Global Bunker Fuel Market

- Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025

  • Date Materials and Chemicals
  • Date March 2017
  • price $3619
 
 

Bunker Fuel Market Overview

Global Bunker Fuel Market is expected to grow at a CAGR of 3.4% from 2017 to 2025. Bunker fuel is the term used to describe the oil used in the bunkers of heavy, deep-sea cargo ships to power its engines. These cargo ships usually use heavy residue oil left after the extraction of lighter fractions like diesel, gasoline, and other light hydrocarbons. Bunker fuel is also called as fuel oil and is a thick and highly viscous oil, sometimes requiring heating or mixing with 10% diesel to burn. It is highly toxic, persistent, and biologically harmful. 

The Global Bunker Fuel Market is segmented based on fuel grade, end-user, and geography. Based on fuel grade, the market is divided into Intermediate fuel oil (IFO) 380, Intermediate fuel oil (IFO) 180, Intermediate fuel oil (IFO) others, and Marine gas oil (MGO)/Marine diesel Oil (MDO). According to end-user, it is categorized into container vessels, tankers vessels, bulk & general cargo vessels, and other vessels. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.

Bunker Fuel Market Dynamics:

Drivers:

  • Increasing hydrocarbon resource development activities in offshore areas resulting in increased requirement for bunker fuel are expected to increase the market demand for bunker fuel.
  • Rapidly increasing bunker requirements in crude oil and product tankers is anticipated to foster the demand for bunker fuel during the forecast period.

Restraints:

  • Fuel reduction initiatives by global shipping community is expected to reduce the demand for bunker fuel thereby causing a slow-down in the market during the forecast period.

Bunker Fuel Market Players:

The top players in the global bunker fuel market include Aegean Marine Petroleum Network Inc., Chemoil Energy Limited, World Fuel Services Corporation, Gulf Agency Company Ltd., Gazpromneft Marine Bunker Ltd., BP Marine Ltd., Exxon Mobil Corporation, Royal Dutch Shell PLC, Bunker Holding A/S, and Lukoil-Bunker LLC.

KEY TAKEAWAYS
Global Bunker Fuel Market

MARKET LANDSCAPE

By Fuel Grade

  • Intermediate Fuel Oil (IFO) 380
  • Intermediate Fuel Oil (IFO) 180
  • Intermediate Fuel Oil (IFO) Others
  • Marine Gas Oil (MGO)/Marine Diesel Oil (MDO)

By End-User

  • Container Vessels
  • Tankers Vessels
  • Bulk & General Cargo Vessels
  • Other Vessels

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • Argentina
    • Rest of LAMEA
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Bunker Fuel Market Shares Analysis, 2014-2025
3.4.1. Global bunker fuel market share by fuel grade, 2014-2025
3.4.2. Global bunker fuel market share by end-user, 2014-2025
3.4.3. Global bunker fuel market share by geography, 2014-2025
4. Market By Fuel Grade
4.1. IFO 380
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. IFO 180
4.2.1. Historical Market Size by Region, 2014-2016
4.2.2. Market Forecast by Region, 2017-2025
4.3. IFO Others
4.3.1. Historical Market Size by Region, 2014-2016
4.3.2. Market Forecast by Region, 2017-2025
4.4. MGO/MDO
4.4.1. Historical Market Size by Region, 2014-2016
4.4.2. Market Forecast by Region, 2017-2025
5. Market By End-User
5.1. Container Vessels
5.1.1. Historical Market Size by Region, 2014-2016
5.1.2. Market Forecast by Region, 2017-2025
5.2. Tankers Vessels
5.2.1. Historical Market Size by Region, 2014-2016
5.2.2. Market Forecast by Region, 2017-2025
5.3. Bulk & General Cargo Vessels
5.3.1. Historical Market Size by Region, 2014-2016
5.3.2. Market Forecast by Region, 2017-2025
5.4. Other Vessels
5.4.1. Historical Market Size by Region, 2014-2016
6. Market By Geography
6.1. North America
6.1.1. Historical Market Size, 2014-2016
6.1.2. Market Forecast, 2017-2025
6.1.3. U.S.
6.1.3.1. Historical Market Size, 2014-2016
6.1.3.2. Market Forecast, 2017-2025
6.1.4. Canada
6.1.4.1. Historical Market Size, 2014-2016
6.1.4.2. Market Forecast, 2017-2025
6.1.5. Mexico
6.1.5.1. Historical Market Size, 2014-2016
6.1.5.2. Market Forecast, 2017-2025
6.2. Europe
6.2.1. Historical Market Size, 2014-2016
6.2.2. Market Forecast, 2017-2025
6.2.3. UK
6.2.3.1. Historical Market Size, 2014-2016
6.2.3.2. Market Forecast, 2017-2025
6.2.4. Germany
6.2.4.1. Historical Market Size, 2014-2016
6.2.4.2. Market Forecast, 2017-2025
6.2.5. France
6.2.5.1. Historical Market Size, 2014-2016
6.2.5.2. Market Forecast, 2017-2025
6.2.6. Spain
6.2.6.1. Historical Market Size, 2014-2016
6.2.6.2. Market Forecast, 2017-2025
6.2.7. Italy
6.2.7.1. Historical Market Size, 2014-2016
6.2.7.2. Market Forecast, 2017-2025
6.2.8. Rest of Europe
6.2.8.1. Historical Market Size, 2014-2016
6.2.8.2. Market Forecast, 2017-2025
6.3. Asia-Pacific
6.3.1. Historical Market Size, 2014-2016
6.3.2. Market Forecast, 2017-2025
6.3.3. China
6.3.3.1. Historical Market Size, 2014-2016
6.3.3.2. Market Forecast, 2017-2025
6.3.4. Japan
6.3.4.1. Historical Market Size, 2014-2016
6.3.4.2. Market Forecast, 2017-2025
6.3.5. India
6.3.5.1. Historical Market Size, 2014-2016
6.3.5.2. Market Forecast, 2017-2025
6.3.6. Australia
6.3.6.1. Historical Market Size, 2014-2016
6.3.6.2. Market Forecast, 2017-2025
6.3.7. South Korea
6.3.7.1. Historical Market Size, 2014-2016
6.3.7.2. Market Forecast, 2017-2025
6.3.8. Rest of Asia-Pacific
6.3.8.1. Historical Market Size, 2014-2016
6.3.8.2. Market Forecast, 2017-2025
6.4. LAMEA
6.4.1. Historical Market Size, 2014-2016
6.4.2. Market Forecast, 2017-2025
6.4.3. Brazil
6.4.3.1. Historical Market Size, 2014-2016
6.4.3.2. Market Forecast, 2017-2025
6.4.4. South Africa
6.4.4.1. Historical Market Size, 2014-2016
6.4.4.2. Market Forecast, 2017-2025
6.4.5. Saudi Arabia
6.4.5.1. Historical Market Size, 2014-2016
6.4.5.2. Market Forecast, 2017-2025
6.4.6. Rest of LAMEA
6.4.6.1. Historical Market Size, 2014-2016
6.4.6.2. Market Forecast, 2017-2025
7. Company profiles
7.1. Aegean Marine Petroleum Network Inc.
7.1.1. Overview
7.1.2. Financials and business segments
7.1.3. Recent Developments
7.2. Chemoil Energy Limited
7.2.1. Overview
7.2.2. Financials and business segments
7.2.3. Recent Developments
7.3. World Fuel Services Corporation
7.3.1. Overview
7.3.2. Financials and business segments
7.3.3. Recent Developments
7.4. Gulf Agency Company Ltd.
7.4.1. Overview
7.4.2. Financials and business segments
7.4.3. Recent Developments
7.5. Gazpromneft Marine Bunker Ltd.
7.5.1. Overview
7.5.2. Financials and business segments
7.5.3. Recent Developments
7.6. BP Marine Ltd.
7.6.1. Overview
7.6.2. Financials and business segments
7.6.3. Recent Developments
7.7. Exxon Mobil Corporation
7.7.1. Overview
7.7.2. Financials and business segments
7.7.3. Recent Developments
7.8. Royal Dutch Shell PLC
7.8.1. Overview
7.8.2. Financials and business segments
7.8.3. Recent Developments
7.9. Bunker Holding A/S
7.9.1. Overview
7.9.2. Financials and business segments
7.9.3. Recent Developments
7.10. Lukoil-Bunker LLC
7.10.1. Overview
7.10.2. Financials and business segments
7.10.3. Recent Developments
 
List of Tables

Table 1. Bunker Fuel Market Share, by Fuel Grade, 2014-2025, $million
Table 2. Bunker Fuel Market Share, by End-User, 2014-2025, $million
Table 3. Bunker Fuel Market Share, by Region, 2014-2025, $million
Table 4. Bunker Fuel Market Value for IFO 380, by Region, 2017-2025, $million
Table 5. Bunker Fuel Market Value for IFO 180, by Region, 2017-2025, $million
Table 6. Bunker Fuel Market Value for IFO Others, by Region, 2017-2025, $million
Table 7. Bunker Fuel Market Value for MGO/MDO, by Region, 2017-2025, $million
Table 8. Bunker Fuel Market Value for Container Vessels, by Region, 2017-2025, $million
Table 9. Bunker Fuel Market Value for Tankers Vessels, by Region, 2017-2025, $million
Table 10. Bunker Fuel Market Value for Bulk & General Cargo Vessels, by Region, 2017-2025, $million
Table 11. Bunker Fuel Market Value for Other Vessels, by Region, 2017-2025, $million
Table 12. Bunker Fuel Market Value for North America, by Country, 2014-2025, $million
Table 13. Bunker Fuel Market Value for North America, by Fuel Grade, 2014-2025, $million
Table 14. Bunker Fuel Market Value for North America, by End-User, 2014-2025, $million
Table 15. Bunker Fuel Market Value for Europe, by Country, 2014-2025, $million
Table 16. Bunker Fuel Market Value for Europe, by Fuel Grade, 2014-2025, $million
Table 17. Bunker Fuel Market Value for Europe, by End-User, 2014-2025, $million
Table 18. Bunker Fuel Market Value for Asia-Pacific, by Country, 2014-2025, $million
Table 19. Bunker Fuel Market Value for Asia-Pacific, by Fuel Grade, 2014-2025, $million
Table 20. Bunker Fuel Market Value for Asia-Pacific, by End-User, 2014-2025, $million
Table 21. Bunker Fuel Market Value for LAMEA, by Country, 2014-2025, $million
Table 22. Bunker Fuel Market Value for LAMEA, by Fuel Grade, 2014-2025, $million
Table 23. Bunker Fuel Market Value for LAMEA, by End-User, 2014-2025, $million
Table 24. Aegean Marine Petroleum Network Inc. - Company Snapshot
Table 25. Chemoil Energy Limited - Company Snapshot
Table 26. World Fuel Services Corporation - Company Snapshot
Table 27. Gulf Agency Company Ltd. - Company Snapshot
Table 28. Gazpromneft Marine Bunker Ltd. - Company Snapshot
Table 29. BP Marine Ltd. - Company Snapshot
Table 30. Exxon Mobil Corporation - Company Snapshot
Table 31. Royal Dutch Shell PLC - Company Snapshot
Table 32. Bunker Holding A/S - Company Snapshot
Table 33. Lukoil-Bunker LLC - Company Snapshot

List of Figures

Figure 1. Bunker Fuel: IFO 380 Market Value, 2014-2016, $million
Figure 2. Bunker Fuel: IFO 180 Market Value, 2014-2016, $million
Figure 3. Bunker Fuel: IFO Others Market Value, 2014-2016, $million
Figure 4. Bunker Fuel: MGO/MDO Market Value, 2014-2016, $million
Figure 5. Bunker Fuel: Container Vessels Market Value, 2014-2016, $million
Figure 6. Bunker Fuel: Tankers Vessels Market Value, 2014-2016, $million
Figure 7. Bunker Fuel: Bulk & General Cargo Vessels Market Value, 2014-2016, $million
Figure 8. Bunker Fuel: Other Vessels Market Value, 2014-2016, $million
Figure 9. Bunker Fuel: U.S. Market Value, 2014-2016, $million
Figure 10. Bunker Fuel: U.S. Market Value, 2017-2025, $million
Figure 11. Bunker Fuel: Canada Market Value, 2014-2016, $million
Figure 12. Bunker Fuel: Canada Market Value, 2017-2025, $million
Figure 13. Bunker Fuel: Mexico Market Value, 2014-2016, $million
Figure 14. Bunker Fuel: Mexico Market Value, 2017-2025, $million
Figure 15. Bunker Fuel: UK Market Value, 2014-2016, $million
Figure 16. Bunker Fuel: UK Market Value, 2017-2025, $million
Figure 17. Bunker Fuel: Germany Market Value, 2014-2016, $million
Figure 18. Bunker Fuel: Germany Market Value, 2017-2025, $million
Figure 19. Bunker Fuel: France Market Value, 2014-2016, $million
Figure 20. Bunker Fuel: France Market Value, 2017-2025, $million
Figure 21. Bunker Fuel: Spain Market Value, 2014-2016, $million
Figure 22. Bunker Fuel: Spain Market Value, 2017-2025, $million
Figure 23. Bunker Fuel: Italy Market Value, 2014-2016, $million
Figure 24. Bunker Fuel: Italy Market Value, 2017-2025, $million
Figure 25. Bunker Fuel: Rest of Europe Market Value, 2014-2016, $million
Figure 26. Bunker Fuel: Rest of Europe Market Value, 2017-2025, $million
Figure 27. Bunker Fuel: China Market Value, 2014-2016, $million
Figure 28. Bunker Fuel: China Market Value, 2017-2025, $million
Figure 29. Bunker Fuel: Japan Market Value, 2014-2016, $million
Figure 30. Bunker Fuel: Japan Market Value, 2017-2025, $million
Figure 31. Bunker Fuel: India Market Value, 2014-2016, $million
Figure 32. Bunker Fuel: India Market Value, 2017-2025, $million
Figure 33. Bunker Fuel: Australia Market Value, 2014-2016, $million
Figure 34. Bunker Fuel: Australia Market Value, 2017-2025, $million
Figure 35. Bunker Fuel: South Korea Market Value, 2014-2016, $million
Figure 36. Bunker Fuel: South Korea Market Value, 2017-2025, $million
Figure 37. Bunker Fuel: Rest of Asia-Pacific Market Value, 2014-2016, $million
Figure 38. Bunker Fuel: Rest of Asia-Pacific Market Value, 2017-2025, $million
Figure 39. Bunker Fuel: Brazil Market Value, 2014-2016, $million
Figure 40. Bunker Fuel: Brazil Market Value, 2017-2025, $million
Figure 41. Bunker Fuel: Saudi Arabia Market Value, 2014-2016, $million
Figure 42. Bunker Fuel: Saudi Arabia Market Value, 2017-2025, $million
Figure 43. Bunker Fuel: South Africa Market Value, 2014-2016, $million
Figure 44. Bunker Fuel: South Africa Market Value, 2017-2025, $million
Figure 45. Bunker Fuel: Rest of LAMEA Market Value, 2014-2016, $million
Figure 46. Bunker Fuel: Rest of LAMEA Market Value, 2017-2025, $million
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