Bunker Oil Market Share, Industry Size, Demand, Regional Players and Forecasts to 2025
The global bunker oil market is estimated to develop at a substantial CAGR for the duration of the prediction. Increasing business of transport by ship, projected to motivate the progress of the international market of the bunker oil above the subsequent years. Bunker oil is evolving as the most important fuel for shipping and maritime business.
The global bunker oil market is estimated to develop at a substantial CAGR for the duration of the prediction. Increasing business of transport by ship, projected to motivate the progress of the international market of the bunker oil above the subsequent years. Bunker oil is evolving as the most important fuel for shipping and maritime business.
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<strong>Bunker</strong> <strong>Oil</strong> <strong>Market</strong> <strong>Share</strong>, <strong>Industry</strong> <strong>Size</strong>, <strong>Dem<strong>and</strong></strong>,<br />
<strong>Regional</strong> <strong>Players</strong> <strong>and</strong> <strong>Forecasts</strong> <strong>to</strong> <strong>2025</strong><br />
<strong>Bunker</strong> <strong>Oil</strong> <strong>Market</strong> Report provides in-depth analysis of industry by Production,<br />
<strong>Share</strong>, <strong>Size</strong>, <strong>Dem<strong>and</strong></strong>, Proposition, Development, Opportunistic Growth,<br />
Economic Trends, Technologies Research, Segmentation, Key Futuristic<br />
Investment Feasibility, Major key players, SWOT Analysis <strong>and</strong> Forecast.<br />
The Global <strong>Bunker</strong> <strong>Oil</strong> <strong>Market</strong> is estimated <strong>to</strong> develop at a substantial CAGR for the duration of the<br />
prediction. Increasing business of transport by ship, projected <strong>to</strong> motivate the progress of the<br />
international market of the bunker oil above the subsequent years. <strong>Bunker</strong> oil is evolving as the<br />
most important fuel for shipping <strong>and</strong> maritime business.<br />
Container <strong>and</strong> ship operatives select the lowermost priced fuel oil existing in the market. As such,<br />
sea passage is the maximum favored method of transport for trade that sequentially necessitates<br />
extra fuel <strong>and</strong> has <strong>to</strong> replenish the tanker a number of times for the duration of the journey. This is<br />
expected <strong>to</strong> boost the global dem<strong>and</strong> for bunker oil above the prediction period.<br />
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Containers consist of huge capacity of load carrying as equated with additional methods of<br />
transport. This is leading the industrialized development. This is additionally most important issue<br />
motivating the progress of the market of bunker oil above the near future. The market is projected<br />
<strong>to</strong> observe speedy development because of globalization <strong>and</strong> growing export <strong>and</strong> actions of import<br />
& export. Tanker vessels were the subsequent most important market due <strong>to</strong> growing trade<br />
activities of liquefied material. The bunker oil market on the source of Type of End User-could span<br />
Gas Tanker, Chemical Tanker, <strong>Oil</strong> Tanker, Container, Fishing Vessel, General Cargo, <strong>and</strong> Bulk Carrier.<br />
The market on the source of Type of Viable Supplier-could span Small Self-regulating, Big Selfregulating,<br />
<strong>and</strong> Big <strong>Oil</strong> Companies. The market on the source of Type could span Marine Gas <strong>Oil</strong><br />
[MGO], Marine Diesel <strong>Oil</strong> [MDO], <strong>and</strong> Residual Fuel <strong>Oil</strong>. The market on the source of Area with<br />
respect <strong>to</strong> Trades in terms of intake, Profits, <strong>Market</strong> stake, <strong>and</strong> Development percentage for the<br />
duration of the prediction could span North America, Europe, Asia Pacific, Latin America <strong>and</strong> Middle<br />
East & Africa.<br />
By the source of geography, North America has the extreme prospective for development in the<br />
bunker oil market because of its plentiful existence in Marine Gas <strong>Oil</strong> [MGO] <strong>and</strong> Ultra Low Sulfur<br />
Fuel <strong>Oil</strong> [ULSFO], <strong>to</strong>gether with International Maritime Organization’s [IMO’s] marine fuel orders.<br />
North America was the leading bunker oil market during the past year because of huge number of<br />
listed fleets <strong>and</strong> gigantic maritime base. The area estimated <strong>to</strong> observe steady development above<br />
the prediction period.<br />
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In the Asia-Pacific, developing marketplaces for example South Korea <strong>and</strong> China are likely <strong>to</strong> observe<br />
maximum dem<strong>and</strong> for bunker fuel, due <strong>to</strong> considerable development in marine line of work. The<br />
area is estimated <strong>to</strong> observe speedy development due <strong>to</strong> growing import <strong>and</strong> export actions<br />
typically in developing nations for example Malaysia, Indonesia, China, <strong>and</strong> India. The European<br />
market is expected <strong>to</strong> observe steady development above the subsequent years.<br />
The statement revises Trades in terms of intake of <strong>Bunker</strong> <strong>Oil</strong> in the market; particularly in North<br />
America, Europe, Asia Pacific, Latin America <strong>and</strong> Middle East & Africa. It concentrates on the
<strong>to</strong>pmost companies operating in these regions. Some of the important companies operating in the<br />
field are Royal Dutch Shell PLC, GAC <strong>Bunker</strong> Fuels Ltd., Exxon Mobil, <strong>Bunker</strong>-Holding A/S, Bomin<br />
<strong>Bunker</strong> <strong>Oil</strong> Corp., KPI Bridge <strong>Oil</strong> A/S, Gazprom Neft PJSC, Chemoil Energy Ltd., BP PLC, <strong>and</strong> Aegean<br />
Marine Petroleum Network Inc.<br />
Additional notable companies operating in the field are Gl<strong>and</strong>er International <strong>Bunker</strong>ing DMCC,<br />
China Marine <strong>Bunker</strong> Company Ltd., Sentek Marine & Trading Pte, Ltd., Petro China Company Ltd.,<br />
Lukoil-<strong>Bunker</strong> OOO, Shanghai Lonyer Fuels Co., Ltd., Gulf Nederl<strong>and</strong>, Dan-<strong>Bunker</strong>ing Inc., <strong>and</strong> World<br />
Fuel Services Corp.<br />
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<strong>Market</strong> Segment:<br />
The major manufacturers covered in this report<br />
• Aegean Marine Petroleum<br />
• <strong>Bunker</strong> Holding<br />
• Chemoil<br />
• Exxon Mobil<br />
• KPI Bridge <strong>Oil</strong><br />
• Bomin<br />
• Gl<strong>and</strong>er<br />
• Sentek<br />
• Transocean <strong>Oil</strong><br />
• BP<br />
• Gazprom
• GAC<br />
• Lukoil-<strong>Bunker</strong><br />
• Shell<br />
Geographically, this report studies the <strong>to</strong>p producers <strong>and</strong> consumers, focuses on product capacity,<br />
production, value, market share <strong>and</strong> growth opportunity in these key regions, covering<br />
• North America<br />
• Europe<br />
• China<br />
• Japan<br />
• Southeast Asia<br />
• India<br />
• Other Regions (India, Southeast Asia, Central & South America <strong>and</strong> Middle East & Africa)<br />
On the basis of product, this report displays the production, revenue, price, market share <strong>and</strong><br />
growth rate of each type, primarily split in<strong>to</strong><br />
• Distillate Fuel <strong>Oil</strong><br />
• Residual Fuel <strong>Oil</strong><br />
On the basis of the end users/applications, this report focuses on the status <strong>and</strong> outlook for major<br />
applications/end users, (sales), market share <strong>and</strong> growth rate for each application, including<br />
• Container Vessels<br />
• Tanker Vessels<br />
• Cargo Vessels<br />
• Other
The key points of this report are:<br />
• To analyze <strong>and</strong> study the global <strong>Bunker</strong> <strong>Oil</strong> capacity, production, value, status (2013-2017) <strong>and</strong><br />
forecast (2018-<strong>2025</strong>);<br />
• Focuses on the key <strong>Bunker</strong> <strong>Oil</strong> manufacturers, <strong>to</strong> study the capacity, production, value, market<br />
share <strong>and</strong> development plans in future.<br />
• Focuses on the global key manufacturers, <strong>to</strong> define, describe <strong>and</strong> analyze the market competition<br />
l<strong>and</strong>scape, SWOT analysis.<br />
• To define, describe <strong>and</strong> forecast the market by type, application <strong>and</strong> region.<br />
• To analyze the global <strong>and</strong> key regions market potential <strong>and</strong> advantage, opportunity <strong>and</strong> challenge,<br />
restraints <strong>and</strong> risks.<br />
• To identify significant trends <strong>and</strong> fac<strong>to</strong>rs driving or inhibiting the market growth.<br />
• To analyze the opportunities in the market for stakeholders by identifying the high growth<br />
segments.<br />
• To strategically analyze each submarket with respect <strong>to</strong> individual growth trend <strong>and</strong> their<br />
contribution <strong>to</strong> the market<br />
• To analyze competitive developments such as expansions, agreements, new product launches,<br />
<strong>and</strong> acquisitions in the market<br />
• To strategically profile the key players <strong>and</strong> comprehensively analyze their growth strategies.<br />
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