
LNG as a Bunker Fuel Market Size, Share, By Product (Portable Tanks, Port to Ship, Ship to Ship and Truck to Ship), Component (LNG Storage Tanks, Bunker Station, Control & Safety structures, Fuel Pumps, and Others), Vessel Type (Offshore Tugs & Services,
Description
LNG as a Bunker Fuel Market Size, Share, By Product (Portable Tanks, Port to Ship, Ship to Ship and Truck to Ship), Component (LNG Storage Tanks, Bunker Station, Control & Safety structures, Fuel Pumps, and Others), Vessel Type (Offshore Tugs & Services, Ferries, Oil & Chemical Tankers, Container Ships, Gas Carriers, Bilk & General Cargo, and Others), and Region - Trends, Analysis, and Forecast till 2035
The LNG as a bunker fuel market size is projected to grow from US$ 0.66 billion in 2018 to US$ 1.57 billion by 2029, at 8.55% CAGR.
LNG as a Bunker Fuel market is expected to register lucrative growth over the forecast period. This is attributed to increasing environmentally friendly policies regarding the level of emission of sulfur.
Liquefied natural gas (LNG) as a bunker fuel has recently gained more attention in Europe, Asia Pacific, and the U.S. As LNG far outperforms conventional marine fuels on a local emissions basis, effectively insulating companies from the impact of future, more demanding, and regulations.
List of Key Players in the Market:
The market report has been segmented on the basis of navigation area, application, and region.
Segmentation:
By Product:
The LNG as a bunker fuel market size is projected to grow from US$ 0.66 billion in 2018 to US$ 1.57 billion by 2029, at 8.55% CAGR.
LNG as a Bunker Fuel market is expected to register lucrative growth over the forecast period. This is attributed to increasing environmentally friendly policies regarding the level of emission of sulfur.
Liquefied natural gas (LNG) as a bunker fuel has recently gained more attention in Europe, Asia Pacific, and the U.S. As LNG far outperforms conventional marine fuels on a local emissions basis, effectively insulating companies from the impact of future, more demanding, and regulations.
List of Key Players in the Market:
- Broadview Energy Solutions B.V.
- Arkas Holding
- Crowley
- Eagle LNG Partners
- Equinor ASA
- EVOL LNG
- Fluxys
- Gasum Ltd
- Harvey Gulf International Marine
- Naturgy
- Petroliam Nasional Berhad
- Petronet LNG Ltd.
- QLNG Transport LLC
- Shell plc
- TotalEnergies
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2025 to 2035.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
- Market intelligence to enable effective decision-making
- Growth opportunities and trend analyses
- Market estimates and forecasts from 2025 to 2035
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- In October 2016, the International Maritime Organization affirmed its decision to implement a much tighter global sulfur cap of 0.5% on marine fuels from January 2020, which shifted the bunker manufacturers from traditional fuel to LNG fuel.
- In September 2015, China announced a five-year scheme to reduce SOx and NOx by up to 65% in three ECAs, which includes some of China’s major ports.
The market report has been segmented on the basis of navigation area, application, and region.
- By navigation area the global LNG as a Bunker Fuel market is segmented into inland waterways and ocean & sea, where the ocean & sea segment is expected to account for the highest share.
- By application the global LNG as a Bunker Fuel market is segmented into LNG ships and others. Where the LNG ships are projected to dominate the market.
- By region, the Europe market accounted for a major revenue share of the global LNG as a Bunker Fuels market and is further anticipated to maintain its dominance over the forecast period.
Segmentation:
By Product:
- Portable Tanks
- Port to Ship
- Ship to Ship
- Truck to Ship
- LNG Storage Tanks
- Bunker Station
- Control and Safety Structures
- Fuel Pumps
- Others.
- Hybrid Lens Offshore Tugs & Services
- Ferries
- Oil and Chemical Tankers
- Container Ships
- Gas Carriers
- Bilk and General Cargo
- Others.
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- How is the LNG as a Bunker Fuel Market expected to evolve by 2035?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2035?
- Who are the leading players in the market, and what are their prospects?
Table of Contents
145 Pages
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Preview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product
- Market Snippet, By Components
- Market Snippet, By Vessel Type
- Market Snippet, By Region
- Opportunity Map Analysis
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Type Launch
- Merger and Acquisitions
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Overview of Vessel Arrangements
- Risk Assessment
- Duel Fuel Engine Emission Profiles
- Market Segmentation, By Product, Forecast Period up to 10 Years, (USD Mn)
- Overview
- Market Value and Forecast (USD Mn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Portable Tanks
- Overview
- Market Size and Forecast (USD Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Port to Ship
- Overview
- Market Size and Forecast (USD Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Ship to Ship
- Overview
- Market Size and Forecast (USD Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Truck to Ship
- Overview
- Market Size and Forecast (USD Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By Component, Forecast Period up to 10 Years, (USD Mn)
- Overview
- Market Value and Forecast (USD Mn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- LNG Storage Tanks
- Overview
- Market Size and Forecast (USD Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Bunker Station
- Overview
- Market Size and Forecast (USD Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Control and Safety Structures
- Overview
- Market Size and Forecast (USD Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Fuel Pumps
- Overview
- Market Size and Forecast (USD Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (USD Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By Vessel Type, Forecast Period up to 10 Years, (USD Mn)
- Overview
- Market Value and Forecast (USD Mn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Offshore Tugs & Services
- Overview
- Market Size and Forecast (USD Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Ferries
- Overview
- Market Size and Forecast (USD Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Oil and Chemical Tankers
- Overview
- Market Size and Forecast (USD Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Container Ships
- Overview
- Market Size and Forecast (USD Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Gas Carriers
- Overview
- Market Size and Forecast (USD Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Bulk and General Cargo
- Overview
- Market Size and Forecast (USD Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (USD Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Mn)
- Overview
- Market Value and Forecast (USD Mn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (USD Mn), By Product, Forecast Period up to 10 Years
- Market Size and Forecast (USD Mn), By Component, Forecast Period up to 10 Years
- Market Size and Forecast (USD Mn), By Vessel Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Mn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Asia Pacific
- Market Size and Forecast (USD Mn), By Product, Forecast Period up to 10 Years
- Market Size and Forecast (USD Mn), By Component, Forecast Period up to 10 Years
- Market Size and Forecast (USD Mn), By Vessel Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Mn), By Country, Forecast Period up to 10 Years
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- South Korea
- Rest of Asia Pacific
- Europe
- Market Size and Forecast (USD Mn), By Product, Forecast Period up to 10 Years
- Market Size and Forecast (USD Mn), By Component, Forecast Period up to 10 Years
- Market Size and Forecast (USD Mn), By Vessel Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Mn), By Country, Forecast Period up to 10 Years
- Germany
- U.K.
- France
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
- Latin America
- Market Size and Forecast (USD Mn), By Product, Forecast Period up to 10 Years
- Market Size and Forecast (USD Mn), By Component, Forecast Period up to 10 Years
- Market Size and Forecast (USD Mn), By Vessel Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Mn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East and Africa
- Market Size and Forecast (USD Mn), By Product, Forecast Period up to 10 Years
- Market Size and Forecast (USD Mn), By Component, Forecast Period up to 10 Years
- Market Size and Forecast (USD Mn), By Vessel Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Mn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East and Africa
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Broadview Energy Solutions B.V.
- Arkas Holding
- Crowley
- Eagle LNG Partners
- Equinor ASA
- EVOL LNG
- Fluxys
- Gasum Ltd
- Harvey Gulf International Marine
- Naturgy
- Petroliam Nasional Berhad
- Petronet LNG Ltd.
- QLNG Transport LLC
- Shell plc
- TotalEnergies
Pricing
Currency Rates
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