Very Low Sulphur Fuel Oil (VLSFO) Market Size, Share, Trends and Industry Analysis, Forecast 2025–2032
The Very Low Sulphur Fuel Oil (VLSFO) Market was valued at US$ 67,897 Million in 2024 and is projected to expand at a CAGR of 19.8% from 2025 to 2032. Market growth is primarily driven by the enforcement of the International Maritime Organization’s (IMO) 2020 sulfur cap, rising environmental awareness, global initiatives to reduce shipping emissions, and the expanding volume of...
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