LNG Bunkering Market Size Will Hit Big Revenues In Future | ENN Energy Holdings, Ltd., Statoil ASA, Gas Natural Fenosa, Eagle LNG

The global LNG bunkering market was valued at $0.38 billion in 2019, and is projected to reach $5.14 billion by 2027, growing at a CAGR of 45.2% from 2020 to 2027. The global shipping industry faced an IMO legislation to significantly limit sulfur emissions from ships, firstly in North America and then Northern Europe in 2015. LNG (liquid natural gas) is a potential solution to meet these requirements due to its negligible sulfur content, and its combustion produces low NOx compared to fuel oil and marine diesel oil. LNG is not only a cleaner burning fuel but also possesses economic advantages on a calorific value basis. Even higher LNG prices in Asia-Pacific are lower than global bunker fuel prices. As a result, there have been recent developments to promote the use of LNG as a bunker fuel.

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The International Maritime Organization's regulations of sulfur cap of 0.50% m/m (mass/mass) in 2020 for marine fuels, increase in ocean-borne trade, especially in ton-km travelled, and the lower cost of LNG bunker fuel than other variants of ECA-compliant fuels are the factors that drive the growth of the global LNG bunkering market. However, the demand-supply gap for LNG bunkering is expected to increase with the implementation of IMO regulations; hence, supply must expand rapidly to meet global demand and premium priced Asia-Pacific demand in particular. On the contrary, increase in investment and financing toward LNG bunkering are expected to create opportunity for key players in the LNG bunkering market during the forecast period.

The global LNG bunkering market is segmented on the basis of product type, application, and region. Depending on product type, the market is categorized into truck-to-ship, port-to-ship, ship-to-ship, and portable tanks. The applications covered in the study include container fleet, tanker fleet, cargo fleet, ferries, inland vessels, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA

KEY BENEFITS FOR STAKEHOLDERS
? The report includes in-depth analysis of different segments and provides market estimations between 2020 and 2027.
? A comprehensive analysis of the factors that drive and restrict the growth of the global LNG bunkering market is provided.
? Porter's five forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
? Estimations and forecast are based on factors impacting the global LNG bunkering market growth, in terms of value.
? The key market players are profiled to gain an understanding of the strategies adopted by them.
? This report provides a detailed analysis of the current trends and future estimations from 2020 to 2027, which help to identify the prevailing market opportunities.

KEY MARKET PLAYERS
- Broadview Energy Solutions B.V.
- Crowley Maritime Corporation
- Gasum Oy
- Harvey Gulf International Marine
- Klaw LNG
- Korea Gas Corporation
- Polskie LNG S.A.
- Royal Dutch Shell Plc
- SHV Energy
- Total SE
- PETRONAS
- Exxon Mobil Corporation
Other players operating in the LNG bunkering market are ENN Energy Holdings, Ltd., Statoil ASA, Gas Natural Fenosa, Eagle LNG, EVOL LNG, Fjord Line, and others.

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KEY MARKET SEGMENTS
By Product Type
- Truck-to-Ship
- Port-to-Ship
- Ship-to-Ship
- Portable Tanks

By Application
- Container Fleet
- Tanker Fleet
- Cargo Fleet
- Ferries
- Inland Vessels
- Others

By Region

- North America
o U.S.
o Canada
o Mexico
- Europe
o Germany
o France
o UK
o Italy
o Russia
o Rest of Europe

- Asia-Pacific
o China
o Japan
o India
o South Korea
o Singapore
o Rest of Asia-Pacific
- LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA

Table of Content:

Report Overview
Global Growth Trends
Competition Landscape by Key Players
Data Segments
North America Market Analysis
Europe Market Analysis
Asia-Pacific Market Analysis
Latin America Market Analysis
Middle East & Africa Market Analysis
Key Players Profiles Market Analysis
Analysts Viewpoints/Conclusions
Appendix

Reasons to Purchase this Report:
Analyzing the outlook of the market with the current tendencies and SWOT analysis.
Market dynamics scenario, alongside with increase possibilities of the market in the years to come.
Market segmentation evaluation which include qualitative and quantitative lookup incorporating the have an effect on of monetary and non-economic aspects.
Regional and use degree evaluation integrating the demand and grant forces that are influencing the boom of the market.
Market fee (USD Million) and extent (Units Million) facts for every phase and sub-segment
Competitive panorama involving the market share of principal players, alongside with the new initiatives and techniques adopted by means of gamers in the previous years.
Comprehensive organization profiles masking the product offerings, key economic information, latest developments, SWOT analysis, and techniques employed through the predominant market players.

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