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Global Bunker Oil Market 2018-2022

Global Bunker Oil Market 2018-2022

About Bunker Oil

Bunker fuels are also known as marine fuels and are mainly divided into two categories, namely, residual fuel (heavy fuel oil) and the distillates. Marine fuels are supplied to the shipping industry for using them in ships’ bunkers to power their engines.

Technavio’s analysts forecast the global bunker oil market to grow at a CAGR of 3.74% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global bunker oil market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Bunker Oil Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BP
  • Chevron
  • Exxon Mobil
  • Gazprom
  • HPCL
  • Royal Dutch Shell
Market driver
  • Increasing naval expenditure
  • For a full, detailed list, view our report
Market challenge
  • Fluctuations in oil and gas
  • For a full, detailed list, view our report
Market trend
  • Growing LNG market
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Bunker Oil Market 2018-2022

Technavio recognizes the following companies as the key players in the global bunker oil market: BP, Chevron, Exxon Mobil, Gazprom, HPCL, and Royal Dutch Shell.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing LNG market. The LNG is used to reduce emissions of greenhouse gases (GHG), as it is odorless, non-toxic, and non-corrosive. It also evaporates quickly when exposed to air, leaving no residue behind.”

According to the report, one driver in the market is increasing naval expenditure. The governments across the globe are increasing their spending to raise the defense capacities of their countries to combat external threats pertaining to security issues. The global military expenditure is likely to increase considerably over the next few years.

Further, the report states that one challenge in the market is fluctuations in oil and gas. The bunker oil is directly linked to the crude oil prices, and its success or failure depends on the pricing of this commodity. The oil and gas industry witnessed a prolonged period of low crude oil prices since July 2014.

Companies Mentioned

BP, Chevron, Exxon Mobil, Gazprom, HPCL, and Royal Dutch Shell.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global crude oil market segmentation
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global bunker oil market – Market size and forecast 2017-2022 (MMT)
      • Table Global bunker oil market – Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Product – Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Residual fuel – Market size and forecast 2017- 2022
      • Table Residual fuel – Market size and forecast 2017-2022 (MMT)
      • Table Residual fuel – Year-over-year growth 2018-2022 (%)
    • Distillate fuel – Market size and forecast 2017- 2022
      • Table Distillate fuel – Market size and forecast 2017-2022 (MMT)
      • Table Distillate fuel – Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Regional – Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC – Market size and forecast 2017-2022
      • Table APAC – Market size and forecast 2017-2022 (MMT)
      • Table APAC – Year-over-year growth 2018-2022 (%)
    • EMEA – Market size and forecast 2017-2022
      • Table EMEA – Market size and forecast 2017-2022 (MMT)
      • Table EMEA – Year-over-year growth 2018-2022 (%)
    • Americas – Market size and forecast 2017-2022
      • Table Americas – Market size and forecast 2017-2022 (MMT)
      • Table Americas – Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Defense spending by top 10 countries 2017
      • Table Global liquid fuel consumption 2011-2019 (mbpd)
      • Table Global seaborne trade 2006-2016 (million tons)
    • Market challenges
      • Table Global crude oil price 2012-2017 ($/bbl)
  • Market trends
    • Growing LNG market
    • Development of scrubber technology
    • Development of emulsified fuels
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • BP
      • Table BP – Overview
      • Table BP – Business segments
      • Table BP – Organizational developments
      • Table BP – Geographic focus
      • Table BP – Segment focus
      • Table BP – Key offerings
    • Chevron
      • Table Chevron – Overview
      • Table Chevron – Business segments
      • Table Chevron – Organizational developments
      • Table Chevron – Geographic focus
      • Table Chevron – Segment focus
      • Table Chevron – Key offerings
    • Exxon Mobil
      • Table Exxon Mobil – Overview
      • Table Exxon Mobil – Business segments
      • Table Exxon Mobil – Organizational developments
      • Table Exxon Mobil – Geographic focus
      • Table Exxon Mobil – Segment focus
      • Table Exxon Mobil – Key offerings
    • Gazprom
      • Table Gazprom – Overview
      • Table Gazprom – Business segments
      • Table Gazprom – Organizational developments
      • Table Gazprom – Geographic focus
      • Table Gazprom – Segment focus
      • Table Gazprom – Key offerings
    • HPCL
      • Table HPCL – Overview
      • Table HPCL – Business segments
      • Table HPCL – Organizational developments
      • Table HPCL – Geographic focus
      • Table HPCL – Segment focus
      • Table HPCL – Key offerings
    • Royal Dutch Shell
      • Table Royal Dutch Shell – Overview
      • Table Royal Dutch Shell – Business segments
      • Table Royal Dutch Shell – Organizational developments
      • Table Royal Dutch Shell – Geographic focus
      • Table Royal Dutch Shell – Segment focus
      • Table Royal Dutch Shell – Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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