2017 Global Bunker Fuel Market 2023 Review & Forecast Research Report Published by Orbis Research

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The Global Bunker Fuel Market is expected to grow from $98,111.00 million in 2016 to reach $1,47,008.89 million by 2023 with a CAGR of 5.9%. Growing demand in oil & gas sector for offshore exploration and extraction activities, raise in ocean-borne field and increasing support from government are some of the key factors propelling the market growth. However, policies like fuel reduction and replacement of fuel by LNG are the major factors restricting the market size.

Based on the end user, container vessels segment is estimated to lead the market during the forecast period as the container vessels require less manpower than cargo vessels. The European region is witnessing high growth rate due to existence of busiest trade routes and choke points in the region.

Some of the key players in Global Bunker Fuel Market include Royal Dutch Shell Plc, KPI Bridge Oil A/S, Gazpromneft Marine Bunker LLC, GAC Bunker Fuels Ltd, Exxon Mobil Corporation, Chemoil Energy Limited, Bunker Holding A/S, BP PLC, Bomin Bunker Oil Corp, Aegean Marine Petroleum Network, Inc., Lukoil-Bunker LLC and World Fuel Services Corporation.

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End Users Covered:
Oil Tanker
General Cargo
Gas Tanker
Chemical Tanker
Bulk Carrier
Other End Users

Types Covered:
Residual Fuel Oil
Distillate Fuel

Fuel Grades Covered:
Marine Diesel Oil (or) Marine Gas Oil(MDO/MGO)
Intermediate Fuel Oil (IFO) 180
Intermediate Fuel Oil (IFO) 380
Intermediate Fuel Oil (IFO) 500
Intermediate Fuel Oil (IFO) 700
Low Sulfur (LS) 380
Low Sulfur (LS) 180

Commercial distributors Covered:
Small Independent
large Independent
Major Oil Companies

Regions Covered:
North America
Rest of Europe
Asia Pacific
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
South Africa

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What our report offers:
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

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