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Bunker Fuel Market Analysis Definition: Global Market Research, Features, Advancements and Application

07-20-2017 11:47 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Progressive Markets

Bunker Fuel Market

Bunker Fuel Market

Bunker fuel is the term used to describe the oil used in the bunkers of heavy, deep-sea cargo ships to power its engines. These cargo ships usually use heavy residue oil left after the extraction of lighter fractions like diesel, gasoline, and other light hydrocarbons.

Bunker fuel is also called as fuel oil and is a thick and highly viscous oil, sometimes requiring heating or mixing with 10% diesel to burn. It is highly toxic, persistent, and biologically harmful.
Global Bunker Fuel Market is expected to grow at a CAGR of 3.4% from 2017 to 2025.

Request Report Sample: https://www.progressivemarkets.com/request-sample/bunker-fuel-market

Market Dynamics:
Drivers:
Increasing hydrocarbon resource development activities in offshore areas resulting in increased requirement for bunker fuel are expected to increase the market demand for bunker fuel.
Rapidly increasing bunker requirements in crude oil and product tankers is anticipated to foster the demand for bunker fuel during the forecast period.

Restraints:
Fuel reduction initiatives by global shipping community is expected to reduce the demand for bunker fuel thereby causing a slow-down in the market during the forecast period.

Market Players:
The top players in the global bunker fuel market include Aegean Marine Petroleum Network Inc., Chemoil Energy Limited, World Fuel Services Corporation, Gulf Agency Company Ltd., Gazpromneft Marine Bunker Ltd., BP Marine Ltd., Exxon Mobil Corporation, Royal Dutch Shell PLC, Bunker Holding A/S, and Lukoil-Bunker LLC.

By Fuel Grade
Intermediate Fuel Oil (IFO) 380
Intermediate Fuel Oil (IFO) 180
Intermediate Fuel Oil (IFO) Others
Marine Gas Oil (MGO)/Marine Diesel Oil (MDO)

Customized Report: https://www.progressivemarkets.com/request-customization/bunker-fuel-market

By End-User
Container Vessels
Tankers Vessels
Bulk & General Cargo Vessels
Other Vessels

By Geography

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe

Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific

LAMEA
Brazil
Saudi Arabia
Argentina
Rest of LAMEA

Enquire About Report: https://www.progressivemarkets.com/enquiry-about-report/bunker-fuel-market

Table of Content for Bunker Fuel Market

Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis

Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology

Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Bunker Fuel Market Shares Analysis, 2014-2025

Continue to Report Overview and Full ToC: https://www.progressivemarkets.com/industry-research/bunker-fuel-market

List of Tables
Contain 33 Tables

List of Figures
Contain 46 Figures

Discount on Full Report: https://www.progressivemarkets.com/get-discount/bunker-fuel-market

About Progressive
The company makes use of primary corporate research and secondary inputs from trusted sources to build its own reference base. It maintains consistency in quality as it keeps itself updated with changes in market dynamics and gauging its net effect on global business trends.

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Fatak Baug, Pune 411 030
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help@progressivemarkets.com
https://www.progressivemarkets.com

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