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Latin America Fuel Oil Market Size, Share, Price 2022-2027

Latin America Fuel Oil Market To Thrive During 2022-2027, Driven By Rising Product Consumption Across Various Industry Verticals

El nuevo estudio de Informes de Expertos titulado ‘Mercado Latinoamericano de Fuel Oil, Informe y Pronóstico 2022-2027′, analiza el mercado en base de tipo, aplicación y regiones clave. El informe evalúa las tendencias clave del mercado y los factores que conducen al crecimiento exitoso del mercado y examina la dinámica del mercado a través de indicadores de precio y demandas en desarrollo. También cubre las limitaciones de la industria y estudia su impacto en el mercado global, mientras analiza el mercado basado en los modelos SWOT y de las Cinco Fuerzas de Porter.

The new report by Informes de Expertos titled, ‘Latin America Fuel Oil Market 2022-2027’, analyses the market on the basis of type, application and key regions. The report assesses the key market trends and factors driving the successful growth of the market and examines the market dynamics through price indicators and developing demands. It also covers industry restraints and studies their impact on the global market, while analysing the market based on SWOT and Porter’s Five Forces models.

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Los aspectos más destacados del informe son:

Visión General del Mercado (2017-2027)

• CAGR del Periodo de Pronóstico (2022-2027): 3,90%

El mercado latinoamericano de fuel oil obtuvo un volumen de 0,54 MBPD en 2021. El creciente uso del gasóleo de calefacción, sobre todo en América Latina, está aumentando la demanda de fuel oil. Tanto los edificios comerciales como los residenciales utilizan mucho el petróleo en sus calderas y hornos. El aumento del consumo de energía de las centrales eléctricas, que se produce con la ayuda del fuel-oil, también está contribuyendo a impulsar la demanda de fuel-oil. Algunas limitaciones económicas son el aumento de los controles gubernamentales sobre la producción de crudo y la disminución de la producción durante los paros de Covid-19.

La industria del fuel oil se ve influida principalmente por la creciente demanda de crudo por parte de los clientes. El fuel es un subproducto del crudo que se obtiene tras la destilación. Por lo tanto, la producción de fueloil aumenta como consecuencia del incremento de la producción de crudo. La popularidad del fueloil sigue aumentando debido a la mayor necesidad de petróleo crudo, especialmente en América Latina, que se ve impulsada por las abundantes fuentes de petróleo de esquisto y la tecnología avanzada.

Además, países en crecimiento como México y Brasil están experimentando un aumento en la demanda. Las economías en expansión de estos países están generando industrias adicionales, lo que aumenta la necesidad de petróleo. La población está creciendo rápidamente, y tanto la urbanización como el crecimiento demográfico están apoyando la expansión.

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Industry Definition and Major Segments

Heavy oil, maritime fuel, and furnace oil are further names for fuel. Distillate oil and residual oil are the two primary categories that make up this portion of the oil that is created during the distillation process. Long chains of hydrocarbons, alkanes, cycloalkanes, and aromatics make up this substance, which has a variety of end applications in petrochemicals, agribusiness, residential construction, and power production.

Based on type, the market is categorised into:

• Heavy Fuel Oil
• Light Fuel Oil

By application, the market is divided into:

• Roads & Waterways Domestic
• Marine Bunkers
• Petrochemical
• Residential/Commercial/Agricultural
• Power Generation
• Other

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Chile
• Others

Market Trends

Many oils and gas (O&G) businesses are seeking to reinvent themselves as 2022 approaches by emphasizing on fiscal health, adopting asset discipline, tackling climate change, and changing business models. According to our poll, over two-thirds of O&G executives say they are extremely enthusiastic about the strategic changes made by their firms, which reflects the beneficial impact of such adjustments.

It can be accomplished by businesses that are tech-enabled, human-powered, have sensible interim objectives, and use innovative interaction and disclosure techniques. Other trends including M&A activity to gasoline retailing are anticipated to have an impact on the direction of the oil and gas sector during the forecast period.

Key Market Players

The major players in the market are:

• Exxon Mobil Corporation
• Royal Dutch Shell plc
• Petrobras
• BP Oil International Limited
• Chevron Corporation
• PJSC NK Rosneft
• Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us:

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Informes De Expertos
Contact Person: Irene Garcia, Corporate Sales Specialist – U.S.A.
Toll Free Number: +1 (818) 319-4060
Address: 30 North Gould Street, Sheridan, WY 82801, USA

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