Global Bunker Fuel Market 2020-2024 | High Global Volume of Seaborne Trade to Boost Growth | Technavio

Technavio has announced its latest market research report titled Global Bunker Fuel Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the global bunker fuel market and it is poised to grow by USD 43.75 bn during the forecast period, 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request a free sample report

The market is fragmented, and the degree of fragmentation will during the forecast period. PetroChina Co. Ltd., Qatar Petroleum, Rosneft Oil Co., Royal Dutch Shell Plc and TOTAL SA are some of the major market participants. Although the high global volume of seaborne trade will offer immense growth opportunities, high cost of premium products will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

High global volume of seaborne trade has been instrumental in driving the growth of the market. However, high cost of premium products might hamper market growth.

Global bunker fuel market 2020-2024: Segmentation

Global bunker fuel market is segmented as below:

Type

  • High Sulfur Fuel
  • Low Sulfur Fuel

Geographic Segmentation

  • APAC
  • Europe
  • MEA
  • North America
  • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40326

Global bunker fuel market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our global bunker fuel market report covers the following areas:

  • Global bunker fuel market Size
  • Global bunker fuel market Trends
  • Global bunker fuel market Industry Analysis

This study identifies development of scrubber technology as one of the prime reasons driving the global bunker fuel market growth during the next few years.

Global bunker fuel market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the global bunker fuel market, including some of the vendors such as PetroChina Co. Ltd., Qatar Petroleum, Rosneft Oil Co., Royal Dutch Shell Plc and TOTAL SA. Backed with competitive intelligence and benchmarking, our research reports on the global bunker fuel market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Global bunker fuel market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist global bunker fuel market growth during the next five years
  • Estimation of the global bunker fuel market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behaviour
  • The growth of the global bunker fuel market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of global bunker fuel market vendors

Table of Content

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value chain analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TYPE

  • Market segmentation by type
  • Comparison by type
  • High sulfur fuel - Market size and forecast 2019-2024
  • Low sulfur fuel - Market size and forecast 2019-2024
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Development of scrubber technology
  • Development of emulsified fuels
  • Adoption of modular mini refineries

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • BP Plc
  • Chevron Corp.
  • Exxon Mobil Corp.
  • Indian Oil Corp. Ltd.
  • Ocean Bunkering Services (Pte.) Ltd.
  • PetroChina Co. Ltd.
  • Qatar Petroleum
  • Rosneft Oil Co.
  • Royal Dutch Shell Plc
  • TOTAL SA

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The bunker fuel market is poised to grow by USD 43.75 bn during 2020-2024, according to Technavio

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/