Analysis, 2025
16.3. Product Portfolio Analysis, 2025
16.4. Benchmarking Analysis, 2025
16.5. BP p.l.c.
16.6. Chevron Corporation
16.7. China National Petroleum Corporation
16.8. China Petroleum & Chemical Corporation
16.9. Eni S.p.A.
16.10. Exxon Mobil Corporation
16.11. Indian Oil Corporation Ltd.
16.12. PetroChina Company Limited
16.13. Public Joint Stock Company Rosneft Oil Company
16.14. Royal Dutch Shell plc
16.15. Saudi Arabian Oil Company
16.16. TotalEnergies SE
List of Figures
FIGURE 1. GLOBAL FUEL OIL MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 2. GLOBAL FUEL OIL MARKET SHARE, BY KEY PLAYER, 2025
FIGURE 3. GLOBAL FUEL OIL MARKET, FPNV POSITIONING MATRIX, 2025
FIGURE 4. GLOBAL FUEL OIL MARKET SIZE, BY FUEL TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 5. GLOBAL FUEL OIL MARKET SIZE, BY DISTRIBUTION CHANNEL, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 6. GLOBAL FUEL OIL MARKET SIZE, BY END USER, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 7. GLOBAL FUEL OIL MARKET SIZE, BY REGION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 8. GLOBAL FUEL OIL MARKET SIZE, BY GROUP, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 9. GLOBAL FUEL OIL MARKET SIZE, BY COUNTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 10. UNITED STATES FUEL OIL MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 11. CHINA FUEL OIL MARKET SIZE, 2018-2032 (USD MILLION)
List of Tables
TABLE 1. GLOBAL FUEL OIL MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 2. GLOBAL FUEL OIL MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 3. GLOBAL FUEL OIL MARKET SIZE, BY DISTILLATE FUEL OIL, BY REGION, 2018-2032 (USD MILLION)
TABLE 4. GLOBAL FUEL OIL MARKET SIZE, BY DISTILLATE FUEL OIL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 5. GLOBAL FUEL OIL MARKET SIZE, BY DISTILLATE FUEL OIL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 6. GLOBAL FUEL OIL MARKET SIZE, BY RESIDUAL FUEL OIL, BY REGION, 2018-2032 (USD MILLION)
TABLE 7. GLOBAL FUEL OIL MARKET SIZE, BY RESIDUAL FUEL OIL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 8. GLOBAL FUEL OIL MARKET SIZE, BY RESIDUAL FUEL OIL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 9. GLOBAL FUEL OIL MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 10. GLOBAL FUEL OIL MARKET SIZE, BY OFFLINE, BY REGION, 2018-2032 (USD MILLION)
TABLE 11. GLOBAL FUEL OIL MARKET SIZE, BY OFFLINE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 12. GLOBAL FUEL OIL MARKET SIZE, BY OFFLINE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 13. GLOBAL FUEL OIL MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 14. GLOBAL FUEL OIL MARKET SIZE, BY RETAIL FUEL STATIONS, BY REGION, 2018-2032 (USD MILLION)
TABLE 15. GLOBAL FUEL OIL MARKET SIZE, BY RETAIL FUEL STATIONS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 16. GLOBAL FUEL OIL MARKET SIZE, BY RETAIL FUEL STATIONS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 17. GLOBAL FUEL OIL MARKET SIZE, BY WHOLESALE DISTRIBUTORS, BY REGION, 2018-2032 (USD MILLION)
TABLE 18. GLOBAL FUEL OIL MARKET SIZE, BY WHOLESALE DISTRIBUTORS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 19. GLOBAL FUEL OIL MARKET SIZE, BY WHOLESALE DISTRIBUTORS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 20. GLOBAL FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, BY REGION, 2018-2032 (USD MILLION)
TABLE 21. GLOBAL FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 22. GLOBAL FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 23. GLOBAL FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, 2018-2032 (USD MILLION)
TABLE 24. GLOBAL FUEL OIL MARKET SIZE, BY AUCTION SITES, BY REGION, 2018-2032 (USD MILLION)
TABLE 25. GLOBAL FUEL OIL MARKET SIZE, BY AUCTION SITES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 26. GLOBAL FUEL OIL MARKET SIZE, BY AUCTION SITES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 27. GLOBAL FUEL OIL MARKET SIZE, BY ORIGINAL EQUIPMENT MANUFACTURER CONTRACTS, BY REGION, 2018-2032 (USD MILLION)
TABLE 28. GLOBAL FUEL OIL MARKET SIZE, BY ORIGINAL EQUIPMENT MANUFACTURER CONTRACTS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 29. GLOBAL FUEL OIL MARKET SIZE, BY ORIGINAL EQUIPMENT MANUFACTURER CONTRACTS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 30. GLOBAL FUEL OIL MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 31. GLOBAL FUEL OIL MARKET SIZE, BY COMMERCIAL, BY REGION, 2018-2032 (USD MILLION)
TABLE 32. GLOBAL FUEL OIL MARKET SIZE, BY COMMERCIAL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 33. GLOBAL FUEL OIL MARKET SIZE, BY COMMERCIAL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 34. GLOBAL FUEL OIL MARKET SIZE, BY INDUSTRIAL, BY REGION, 2018-2032 (USD MILLION)
TABLE 35. GLOBAL FUEL OIL MARKET SIZE, BY INDUSTRIAL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 36. GLOBAL FUEL OIL MARKET SIZE, BY INDUSTRIAL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 37. GLOBAL FUEL OIL MARKET SIZE, BY MARINE BUNKERS, BY REGION, 2018-2032 (USD MILLION)
TABLE 38. GLOBAL FUEL OIL MARKET SIZE, BY MARINE BUNKERS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 39. GLOBAL FUEL OIL MARKET SIZE, BY MARINE BUNKERS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 40. GLOBAL FUEL OIL MARKET SIZE, BY MARINE BUNKERS, 2018-2032 (USD MILLION)
TABLE 41. GLOBAL FUEL OIL MARKET SIZE, BY BULK CARRIERS, BY REGION, 2018-2032 (USD MILLION)
TABLE 42. GLOBAL FUEL OIL MARKET SIZE, BY BULK CARRIERS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 43. GLOBAL FUEL OIL MARKET SIZE, BY BULK CARRIERS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 44. GLOBAL FUEL OIL MARKET SIZE, BY CONTAINER SHIPS, BY REGION, 2018-2032 (USD MILLION)
TABLE 45. GLOBAL FUEL OIL MARKET SIZE, BY CONTAINER SHIPS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 46. GLOBAL FUEL OIL MARKET SIZE, BY CONTAINER SHIPS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 47. GLOBAL FUEL OIL MARKET SIZE, BY TANKERS, BY REGION, 2018-2032 (USD MILLION)
TABLE 48. GLOBAL FUEL OIL MARKET SIZE, BY TANKERS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 49. GLOBAL FUEL OIL MARKET SIZE, BY TANKERS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 50. GLOBAL FUEL OIL MARKET SIZE, BY POWER GENERATION, BY REGION, 2018-2032 (USD MILLION)
TABLE 51. GLOBAL FUEL OIL MARKET SIZE, BY POWER GENERATION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 52. GLOBAL FUEL OIL MARKET SIZE, BY POWER GENERATION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 53. GLOBAL FUEL OIL MARKET SIZE, BY RESIDENTIAL, BY REGION, 2018-2032 (USD MILLION)
TABLE 54. GLOBAL FUEL OIL MARKET SIZE, BY RESIDENTIAL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 55. GLOBAL FUEL OIL MARKET SIZE, BY RESIDENTIAL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 56. GLOBAL FUEL OIL MARKET SIZE, BY REGION, 2018-2032 (USD MILLION)
TABLE 57. AMERICAS FUEL OIL MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 58. AMERICAS FUEL OIL MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 59. AMERICAS FUEL OIL MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 60. AMERICAS FUEL OIL MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 61. AMERICAS FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, 2018-2032 (USD MILLION)
TABLE 62. AMERICAS FUEL OIL MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 63. AMERICAS FUEL OIL MARKET SIZE, BY MARINE BUNKERS, 2018-2032 (USD MILLION)
TABLE 64. NORTH AMERICA FUEL OIL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 65. NORTH AMERICA FUEL OIL MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 66. NORTH AMERICA FUEL OIL MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 67. NORTH AMERICA FUEL OIL MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 68. NORTH AMERICA FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, 2018-2032 (USD MILLION)
TABLE 69. NORTH AMERICA FUEL OIL MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 70. NORTH AMERICA FUEL OIL MARKET SIZE, BY MARINE BUNKERS, 2018-2032 (USD MILLION)
TABLE 71. LATIN AMERICA FUEL OIL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 72. LATIN AMERICA FUEL OIL MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 73. LATIN AMERICA FUEL OIL MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 74. LATIN AMERICA FUEL OIL MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 75. LATIN AMERICA FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, 2018-2032 (USD MILLION)
TABLE 76. LATIN AMERICA FUEL OIL MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 77. LATIN AMERICA FUEL OIL MARKET SIZE, BY MARINE BUNKERS, 2018-2032 (USD MILLION)
TABLE 78. EUROPE, MIDDLE EAST & AFRICA FUEL OIL MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 79. EUROPE, MIDDLE EAST & AFRICA FUEL OIL MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 80. EUROPE, MIDDLE EAST & AFRICA FUEL OIL MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 81. EUROPE, MIDDLE EAST & AFRICA FUEL OIL MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 82. EUROPE, MIDDLE EAST & AFRICA FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, 2018-2032 (USD MILLION)
TABLE 83. EUROPE, MIDDLE EAST & AFRICA FUEL OIL MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 84. EUROPE, MIDDLE EAST & AFRICA FUEL OIL MARKET SIZE, BY MARINE BUNKERS, 2018-2032 (USD MILLION)
TABLE 85. EUROPE FUEL OIL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 86. EUROPE FUEL OIL MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 87. EUROPE FUEL OIL MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 88. EUROPE FUEL OIL MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 89. EUROPE FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, 2018-2032 (USD MILLION)
TABLE 90. EUROPE FUEL OIL MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 91. EUROPE FUEL OIL MARKET SIZE, BY MARINE BUNKERS, 2018-2032 (USD MILLION)
TABLE 92. MIDDLE EAST FUEL OIL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 93. MIDDLE EAST FUEL OIL MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 94. MIDDLE EAST FUEL OIL MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 95. MIDDLE EAST FUEL OIL MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 96. MIDDLE EAST FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, 2018-2032 (USD MILLION)
TABLE 97. MIDDLE EAST FUEL OIL MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 98. MIDDLE EAST FUEL OIL MARKET SIZE, BY MARINE BUNKERS, 2018-2032 (USD MILLION)
TABLE 99. AFRICA FUEL OIL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 100. AFRICA FUEL OIL MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 101. AFRICA FUEL OIL MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 102. AFRICA FUEL OIL MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 103. AFRICA FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, 2018-2032 (USD MILLION)
TABLE 104. AFRICA FUEL OIL MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 105. AFRICA FUEL OIL MARKET SIZE, BY MARINE BUNKERS, 2018-2032 (USD MILLION)
TABLE 106. ASIA-PACIFIC FUEL OIL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 107. ASIA-PACIFIC FUEL OIL MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 108. ASIA-PACIFIC FUEL OIL MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 109. ASIA-PACIFIC FUEL OIL MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 110. ASIA-PACIFIC FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, 2018-2032 (USD MILLION)
TABLE 111. ASIA-PACIFIC FUEL OIL MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 112. ASIA-PACIFIC FUEL OIL MARKET SIZE, BY MARINE BUNKERS, 2018-2032 (USD MILLION)
TABLE 113. GLOBAL FUEL OIL MARKET SIZE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 114. ASEAN FUEL OIL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 115. ASEAN FUEL OIL MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 116. ASEAN FUEL OIL MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 117. ASEAN FUEL OIL MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 118. ASEAN FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, 2018-2032 (USD MILLION)
TABLE 119. ASEAN FUEL OIL MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 120. ASEAN FUEL OIL MARKET SIZE, BY MARINE BUNKERS, 2018-2032 (USD MILLION)
TABLE 121. GCC FUEL OIL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 122. GCC FUEL OIL MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 123. GCC FUEL OIL MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 124. GCC FUEL OIL MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 125. GCC FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, 2018-2032 (USD MILLION)
TABLE 126. GCC FUEL OIL MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 127. GCC FUEL OIL MARKET SIZE, BY MARINE BUNKERS, 2018-2032 (USD MILLION)
TABLE 128. EUROPEAN UNION FUEL OIL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 129. EUROPEAN UNION FUEL OIL MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 130. EUROPEAN UNION FUEL OIL MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 131. EUROPEAN UNION FUEL OIL MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 132. EUROPEAN UNION FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, 2018-2032 (USD MILLION)
TABLE 133. EUROPEAN UNION FUEL OIL MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 134. EUROPEAN UNION FUEL OIL MARKET SIZE, BY MARINE BUNKERS, 2018-2032 (USD MILLION)
TABLE 135. BRICS FUEL OIL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 136. BRICS FUEL OIL MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 137. BRICS FUEL OIL MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 138. BRICS FUEL OIL MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 139. BRICS FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, 2018-2032 (USD MILLION)
TABLE 140. BRICS FUEL OIL MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 141. BRICS FUEL OIL MARKET SIZE, BY MARINE BUNKERS, 2018-2032 (USD MILLION)
TABLE 142. G7 FUEL OIL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 143. G7 FUEL OIL MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 144. G7 FUEL OIL MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 145. G7 FUEL OIL MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 146. G7 FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, 2018-2032 (USD MILLION)
TABLE 147. G7 FUEL OIL MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 148. G7 FUEL OIL MARKET SIZE, BY MARINE BUNKERS, 2018-2032 (USD MILLION)
TABLE 149. NATO FUEL OIL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 150. NATO FUEL OIL MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 151. NATO FUEL OIL MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 152. NATO FUEL OIL MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 153. NATO FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, 2018-2032 (USD MILLION)
TABLE 154. NATO FUEL OIL MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 155. NATO FUEL OIL MARKET SIZE, BY MARINE BUNKERS, 2018-2032 (USD MILLION)
TABLE 156. GLOBAL FUEL OIL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 157. UNITED STATES FUEL OIL MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 158. UNITED STATES FUEL OIL MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 159. UNITED STATES FUEL OIL MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 160. UNITED STATES FUEL OIL MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 161. UNITED STATES FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, 2018-2032 (USD MILLION)
TABLE 162. UNITED STATES FUEL OIL MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 163. UNITED STATES FUEL OIL MARKET SIZE, BY MARINE BUNKERS, 2018-2032 (USD MILLION)
TABLE 164. CHINA FUEL OIL MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 165. CHINA FUEL OIL MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 166. CHINA FUEL OIL MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 167. CHINA FUEL OIL MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 168. CHINA FUEL OIL MARKET SIZE, BY ONLINE PLATFORMS, 2018-2032 (USD MILLION)
TABLE 169. CHINA FUEL OIL MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 170. CHINA FUEL OIL MARKET SIZE, BY MARINE BUNKERS, 2018-2032 (USD MILLION)

Companies Mentioned

  • BP p.l.c.
  • Chevron Corporation
  • China National Petroleum Corporation
  • China Petroleum & Chemical Corporation
  • Eni S.p.A.
  • Exxon Mobil Corporation
  • Indian Oil Corporation Ltd.
  • PetroChina Company Limited
  • Public Joint Stock Company Rosneft Oil Company
  • Royal Dutch Shell plc
  • Saudi Arabian Oil Company
  • TotalEnergies SE

Table Information

Report AttributeDetails
No. of Pages186
PublishedJanuary 2026
Forecast Period2026 - 2032
Estimated Market Value ( USD ) in 2026 $ 228.37 Billion
Forecasted Market Value ( USD ) by 2032 $ 411.77 Billion
Compound Annual Growth Rate9.7%
Regions CoveredGlobal
No. of Companies Mentioned12

Related Topics

Related Reports

Very Low Sulphur Fuel Oil Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031 - Product Image

Very Low Sulphur Fuel Oil Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031

  • Report
  • 185 Pages
  • Global
From
Bunker Fuel Oil Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type - Product Image

Bunker Fuel Oil Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type

  • Report
  • 89 Pages
  • Global
From
Very Low Sulphur Fuel Oil - Global Strategic Business Report - Product Image

Very Low Sulphur Fuel Oil - Global Strategic Business Report

  • Report
  • 375 Pages
  • Global
From
Fuel Oil Deodorant Market - Global Forecast to 2030 - Product Image

Fuel Oil Deodorant Market - Global Forecast to 2030

  • Report
  • 198 Pages
  • Global
From
Fuel Oil Market Report 2025 - Product Image

Fuel Oil Market Report 2025

  • Report
  • 250 Pages
  • Global
From

About the Fuel Oil Market

The Fuel Oil market is a subset of the Fossil Fuels industry, which includes coal, natural gas, and petroleum. Fuel Oil is a type of petroleum product that is used for heating, industrial processes, and transportation. It is a liquid fuel derived from crude oil and is composed of hydrocarbons, which are molecules made up of hydrogen and carbon atoms. Fuel Oil is typically divided into two categories: distillate fuel oil and residual fuel oil. Distillate fuel oil is a light fuel oil that is used in diesel engines, while residual fuel oil is a heavier fuel oil that is used in boilers and furnaces. The Fuel Oil market is highly competitive, with many companies offering a variety of products and services. Some of the major players in the market include BP, Chevron, ExxonMobil, Shell, Total, and Valero. These companies are involved in the production, refining, and distribution of Fuel Oil, as well as providing related services such as storage and transportation. Show Less Read more

Copyright © 2002-2026 Research and Markets. All Rights Reserved.