Technavio has been monitoring the diesel fuel market and it is poised to grow by USD 92.15 billion during 2020-2024, progressing at a CAGR of over 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Diesel Fuel Market 2020-2024 (Graphic: Business Wire)
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio’s latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Diesel Fuel Market. Download free sample report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BP Plc, Chevron Corp, Exxon Mobil Corp., PetroChina Co. Ltd., Qatar Petroleum, Reliance Industries Ltd., Rosneft Oil Co., Royal Dutch Shell Plc, Saudi Arabian Oil Co., and SK Energy Co. Ltd. are some of the major market participants. The increasing oil and gas E&P investments will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The increasing oil and gas E&P investments have been instrumental in driving the growth of the market.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/diesel-fuel-market-industry-analysis
Diesel Fuel Market 2020-2024: Segmentation
Diesel Fuel Market is segmented as below:
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Diesel Fuel Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our diesel fuel market report covers the following areas:
- Diesel Fuel Market Trends
- Diesel Fuel Market Industry Analysis
This study identifies the increasing adoption of hybrid power systems as one of the prime reasons driving the diesel fuel market growth during the next few years.
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Diesel Fuel Market 2020-2024 : Key Highlights
- CAGR of the…