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, 2019-2026
ID:VMR11210254
January 2020
Report Formats:
As per this study the Global Bunker Fuel Market was valued USD 125.4 BN (by revenue) in 2018 and is anticipated to reach USD 170 BN by 2025 with a CAGR of 4.5%.
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.
Europe Bunker Fuel Market By Revenue (USD MN)
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.
METHODOLOGY:
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.
1. INTRODUCTION
- Introduction To Bunker Fuel
- Report Description
- Objectives Of The Study
- Assumptions
- Research Scope
- Research Methodology
- Data Source
2. EXECUTIVE SUMMARY
- Market Highlight
- Global Bunker Fuel Market: Snapshot
3. MARKET ANALYSIS
- Drivers
- Restraints
- Opportunities
- Porter’s Five Forces Analysis
- Value Chain Analysis
4. BUNKER FUEL MARKET ANALYSIS BY GRADE
- Market In MGO/MDO
- Market In LSFO
- Market In HFO
5. BUNKER FUEL MARKET ANALYSIS BY TYPE
- Market In Bunker A
- Market In Bunker B
- Market In Bunker C
6. BUNKER FUEL MARKET ANALYSIS BY DISTRIBUTOR
- Market In Major Companies
- Market In Small Independent
- Market In Large Independent
7. BUNKER FUEL MARKET ANALYSIS BY END-USER
- Market In Tanker Fleet
- Market In Container Fleet
- Market In Bulk and General Cargo Fleet
- Market In Others
8. BUNKER FUEL MARKET ANALYSIS BY GEOGRAPHY
- North America (NA)
- North America Market Estimates
- North America Market Estimates By Country
- United States (U.S.) Market Estimates By Segments
- Rest Of North America Market Estimates By Segments
- Europe (EU)
- Europe Market Estimates
- Europe Market Estimates By Country
- United Kingdom (UK) Market Estimates By Segments
- Germany Market Estimates By Segments
- France Market Estimates By Segments
- Rest Of Europe Market Estimates By Segments
- Asia Pacific (APAC)
- Asia Pacific Market Estimates
- Asia Pacific Market Estimates By Country
- China Market Estimates By Segments
- Japan Market Estimates By Segments
- India Market Estimates By Segments
- Rest Of Asia Pacific Market Estimates By Segments
- Latin America (LA)
- Latin America Market Estimates
- Latin America Market Estimates By Country
- Brazil Market Estimates By Segments
- Rest Of Latin America Market Estimates By Segments
- Middle East And Africa (MEA)
- Middle East And Africa Market Estimates
- Middle East And Africa Market Estimates By Country
- Middle East Market Estimates By Segments
- Africa Market Estimates By Segments
9. COMPETITIVE LANDSCAPE OF THE BUNKER FUEL COMPANIES
- Market Competition
- Partnerships/Collaborations/Agreements
- Mergers And Acquisitions
- New Product Launches
- Other Developments
10. COMPANY PROFILES OF THE BUNKER FUEL INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
- 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
- World Fuel Services Corporation
* Tentative TOC
LIST OF TABLES
Table 1. Market Highlights Of Bunker Fuel
Table 2. Global Bunker Fuel Market By Grade
Table 3. Global Bunker Fuel Market By Type
Table 4. Global Bunker Fuel Market By Distributor
Table 5. Global Bunker Fuel Market By End-User
Table 6. Global Bunker Fuel Market By Geography
Table 7. North America Bunker Fuel Market
Table 8. Europe Bunker Fuel Market
Table 9. Asia Pacific Bunker Fuel Market
Table 10. Latin America Bunker Fuel Market
Table 11. Middle East And Africa Bunker Fuel Market
Table 12. Partnership/Collaboration/Agreements
Table 13. Mergers And Acquisitions
Table 14. New Product Development
Table 15. Other Developments
LIST OF FIGURES
Fig. 1. Market Segmentation Of Bunker Fuel Market
Fig. 2. Top-Down Approach
Fig. 3. Bottom-Up Approach
Fig. 4. Market Highlights Of Bunker Fuel
Fig. 5. Porter’s Five Forces Analysis
Fig. 6. Value Chain Analysis
Fig. 7. Global Bunker Fuel Market By Grade
Fig. 8. Global Bunker Fuel Market By Type
Fig. 9. Global Bunker Fuel Market By Distributor
Fig. 10. Global Bunker Fuel Market By End-User
Fig. 11. Global Bunker Fuel Market By Geography
Fig. 12. North America Bunker Fuel Market
Fig. 13. Europe Bunker Fuel Market
Fig. 14. Asia Pacific Bunker Fuel Market
Fig. 15. Latin America Bunker Fuel Market
Fig. 16. Middle East And Africa Bunker Fuel Market
Fig. 17. Market Share Of Bunker Fuel Companies
Fig. 18. Recent Developments In Bunker Fuel Industry
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
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
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