The global marine fuel market was valued at US$148.739 billion in 2019 and is expected to grow at a CAGR of 0.84% over the forecast period to reach a total market size of US$156.426 billion in 2025. Expanding the quantity of favorable economic accords being marked among various nations or potential areas is additionally foreseen to increase the sea exchange volume, along these lines decidedly affecting the general development of the worldwide marine fuel market.
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