Bunker fuel is the term used to describe the oil used in the bunkers of heavy, deep-sea cargo ships to power its engines. According to this study, over the next five years the Bunker Fuel market will register a 7.8%% CAGR in terms of revenue, the global market size will reach $ 150900 million by 2025, from $ 111820 million in 2019. Global marine fuel demand is estimated at about 300 million … 英語タイトル：Global Bunker Fuel Market Size study, 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), and Regional Forecasts 2020-2027 Global Bunker Fuel Market 2017: Industry, Sales, Demand, Analysis, Opportunities and Forecast to 2022 Published: Jan-2018 | Format: PDF | YQ Research | Number of pages: 114 Report Details 7.1 Global LNG as a Bunker Fuel Sales (K Units) and Market Share by Regions 2014-2020 7.2 Global LNG as a Bunker Fuel Revenue (M USD) and Market Share by Regions 2014-2020 7.3 Global LNG as a Bunker Fuel … IEA. Global bunker demand expected to decline this year. The new global limits on sulfur content for marine fuels are estimated to significantly impact the bunker fuel market. Statista. "Global marine bunkers product demand in 2018 with a forecast for 2019 to 2024, by fuel type (in million barrels per day)." 【英語タイトル】Global Bunker Fuel Market Size study, 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), and Regional Forecasts 2020-2027 Rising tourism industry fueled by demographic changes increased disposable income, and The shift affects approximately four million barrels per day of oil consumption or 4% of According to a new report published by Allied Market Research titled, “Bunker Fuel Market by Type, Commercial Distributor, and Application: Opportunity Analysis and Industry Forecast, 2020–2027,” the global bunker fuel market size was valued at $120.1 billion in 2019, and is projected to reach $130.1 billion by 2027, growing at a CAGR of 3.1% from 2020 to 2027. 7 Global Bunker Fuel Market Size in Value (US$ Bn) & Volume (Mn Tons), By Geography, 2013 – 2020 7.1 Overview 7.1.1 Global Bunker Fuel Market Share Analysis … The Bunker Fuel Oil market report contains a comprehensive study of crucial aspects such as key trends and opportunities in this industry vertical … Chart. Bunker fuel contains highly toxic element including sulphur threatening the marine environment and aquatic life hindering its market growth. Global bunker fuel market expected to reach USD 155.1 billion in 2024, growing at a CAGR of slightly above 5.5% between 2018 and 2024. Bunker-One-America estimates a net fall in bunker demand of 9.3% in Q2 2020 versus Q2 2019, but there have been sharp regional differences in the severity of the decline. Bunker fuel is the cheapest available and most used fuel in the shipping industry and supports the demand for bunker fuel market. On 27 October 2016, the IMO came to a broad agreement to implement the global reduction in the sulfur content of marine bunker fuel from 1 January 2020. November 15, 2019. In January 2020, the global ship bunker fuel specification changes from a maximum of 3.5 weight percentage (wt%) sulfur to maximum 0.5 wt%. The US Gulf Coast has taken a knock, with bunker 英語タイトル：Global Bunker Fuel Market Size study, 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), and Regional Forecasts 2020-2027 In May 2018, only 121 LNG powered vessels were in service. Discover how you can access our oil prices, news & analysis Learn More About S&P Global Platts Bunker Global Bunker Fuel Market was valued US $ 106.90 bn in 2019 and is expected to reach US$ XX bn by 2026, at a CAGR of XX % during a forecast period. Powered vessels were in service fuel alone is estimated to have fallen between 7-17 % in 2020 ships to its! A knock, with bunker IEA vessels were in service sulphur regulations therefore have potential. 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