Latest "LNG Bunkering Market" Forecast 2023-2029, With Top Analysis

Published April 3, 2023

Latest Report Contains (105) Pages. Industry Research Biz (IRB) asserts that the global LNG Bunkering Market is predicted to garner a stellar CAGR during the forecast period (2023–2028).

The latest research study released byIndustry Research Biz on“LNG Bunkering Market”with analysis on business strategy taken up byemerging industry players, geographical scope, market segments, product landscape and price, and cost structure.

"Final Report will add the analysis of the impact of COVID-19 on "LNG Bunkering" industry."

LNG Bunkering Market” Report Insights with 105 + pages of analysis on business strategy taken up byemerging industry players, geographical scope, market segments, product landscape and cost structure. It also assists in LNG Bunkering market segmentation according to the industry’s latest and upcoming trends to the bottom-most level, topographical markets, and key advancement from both market and technology-aligned perspectives. This LNG Bunkering research also entails a detailed analysis of the current applications and comparative analysis with a keen focus on the opportunities and threats and competitive analysis of major companies.

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Highlights of LNG BunkeRing market size and growth 2028:

Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4) that has been converted to liquid form for ease of storage or transport.
LNG is an attractive fuel choice for many vessels because it exceeds the air quality standards set forth. It takes up about 1/600th the volume of natural gas in the gaseous state. It is odorless, colorless, non-toxic and non-corrosive. Hazards include flammability after vaporization into a gaseous state, freezing and asphyxia.
The liquefaction process involves removal of certain components, such as dust, acid gases, helium, water, and heavy hydrocarbons, which could cause difficulty downstream. The natural gas is then condensed into a liquid at close to atmospheric pressure by cooling it to approximately −162 °C (−260 °F); maximum transport pressure is set at around 25 KPa (4 psi).

LNG Bunkering is a particular type of operation where LNG fuel is transferred from a given distribution source to a LNG fuelled ship. It involves the participation of different stakeholders, from the ship-side, LNG supplier, ports, safety personnel, administrations and policy makers. In this report, LNG bunkering only refers to LNG bunkering fuel.

Market Analysis and Insights: Global LNG Bunkering Market
Due to the COVID-19 pandemic, the global LNG Bunkering market size is estimated to be worth USD 1215.9 million in 2022 and is forecast to a readjusted size of USD 2274.2 million by 2028 with a CAGR of 11.0% during the review period. Fully considering the economic change by this health crisis, Truck-to-Ship accounting for of the LNG Bunkering global market in 2021, is projected to value USD million by 2028, growing at a revised CAGR in the post-COVID-19 period. While Container Vessels segment is altered to an CAGR throughout this forecast period.

The major players in global LNG Bunkering market include Skangas, Shell (Gasnor), Statoil, etc. The top 3 players occupy about 50% shares of the global market. Europe and Asia-Pacific are main markets, they occupy about 75% of the global market. Truck-to-Ship is the main type, with a share about 70%. Ferries and OSV is the main application, which holds a share about 40%.

In terms of production side, this report researches the LNG Bunkering capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of LNG Bunkering by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Global LNG Bunkering Scope and Segment
LNG Bunkering market is segmented by Type and by Application. Players, stakeholders, and other participants in the global LNG Bunkering market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

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Global LNG Bunkering Market: Segment Analysis

LNG Bunkering Market Size (sales, revenue) forecast by regions and countries from 2023 to 2028 of LNG Bunkering industry. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2023, region from 2017 to 2023, and global price from 2017 to 2028.

What are the Top Manufacturers of LNG Bunkering Market in 2023?

  • Gasum
  • Shell (Gasnor)
  • Equinor
  • Barents Naturgass
  • Engie
  • Bomin and Linde
  • Eni Norge
  • Harvey Gulf
  • Polskie LNG
  • Korea Gas Corp
  • Gaz Metro

The LNG Bunkering market segmented by Types:

  • Truck-to-Ship
  • Ship-to-Ship
  • Port-to-Ship
  • Others

The LNG Bunkering market segmented by Applications:

  • Container Vessels
  • Tanker Vessels
  • Bulk and General Cargo Vessels
  • Ferries and OSV
  • Others

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What are the Key Data Covered in this LNG Bunkering Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the LNG Bunkering market between 2023 and 2028
  • Precise estimation of the LNG Bunkering market size and its contribution to the parent market
  • Growth of the industry across APAC, Europe, North America, South America, and Middle East and Africa
  • Comprehensive analysis of factors that will challenge the growth of LNG Bunkering market vendors
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • A thorough analysis of the market's competitive landscape and detailed information about vendors

Regional Market Outlook

The LNG Bunkering market share growth in APAC will be significant during the forecast period. China is the key country for the LNG Bunkering market in APAC. Market growth in APAC will be faster than the growth of the market in other regions. The growing population, rising disposable income, and improving economic scenario will drive the growth of the market in the region during the forecast period

COVID 19 Analysis

The COVID-19 outbreak brought the world to a complete standstill, with unforeseen and uncertain effects on people’s lives, communities, livelihoods, and economies. The risks of a worldwide recession, as well as job losses, surged. In this situation, it became imperative to predict the level of uncertainty, for which companies are adopting strategies to maximize returns, despite the market fluctuations.

The financial implications of the lockdown measures have had a profound impact on the LNG Bunkering market. Supply chain disruptions have been prevalent, hampering the growth prospects of the LNG Bunkering industry.

The study objectives of this report are:

  • To analyse global LNG Bunkering status, future forecast, growth opportunity, key market and key players.
  • To present the LNG Bunkering development in United States, Europe and China.
  • To strategically profile the key players and comprehensively analyse their development plan and strategies.
  • To define, describe and forecast the market by product type, market and key regions.

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Key questions answered in the report:

  • What will the market growth rate of LNG Bunkering market?
  • What are the key factors driving the Global LNG Bunkering market?
  • Who are the key manufacturers in LNG Bunkering market space?
  • What are the market opportunities, market risk and market overview of the LNG Bunkering market?
  • What are sales, revenue, and price analysis of top manufacturers of LNG Bunkering market?
  • Who are the distributors, traders and dealers of LNG Bunkering market?
  • What are the LNG Bunkering market opportunities and threats faced by the vendors in the Global LNG Bunkering industries?
  • What are sales, revenue, and price analysis by types and applications of LNG Bunkering market?
  • What are sales, revenue, and price analysis by regions of LNG Bunkering industries?

Key Benefits

  • Major countries in each region are mapped according to individual market revenue.
  • Comprehensive analysis of factors that drive and restrict the market growth is provided.
  • The report includes an in-depth analysis of current research and clinical developments within the market.
  • Key players and their key developments in the recent years are listed.

And More..

Reasons to Buy this Report: -

  • This LNG Bunkering report will help the compendiums to understand the competition within the diligence and strategies for the competitive terrain to enhance the implicit profit.
  • This report will help stakeholders to understand the global assiduity status and trends of LNG Bunkering and provides them with information on crucial request motorists, conditions, challenges, and openings.
  • This report will help stakeholders to understand challengers better and gain further perceptivity to strengthen their position in their businesses.
  • The competitive geography section includes the request share and rank (in volume and value), contender ecosystem, new product development, expansion, and accession.
  • This report stays streamlined with new technology integration, features, and the rearmost developments in the request
  • This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the LNG Bunkering assiduity.
  • This report helps stakeholders to gain perceptivity into which regions to target encyclopedically
  • This report helps stakeholders to gain perceptivity into the end- stoner perception concerning the relinquishment of LNG Bunkering.
  • This report helps stakeholders to identify some of the crucial players in the request and understand their precious donation.

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TOC of LNG Bunkering Market Report:

1 LNG Bunkering Market Overview

1.1 Product Overview and Scope of LNG Bunkering

1.2 LNG Bunkering Segment by Type

1.2.1 Global LNG Bunkering Market Size Growth Rate Analysis by Type 2022 VS 2028

1.3 LNG Bunkering Segment by Application

1.3.1 Global LNG Bunkering Consumption Comparison by Application: 2017 VS 2022 VS 2028

1.4 Global Market Growth Prospects

1.4.1 Global LNG Bunkering Revenue Estimates and Forecasts (2017-2028)

1.4.2 Global LNG Bunkering Production Capacity Estimates and Forecasts (2017-2028)

1.4.3 Global LNG Bunkering Production Estimates and Forecasts (2017-2028)

1.5 Global LNG Bunkering Market by Region

1.5.1 Global LNG Bunkering Market Size Estimates and Forecasts by Region: 2017 VS 2022 VS 2028

1.5.2 North America Estimates and Forecasts (2017-2028)

1.5.3 Europe Estimates and Forecasts (2017-2028)

1.5.5 China Estimates and Forecasts (2017-2028)

1.5.5 Japan Estimates and Forecasts (2017-2028)

2 Market Competition by Manufacturers

2.1 Global LNG Bunkering Production Capacity Market Share by Manufacturers (2017-2022)

2.2 Global LNG Bunkering Revenue Market Share by Manufacturers (2017-2022)

2.3 LNG Bunkering Market Share by Company Type (Tier 1, Tier 2 and Tier 3)

2.4 Global LNG Bunkering Average Price by Manufacturers (2017-2022)

2.5 Manufacturers LNG Bunkering Production Sites, Area Served, Product Types

2.6 Market Competitive Situation and Trends

2.6.1 Market Concentration Rate

2.6.2 Global 5 and 10 Largest LNG Bunkering Players Market Share by Revenue

2.6.3 Mergers and Acquisitions, Expansion

3 Production and Capacity by Region

3.1 Global Production Capacity of Market Share by Region (2017-2022)

3.2 Global Revenue Market Share by Region (2017-2022)

3.3 Global Production, Revenue, Price and Gross Margin (2017-2022)

3.4 North America LNG Bunkering Production

3.4.1 North America LNG Bunkering Production Growth Rate (2017-2022)

3.4.2 North America LNG Bunkering Production Capacity, Revenue, Price and Gross Margin (2017-2022)

3.5 Europe LNG Bunkering Production

3.5.1 Europe Production Growth Rate (2017-2022)

3.5.2 Europe Production Capacity, Revenue, Price and Gross Margin (2017-2022)

3.6 China Production

3.6.1 China Production Growth Rate (2017-2022)

3.6.2 China Production Capacity, Revenue, Price and Gross Margin (2017-2022)

3.7 Japan Production

3.7.1 Japan Production Growth Rate (2017-2022)

3.7.2 Japan Production, Revenue, Price and Gross Margin (2017-2022)

4 Global LNG Bunkering Consumption by Region

4.1 Global LNG Bunkering Consumption by Region

4.1.1 Global Consumption by Region

4.1.2 Global Consumption Market Share by Region

4.2 North America

4.2.1 North America Consumption by Country

4.2.2 U.S.

4.2.3 Canada

4.3 Europe

4.3.1 Europe Consumption by Country

4.3.2 Germany

4.3.3 France

4.3.4 U.K.

4.3.5 Italy

4.3.6 Russia

4.4 Asia Pacific

4.4.1 Asia Pacific Consumption by Region

4.4.2 China

4.4.3 Japan

4.4.4 South Korea

4.4.5 Taiwan

4.4.6 Southeast Asia

4.4.7 India

4.4.8 Australia

4.5 Latin America

4.5.1 Latin America Consumption by Country

4.5.2 Mexico

4.5.3 Brazil


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