According to Stratistics MRC, the Global LNG Bunkering market is expected to grow from $248.64 million in 2016 to reach $8187.35 million by 2023 with a CAGR of 64.7%. Growing marine logistic business, cost efficient LNG products, and imposing environmental regulations on chemical emissions are some of the factors bolstering the market growth. In addition, easy deployment facility is another factor fuelling the market growth. However, higher capital investments, poor bunkering infrastructure are the factors inhibiting the market growth.
Offshore Support Vessels (OSVs) segment is anticipated to be the largest market for the global LNG Bunkering market during the forecast period. The growth is attributed to feasible operations during shipping and loading. Moreover bulk and general cargo fleet segment is anticipated to register higher CAGR during the forecast period. Asia Pacific is expected to witness remarkable growth driven by increasing marine trade business.
Some of the key players in global LNG bunkering market include Bomin Linde LNG GmbH & Co. KG, Crowley Maritime, Eagle LNG, ENN Energy, EVOL LNG, Fjord Line, Gasnor AS, Gazpromneft Marine Bunker LLC, GDF SUEZ SA, Harvey Gulf International Marine LLC, Korea Gas Corporation, Polskie LNG, Prima LNG, Royal Dutch Shell Plc, and Skangass AS.
End Uses Covered: • Ferries • Cruise-ships • Bulk and General Cargo Fleet • Container Fleet • Offshore Support Vessels (OSVs) • Tanker Fleet • Other End Uses
Regions Covered: • North America US Canada Mexico • Europe Germany France Italy UK Spain Rest of Europe • Asia Pacific Japan China India Australia New Zealand Rest of Asia Pacific • Rest of the World Middle East Brazil Argentina South Africa Egypt
What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements