The world is currently experiencing a huge challenge which has affected all the industries and markets. Few markets have experienced a high growth in their demand while others have faced a downfall. The extent of growth or drop in the market statistics of different industries by COVID 19 plays an important role in how the future of businesses will shape up in the near future. We at Value Market Research provide you with an impact analysis of COVID 19 on this market with its latest update in the purchased version of the report.
Global Bunker Fuel Market Report By Grade (MGO/MDO, LSFO, And HFO), Type (Bunker A, Bunker B, and Bunker C), Distributor (Major Companies, Small Independent, And Large Independent), End-User (Tanker Fleet, Container Fleet, Bulk And General Cargo Fleet, And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028
ID:VMR11210254
February 2022
Report Formats: Electronic (PDF), MS EXCEL
As per this study the Global Bunker Fuel Market was valued USD XX BN (by revenue) in 2021 and is anticipated to reach USD XX BN by 2028 with a CAGR of XX%.
Bunker fuel is the fuel oil/gas which is delivered to ships of all nations that are involved in international navigation. Bunker fuel can be classified into distillates and residual fuel oils. Marine distillates are further divided into marine gas oil (MGO) and marine diesel oil (MDO). Among which, marine gas oils are used in very small and highly rated diesel engines, which are found in many types of ships. Residual fuel oil is also known as heavy fuel oil (HFO), which has the highest viscosity among oil fuel. Intermediate fuel oils, IFO180, and IFO380 are some of the most commonly used heavy fuel oil at sea.
Market Dynamics
The bunker fuel market is projected to experience robust growth in the near future owing to the surging demand from the shipping industry and the oil & gas sector. The shipping industry is witnessing massive growth owing to increasing sea trade across the globe. Also, rising usage of sea vessels along with the rising demand from the shipping industry, oil & gas sector is providing a huge impetus growth to bunker fuel market. Rising offshore exploration and production activities which takes place through bunker fuels is further augmenting the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of bunker fuel.
Market Segmentation
The broad bunker fuel market has been sub-grouped into grade, type, distributor and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Grade
By Type
By Distributor
By End-User
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for bunker fuel in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Bunker Fuel Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the bunker fuel market includes Aegean Marine Petroleum Network, Inc., Bomin Bunker Oil Corp., BP PLC, Bunker Holding A/S, Chemoil Energy Limited, Exxon Mobil Corporation, GAC Bunker Fuels Ltd., Gazpromneft Marine Bunker LLC, KPI Bridge Oil A/S, Lukoil-Bunker LLC, Royal Dutch Shell Plc, and World Fuel Services Corporation. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
Bunker fuel is the fuel oil/gas which is delivered to ships of all nations that are involved in international navigation. Bunker fuel can be classified into distillates and residual fuel oils. Marine distillates are further divided into marine gas oil (MGO) and marine diesel oil (MDO). Among which, marine gas oils are used in very small and highly rated diesel engines, which are found in many types of ships. Residual fuel oil is also known as heavy fuel oil (HFO), which has the highest viscosity among oil fuel. Intermediate fuel oils, IFO180, and IFO380 are some of the most commonly used heavy fuel oil at sea.
Market Dynamics
The bunker fuel market is projected to experience robust growth in the near future owing to the surging demand from the shipping industry and the oil & gas sector. The shipping industry is witnessing massive growth owing to increasing sea trade across the globe. Also, rising usage of sea vessels along with the rising demand from the shipping industry, oil & gas sector is providing a huge impetus growth to bunker fuel market. Rising offshore exploration and production activities which takes place through bunker fuels is further augmenting the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of bunker fuel.
Market Segmentation
The broad bunker fuel market has been sub-grouped into grade, type, distributor and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Grade
- MGO/MDO
- LSFO
- HFO
By Type
- Bunker A
- Bunker B
- Bunker C
By Distributor
- Major Companies
- Small Independent
- Large Independent
By End-User
- Tanker Fleet
- Container Fleet
- Bulk and General Cargo Fleet
- Others
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for bunker fuel in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Bunker Fuel Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the bunker fuel market includes Aegean Marine Petroleum Network, Inc., Bomin Bunker Oil Corp., BP PLC, Bunker Holding A/S, Chemoil Energy Limited, Exxon Mobil Corporation, GAC Bunker Fuels Ltd., Gazpromneft Marine Bunker LLC, KPI Bridge Oil A/S, Lukoil-Bunker LLC, Royal Dutch Shell Plc, and World Fuel Services Corporation. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . BUNKER FUEL – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Grade
3.7.2 Market Attractiveness Analysis By Type
3.7.3 Market Attractiveness Analysis By Distributor
3.7.4 Market Attractiveness Analysis By End-User
3.7.5 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL BUNKER FUEL MARKET ANALYSIS BY GRADE
6.1 Overview by Grade
6.2 Historical and Forecast Data
6.3 Analysis by Grade
6.4 MGO/MDO Historic and Forecast Sales by Regions
6.5 LSFO Historic and Forecast Sales by Regions
6.6 HFO Historic and Forecast Sales by Regions
7 . GLOBAL BUNKER FUEL MARKET ANALYSIS BY TYPE
7.1 Overview by Type
7.2 Historical and Forecast Data
7.3 Analysis by Type
7.4 Bunker A Historic and Forecast Sales by Regions
7.5 Bunker B Historic and Forecast Sales by Regions
7.6 Bunker C Historic and Forecast Sales by Regions
8 . GLOBAL BUNKER FUEL MARKET ANALYSIS BY DISTRIBUTOR
8.1 Overview by Distributor
8.2 Historical and Forecast Data
8.3 Analysis by Distributor
8.4 Major Companies Historic and Forecast Sales by Regions
8.5 Small Independent Historic and Forecast Sales by Regions
8.6 Large Independent Historic and Forecast Sales by Regions
9 . GLOBAL BUNKER FUEL MARKET ANALYSIS BY END-USER
9.1 Overview by End-User
9.2 Historical and Forecast Data
9.3 Analysis by End-User
9.4 Tanker Fleet Historic and Forecast Sales by Regions
9.5 Container Fleet Historic and Forecast Sales by Regions
9.6 Bulk and General Cargo Fleet Historic and Forecast Sales by Regions
9.7 Others Historic and Forecast Sales by Regions
10 . GLOBAL BUNKER FUEL MARKET ANALYSIS BY GEOGRAPHY
10.1. Regional Outlook
10.2. Introduction
10.3. North America Sales Analysis
10.3.1. Overview, Historic and Forecast Sales Analysis
10.3.2. North America By Segment Sales Analysis
10.3.3. North America By Country Sales Analysis
10.3.4. United State Sales Analysis
10.3.5. Canada Sales Analysis
10.3.6. Mexico Sales Analysis
10.4. Europe Sales Analysis
10.4.1. Overview, Historic and Forecast Sales Analysis
10.4.2. Europe by Segment Sales Analysis
10.4.3. Europe by Country Sales Analysis
10.4.4. United Kingdom Sales Analysis
10.4.5. France Sales Analysis
10.4.6. Germany Sales Analysis
10.4.7. Italy Sales Analysis
10.4.8. Russia Sales Analysis
10.4.9. Rest Of Europe Sales Analysis
10.5. Asia Pacific Sales Analysis
10.5.1. Overview, Historic and Forecast Sales Analysis
10.5.2. Asia Pacific by Segment Sales Analysis
10.5.3. Asia Pacific by Country Sales Analysis
10.5.4. China Sales Analysis
10.5.5. India Sales Analysis
10.5.6. Japan Sales Analysis
10.5.7. South Korea Sales Analysis
10.5.8. Australia Sales Analysis
10.5.9. Rest Of Asia Pacific Sales Analysis
10.6. Latin America Sales Analysis
10.6.1. Overview, Historic and Forecast Sales Analysis
10.6.2. Latin America by Segment Sales Analysis
10.6.3. Latin America by Country Sales Analysis
10.6.4. Brazil Sales Analysis
10.6.5. Argentina Sales Analysis
10.6.6. Peru Sales Analysis
10.6.7. Chile Sales Analysis
10.6.8. Rest of Latin America Sales Analysis
10.7. Middle East & Africa Sales Analysis
10.7.1. Overview, Historic and Forecast Sales Analysis
10.7.2. Middle East & Africa by Segment Sales Analysis
10.7.3. Middle East & Africa by Country Sales Analysis
10.7.4. Saudi Arabia Sales Analysis
10.7.5. UAE Sales Analysis
10.7.6. Israel Sales Analysis
10.7.7. South Africa Sales Analysis
10.7.8. Rest Of Middle East And Africa Sales Analysis
11 . COMPETITIVE LANDSCAPE OF THE BUNKER FUEL COMPANIES
11.1. Bunker Fuel Market Competition
11.2. Partnership/Collaboration/Agreement
11.3. Merger And Acquisitions
11.4. New Product Launch
11.5. Other Developments
12 . COMPANY PROFILES OF BUNKER FUEL INDUSTRY
12.1. Top 10 Company Share Analysis
12.2. Market Concentration Rate
12.3. Aegean Marine Petroleum Network Inc.
12.3.1. Company Overview
12.3.2. Company Revenue
12.3.3. Products
12.3.4. Recent Developments
12.4. Bomin Bunker Oil Corp.
12.4.1. Company Overview
12.4.2. Company Revenue
12.4.3. Products
12.4.4. Recent Developments
12.5. BP PLC
12.5.1. Company Overview
12.5.2. Company Revenue
12.5.3. Products
12.5.4. Recent Developments
12.6. Bunker Holding A/S
12.6.1. Company Overview
12.6.2. Company Revenue
12.6.3. Products
12.6.4. Recent Developments
12.7. Chemoil Energy Limited
12.7.1. Company Overview
12.7.2. Company Revenue
12.7.3. Products
12.7.4. Recent Developments
12.8. Exxon Mobil Corporation
12.8.1. Company Overview
12.8.2. Company Revenue
12.8.3. Products
12.8.4. Recent Developments
12.9. GAC Bunker Fuels Ltd.
12.9.1. Company Overview
12.9.2. Company Revenue
12.9.3. Products
12.9.4. Recent Developments
12.10. Gazpromneft Marine Bunker LLC
12.10.1. Company Overview
12.10.2. Company Revenue
12.10.3. Products
12.10.4. Recent Developments
12.11. KPI Bridge Oil A/S
12.11.1. Company Overview
12.11.2. Company Revenue
12.11.3. Products
12.11.4. Recent Developments
12.12. Lukoil-Bunker LLC
12.12.1. Company Overview
12.12.2. Company Revenue
12.12.3. Products
12.12.4. Recent Developments
12.13. Royal Dutch Shell Plc
12.13.1. Company Overview
12.13.2. Company Revenue
12.13.3. Products
12.13.4. Recent Developments
12.14. World Fuel Services Corporation
12.14.1. Company Overview
12.14.2. Company Revenue
12.14.3. Products
12.14.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Grade (USD MN)
- MGO/MDO Market Sales by Geography (USD MN)
- LSFO Market Sales by Geography (USD MN)
- HFO Market Sales by Geography (USD MN)
- Analysis Market by Type (USD MN)
- Bunker A Market Sales by Geography (USD MN)
- Bunker B Market Sales by Geography (USD MN)
- Bunker C Market Sales by Geography (USD MN)
- Analysis by Distributor (USD MN)
- Major Companies Market Sales by Geography (USD MN)
- Small Independent Market Sales by Geography (USD MN)
- Large Independent Market Sales by Geography (USD MN)
- Analysis by End-User (USD MN)
- Tanker Fleet Market Sales by Geography (USD MN)
- Container Fleet Market Sales by Geography (USD MN)
- Bulk and General Cargo Fleet Market Sales by Geography (USD MN)
- Others Market Sales by Geography (USD MN)
- Global Bunker Fuel Market Sales by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Bunker Fuel Report
- Market Research Process
- Market Research Methodology
- Global Bunker Fuel Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Grade
- Market Attractiveness Analysis by Type
- Market Attractiveness Analysis by Distributor
- Market Attractiveness Analysis by End-User
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis Grade (USD MN)
- MGO/MDO Market Sales by Geography (USD MN)
- LSFO Market Sales by Geography (USD MN)
- HFO Market Sales by Geography (USD MN)
- Global Market Analysis by Type (USD MN)
- Bunker A Market Sales by Geography (USD MN)
- Bunker B Market Sales by Geography (USD MN)
- Bunker C Market Sales by Geography (USD MN)
- Global Market Analysis by Distributor (USD MN)
- Major Companies Market Sales by Geography (USD MN)
- Small Independent Market Sales by Geography (USD MN)
- Large Independent Market Sales by Geography (USD MN)
- Global Market Analysis by End-User (USD MN)
- Tanker Fleet Market Sales by Geography (USD MN)
- Container Fleet Market Sales by Geography (USD MN)
- Bulk and General Cargo Fleet Market Sales by Geography (USD MN)
- Others Market Sales by Geography (USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Top 10 Company Share Analysis
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
Related Categories
Petrochemicals
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Objectives of Study
- Define and measure the global market
- Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments