LNG Bunkering Market 2020-2028| In Depth Analysis with Top Key Vendors like Gazpromneft Marine Bunker LLC, Royal Dutch Shell PLC, Bomin Linde LNG GmbH & Co. KG, Skangass AS, Korea Gas Corporation, Harvey Gulf International Marine LLC

Bunkering is the practice of supplying fuel to a ship for its own consumption. This operation is generally located at seaports and they contain the storage of "bunker" fuel and the provision of the fuel to vessels. The shipping industry is facing stringent government regulations to reduce chemical emissions and maintain sustainability. Because of this reason LNG vessels are increasing in the shipping industry. Liquefied Natural Gas (LNG) contains low sulfur which results it emits low pollutants as compared to other gases.

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The LNG bunkering market can be segmented based on product and end users. Based on the product the market can be broadly subdivided into four parts-truck to ship, port to ship, and ship to ship, and portable tanks. The ship to ship market is expected to grow at the highest rate in the forecasted period on account of its high capacity and location flexibility. Cruise- ships, ferries, container vessels, dry bulk carriers, tanker fleet, and offshore support vessels are some of the primary segments based on end users. Offshore support vessels account for the largest market share in this category.

The basis of end-user is categories into ferries, bulk & general cargo fleet, offshore support vessels, cruise-ships, tanker fleet, container fleet. The global LNG bunkering market is anticipated to boom in Europe because of Norway is considered as the biggest bunking center, as it offers more than 18,000 LNG bunk stations. Also, this market is expected to grow rapidly in the Asia-Pacific region due to this region is considered as a manufacturing hub, due to this, manufacturing activities in this region have a high demand for energy.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT Analysis:
1. Gazpromneft Marine Bunker LLC
2. Royal Dutch Shell PLC
3. Bomin Linde LNG GmbH & Co. KG
4. Skangass AS
5. Korea Gas Corporation
6. Harvey Gulf International Marine LLC
7. ENGIE
8. Polskie LNG SA
9. Eagle LNG Partners
10. ENN Group

Key Factors Impacting Market Growth:
Growing marine logistics business
Increase in demand for cleaner fuels

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North America and Western Europe are estimated to be key regions for the global LNG bunkering market during the forecast period. Being one of the industrialized regions, the energy & power sector is key to the operations of various industries in this region. This is one of the important factors governing the growth of the global LNG bunkering market in these regions. Some of the major countries covered in this region include the US, Germany, UK, France, Italy, Canada, and so on.

Asia Pacific has estimated one of the fastest-growing regions for the global LNG bunkering market during the forecast period. Some of the fastest-growing economies and increasing demand for energy & power to cater to high population & industries are expected to drive the demand in this region. China and India are projected to register major demand during the forecast period. Middle East that includes UAE, Saudi Arabia, Iran, Qatar, and others promises high market potential during the forecast period.

Market Segmentation:
By Product Type:
Portable Tanks
Ship-to-ship
Truck-to-ship
Port-to-ship

By End User:
Ferries
Bulk & General Cargo Fleet
Offshore Support Vessels
Cruise-ships
Tanker Fleet
Container Fleet

By Region:
North America
By Country (US, Canada, Mexico)
By Product Type
By End User

Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Product Type
By End User

Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Product Type
By End User

Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Product Type
By End User

Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Product Type
By End User
Rest of the World
By Region (South America, Africa)
By Product Type
By End-User

Reasons To Buy This Report:
Market size estimation of the global LNG bunkering market on a regional and global basis
The unique research design for market size estimation and forecast
Profiling of major companies operating in the market with key developments
Broad scope to cover all the possible segments helping every stakeholder in the market

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