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Bunker Fuel Market, by Fuel Grade, by Vessel Type, by Seller, by Region - Size, Share, Outlook, and Opportunity Analysis, 2022-2030

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    Report

  • 120 Pages
  • October 2022
  • Region: Global
  • Coherent Market Insights Pvt Ltd.
  • ID: 5327707
Bunker fuel is also known as marine diesel or marine gasoil and is a final solid product obtained from oil refining. It is available in two forms: fuel grade and calcined grade. Power generation, construction, and metal industry are some of the major end-user of the bunker fuel. It is also used in the production of titanium and fertilizers.

Market Dynamics

Rapid industrialization and urbanization across emerging countries have significantly raised the demand for bunker fuel. Growth in the seaport trade has increased the consumption of fuels in ship bunkers, thereby fueling the market growth of the bunker fuel. Moreover, rising demand for petroleum products along with the increasing number of tanker vessels around the globe is further expected to foster the market growth of bunker fuel.

Increasing focus of bunker providers to open bunkering facilities in ports that are near offshore hydrocarbon is acting as a catalyst in the growth of the bunker fuel market. Increase in offshore production and exploration activities is also expected to foster the market growth of the bunker fuel over the forecast period. Moreover, the growing development of LNG bunkering infrastructure is further anticipated to spur the market growth.

Strict regulation regarding usage of bunker fuel as these contain pollutants such as sulphur and nitrogen is expected to hinder the market growth.

Key features of the study:

  • This report provides an in-depth analysis of global bunker fuel market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global bunker fuel market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Chemoil Energy Limited, Aegean Marine Petroleum Network, Inc., World Fuel Services Corporation, Gulf Agency Company Ltd., Gazpromneft Marine Bunker LLC, BP Marine Ltd., Exxon Mobil Corporation, Royal Dutch Shell plc, Bunker Holding A/S, and Lukoil-Bunker LLC
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
  • The global bunker fuel market report caters to various stakeholders in this industry including investors, suppliers, sodium hypochlorite manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global bunker fuel market

Detailed Segmentation:

Global Bunker Fuel Market, By Fuel Grade:

  • IPO 380
  • IPO 180
  • IPO Others
  • MDO/MGO

Global Bunker Fuel Market, By Vessel Type:

  • Tankers
  • Containers
  • Bulk & General Cargo
  • Others
  • Global Bunker Fuel Market, By Seller
  • Major Oil Companies
  • Leading Independent Distributors
  • Small Independent Distributors

Global Bunker Fuel Market, By Region:

  • North America

By Country:

  • U.S
  • Canada
  • Latin America

By Country:

  • Brazil
  • Mexico
  • Rest of Latin America
  • Europe

By Country:

  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
  • Asia Pacific

By Country:

  • China
  • India
  • Japan
  • ASEAN
  • Australia
  • South Korea
  • Rest of Asia Pacific
  • Middle East & Africa

By Country:

  • Middle East
  • Africa

Company Profiles

  • Chemoil Energy Limited *
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments
  • Future Plans
  • Aegean Marine Petroleum Network, Inc.
  • World Fuel Services Corporation
  • Gulf Agency Company Ltd.
  • Gazpromneft Marine Bunker LLC
  • BP Marine Ltd.
  • Exxon Mobil Corporation
  • Royal Dutch Shell plc
  • Bunker Holding A/S
  • Lukoil-Bunker LLC
Frequently Asked Questions about the Bunker Fuel Market

What is the estimated value of the Bunker Fuel Market?

The Bunker Fuel Market was estimated to be valued at $25631.59 Million in 2021.

What is the growth rate of the Bunker Fuel Market?

The growth rate of the Bunker Fuel Market is 5.4%, with an estimated value of $41217.42 Million by 2030.

What is the forecasted size of the Bunker Fuel Market?

The Bunker Fuel Market is estimated to be worth $41217.42 Million by 2030.

Who are the key companies in the Bunker Fuel Market?

Key companies in the Bunker Fuel Market include Chemoil Energy Limited, Aegean Marine Petroleum Network, Inc., World Fuel Services Corporation, Gulf Agency Company Ltd., Gazpromneft Marine Bunker LLC, BP Marine Ltd., Exxon Mobil Corporation, Royal Dutch Shell plc and Lukoil.

Table of Contents

1. Research Objectives and Assumptions
  • Research Objectives
  • Assumptions
  • Abbreviations
2. Market Purview
  • Report Description
  • Market Definition and Scope
  • Executive Summary
  • Market Snippet, By Fuel Grade
  • Market Snippet, By Vessel Type
  • Market Snippet, By Seller
  • Market Snippet, By Region
  • Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
  • Market Dynamics
  • Drivers
  • Restraints
  • PEST Analysis
  • PORTER’s Five Forces Analysis
  • Market Opportunities
  • Regulatory Scenario
  • Key Developments
  • Industry Trend
4. Global Bunker Fuel Market - Impact of Coronavirus (COVID-19) Pandemic
  • Overview
  • Factors Affecting Global Bunker Fuel Market - COVID-19
  • Impact Analysis
5. Global Bunker Fuel Market, By Fuel Grade, 2017-2030 (US$ Million)
  • Introduction
  • Market Share Analysis, 2022, 2025, and 2030 (%)
  • Y-o-Y Growth Analysis, 2017 - 2030
  • Segment Trends
  • IFO 380
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
  • IFO 180
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
  • IFO Others
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
  • MDO/ MGO
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
6. Global Bunker Fuel Market, By Vessel Type Industry, 2017-2030 (US$ Million)
  • Introduction
  • Market Share Analysis, 2022, 2025, and 2030 (%)
  • Y-o-Y Growth Analysis, 2017 - 2030
  • Segment Trends
  • Tankers
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
  • Containers
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
  • Bulk & General Cargo
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
  • Others
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million
7. Global Bunker Fuel Market, By Seller, 2017-2030 (US$ Million)
  • Introduction
  • Market Share Analysis, 2022, 2025, and 2030 (%)
  • Y-o-Y Growth Analysis, 2017 - 2030
  • Segment Trends
  • Major Oil Companies
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
  • Leading Independent Distributors
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
  • Small Independent Distributors
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
8. Global Bunker Fuel Market, By Region, 2017-2030 (US$ Million)
  • Introduction
  • Market Share Analysis, By Region, 2022, 2025, and 2030 (%)
  • Y-o-Y Growth Analysis, For Region, 2017 - 2030
  • North America
  • Market Share Analysis, By Country, 2017, 2025 and 2030 (%)
  • Y-o-Y Growth Analysis, By Country, 2017 - 2030
  • Market Size and Forecast, By Fuel Grade, 2017- 2030 (US$ Million)
  • Market Size and Forecast, By Vessel Type, 2017- 2030 (US$ Million)
  • Market Size and Forecast, By Seller, 2017- 2030 (US$ Million)
  • Countries
  • U.S.
  • Canada
  • Latin America
  • Market Share Analysis, By Country, 2017, 2025 and 2030 (%)
  • Y-o-Y Growth Analysis, By Country, 2017 - 2030
  • Market Size and Forecast, By Fuel Grade, 2017- 2030 (US$ Million)
  • Market Size and Forecast, By Vessel Type, 2017- 2030 (US$ Million)
  • Market Size and Forecast, By Seller, 2017- 2030 (US$ Million)
  • Countries
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Market Share Analysis, By Country, 2017, 2025 and 2030 (%)
  • Y-o-Y Growth Analysis, By Country, 2017 - 2030
  • Market Size and Forecast, By Fuel Grade, 2017- 2030 (US$ Million)
  • Market Size and Forecast, By Vessel Type, 2017- 2030 (US$ Million)
  • Market Size and Forecast, By Seller, 2017- 2030 (US$ Million)
  • Countries
  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
  • Asia Pacific
  • Market Share Analysis, By Country, 2017, 2025 and 2030 (%)
  • Y-o-Y Growth Analysis, By Country, 2017 - 2030
  • Market Size and Forecast, By Fuel Grade, 2017- 2030 (US$ Million)
  • Market Size and Forecast, By Vessel Type, 2017- 2030 (US$ Million)
  • Market Size and Forecast, By Seller, 2017- 2030 (US$ Million)
  • Countries
  • China
  • India
  • Japan
  • Australia
  • ASEAN
  • South Korea
  • Rest of Asia Pacific
  • Middle East & Africa
  • Market Share Analysis, By Country, 2017, 2025 and 2030 (%)
  • Y-o-Y Growth Analysis, By Country, 2017 - 2030
  • Market Size and Forecast, By Fuel Grade, 2017- 2030 (US$ Million)
  • Market Size and Forecast, By Vessel Type, 2017- 2030 (US$ Million)
  • Market Size and Forecast, By Seller, 2017- 2030 (US$ Million)
  • Countries
  • Middle East
  • Africa
9. Competitive Landscape
  • Heat Map Analysis
  • Market Share Analysis (3x3 Matrix)
  • Company Profiles
  • Chemoil Energy Limited
  • Company Overview
  • Product Portfolio
  • Recent Developments/Updates
  • Aegean Marine Petroleum Network, Inc.
  • Company Overview
  • Product Portfolio
  • Recent Developments/Updates
  • World Fuel Services Corporation
  • Company Overview
  • Product Portfolio
  • Recent Developments/Updates
  • Gulf Agency Company Ltd.
  • Company Overview
  • Product Portfolio
  • Recent Developments/Updates
  • Gazpromneft Marine Bunker LLC
  • Company Overview
  • Product Portfolio
  • Recent Developments/Updates
  • BP Marine Ltd.
  • Company Overview
  • Product Portfolio
  • Recent Developments/Updates
  • Exxon Mobil Corporation
  • Company Overview
  • Product Portfolio
  • Recent Developments/Updates
  • Royal Dutch Shell plc.
  • Company Overview
  • Product Portfolio
  • Recent Developments/Updates
  • Bunker Holding A/S
  • Company Overview
  • Product Portfolio
  • Recent Developments/Updates
  • Lukoil-Bunker LLC
  • Company Overview
  • Product Portfolio
  • Recent Developments/Updates
10. Section
  • References
  • Research Methodology
  • About Us and Sales Contact

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Chemoil Energy Limited
  • Aegean Marine Petroleum Network, Inc.
  • World Fuel Services Corporation
  • Gulf Agency Company Ltd.
  • Gazpromneft Marine Bunker LLC
  • BP Marine Ltd.
  • Exxon Mobil Corporation
  • Royal Dutch Shell plc
  • Bunker Holding A/S
  • Lukoil-Bunker LLC