The global bunker fuel market size was USD 125.03 billion in 2023, calculated at USD 130.43 billion in 2024 and is expected to be worth around USD 199.09 billion by 2034. The market is slated to expand at 4.32% CAGR from 2024 to 2034.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Bunker Fuel Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Bunker Fuel Market Revenue and Volume, by Grade, 2024-2034
8.1.1 High Sulfur Fuel Oil (HSFO)
8.1.1.1. Market Revenue and Volume Forecast (2021-2034)
8.1.2. Low Sulfur Heavy Fuel Oil (LSHFO)
8.1.2.1. Market Revenue and Volume Forecast (2021-2034)
8.1.3. Marine Gas Oil (MGO)
8.1.3.1. Market Revenue and Volume Forecast (2021-2034)
8.1.4. Liquefied Natural Gas (LNG)
8.1.4.1. Market Revenue and Volume Forecast (2021-2034)
8.1.5. Others
8.1.5.1. Market Revenue and Volume Forecast (2021-2034)
9.1. Bunker Fuel Market Revenue and Volume, by February, 2024-2034
9.1.1. IOC/NOC
9.1.1.1. Market Revenue and Volume Forecast (2021-2034)
9.1.2. Large Independent Distributor
9.1.2.1. Market Revenue and Volume Forecast (2021-2034)
9.1.3. Small Independent Distributor
9.1.3.1. Market Revenue and Volume Forecast (2021-2034)
10.1. Bunker Fuel Market Revenue and Volume, by End user, 2024-2034
10.1.1. Container Ship
10.1.1.1. Market Revenue and Volume Forecast (2021-2034)
10.1.2. Bulk Carrier
10.1.2.1. Market Revenue and Volume Forecast (2021-2034)
10.1.3. General Cargo
10.1.3.1. Market Revenue and Volume Forecast (2021-2034)
10.1.4. Oil Tanker
10.1.4.1. Market Revenue and Volume Forecast (2021-2034)
10.1.5. Product Tanker
10.1.5.1. Market Revenue and Volume Forecast (2021-2034)
10.1.6. Offshore Support Vessel
10.1.6.1. Market Revenue and Volume Forecast (2021-2034)
10.1.7. Others
10.1.7.1. Market Revenue and Volume Forecast (2021-2034)
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.1.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.1.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.1.4.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.1.4.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.1.5.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.1.5.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.2.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.2.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.2.4.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.2.4.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.2.5.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.2.5.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.2.6.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.2.6.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.2.7.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.2.7.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.3.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.3.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.3.4.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.3.4.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.3.5.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.3.5.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.3.6.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.3.6.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.3.7.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.3.7.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.4.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.4.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.4.4.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.4.4.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.4.5.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.4.5.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.4.6.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.4.6.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.4.7.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.4.7.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.5.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.5.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.5.4.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.5.4.3. Market Revenue and Volume Forecast, by End user (2021-2034)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Grade (2021-2034)
11.5.5.2. Market Revenue and Volume Forecast, by February (2021-2034)
11.5.5.3. Market Revenue and Volume Forecast, by End user (2021-2034)
12.1. TotalEnergies (France)
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Marathon Petroleum Corporation (U.S.)
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. BP p.l.c. (U.K.)
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Gazprom International Limited (Russia)
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. BP SINOPEC MARINE FUELS. (Singapore)
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. World Fuel Services Corporation. (U.S.)
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. BUNKER HOLDING (Denmark)
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Exxon Mobil Corporation. (U.S.)
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Chevron Phillips Chemical Company LLC. (U.S.)
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Shell plc (U.K.)
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
14.1. About Us
14.2. Glossary of Terms
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