Fr. Mrz 29th, 2024

The latest market report published by Credence Research, Inc. “Gas Oil Market, By Geography- Growth, Future Prospects, and Competitive Analysis, 2016 – 2030,” the global Gas Oil market was valued at US$ 580.9 Bn in 2016, and is expected to reach US$ 1050.8 Bn by 2030, expanding at a CAGR of 4.3% from 2016 to 2030.

Browse the full Gas Oil Market report at https://www.credenceresearch.com/report/gas-oil-market

Market Insights

The global gas oil market is projected to witness significant growth over the forecast period. The growing use of gas oil in commercial and domestic vehicles coupled with an increasing array of applications of gas oil in railways, international bunkers, and marine fuel is anticipated to drive the demand for gas oil over the forecast period. Further, Gas oil is also used in industries for various applications such as power generation or as a fuel in boilers, machinery and other applications expected to fuel the demand for gas oil over the forecast period. Growth in disposable income along with an increasing number of the vehicle especially in the Asia Pacific is expected to upsurge the demand for gas oil during the forecast period.

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However, growing environmental concerns over the emission of greenhouse gases influencing government to impose regulatory guidelines for the use of gas oil which in turn is expected to restrain the demand for gas oil. Moreover, volatile oil prices of crude oil influencing the prices for gas oil which in turn is expected to restrain the growth of the global gas oil market during the forecast period (2016-2030).

By Geography, Asia Pacific was the most dominant region in 2015 and anticipated to continue its dominance over the forecast period. The segment is also projected to witness the fastest growth during the forecast period. Followed by it, Europe is was the second largest market in the global gas oil market. Increasing consumption of gas oil in Germany, France, and the U.K. is anticipated to drive the demand of gas oil in the region over the forecast period (2016-2030).

Considering the competition, the global gas oil market is expected to witness a significant rise in investment in capacity expansion for the production and supply of gas oil. Further, the market has witnessed strategic mergers and collaborations among gas oil regional and global players. Such growth strategies are focused on increasing their market penetration in key consuming economies.

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Table of Content

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Gas Oil Market Snapshot
2.1.1. Global Gas Oil Market by Grade, 2015
2.1.2. Global Gas Oil Market by Geography, 2015
2.1.3. Key Players
2.1.4. Drivers, Restraints & Future Prospects

3. Global Gas Oil Market Dynamics
3.1. Market Overview
3.1.1. Market Definition
3.1.2. Market Size & Forecast, 2011-2030
3.2. Drivers
3.3. Challenges
3.4. Future Prospects
3.5. Impact Analysis of Drivers and Challenges

4. Global Gas Oil Market Size (Mn Tons) (US$ Bn), By Grade, 2011 – 2030
4.1. Overview
4.1.1. Market Share Analysis by Grade, 2015 vs. 2024
4.1.2. Attractive Investment Proposition by Grade
4.2. Euro II Grade
4.3. Euro III & Euro IV Grade
4.4. Euro V & Above Grade

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Chris Smith
Credence Research

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https://www.credenceresearch.com/report/gas-oil-market

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