Bunker Fuel Market by Grade (IFO 180, IFO 380, IFO Others), Seller Type (Leading Independent Distributors, Major Oil Company, Small Independent Distributors), End-user - Global Forecast 2023-2030

Bunker Fuel Market by Grade (IFO 180, IFO 380, IFO Others), Seller Type (Leading Independent Distributors, Major Oil Company, Small Independent Distributors), End-user - Global Forecast 2023-2030


The Bunker Fuel Market is projected to reach USD 322.67 billion by 2030 from USD 163.35 billion in 2022, at a CAGR of 8.88% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Bunker Fuel Market.
  • Based on Grade, market is studied across IFO 180, IFO 380, IFO Others, and Marine Diesel Oil or Marine Gasoil. The IFO Others is projected to witness significant market share during forecast period.
  • Based on Seller Type, market is studied across Leading Independent Distributors, Major Oil Company, and Small Independent Distributors. The Small Independent Distributors is projected to witness significant market share during forecast period.
  • Based on End-user, market is studied across Bulk and General Cargo Fleet, Container Fleet, and Tanker Fleet. The Container Fleet is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Bunker Fuel Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Bunker Fuel Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Bunker Fuel Market, highlighting leading vendors and their innovative profiles. These include Aegean Marine Petroleum Network, Inc., BP Marine Ltd., BP Sinopec Marine Fuels, Bunker Holding A/S, Bunker One A/S, Chevron Corporation, Exxon Mobil Corporation, Marathon Petroleum Corporation, Neste Oyj, Peninsula Petroleum Inc., Shell plc, The PJSC Lukoil Oil Company, TotalEnergies SE, Valero Energy Corporation, and World Fuel Services Corporation.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Bunker Fuel Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Bunker Fuel Market?
  3. What is the competitive strategic window for identifying opportunities in the Bunker Fuel Market?
  4. What are the latest technology trends and regulatory frameworks in the Bunker Fuel Market?
  5. What is the market share of the leading vendors in the Bunker Fuel Market?
  6. Which modes and strategic moves are suitable for entering the Bunker Fuel Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Bunker Fuel Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing demand from crude oil and product tankers
5.1.1.2. Increasing offshore oil and gas exploration activities
5.1.1.3. Increasing popularity of LNG trade
5.1.2. Restraints
5.1.2.1. Availability of LNG fuel technology as an alternative to bunker fuel
5.1.3. Opportunities
5.1.3.1. Technological development in the vessels and their engines
5.1.3.2. Growing import and export activities in the developing countries
5.1.4. Challenges
5.1.4.1. Strict regulations regarding fuel quality
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Bunker Fuel Market, by Grade
6.1. Introduction
6.2. IFO 180
6.3. IFO 380
6.4. IFO Others
6.5. Marine Diesel Oil or Marine Gasoil
7. Bunker Fuel Market, by Seller Type
7.1. Introduction
7.2. Leading Independent Distributors
7.3. Major Oil Company
7.4. Small Independent Distributors
8. Bunker Fuel Market, by End-user
8.1. Introduction
8.2. Bulk and General Cargo Fleet
8.3. Container Fleet
8.4. Tanker Fleet
9. Americas Bunker Fuel Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Bunker Fuel Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Bunker Fuel Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Aegean Marine Petroleum Network, Inc.
13.1.2. BP Marine Ltd.
13.1.3. BP Sinopec Marine Fuels
13.1.4. Bunker Holding A/S
13.1.5. Bunker One A/S
13.1.6. Chevron Corporation
13.1.7. Exxon Mobil Corporation
13.1.8. Marathon Petroleum Corporation
13.1.9. Neste Oyj
13.1.10. Peninsula Petroleum Inc.
13.1.11. Shell plc
13.1.12. The PJSC Lukoil Oil Company
13.1.13. TotalEnergies SE
13.1.14. Valero Energy Corporation
13.1.15. World Fuel Services Corporation
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing

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