The global Ultra Low Sulphur Fuel Oil (ULSFO) market size is predicted to grow from US$ 781 million in 2025 to US$ 1282 million in 2031; it is expected to grow at a CAGR of 8.6% from 2025 to 2031.

For this reason, today the term ultra-low sulfur fuel oil usually refers not to desulfurized heavy fuel oils, but to marine gasoil, which is already low in sulfur. It is composed exclusively of distillates and has a sulfur content of under 0.1%. This marine fuel is also known as ultra-low marine gasoil.

According to the data of China Association of Metros, by the end of 2022, 55 cities in mainland China have opened urban rail transit and 308 operating lines. The total length of operating lines is 10287.45 km, ranking first in the world and accounting for 26.2% of the total global mileage. 1080.63 km of new operating lines were added in 2022. By the end of 2022, 545 cities in 78 countries and regions will have opened urban rail transit, with more than 41,386.12 km of operational mileage. Compared to 2021, the total mileage of urban rail transit worldwide would increase by 4,531.92 km, an increase of 11.0%, of which 1,293.45 km of subway mileage, 788.11 km of light rail mileage and 2,450.36 km of tram mileage would increase, accounting for 28.5%, 17.4% and 54.1% of the total increase respectively.

Infinity Market Research newest research report, the ?Ultra Low Sulphur Fuel Oil (ULSFO) Industry Forecast? looks at past sales and reviews total world Ultra Low Sulphur Fuel Oil (ULSFO) sales in 2024, providing a comprehensive analysis by region and market sector of projected Ultra Low Sulphur Fuel Oil (ULSFO) sales for 2025 through 2031. With Ultra Low Sulphur Fuel Oil (ULSFO) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ultra Low Sulphur Fuel Oil (ULSFO) industry.

This Insight Report provides a comprehensive analysis of the global Ultra Low Sulphur Fuel Oil (ULSFO) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ultra Low Sulphur Fuel Oil (ULSFO) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global Ultra Low Sulphur Fuel Oil (ULSFO) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ultra Low Sulphur Fuel Oil (ULSFO) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ultra Low Sulphur Fuel Oil (ULSFO).

This report presents a comprehensive overview, market shares, and growth opportunities of Ultra Low Sulphur Fuel Oil (ULSFO) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Heavy Fuel Oil
    Light Fuel Oil

Segmentation by Application:

    Small Oceangoing Ships
    Medium Oceangoing Ships
    Large and Very Large Oceangoing Ships

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    Shell Global
    Orim Energy
    Bomin Group
    TotalEnergies Marine Fuels
    CEPSA
    Stena Oil
    Qatar Petroleum
    Monjasa

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ultra Low Sulphur Fuel Oil (ULSFO) market?
What factors are driving Ultra Low Sulphur Fuel Oil (ULSFO) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ultra Low Sulphur Fuel Oil (ULSFO) market opportunities vary by end market size?
How does Ultra Low Sulphur Fuel Oil (ULSFO) break out by Type, by Application?