Hydrocarbons & Petroleum Products · Direct
Monitoring · monthly
Procurement Category Intelligence

Marine Gas Oil

Overview
Market size
$145.0B
global, USD
CAGR
2.1%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
6
tracked players
Signals
12
6 high severity

Market outlook

2031$160.9B

What changed

Demand by region

Asia Pacific demand42%
Europe demand28%
North America demand18%
Middle East demand7%
Rest of world demand5%
share of global demandtotal 100%

Cost drivers

Crude oil feedstock55%
Refining and desulfurization margin20%
Barge logistics and terminaling fees12%
Port portage and administrative tariffs8%
Compliance and carbon emissions trading allowances5%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked