Cart
0

Bunker Fuel Market by Type (Residual Fuel Oil, Marine Diesel Oil, and Marine Gas Oil), Commercial Distributor (Oil Majors, Large Independent, and Small Independent), and End User (Container, Bulk Carrier, Oil Tanker, General Cargo, Chemical Tanker, Fishing Vessel, Gas Tanker) - Global Opportunity Analysis and Industry Forecast, 2017-2023

Get 20% Free Customization In This Report
EN_172143
Pages: 300
Apr 2017 | 5761 Views
 
Author's : Dheeraj Dwivedi
Tables: 165
Charts: 27
 

Bunker Fuel Market Overview:

Global Bunker Fuel Market was valued at $97,203 million in 2016, and is expected to reach $142,489 million by 2023, registering a CAGR of 9.6% from 2017 to 2023. Bunker fuel is the fuel oil/gas delivered to ships of all states that are engaged in international navigation. The international navigation may take place via sea, on inland lakes & waterways, and in coastal waters. The two major bunker fuel classifications in the marine industry are distillates and residual fuel oils. Marine distillates are divided into marine gas oil (MGO) and marine diesel oil (MDO). Marine gas oils are used in small, highly rated diesel engines, which are found in many types of ships. Residual fuel oil, also known as heavy fuel oil (HFO), is the highest viscosity oil fuel. The most commonly used heavy fuel oil at sea are the Intermediate Fuel Oils, IFO180, and IFO380.

Bunker Fuel Market

Get more information on this report : Request Sample Pages

The International Maritime Organizations regulations of sulfur cap of 0.50% m/m (mass/mass) in 2020 for marine fuels, and increase in ocean-borne trade, especially in ton-km travelled, are the factors that drive the growth of the global bunker fuel market. However, obsolete vessels has been replaced by more competent boats, which in turn is expected to drive the market. These effective improvements are probably going to balance to some degree the increments in trade. Key market players have adopted merger as their key strategy to widen their brand portfolios and expand their market reach.

The global bunker fuel market is segmented based on type, commercial distributor, end user, and geography. The type segment is classified into residual fuel oil, MDO, and MGO. On the basis of commercial distributors, the market is divided into oil majors, large independent, and small independent. By end user, it is categorized into container, bulk carrier, oil tanker, general cargo, chemical tanker, fishing vessel, gas tanker, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

In 2016, the MGO segment, in revenue terms, accounted for around one-fourth of the global bunker fuel market share. In terms of volume, MGO held approximately 17% share in the overall market. MGO is the most lucrative segment for investment in the global bunker fuel industry, owing to IMOs decision of implementing a sulfur cap of 0.50% on international shipping, as MGO contains 0.1% sulfur. Thus, this segment is anticipated to show high growth rate along with significant return on investment for the stakeholders, owing to its notable revenue contribution.

Global Bunker Fuel Market Analysis

North America has the maximum potential for growth in the global bunker fuel market on account of being abundant in ultralow sulfur fuel oil (ULSFO) and MGO coupled with IMOs marine fuel directives for 2020. In Asia-Pacific, emerging markets such as China and South Korea are expected to witness highest demand for bunker fuel, owing substantial growth in marine trade.

Major companies have adopted product development, expansion, and merger strategies to sustain the intense market competition. The key players profiled in the report include Aegean Marine Petroleum Network Inc., Bomin Bunker Oil Corp., BP PLC, Bunker Holding A/S, Chemoil Energy Ltd., Exxon Mobil, Gazprom Neft PJSC, GAC Bunker Fuels Ltd., KPI Bridge Oil A/S, and Royal Dutch Shell PLC.

 

Other market players (not profiled in report) in the value chain include Lukoil-Bunker OOO, World Fuel Services Corp., PetroChina Company Ltd., Dan-Bunkering Inc., Sentek Marine & Trading Pte, Ltd., Gulf Nederland, ChinaMarine Bunker Company Ltd., Shanghai Lonyer Fuels Co., Ltd., and Glander International Bunkering DMCC.

Key Benefits

 

  • This report provides an extensive analysis of the current trends and emerging estimations and dynamics in the bunker fuel market.
  • In-depth analysis of the market size is conducted, and estimations for key segments between 2015 and 2023 are provided.
  • Factors that drive and restrain the growth of the market are provided in the report.
  • Industry analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
  • Key market players are profiled and their strategies are analyzed thoroughly, which provide a competitive outlook of the industry trends.

Bunker Fuel Market Key Segments

By Type

  • Residual Fuel Oil
  • MDO
  • MGO

By Commercial Distributor

  • Oil Majors
  • Large Independent
  • Small Independent

By End User

  • Container
  • Bulk Carrier
  • Oil Tanker
  • General Cargo
  • Chemical Tanker
  • Fishing
  • Gas Tanker

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • UAE
    • Brazil
    • South Africa
    • Rest of LAMEA
 

Chapter: 1. INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model

Chapter: 2. EXECUTIVE SUMMARY

2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES

Chapter: 3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS

3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities

3.5. MARKET SHARE ANALYSIS, 2016 (%)
3.6. REGULATION ANALYSIS

Chapter: 4. GLOBAL BUNKER FUEL MARKET, BY TYPE

4.1. INTRODUCTION

4.1.1. Market Size and Forecast

4.2. RESIDUAL FUEL OIL

4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast
4.2.3. IFO 180
4.2.4. IFO 380

4.3. MDO

4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast

4.4. MGO

4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Size and Forecast

Chapter: 5. GLOBAL BUNKER FUEL MARKET, BY COMMERCIAL DISTRIBUTOR

5.1. INTRODUCTION

5.1.1. Market Size and Forecast

5.2. OIL MAJORS

5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast

5.3. LARGE INDEPENDENT

5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast

5.4. SMALL INDEPENDENT

5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast

Chapter: 6. GLOBAL BUNKER FUEL MARKET, BY END USER

6.1. INTRODUCTION

6.1.1. Market Size and Forecast

6.2. CONTAINER

6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast

6.3. BULK CARRIER

6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Size and Forecast

6.4. OIL TANKER

6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast

6.4. GENERAL CARGO

6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast

6.4. CHEMICAL TANKER

6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast

6.4. FISHING

6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast

6.4. GAS TANKER

6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast

6.4. OTHERS

6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast

Chapter: 7. GLOBAL BUNKER FUEL MARKET, BY GEOGRAPHY

7.1. INTRODUCTION

7.1.1. Market Size and Forecast

7.2. NORTH AMERICA

7.2.1. Key Market Trends, Growth Factors and Opportunities
7.2.2. Market Size and Forecast
7.2.3. U.S.

7.2.3.1. Market size and forecast, by type
7.2.3.2. Market size and forecast, by commercial ditributor

7.2.4. Canada

7.2.4.1. Market size and forecast, by type
7.2.4.2. Market size and forecast, by commercial ditributor

7.2.5. Mexico

7.2.5.1. Market size and forecast, by type
7.2.5.2. Market size and forecast, by commercial ditributor

7.3. EUROPE

7.3.1. Key Market Trends, Growth Factors and Opportunities
7.3.2. Market Size and Forecast
7.3.3. UK

7.3.3.1. Market size and forecast, by type
7.3.3.2. Market size and forecast, by commercial ditributor

7.3.4. Germany

7.3.4.1. Market size and forecast, by type
7.3.4.2. Market size and forecast, by commercial ditributor

7.3.5. France

7.3.5.1. Market size and forecast, by type
7.3.5.2. Market size and forecast, by commercial ditributor

7.3.6. Italy

7.3.6.1. Market size and forecast, by type
7.3.6.2. Market size and forecast, by commercial ditributor

7.3.7. Spain

7.3.7.1. Market size and forecast, by type
7.3.7.2. Market size and forecast, by commercial ditributor

7.3.8. Rest of Europe

7.3.8.1. Market size and forecast, by type
7.3.8.2. Market size and forecast, by commercial ditributor

7.4. ASIA-PACIFIC

7.4.1. Key Market Trends, Growth Factors and Opportunities
7.4.2. Market Size and Forecast
7.4.3. China

7.4.3.1. Market size and forecast, by type
7.4.3.2. Market size and forecast, by commercial ditributor

7.4.4. Japan

7.4.4.1. Market size and forecast, by type
7.4.4.2. Market size and forecast, by commercial ditributor

7.4.5. India

7.4.5.1. Market size and forecast, by type
7.4.5.2. Market size and forecast, by commercial ditributor

7.4.6. South Korea

7.4.6.1. Market size and forecast, by type
7.4.6.2. Market size and forecast, by commercial ditributor

7.4.7. Rest of Asia-Pacific

7.4.7.1. Market size and forecast, by type
7.4.7.2. Market size and forecast, by commercial ditributor

7.5. LAMEA

7.5.1. Key Market Trends, Growth Factors and Opportunities
7.5.2. Market Size and Forecast
7.5.3. UAE

7.5.3.1. Market size and forecast, by type
7.4.3.2. Market size and forecast, by commercial ditributor

7.5.4. Brazil

7.5.4.1. Market size and forecast, by type
7.4.4.2. Market size and forecast, by commercial ditributor

7.5.5. South Africa

7.5.5.1. Market size and forecast, by type
7.4.5.2. Market size and forecast, by commercial ditributor

7.5.6. Rest of LAMEA

7.5.6.1. Market size and forecast, by type
7.4.6.2. Market size and forecast, by commercial ditributor

Chapter: 8. COMPANY PROFILES

8.1. AEGEAN MARINE PETROLEUM NETWORK INC

8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Operating Business Segments
8.1.4. Business Performance
8.1.5. Key Strategic Moves and Developments

8.2. BOMIN BUNKER OIL CORP

8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Operating Business Segments
8.2.4. Business Performance
8.2.5. Key Strategic Moves and Developments

8.3. BP PLC

8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Operating Business Segments
8.3.4. Business Performance
8.3.5. Key Strategic Moves and Developments

8.4. BUNKER HOLDING A/S

8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Operating Business Segments
8.4.4. Business Performance
8.4.5. Key Strategic Moves and Developments

8.5. CHEMOIL ENERGY LTD.

8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Operating Business Segments
8.5.4. Business Performance
8.5.5. Key Strategic Moves and Developments

8.6. EXXON MOBIL

8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Operating Business Segments
8.6.4. Business Performance
8.6.5. Key Strategic Moves and Developments

8.7. GAZPROM NEFT PJSC

8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Operating Business Segments
8.7.4. Business Performance
8.7.5. Key Strategic Moves and Developments

8.8. GAC BUNKER FUELS LTD.

8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Operating Business Segments
8.8.4. Business Performance
8.8.5. Key Strategic Moves and Developments

8.9. KPI BRIDGE OIL A/S.

8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Operating Business Segments
8.9.4. Business Performance
8.9.5. Key Strategic Moves and Developments

8.10. ROYAL DUTCH SHELL PLC.

8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Operating Business Segments
8.10.4. Business Performance
8.10.5. Key Strategic Moves and Developments

List of Tables

TABLE 1. GLOBAL BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 2. GLOBAL BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 3. GLOBAL RESIDUAL FUEL OIL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 4. GLOBAL RESIDUAL FUEL OIL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 5. GLOBAL RESIDUAL FUEL OIL MARKET, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 6. GLOBAL RESIDUAL FUEL OIL MARKET, BY GEOGRAPHY, 2015-2023 (MILLION TONNES)
TABLE 7. GLOBAL MDO MARKET, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 8. GLOBAL MDO MARKET, BY GEOGRAPHY, 2015-2023 (MILLION TONNES)
TABLE 9. GLOBAL MGO MARKET, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 10. GLOBAL MGO MARKET, BY GEOGRAPHY, 2015-2023 (MILLION TONNES)
TABLE 11. GLOBAL BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 12. GLOBAL BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 13. GLOBAL BUNKER FUEL MARKET THROUGH OIL MAJORS, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 14. GLOBAL BUNKER FUEL MARKET THROUGH OIL MAJORS, BY GEOGRAPHY, 2015-2023 (MILLION TONNES)
TABLE 15. GLOBAL BUNKER FUEL MARKET THROUGH LARGE INDEPENDENT DISTRIBUTORS, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 16. GLOBAL BUNKER FUEL MARKET THROUGH LARGE INDEPENDENT DISTRIBUTORS, BY GEOGRAPHY, 2015-2023 (MILLION TONNES)
TABLE 17. GLOBAL BUNKER FUEL MARKET THROUGH SMALL INDEPENDENT DISTRIBUTORS, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 18. GLOBAL BUNKER FUEL MARKET THROUGH SMALL INDEPENDENT DISTRIBUTORS, BY GEOGRAPHY, 2015-2023 (MILLION TONNES)
TABLE 19. GLOBAL CONTAINER BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 20. GLOBAL CONTAINER BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 21. GLOBAL BULK CARRIER BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 22. GLOBAL BULK CARRIER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 23. GLOBAL OIL TANKER BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 24. GLOBAL OIL TANKER BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 25. GLOBAL GENERAL CARGO BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 26. GLOBAL GENERAL CARGO BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 27. GLOBAL CHEMICAL TANKER BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 28. GLOBAL CHEMICAL TANKER BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 29. GLOBAL FISHING BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 30. GLOBAL FISHING BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 31. GLOBAL GAS TANKER BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 32. GLOBAL GAS TANKER BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 33. GLOBAL OTHER VESSEL BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 34. GLOBAL OTHER VESSEL BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 35. GLOBAL BUNKER FUEL MARKET, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 36. GLOBAL BUNKER FUEL MARKET, BY GEOGRAPHY, 2015-2023 (MILLION TONNES)
TABLE 37. NORTH AMERICA BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 38. NORTH AMERICA BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 39. NORTH AMERICA BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 40. NORTH AMERICA BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 41. NORTH AMERICA BUNKER FUEL MARKET, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 42. NORTH AMERICA BUNKER FUEL MARKET, BY COUNTRY, 2015-2023 (MILLION TONNES)
TABLE 43. U.S. BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 44. U.S. BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 45. U.S. BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 46. U.S. BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 47. CANADA BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 48. CANADA BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 49. CANADA BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 50. CANADA BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 51. MEXICO BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 52. MEXICO BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 53. MEXICO BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 54. MEXICO BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 55. EUROPE BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 56. EUROPE BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 57. EUROPE BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 58. EUROPE BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 59. EUROPE BUNKER FUEL MARKET, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 60. EUROPE BUNKER FUEL MARKET, BY COUNTRY, 2015-2023 (MILLION TONNES)
TABLE 61. UK BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 62. UK BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 63. UK BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 64. UK BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 65. GERMANY BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 66. GERMANY BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 67. GERMANY BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 68. GERMANY BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 69. FRANCE BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 70. FRANCE BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 71. FRANCE BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 72. FRANCE BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 73. ITALY BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 74. ITALY BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 75. ITALY BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 76. SPAIN BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 77. SPAIN BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 78. SPAIN BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 79. SPAIN BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 80. REST OF EUROPE BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 81. REST OF EUROPE BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 82. REST OF EUROPE BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 83. REST OF EUROPE BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 84. ASIA-PACIFIC BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 85. ASIA-PACIFIC BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 86. ASIA-PACIFIC BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 87. ASIA-PACIFIC BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 88. ASIA-PACIFIC BUNKER FUEL MARKET, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 89. ASIA-PACIFIC BUNKER FUEL MARKET, BY COUNTRY, 2015-2023 (MILLION TONNES)
TABLE 90. CHINA BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 91. CHINA BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 92. CHINA BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 93. CHINA BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 94. JAPAN BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 95. JAPAN BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 96. JAPAN BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 97. JAPAN BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 98. INDIA BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 99. INDIA BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 100. INDIA BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 101. INDIA BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 102. SOUTH KOREA BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 103. SOUTH KOREA BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 104. SOUTH KOREA BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 105. SOUTH KOREA BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 106. REST OF ASIA-PACIFIC BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 107. REST OF ASIA-PACIFIC BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 108. REST OF ASIA-PACIFIC BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 109. REST OF ASIA-PACIFIC BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 110. LAMEA BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 111. LAMEA BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 112. LAMEA BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 113. LAMEA BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 114. LAMEA BUNKER FUEL MARKET, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 115. LAMEA BUNKER FUEL MARKET, BY COUNTRY, 2015-2023 (MILLION TONNES)
TABLE 116. UAE BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 117. UAE BUNKER FUEL MARKET, BY TYPE, 2015-2023 1(MILLION TONNES)
TABLE 118. UAE BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 119. UAE BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 120. BRAZIL BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 121. BRAZIL BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 122. BRAZIL BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 123. BRAZIL BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 124. SOUTH AFRICA BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 125. SOUTH AFRICA BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 126. SOUTH AFRICA BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 127. SOUTH AFRICA BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 128. REST OF LAMEA BUNKER FUEL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 129. REST OF LAMEA BUNKER FUEL MARKET, BY TYPE, 2015-2023 (MILLION TONNES)
TABLE 130. REST OF LAMEA BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 ($MILLION)
TABLE 131. REST OF LAMEA BUNKER FUEL MARKET, BY COMMERCIAL DITRIBUTOR, 2015-2023 (MILLION TONNES)
TABLE 132. AEGEAN: COMPANY SNAPSHOT
TABLE 133. AEGEAN: OPERATING SEGMENTS
TABLE 134. BOMIN BUNKER OIL CORP: COMPANY SNAPSHOT
TABLE 135. BOMIN BUNKER OIL CORP: OPERATING SEGMENTS
TABLE 136. BP PLC: COMPANY SNAPSHOT
TABLE 137. BP PLC: OPERATING SEGMENTS
TABLE 138. BUNKER HOLDING A/S: COMPANY SNAPSHOT
TABLE 139. BUNKER HOLDING A/S: OPERATING SEGMENTS
TABLE 140. CHEMOIL ENERGY LTD.: COMPANY SNAPSHOT
TABLE 141. CHEMOIL ENERGY LTD.: OPERATING SEGMENTS
TABLE 142. EXXON MOBIL: COMPANY SNAPSHOT
TABLE 143. EXXON MOBIL: OPERATING SEGMENTS
TABLE 144. GAZPROM NEFT PJSC: COMPANY SNAPSHOT
TABLE 145. GAZPROM NEFT PJSC: OPERATING SEGMENTS
TABLE 146. GAC BUNKER FUELS LTD.: COMPANY SNAPSHOT
TABLE 147. GAC BUNKER FUELS LTD.: OPERATING SEGMENTS
TABLE 148. KPI BRIDGE OIL A/S.: COMPANY SNAPSHOT
TABLE 149. KPI BRIDGE OIL A/S.: OPERATING SEGMENTS
TABLE 150. ROYAL DUTCH SHELL PLC.: COMPANY SNAPSHOT
TABLE 151. ROYAL DUTCH SHELL PLC.: OPERATING SEGMENTS

List of Figures

FIGURE 1. GLOBAL BUNKER FUEL MARKET: SEGMENTATION
FIGURE 2. GLOBAL BUNKER FUEL MARKET SHARE, BY TYPE, 2015 (%)
FIGURE 3. TOP INVESTMENT POCKETS, BY TYPE
FIGURE 4. TOP WINNING STRATEGIES
FIGURE 5. BARGAINING POWER OF SUPPLIERS
FIGURE 6. BARGAINING POWER OF BUYERS
FIGURE 7. THREAT OF NEW ENTRANTS
FIGURE 8. THREAT OF SUBSTITUTES
FIGURE 9. COMPETITIVE RIVALRY
FIGURE 10. U.S. BUNKER FUEL MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 11. CANADA BUNKER FUEL MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 12. MEXICO BUNKER FUEL MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 13. FRANCE BUNKER FUEL MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 14. GERMANY BUNKER FUEL MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 15. UK BUNKER FUEL MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 16. SPAIN BUNKER FUEL MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 17. ITALY BUNKER FUEL MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 18. REST OF EUROPE BUNKER FUEL MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 19. INDIA BUNKER FUEL MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 20. CHINA BUNKER FUEL MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 21. JAPAN BUNKER FUEL MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 22. SOUTH KOREA BUNKER FUEL MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 23. REST OF ASIA-PACIFIC BUNKER FUEL MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 24. BRAZIL BUNKER FUEL MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 25. SOUTH AFRICA BUNKER FUEL MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 26. SOUTH AFRICA BUNKER FUEL MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 27. REST OF LAMEA BUNKER FUEL MARKET VALUE, 2015-2023 ($MILLION)

 

The proposed amendments of achieving reduction in sulfur specification of 0.5% m/m (mass/mass) are achievable by 2020. However, refiners would incur additional investments to achieve the target specifications investing in desulfurization technologies. In addition, these can blend significant levels of distillate into the fuel oil pool to achieve similar results, but at a higher cost.

Vessel owners can decide between different strategies to meet the requirements, all have advantages and disadvantages.

  • They can install scrubber systems
  • They can buy more expensive low sulfur fuel oils such as MGO/MDO or new ECA fuels; for example, Exxon’s HDM50.
  • They can refit the vessel to LNG

When the specification changes take place, they will have a number of impacts on refineries and on the fuel oil markets. One result of the changes in specification could be to see a move away from fuel oil to distillates, especially where ECA regulations are in force. The changes to the fuel oil pool would require significant investment by refiners to compete in the bunkers market. The price of bunkers is expected to be high, as the processes used are capital intensive and to achieve decent return on investment.

Switching from HFO to distillates comes with other disadvantages than just high pricing such as

  • Lower acidity: Part of the sulfur is converted into sulfuric acid (H2SO4) during the combustion process. Using common cylinder oil with a high alkali base number will lead to wear, as the amount of sulfuric acid is now lower.
  • The use of ultra-low sulfur fuels requires special consideration. Their properties vary depending on the supplier and there may be incompatibilities when mixed with HFO, MDO, or other ULSFs
  • The much lower viscosity and reduced lubrication can cause abnormal wear.

North America is expected to have a significant market share in the global market by 2020, owing to the abundance of ultralow sulfur fuel oil (ULSFO) and gas oil. Increase in inclination towards distillates (MDO/MGO) could expand North America's market share, as such fuel are available at the least cost in the region.

 

PURCHASE OPTIONS

* Taxes/Fees, If applicable will be
added during checkout. All prices in USD.

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,    Int'l : +1-503-894-6022
Drop us an email at
help@alliedmarketresearch.com

Send Enquiry
 

Request Sample

Request Customization

Request sample

OR

Purchase Full Report of
Bunker Fuel Market- Global Opportunity Analysis and Industry Forecast, 2017-2023

  • Online Only
  • $4176
  • Online cloud Access only
  • Restricted Print, copy, paste,download
  • Read Only
  • 20% free customization (Pre-Sale)
  •   Free quartery industry update
  •   Free report update (Within 180 days)
  •   Subscription Model Sign In
  • Data Pack
  • $4640
  • Restricted to one authorized users
  • One print only
  • Available in Excel
  • 20% free customization (Pre-Sale)
  •   Free quartery industry update
  •   Free report update (Within 180 days)
  •   Subscription Model Sign In
  • Single User
  • $5540
  • Restricted to one authorized users
  • One print only
  • Available in Excel & PDF
  • 20% free customization (Pre-Sale)
  •   Free quartery industry update
  •   Free report update (Within 180 days)
  •   Subscription Model Sign In
  • Five User
  • $6654
  • Limited to 5 authorized users
  • Print Upto Five Copies
  • Available in Excel & PDF
  • 20% free customization (Pre-Sale)
  •   Free quartery industry update
  •   Free report update (Within 180 days)
  •   Subscription Model Sign In
  • Enterprise
    License/PDF

  • $9280
  • Unlimited within company/enterprise
  • Unlimited within company/enterprise
  • Available in Excel & PDF
  • 20% free customization (Pre-Sale)
  •   Free quartery industry update
  •   Free report update (Within 180 days)
  •   Subscription Model Sign In

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 
 

FREQUENTLY ASKED
QUESTIONS?

 
 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 
 
 

Why Allied Market Research

 

Infallible Methodology

To ensure high level data integrity, accurate analysis and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 
 

Featured Readings

 

Get Fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Access reports on all emerging
market of Energy and Power on Knowledge Tree Platform
Free Demo