Title: Bunker Fuel Market PPT: Opportunities by Types, Demand, Top Manufactures and Application in Grooming Regions
1Global Bunker Fuel Market Research and Forecast
Report 2021-2026
Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
2About IMARC Group
Report Description
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3Report Description and Highlights
Report Description
Global Bunker Fuel Market Research
Report According to the recent report by IMARC
Group, titled Bunker Fuel Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2021-2026, the global bunker fuel
market reached a strong growth in 2020. Bunker
fuel is used to power the engines of a ship or
marine fleet. It is a heavy, residual oil left
over after the extraction of diesel, gasoline,
and other light hydrocarbons during the refining
process. Bunker fuel is brown to black in color
with a characteristic odor and high sulfur
content. It is graded A, B or C, with C being
the most viscous and thickest fuel, which
requires blending or heating to make the liquid
flow easily. If mixed with 10 percent of a light
fuel, the product becomes a cheap fuel
alternative for shipping. Bunker fuel is
transported to ships that are engaged in
international navigation. Request Free Sample
Report https//www.imarcgroup.com/bunker-fuel-mar
ket/requestsample
4Report Description and Highlights
Report Description
Global Bunker Fuel Market Trends One of the
major growth-inducing factors of the market is
the rising demand for the ship transportation
industry. Several ship operators prefer fuel oil
with the lowest price as it incurs more than 65
of the total travel expenses. As bunker fuel is
emerging as a cost-effective option for the
marine and shipping industry, there has been
significant growth in the market. Apart from
this, rapid technological development and gradual
growth in international seaborne trade have also
increased the sales of bunker fuel. Additionally,
there is a high demand for LNG in the
transportation sector as it is a much cleaner and
affordable source of energy in comparison to
conventional sources. This, in turn, is creating
a positive outlook for the market growth. Some
of the other factors fueling the market growth
are rapid globalization, increasing investments
in research and development (RD) projects to
develop clean fuels and government initiatives
toward strengthening geographical border
security. Looking forward, the market value is
projected to reach a strong growth during the
forecast period (2021-2026).
5Report Description and Highlights
Report Description
- Market Summary
- Breakup by Fuel Type
- High Sulfur Fuel Oil (HSFO)
- Very Low Sulfur Fuel Oil (VLSFO)
- Marine Diesel Oil (MDO)
- Liquefied Natural Gas (LNG)
- Â
- Breakup by Vessel Type
- Containers
- Tankers
- General Cargo
- Bulk Carrier
- Others
- Breakup by Seller
- Major Oil Companies
- Leading Independent Sellers
- Small Independent Sellers
6Report Description and Highlights
Report Description
- Breakup by Region
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
7Report Description and Highlights
Report Description
- Latin America
- Brazil
- Mexico
- Argentina
- Columbia
- Chile
- Peru
- Others
- Middle East and Africa Turkey
- Saudi Arabia
- Iran
- United Arab Emirates
- Others
- Note We are updating our reports, If you want
latest primary and secondary data (2021-2026)
with Cost Module, Business Strategy, Distribution
Channel, etc. Click request free sample report.
8Report Description and Highlights
Report Description
- Competitive Landscape with Key Players
- Bomin Bunker Holding GmbH Co. KG (Marquard
Bahls AG) - BP Plc
- Chevron Corporation
- Exxon Mobil Corporation
- Gazprom Neft PJSC (Gazprom)
- LUKOIL
- Neste Oyj
- Petroliam Nasional Berhad (PETRONAS)
- Royal Dutch Shell Plc and TOTAL S.A
- View Full Report with TOC List of Figure
https//www.imarcgroup.com/bunker-fuel-market
9Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
10Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
11Report Description and Highlights
Report Description
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