Europe Bunker Fuel Market 2022-2032 by Fuel Type (VLSFO, HSFO, MGO, LNG), Fuel Grade (Bunker A, Bunker B, Bunker C), Vessel Type (Bulk Carriers, Tankers, Containers, General Cargo, Others), Seller Type (Major Oil Companies, Leading Independent Sellers, Small Independent Sellers), and Country: Trend Forecast and Growth Opportunity

January 2023 | 108 pages | ID: E70AE9E5F1AFEN
GMD Research

Abstracts

Europe bunker fuel market was valued at $22,330 million in 2022 and will grow by 4.6% annually over 2022-2032, driven by the escalating demand for international seaborne trade, the rising oil and gas exploration activities in deep offshore areas, the government supports on strengthening geographical border security, and the rising R&D projects to develop clean and eco-friendly fuels.

Highlighted with 32 tables and 49 figures, this 108-page report “Europe Bunker Fuel Market 2022-2032 by Fuel Type (VLSFO, HSFO, MGO, LNG), Fuel Grade (Bunker A, Bunker B, Bunker C), Vessel Type (Bulk Carriers, Tankers, Containers, General Cargo, Others), Seller Type (Major Oil Companies, Leading Independent Sellers, Small Independent Sellers), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe bunker fuel market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe bunker fuel market in every aspect of the classification from perspectives of Fuel Type, Fuel Grade, Vessel Type, Seller Type, and Country.

Based on Fuel Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Very Low Sulfur Fuel Oil (VLSFO)
• High Sulfur Fuel Oil (HSFO)
• Marine Gas Oil (MGO)
• Liquefied Natural Gas (LNG)
• Other Fuel Types

Based on Fuel Grade, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Bunker A
• Bunker B
• Bunker C

By Vessel Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Bulk Carriers
• Tankers
• Containers
• General Cargo
• Other Vessel Types

By Seller Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Major Oil Companies
• Leading Independent Sellers
• Small Independent Sellers

Geographically, the following national/local markets are fully investigated:

• Germany
• UK
• Norway
• Spain
• Italy
• Netherlands
• Rest of Europe (further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, France, Denmark, and Finland)

For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Fuel Type, Vessel Type and Seller Type over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

Bomin Bunker Holding GmbH & Co. KG (Marquard & Bahls AG)
BP PLC
Bunker Holding A/S
Chevron Corporation
China COSCO Shipping Corporation Limited
Clipper Oil
Evergreen Marine Corp Taiwan Ltd.
Exxon Mobil Corporation
Fuel Suppliers
Gazprom Marine Bunker LLC
Gulf Agency Company Ltd.
Neste Corporation
Pacific International Lines Pte Ltd.
PJSC (Lukoil Oil Company)
Shell Plc
TotalEnergies SE
World Fuel Services Corporation
Yang Ming Marine Transport Corporation
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Contents

1 INTRODUCTION

1.1 Industry Definition and Research Scope
  1.1.1 Industry Definition
  1.1.2 Research Scope
1.2 Research Methodology
  1.2.1 Overview of Market Research Methodology
  1.2.2 Market Assumption
  1.2.3 Secondary Data
  1.2.4 Primary Data
  1.2.5 Data Filtration and Model Design
  1.2.6 Market Size/Share Estimation
  1.2.7 Research Limitations
1.3 Executive Summary

2 MARKET OVERVIEW AND DYNAMICS

2.1 Market Size and Forecast
  2.1.1 Impact of COVID-19 on World Economy
  2.1.2 Impact of COVID-19 on the Market
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Fiver Forces Analysis

3 SEGMENTATION OF EUROPE MARKET BY FUEL TYPE

3.1 Market Overview by Fuel Type
3.2 Very Low Sulfur Fuel Oil (VLSFO)
3.3 High Sulfur Fuel Oil (HSFO)
3.4 Marine Gas Oil (MGO)
3.5 Liquefied Natural Gas (LNG)
3.6 Other Fuel Types

4 SEGMENTATION OF EUROPE MARKET BY FUEL GRADE

4.1 Market Overview by Fuel Grade
4.2 Bunker A
4.3 Bunker B
4.4 Bunker C

5 SEGMENTATION OF EUROPE MARKET BY VESSEL TYPE

5.1 Market Overview by Vessel Type
5.2 Bulk Carriers
5.3 Tankers
5.4 Containers
5.5 General Cargo
5.6 Other Vessel Types

6 SEGMENTATION OF EUROPE MARKET BY SELLER TYPE

6.1 Market Overview by Seller Type
6.2 Major Oil Companies
6.3 Leading Independent Sellers
6.4 Small Independent Sellers

7 EUROPEAN MARKET 2022-2032 BY COUNTRY

7.1 Overview of European Market
7.2 Germany
7.3 U.K.
7.4 Norway
7.5 Spain
7.6 Italy
7.7 Netherlands
7.8 Rest of European Market

8 COMPETITIVE LANDSCAPE

8.1 Overview of Key Vendors
8.2 New Product Launch, Partnership, Investment, and M&A
8.3 Company Profiles
Bomin Bunker Holding GmbH & Co. KG (Marquard & Bahls AG)

BP PLC

Bunker Holding A/S
Chevron Corporation
China COSCO Shipping Corporation Limited
Clipper Oil
Evergreen Marine Corp Taiwan Ltd.
Exxon Mobil Corporation
Fuel Suppliers
Gazprom Marine Bunker LLC
Gulf Agency Company Ltd.
Neste Corporation
Pacific International Lines Pte Ltd.
PJSC (Lukoil Oil Company)
Shell Plc
TotalEnergies SE
World Fuel Services Corporation
Yang Ming Marine Transport Corporation

RELATED REPORTS

List Of Tables

LIST OF TABLES:

Table 1. Snapshot of Europe Bunker Fuel Market in Balanced Perspective, 2022-2032
Table 2. World Economic Outlook, 2021-2031
Table 3. World Economic Outlook, 2021-2023
Table 4. Fleet Ownership and Registration by Main Economies, 1 January 2022, Number of vessels and Thousands of dead-weight tons
Table 5. Main Product Trends and Market Opportunities in Europe Bunker Fuel Market
Table 6. Europe Bunker Fuel Market by Fuel Type, 2022-2032, $ mn
Table 7. Europe Bunker Fuel Market by Fuel Grade, 2022-2032, $ mn
Table 8. Europe Bunker Fuel Market by Vessel Type, 2022-2032, $ mn
Table 9. Europe Bunker Fuel Market by Seller Type, 2022-2032, $ mn
Table 10. Europe Bunker Fuel Market by Country, 2022-2032, $ mn
Table 11. Mexico Bunker Fuel Market by Fuel Type, 2022-2032, $ mn
Table 12. Mexico Bunker Fuel Market by Vessel Type, 2022-2032, $ mn
Table 13. Mexico Bunker Fuel Market by Seller Type, 2022-2032, $ mn
Table 14. U.K. Bunker Fuel Market by Fuel Type, 2022-2032, $ mn
Table 15. U.K. Bunker Fuel Market by Vessel Type, 2022-2032, $ mn
Table 16. U.K. Bunker Fuel Market by Seller Type, 2022-2032, $ mn
Table 17. Norway Bunker Fuel Market by Fuel Type, 2022-2032, $ mn
Table 18. Norway Bunker Fuel Market by Vessel Type, 2022-2032, $ mn
Table 19. Norway Bunker Fuel Market by Seller Type, 2022-2032, $ mn
Table 20. Spain Bunker Fuel Market by Fuel Type, 2022-2032, $ mn
Table 21. Spain Bunker Fuel Market by Vessel Type, 2022-2032, $ mn
Table 22. Spain Bunker Fuel Market by Seller Type, 2022-2032, $ mn
Table 23. Italy Bunker Fuel Market by Fuel Type, 2022-2032, $ mn
Table 24. Italy Bunker Fuel Market by Vessel Type, 2022-2032, $ mn
Table 25. Italy Bunker Fuel Market by Seller Type, 2022-2032, $ mn
Table 26. Netherlands Bunker Fuel Market by Fuel Type, 2022-2032, $ mn
Table 27. Netherlands Bunker Fuel Market by Vessel Type, 2022-2032, $ mn
Table 28. Netherlands Bunker Fuel Market by Seller Type, 2022-2032, $ mn
Table 29. Bunker Fuel Market in Rest of Europe by Country, 2022-2032, $ mn
Table 30. Bomin Bunker Holding GmbH & Co. KG (Marquard & Bahls AG): Company Snapshot
Table 31. Bomin Bunker Holding GmbH & Co. KG (Marquard & Bahls AG): Business Segmentation
Table 32. Bomin Bunker Holding GmbH & Co. KG (Marquard & Bahls AG): Product Portfolio

List Of Figures

LIST OF FIGURES:

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032
Figure 4. Europe Bunker Fuel Market, 2022-2032, $ mn
Figure 5. Impact of COVID-19 on Business
Figure 6. Primary Drivers and Impact Factors of Europe Bunker Fuel Market
Figure 7. World Shipbuilding Capacity by Country, 2013 – 2026F, million CGT
Figure 8. Fleet Market by Region of Beneficial Ownership, 2022, Millions of dead-weight tons
Figure 9. World Crude Oil Production, 2000-2021, million tons
Figure 10. Primary Restraints and Impact Factors of Europe Bunker Fuel Market
Figure 11. Investment Opportunity Analysis
Figure 12. Porter’s Fiver Forces Analysis of Europe Bunker Fuel Market
Figure 13. Breakdown of Europe Bunker Fuel Market by Fuel Type, 2022-2032, % of Revenue
Figure 14. Europe Addressable Market Cap in 2023-2032 by Fuel Type, Value ($ mn) and Share (%)
Figure 15. Europe Bunker Fuel Market by Fuel Type: Very Low Sulfur Fuel Oil (VLSFO), 2022-2032, $ mn
Figure 16. Europe Bunker Fuel Market by Fuel Type: High Sulfur Fuel Oil (HSFO), 2022-2032, $ mn
Figure 17. Total Number of Ships with Scrubbers Installed by the End of 2020 by Ship Type
Figure 18. Europe Bunker Fuel Market by Fuel Type: Marine Gas Oil (MGO), 2022-2032, $ mn
Figure 19. Europe Bunker Fuel Market by Fuel Type: Liquefied Natural Gas (LNG), 2022-2032, $ mn
Figure 20. World Cumulative LNG Carrier Fleet, 1991-2020
Figure 21. World Combined Capacity of LNG Carriers, 1991-2020, MTPA
Figure 22. Europe Bunker Fuel Market by Fuel Type: Other Fuel Types, 2022-2032, $ mn
Figure 23. Breakdown of Europe Bunker Fuel Market by Fuel Grade, 2022-2032, % of Sales Revenue
Figure 24. Europe Addressable Market Cap in 2023-2032 by Fuel Grade, Value ($ mn) and Share (%)
Figure 25. Europe Bunker Fuel Market by Fuel Grade: Bunker A, 2022-2032, $ mn
Figure 26. Europe Bunker Fuel Market by Fuel Grade: Bunker B, 2022-2032, $ mn
Figure 27. Europe Bunker Fuel Market by Fuel Grade: Bunker C, 2022-2032, $ mn
Figure 28. Breakdown of Europe Bunker Fuel Market by Vessel Type, 2022-2032, % of Sales Revenue
Figure 29. Europe Addressable Market Cap in 2023-2032 by Vessel Type, Value ($ mn) and Share (%)
Figure 30. Europe Bunker Fuel Market by Vessel Type: Bulk Carriers, 2022-2032, $ mn
Figure 31. Europe Bunker Fuel Market by Vessel Type: Tankers, 2022-2032, $ mn
Figure 32. Europe Bunker Fuel Market by Vessel Type: Containers, 2022-2032, $ mn
Figure 33. Europe Bunker Fuel Market by Vessel Type: General Cargo, 2022-2032, $ mn
Figure 34. Europe Bunker Fuel Market by Vessel Type: Other Vessel Types, 2022-2032, $ mn
Figure 35. Breakdown of Europe Bunker Fuel Market by Seller Type, 2022-2032, % of Revenue
Figure 36. Europe Addressable Market Cap in 2023-2032 by Seller Type, Value ($ mn) and Share (%)
Figure 37. Europe Bunker Fuel Market by Seller Type: Major Oil Companies, 2022-2032, $ mn
Figure 38. Europe Bunker Fuel Market by Seller Type: Leading Independent Sellers, 2022-2032, $ mn
Figure 39. Europe Bunker Fuel Market by Seller Type: Small Independent Sellers, 2022-2032, $ mn
Figure 40. Breakdown of European Bunker Fuel Market by Country, 2022 and 2032, % of Revenue
Figure 41. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 42. Bunker Fuel Market in Germany, 2022-2032, $ mn
Figure 43. Bunker Fuel Market in U.K., 2022-2032, $ mn
Figure 44. Bunker Fuel Market in Norway, 2022-2032, $ mn
Figure 45. Bunker Fuel Market in Spain, 2022-2032, $ mn
Figure 46. Bunker Fuel Market in Italy, 2022-2032, $ mn
Figure 47. Bunker Fuel Market in Netherlands, 2022-2032, $ mn
Figure 48. Bunker Fuel Market in Rest of Europe, 2022-2032, $ mn
Figure 49. Growth Stage of Europe Bunker Fuel Industry over the Forecast Period