Press release
LNG Bunkering Market to reach USD 39.86 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation
The global LNG bunkering market is expected to reach USD 39.86 Bn by 2029, growing at a CAGR of 58.85 Percent during the forecast period. In 2021, it was valued at USD 26.27 Bn.LNG Bunkering Market Report Scope and Research Methodology
LNG bunkering is the practice of providing liquefied natural gas to a ship for its own consumption. The main advantage of LNG as a fuel is the vast reduction in pollutants caused by the more traditional method of fueling ships such as heavy fuel oil, marine diesel fuel, and marine gas fuels. Standards and regulations for LNG bunkering exist and are being developed by organizations such as SIGTTO, OCIMF, and IMO.
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The objective of the report is to present a comprehensive analysis of the Global LNG Bunkering Market, including all the stakeholders of the industry. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors in the market has been presented in the report.
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LNG Bunkering Market Dynamics
The global LNG bunkering market is segmented by vessel, product type, and geography. Based on product type, the market is sub-segmented into portable tanks, ship-to-ship, port-to-ship, and truck-to-ship. Vessel segment includes tankers, container ships, bulk & general cargo vessels, and ferries & offshore support vessels. Based on region, the market is segmented by Europe, North America, Asia Pacific, Latin America, and Middle East and Africa.
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The report also helps in understanding Global LNG Bunkering Market dynamics, structure by analyzing the market segments and project the Global LNG Bunkering Market size. Clear representation of competitive analysis of key players by End-User Industry, price, financial position, Product portfolio, growth strategies, and regional presence in the Global LNG Bunkering Market make the report investor's guide.
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LNG Bunkering Market Regional Insights
Europe is estimated to dominate growth in the global LNG bunkering market, owing to countries like Norway, which is considered the major bunking center, as it compromises more than 18,000 LNG bunk stations. Furthermore, North America is projected to reach a high rate of CAGR in the global LNG bunkering market owing to ongoing shale production and its development with stringent emission rules.
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LNG Bunkering Market Segmentation
By Vessel:
Tankers
Container Ships
Bulk & General Cargo Vessels
Ferries & Offshore Support Vessels Ceramics
By Product Type:
Port-to-Ship
Truck-to-Ship
Portable Tanks
Ship-to-Ship
By End Use:
Ferries
Cruise-Ships
Bulk and General Cargo Fleet
Offshore Support Vessels
Tanker Fleet
LNG Bunkering Market Key Competitors include:
ENN Energy
Prima LNG
Bomin Linde LNG GmbH & Co KG
Harvey Gulf International Marine LLC
Fjord Line
Skangas
Korea Gas Corporation
Polskie LNG
Royal Dutch Shell Plc.
Crowley Maritime Corporation
Gasnor AS
Gazpromneft Marine Bunker LLC
GDF SUEZ SA
EVOL LNG
Broadview Energy Solutions B.V.
Gasum Oy
Klaw LNG
SHV Energy
Total SE
PETRONAS
Exxon Mobil Corporation.
ENN Energy Holdings, Ltd
Table of Content for LNG Bunkering Market
Global LNG Bunkering Market: Research Methodology
Global LNG Bunkering Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global LNG Bunkering Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global LNG Bunkering Market Segmentation
Global Market, by Vessel (2021-2029)
Global Market, by Product Type (2021-2029)
Regional LNG Bunkering Market (2021-2029)
Regional Market, by Vessel (2021-2029)
Regional Market, by Product Type (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Vessel and Product Type
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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