Bunker Fuel Market : Global Industry Analysis, Development and Demand Forecast to 2020
The bunker fuel market is growing due to the growing demands of fuel for tanker vessels and container ships. Large bunkering ports around the globe are Port of Fujairah and Singapore, accounting for a considerable share in the global bunker fuel market. Asia-Pacific is leading the bunker fuel market due to fact that major commodity consumption centers of the world are in the region. European bunker fuel market is growing with a considerable rate because the region has some of the busiest trading routes in the world and the region houses several choke points, evolving into major trading routes. Port of Rotterdam and the Port of Gibraltar, busy routes in the region, have urbanized into an attractive bunkering destination owing to be near to the choke points.
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Bunker fuel is utilized by shipping corporations for fueling their marine fleet. Distillate fuel and residual fuel are the types of fuel used in the bunker fuel market. Residual fuel dominates the bunker fuel market among the types of fuels used with around three fourth market share.
Bunker fuel market can be categorized on the basis of fuel grades as marine gas oil or marine diesel oil (MGO/MDO), intermediate fuel oil (IFO) 380, IFO 500, low sulfur (LS) 380, IFO 180, LS 180 and IFO 700. IFO 380 and IFO 180 are the most preferred fuel grades among the fuel grade categories, owing to the cheaper cost of IFO 380 and IFO 180 as compared to other fuel grades. IFO 380 is expected to grow at a significant rate in coming years because most of the ship engines are capable of combusting IFO 380 fuel grade. As emission control areas (ECAs) are expanding, the demand for MDO and MGO is expected to increase in the coming years.
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Report Coverage
Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis
Identifies the key drivers of growth and challenges of the key industry players. Also, assesses the future impact of the propellants and restraints on the market
Uncovers potential demands in the market
Porter analysis identifies competitive forces within the market
Provides information on the historical and current market size and the future potential of the market
Provides sizes of key regional markets using yardsticks of processes, segments, products, end user and technology, etc (as applicable)
Highlights the competitive scenario of the market, major competitors, market share, benchmarking, investments and merger acquisitions
Provides profiles of major competitors of the market including details of their operations, product and services, recent developments and key financial metrics. Profiles provide better understanding of competition as well as the demands of the market.
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Browse here for full Report : http://www.acutemarketreports.com/report/bunker-fuel-market-size
Bunker fuel is utilized by shipping corporations for fueling their marine fleet. Distillate fuel and residual fuel are the types of fuel used in the bunker fuel market. Residual fuel dominates the bunker fuel market among the types of fuels used with around three fourth market share.
Bunker fuel market can be categorized on the basis of fuel grades as marine gas oil or marine diesel oil (MGO/MDO), intermediate fuel oil (IFO) 380, IFO 500, low sulfur (LS) 380, IFO 180, LS 180 and IFO 700. IFO 380 and IFO 180 are the most preferred fuel grades among the fuel grade categories, owing to the cheaper cost of IFO 380 and IFO 180 as compared to other fuel grades. IFO 380 is expected to grow at a significant rate in coming years because most of the ship engines are capable of combusting IFO 380 fuel grade. As emission control areas (ECAs) are expanding, the demand for MDO and MGO is expected to increase in the coming years.
Browse All Reports of This Category : http://www.acutemarketreports.com/category/chemicals-market
Report Coverage
Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis
Identifies the key drivers of growth and challenges of the key industry players. Also, assesses the future impact of the propellants and restraints on the market
Uncovers potential demands in the market
Porter analysis identifies competitive forces within the market
Provides information on the historical and current market size and the future potential of the market
Provides sizes of key regional markets using yardsticks of processes, segments, products, end user and technology, etc (as applicable)
Highlights the competitive scenario of the market, major competitors, market share, benchmarking, investments and merger acquisitions
Provides profiles of major competitors of the market including details of their operations, product and services, recent developments and key financial metrics. Profiles provide better understanding of competition as well as the demands of the market.
View Here : http://goo.gl/WMzyoK
Sample Request : http://www.acutemarketreports.com/request-free-sample/39870
About Us :
Acute Market Reports is the most sufficient collection of market intelligence services online. It is your only source that can fulfill all your market research requirements. We provide online reports from over 100 best publishers and upgrade our collection regularly to offer you direct online access to the world’s most comprehensive and recent database with expert perceptions on worldwide industries, products,establishments and trends. Our database consists of 200,000+ market research report s with detailed & minute market research.
Contact:
Chris Paul
Office No 01, 1st Floor,
Aditi Mall, Baner, Pune,
MH, 411045 India
Phone (India): +91 7755981103
Toll Free (US/Canada): +1-855-455-8662
Email: sales@acutemarketreports.com
Website: www.acutemarketreports.com/
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