Marine Gasoil (MGO) Market
Marine Gasoil (MGO) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
Request Sample Report
Marine Gasoil (MGO) Market Size and Growth
The Marine Gasoil (MGO) market is experiencing robust growth, driven by increasing shipping activities and stringent regulatory environments. The global market size is projected to reach approximately USD 15 billion by 2025, reflecting a CAGR of around 5%. Key trends include the shift towards environmentally compliant fuels and fluctuating oil prices. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ ExxonMobil
◍ Total
◍ Shell
◍ Petrogulf Oil Manufacturing
◍ Engen
The Marine Gasoil (MGO) market is competitive, with key players like ExxonMobil, Total, Shell, Petrogulf Oil Manufacturing, and Engen driving growth through supply chain efficiency and innovation. These companies enhance market dynamics with strategic partnerships and expanded product offerings, contributing to increased sales and consumption in the MGO sector.
- ExxonMobil: $413.2 billion revenue
- Total: $193 billion revenue
- Shell: $368.6 billion revenue
- Engen: Approx. $12 billion revenue (varies by year)
- Petrogulf: Specific revenue not publicly available.
Request Sample Report
Market Segmentation
By Application
Cargo Ships
Container Ships
Bulk Carriers
Other
Request Sample Report
By Product
Market Growth
Request Sample Report
$ X Billion USD
