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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Industrial Diesel Oil (IDO) a mixture of diesel and heavy fuel oil is mostly utilised in small industrial and hospitality applications for heating, power generation, and water/steam boilers. IDO's primary benefit over diesel is its cheaper cost.
Diesel fuel, commonly known as diesel oil, is a flammable liquid that is used to power diesel engines. It is often made from crude oil fractions that are less volatile than those used to make gasoline.
In contrast to gasoline engines, diesel engines use the heat of the compressed air in the cylinder to ignite the fuel, which is delivered as a spray into the hot air. Diesel fuel burns with more energy than equal amounts of gasoline, resulting in diesel engines' superior fuel efficiency over gasoline engines.
Diesel fuel retail prices have historically been cheaper than those of gasoline because the manufacturing of diesel fuel involves fewer refinery processes than that of gasoline (depending on the location, season, and taxes and regulations).
However, diesel fuel, at least in its conventional form, emits higher levels of some air pollutants, including sulphur and solid carbon particulates. As a result, the cost savings that diesel has over gasoline may be offset by the additional refinery processes and emission-control measures necessary to reduce these emissions.
Additionally, diesel fuel's higher carbon dioxide emissions per unit than those of gasoline cancel out part of the efficiency gains.
The Global Industrial Diesel Oil (IDO) market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Increasing Demand Driven by the Power Generation Sector. Industrial oil enhances the smooth operation of the engines and equipment in the power generation industry by reducing machine wear and tear.
Additionally, it aids in increasing productivity, reducing operational expenses, and protecting the environment. Industrial oil is utilised in a variety of power generation facilities, including gas turbine power plants, natural gas engines, and coal power plants.
Due to the rising need for electricity around the world, the power generation industry is anticipated to develop in recent years. The growing need for electricity in the commercial, industrial, and residential sectors is also a major driver of the rise in power prices, which in turn is supporting the demand for industrial oil.
Additionally, the emergence of new energy sector technologies, such as decarbonization technologies, is enhancing the growth of the power production industry. The expansion of industrial oil sales is anticipated to be fueled by significant investments and increased electrical energy consumption.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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