Press release
LNG Bunkering Market Expansion: Unearthing Trends, Market Growth Drivers, and Projections to 2029
LNG Bunkering Market Industry
The Global LNG Bunkering Market: Poised for Stellar Growth With A CAGR of 50.0% (2024-2025) and 46.8% (2025-2029)
What Is The Projected Market Size Of The Global LNG Bunkering Market And Its Growth Rate?
• The market size of LNG bunkering stood at $1.56 billion in 2024 and is projected to rise to $2.34 billion in 2025 with a CAGR of 50.0%.
• In the future, the market is expected to soar, reaching $10.86 billion by 2029, growing at a CAGR of 46.8%.
• Key factors driving this growth are an increase in gas exploration and maritime trade activities, emerging market economic growth, and rising imports and exports.
• Growth in the forecast period will be primarily driven by increased vessels and ships, rising LNG fuel demand, and the growing needs for marine decarbonization.
What Is Driving The Growth In The LNG Bunkering Market?
The surge in the number of vessels and ships are anticipated to fuel the growth of the LNG bunkering market. LNG bunkering vessels facilitate ship-to-ship bunkering, encouraging the use of LNG as a maritime fuel. As per a report published by BIMCO (Baltic and International Maritime Council), the container fleet size is expected to rise by 6.3% in 2023 and 8.1% in 2024, following a 4.0% increase in 2022. With alterations in congestion and sailing speed affecting fleet productivity, supply is predicted to augment by 11.3% in 2023 and 3.1% in 2024. Consequently, the growth in the number of vessels and ships will steer the LNG bunkering market sprout in the future.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8559&type=smp
Who Are the Key Players Driving LNG Bunkering Market Growth?
Key players in the LNG bunkering market include:
• World Fuel Services
• Crowley Maritime Corporation
• SHV Energy
• Engie SA
• Gaz-System
• Petrochina
• ENN Energy Holdings Limited
• Sinopec
• Guanghui Energy Company Limited
• Woodside Energy
• Santos Ltd
• Nauticor GmbH & Co. KG
• Engas
• Edison S.p.A
• LNG Croatio LLC
• Klaipedos Nafta AB
• Blue Grid Gas & Power
• Polskie LNG S.A
• Eagle LNG Partners
• Pivotal LNG Inc
• FortisBC
• NorthStar Holdco Energy LLC
• Conrad Shipyards LLC
• TOTO Maritime
• Petrobras
• Golar Power
• YPF
• Qatar Petroleum
• ADNOC LNG
• RasGas Company Limited
• The Spanish Egyptian Gas Company
• Damietta LNG Co
• Petroliam Nasional Berhad
• Sonatrach
What Are The Key Trends In The LNG Bunkering Market?
The market is witnessing these significant trends:
• Development of ship-to-containership LNG bunkering operations
• Rise in strategic partnerships
• Technological advancements and product innovations
• Increase in LNG bunkering of pure car and truck carriers (PCTCs)
• Usage of environment-friendly LNG bunkering vessels
• Focus on AI-based LNG bunkering
What Are The Segments Of The Global LNG Bunkering Market?
The global LNG bunkering market options are segmented based on:
1) By Type: Ship To Ship, Terminal To Ship, Truck To Ship
2) By End-User: Defense Vessels, Yachts, Cruise Ships, Ferries & Operating Supply Vessels, Bulk & General Cargo Fleets, Other End-Users
Which Region Leads The LNG Bunkering Market?
Europe was the most prominent region in the LNG bunkering market in 2024. However, the report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/lng-bunkering-global-market-report
What Is Covered In The LNG Bunkering Market Global Market Report?
- Market Size Analysis: Analyze the LNG Bunkering Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the LNG Bunkering Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall LNG Bunkering Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the LNG Bunkering Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/customise?id=8559&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
•LinkedIn: https://in.linkedin.com/company/the-business-research-company
•Twitter: https://twitter.com/tbrc_info
•YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"
Learn More About The Business Research Company
Learn More About the Business Research Company. With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release LNG Bunkering Market Expansion: Unearthing Trends, Market Growth Drivers, and Projections to 2029 here
News-ID: 3838566 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for LNG
LNG Bunkering Market Growth, Trends & Opportunities 2025 | Top key players - Tre …
LNG Bunkering Market, as analyzed in the study by DataM Intelligence, presents a detailed overview of the industry with in-depth insights, historical data, and key statistics. The report thoroughly examines market dynamics, competitive strategies, and major players, highlighting their product lines, pricing structures, financials, growth plans, and regional outreach.
The Global LNG Bunkering Market is expected to grow at a CAGR of 66.4% during the forecasting period (2024-2031).
Get a Free Sample…
Mea Floating Lng Power Vessel Market Emerging Trends and Growth Prospects 2034 | …
On April 8, 2025, Exactitude Consultancy., Ltd. released a research report titled "Mea Floating Lng Power Vessel Market". In-depth research has been compiled to provide the most up-to-date information on key aspects of the worldwide market. This research report covers major aspects of the Mea Floating Lng Power Vessel Market including drivers, restraints, historical and current trends, regulatory scenarios, and technological advancements. It provides the industry overview with growth analysis…
What's Driving the LNG Bunkering Market Trends? Key Companies are Skangass AS., …
A research report on 'LNG Bunkering Market' Added by DEC Research features a succinct analysis on the latest market trends. The report also includes detailed abstracts about statistics, revenue forecasts and market valuation, which additionally highlights its status in the competitive landscape and growth trends accepted by major industry players.
Request a sample of this research report @ https://www.decresearch.com/request-sample/detail/702
The size of LNG Bunkering Market was registered at USD 800 Million in…
LNG Bunkering Market Key Players Polskie LNG, Eagle LNG, ENN Energy, EVOL LNG, F …
The LNG Bunkering Market report add detailed competitive landscape of the global market. It includes company, market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the LNG Bunkering industry based on product segment, technology, end user segment and region.
As per a recent news snippet, the Caribbean is one of the most lucrative regions for LNG bunkering market, as the shipping sector seeks compliance…
LNG Bunkering Industry to surpass $12bn by 2024:ENGIE,Polskie LNG,Eagle LNG, ENN …
LNG Bunkering Market size is set to exceed USD 12 billion by 2024.Growing demand for cleaner fuel coupled with strict emission regulations to reduce the airborne emissions predominantly in North America and Europe will stimulate LNG bunkering market. In 2015, International Maritime Organization (IMO) introduced Tier III norms to curb NOx emissions from marine vessels among Emission Control Areas (ECAs) under maritime boundaries.
Request for a sample copy of this…
Global Liquefied Natural Gas (LNG) Market 2018-22 : LNG bunkering, progressing L …
ResearchMoz presents Professional and In-depth Study of "Global Liquefied Natural Gas (LNG) Market: Industry Analysis & Outlook (2018-2022)" with coming years Industries Trends, Projections of Global Growth, Major Key Player and Case Study, Review, Share, Size, Effect.
' '
Liquefied Natural Gas (LNG) is a liquid form of natural gas, which is composed mainly of methane and other gases such as Ethane, Propane, Butane and Nitrogen. LNG liquefaction is a procedure…
