The global Very Low Sulphur Fuel Oil (VLSFO) Market is witnessing a notable surge in demand, primarily driven by stringent International Maritime Organization (IMO) regulations and the growing emphasis on cleaner fuels. The market, valued at USD 155.3 billion in 2023, is projected to grow at a CAGR of 6.9% from 2024 to 2032, reaching approximately USD 283.1 billion by 2032.
The maritime...
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