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Global LNG Bunkering Market Size study, By Product Type (Truck-to-Ship, Port-to-Ship, Ship-to-Ship, and Portable Tanks) and By Application (Container Fleet, Tanker Fleet, Cargo Fleet, Ferries, Inland Vessels, and Others), and Regional Forecasts 2022-2028

September 2022 | 200 pages | ID: G5331FAA848BEN
Bizwit Research & Consulting LLP

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Global LNG Bunkering Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

The LNG Bunkering can be defined as the practice of providing liquefied natural gas fuel to a ship for its own use. The LNG as a fuel offers several advantages such as reduction in pollution as compared to other traditional fuels such as heavy fuel oil, marine diesel fuel (MDO) and marine gas oil (MGO). Different. The growing adoption of LNG carriers worldwide and rising concern over environmental pollution as well as strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to SEA-LNG (A multi-sector industry coalition) – during 2020, globally the number of LNG-fueled ships were estimated at 175 and order for over new 200 ships placed. Further, as per estimation around 10%-20% of the new orders booked would be LNG-fueled carriers. Furthermore, strategic initiatives from leading market players including new capacity expansion would influence the growth of the Market in forecast period. For instance, in December 2021, Total Energies signed an agreement with the Ministry of Energy and Minerals of the Sultanate of Oman for the sustainable development of the country’s natural gas resources. Under the partnership both the players Would setup an integrated company between Total Energies (80%) and Oman National Oil Company, OQ (20%) named Marsa LNG. Marsa LNG would work towards the production of LNG for bunker fuel. Moreover, in March 2022, Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries, Ltd. (MHI) Group entered in a contract with KEYS Bunkering West Japan Co., Ltd. for construction of a liquefied natural gas (LNG) bunkering vessel. This new vessel would be the first to operate in western Japan region. Also, growing LNG bunkering infrastructure development activities as well as rising cross border trade in post covid era are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a slow penetration rate and availability of substitutes impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global LNG Bunkering Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing number of LNG Fleet carriers and leading LNG bunkering vendors. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of maritime sector and increasing penetration of leading market players in the region, would create lucrative growth prospects for the global LNG Bunkering Market across the Asia Pacific region.

Major market players included in this report are:
Broadview Energy Solutions B.V.
Crowley Maritime Corporation
Exxon Mobil Corporation
Gasum Oy
Harvey Gulf International Marine
Klaw Lng
Korea Gas Corporation
Petroliam Nasional Berhad (Petronas)
Polskie Lng S.A.
Royal Dutch Shell Plc


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type
Truck-to-Ship
Port-to-Ship
Ship-to-Ship
Portable Tanks
By Application
Container Fleet
Tanker Fleet
Cargo Fleet
Ferries
Inland Vessels
Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global LNG Bunkering Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
  1.2.1. Global LNG Bunkering Market, by Region, 2020-2028 (USD Million)
  1.2.2. Global LNG Bunkering Market, by Product Type, 2020-2028 (USD Million)
  1.2.3. Global LNG Bunkering Market, by Application, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL LNG BUNKERING MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL LNG BUNKERING MARKET DYNAMICS

3.1. LNG Bunkering Market Impact Analysis (2020-2028)
  3.1.1. Market Drivers
    3.1.1.1. Growing adoption of LNG carriers worldwide.
    3.1.1.2. Rising concern over environmental pollution
    3.1.1.3. Strategic initiatives from leading market players.
  3.1.2. Market Challenges
    3.1.2.1. Slow penetration rate and availability of substitutes
  3.1.3. Market Opportunities
    3.1.3.1. Growing LNG bunkering infrastructure development activities
    3.1.3.2. Rising cross border trade in post covid era.

CHAPTER 4. GLOBAL LNG BUNKERING MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

  5.1.1. Assessment of the overall impact of COVID-19 on the industry
  5.1.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL LNG BUNKERING MARKET, BY PRODUCT TYPE

6.1. Market Snapshot
6.2. Global LNG Bunkering Market by Product Type, Performance - Potential Analysis
6.3. Global LNG Bunkering Market Estimates & Forecasts by Product Type 2018-2028 (USD Million)
6.4. LNG Bunkering Market, Sub Segment Analysis
  6.4.1. Truck-to-Ship
  6.4.2. Port-to-Ship
  6.4.3. Ship-to-Ship
  6.4.4. Portable Tanks

CHAPTER 7. GLOBAL LNG BUNKERING MARKET, BY APPLICATION

7.1. Market Snapshot
7.2. Global LNG Bunkering Market by Application, Performance - Potential Analysis
7.3. Global LNG Bunkering Market Estimates & Forecasts by Application 2018-2028 (USD Million)
7.4. LNG Bunkering Market, Sub Segment Analysis
  7.4.1. Container Fleet
  7.4.2. Tanker Fleet
  7.4.3. Cargo Fleet
  7.4.4. Ferries
  7.4.5. Inland Vessels

CHAPTER 8. GLOBAL LNG BUNKERING MARKET, REGIONAL ANALYSIS

8.1. LNG Bunkering Market, Regional Market Snapshot
8.2. North America LNG Bunkering Market
  8.2.1. U.S. LNG Bunkering Market
    8.2.1.1. Product Type estimates & forecasts, 2018-2028
    8.2.1.2. Application estimates & forecasts, 2018-2028
  8.2.2. Canada LNG Bunkering Market
8.3. Europe LNG Bunkering Market Snapshot
  8.3.1. U.K. LNG Bunkering Market
  8.3.2. Germany LNG Bunkering Market
  8.3.3. France LNG Bunkering Market
  8.3.4. Spain LNG Bunkering Market
  8.3.5. Italy LNG Bunkering Market
  8.3.6. Rest of Europe LNG Bunkering Market
8.4. Asia-Pacific LNG Bunkering Market Snapshot
  8.4.1. China LNG Bunkering Market
  8.4.2. India LNG Bunkering Market
  8.4.3. Japan LNG Bunkering Market
  8.4.4. Australia LNG Bunkering Market
  8.4.5. South Korea LNG Bunkering Market
  8.4.6. Rest of Asia Pacific LNG Bunkering Market
8.5. Latin America LNG Bunkering Market Snapshot
  8.5.1. Brazil LNG Bunkering Market
  8.5.2. Mexico LNG Bunkering Market
8.6. Rest of The World LNG Bunkering Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. Broadview Energy Solutions B.V.
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. Crowley Maritime Corporation
  9.2.3. Exxon Mobil Corporation
  9.2.4. Gasum Oy
  9.2.5. Harvey Gulf International Marine
  9.2.6. Klaw Lng
  9.2.7. Korea Gas Corporation
  9.2.8. Petroliam Nasional Berhad (Petronas)
  9.2.9. Polskie Lng S.A.
  9.2.10. Royal Dutch Shell Plc

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global LNG Bunkering Market, report scope
TABLE 2. Global LNG Bunkering Market estimates & forecasts by Region 2018-2028 (USD Million)
TABLE 3. Global LNG Bunkering Market estimates & forecasts by Product Type 2018-2028 (USD Million)
TABLE 4. Global LNG Bunkering Market estimates & forecasts by Application 2018-2028 (USD Million)
TABLE 5. Global LNG Bunkering Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 6. Global LNG Bunkering Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 7. Global LNG Bunkering Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global LNG Bunkering Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global LNG Bunkering Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global LNG Bunkering Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global LNG Bunkering Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global LNG Bunkering Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global LNG Bunkering Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global LNG Bunkering Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. U.S. LNG Bunkering Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. U.S. LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 17. U.S. LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 18. Canada LNG Bunkering Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 19. Canada LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 20. Canada LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 21. UK LNG Bunkering Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 22. UK LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 23. UK LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 24. Germany LNG Bunkering Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 25. Germany LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 26. Germany LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 27. RoE LNG Bunkering Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 28. RoE LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 29. RoE LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 30. China LNG Bunkering Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 31. China LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 32. China LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 33. India LNG Bunkering Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 34. India LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 35. India LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 36. Japan LNG Bunkering Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 37. Japan LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 38. Japan LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 39. RoAPAC LNG Bunkering Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 40. RoAPAC LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 41. RoAPAC LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 42. Brazil LNG Bunkering Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 43. Brazil LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 44. Brazil LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 45. Mexico LNG Bunkering Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 46. Mexico LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 47. Mexico LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 48. RoLA LNG Bunkering Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 49. RoLA LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 50. RoLA LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 51. Row LNG Bunkering Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 52. Row LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 53. Row LNG Bunkering Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 54. List of secondary sources, used in the study of global LNG Bunkering Market
TABLE 55. List of primary sources, used in the study of global LNG Bunkering Market
TABLE 56. Years considered for the study
TABLE 57. Exchange rates considered

LIST OF FIGURES

FIG 1. Global LNG Bunkering Market, research methodology
FIG 2. Global LNG Bunkering Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global LNG Bunkering Market, key trends 2021
FIG 5. Global LNG Bunkering Market, growth prospects 2022-2028
FIG 6. Global LNG Bunkering Market, porters 5 force model
FIG 7. Global LNG Bunkering Market, pest analysis
FIG 8. Global LNG Bunkering Market, value chain analysis
FIG 9. Global LNG Bunkering Market by segment, 2018 & 2028 (USD Million)
FIG 10. Global LNG Bunkering Market by segment, 2018 & 2028 (USD Million)
FIG 11. Global LNG Bunkering Market by segment, 2018 & 2028 (USD Million)
FIG 12. Global LNG Bunkering Market by segment, 2018 & 2028 (USD Million)
FIG 13. Global LNG Bunkering Market by segment, 2018 & 2028 (USD Million)
FIG 14. Global LNG Bunkering Market, regional snapshot 2018 & 2028
FIG 15. North America LNG Bunkering Market 2018 & 2028 (USD Million)
FIG 16. Europe LNG Bunkering Market 2018 & 2028 (USD Million)
FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
FIG 18. Latin America LNG Bunkering Market 2018 & 2028 (USD Million)
FIG 19. Global LNG Bunkering Market, company Market share analysis (2021)


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