Fuel Oil Market – Global Opportunities & Forecast, 2020–2027 - Gurgaon

Wednesday, 21 October, 2020

Item details

City: Gurgaon, Haryana
Offer type: Offer

Contacts

Contact name Gmi Research
Phone +353 1 442 8820

Item description

The rapid expansion in the transportation industry, along with the rising consumption level of fuel oil and increasing demand for building materials, are certain factors fuelling the growth of the fuel oil market globally. The drastic growth in the demand for energy due to the economic growth and rising energy demand across several industries will upsurge the demand for fuel oil during the forecast period. Furthermore, the increasing need for IMO regulations- based refinery, growing adoption of blockchain in the oil and gas industry, and the expanding seaborne trade across the globe, will accelerate the growth of the global fuel oil market. The fuel oil provides exceptional advantages such as high energy density, easy availability, better stability, and is non-explosive, increasing its efficiency and safety, thus encouraging the end-users to opt for fuel oil for improved productivity.

Visit: httpswww.gmiresearch.com/report/fuel-oil-market/