According to the latest report published by Credence Research, Inc. “Bunker Fuel Market: Growth, Future Prospects and Competitive Analysis, 2015-2020,” the global bunker fuel market was valued at US$ 244 Bn in 2014, and is expected to reach US$ 288.3 Bn by 2020, expanding at a CAGR of 2.8% from 2015 to 2020.
The Bunker Fuel Market Research Report Forecast 2015-2020 is an important source of insightful data for market strategists. It presents the Bunker Fuel industry overview with growth analysis and past & futuristic cost, income, demand and supply data (as relevant). The research analysts present a detailed representation of the value chain and its distributor analysis. This Bunker Fuel Market study gives complete data which improves the understanding. [Continue reading…]
The progress of the global bunker fuel market is majorly attributed to the growing demand for fuel from tanker vessels and containers. Large-scale bunkering ports situated at strategic locations account for a significant share in the overall market. Asia Pacific is observed to be the largest market for bunker fuel both in terms of market revenue and volume due to large commodity consumption in the region. The European market for bunker fuel is growing at a competitive growth rate due to existence of some of the busiest trade routes and choke points in the region. Furthermore, growing imports of goods and fuel oil in the region further contribute to the dominance of Asia Pacific in the global bunker fuel market.
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The qualitative study of drivers and limitations of Bunker Fuel Market
Global Bunker Fuel Market: Competitive Dashboard
Chemoil Energy Limited
Aegean Marine Petroleum Network, Inc.
World Fuel Services Corporation
Gulf Agency Company Ltd.
Gazpromneft Marine Bunker LLC
BP Marine Ltd.
Exxon Mobil Corporation
Royal Dutch Shell plc
Bunker Holding A/S
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Research methodology and delivery time
Credence Research has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications have been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
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