Global Liquefied Natural Gas (LNG) Bunkering Market: Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025

February 2017 | | ID: G31318C9AC0EN
Progressive Markets (owned by Antviews Global)

Abstracts

Liquefied natural gas (LNG) is a colorless, odorless, and noncorrosive gas obtained by converting natural gas to the liquid form. Transportation of natural gas is cumbersome; hence, it is converted to LNG. LNG occupies 1/1600th of the volume of natural gas, when in natural form. Being a clean and emission-free fuel, the consumption of LNG as a bunker fuel has increased. LNG bunkering is a preferable choice for shipping companies that operate in the Emission Control Areas (ECAs). The global LNG bunkering market is expected to grow at a CAGR of 18.5% from 2017 to 2025.

Based on the vessel segment, the global LNG bunkering market is segmented into tankers, container ships, ferries & offshore support vessels, and bulk & general cargo vessels. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.

MARKET DYNAMICS:

Drivers:

• Increasing number of ports offering LNG bunkering facility is expected to benefit the global LNG bunkering market.
• Falling prices of natural gas is also giving a boost to the LNG bunkering market, especially in North America and Europe.

Restraints:

• High production cost of cryogenic vessels used for transporting LNG may hinder market growth during the forecast period.

MARKET PLAYERS:

The top players in the global LNG bunkering market include Royal Dutch Shell Plc, Bomin Linde LNG GmbH & Co. KG, Korea Gas Corporation, GDF SUEZ SA, Gazpromneft Marine Bunker LLC, Harvey Gulf International Marine LLC, Gasnor AS, Skangass AS, LNG Gorskaya LLC, and Hanjin Heavy Industries & Construction.

KEY TAKEAWAYS

MARKET LANDSCAPE

• By Vessel
• Tankers
• Container Ships
• Ferries & Offshore Support Vessels
• Bulk & General Cargo Vessels
• By Geography
• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific
• LAMEA
• Brazil
• Saudi Arabia
• South Africa
• Rest of LAMEA

Contents

1. EXECUTIVE SUMMARY

1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis

2. INTRODUCTION

2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology

3. MARKET LANDSCAPE

3.1. Growth Drivers
  3.1.1. Impact Analysis
3.2. Restrains and Challenges
  3.2.1. Impact Analysis
3.3. Porter’s Analysis
  3.3.1. Bargaining power of buyers
  3.3.2. Bargaining power of suppliers
  3.3.3. Threat of substitutes
  3.3.4. Industry rivalry
  3.3.5. Threat of new entrants
3.4. Global LNG Bunkering Market Shares Analysis, 2014-2025
  3.4.1. Global LNG bunkering market share by vessel, 2014-2025
  3.4.2. Global LNG bunkering market share by geography, 2014-2025

4. MARKET BY VESSEL

4.1. Tankers
  4.1.1. Historical Market Size by Region, 2014-2016
  4.1.2. Market Forecast by Region, 2017-2025
4.2. Container Ships
  4.2.1. Historical Market Size by Region, 2014-2016
  4.2.2. Market Forecast by Region, 2017-2025
4.3. Ferries & Offshore Support Vessels
  4.3.1. Historical Market Size by Region, 2014-2016
  4.3.2. Market Forecast by Region, 2017-2025
4.4. Bulk & General Cargo Vessels
  4.4.1. Historical Market Size by Region, 2014-2016
  4.4.2. Market Forecast by Region, 2017-2025

5. MARKET BY GEOGRAPHY

5.1. North America
  5.1.1. U.S.
    5.1.1.1. Historical Market Size, 2014-2016
    5.1.1.2. Market Forecast, 2017-2025
  5.1.2. Canada
    5.1.2.1. Historical Market Size, 2014-2016
    5.1.2.2. Market Forecast, 2017-2025
  5.1.3. Mexico
    5.1.3.1. Historical Market Size, 2014-2016
    5.1.3.2. Market Forecast, 2017-2025
5.2. Europe
  5.2.1. UK
    5.2.1.1. Historical Market Size, 2014-2016
    5.2.1.2. Market Forecast, 2017-2025
  5.2.2. Germany
    5.2.2.1. Historical Market Size, 2014-2016
    5.2.2.2. Market Forecast, 2017-2025
  5.2.3. France
    5.2.3.1. Historical Market Size, 2014-2016
    5.2.3.2. Market Forecast, 2017-2025
  5.2.4. Spain
    5.2.4.1. Historical Market Size, 2014-2016
    5.2.4.2. Market Forecast, 2017-2025
  5.2.5. Italy
    5.2.5.1. Historical Market Size, 2014-2016
    5.2.5.2. Market Forecast, 2017-2025
  5.2.6. Rest of Europe
    5.2.6.1. Historical Market Size, 2014-2016
    5.2.6.2. Market Forecast, 2017-2025
5.3. Asia-Pacific
  5.3.1. China
    5.3.1.1. Historical Market Size, 2014-2016
    5.3.1.2. Market Forecast, 2017-2025
  5.3.2. Japan
    5.3.2.1. Historical Market Size, 2014-2016
    5.3.2.2. Market Forecast, 2017-2025
  5.3.3. India
    5.3.3.1. Historical Market Size, 2014-2016
    5.3.3.2. Market Forecast, 2017-2025
  5.3.4. Australia
    5.3.4.1. Historical Market Size, 2014-2016
    5.3.4.2. Market Forecast, 2017-2025
  5.3.5. South Korea
    5.3.5.1. Historical Market Size, 2014-2016
    5.3.5.2. Market Forecast, 2017-2025
  5.3.6. Rest of Asia-Pacific
    5.3.6.1. Historical Market Size, 2014-2016
    5.3.6.2. Market Forecast, 2017-2025
5.4. LAMEA
  5.4.1. Brazil
    5.4.1.1. Historical Market Size, 2014-2016
    5.4.1.2. Market Forecast, 2017-2025
  5.4.2. South Arabia
    5.4.2.1. Historical Market Size, 2014-2016
    5.4.2.2. Market Forecast, 2017-2025
  5.4.3. South Africa
    5.4.3.1. Historical Market Size, 2014-2016
    5.4.3.2. Market Forecast, 2017-2025
  5.4.4. Rest of LAMEA
    5.4.4.1. Historical Market Size, 2014-2016
    5.4.4.2. Market Forecast, 2017-2025

6. COMPANY PROFILES

6.1. Bomin Linde LNG GmbH & Co. KG
  6.1.1. Overview
  6.1.2. Financials and business segments
  6.1.3. Recent developments
6.2. GDF SUEZ SA
  6.2.1. Overview
  6.2.2. Financials and business segments
  6.2.3. Recent developments
6.3. Gasnor AS
  6.3.1. Overview
  6.3.2. Financials and business segments
  6.3.3. Recent developments
6.4. Gazpromneft Marine Bunker LLC
  6.4.1. Overview
  6.4.2. Financials and business segments
  6.4.3. Recent developments
6.5. Hanjin Heavy Industries & Construction
  6.5.1. Overview
  6.5.2. Financials and business segments
  6.5.3. Recent developments
6.6. Harvey Gulf International Marine LLC
  6.6.1. Overview
  6.6.2. Financials and business segments
  6.6.3. Recent developments
6.7. Korea Gas Corporation
  6.7.1. Overview
  6.7.2. Financials and business segments
  6.7.3. Recent developments
6.8. LNG Gorskaya LLC
  6.8.1. Overview
  6.8.2. Financials and business segments
  6.8.3. Recent developments
6.9. Royal Dutch Shell Plc
  6.9.1. Overview
  6.9.2. Financials and business segments
  6.9.3. Recent developments
6.10. Skangass AS
  6.10.1. Overview
  6.10.2. Financials and business segments
  6.10.3. Recent developments

List Of Tables

LIST OF TABLES

Table 1. LNG Bunkering Market Share, by Vessel, 2014-2025, $million
Table 2. LNG Bunkering Market Share, by Region, 2014-2025, $million
Table 3. LNG Bunkering Market Value for Tankers, by Region, 2017-2025, $million
Table 4. LNG Bunkering Market Value for Container Ships, by Region, 2017-2025, $million
Table 5. LNG Bunkering Market Value for Ferries & Offshore Support Vessels, by Region, 2017-2025, $million
Table 6. LNG Bunkering Market Value for Bulk & General Cargo Vessels, by Region, 2017-2025, $million
Table 7. LNG Bunkering Market Value for North America, by Country, 2014-2025, $million
Table 8. LNG Bunkering Market Value for North America, by Vessel, 2014-2025, $million
Table 9. LNG Bunkering Market Value for Europe, by Country, 2014-2025, $million
Table 10. LNG Bunkering Market Value for Europe, by Vessel, 2014-2025, $million
Table 11. LNG Bunkering Market Value for Asia-Pacific, by Country, 2014-2025, $million
Table 12. LNG Bunkering Market Value for Asia-Pacific, by Vessel, 2014-2025, $million
Table 13. LNG Bunkering Market Value for LAMEA, by Country, 2014-2025, $million
Table 14. LNG Bunkering Market Value for LAMEA, by Vessel, 2014-2025, $million
Table 15. Bomin Linde LNG GmbH & Co. KG - Company Snapshot
Table 16. GDF SUEZ SA - Company Snapshot
Table 17. Gasnor AS - Company Snapshot
Table 18. Gazpromneft Marine Bunker LLC - Company Snapshot
Table 19. Hanjin Heavy Industries & Construction - Company Snapshot
Table 20. Harvey Gulf International Marine LLC - Company Snapshot
Table 21. Korea Gas Corporation - Company Snapshot
Table 22. LNG Gorskaya LLC - Company Snapshot
Table 23. Royal Dutch Shell Plc - Company Snapshot
Table 24. Skangass AS - Company Snapshot

List Of Figures

LIST OF FIGURES

Figure 1. LNG Bunkering: Tankers Market Value, 2014-2016, $million
Figure 2. LNG Bunkering: Container Ships Market Value, 2014-2016, $million
Figure 3. LNG Bunkering: Ferries & Offshore Support Vessels Market Value, 2014-2016, $million
Figure 4. LNG Bunkering: Bulk & General Cargo Vessels Market Value, 2014-2016, $million
Figure 5. LNG Bunkering: U.S. Market Value, 2014-2016, $million
Figure 6. LNG Bunkering: U.S. Market Value, 2017-2025, $million
Figure 7. LNG Bunkering: Canada Market Value, 2014-2016, $million
Figure 8. LNG Bunkering: Canada Market Value, 2017-2025, $million
Figure 9. LNG Bunkering: Mexico Market Value, 2014-2016, $million
Figure 10. LNG Bunkering: Mexico Market Value, 2017-2025, $million
Figure 11. LNG Bunkering: UK Market Value, 2014-2016, $million
Figure 12. LNG Bunkering: UK Market Value, 2017-2025, $million
Figure 13. LNG Bunkering: Germany Market Value, 2014-2016, $million
Figure 14. LNG Bunkering: Germany Market Value, 2017-2025, $million
Figure 15. LNG Bunkering: France Market Value, 2014-2016, $million
Figure 16. LNG Bunkering: France Market Value, 2017-2025, $million
Figure 17. LNG Bunkering: Spain Market Value, 2014-2016, $million
Figure 18. LNG Bunkering: Spain Market Value, 2017-2025, $million
Figure 19. LNG Bunkering: Italy Market Value, 2014-2016, $million
Figure 20. LNG Bunkering: Italy Market Value, 2017-2025, $million
Figure 21. LNG Bunkering: Rest of Europe Market Value, 2014-2016, $million
Figure 22. LNG Bunkering: Rest of Europe Market Value, 2017-2025, $million
Figure 23. LNG Bunkering: China Market Value, 2014-2016, $million
Figure 24. LNG Bunkering: China Market Value, 2017-2025, $million
Figure 25. LNG Bunkering: Japan Market Value, 2014-2016, $million
Figure 26. LNG Bunkering: Japan Market Value, 2017-2025, $million
Figure 27. LNG Bunkering: India Market Value, 2014-2016, $million
Figure 28. LNG Bunkering: India Market Value, 2017-2025, $million
Figure 29. LNG Bunkering: Australia Market Value, 2014-2016, $million
Figure 30. LNG Bunkering: Australia Market Value, 2017-2025, $million
Figure 31. LNG Bunkering: South Korea Market Value, 2014-2016, $million
Figure 32. LNG Bunkering: South Korea Market Value, 2017-2025, $million
Figure 33. LNG Bunkering: Rest of Asia-Pacific Market Value, 2014-2016, $million
Figure 34. LNG Bunkering: Rest of Asia-Pacific Market Value, 2017-2025, $million
Figure 35. LNG Bunkering: Brazil Market Value, 2014-2016, $million
Figure 36. LNG Bunkering: Brazil Market Value, 2017-2025, $million
Figure 37. LNG Bunkering: Saudi Arabia Market Value, 2014-2016, $million
Figure 38. LNG Bunkering: Saudi Arabia Market Value, 2017-2025, $million
Figure 39. LNG Bunkering: South Africa Market Value, 2014-2016, $million
Figure 40. LNG Bunkering: South Africa Market Value, 2017-2025, $million
Figure 41. LNG Bunkering: Rest of LAMEA Market Value, 2014-2016, $million
Figure 42. LNG Bunkering: Rest of LAMEA Market Value, 2017-2025, $million

COMPANIES MENTIONED

The top players in the global LNG bunkering market include Royal Dutch Shell Plc, Bomin Linde LNG GmbH & Co. KG, Korea Gas Corporation, GDF SUEZ SA, Gazpromneft Marine Bunker LLC, Harvey Gulf International Marine LLC, Gasnor AS, Skangass AS, LNG Gorskaya LLC, and Hanjin Heavy Industries & Construction.