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Bunker Fuel Market to Reach $130.1 Bn, Globally, by 2027 at 3.1% CAGR: AMR

by Type (High Sulfur Fuel Oil, Low Sulfur Fuel Oil, Marine Gasoil, and Others), Commercial Distributor (Oil Majors, Large Independent, and Small Independent), and Application (Container, Bulk Carrier, Oil Tanker, General Cargo, Chemical Tanker, Fishing Vessels, Gas Tankers, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global bunker fuel industry generated $120.1 billion in 2019, and is projected to reach $130.1 billion by 2027, witnessing a CAGR of 3.1% from 2020 to 2027.
Drivers, restraints, and opportunities
IMO regulation on sulfur content in marine fuel and increase in offshore oil & gas exploration activities drive the growth of the global bunker fuel market. However, fuel reduction initiatives by the shipping community hinders the market growth. On the other hand, LNG bunkering financing creates new opportunities in the coming years. ....

United States , Hong Kong , United Kingdom , David Correa , Gazprom Neft , Sulfur Fuel Oil , Semiconductor Electronics , Oil Tanker , Energy Power , Aerospace Defense , Library Premium , Type High Sulfur Fuel Oil , Exxon Mobil Corporation , Chevron Corporation , Distributor Oil Majors , Business Intelligence Solutions , Sinopec Group , Market Research , Royal Dutch Shell , Avenue Library Subscription , Prnewswire Allied Market Research , Life Sciences , Oil Storage Market , Fuel Market , High Sulfur Fuel Oil , Low Sulfur Fuel Oil ,

Bunker Fuel Market All You Need To Know | BP p.l.c., Exxon Mobil Corporation, Royal Dutch Shell PLC

Bunker Fuel Market All You Need To Know | BP p.l.c., Exxon Mobil Corporation, Royal Dutch Shell PLC
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United States , Hong Kong , United Kingdom , Czech Republic , New Zealand , South Korea , Republic Of , South Africa , Languedoc Roussillon , Saudi Arabia , Saudi Arabian , Gazprom Neft , Technology Source , Valero Energy Corporation , High Sulfur Fuel Oil , Sulfur Fuel Oil , Marine Gasoil Diesel Oil , International Trade Type Analysis , Oil Tanker , Bomin Bunker Oil Corp , Research Newswire , Type High Sulfur Fuel Oil , World Fuel Services Corporation , Sales Analysis Company Segment , Browse Premium Research , Sales Price Analysis Company Segment ,