LNG Bunkering Market 2021 - Future Developments, Top Companies, Industry Size and Growth Analysis to 2027 | Key Players Royal Dutch Shell Plc., Skangas, ENN Energy, Korea Gas Corporation, Prima LNG, Harvey Gulf International Marine LLC, Bomin Linde LNG Gm

Stratagem Market Insights has announced the addition of the "LNG Bunkering Market Report 2021-2027 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global LNG Bunkering Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

Bunkering is a process of refueling the marine vessels, using pipelines that are connected to the terminal or a direct transfer of fuel from ships or trucks. Ease in transportation and storage of Liquefied Natural Gas (LNG) is expected to be a factor for increasing adoption of LNG bunkering. Its relatively low density and high heating value results in reduction of emission of harmful greenhouse gas.

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Market Dynamics:

LNG bunkering market is expected to exhibit significant growth over the forecast period (2021–2027). This is attributed to increasing number of vessels and ships using LNG, as it is a clean fuel. Governmental and non-governmental bodies are implementing stringent regulations on emission of harmful gases. For instance, The America Bureau of Shipping (ABS), incorporated a framework of risk assessment considering LNG leakage during bunkering, which includes, leaks from LNG pipes, pumps, tanks or hoses, inadvertent disconnection of hoses, overfilling vessel fuel tanks and external impact. This creates a conducive environment for growth of the LNG bunkering market. However, lack of infrastructure for fueling LNG across bunkering locations is one of the major factors hindering growth of global LNG bunkering market.

Europe was the largest market for LNG bunkering in 2016, owing to stringent government regulations on emission of harmful and increasing offshore oil and gas exploration and production activities. Asia Pacific is expected to project the fastest growth in the global LNG bunkering market during the forecast period, owing to the rising demand for energy and growing use of LNG as a marine fuel.

Key features of the study:

• This report provides in-depth analysis of the LNG bunkering market, market size (US$ Mn), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2021 – 2027).

• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.

• It profiles leading players in the global LNG bunkering market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans.

• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launches, market expansion, and marketing tactics.

• The global LNG bunkering market report caters to various stakeholders in this industry, including investors, product developers, distributors, LNG bunkering companies, research institutes, new entrants, and financial analysts.

• Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the LNG bunkering market.

Access insightful study with over 100+ pages, list of tables & figures, profiling 10+ companies.-

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The LNG Bunkering Market report highlights product development and growth strategies such as mergers and acquisitions adopted by market players along with SWOT Analysis, PEST, and Porter’s Five Forces analyses of the LNG Bunkering Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.

The Key Manufacturers covered in this Report:-

• Royal Dutch Shell Plc.
• Skangas
• ENN Energy
• Korea Gas Corporation
• Prima LNG
• Harvey Gulf International Marine LLC
• Bomin Linde LNG GmbH & Co KG
• Fjord Line
• Crowley Maritime Corporation
• Polskie LNG

Global LNG Bunkering Market, By Product Type:

• Portable Tanks
• Ship-to-Ship
• Port-to-Ship
• Truck-to-Ship

Global LNG Bunkering Market, By Vessel Type:

• Ferries
• Cruise-Ships
• Bulk and General Cargo Fleet
• Offshore Support Vessels
• Tanker Fleet
• Container Fleet
• Others

Objective of the LNG Bunkering Market Report:

• To assess the size of the market by value and volume
• Analyze the LNG Bunkering Market in terms of regions and major countries
• Highlight recent developments and trends in the market
• Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
• Determine share of the LNG Bunkering Market in terms of various segments such as by product type, application, and end-user
• Offer accurate projection of the market for the forecast period using state-of-the-art tools and the current primary and secondary research approaches
• Discuss major factors that impact the growth of the LNG Bunkering Market

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