Heavy Oil Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032

  • Report ID: ME_0018927
  • Format: Electronic (PDF)
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  • Number of Pages: 250
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Market Snapshot

CAGR:8.92
2023
2032

Source: Market Expertz

RND-Favicon
Study Period 2019-2032
Base Year 2023
Forcast Year 2023-2032
CAGR 8.92
Chemicals and Advanced Materials-companies
Chemicals and Advanced Materials-Snapshot

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Report Overview

Heavy Oil Market Analysis Report 2023-2032:

The Heavy Oil Market is expected to witness significant growth, with a projected Compound Annual Growth Rate (CAGR) of 4.35% between 2022 and 2032. This growth is anticipated to result in a substantial increase in market size, estimated at USD 17,079.64 million. Several key factors are contributing to this expansion, including the rising global demand for energy, increased investments in heavy oil extraction technologies, and advancements in heavy oil refining processes.

**Heavy Oil Market Overview**

**

Drivers:

**

One of the primary drivers of the Heavy Oil Market is the growing global demand for energy. Heavy oil, characterized by its high viscosity and density, plays a crucial role in meeting the energy needs of industries, power generation, and transportation. As the global population continues to grow, the demand for energy is increasing, and heavy oil is becoming an essential component of the energy mix.

Furthermore, technological advancements in heavy oil extraction, such as enhanced oil recovery (EOR) techniques, are making it economically viable to access previously untapped heavy oil reserves. This has opened up new opportunities for market growth.

**

Trends:

**

An emerging trend in the Heavy Oil Market is the focus on environmental sustainability. As concerns about climate change and carbon emissions intensify, there is a growing emphasis on cleaner and more environmentally friendly heavy oil production and refining processes. This trend aligns with the global transition towards cleaner energy sources.

Additionally, innovations in heavy oil upgrading technologies are improving the quality of heavy oil products, making them more compatible with existing refining processes and reducing environmental impacts.

**

Restraints:

**

One of the challenges facing the Heavy Oil Market is the complex nature of heavy oil extraction and processing. Heavy oil reservoirs often require advanced and costly extraction techniques, such as steam-assisted gravity drainage (SAGD) and cyclic steam stimulation (CSS). These methods can be technically challenging and financially demanding.

Moreover, heavy oil refining processes can be energy-intensive and result in higher greenhouse gas emissions compared to lighter crude oils. Regulatory pressures to reduce emissions and implement stricter environmental standards can pose challenges for heavy oil producers and refiners.

**Heavy Oil Market Segmentation**

**By Application:**

- Power Generation

- Industrial Processes

- Transportation

- Others

**By Type:**

- Extra Heavy Oil

- Heavy Oil

- Medium Heavy Oil

- Others

**By Region:**

- North America

  - The U.S.

  - Canada

- Europe

  - U.K.

  - Germany

  - France

  - Rest of Europe

- Asia-Pacific

  - China

  - India

- South America

  - Brazil

  - Argentina

  - Chile

- Middle East & Africa

  - Saudi Arabia

  - South Africa

  - Rest of the Middle East & Africa

**Heavy Oil Market Customer Landscape**

The Heavy Oil Market serves a diverse customer landscape, including power generation companies, industrial facilities, transportation providers, and more. The market report covers the entire product adoption lifecycle, from heavy oil extraction to its various applications in different industries.

**Major Heavy Oil Market Companies**

Key players in the Heavy Oil Market are actively involved in expanding their heavy oil production capacity, improving extraction technologies, and developing cleaner refining processes. Some of the major companies in the market include:

  1. Exxon Mobil Corporation
  2. Chevron Corporation
  3. BP plc
  4. Royal Dutch Shell plc
  5. TotalEnergies SE
  6. Suncor Energy Inc.
  7. Canadian Natural Resources Limited
  8. ConocoPhillips
  9. Husky Energy Inc.
  10. Cenovus Energy Inc.

This list represents a selection of prominent players in the Heavy Oil Market. As market dynamics and environmental regulations evolve, stakeholders should stay informed about industry developments and the strategies of key market players.

**Segment Overview**

The Heavy Oil Market report provides revenue forecasts at the global, regional, and country levels. It also offers an in-depth analysis of emerging trends, growth opportunities, and challenges in the market from 2019 to 2032.

**Application Outlook (USD Million, 2019 - 2032):**

- Power Generation

- Industrial Processes

- Transportation

- Others

**Type Outlook (USD Million, 2019 - 2032):**

- Extra Heavy Oil

- Heavy Oil

- Medium Heavy Oil

- Others

**Geography Outlook (USD Million, 2019 - 2032):**

- North America

  - The U.S.

  - Canada

- Europe

  - U.K.

  - Germany

  - France

  - Rest of Europe

- Asia-Pacific

  - China

  - India

- South America

  - Brazil

  - Argentina

  - Chile

- Middle East & Africa

  - Saudi Arabia

  - South Africa

  - Rest of the Middle East & Africa

Table of Contents

Global Heavy Oil Market Research Report 2018
1 Heavy Oil Market Overview
1.1 Product Overview and Scope of Heavy Oil
1.2 Heavy Oil Segment by Type (Product Category)
1.2.1 Global Heavy Oil Production and CAGR (%) Comparison by Type (Product Category)(2013-2025)
1.2.2 Global Heavy Oil Production Market Share by Type (Product Category) in 2017
1.2.3 Heavy Crude Oil
1.2.4 Viscous Crude Oil
1.2.5 Coal Tar Creosote
1.3 Global Heavy Oil Segment by Application
1.3.1 Heavy Oil Consumption (Sales) Comparison by Application (2013-2025)
1.3.2 Metallurgy
1.3.3 Fuel
1.3.4 Machine Manufacturing
1.4 Global Heavy Oil Market by Region (2013-2025)
1.4.1 Global Heavy Oil Market Size (Value) and CAGR (%) Comparison by Region (2013-2025)
1.4.2 North America Status and Prospect (2013-2025)
1.4.3 Europe Status and Prospect (2013-2025)
1.4.4 China Status and Prospect (2013-2025)
1.4.5 Japan Status and Prospect (2013-2025)
1.4.6 Southeast Asia Status and Prospect (2013-2025)
1.4.7 India Status and Prospect (2013-2025)
1.5 Global Market Size (Value) of Heavy Oil (2013-2025)
1.5.1 Global Heavy Oil Revenue Status and Outlook (2013-2025)
1.5.2 Global Heavy Oil Capacity, Production Status and Outlook (2013-2025)

2 Global Heavy Oil Market Competition by Manufacturers
2.1 Global Heavy Oil Capacity, Production and Share by Manufacturers (2013-2018)
2.1.1 Global Heavy Oil Capacity and Share by Manufacturers (2013-2018)
2.1.2 Global Heavy Oil Production and Share by Manufacturers (2013-2018)
2.2 Global Heavy Oil Revenue and Share by Manufacturers (2013-2018)
2.3 Global Heavy Oil Average Price by Manufacturers (2013-2018)
2.4 Manufacturers Heavy Oil Manufacturing Base Distribution, Sales Area and Product Type
2.5 Heavy Oil Market Competitive Situation and Trends
2.5.1 Heavy Oil Market Concentration Rate
2.5.2 Heavy Oil Market Share of Top 3 and Top 5 Manufacturers
2.5.3 Mergers & Acquisitions, Expansion

3 Global Heavy Oil Capacity, Production, Revenue (Value) by Region (2013-2018)
3.1 Global Heavy Oil Capacity and Market Share by Region (2013-2018)
3.2 Global Heavy Oil Production and Market Share by Region (2013-2018)
3.3 Global Heavy Oil Revenue (Value) and Market Share by Region (2013-2018)
3.4 Global Heavy Oil Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.5 North America Heavy Oil Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.6 Europe Heavy Oil Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.7 China Heavy Oil Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.8 Japan Heavy Oil Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.9 Southeast Asia Heavy Oil Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.10 India Heavy Oil Capacity, Production, Revenue, Price and Gross Margin (2013-2018)

4 Global Heavy Oil Supply (Production), Consumption, Export, Import by Region (2013-2018)
4.1 Global Heavy Oil Consumption by Region (2013-2018)
4.2 North America Heavy Oil Production, Consumption, Export, Import (2013-2018)
4.3 Europe Heavy Oil Production, Consumption, Export, Import (2013-2018)
4.4 China Heavy Oil Production, Consumption, Export, Import (2013-2018)
4.5 Japan Heavy Oil Production, Consumption, Export, Import (2013-2018)
4.6 Southeast Asia Heavy Oil Production, Consumption, Export, Import (2013-2018)
4.7 India Heavy Oil Production, Consumption, Export, Import (2013-2018)

5 Global Heavy Oil Production, Revenue (Value), Price Trend by Type
5.1 Global Heavy Oil Production and Market Share by Type (2013-2018)
5.2 Global Heavy Oil Revenue and Market Share by Type (2013-2018)
5.3 Global Heavy Oil Price by Type (2013-2018)
5.4 Global Heavy Oil Production Growth by Type (2013-2018)

6 Global Heavy Oil Market Analysis by Application
6.1 Global Heavy Oil Consumption and Market Share by Application (2013-2018)
6.2 Global Heavy Oil Consumption Growth Rate by Application (2013-2018)
6.3 Market Drivers and Opportunities
6.3.1 Potential Applications
6.3.2 Emerging Markets/Countries

7 Global Heavy Oil Manufacturers Profiles/Analysis
7.1 Schlumberger
7.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2 Heavy Oil Product Category, Application and Specification
7.1.2.1 Product A
7.1.2.2 Product B
7.1.3 Schlumberger Heavy Oil Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.1.4 Main Business/Business Overview
7.2 Halliburton
7.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.2.2 Heavy Oil Product Category, Application and Specification
7.2.2.1 Product A
7.2.2.2 Product B
7.2.3 Halliburton Heavy Oil Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.2.4 Main Business/Business Overview
7.3 Total
7.3.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.3.2 Heavy Oil Product Category, Application and Specification
7.3.2.1 Product A
7.3.2.2 Product B
7.3.3 Total Heavy Oil Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.3.4 Main Business/Business Overview
7.4 COS
7.4.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.4.2 Heavy Oil Product Category, Application and Specification
7.4.2.1 Product A
7.4.2.2 Product B
7.4.3 COS Heavy Oil Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.4.4 Main Business/Business Overview
7.5 Saudi Aramco
7.5.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.5.2 Heavy Oil Product Category, Application and Specification
7.5.2.1 Product A
7.5.2.2 Product B
7.5.3 Saudi Aramco Heavy Oil Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.5.4 Main Business/Business Overview
7.6 Albemarle
7.6.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.6.2 Heavy Oil Product Category, Application and Specification
7.6.2.1 Product A
7.6.2.2 Product B
7.6.3 Albemarle Heavy Oil Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.6.4 Main Business/Business Overview
7.7 Shell
7.7.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.7.2 Heavy Oil Product Category, Application and Specification
7.7.2.1 Product A
7.7.2.2 Product B
7.7.3 Shell Heavy Oil Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.7.4 Main Business/Business Overview
7.8 Fractalsys
7.8.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.8.2 Heavy Oil Product Category, Application and Specification
7.8.2.1 Product A
7.8.2.2 Product B
7.8.3 Fractalsys Heavy Oil Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.8.4 Main Business/Business Overview
7.9 Husky
7.9.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.9.2 Heavy Oil Product Category, Application and Specification
7.9.2.1 Product A
7.9.2.2 Product B
7.9.3 Husky Heavy Oil Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.9.4 Main Business/Business Overview
7.10 Devon
7.10.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.10.2 Heavy Oil Product Category, Application and Specification
7.10.2.1 Product A
7.10.2.2 Product B
7.10.3 Devon Heavy Oil Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.10.4 Main Business/Business Overview

8 Heavy Oil Manufacturing Cost Analysis
8.1 Heavy Oil Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Heavy Oil

9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Heavy Oil Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Heavy Oil Major Manufacturers in 2017
9.4 Downstream Buyers

10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List

11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change

12 Global Heavy Oil Market Forecast (2018-2025)
12.1 Global Heavy Oil Capacity, Production, Revenue Forecast (2018-2025)
12.1.1 Global Heavy Oil Capacity, Production and Growth Rate Forecast (2018-2025)
12.1.2 Global Heavy Oil Revenue and Growth Rate Forecast (2018-2025)
12.1.3 Global Heavy Oil Price and Trend Forecast (2018-2025)
12.2 Global Heavy Oil Production, Consumption , Import and Export Forecast by Region (2018-2025)
12.2.1 North America Heavy Oil Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.2 Europe Heavy Oil Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.3 China Heavy Oil Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.4 Japan Heavy Oil Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.5 Southeast Asia Heavy Oil Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.6 India Heavy Oil Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.3 Global Heavy Oil Production, Revenue and Price Forecast by Type (2018-2025)
12.4 Global Heavy Oil Consumption Forecast by Application (2018-2025)

13 Research Findings and Conclusion

14 Appendix
14.1 Methodology/Research Approach
14.1.1 Research Programs/Design
14.1.2 Market Size Estimation
14.1.3 Market Breakdown and Data Triangulation
14.2 Data Source
14.2.1 Secondary Sources
14.2.2 Primary Sources
14.3 Disclaimer




List of Tables and Figures

Figure Picture of Heavy Oil
Figure Global Heavy Oil Production (K MT) and CAGR (%) Comparison by Types (Product Category) (2013-2025)
Figure Global Heavy Oil Production Market Share by Types (Product Category) in 2017
Figure Product Picture of Heavy Crude Oil
Table Major Manufacturers of Heavy Crude Oil
Figure Product Picture of Viscous Crude Oil
Table Major Manufacturers of Viscous Crude Oil
Figure Product Picture of Coal Tar Creosote
Table Major Manufacturers of Coal Tar Creosote
Figure Global Heavy Oil Consumption (K MT) by Applications (2013-2025)
Figure Global Heavy Oil Consumption Market Share by Applications in 2017
Figure Metallurgy Examples
Table Key Downstream Customer in Metallurgy
Figure Fuel Examples
Table Key Downstream Customer in Fuel
Figure Machine Manufacturing Examples
Table Key Downstream Customer in Machine Manufacturing
Figure Global Heavy Oil Market Size (Million USD), Comparison (K MT) and CAGR (%) by Regions (2013-2025)
Figure North America Heavy Oil Revenue (Million USD) and Growth Rate (2013-2025)
Figure Europe Heavy Oil Revenue (Million USD) and Growth Rate (2013-2025)
Figure China Heavy Oil Revenue (Million USD) and Growth Rate (2013-2025)
Figure Japan Heavy Oil Revenue (Million USD) and Growth Rate (2013-2025)
Figure Southeast Asia Heavy Oil Revenue (Million USD) and Growth Rate (2013-2025)
Figure India Heavy Oil Revenue (Million USD) and Growth Rate (2013-2025)
Figure Global Heavy Oil Revenue (Million USD) Status and Outlook (2013-2025)
Figure Global Heavy Oil Capacity, Production (K MT) Status and Outlook (2013-2025)
Figure Global Heavy Oil Major Players Product Capacity (K MT) (2013-2018)
Table Global Heavy Oil Capacity (K MT) of Key Manufacturers (2013-2018)
Table Global Heavy Oil Capacity Market Share of Key Manufacturers (2013-2018)
Figure Global Heavy Oil Capacity (K MT) of Key Manufacturers in 2017
Figure Global Heavy Oil Capacity (K MT) of Key Manufacturers in 2018
Figure Global Heavy Oil Major Players Product Production (K MT) (2013-2018)
Table Global Heavy Oil Production (K MT) of Key Manufacturers (2013-2018)
Table Global Heavy Oil Production Share by Manufacturers (2013-2018)
Figure 2017 Heavy Oil Production Share by Manufacturers
Figure 2017 Heavy Oil Production Share by Manufacturers
Figure Global Heavy Oil Major Players Product Revenue (Million USD) (2013-2018)
Table Global Heavy Oil Revenue (Million USD) by Manufacturers (2013-2018)
Table Global Heavy Oil Revenue Share by Manufacturers (2013-2018)
Table 2017 Global Heavy Oil Revenue Share by Manufacturers
Table 2018 Global Heavy Oil Revenue Share by Manufacturers
Table Global Market Heavy Oil Average Price (USD/MT) of Key Manufacturers (2013-2018)
Figure Global Market Heavy Oil Average Price (USD/MT) of Key Manufacturers in 2017
Table Manufacturers Heavy Oil Manufacturing Base Distribution and Sales Area
Table Manufacturers Heavy Oil Product Category
Figure Heavy Oil Market Share of Top 3 Manufacturers
Figure Heavy Oil Market Share of Top 5 Manufacturers
Table Global Heavy Oil Capacity (K MT) by Region (2013-2018)
Figure Global Heavy Oil Capacity Market Share by Region (2013-2018)
Figure Global Heavy Oil Capacity Market Share by Region (2013-2018)
Figure 2017 Global Heavy Oil Capacity Market Share by Region
Table Global Heavy Oil Production by Region (2013-2018)
Figure Global Heavy Oil Production (K MT) by Region (2013-2018)
Figure Global Heavy Oil Production Market Share by Region (2013-2018)
Figure 2017 Global Heavy Oil Production Market Share by Region
Table Global Heavy Oil Revenue (Million USD) by Region (2013-2018)
Table Global Heavy Oil Revenue Market Share by Region (2013-2018)
Figure Global Heavy Oil Revenue Market Share by Region (2013-2018)
Table 2017 Global Heavy Oil Revenue Market Share by Region
Figure Global Heavy Oil Capacity, Production (K MT) and Growth Rate (2013-2018)
Table Global Heavy Oil Capacity, Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2013-2018)
Table North America Heavy Oil Capacity, Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2013-2018)
Table Europe Heavy Oil Capacity, Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2013-2018)
Table China Heavy Oil Capacity, Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2013-2018)
Table Japan Heavy Oil Capacity, Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2013-2018)
Table Southeast Asia Heavy Oil Capacity, Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2013-2018)
Table India Heavy Oil Capacity, Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2013-2018)
Table Global Heavy Oil Consumption (K MT) Market by Region (2013-2018)
Table Global Heavy Oil Consumption Market Share by Region (2013-2018)
Figure Global Heavy Oil Consumption Market Share by Region (2013-2018)
Figure 2017 Global Heavy Oil Consumption (K MT) Market Share by Region
Table North America Heavy Oil Production, Consumption, Import & Export (K MT) (2013-2018)
Table Europe Heavy Oil Production, Consumption, Import & Export (K MT) (2013-2018)
Table China Heavy Oil Production, Consumption, Import & Export (K MT) (2013-2018)
Table Japan Heavy Oil Production, Consumption, Import & Export (K MT) (2013-2018)
Table Southeast Asia Heavy Oil Production, Consumption, Import & Export (K MT) (2013-2018)
Table India Heavy Oil Production, Consumption, Import & Export (K MT) (2013-2018)
Table Global Heavy Oil Production (K MT) by Type (2013-2018)
Table Global Heavy Oil Production Share by Type (2013-2018)
Figure Production Market Share of Heavy Oil by Type (2013-2018)
Figure 2017 Production Market Share of Heavy Oil by Type
Table Global Heavy Oil Revenue (Million USD) by Type (2013-2018)
Table Global Heavy Oil Revenue Share by Type (2013-2018)
Figure Production Revenue Share of Heavy Oil by Type (2013-2018)
Figure 2017 Revenue Market Share of Heavy Oil by Type
Table Global Heavy Oil Price (USD/MT) by Type (2013-2018)
Figure Global Heavy Oil Production Growth by Type (2013-2018)
Table Global Heavy Oil Consumption (K MT) by Application (2013-2018)
Table Global Heavy Oil Consumption Market Share by Application (2013-2018)
Figure Global Heavy Oil Consumption Market Share by Applications (2013-2018)
Figure Global Heavy Oil Consumption Market Share by Application in 2017
Table Global Heavy Oil Consumption Growth Rate by Application (2013-2018)
Figure Global Heavy Oil Consumption Growth Rate by Application (2013-2018)
Table Schlumberger Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Schlumberger Heavy Oil Capacity, Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2013-2018)
Figure Schlumberger Heavy Oil Production Growth Rate (2013-2018)
Figure Schlumberger Heavy Oil Production Market Share (2013-2018)
Figure Schlumberger Heavy Oil Revenue Market Share (2013-2018)
Table Halliburton Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Halliburton Heavy Oil Capacity, Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2013-2018)
Figure Halliburton Heavy Oil Production Growth Rate (2013-2018)
Figure Halliburton Heavy Oil Production Market Share (2013-2018)
Figure Halliburton Heavy Oil Revenue Market Share (2013-2018)
Table Total Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Total Heavy Oil Capacity, Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2013-2018)
Figure Total Heavy Oil Production Growth Rate (2013-2018)
Figure Total Heavy Oil Production Market Share (2013-2018)
Figure Total Heavy Oil Revenue Market Share (2013-2018)
Table COS Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table COS Heavy Oil Capacity, Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2013-2018)
Figure COS Heavy Oil Production Growth Rate (2013-2018)
Figure COS Heavy Oil Production Market Share (2013-2018)
Figure COS Heavy Oil Revenue Market Share (2013-2018)
Table Saudi Aramco Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Saudi Aramco Heavy Oil Capacity, Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2013-2018)
Figure Saudi Aramco Heavy Oil Production Growth Rate (2013-2018)
Figure Saudi Aramco Heavy Oil Production Market Share (2013-2018)
Figure Saudi Aramco Heavy Oil Revenue Market Share (2013-2018)
Table Albemarle Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Albemarle Heavy Oil Capacity, Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2013-2018)
Figure Albemarle Heavy Oil Production Growth Rate (2013-2018)
Figure Albemarle Heavy Oil Production Market Share (2013-2018)
Figure Albemarle Heavy Oil Revenue Market Share (2013-2018)
Table Shell Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Shell Heavy Oil Capacity, Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2013-2018)
Figure Shell Heavy Oil Production Growth Rate (2013-2018)
Figure Shell Heavy Oil Production Market Share (2013-2018)
Figure Shell Heavy Oil Revenue Market Share (2013-2018)
Table Fractalsys Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Fractalsys Heavy Oil Capacity, Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2013-2018)
Figure Fractalsys Heavy Oil Production Growth Rate (2013-2018)
Figure Fractalsys Heavy Oil Production Market Share (2013-2018)
Figure Fractalsys Heavy Oil Revenue Market Share (2013-2018)
Table Husky Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Husky Heavy Oil Capacity, Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2013-2018)
Figure Husky Heavy Oil Production Growth Rate (2013-2018)
Figure Husky Heavy Oil Production Market Share (2013-2018)
Figure Husky Heavy Oil Revenue Market Share (2013-2018)
Table Devon Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Devon Heavy Oil Capacity, Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2013-2018)
Figure Devon Heavy Oil Production Growth Rate (2013-2018)
Figure Devon Heavy Oil Production Market Share (2013-2018)
Figure Devon Heavy Oil Revenue Market Share (2013-2018)
Table Production Base and Market Concentration Rate of Raw Material
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Manufacturing Cost Structure of Heavy Oil
Figure Manufacturing Process Analysis of Heavy Oil
Figure Heavy Oil Industrial Chain Analysis
Table Raw Materials Sources of Heavy Oil Major Manufacturers in 2017
Table Major Buyers of Heavy Oil
Table Distributors/Traders List
Figure Global Heavy Oil Capacity, Production (K MT) and Growth Rate Forecast (2018-2025)
Figure Global Heavy Oil Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Figure Global Heavy Oil Price (Million USD) and Trend Forecast (2018-2025)
Table Global Heavy Oil Production (K MT) Forecast by Region (2018-2025)
Figure Global Heavy Oil Production Market Share Forecast by Region (2018-2025)
Table Global Heavy Oil Consumption (K MT) Forecast by Region (2018-2025)
Figure Global Heavy Oil Consumption Market Share Forecast by Region (2018-2025)
Figure North America Heavy Oil Production (K MT) and Growth Rate Forecast (2018-2025)
Figure North America Heavy Oil Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table North America Heavy Oil Production, Consumption, Export and Import (K MT) Forecast (2018-2025)
Figure Europe Heavy Oil Production (K MT) and Growth Rate Forecast (2018-2025)
Figure Europe Heavy Oil Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table Europe Heavy Oil Production, Consumption, Export and Import (K MT) Forecast (2018-2025)
Figure China Heavy Oil Production (K MT) and Growth Rate Forecast (2018-2025)
Figure China Heavy Oil Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table China Heavy Oil Production, Consumption, Export and Import (K MT) Forecast (2018-2025)
Figure Japan Heavy Oil Production (K MT) and Growth Rate Forecast (2018-2025)
Figure Japan Heavy Oil Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table Japan Heavy Oil Production, Consumption, Export and Import (K MT) Forecast (2018-2025)
Figure Southeast Asia Heavy Oil Production (K MT) and Growth Rate Forecast (2018-2025)
Figure Southeast Asia Heavy Oil Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table Southeast Asia Heavy Oil Production, Consumption, Export and Import (K MT) Forecast (2018-2025)
Figure India Heavy Oil Production (K MT) and Growth Rate Forecast (2018-2025)
Figure India Heavy Oil Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table India Heavy Oil Production, Consumption, Export and Import (K MT) Forecast (2018-2025)
Table Global Heavy Oil Production (K MT) Forecast by Type (2018-2025)
Figure Global Heavy Oil Production (K MT) Forecast by Type (2018-2025)
Table Global Heavy Oil Revenue (Million USD) Forecast by Type (2018-2025)
Figure Global Heavy Oil Revenue Market Share Forecast by Type (2018-2025)
Table Global Heavy Oil Price Forecast by Type (2018-2025)
Table Global Heavy Oil Consumption (K MT) Forecast by Application (2018-2025)
Figure Global Heavy Oil Consumption (K MT) Forecast by Application (2018-2025)
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Source

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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