Report cover image

Bunker Fuel Market Size- By Applications, By Commercial Distributors, By End Users, By Fuel Grades- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Publisher SPER Market Research Pvt. Ltd.
Published Feb 27, 2023
Length 253 Pages
SKU # SPER18067135

Description

Bunker Fuel Market Size- By Applications, By Commercial Distributors, By End Users, By Fuel Grades- Regional Outlook, Competitive Strategies and Segment Forecast to 2032


Global Bunker Fuel Market Overview

According to SPER Market Research, the Global Bunker Fuel Market is estimated to reach USD 186.72 billion by 2032 with a CAGR of 4.54%. The term Bunker fuel is used for the fuel oil used by marine vessels. It is used in the ship bunker to keep the engines moving. Residual fuel and distillate fuel are the main categories of fuels used in bunkers. It is mainly classified into three categories (A, B and C) depending on the quality with A being the highest quality and C being the lowest. There is another classification for the fuel which is based on the amount of sulphur present in the oil.

Impact of COVID-19 on the Global Bunker Fuel Market

The infestation of COVID-19 has resulted in a drop in the global bunker fuel market which can be attributed to lockdown imposed which restricted the movements across the borders. Due to this we saw a steep fall in the number of shipments. It disrupted the import, export and hence the overall supply chain of many non-essential commodities which in turn affected the global bunker fuel market in a negative manner. But in post covid periods the shipments are regaining the numbers or in fact increasing than previous which is helping in increase in the market in the forecast period.

Scope of the Report:

Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032

Segments coveredBy Application, By Commercial Distributors, By End Users, By Fuel Grades

Regions coveredAsia-Pacific, Europe, Middle East and Africa, North America, Latin America

Companies Covered

BP plc., BP SINOPEC , MARINE FUELS, Brightoil Petroleum (Holdings) Limited, Chemoil Energy Limited, China Petrochemical Corporation, Exxon Mobil Corporation, Petroliam Nasional Berhad (PETRONAS),Royal Dutch Shell PLC, Sinopec Group, Total SE

Global Bunker Fuel Market Segmentation:

By Application- Based on the Application, Global Bunker Fuel Market is segmented as; Bulk Carrier, Chemical Tanker, Container, Fishing Vessels, Gas Tanker, General Cargo, Oil Tanker, Others.

By Commercial Distributors- Based on the Commercial Distributors, Global Bunker Fuel Market is segmented as; Large Independent Distributor, Oil Majors, Small Independent Distributor.

By Region- Most of the revenue share belongs to the Asia and pacific region. As a result of the enormous marine commerce potential of nations like India, China, Singapore, Japan, and others, the Asia-Pacific region is anticipated to continuously dominate the bunker fuel industry.

Table of Contents

253 Pages
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Bunker Fuel Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Bunker Fuel Market Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Bunker Fuel Market
7. Global Bunker Fuel Market, By Application, 2019-2032 (USD Million)
7.1 Bulk Carrier
7.2 Chemical Tanker
7.3 Container
7.4 Fishing Vessels
7.5 Gas Tanker
7.6 General Cargo
7.7 Oil Tanker
7.8 Others
8. Global Bunker Fuel Market, By Commercial Distributors, 2019-2032 (USD Million)
8.1 Large Independent Distributor
8.2 Oil Majors
8.3 Small Independent Distributor
9. Global Bunker Fuel Market, By End User, 2019-2032 (USD Million)
9.1 Bulk Carrier
9.2 Container
9.3 Oil Tanker
9.4 Others
10. Global Bunker Fuel Market, By Fuel Grades, 2019-2032 (USD Million)
10.1 IFO 380
10.2 IFO 180
10.3 IFO others
10.4 MGO/MDO
11. Global Bunker Fuel Market, By Region, 2019-2032 (USD Million)
11.1 Global Bunker Fuel Market Size and Market Share by Region (2019-2025)
11.2 Global Bunker Fuel Market Size and Market Share by Region (2026-2032)
11.3 Asia-Pacific
11.3.1 Australia
11.3.2 China
11.3.3 India
11.3.4 Japan
11.3.5 South Korea
11.3.6 Rest of Asia-Pacific
11.4 Europe
11.4.1 France
11.4.2 Germany
11.4.3 Italy
11.4.4 Spain
11.4.5 United Kingdom
11.4.6 Rest of Europe
11.5 Middle East and Africa
11.5.1 Kingdom of Saudi Arabia
11.5.2 United Arab Emirates
11.5.3 Rest of Middle East & Africa
11.6 North America
11.6.1 Canada
11.6.2 Mexico
11.6.3 United States
11.7 Latin America
11.7.1 Argentina
11.7.2 Brazil
11.7.3 Rest of Latin America
12. Company Profiles
12.1 BP plc.
12.1.1 Company details
12.1.2 Financial outlook
12.1.3 Product summary
12.1.4 Recent developments
12.2 BP SINOPEC MARINE FUELS
12.2.1 Company details
12.2.2 Financial outlook
12.2.3 Product summary
12.2.4 Recent developments
12.3 Brightoil Petroleum (Holdings) Limited
12.3.1 Company details
12.3.2 Financial outlook
12.3.3 Product summary
12.3.4 Recent developments
12.4 Chemoil Energy Limited
12.4.1 Company details
12.4.2 Financial outlook
12.4.3 Product summary
12.4.4 Recent developments
12.5 Chevron Corporation
12.5.1 Company details
12.5.2 Financial outlook
12.5.3 Product summary
12.5.4 Recent developments
12.6 China Petrochemical Corporation
12.6.1 Company details
12.6.2 Financial outlook
12.6.3 Product summary
12.6.4 Recent developments
12.7 Exxon Mobil Corporation
12.7.1 Company details
12.7.2 Financial outlook
12.7.3 Product summary
12.7.4 Recent developments
12.8 Gazprom Neft PJSC
12.8.1 Company details
12.8.2 Financial outlook
12.8.3 Product summary
12.8.4 Recent developments
12.9 Lukoil-Bunker LLC
12.9.1 Company details
12.9.2 Financial outlook
12.9.3 Product summary
12.9.4 Recent developments
12.10 Marathon Petroleum Corporation
12.10.1 Company details
12.10.2 Financial outlook
12.10.3 Product summary
12.10.4 Recent developments
12.11 Minerva Bunkering
12.11.1 Company details
12.11.2 Financial outlook
12.11.3 Product summary
12.11.4 Recent developments
12.12 Neste
12.12.1 Company details
12.12.2 Financial outlook
12.12.3 Product summary
12.12.4 Recent developments
12.13 Petróleos Mexicanos
12.13.1 Company details
12.13.2 Financial outlook
12.13.3 Product summary
12.13.4 Recent developments
12.14 Petroliam Nasional Berhad (PETRONAS)
12.14.1 Company details
12.14.2 Financial outlook
12.14.3 Product summary
12.14.4 Recent developments
12.15 Royal Dutch Shell PLC
12.15.1 Company details
12.15.2 Financial outlook
12.15.3 Product summary
12.15.4 Recent developments
12.16 Sinopec Group
12.16.1 Company details
12.16.2 Financial outlook
12.16.3 Product summary
12.16.4 Recent developments
12.17 Total SE
12.17.1 Company details
12.17.2 Financial outlook
12.17.3 Product summary
12.17.4 Recent developments
13. List of Abbreviations
14. Reference Links
15. Conclusion
16. Research Scope

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us