Press release
Bunker Fuel Market Size, share and growth with top key players like 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, a
Bunker Fuel Market
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An alcoholic beverage is ethanol-based drink, which is commonly known as alcohol. Bunker fuel are divided into three general classes-beers, wines, and spirits. Bunker fuels are consumed across the globe for various uses. The demand for these beverages has changed over the past few years, owing to dwindling premises consumption trends.
The global bunker fuel market is driven by International Maritime Organizations regulations of sulfur emissions to 0.50% m/m (mass/mass) by 2020 in marine fuels and increase in sea-borne trade, particularly in terms of ton-km travelled. However, replacement of obsolete ships by efficient counterparts is expected to hamper the market growth.
The oil majors segment accounted for more than one-third share of the total market in 2016, in terms of value, and is expected to maintain its dominance during the forecast period, owing to its high demand across the globe. However, large independent distributors are expected to grow with a faster rate due to rise in demand for MDO and MGO in the future.
In 2016, distillates (MDO/MGO) dominated the global market, with nearly half of the market share, in terms of value. The demand for gasoil is expected to increase post January 2020, resulting in higher prices. Moreover, the price of residual fuel oil is anticipated to plummet in the near future. These factors are expected to drive the market during the forecast period. The profit margins for refining is expected to increase to cater to the anticipated supply of MGO by 2020.
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.
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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.
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
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