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LNG Bunkering Market Future Trends, Outlook, Growth Drivers, Opportunities And Strategies - Global Forecast To 2032

12-18-2023 01:51 PM CET | Logistics & Transport

Press release from: The Business research company

LNG Bunkering Market

LNG Bunkering Market

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The Business Research Company's latest "Global LNG Bunkering Opportunities And Strategies Market Report - Forecast To 2032" is the most comprehensive report available in market that will help gain a truly global perspective with data and statistics from over 60 geographies analyzed with more than 7500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth and highlights important trends and strategies that can be adopted to beat the competition in the industry

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The global LNG bunkering market reached a value of nearly $700.0 million in 2022, having increased at a compound annual growth rate (CAGR) of 36.1% since 2017. The market is expected to grow from $700.0 million in 2022 to $5,130.0 million in 2027 at a rate of 48.9%. The market is then expected to grow at a CAGR of 45.4% from 2027 and reach $33,350.0 million in 2032.

LNG (liquefied natural gas) bunkering refers to the activity of supplying a ship with liquefied natural gas fuel for its consumption. The primary benefit of using LNG as a fuel is the significant pollution reduction caused by the more traditional methods of fueling ships, such as heavy fuel oil, marine gas oil (MGO), and marine diesel fuel (MDO).

The demand for LNG bunkering by PCTCs is gaining importance in the LNG bunkering market. The term pure car and truck carrier refers to a transportation vessel that is purpose-built for rolling cargo, such as new private cars and trucks, heavy loads, and heavy construction equipment. LNG is the lowest-carbon fuel available and drives the growth of decarbonized LNG bunkering.

LNG Bunkering Market Segmentation:
By Type -
The LNG bunkering market is segmented by type into:
a) Ship To Ship
b) Terminal To Ship
c) Truck To Ship

By End User-
The sports nutrition market is also segmented by raw material into
a) Animal Derived
b) Plant-Based
c) Mixed

By End-Users -
The LNG bunkering market is segmented by end user into:
a) Defense Vessels
b) Yachts
c) Cruise Ships
d) Ferries and OSVs
e) Bulk and General Cargo Fleets
f) Other End-Users

Some of the key players involved in the LNG Bunkering market are Gasum Ltd, Korea Gas Corporation, Shell plc, Total Energies, Harvey Gulf International Marine LLC

The regions covered in the global LNG Bunkering market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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https://www.thebusinessresearchcompany.com/report/lng-bunkering-market

A Few Points From The Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
.....
18. Competitive Landscape And Company Profiles
19. Key Mergers And Acquisitions
20. Opportunities And Strategies
21. LNG Bunkering Market, Conclusions And Recommendations
22. Appendix

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