LNG as Bunker Fuel Market 2018-2025 Global Industry Size, Share, Top 11 Key Manufacturers, Demand and Forecast Research
Aug 6, 2018
The Global LNG as Bunker Fuel Market is expected to grow USD XX Million by 2025 at a CAGR of around 9.3% during the forecast period, 2018-2025.
August 6, 2018 /MarketersMedia/ —
The global LNG as bunker fuel market is anticipated to show strong growth within forecast. Growth in the market is attributed to low prices of LNG fuel than other conventional fuel. Moreover, IMO regulations of sulfur cap for marine fuels coupled with high growth in marine trade is expected to propel the market growth in the near future.
However, high investment cost and lack of LNG fueling infrastructure are some of the key factors which would restrict the growth of the market. LNG as bunker fuel provides lower ship emissions than traditional bunker fuels.
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Ongoing research and technological advancement are potential opportunities which would drive the market growth in the forecast period.
On the basis of navigation area, the LNG as a bunker fuel market can be segmented into ocean & sea and inland waterways. In terms of revenue, ocean & sea was the leading segment in 2017. It is one of the cost-effective methods to transport goods and raw materials in bulk.
Regionally, North America, Latin America, Europe, Asia Pacific, And The Middle East & Africa constitute the key market segments. Each region has been further segmented into countries such as the U.S., UK, France, Germany, China, India, Japan, and Brazil. In terms of revenue, Europe accounted for the largest share of this market in 2017. This growth can be attributed to increasing demand among countries, such as Spain, Belgium, and the Netherlands in the region owing to stringent regulations in ECAs. Asia Pacific is expected to experience strong growth over the forecast period.
Complete report on LNG as Bunker Fuel Market spread across 121 pages, profiling 12 companies and supported with tables and figures. Enquire for more at - https://www.orianresearch.com/enquiry-before-buying/590373 .
Some of the key players operating in this market include - Statoil ASA, Barents Natural Gas AS, The Linde Group, ENGIE SA, Royal Dutch Shell Plc, Gasum Oy, Korea Gas Corporation, Kunlun Energy Company Ltd., Eni s.p.A, CNOOC Limited, Energize and Others.
Key Benefits of the Report:
• Global, Regional, Country, Application, and Deployment Market Size and Forecast from 2014-2025
• Detailed market dynamics, industry outlook with market-specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
• Identification of key companies that can influence this market on a global and regional scale
• Expert interviews and their insights into market shift, current and future outlook and factors impacting vendors short term and long term strategies
• Detailed insights into emerging regions, deployment & application, and competitive landscape with qualitative and quantitative information and facts
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Table of Content
1 Executive Summary
2 Methodology and Market Scope
3 LNG as Bunker Fuel Market — Industry Outlook
4 LNG as Bunker Fuel Market Type Outlook
5 LNG as Bunker Fuel Market Application Outlook
6 LNG as Bunker Fuel Market Regional Outlook
7 Competitive Landscape
End of the report
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