Bunker Oil Market Size to Grow by 79.59 MT, Residual Fuel Segment will be Largest Revenue-generating Product Segment - Technavio

NEW YORK, Oct. 18, 2022 /PRNewswire/ -- The bunker oil market size is expected to grow by 79.59 MT from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 5.1% during the forecast period, according to Technavio. The increasing naval expenditure is driving the bunker oil market growth. However, factors such as fluctuations in oil and gas prices may challenge market growth.

Find a comprehensive report summary that describes the market size and forecast along with the research methodology. The FREE sample report is available in PDF format

Bunker Oil Market 2022-2026: Segmentation

• Product 
• Residual Fuel
• Distillate Fuel
• Geography 
• APAC
• Europe
• North America
• Middle East And Africa
• South America

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Bunker Oil Market 2022-2026: Revenue-generating Product Segment

The residual fuel segment will be the largest contributor to market growth during the forecast period. The fuel oil obtained from the refinery after the distillation process is classified into various categories according to its use across different industries. This oil is primarily obtained as a residue or distillate.

Bunker Oil Market 2022-2026: Scope

The bunker oil market report covers the following areas:

• Bunker Oil Market size
• Bunker Oil Market trends
• Bunker Oil Market industry analysis

Bunker Oil Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the bunker oil market, including BP Plc, Chevron Corp., China National Petroleum Corp., Consort Bunkers Pte. Ltd., Equatorial Marine Fuel Management Services Pte. Ltd., Exxon Mobil Corp., Glencore Plc, Global Energy International Ltd., Hindustan Petroleum Corp. Ltd., Hong Lam Marine Pte. Ltd., Marquard and Bahls AG, Mercuria Energy Group Ltd., SENTEK Marine Pte. Ltd., Shell plc, Shenzhen Petroglory Group Co. Ltd., SK B and T Pte. Ltd., TotalEnergies SE, Toyota Tsusho Corp., Vitol Netherlands Cooperatief UA, and World Fuel Services Corp. The key offerings of some of these vendors are listed below:

• BP Plc - The company offers bunker oil through BP Marine.
• Chevron Corp. - The company offers bunker oil through its subsidiary, Chevron Marine Products LLC.
• China National Petroleum Corp. - The company offers bunker oils such as low sulfur marine fuels.
• Exxon Mobil Corp. - The company offers bunker oils such as EMF.5 engineered marine fuels.
• Glencore Plc - The company offers bunker oils such as marine fuel.

Subscribe to our "Basic Plan" billed annually at USD 5000 that enables you to download 5 reports and view 100 reports per month

Bunker Oil Market 2022-2026: Key Highlights

• CAGR of the market during the forecast period of 2022-2026
• Detailed information on factors that will help the bunker oil market grow during the next five years
• Approximation of the bunker oil market size and its contribution to the parent market
• Forecasts on upcoming trends and changes in consumer behavior
• The growth of the bunker oil market
• Analysis of the competitive landscape and detailed information on vendors
• Comprehensive details of factors that will impede the growth of bunker oil market vendors

Related Reports

Bunker Fuel Market by Type and Geography - Forecast and Analysis 2022-2026: The increasing global volume of seaborne trade is driving the market. The growth of the global GDP and increasing disposable income in developing economies have led to a high volume of seaborne trade in the last few years.

Oil and Gas Engineering Services Market by Type and Geography - Forecast and Analysis 2022-2026: The oil and gas engineering services market share is expected to increase by USD 4.38 billion from 2021 to 2026.

Browse Energy Market Reports

Table Of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 (million t)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 (million t)
• Exhibit 15: Chart on Global Market- Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market- Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product Type

• 5.1 Market segments
• Exhibit 24: Chart on Product Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Product Type - Market share 2021-2026 (%)

• 5.2 Comparison by Product Type
• Exhibit 26: Chart on Comparison by Product Type
• Exhibit 27: Data Table on Comparison by Product Type

• 5.3 Residual fuel - Market size and forecast 2021-2026
• Exhibit 28: Chart on Residual fuel - Market size and forecast 2021-2026 (million t)
• Exhibit 29: Data Table on Residual fuel - Market size and forecast 2021-2026 (million t)
• Exhibit 30: Chart on Residual fuel - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Residual fuel - Year-over-year growth 2021-2026 (%)

• 5.4 Distillate fuel - Market size and forecast 2021-2026
• Exhibit 32: Chart on Distillate fuel - Market size and forecast 2021-2026 (million t)
• Exhibit 33: Data Table on Distillate fuel - Market size and forecast 2021-2026 (million t)
• Exhibit 34: Chart on Distillate fuel - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Distillate fuel - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Product Type
• Exhibit 36: Market opportunity by Product Type (million t)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 (million t)
• Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 (million t)
• Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 (million t)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 (million t)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 North America - Market size and forecast 2021-2026
• Exhibit 50: Chart on North America - Market size and forecast 2021-2026 (million t)
• Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 (million t)
• Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 (million t)
• Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 (million t)
• Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 (million t)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 (million t)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 Singapore - Market size and forecast 2021-2026
• Exhibit 62: Chart on Singapore - Market size and forecast 2021-2026 (million t)
• Exhibit 63: Data Table on Singapore - Market size and forecast 2021-2026 (million t)
• Exhibit 64: Chart on Singapore - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Singapore - Year-over-year growth 2021-2026 (%)

• 7.9 US - Market size and forecast 2021-2026
• Exhibit 66: Chart on US - Market size and forecast 2021-2026 (million t)
• Exhibit 67: Data Table on US - Market size and forecast 2021-2026 (million t)
• Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.10 China - Market size and forecast 2021-2026
• Exhibit 70: Chart on China - Market size and forecast 2021-2026 (million t)
• Exhibit 71: Data Table on China - Market size and forecast 2021-2026 (million t)
• Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.11 United Arab Emirates - Market size and forecast 2021-2026
• Exhibit 74: Chart on United Arab Emirates - Market size and forecast 2021-2026 (million t)
• Exhibit 75: Data Table on United Arab Emirates - Market size and forecast 2021-2026 (million t)
• Exhibit 76: Chart on United Arab Emirates - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on United Arab Emirates - Year-over-year growth 2021-2026 (%)

• 7.12 The Netherlands - Market size and forecast 2021-2026
• Exhibit 78: Chart on The Netherlands - Market size and forecast 2021-2026 (million t)
• Exhibit 79: Data Table on The Netherlands - Market size and forecast 2021-2026 (million t)
• Exhibit 80: Chart on The Netherlands - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on The Netherlands - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 82: Market opportunity by geography (million t)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 88: Matrix on vendor position and classification

• 10.3 BP Plc
• Exhibit 89: BP Plc - Overview
• Exhibit 90: BP Plc - Business segments
• Exhibit 91: BP Plc - Key offerings
• Exhibit 92: BP Plc - Segment focus

• 10.4 Chevron Corp.
• Exhibit 93: Chevron Corp. - Overview
• Exhibit 94: Chevron Corp. - Business segments
• Exhibit 95: Chevron Corp. - Key news
• Exhibit 96: Chevron Corp. - Key offerings
• Exhibit 97: Chevron Corp. - Segment focus

• 10.5 China National Petroleum Corp.
• Exhibit 98: China National Petroleum Corp. - Overview
• Exhibit 99: China National Petroleum Corp. - Product / Service
• Exhibit 100: China National Petroleum Corp. - Key offerings

• 10.6 Exxon Mobil Corp.
• Exhibit 101: Exxon Mobil Corp. - Overview
• Exhibit 102: Exxon Mobil Corp. - Business segments
• Exhibit 103: Exxon Mobil Corp. - Key offerings
• Exhibit 104: Exxon Mobil Corp. - Segment focus

• 10.7 Glencore Plc
• Exhibit 105: Glencore Plc - Overview
• Exhibit 106: Glencore Plc - Business segments
• Exhibit 107: Glencore Plc - Key offerings
• Exhibit 108: Glencore Plc - Segment focus

• 10.8 Hindustan Petroleum Corp. Ltd.
• Exhibit 109: Hindustan Petroleum Corp. Ltd. - Overview
• Exhibit 110: Hindustan Petroleum Corp. Ltd. - Business segments
• Exhibit 111: Hindustan Petroleum Corp. Ltd. - Key offerings
• Exhibit 112: Hindustan Petroleum Corp. Ltd. - Segment focus

• 10.9 Marquard and Bahls AG
• Exhibit 113: Marquard and Bahls AG - Overview
• Exhibit 114: Marquard and Bahls AG - Product / Service
• Exhibit 115: Marquard and Bahls AG - Key offerings

• 10.10 Shell plc
• Exhibit 116: Shell plc - Overview
• Exhibit 117: Shell plc - Business segments
• Exhibit 118: Shell plc - Key news
• Exhibit 119: Shell plc - Key offerings
• Exhibit 120: Shell plc - Segment focus

• 10.11 TotalEnergies SE
• Exhibit 121: TotalEnergies SE - Overview
• Exhibit 122: TotalEnergies SE - Business segments
• Exhibit 123: TotalEnergies SE - Key news
• Exhibit 124: TotalEnergies SE - Key offerings
• Exhibit 125: TotalEnergies SE - Segment focus

• 10.12 Toyota Tsusho Corp.
• Exhibit 126: Toyota Tsusho Corp. - Overview
• Exhibit 127: Toyota Tsusho Corp. - Business segments
• Exhibit 128: Toyota Tsusho Corp. - Key news
• Exhibit 129: Toyota Tsusho Corp. - Key offerings
• Exhibit 130: Toyota Tsusho Corp. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 131: Inclusions checklist
• Exhibit 132: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 133: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 134: Research methodology
• Exhibit 135: Validation techniques employed for market sizing
• Exhibit 136: Information sources

• 11.5 List of abbreviations
• Exhibit 137: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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.

Contact

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

SOURCE Technavio