The global market for fuel oil has been examined in a recent market research report by Transparency Market Research. The report, titled “Fuel Oil Market - Global Industry Size, Share, Trends, Analysis, And Forecasts 2012 – 2018,” gives a forward-looking perspective of the market and presents detailed quantitative as well as qualitative data pertaining to the key market segments. The market has been studied from a global standpoint, in order to provide a broader perspective about the market’s present state, and from a regional perspective to give a much detailed overview of the state of the market and its segments in the present scenario.
Complete Fuel Oil Market Report with TOC : http://www.transparencymarketresearch.com/fuel-oil-market.html
The report states that the global fuel market is being driven by healthy growth in the petrochemicals, building materials, and transportation industries. As good quality fuel oil enhances engine life and maximizes productivity of machineries, its demand has increased across the globe concurrently with the flourishing transportation and industrial segments. However, the global fuel oil market is held back to a certain extent owing to the volatile prices of crude oil, a factor which has also prompted companies to push their research and development efforts towards finding alternative fuel sources.
The report examines the applications of fuel oil across end-use segments such as electricity industry, building materials industry, transportation industry, metallurgy, petrochemical industry, and petroleum refineries. Of these, the transportation industry was the largest consumer of fuel oil in 2011, followed by other significant end users such as petroleum refineries, and petrochemical industries.
From a geographical perspective, the global fuel oil market has been examined for Asia Pacific, North America, Europe, and Rest of the World. Of these, Asia Pacific held the dominant position in the global market for imported fuel oil in 2011. From a country-wise scenario, the U.S. accounted for the largest share on a global front in terms of consumption of fuel oil in 2011; China dominated the fuel oils market in Asia Pacific.
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The report gives a thorough analytical account of the impact of the most prominent market trends of current times and the key growth drivers and restraints. An analysis of recent technological developments and the way they will influence the market’s growth prospects is also featured in the report.
The report also gives an overview of the competitive landscape of the global fuel oil market, wherein Porter’s five forces analysis, detailed business profiles, SWOT analysis, and other details pertaining to some of the most influential vendors in the market is included.
Some of the major vendors in the market profiled in the report are Verona Products Pvt. Ltd., Alicid Organic Industries Ltd., Honari Co., Ningling Lanning Technology Co. Ltd., Concord Overseas, Sazeh Pardaz Simorgh Company, Bell Performance Inc., OOO Oil-Garant, and Moletech International Technology Limited.
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