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Global Heavy Crude Oil Market Research Report 2025
Synopsis
Heavy crude oil (or extra heavy crude oil) is highly viscous oil that cannot easily flow from production wells under normal reservoir conditions. It is referred to as "heavy" because its density or specific gravity is higher than that of light crude oil.
The global Heavy Crude Oil market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of %during the forecast period 2024-2030.
North American market for Heavy Crude Oil is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Heavy Crude Oil is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Heavy Crude Oil include Saudi Aramco, National Iranian Oil Company, Canadian Natural Resources Limited, ExxonMobil, Chevron Corporation, Sinopec Group, CNOOC, Abu Dhabi National Oil Company, ConocoPhillips, BP, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Heavy Crude Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heavy Crude Oil.
The Heavy Crude Oil market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Heavy Crude Oil market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Heavy Crude Oil manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Saudi Aramco
National Iranian Oil Company
Canadian Natural Resources Limited
ExxonMobil
Chevron Corporation
Sinopec Group
CNOOC
Abu Dhabi National Oil Company
ConocoPhillips
BP
Suncor Energy
Kuwait Petroleum Corporation
Wärtsilä
by Type
Low Sulfur Heavy Crude Oil
High Sulfur Heavy Crude Oil
Others
by Application
Refining
Chemical
Energy
Transportation
Agricultural
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Heavy Crude Oil manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Heavy Crude Oil by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Heavy Crude Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Heavy crude oil (or extra heavy crude oil) is highly viscous oil that cannot easily flow from production wells under normal reservoir conditions. It is referred to as "heavy" because its density or specific gravity is higher than that of light crude oil.
The global Heavy Crude Oil market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of %during the forecast period 2024-2030.
North American market for Heavy Crude Oil is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Heavy Crude Oil is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Heavy Crude Oil include Saudi Aramco, National Iranian Oil Company, Canadian Natural Resources Limited, ExxonMobil, Chevron Corporation, Sinopec Group, CNOOC, Abu Dhabi National Oil Company, ConocoPhillips, BP, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Heavy Crude Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heavy Crude Oil.
The Heavy Crude Oil market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Heavy Crude Oil market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Heavy Crude Oil manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Saudi Aramco
National Iranian Oil Company
Canadian Natural Resources Limited
ExxonMobil
Chevron Corporation
Sinopec Group
CNOOC
Abu Dhabi National Oil Company
ConocoPhillips
BP
Suncor Energy
Kuwait Petroleum Corporation
Wärtsilä
by Type
Low Sulfur Heavy Crude Oil
High Sulfur Heavy Crude Oil
Others
by Application
Refining
Chemical
Energy
Transportation
Agricultural
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Heavy Crude Oil manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Heavy Crude Oil by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Heavy Crude Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Heavy Crude Oil Market Overview
1.1 Product Definition
1.2 Heavy Crude Oil by Type
1.2.1 Global Heavy Crude Oil Market Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Low Sulfur Heavy Crude Oil
1.2.3 High Sulfur Heavy Crude Oil
1.2.4 Others
1.3 Heavy Crude Oil by Application
1.3.1 Global Heavy Crude Oil Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Refining
1.3.3 Chemical
1.3.4 Energy
1.3.5 Transportation
1.3.6 Agricultural
1.3.7 Others
1.4 Global Market Growth Prospects
1.4.1 Global Heavy Crude Oil Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Heavy Crude Oil Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Heavy Crude Oil Production Estimates and Forecasts (2019-2030)
1.4.4 Global Heavy Crude Oil Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Heavy Crude Oil Production Market Share by Manufacturers (2019-2024)
2.2 Global Heavy Crude Oil Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Heavy Crude Oil, Industry Ranking, 2022 VS 2023
2.4 Global Heavy Crude Oil Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Heavy Crude Oil Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Heavy Crude Oil, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Heavy Crude Oil, Product Offered and Application
2.8 Global Key Manufacturers of Heavy Crude Oil, Date of Enter into This Industry
2.9 Heavy Crude Oil Market Competitive Situation and Trends
2.9.1 Heavy Crude Oil Market Concentration Rate
2.9.2 Global 5 and 10 Largest Heavy Crude Oil Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Heavy Crude Oil Production by Region
3.1 Global Heavy Crude Oil Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Heavy Crude Oil Production Value by Region (2019-2030)
3.2.1 Global Heavy Crude Oil Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Heavy Crude Oil by Region (2025-2030)
3.3 Global Heavy Crude Oil Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Heavy Crude Oil Production by Region (2019-2030)
3.4.1 Global Heavy Crude Oil Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Heavy Crude Oil by Region (2025-2030)
3.5 Global Heavy Crude Oil Market Price Analysis by Region (2019-2024)
3.6 Global Heavy Crude Oil Production and Value, Year-over-Year Growth
3.6.1 North America Heavy Crude Oil Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Heavy Crude Oil Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Heavy Crude Oil Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Heavy Crude Oil Production Value Estimates and Forecasts (2019-2030)
4 Heavy Crude Oil Consumption by Region
4.1 Global Heavy Crude Oil Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Heavy Crude Oil Consumption by Region (2019-2030)
4.2.1 Global Heavy Crude Oil Consumption by Region (2019-2030)
4.2.2 Global Heavy Crude Oil Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Heavy Crude Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Heavy Crude Oil Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Heavy Crude Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Heavy Crude Oil Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Heavy Crude Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Heavy Crude Oil Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Heavy Crude Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Heavy Crude Oil Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Heavy Crude Oil Production by Type (2019-2030)
5.1.1 Global Heavy Crude Oil Production by Type (2019-2024)
5.1.2 Global Heavy Crude Oil Production by Type (2025-2030)
5.1.3 Global Heavy Crude Oil Production Market Share by Type (2019-2030)
5.2 Global Heavy Crude Oil Production Value by Type (2019-2030)
5.2.1 Global Heavy Crude Oil Production Value by Type (2019-2024)
5.2.2 Global Heavy Crude Oil Production Value by Type (2025-2030)
5.2.3 Global Heavy Crude Oil Production Value Market Share by Type (2019-2030)
5.3 Global Heavy Crude Oil Price by Type (2019-2030)
6 Segment by Application
6.1 Global Heavy Crude Oil Production by Application (2019-2030)
6.1.1 Global Heavy Crude Oil Production by Application (2019-2024)
6.1.2 Global Heavy Crude Oil Production by Application (2025-2030)
6.1.3 Global Heavy Crude Oil Production Market Share by Application (2019-2030)
6.2 Global Heavy Crude Oil Production Value by Application (2019-2030)
6.2.1 Global Heavy Crude Oil Production Value by Application (2019-2024)
6.2.2 Global Heavy Crude Oil Production Value by Application (2025-2030)
6.2.3 Global Heavy Crude Oil Production Value Market Share by Application (2019-2030)
6.3 Global Heavy Crude Oil Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Saudi Aramco
7.1.1 Saudi Aramco Heavy Crude Oil Company Information
7.1.2 Saudi Aramco Heavy Crude Oil Product Portfolio
7.1.3 Saudi Aramco Heavy Crude Oil Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Saudi Aramco Main Business and Markets Served
7.1.5 Saudi Aramco Recent Developments/Updates
7.2 National Iranian Oil Company
7.2.1 National Iranian Oil Company Heavy Crude Oil Company Information
7.2.2 National Iranian Oil Company Heavy Crude Oil Product Portfolio
7.2.3 National Iranian Oil Company Heavy Crude Oil Production, Value, Price and Gross Margin (2019-2024)
7.2.4 National Iranian Oil Company Main Business and Markets Served
7.2.5 National Iranian Oil Company Recent Developments/Updates
7.3 Canadian Natural Resources Limited
7.3.1 Canadian Natural Resources Limited Heavy Crude Oil Company Information
7.3.2 Canadian Natural Resources Limited Heavy Crude Oil Product Portfolio
7.3.3 Canadian Natural Resources Limited Heavy Crude Oil Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Canadian Natural Resources Limited Main Business and Markets Served
7.3.5 Canadian Natural Resources Limited Recent Developments/Updates
7.4 ExxonMobil
7.4.1 ExxonMobil Heavy Crude Oil Company Information
7.4.2 ExxonMobil Heavy Crude Oil Product Portfolio
7.4.3 ExxonMobil Heavy Crude Oil Production, Value, Price and Gross Margin (2019-2024)
7.4.4 ExxonMobil Main Business and Markets Served
7.4.5 ExxonMobil Recent Developments/Updates
7.5 Chevron Corporation
7.5.1 Chevron Corporation Heavy Crude Oil Company Information
7.5.2 Chevron Corporation Heavy Crude Oil Product Portfolio
7.5.3 Chevron Corporation Heavy Crude Oil Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Chevron Corporation Main Business and Markets Served
7.5.5 Chevron Corporation Recent Developments/Updates
7.6 Sinopec Group
7.6.1 Sinopec Group Heavy Crude Oil Company Information
7.6.2 Sinopec Group Heavy Crude Oil Product Portfolio
7.6.3 Sinopec Group Heavy Crude Oil Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Sinopec Group Main Business and Markets Served
7.6.5 Sinopec Group Recent Developments/Updates
7.7 CNOOC
7.7.1 CNOOC Heavy Crude Oil Company Information
7.7.2 CNOOC Heavy Crude Oil Product Portfolio
7.7.3 CNOOC Heavy Crude Oil Production, Value, Price and Gross Margin (2019-2024)
7.7.4 CNOOC Main Business and Markets Served
7.7.5 CNOOC Recent Developments/Updates
7.8 Abu Dhabi National Oil Company
7.8.1 Abu Dhabi National Oil Company Heavy Crude Oil Company Information
7.8.2 Abu Dhabi National Oil Company Heavy Crude Oil Product Portfolio
7.8.3 Abu Dhabi National Oil Company Heavy Crude Oil Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Abu Dhabi National Oil Company Main Business and Markets Served
7.8.5 Abu Dhabi National Oil Company Recent Developments/Updates
7.9 ConocoPhillips
7.9.1 ConocoPhillips Heavy Crude Oil Company Information
7.9.2 ConocoPhillips Heavy Crude Oil Product Portfolio
7.9.3 ConocoPhillips Heavy Crude Oil Production, Value, Price and Gross Margin (2019-2024)
7.9.4 ConocoPhillips Main Business and Markets Served
7.9.5 ConocoPhillips Recent Developments/Updates
7.10 BP
7.10.1 BP Heavy Crude Oil Company Information
7.10.2 BP Heavy Crude Oil Product Portfolio
7.10.3 BP Heavy Crude Oil Production, Value, Price and Gross Margin (2019-2024)
7.10.4 BP Main Business and Markets Served
7.10.5 BP Recent Developments/Updates
7.11 Suncor Energy
7.11.1 Suncor Energy Heavy Crude Oil Company Information
7.11.2 Suncor Energy Heavy Crude Oil Product Portfolio
7.11.3 Suncor Energy Heavy Crude Oil Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Suncor Energy Main Business and Markets Served
7.11.5 Suncor Energy Recent Developments/Updates
7.12 Kuwait Petroleum Corporation
7.12.1 Kuwait Petroleum Corporation Heavy Crude Oil Company Information
7.12.2 Kuwait Petroleum Corporation Heavy Crude Oil Product Portfolio
7.12.3 Kuwait Petroleum Corporation Heavy Crude Oil Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Kuwait Petroleum Corporation Main Business and Markets Served
7.12.5 Kuwait Petroleum Corporation Recent Developments/Updates
7.13 Wärtsilä
7.13.1 Wärtsilä Heavy Crude Oil Company Information
7.13.2 Wärtsilä Heavy Crude Oil Product Portfolio
7.13.3 Wärtsilä Heavy Crude Oil Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Wärtsilä Main Business and Markets Served
7.13.5 Wärtsilä Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Heavy Crude Oil Industry Chain Analysis
8.2 Heavy Crude Oil Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Heavy Crude Oil Production Mode & Process
8.4 Heavy Crude Oil Sales and Marketing
8.4.1 Heavy Crude Oil Sales Channels
8.4.2 Heavy Crude Oil Distributors
8.5 Heavy Crude Oil Customers
9 Heavy Crude Oil Market Dynamics
9.1 Heavy Crude Oil Industry Trends
9.2 Heavy Crude Oil Market Drivers
9.3 Heavy Crude Oil Market Challenges
9.4 Heavy Crude Oil Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of TablesList of Tables
Table 1. Global Heavy Crude Oil Market Value by Type, (US$ Million) & (2023 VS 2030)
Table 2. Global Heavy Crude Oil Market Value by Application, (US$ Million) & (2023 VS 2030)
Table 3. Global Heavy Crude Oil Production Capacity (Tons) by Manufacturers in 2023
Table 4. Global Heavy Crude Oil Production by Manufacturers (2019-2024) & (Tons)
Table 5. Global Heavy Crude Oil Production Market Share by Manufacturers (2019-2024)
Table 6. Global Heavy Crude Oil Production Value by Manufacturers (2019-2024) & (US$ Million)
Table 7. Global Heavy Crude Oil Production Value Share by Manufacturers (2019-2024)
Table 8. Global Key Players of Heavy Crude Oil, Industry Ranking, 2022 VS 2023
Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Heavy Crude Oil as of 2023)
Table 10. Global Market Heavy Crude Oil Average Price by Manufacturers (US$/Ton) & (2019-2024)
Table 11. Global Key Manufacturers of Heavy Crude Oil, Manufacturing Base Distribution and Headquarters
Table 12. Global Key Manufacturers of Heavy Crude Oil, Product Offered and Application
Table 13. Global Key Manufacturers of Heavy Crude Oil, Date of Enter into This Industry
Table 14. Global Heavy Crude Oil Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global Heavy Crude Oil Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
Table 17. Global Heavy Crude Oil Production Value (US$ Million) by Region (2019-2024)
Table 18. Global Heavy Crude Oil Production Value Market Share by Region (2019-2024)
Table 19. Global Heavy Crude Oil Production Value (US$ Million) Forecast by Region (2025-2030)
Table 20. Global Heavy Crude Oil Production Value Market Share Forecast by Region (2025-2030)
Table 21. Global Heavy Crude Oil Production Comparison by Region: 2019 VS 2023 VS 2030 (Tons)
Table 22. Global Heavy Crude Oil Production (Tons) by Region (2019-2024)
Table 23. Global Heavy Crude Oil Production Market Share by Region (2019-2024)
Table 24. Global Heavy Crude Oil Production (Tons) Forecast by Region (2025-2030)
Table 25. Global Heavy Crude Oil Production Market Share Forecast by Region (2025-2030)
Table 26. Global Heavy Crude Oil Market Average Price (US$/Ton) by Region (2019-2024)
Table 27. Global Heavy Crude Oil Market Average Price (US$/Ton) by Region (2025-2030)
Table 28. Global Heavy Crude Oil Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (Tons)
Table 29. Global Heavy Crude Oil Consumption by Region (2019-2024) & (Tons)
Table 30. Global Heavy Crude Oil Consumption Market Share by Region (2019-2024)
Table 31. Global Heavy Crude Oil Forecasted Consumption by Region (2025-2030) & (Tons)
Table 32. Global Heavy Crude Oil Forecasted Consumption Market Share by Region (2019-2024)
Table 33. North America Heavy Crude Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (Tons)
Table 34. North America Heavy Crude Oil Consumption by Country (2019-2024) & (Tons)
Table 35. North America Heavy Crude Oil Consumption by Country (2025-2030) & (Tons)
Table 36. Europe Heavy Crude Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (Tons)
Table 37. Europe Heavy Crude Oil Consumption by Country (2019-2024) & (Tons)
Table 38. Europe Heavy Crude Oil Consumption by Country (2025-2030) & (Tons)
Table 39. Asia Pacific Heavy Crude Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (Tons)
Table 40. Asia Pacific Heavy Crude Oil Consumption by Region (2019-2024) & (Tons)
Table 41. Asia Pacific Heavy Crude Oil Consumption by Region (2025-2030) & (Tons)
Table 42. Latin America, Middle East & Africa Heavy Crude Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (Tons)
Table 43. Latin America, Middle East & Africa Heavy Crude Oil Consumption by Country (2019-2024) & (Tons)
Table 44. Latin America, Middle East & Africa Heavy Crude Oil Consumption by Country (2025-2030) & (Tons)
Table 45. Global Heavy Crude Oil Production (Tons) by Type (2019-2024)
Table 46. Global Heavy Crude Oil Production (Tons) by Type (2025-2030)
Table 47. Global Heavy Crude Oil Production Market Share by Type (2019-2024)
Table 48. Global Heavy Crude Oil Production Market Share by Type (2025-2030)
Table 49. Global Heavy Crude Oil Production Value (US$ Million) by Type (2019-2024)
Table 50. Global Heavy Crude Oil Production Value (US$ Million) by Type (2025-2030)
Table 51. Global Heavy Crude Oil Production Value Market Share by Type (2019-2024)
Table 52. Global Heavy Crude Oil Production Value Market Share by Type (2025-2030)
Table 53. Global Heavy Crude Oil Price (US$/Ton) by Type (2019-2024)
Table 54. Global Heavy Crude Oil Price (US$/Ton) by Type (2025-2030)
Table 55. Global Heavy Crude Oil Production (Tons) by Application (2019-2024)
Table 56. Global Heavy Crude Oil Production (Tons) by Application (2025-2030)
Table 57. Global Heavy Crude Oil Production Market Share by Application (2019-2024)
Table 58. Global Heavy Crude Oil Production Market Share by Application (2025-2030)
Table 59. Global Heavy Crude Oil Production Value (US$ Million) by Application (2019-2024)
Table 60. Global Heavy Crude Oil Production Value (US$ Million) by Application (2025-2030)
Table 61. Global Heavy Crude Oil Production Value Market Share by Application (2019-2024)
Table 62. Global Heavy Crude Oil Production Value Market Share by Application (2025-2030)
Table 63. Global Heavy Crude Oil Price (US$/Ton) by Application (2019-2024)
Table 64. Global Heavy Crude Oil Price (US$/Ton) by Application (2025-2030)
Table 65. Saudi Aramco Heavy Crude Oil Company Information
Table 66. Saudi Aramco Heavy Crude Oil Specification and Application
Table 67. Saudi Aramco Heavy Crude Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 68. Saudi Aramco Main Business and Markets Served
Table 69. Saudi Aramco Recent Developments/Updates
Table 70. National Iranian Oil Company Heavy Crude Oil Company Information
Table 71. National Iranian Oil Company Heavy Crude Oil Specification and Application
Table 72. National Iranian Oil Company Heavy Crude Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 73. National Iranian Oil Company Main Business and Markets Served
Table 74. National Iranian Oil Company Recent Developments/Updates
Table 75. Canadian Natural Resources Limited Heavy Crude Oil Company Information
Table 76. Canadian Natural Resources Limited Heavy Crude Oil Specification and Application
Table 77. Canadian Natural Resources Limited Heavy Crude Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 78. Canadian Natural Resources Limited Main Business and Markets Served
Table 79. Canadian Natural Resources Limited Recent Developments/Updates
Table 80. ExxonMobil Heavy Crude Oil Company Information
Table 81. ExxonMobil Heavy Crude Oil Specification and Application
Table 82. ExxonMobil Heavy Crude Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 83. ExxonMobil Main Business and Markets Served
Table 84. ExxonMobil Recent Developments/Updates
Table 85. Chevron Corporation Heavy Crude Oil Company Information
Table 86. Chevron Corporation Heavy Crude Oil Specification and Application
Table 87. Chevron Corporation Heavy Crude Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 88. Chevron Corporation Main Business and Markets Served
Table 89. Chevron Corporation Recent Developments/Updates
Table 90. Sinopec Group Heavy Crude Oil Company Information
Table 91. Sinopec Group Heavy Crude Oil Specification and Application
Table 92. Sinopec Group Heavy Crude Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 93. Sinopec Group Main Business and Markets Served
Table 94. Sinopec Group Recent Developments/Updates
Table 95. CNOOC Heavy Crude Oil Company Information
Table 96. CNOOC Heavy Crude Oil Specification and Application
Table 97. CNOOC Heavy Crude Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 98. CNOOC Main Business and Markets Served
Table 99. CNOOC Recent Developments/Updates
Table 100. Abu Dhabi National Oil Company Heavy Crude Oil Company Information
Table 101. Abu Dhabi National Oil Company Heavy Crude Oil Specification and Application
Table 102. Abu Dhabi National Oil Company Heavy Crude Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 103. Abu Dhabi National Oil Company Main Business and Markets Served
Table 104. Abu Dhabi National Oil Company Recent Developments/Updates
Table 105. ConocoPhillips Heavy Crude Oil Company Information
Table 106. ConocoPhillips Heavy Crude Oil Specification and Application
Table 107. ConocoPhillips Heavy Crude Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 108. ConocoPhillips Main Business and Markets Served
Table 109. ConocoPhillips Recent Developments/Updates
Table 110. BP Heavy Crude Oil Company Information
Table 111. BP Heavy Crude Oil Specification and Application
Table 112. BP Heavy Crude Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 113. BP Main Business and Markets Served
Table 114. BP Recent Developments/Updates
Table 115. Suncor Energy Heavy Crude Oil Company Information
Table 116. Suncor Energy Heavy Crude Oil Specification and Application
Table 117. Suncor Energy Heavy Crude Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 118. Suncor Energy Main Business and Markets Served
Table 119. Suncor Energy Recent Developments/Updates
Table 120. Kuwait Petroleum Corporation Heavy Crude Oil Company Information
Table 121. Kuwait Petroleum Corporation Heavy Crude Oil Specification and Application
Table 122. Kuwait Petroleum Corporation Heavy Crude Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 123. Kuwait Petroleum Corporation Main Business and Markets Served
Table 124. Kuwait Petroleum Corporation Recent Developments/Updates
Table 125. Wärtsilä Heavy Crude Oil Company Information
Table 126. Wärtsilä Heavy Crude Oil Specification and Application
Table 127. Wärtsilä Heavy Crude Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 128. Wärtsilä Main Business and Markets Served
Table 129. Wärtsilä Recent Developments/Updates
Table 130. Key Raw Materials Lists
Table 131. Raw Materials Key Suppliers Lists
Table 132. Heavy Crude Oil Distributors List
Table 133. Heavy Crude Oil Customers List
Table 134. Heavy Crude Oil Market Trends
Table 135. Heavy Crude Oil Market Drivers
Table 136. Heavy Crude Oil Market Challenges
Table 137. Heavy Crude Oil Market Restraints
Table 138. Research Programs/Design for This Report
Table 139. Key Data Information from Secondary Sources
Table 140. Key Data Information from Primary Sources
Table 141. Authors List of This Report
List of Figures
Figure 1. Product Picture of Heavy Crude Oil
Figure 2. Global Heavy Crude Oil Market Value by Type, (US$ Million) & (2023 VS 2030)
Figure 3. Global Heavy Crude Oil Market Share by Type: 2023 VS 2030
Figure 4. Low Sulfur Heavy Crude Oil Product Picture
Figure 5. High Sulfur Heavy Crude Oil Product Picture
Figure 6. Others Product Picture
Figure 7. Global Heavy Crude Oil Market Value by Application, (US$ Million) & (2023 VS 2030)
Figure 8. Global Heavy Crude Oil Market Share by Application: 2023 VS 2030
Figure 9. Refining
Figure 10. Chemical
Figure 11. Energy
Figure 12. Transportation
Figure 13. Agricultural
Figure 14. Others
Figure 15. Global Heavy Crude Oil Production Value (US$ Million), 2019 VS 2023 VS 2030
Figure 16. Global Heavy Crude Oil Production Value (US$ Million) & (2019-2030)
Figure 17. Global Heavy Crude Oil Production Capacity (Tons) & (2019-2030)
Figure 18. Global Heavy Crude Oil Production (Tons) & (2019-2030)
Figure 19. Global Heavy Crude Oil Average Price (US$/Ton) & (2019-2030)
Figure 20. Heavy Crude Oil Report Years Considered
Figure 21. Heavy Crude Oil Production Share by Manufacturers in 2023
Figure 22. Heavy Crude Oil Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
Figure 23. The Global 5 and 10 Largest Players: Market Share by Heavy Crude Oil Revenue in 2023
Figure 24. Global Heavy Crude Oil Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
Figure 25. Global Heavy Crude Oil Production Value Market Share by Region: 2019 VS 2023 VS 2030
Figure 26. Global Heavy Crude Oil Production Comparison by Region: 2019 VS 2023 VS 2030 (Tons)
Figure 27. Global Heavy Crude Oil Production Market Share by Region: 2019 VS 2023 VS 2030
Figure 28. North America Heavy Crude Oil Production Value (US$ Million) Growth Rate (2019-2030)
Figure 29. Europe Heavy Crude Oil Production Value (US$ Million) Growth Rate (2019-2030)
Figure 30. China Heavy Crude Oil Production Value (US$ Million) Growth Rate (2019-2030)
Figure 31. Japan Heavy Crude Oil Production Value (US$ Million) Growth Rate (2019-2030)
Figure 32. Global Heavy Crude Oil Consumption by Region: 2019 VS 2023 VS 2030 (Tons)
Figure 33. Global Heavy Crude Oil Consumption Market Share by Region: 2019 VS 2023 VS 2030
Figure 34. North America Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 35. North America Heavy Crude Oil Consumption Market Share by Country (2019-2030)
Figure 36. U.S. Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 37. Canada Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 38. Europe Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 39. Europe Heavy Crude Oil Consumption Market Share by Country (2019-2030)
Figure 40. Germany Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 41. France Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 42. U.K. Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 43. Italy Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 44. Russia Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 45. Asia Pacific Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 46. Asia Pacific Heavy Crude Oil Consumption Market Share by Region (2025-2030)
Figure 47. China Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 48. Japan Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 49. South Korea Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 50. China Taiwan Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 51. Southeast Asia Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 52. India Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 53. Latin America, Middle East & Africa Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 54. Latin America, Middle East & Africa Heavy Crude Oil Consumption Market Share by Country (2019-2030)
Figure 55. Mexico Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 56. Brazil Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 57. Turkey Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 58. GCC Countries Heavy Crude Oil Consumption and Growth Rate (2019-2030) & (Tons)
Figure 59. Global Production Market Share of Heavy Crude Oil by Type (2019-2030)
Figure 60. Global Production Value Market Share of Heavy Crude Oil by Type (2019-2030)
Figure 61. Global Heavy Crude Oil Price (US$/Ton) by Type (2019-2030)
Figure 62. Global Production Market Share of Heavy Crude Oil by Application (2019-2030)
Figure 63. Global Production Value Market Share of Heavy Crude Oil by Application (2019-2030)
Figure 64. Global Heavy Crude Oil Price (US$/Ton) by Application (2019-2030)
Figure 65. Heavy Crude Oil Value Chain
Figure 66. Heavy Crude Oil Production Process
Figure 67. Channels of Distribution (Direct Vs Distribution)
Figure 68. Bottom-up and Top-down Approaches for This Report
Figure 69. Data Triangulation
Published By : QY Research
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