Press release
LNG Bunkering Market Size, Demand, Analysis and Forecast Report by 2027 | Statoil ASA, Engie SA, Barents Naturgass As, Gasnor As, Skangas AS, Eni Norge AS, Bomin Linde LNG GmbH & Co. KG,
Latest published report on the LNG Bunkering market, found on the Qualiket Research website revealed a great deal about various market dynamics. These driving factors influence the market from a very miniscule level to its holistic standard and can traverse limitations to assist the market achieve a significant growth rate over the analysis period of 2020-2027.Request Sample Copy of this Report @ https://qualiketresearch.com/request-sample/LNG-Bunkering-Market/request-sample
LNG bunkering is defined as the practice of supplying LNG fuel to ship for its constructions. LNG is cleaner than other conventional fuels like heavy fuel oil, marine gas fuel, and marine diesel fuel. The increase in concerns about air pollution, stringent rules and regulations on chemical emissions as a result of fuel burning and growth of marine sector are expected to drive the global LNG bunkering market growth.
Market Drivers
The shifting trends towards clean energy with stringent government rules and regulations to reduce airborne emissions including nitrous oxide, and sulfur is key driving factor which is expected to boost the global LNG bunkering market growth. Furthermore, shifting trends towards sustainable fuel with increase in shale production will positively contribute the market growth in near future. For instance, United State Shale gas production reached from 13,447 bcf in 2015 and 15,213 in 2016. Also, riser in demand for reliable, eco-friendly, and low cost marine fuel is another driving factor which is expected to propel the global LNG bunkering market growth. The marine industry of North America and Europe is expected to move toward cleaner LNG fuel faster than the other regions. And hence, it is expected to fuel the market growth during this forecast period.
Market Restraints
However, a high initial investment is the major challenging factor which is expected to hamper the global LNG bunkering market growth during this analysis period.
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Market Key Players
Various key players are discussed in this report such as Gasnor As, Skangas AS, Statoil ASA, Engie SA, Barents Naturgass As, Eni Norge AS, Bomin Linde LNG GmbH & Co. KG, Harvey Gulf International Marine Llc, Korea Gas Corp, and Polskie LNG SA.
Market Taxonomy
By End User
Tanker Fleet
Bulk & General Cargo
Offshore Vessels & Ferries
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.
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