Global LNG Bunkering Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global LNG Bunkering Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4) that has been converted to liquid form for ease of storage or transport.



LNG is an attractive fuel choice for many vessels because it exceeds the air quality standards set forth. It takes up about 1/600th the volume of natural gas in the gaseous state. It is odorless, colorless, non-toxic and non-corrosive. Hazards include flammability after vaporization into a gaseous state, freezing and asphyxia.



The liquefaction process involves removal of certain components, such as dust, acid gases, helium, water, and heavy hydrocarbons, which could cause difficulty downstream. The natural gas is then condensed into a liquid at close to atmospheric pressure by cooling it to approximately −162 °C (−260 °F); maximum transport pressure is set at around 25 KPa (4 psi).



LNG Bunkering is a particular type of operation where LNG fuel is transferred from a given distribution source to a LNG fuelled ship. It involves the participation of different stakeholders, from the ship-side, LNG supplier, ports, safety personnel, administrations and policy makers. In this report, LNG bunkering only refers to LNG bunkering fuel.

According to our (Global Info Research) latest study, the global LNG Bunkering market size was valued at US$ 1251 million in 2023 and is forecast to a readjusted size of USD 2536 million by 2030 with a CAGR of 10.7% during review period.

The major players in global LNG Bunkering market include Skangas, Shell (Gasnor), Statoil, etc. The top 3 players occupy about 50% shares of the global market. Europe and Asia-Pacific are main markets, they occupy about 75% of the global market. Truck-to-Ship is the main type, with a share about 70%. Ferries & OSV is the main application, which holds a share about 40%.

This report is a detailed and comprehensive analysis for global LNG Bunkering market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global LNG Bunkering market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global LNG Bunkering market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global LNG Bunkering market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global LNG Bunkering market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for LNG Bunkering

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global LNG Bunkering market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Gasum, Shell (Gasnor), Equinor, Barents Naturgass, Engie, Bomin and Linde, Eni Norge, Harvey Gulf, Polskie LNG, Korea Gas Corp, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

LNG Bunkering market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Truck-to-Ship
Ship-to-Ship
Port-to-Ship
Others

Market segment by Application
Container Vessels
Tanker Vessels
Bulk & General Cargo Vessels
Ferries & OSV
Others

Major players covered
Gasum
Shell (Gasnor)
Equinor
Barents Naturgass
Engie
Bomin and Linde
Eni Norge
Harvey Gulf
Polskie LNG
Korea Gas Corp
Gaz Metro

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe LNG Bunkering product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of LNG Bunkering, with price, sales quantity, revenue, and global market share of LNG Bunkering from 2019 to 2024.

Chapter 3, the LNG Bunkering competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the LNG Bunkering breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and LNG Bunkering market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of LNG Bunkering.

Chapter 14 and 15, to describe LNG Bunkering sales channel, distributors, customers, research findings and conclusion.