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Global Bunker Fuel Sales Market Report 2021
SKU ID : QYR-17341366 | Publishing Date : 08-Feb-2021 | No. of pages : 144
Bunker fuel is technically any type of fuel oil used aboard vessels. This kind of material can be broken down into different categories based on its chemical composition, intended purpose, and boiling temperature. In comparison with other petroleum products, bunker fuel is extremely crude and highly polluting.
The global consumption of bunker fuel increases from 261.89 Million Tonnes in 2013 to 285.13 Million Tonnes in 2017, and expect to grow at a CAGR of 2.49% from 2017 to 2024. The major consumption is concentrated in United States, Europe, China, etc. Asia Pacific is another key market for the global bunker fuel industry, China and Singapore being the main contributors to this industry. In 2017, Singapore bunker fuel consumption share was about 17.76% in 2017. GCC Countries consumption share took 11.02% and USA consumption share took 8.69%. In 2017, China took about 8.45% production market share, even though China is on the top list of marine transportation countries. In terms of bunker ports, Singapore, Fujairah, Rotterdam, Busan, Kongkong and Antwerp.
Market Analysis and Insights: Global Bunker Fuel Market
The global Bunker Fuel market was valued at US$ 132830 in 2020 and will reach US$ 205000 million by the end of 2027, growing at a CAGR of 7.5% during 2022-2027.
Global Bunker Fuel Scope and Market Size
The global Bunker Fuel market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Bunker Fuel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Distillate Fuel Oil
Residual Fuel Oil
LNG
Segment by Application
Tanker Vessels
Container Vessels
Bulk Vessels
General Cargo Vessels
Other
The Bunker Fuel market is analysed and market size information is provided by regions (countries). Segment by Application, the Bunker Fuel market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
World Fuel Services
Bunker Holding
Chemoil
Aegean Marine Petroleum
China Marine Bunker
Bright Oil
BP
Exxon Mobil
Shell
Sinopec
Lukoil-Bunker
Total Marine Fuel
Gazpromneft
China Changjiang Bunker
Southern Pec
GAC
Shanghai Lonyer Fuels
The global consumption of bunker fuel increases from 261.89 Million Tonnes in 2013 to 285.13 Million Tonnes in 2017, and expect to grow at a CAGR of 2.49% from 2017 to 2024. The major consumption is concentrated in United States, Europe, China, etc. Asia Pacific is another key market for the global bunker fuel industry, China and Singapore being the main contributors to this industry. In 2017, Singapore bunker fuel consumption share was about 17.76% in 2017. GCC Countries consumption share took 11.02% and USA consumption share took 8.69%. In 2017, China took about 8.45% production market share, even though China is on the top list of marine transportation countries. In terms of bunker ports, Singapore, Fujairah, Rotterdam, Busan, Kongkong and Antwerp.
Market Analysis and Insights: Global Bunker Fuel Market
The global Bunker Fuel market was valued at US$ 132830 in 2020 and will reach US$ 205000 million by the end of 2027, growing at a CAGR of 7.5% during 2022-2027.
Global Bunker Fuel Scope and Market Size
The global Bunker Fuel market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Bunker Fuel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Distillate Fuel Oil
Residual Fuel Oil
LNG
Segment by Application
Tanker Vessels
Container Vessels
Bulk Vessels
General Cargo Vessels
Other
The Bunker Fuel market is analysed and market size information is provided by regions (countries). Segment by Application, the Bunker Fuel market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
World Fuel Services
Bunker Holding
Chemoil
Aegean Marine Petroleum
China Marine Bunker
Bright Oil
BP
Exxon Mobil
Shell
Sinopec
Lukoil-Bunker
Total Marine Fuel
Gazpromneft
China Changjiang Bunker
Southern Pec
GAC
Shanghai Lonyer Fuels
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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