Allied Market Research

Global Bunker Fuel Market to Grow at CAGR of 9.6% for 2017-2023 Period

The bunker fuel market continues to maintain its trend throughout the forecast period due to the sea-borne trade.


Portland, OR -- (SBWIRE) -- 10/10/2017 -- Allied market research has published a report titled, 'Bunker Fuel Market by Type and Ends User- Global Opportunity Analysis and Industry Forecast, 2017-2023'. According to the report the Global Bunker Fuel registered a CAGR of 9.6% for the time period from 2016-2022. The report stated that the global bunker fuel market was valued at $97,203 in 2016 and is expected to touch $142,489 by the year 2023. The report provides a report description along with key benefits and market segments. It also provides research methodology in the form of primary research, secondary research and analyst tools and models. The report provides information regarding the definition and scope of the global bunker fuel market. It also provides analysis applying Porter's Five Forces. Along with this, the report informs about the drivers and restraints that govern the global bunker fuel market. It also sheds light on the opportunities related to the market.

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The report provides an executive summary in the form of market snapshots and CXO perspectives. It also provides a market overview on the global bunker fuel market. The overview informs prospective investors about the scope of the market. It also supplies them with top investment pockets and top winning strategies. The report provides a market segmentation on the basis of type, commercial distributor, end user and geography. Each segment provides key market trends, growth factors and opportunities about its subsections. The type segment of the report provides information about the residual fuel oil, MDO and MGO. The commercial distributor segment provides key market trends and growth factors regarding oil majors, large independents and small independents. The end user section provides pertinent information about the key market trends, growth factors and opportunities about the containers, bulk carriers, oil tankers, general cargos, chemical tankers and gas tankers utilized by the global bunker market. It also touches upon the key trends linking the global bunker market and fishing.

The report also provides a breakdown of the geography of the global bunker market. The regions covered by the report include, countries under North America such as U.S., Canada and Mexico, countries under Europe such as Germany, Italy and Spain, countries under the Asia-Pacific such as Japan, India and China, not to mention countries under LAMEA such as, UAE and Brazil. The report provides a concise understanding of the key market trends, growth factors and opportunities associated with each continent. It also provides a more intricate break down of the market size and forecast by type and the market size and forecast by size of each individual country.

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The study provides an in depth analysis of the key market players associated with the global bunker fuel market. The companies covered include, Aegean Marine Petroleum Network Inc., Bomin Bunker Oil Corp, BP PLC, Bunker Holding A/S, Chemoil Energy Ltd., Exxon Mobil, Gazprom Neft PJSC, Gac Bunker Fuels Ltd., KPI Bridge Oil A/S and Royal Dutch Shell PLC. The report contains a detailed company overview of each company along with a company snapshot. It also provides prospective market investors with the operating business segments of the company, its business performance and its key strategic moves and developments. This enables future investors to study their competition and build their own winning business strategy accordingly.