Fuel oil (also known as heavy oil, marine fuel or furnace oil) is a fraction obtained from petroleum distillation, either as a distillate or a residue. In general terms, fuel oil is any liquid fuel that is burned in a furnace or boiler for the generation of heat or used in an engine for the generation of power, except oils having a flash point of approximately 42 °C (108 °F) and oils burned in cotton or wool-wick burners. Fuel oil is made of long hydrocarbon chains, particularly alkanes, cycloalkanes and aromatics.
Scope of the Report:
This report focuses on the Bunker Oil in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The continuously increasing naval expenditure is impacting the market positively. The governments across the globe are increasing their spending to raise the defense capacities of their countries to combat external threats pertaining to security issues. The global military expenditure is likely to increase considerably over the next few years. As a result, the spending will directly reflect the growth of the bunker oil market during the forecast period. Various countries including China, Russia, India, Saudi Arabia, the US, and other countries such as Indonesia and South Korea have increased their military spending substantially over the past few years. This will eventually lead to the growth of the bunker oil market during the forecast period.
APAC accounted for the largest share of the bunker oil market in 2017. According to Technavio’s market research analysts, this regional segment is likely to continue its dominance in the marine fuel market throughout the forecast period.
The worldwide market for Bunker Oil is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
BP
Chevron
Exxon Mobil
Gazprom
HPCL
Royal Dutch Shell
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Residual Fuel
Distillate Fuel
Market Segment by Applications, can be divided into
Container Vessels
Tanker Vessels
Bulk & General Cargo Vessels
There are 15 Chapters to deeply display the global Bunker Oil market.
Chapter 1, to describe Bunker Oil Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Bunker Oil, with sales, revenue, and price of Bunker Oil, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Bunker Oil, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Bunker Oil market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Bunker Oil sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Market Overview
1.1 Bunker Oil Introduction
1.2 Market Analysis by Type
1.2.1 Residual Fuel
1.2.2 Distillate Fuel
1.3 Market Analysis by Applications
1.3.1 Container Vessels
1.3.2 Tanker Vessels
1.3.3 Bulk & General Cargo Vessels
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2013-2023)
1.4.1.2 Canada Market States and Outlook (2013-2023)
1.4.1.3 Mexico Market States and Outlook (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2013-2023)
1.4.2.2 France Market States and Outlook (2013-2023)
1.4.2.3 UK Market States and Outlook (2013-2023)
1.4.2.4 Russia Market States and Outlook (2013-2023)
1.4.2.5 Italy Market States and Outlook (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2013-2023)
1.4.3.2 Japan Market States and Outlook (2013-2023)
1.4.3.3 Korea Market States and Outlook (2013-2023)
1.4.3.4 India Market States and Outlook (2013-2023)
1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2013-2023)
1.4.4.2 Egypt Market States and Outlook (2013-2023)
1.4.4.3 Saudi Arabia Market States and Outlook (2013-2023)
1.4.4.4 South Africa Market States and Outlook (2013-2023)
1.4.4.5 Nigeria Market States and Outlook (2013-2023)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 BP
2.1.1 Business Overview
2.1.2 Bunker Oil Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 BP Bunker Oil Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.2 Chevron
2.2.1 Business Overview
2.2.2 Bunker Oil Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Chevron Bunker Oil Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.3 Exxon Mobil
2.3.1 Business Overview
2.3.2 Bunker Oil Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Exxon Mobil Bunker Oil Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.4 Gazprom
2.4.1 Business Overview
2.4.2 Bunker Oil Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Gazprom Bunker Oil Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.5 HPCL
2.5.1 Business Overview
2.5.2 Bunker Oil Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 HPCL Bunker Oil Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.6 Royal Dutch Shell
2.6.1 Business Overview
2.6.2 Bunker Oil Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Royal Dutch Shell Bunker Oil Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
3 Global Bunker Oil Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
3.1 Global Bunker Oil Sales and Market Share by Manufacturer (2016-2017)
3.2 Global Bunker Oil Revenue and Market Share by Manufacturer (2016-2017)
3.3 Market Concentration Rate
3.3.1 Top 3 Bunker Oil Manufacturer Market Share in 2017
3.3.2 Top 6 Bunker Oil Manufacturer Market Share in 2017
3.4 Market Competition Trend
4 Global Bunker Oil Market Analysis by Regions
4.1 Global Bunker Oil Sales, Revenue and Market Share by Regions
4.1.1 Global Bunker Oil Sales and Market Share by Regions (2013-2018)
4.1.2 Global Bunker Oil Revenue and Market Share by Regions (2013-2018)
4.2 North America Bunker Oil Sales and Growth Rate (2013-2018)
4.3 Europe Bunker Oil Sales and Growth Rate (2013-2018)
4.4 Asia-Pacific Bunker Oil Sales and Growth Rate (2013-2018)
4.5 South America Bunker Oil Sales and Growth Rate (2013-2018)
4.6 Middle East and Africa Bunker Oil Sales and Growth Rate (2013-2018)
5 North America Bunker Oil by Countries
5.1 North America Bunker Oil Sales, Revenue and Market Share by Countries
5.1.1 North America Bunker Oil Sales and Market Share by Countries (2013-2018)
5.1.2 North America Bunker Oil Revenue and Market Share by Countries (2013-2018)
5.2 United States Bunker Oil Sales and Growth Rate (2013-2018)
5.3 Canada Bunker Oil Sales and Growth Rate (2013-2018)
5.4 Mexico Bunker Oil Sales and Growth Rate (2013-2018)
6 Europe Bunker Oil by Countries
6.1 Europe Bunker Oil Sales, Revenue and Market Share by Countries
6.1.1 Europe Bunker Oil Sales and Market Share by Countries (2013-2018)
6.1.2 Europe Bunker Oil Revenue and Market Share by Countries (2013-2018)
6.2 Germany Bunker Oil Sales and Growth Rate (2013-2018)
6.3 UK Bunker Oil Sales and Growth Rate (2013-2018)
6.4 France Bunker Oil Sales and Growth Rate (2013-2018)
6.5 Russia Bunker Oil Sales and Growth Rate (2013-2018)
6.6 Italy Bunker Oil Sales and Growth Rate (2013-2018)
7 Asia-Pacific Bunker Oil by Countries
7.1 Asia-Pacific Bunker Oil Sales, Revenue and Market Share by Countries
7.1.1 Asia-Pacific Bunker Oil Sales and Market Share by Countries (2013-2018)
7.1.2 Asia-Pacific Bunker Oil Revenue and Market Share by Countries (2013-2018)
7.2 China Bunker Oil Sales and Growth Rate (2013-2018)
7.3 Japan Bunker Oil Sales and Growth Rate (2013-2018)
7.4 Korea Bunker Oil Sales and Growth Rate (2013-2018)
7.5 India Bunker Oil Sales and Growth Rate (2013-2018)
7.6 Southeast Asia Bunker Oil Sales and Growth Rate (2013-2018)
8 South America Bunker Oil by Countries
8.1 South America Bunker Oil Sales, Revenue and Market Share by Countries
8.1.1 South America Bunker Oil Sales and Market Share by Countries (2013-2018)
8.1.2 South America Bunker Oil Revenue and Market Share by Countries (2013-2018)
8.2 Brazil Bunker Oil Sales and Growth Rate (2013-2018)
8.3 Argentina Bunker Oil Sales and Growth Rate (2013-2018)
8.4 Colombia Bunker Oil Sales and Growth Rate (2013-2018)
9 Middle East and Africa Bunker Oil by Countries
9.1 Middle East and Africa Bunker Oil Sales, Revenue and Market Share by Countries
9.1.1 Middle East and Africa Bunker Oil Sales and Market Share by Countries (2013-2018)
9.1.2 Middle East and Africa Bunker Oil Revenue and Market Share by Countries (2013-2018)
9.2 Saudi Arabia Bunker Oil Sales and Growth Rate (2013-2018)
9.3 UAE Bunker Oil Sales and Growth Rate (2013-2018)
9.4 Egypt Bunker Oil Sales and Growth Rate (2013-2018)
9.5 Nigeria Bunker Oil Sales and Growth Rate (2013-2018)
9.6 South Africa Bunker Oil Sales and Growth Rate (2013-2018)
10 Global Bunker Oil Market Segment by Type
10.1 Global Bunker Oil Sales, Revenue and Market Share by Type (2013-2018)
10.1.1 Global Bunker Oil Sales and Market Share by Type (2013-2018)
10.1.2 Global Bunker Oil Revenue and Market Share by Type (2013-2018)
10.2 Residual Fuel Sales Growth and Price
10.2.1 Global Residual Fuel Sales Growth (2013-2018)
10.2.2 Global Residual Fuel Price (2013-2018)
10.3 Distillate Fuel Sales Growth and Price
10.3.1 Global Distillate Fuel Sales Growth (2013-2018)
10.3.2 Global Distillate Fuel Price (2013-2018)
11 Global Bunker Oil Market Segment by Application
11.1 Global Bunker Oil Sales Market Share by Application (2013-2018)
11.2 Container Vessels Sales Growth (2013-2018)
11.3 Tanker Vessels Sales Growth (2013-2018)
11.4 Bulk & General Cargo Vessels Sales Growth (2013-2018)
12 Bunker Oil Market Forecast (2018-2023)
12.1 Global Bunker Oil Sales, Revenue and Growth Rate (2018-2023)
12.2 Bunker Oil Market Forecast by Regions (2018-2023)
12.2.1 North America Bunker Oil Market Forecast (2018-2023)
12.2.2 Europe Bunker Oil Market Forecast (2018-2023)
12.2.3 Asia-Pacific Bunker Oil Market Forecast (2018-2023)
12.2.4 South America Bunker Oil Market Forecast (2018-2023)
12.2.5 Middle East and Africa Bunker Oil Market Forecast (2018-2023)
12.3 Bunker Oil Market Forecast by Type (2018-2023)
12.3.1 Global Bunker Oil Sales Forecast by Type (2018-2023)
12.3.2 Global Bunker Oil Market Share Forecast by Type (2018-2023)
12.4 Bunker Oil Market Forecast by Application (2018-2023)
12.4.1 Global Bunker Oil Sales Forecast by Application (2018-2023)
12.4.2 Global Bunker Oil Market Share Forecast by Application (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
13.1 Sales Channel
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.1.3 Marketing Channel Future Trend
13.2 Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
15.1 Methodology
15.2 Data Source
List of Tables and Figures
Figure Bunker Oil Picture
Table Product Specifications of Bunker Oil
Figure Global Sales Market Share of Bunker Oil by Types in 2017
Table Bunker Oil Types for