Global LNG Bunkering Market Growth 2019-2024

  • ID:PD041204
  • February 2019
  • LPI (LP Information)
                          

DecisionDatabases.com offers Global LNG Bunkering Market Research Report with market statistics and future prospect for the year 2019-2024. This report explores historical data, market share, sales, consumption, revenue and market dynamic resulting in high quality and precise data. The future trend and outlook are analyzed and compiled with the help of industry experts. This report offers different segment analysis based on global, regional and country level along with key players with their revenue, sales, and strategic development. The data is gathered and analyzed  through primary and secondary research based on expert interviews, white papers, journals and various other sources.

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.

The International Maritime Organization has established regulations on the fuel sulphur content of ship fuels and set mandatory NOx emission limits for new-build engines. These regulations are implemented through the IMO’s International Convention for the Prevention of Pollution from Ships (MARPOL). In addition to these engine and fuel requirements, certain areas have also been designated as emission control areas where stricter emissions limits are enforced. Besides air quality measures the IMO is also introducing instruments to monitor and reduce GHG emissions from shipping. 

The US EPA has implemented MARPOL Annex VI in its national legislation NOx and sulphur emission control areas The US EPA has also introduced a “Ports Initiative” to look at protecting human health, addressing climate change and supporting economic growth. The state of California has also adopted several state-specific regulations. The Clean Fuel Regulation for Ocean Going Vessels regulates the fuel sulphur content of ship fuels used by vessels within 24 nautical miles of the California coast. The At-Berth Regulation requires vessels to plug into shore power or use alternative controls to meet emission reduction requirements. 

The European Union’s Fuel Sulphur Directive implements MARPOL Annex VI in EU legislation. Non-EU countries like Norway and Russia have likewise implemented Annex VI in national legislation. In addition, the EU is promoting the use of LNG as a ship fuel. To this end, an EU proposal on alternative fuel infrastructure aims to guarantee sufficient infrastructure in the form of LNG bunkering stations and terminals, while at the same time provide subsidies via the TEN-T fund to develop and further improve such infrastructure.

According to this study, over the next five years the LNG Bunkering market will register a 65.2% CAGR in terms of revenue, the global market size will reach US$ 24400 million by 2024, from US$ 1200 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in LNG Bunkering business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of LNG Bunkering market by product type, application, key manufacturers and key regions and countries.

This study considers the LNG Bunkering value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  •  Truck-to-Ship
  •  Ship-to-Ship
  •  Port-to-Ship
  •  Others
 
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
  •  Container Vessels
  •  Tanker Vessels
  •  Bulk & General Cargo Vessels
  •  Ferries & OSV
  •  Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
  •  Americas
  •  United States
  •  Canada
  •  Mexico
  •  Brazil
  •  APAC
  •  China
  •  Japan
  •  Korea
  •  Southeast Asia
  •  India
  •  Australia
  •  Europe
  •  Germany
  •  France
  •  UK
  •  Italy
  •  Russia
  •  Spain
  •  Middle East & Africa
  •  Egypt
  •  South Africa
  •  Israel
  •  Turkey
  •  GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
  •  Skangas
  •  Shell (Gasnor)
  •  Statoil
  •  Barents Naturgass
  •  Engie
  •  Bomin and Linde
  •  Eni Norge
  •  Harvey Gulf
  •  Polskie LNG
  •  Korea Gas Corp
  •  Gaz Metro

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
  •  To study and analyze the global LNG Bunkering consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  •  To understand the structure of LNG Bunkering market by identifying its various subsegments.
  •  Focuses on the key global LNG Bunkering manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  •  To analyze the LNG Bunkering with respect to individual growth trends, future prospects, and their contribution to the total market.
  •  To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  •  To project the consumption of LNG Bunkering submarkets, with respect to key regions (along with their respective key countries).
  •  To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  •  To strategically profile the key players and comprehensively analyze their growth strategies.

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
 
2 Executive Summary
2.1 World Market Overview
2.1.1 Global LNG Bunkering Consumption 2014-2024
2.1.2 LNG Bunkering Consumption CAGR by Region
2.2 LNG Bunkering Segment by Type
2.2.1 Truck-to-Ship
2.2.2 Ship-to-Ship
2.2.3 Port-to-Ship
2.2.4 Others
2.3 LNG Bunkering Consumption by Type
2.3.1 Global LNG Bunkering Consumption Market Share by Type (2014-2019)
2.3.2 Global LNG Bunkering Revenue and Market Share by Type (2014-2019)
2.3.3 Global LNG Bunkering Sale Price by Type (2014-2019)
2.4 LNG Bunkering Segment by Application
2.4.1 Container Vessels
2.4.2 Tanker Vessels
2.4.3 Bulk & General Cargo Vessels
2.4.4 Ferries & OSV
2.4.5 Others
2.5 LNG Bunkering Consumption by Application
2.5.1 Global LNG Bunkering Consumption Market Share by Application (2014-2019)
2.5.2 Global LNG Bunkering Value and Market Share by Application (2014-2019)
2.5.3 Global LNG Bunkering Sale Price by Application (2014-2019)
 
3 Global LNG Bunkering by Players
3.1 Global LNG Bunkering Sales Market Share by Players
3.1.1 Global LNG Bunkering Sales by Players (2017-2019)
3.1.2 Global LNG Bunkering Sales Market Share by Players (2017-2019)
3.2 Global LNG Bunkering Revenue Market Share by Players
3.2.1 Global LNG Bunkering Revenue by Players (2017-2019)
3.2.2 Global LNG Bunkering Revenue Market Share by Players (2017-2019)
3.3 Global LNG Bunkering Sale Price by Players
3.4 Global LNG Bunkering Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global LNG Bunkering Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players LNG Bunkering Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
 
4 LNG Bunkering by Regions
4.1 LNG Bunkering by Regions
4.1.1 Global LNG Bunkering Consumption by Regions
4.1.2 Global LNG Bunkering Value by Regions
4.2 Americas LNG Bunkering Consumption Growth
4.3 APAC LNG Bunkering Consumption Growth
4.4 Europe LNG Bunkering Consumption Growth
4.5 Middle East & Africa LNG Bunkering Consumption Growth
 
5 Americas
5.1 Americas LNG Bunkering Consumption by Countries
5.1.1 Americas LNG Bunkering Consumption by Countries (2014-2019)
5.1.2 Americas LNG Bunkering Value by Countries (2014-2019)
5.2 Americas LNG Bunkering Consumption by Type
5.3 Americas LNG Bunkering Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
 
6 APAC
6.1 APAC LNG Bunkering Consumption by Countries
6.1.1 APAC LNG Bunkering Consumption by Countries (2014-2019)
6.1.2 APAC LNG Bunkering Value by Countries (2014-2019)
6.2 APAC LNG Bunkering Consumption by Type
6.3 APAC LNG Bunkering Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
 
7 Europe
7.1 Europe LNG Bunkering by Countries
7.1.1 Europe LNG Bunkering Consumption by Countries (2014-2019)
7.1.2 Europe LNG Bunkering Value by Countries (2014-2019)
7.2 Europe LNG Bunkering Consumption by Type
7.3 Europe LNG Bunkering Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
 
8 Middle East & Africa
8.1 Middle East & Africa LNG Bunkering by Countries
8.1.1 Middle East & Africa LNG Bunkering Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa LNG Bunkering Value by Countries (2014-2019)
8.2 Middle East & Africa LNG Bunkering Consumption by Type
8.3 Middle East & Africa LNG Bunkering Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
 
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
 
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 LNG Bunkering Distributors
10.3 LNG Bunkering Customer
 
11 Global LNG Bunkering Market Forecast
11.1 Global LNG Bunkering Consumption Forecast (2019-2024)
11.2 Global LNG Bunkering Forecast by Regions
11.2.1 Global LNG Bunkering Forecast by Regions (2019-2024)
11.2.2 Global LNG Bunkering Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global LNG Bunkering Forecast by Type
11.8 Global LNG Bunkering Forecast by Application
 
12 Key Players Analysis
12.1 Skangas
12.1.1 Company Details
12.1.2 LNG Bunkering Product Offered
12.1.3 Skangas LNG Bunkering Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Skangas News
12.2 Shell (Gasnor)
12.2.1 Company Details
12.2.2 LNG Bunkering Product Offered
12.2.3 Shell (Gasnor) LNG Bunkering Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Shell (Gasnor) News
12.3 Statoil
12.3.1 Company Details
12.3.2 LNG Bunkering Product Offered
12.3.3 Statoil LNG Bunkering Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Statoil News
12.4 Barents Naturgass
12.4.1 Company Details
12.4.2 LNG Bunkering Product Offered
12.4.3 Barents Naturgass LNG Bunkering Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Barents Naturgass News
12.5 Engie
12.5.1 Company Details
12.5.2 LNG Bunkering Product Offered
12.5.3 Engie LNG Bunkering Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 Engie News
12.6 Bomin and Linde
12.6.1 Company Details
12.6.2 LNG Bunkering Product Offered
12.6.3 Bomin and Linde LNG Bunkering Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Bomin and Linde News
12.7 Eni Norge
12.7.1 Company Details
12.7.2 LNG Bunkering Product Offered
12.7.3 Eni Norge LNG Bunkering Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 Eni Norge News
12.8 Harvey Gulf
12.8.1 Company Details
12.8.2 LNG Bunkering Product Offered
12.8.3 Harvey Gulf LNG Bunkering Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 Harvey Gulf News
12.9 Polskie LNG
12.9.1 Company Details
12.9.2 LNG Bunkering Product Offered
12.9.3 Polskie LNG LNG Bunkering Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 Polskie LNG News
12.10 Korea Gas Corp
12.10.1 Company Details
12.10.2 LNG Bunkering Product Offered
12.10.3 Korea Gas Corp LNG Bunkering Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 Korea Gas Corp News
12.11 Gaz Metro
 
13 Research Findings and Conclusion

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