Bunker Fuel Market Research Report and Forecast with Impact of COVID-19

Global Bunker Fuel Market Research Report and Forecast 2020 - 2025

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REPORT OBJECTIVES & Highlight

Report Description According to the recent report by IMARC Group, titled “Bunker Fuel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,� the global bunker fuel market grew at a CAGR of about 5% during 2015-2019. 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.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/bunker-fuel-market/requestsample 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 (R&D) projects to develop clean fuels and government initiatives toward strengthening geographical border security. On account of these factors, the market is expected to experience moderate growth during the forecast period (2020-2025).

Report Description Bunker Fuel Market Segmentation and Analysis of Top Keyplayers: Historical, Current and Future Market Trends •

Market Breakup by Fuel Type 1 High Sulfur Fuel Oil (HSFO) 2 Very Low Sulfur Fuel Oil (VLSFO) 3 Marine Diesel Oil (MDO) 4 Liquefied Natural Gas (LNG)

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Market Breakup by Vessel Type 1 Containers 2 Tankers 3 General Cargo 4 Bulk Carrier 5 Others

Market Breakup by Seller 1 Major Oil Companies 2 Leading Independent Sellers 3 Small Independent Sellers

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Report Description •

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Market Breakup by Region 1 North America 2 Asia Pacific 3 Europe 4 Latin America 5 Middle East and Africa

Competitive Landscape 1 Market Structure 2 Key Players 3 Profiles of Key Players

For more information about this report visit: https://www.imarcgroup.com/bunker-fuel-market Browse Related Report By IMARC Group Polyvinyl Alcohol (PVA) Market: https://www.imarcgroup.com/polyvinyl-alcohol-market Flexible Glass Market: https://www.imarcgroup.com/flexible-glass-market

Report Description Key Questions Answered in This Report: • • • • • • • • • •

How has the global bunker fuel market performed so far and how will it perform in the coming years?

What has been the impact of COVID-19 on the global bunker fuel market?

What are the key regional markets?

What is the breakup of the market based on the fuel type?

What is the breakup of the market based on the vessel type?

What is the breakup of the market based on the seller?

What are the various stages in the value chain of the industry?

What are the key driving factors and challenges in the industry?

What is the structure of the global bunker fuel market and who are the key players?

What is the degree of competition in the industry?

Table of Contents

Table of Contents 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Bunker Fuel Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Fuel Type 6.1 High Sulfur Fuel Oil (HSFO) 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Very Low Sulfur Fuel Oil (VLSFO) 6.2.1 Market Trends

Table of Contents 6.2.2 Market Forecast 6.3 Marine Diesel Oil (MDO) 6.3.1 Market Trends 6.3.2 Market Forecast 6.4 Liquefied Natural Gas (LNG) 6.4.1 Market Trends 6.4.2 Market Forecast 7 Market Breakup by Vessel Type 7.1 Containers 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Tankers 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 General Cargo 7.3.1 Market Trends 7.3.2 Market Forecast 7.4 Bulk Carrier 7.4.1 Market Trends 7.4.2 Market Forecast 7.5 Others 7.5.1 Market Trends 7.5.2 Market Forecast 8 Market Breakup by Seller 8.1 Major Oil Companies

Table of Contents 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Leading Independent Sellers 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Small Independent Sellers 8.3.1 Market Trends 8.3.2 Market Forecast 9 Market Breakup by Region 9.1 North America 9.1.1 United States 9.1.1.1 Market Trends 9.1.1.2 Market Forecast 9.1.2 Canada 9.1.2.1 Market Trends 9.1.2.2 Market Forecast 9.2 Asia Pacific 9.2.1 China 9.2.1.1 Market Trends 9.2.1.2 Market Forecast 9.2.2 Japan 9.2.2.1 Market Trends 9.2.2.2 Market Forecast 9.2.3 India 9.2.3.1 Market Trends 9.2.3.2 Market Forecast

Table of Contents 9.2.4 South Korea 9.2.4.1 Market Trends 9.2.4.2 Market Forecast 9.2.5 Australia 9.2.5.1 Market Trends 9.2.5.2 Market Forecast 9.2.6 Indonesia 9.2.6.1 Market Trends 9.2.6.2 Market Forecast 9.2.7 Others 9.2.7.1 Market Trends 9.2.7.2 Market Forecast 9.3 Europe 9.3.1 Germany 9.3.1.1 Market Trends 9.3.1.2 Market Forecast 9.3.2 France 9.3.2.1 Market Trends 9.3.2.2 Market Forecast 9.3.3 United Kingdom 9.3.3.1 Market Trends 9.3.3.2 Market Forecast 9.3.4 Italy 9.3.4.1 Market Trends 9.3.4.2 Market Forecast 9.3.5 Spain

Table of Contents 9.3.5.1 Market Trends 9.3.5.2 Market Forecast 9.3.6 Russia 9.3.6.1 Market Trends 9.3.6.2 Market Forecast 9.3.7 Others 9.3.7.1 Market Trends 9.3.7.2 Market Forecast 9.4 Latin America 9.4.1 Brazil 9.4.1.1 Market Trends 9.4.1.2 Market Forecast 9.4.2 Mexico 9.4.2.1 Market Trends 9.4.2.2 Market Forecast 9.4.3 Others 9.4.3.1 Market Trends 9.4.3.2 Market Forecast 9.5 Middle East and Africa 9.5.1 Market Trends 9.5.2 Market Breakup by Country 9.5.3 Market Forecast 10 SWOT Analysis 10.1 Overview 10.2 Strengths 10.3 Weaknesses

Table of Contents 10.4 Opportunities 10.5 Threats 11 Value Chain Analysis 12 Porters Five Forces Analysis 12.1 Overview 12.2 Bargaining Power of Buyers 12.3 Bargaining Power of Suppliers 12.4 Degree of Competition 12.5 Threat of New Entrants 12.6 Threat of Substitutes 13 Price Analysis 14 Competitive Landscape 14.1 Market Structure 14.2 Key Players 14.3 Profiles of Key Players 14.3.1 Bomin Bunker Holding GmbH & Co. KG (Marquard & Bahls AG) 14.3.1.1 Company Overview 14.3.1.2 Product Portfolio 14.3.2 BP Plc 14.3.2.1 Company Overview 14.3.2.2 Product Portfolio 14.3.2.3 Financials 14.3.2.4 SWOT Analysis 14.3.3 Chevron Corporation 14.3.3.1 Company Overview 14.3.3.2 Product Portfolio

Table of Contents 14.3.3.3 Financials 14.3.3.4 SWOT Analysis 14.3.4 Exxon Mobil Corporation 14.3.4.1 Company Overview 14.3.4.2 Product Portfolio 14.3.4.3 Financials 14.3.4.4 SWOT Analysis 14.3.5 Gazprom Neft PJSC (Gazprom) 14.3.5.1 Company Overview 14.3.5.2 Product Portfolio 14.3.5.3 Financials 14.3.5.4 SWOT Analysis 14.3.6 LUKOIL 14.3.6.1 Company Overview 14.3.6.2 Product Portfolio 14.3.6.3 Financials 14.3.6.4 SWOT Analysis 14.3.7 Neste Oyj 14.3.7.1 Company Overview 14.3.7.2 Product Portfolio 14.3.7.3 Financials 14.3.7.4 SWOT Analysis 14.3.8 Petroliam Nasional Berhad (PETRONAS) 14.3.8.1 Company Overview 14.3.8.2 Product Portfolio 14.3.8.3 SWOT Analysis

Table of Contents 14.3.9 Royal Dutch Shell Plc 14.3.9.1 Company Overview 14.3.9.2 Product Portfolio 14.3.9.3 Financials 14.3.10 TOTAL S.A. 14.3.10.1 Company Overview 14.3.10.2 Product Portfolio 14.3.10.3 Financials 14.3.10.4 SWOT Analysis

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