Global Marine Fuel Oil Competitive Landscape Professional Research Report 2024
Research Summary
Marine fuel oil, commonly known as bunker fuel, is a type of fuel specifically formulated for use in ships and maritime vessels. It is a heavy and viscous oil derived from crude oil that is primarily used to power large marine engines. Marine fuel oil is characterized by its high energy density, which makes it an efficient and cost-effective choice for powering vessels over long distances. It typically has a high sulfur content, although stricter environmental regulations have led to the development and use of low sulfur fuel oil (LSFO) and alternative fuels such as liquefied natural gas (LNG). Marine fuel oil is classified based on its viscosity, with different grades available to meet the specific requirements of various types of engines and vessels. It is stored in dedicated fuel tanks on board ships and delivered to vessels at ports through bunkering operations. With the global shipping industry being a major consumer of fuel oil, efforts are being made to transition towards more sustainable and environmentally friendly alternatives to reduce greenhouse gas emissions and improve air quality.
According to DIResearch's in-depth investigation and research, the global Marine Fuel Oil market size will reach XX US$ Million in 2024, and is expected to reach XX US$ Million in 2030, with a CAGR of XX% (2025-2030). Among them, the China market has changed rapidly in the past few years. The market size in 2024 will be XX US$ Million, accounting for approximately XX% of the world. It is expected to reach XX US$ Million in 2030, and the global share will reach XX%.
The major global manufacturers of Marine Fuel Oil include World Fuel Services, Bunker Holding, Chemoil, Aegean Marine Petroleum, China Marine Bunker, Bright Oil, BP, Exxon Mobil, Shell, Sinopec, Lukoil-Bunker, Total Marine Fuel, Gazpromneft, China Changjiang Bunker, Southern Pec, GAC, Shanghai Lonyer Fuels, China Shipping & Sinopec Suppliers etc. The global players competition landscape in this report is divided into three tiers. The first tiers is the global leading enterprise, which occupies a major market share, is in a leading position in the industry, has strong competitiveness and influence, and has a large revenue scale; the second tiers has a certain share and popularity in the market, actively follows the industry leaders in product, service or technological innovation, and has a medium revenue scale; the third tiers has a smaller share in the market, has a lower brand awareness, mainly focuses on the local market, and has a relatively small revenue scale.
This report studies the market size, price trends and future development prospects of Marine Fuel Oil. Focus on analysing the market share, product portfolio, prices, sales volume, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Marine Fuel Oil market. The report data covers historical data from 2018 to 2023, based year in 2024 and forecast data from 2025 to 2030.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Marine Fuel Oil market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Marine Fuel Oil industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Marine Fuel Oil Include:
World Fuel Services
Bunker Holding
Chemoil
Aegean Marine Petroleum
China Marine Bunker
Bright Oil
BP
Exxon Mobil
Shell
Sinopec
Lukoil-Bunker
Total Marine Fuel
Gazpromneft
China Changjiang Bunker
Southern Pec
GAC
Shanghai Lonyer Fuels
China Shipping & Sinopec Suppliers
Marine Fuel Oil Product Segment Include:
Distillate Fuel Oil
Residual Fuel Oil
LNG
Marine Fuel Oil Product Application Include:
Tanker Vessels
Container Vessels
Bulk Vessels
General Cargo Vessels
Other
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Marine Fuel Oil Capacity and Production Analysis
Chapter 3: Global Marine Fuel Oil Industry PESTEL Analysis
Chapter 4: Global Marine Fuel Oil Industry Porter’s Five Forces Analysis
Chapter 5: Global Marine Fuel Oil Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 6: Global Marine Fuel Oil Market Size and Forecast by Type and Application Analysis
Chapter 7: North America Marine Fuel Oil Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: Europe Marine Fuel Oil Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: China Marine Fuel Oil Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: APAC (Excl. China) Marine Fuel Oil Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Latin America Marine Fuel Oil Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Middle East and Africa Marine Fuel Oil Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 13: Global Marine Fuel Oil Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 14: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 15: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 16: Research Findings and Conclusion
Chapter 17: Methodology and Data Sources