Global and United States Bunker Fuel Market Report & Forecast 2022-2028

• Description
• Table of Contents
• Table of Figures
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• Description
• Table of Contents
• Table of Figures
• PDF Download

Bunker fuel is technically any type of fuel oil used aboard vessels. This kind of material can be broken down into different categories based on its chemical composition, intended purpose, and boiling temperature. In comparison with other petroleum products, bunker fuel is extremely crude and highly polluting.

Market Analysis and Insights: Global and United States Bunker Fuel Market

This report focuses on global and United States Bunker Fuel market, also covers the segmentation data of other regions in regional level and county level.

Due to the COVID-19 pandemic, the global Bunker Fuel market size is estimated to be worth US$ 161120 million in 2022 and is forecast to a readjusted size of US$ 240450 million by 2028 with a CAGR of 6.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, by Type, Distillate Fuel Oil accounting for % of the Bunker Fuel global market in 2021, is projected to value US$  million by 2028, growing at a revised % CAGR from 2022 to 2028. While by Application, Tanker Vessels was the leading segment, accounting for over  percent market share in 2021, and altered to an  % CAGR throughout this forecast period.

Asia-Pacific is the largest market with about 38% market share. Europe is follower, accounting for about 32% market share.

The key players are World Fuel Services, Bunker Holding, Chemoil, Aegean Marine Petroleum, China Marine Bunker, Bright Oil, BP, Exxon Mobil, Shell, Sinopec, Lukoil-Bunker, Total Marine Fuel, Gazpromneft, China Changjiang Bunker, Southern Pec, GAC, Shanghai Lonyer Fuels etc. World Fuel Services is the largest manufacturer with about 9% market share.

Global Bunker Fuel Scope and Market Size
Bunker Fuel market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Bunker Fuel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.

For United States market, this report focuses on the Bunker Fuel market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.

Segment by Type
    Distillate Fuel Oil
    Residual Fuel Oil
    LNG

Segment by Application
    Tanker Vessels
    Container Vessels
    Bulk Vessels
    General Cargo Vessels
    Other

By Region
    North America
        U.S.
        Canada
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
    Asia-Pacific
        China
        Japan
        South Korea
        India
        Australia
        China Taiwan
        Indonesia
        Thailand
        Malaysia
    Latin America
        Mexico
        Brazil
        Argentina
    Middle East & Africa
        Turkey
        Saudi Arabia
        UAE

By Company
    World Fuel Services
    Bunker Holding
    Chemoil
    Aegean Marine Petroleum
    China Marine Bunker
    Bright Oil
    BP
    Exxon Mobil
    Shell
    Sinopec
    Lukoil-Bunker
    Total Marine Fuel
    Gazpromneft
    China Changjiang Bunker
    Southern Pec
    GAC
    Shanghai Lonyer Fuels
    China Shipping & Sinopec Suppliers Co., Ltd.

 1 Study Coverage
    1.1 Bunker Fuel Product Introduction
    1.2 Global Bunker Fuel Outlook 2017 VS 2022 VS 2028
        1.2.1 Global Bunker Fuel Sales in US$ Million for the Year 2017-2028
        1.2.2 Global Bunker Fuel Sales in Volume for the Year 2017-2028
    1.3 United States Bunker Fuel Outlook 2017 VS 2022 VS 2028
        1.3.1 United States Bunker Fuel Sales in US$ Million for the Year 2017-2028
        1.3.2 United States Bunker Fuel Sales in Volume for the Year 2017-2028
    1.4 Bunker Fuel Market Size, United States VS Global, 2017 VS 2022 VS 2028
        1.4.1 The Market Share of United States Bunker Fuel in Global, 2017 VS 2022 VS 2028
        1.4.2 The Growth Rate of Bunker Fuel Market Size, United States VS Global, 2017 VS 2022 VS 2028
    1.5 Bunker Fuel Market Dynamics
        1.5.1 Bunker Fuel Industry Trends
        1.5.2 Bunker Fuel Market Drivers
        1.5.3 Bunker Fuel Market Challenges
        1.5.4 Bunker Fuel Market Restraints
    1.6 Study Objectives
    1.7 Years Considered

 2 Market by Type
    2.1 Bunker Fuel Market Segment by Type
        2.1.1 Distillate Fuel Oil
        2.1.2 Residual Fuel Oil
        2.1.3 LNG
    2.2 Global Bunker Fuel Market Size by Type
        2.2.1 Global Bunker Fuel Sales in Value, by Type (2017, 2022 & 2028)
        2.2.2 Global Bunker Fuel Sales in Volume, by Type (2017, 2022 & 2028)
        2.2.3 Global Bunker Fuel Average Selling Price (ASP) by Type (2017, 2022 & 2028)
    2.3 United States Bunker Fuel Market Size by Type
        2.3.1 United States Bunker Fuel Sales in Value, by Type (2017, 2022 & 2028)
        2.3.2 United States Bunker Fuel Sales in Volume, by Type (2017, 2022 & 2028)
        2.3.3 United States Bunker Fuel Average Selling Price (ASP) by Type (2017, 2022 & 2028)

 3 Market by Application
    3.1 Bunker Fuel Market Segment by Application
        3.1.1 Tanker Vessels
        3.1.2 Container Vessels
        3.1.3 Bulk Vessels
        3.1.4 General Cargo Vessels
        3.1.5 Other
    3.2 Global Bunker Fuel Market Size by Application
        3.2.1 Global Bunker Fuel Sales in Value, by Application (2017, 2022 & 2028)
        3.2.2 Global Bunker Fuel Sales in Volume, by Application (2017, 2022 & 2028)
        3.3.3 Global Bunker Fuel Average Selling Price (ASP) by Application (2017, 2022 & 2028)
    3.3 United States Bunker Fuel Market Size by Application
        3.3.1 United States Bunker Fuel Sales in Value, by Application (2017, 2022 & 2028)
        3.3.2 United States Bunker Fuel Sales in Volume, by Application (2017, 2022 & 2028)
        3.3.3 United States Bunker Fuel Average Selling Price (ASP) by Application (2017, 2022 & 2028)

 4 Global Bunker Fuel Competitor Landscape by Company
    4.1 Global Bunker Fuel Market Size by Company
        4.1.1 Top Global Bunker Fuel Manufacturers Ranked by Revenue (2021)
        4.1.2 Global Bunker Fuel Revenue by Manufacturer (2017-2022)
        4.1.3 Global Bunker Fuel Sales by Manufacturer (2017-2022)
        4.1.4 Global Bunker Fuel Price by Manufacturer (2017-2022)
    4.2 Global Bunker Fuel Concentration Ratio (CR)
        4.2.1 Bunker Fuel Market Concentration Ratio (CR) (2017-2022)
        4.2.2 Global Top 5 and Top 10 Largest Manufacturers of Bunker Fuel in 2021
        4.2.3 Global Bunker Fuel Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    4.3 Global Bunker Fuel Manufacturing Base Distribution, Product Type
        4.3.1 Global Bunker Fuel Manufacturers, Headquarters and Distribution of Producing Region
        4.3.2 Manufacturers Bunker Fuel Product Type
        4.3.3 Date of International Manufacturers Enter into Bunker Fuel Market
    4.4 Manufacturers Mergers & Acquisitions, Expansion Plans
    4.5 United States Bunker Fuel Market Size by Company
        4.5.1 Top Bunker Fuel Players in United States, Ranked by Revenue (2021)
        4.5.2 United States Bunker Fuel Revenue by Players (2020, 2021 & 2022)
        4.5.3 United States Bunker Fuel Sales by Players (2020, 2021 & 2022)

 5 Global Bunker Fuel Market Size by Region
    5.1 Global Bunker Fuel Market Size by Region: 2017 VS 2022 VS 2028
    5.2 Global Bunker Fuel Market Size in Volume by Region (2017-2028)
        5.2.1 Global Bunker Fuel Sales in Volume by Region: 2017-2022
        5.2.2 Global Bunker Fuel Sales in Volume Forecast by Region (2023-2028)
    5.3 Global Bunker Fuel Market Size in Value by Region (2017-2028)
        5.3.1 Global Bunker Fuel Sales in Value by Region: 2017-2022
        5.3.2 Global Bunker Fuel Sales in Value by Region: 2023-2028

 6 Segment in Region Level & Country Level
    6.1 North America
        6.1.1 North America Bunker Fuel Market Size YoY Growth 2017-2028
        6.1.2 North America Bunker Fuel Market Facts & Figures by Country (2017, 2022 & 2028)
        6.1.3 U.S.
        6.1.4 Canada
    6.2 Asia-Pacific
        6.2.1 Asia-Pacific Bunker Fuel Market Size YoY Growth 2017-2028
        6.2.2 Asia-Pacific Bunker Fuel Market Facts & Figures by Region (2017, 2022 & 2028)
        6.2.3 China
        6.2.4 Japan
        6.2.5 South Korea
        6.2.6 India
        6.2.7 Australia
        6.2.8 China Taiwan
        6.2.9 Indonesia
        6.2.10 Thailand
        6.2.11 Malaysia
    6.3 Europe
        6.3.1 Europe Bunker Fuel Market Size YoY Growth 2017-2028
        6.3.2 Europe Bunker Fuel Market Facts & Figures by Country (2017, 2022 & 2028)
        6.3.3 Germany
        6.3.4 France
        6.3.5 U.K.
        6.3.6 Italy
        6.3.7 Russia
    6.4 Latin America
        6.4.1 Latin America Bunker Fuel Market Size YoY Growth 2017-2028
        6.4.2 Latin America Bunker Fuel Market Facts & Figures by Country (2017, 2022 & 2028)
        6.4.3 Mexico
        6.4.4 Brazil
        6.4.5 Argentina
    6.5 Middle East and Africa
        6.5.1 Middle East and Africa Bunker Fuel Market Size YoY Growth 2017-2028
        6.5.2 Middle East and Africa Bunker Fuel Market Facts & Figures by Country (2017, 2022 & 2028)
        6.5.3 Turkey
        6.5.4 Saudi Arabia
        6.5.5 UAE

 7 Company Profiles
    7.1 World Fuel Services
        7.1.1 World Fuel Services Corporation Information
        7.1.2 World Fuel Services Description and Business Overview
        7.1.3 World Fuel Services Bunker Fuel Sales, Revenue and Gross Margin (2017-2022)
        7.1.4 World Fuel Services Bunker Fuel Products Offered
        7.1.5 World Fuel Services Recent Development
    7.2 Bunker Holding
        7.2.1 Bunker Holding Corporation Information
        7.2.2 Bunker Holding Description and Business Overview
        7.2.3 Bunker Holding Bunker Fuel Sales, Revenue and Gross Margin (2017-2022)
        7.2.4 Bunker Holding Bunker Fuel Products Offered
        7.2.5 Bunker Holding Recent Development
    7.3 Chemoil
        7.3.1 Chemoil Corporation Information
        7.3.2 Chemoil Description and Business Overview
        7.3.3 Chemoil Bunker Fuel Sales, Revenue and Gross Margin (2017-2022)
        7.3.4 Chemoil Bunker Fuel Products Offered
        7.3.5 Chemoil Recent Development
    7.4 Aegean Marine Petroleum
        7.4.1 Aegean Marine Petroleum Corporation Information
        7.4.2 Aegean Marine Petroleum Description and Business Overview
        7.4.3 Aegean Marine Petroleum Bunker Fuel Sales, Revenue and Gross Margin (2017-2022)
        7.4.4 Aegean Marine Petroleum Bunker Fuel Products Offered
        7.4.5 Aegean Marine Petroleum Recent Development
    7.5 China Marine Bunker
        7.5.1 China Marine Bunker Corporation Information
        7.5.2 China Marine Bunker Description and Business Overview
        7.5.3 China Marine Bunker Bunker Fuel Sales, Revenue and Gross Margin (2017-2022)
        7.5.4 China Marine Bunker Bunker Fuel Products Offered
        7.5.5 China Marine Bunker Recent Development
    7.6 Bright Oil
        7.6.1 Bright Oil Corporation Information
        7.6.2 Bright Oil Description and Business Overview
        7.6.3 Bright Oil Bunker Fuel Sales, Revenue and Gross Margin (2017-2022)
        7.6.4 Bright Oil Bunker Fuel Products Offered
        7.6.5 Bright Oil Recent Development
    7.7 BP
        7.7.1 BP Corporation Information
        7.7.2 BP Description and Business Overview
        7.7.3 BP Bunker Fuel Sales, Revenue and Gross Margin (2017-2022)
        7.7.4 BP Bunker Fuel Products Offered
        7.7.5 BP Recent Development
    7.8 Exxon Mobil
        7.8.1 Exxon Mobil Corporation Information
        7.8.2 Exxon Mobil Description and Business Overview
        7.8.3 Exxon Mobil Bunker Fuel Sales, Revenue and Gross Margin (2017-2022)
        7.8.4 Exxon Mobil Bunker Fuel Products Offered
        7.8.5 Exxon Mobil Recent Development
    7.9 Shell
        7.9.1 Shell Corporation Information
        7.9.2 Shell Description and Business Overview
        7.9.3 Shell Bunker Fuel Sales, Revenue and Gross Margin (2017-2022)
        7.9.4 Shell Bunker Fuel Products Offered
        7.9.5 Shell Recent Development
    7.10 Sinopec
        7.10.1 Sinopec Corporation Information
        7.10.2 Sinopec Description and Business Overview
        7.10.3 Sinopec Bunker Fuel Sales, Revenue and Gross Margin (2017-2022)
        7.10.4 Sinopec Bunker Fuel Products Offered
        7.10.5 Sinopec Recent Development
    7.11 Lukoil-Bunker
        7.11.1 Lukoil-Bunker Corporation Information
        7.11.2 Lukoil-Bunker Description and Business Overview
        7.11.3 Lukoil-Bunker Bunker Fuel Sales, Revenue and Gross Margin (2017-2022)
        7.11.4 Lukoil-Bunker Bunker Fuel Products Offered
        7.11.5 Lukoil-Bunker Recent Development
    7.12 Total Marine Fuel
        7.12.1 Total Marine Fuel Corporation Information
        7.12.2 Total Marine Fuel Description and Business Overview
        7.12.3 Total Marine Fuel Bunker Fuel Sales, Revenue and Gross Margin (2017-2022)
        7.12.4 Total Marine Fuel Products Offered
        7.12.5 Total Marine Fuel Recent Development
    7.13 Gazpromneft
        7.13.1 Gazpromneft Corporation Information
        7.13.2 Gazpromneft Description and Business Overview
        7.13.3 Gazpromneft Bunker Fuel Sales, Revenue and Gross Margin (2017-2022)
        7.13.4 Gazpromneft Products Offered
        7.13.5 Gazpromneft Recent Development
    7.14 China Changjiang Bunker
        7.14.1 China Changjiang Bunker Corporation Information
        7.14.2 China Changjiang Bunker Description and Business Overview
        7.14.3 China Changjiang Bunker Bunker Fuel Sales, Revenue and Gross Margin (2017-2022)
        7.14.4 China Changjiang Bunker Products Offered
        7.14.5 China Changjiang Bunker Recent Development
    7.15 Southern Pec
        7.15.1 Southern Pec Corporation Information
        7.15.2 Southern Pec Description and Business Overview
        7.15.3 Southern Pec Bunker Fuel Sales, Revenue and Gross Margin (2017-2022)
        7.15.4 Southern Pec Products Offered
        7.15.5 Southern Pec Recent Development
    7.16 GAC
        7.16.1 GAC Corporation Information
        7.16.2 GAC Description and Business Overview
        7.16.3 GAC Bunker Fuel Sales, Revenue and Gross Margin (2017-2022)
        7.16.4 GAC Products Offered
        7.16.5 GAC Recent Development
    7.17 Shanghai Lonyer Fuels
        7.17.1 Shanghai Lonyer Fuels Corporation Information
        7.17.2 Shanghai Lonyer Fuels Description and Business Overview
        7.17.3 Shanghai Lonyer Fuels Bunker Fuel Sales, Revenue and Gross Margin (2017-2022)
        7.17.4 Shanghai Lonyer Fuels Products Offered
        7.17.5 Shanghai Lonyer Fuels Recent Development
    7.18 China Shipping & Sinopec Suppliers Co., Ltd.
        7.18.1 China Shipping & Sinopec Suppliers Co., Ltd. Corporation Information
        7.18.2 China Shipping & Sinopec Suppliers Co., Ltd. Description and Business Overview
        7.18.3 China Shipping & Sinopec Suppliers Co., Ltd. Bunker Fuel Sales, Revenue and Gross Margin (2017-2022)
        7.18.4 China Shipping & Sinopec Suppliers Co., Ltd. Products Offered
        7.18.5 China Shipping & Sinopec Suppliers Co., Ltd. Recent Development

 8 Industry Chain and Sales Channels Analysis
    8.1 Bunker Fuel Industry Chain Analysis
    8.2 Bunker Fuel Key Raw Materials
        8.2.1 Key Raw Materials
        8.2.2 Bunker Fuel Distributors
    8.3 Bunker Fuel Production Mode & Process
    8.4 Bunker Fuel Sales and Marketing
        8.4.1 Bunker Fuel Sales Channels
        8.4.2 Bunker Fuel Distributors
    8.5 Bunker Fuel Customers

 9 Research Findings and Conclusion

 10 Appendix
    10.1 Research Methodology
        10.1.1 Methodology/Research Approach
        10.1.2 Data Source
    10.2 Author Details
    10.3 Disclaimer

List of Tables
    Table 1. Bunker Fuel CAGR in Value, United States VS Global, 2017 VS 2022 VS 2028
    Table 2. Bunker Fuel Market Trends
    Table 3. Bunker Fuel Market Drivers
    Table 4. Bunker Fuel Market Challenges
    Table 5. Bunker Fuel Market Restraints
    Table 6. Global Bunker Fuel Sales by Type: 2017 VS 2022 VS 2028 (US$ Million)
    Table 7. United States Bunker Fuel Sales by Type: 2017 VS 2022 VS 2028 (US$ Million)
    Table 8. Global Bunker Fuel Sales by Application: 2017 VS 2022 VS 2028 (US$ Million)
    Table 9. United States Bunker Fuel Sales by Application: 2017 VS 2022 VS 2028 (US$ Million)
    Table 10. Top Bunker Fuel Manufacturers in Global Market, Ranking by Revenue (2021)
    Table 11. Global Bunker Fuel Revenue by Manufacturer, (US$ Million), 2017-2022
    Table 12. Global Bunker Fuel Revenue Share by Manufacturer, 2017-2022
    Table 13. Global Bunker Fuel Sales by Manufacturer, (M MT), 2017-2022
    Table 14. Global Bunker Fuel Sales Share by Manufacturer, 2017-2022
    Table 15. Global Bunker Fuel Price by Manufacturer (2017-2022) & (USD/MT)
    Table 16. Global Bunker Fuel Manufacturers Market Concentration Ratio (CR5 and HHI)
    Table 17. Global Bunker Fuel by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Bunker Fuel as of 2021)
    Table 18. Top Players of Bunker Fuel in Global Market, Headquarters and Distribution of Producing Region
    Table 19. Manufacturers Bunker Fuel Product Type
    Table 20. Date of International Manufacturers Enter into Bunker Fuel Market
    Table 21. Manufacturers Mergers & Acquisitions, Expansion Plans
    Table 22. Top Bunker Fuel Players in United States Market, Ranking by Revenue (2021)
    Table 23. United States Bunker Fuel Revenue by Players, (US$ Million), 2020, 2021 & 2022
    Table 24. United States Bunker Fuel Revenue Share by Players, 2020, 2021 & 2022
    Table 25. United States Bunker Fuel Sales by Players, (M MT), 2020, 2021 & 2022
    Table 26. United States Bunker Fuel Sales Share by Players, 2020, 2021 & 2022
    Table 27. Global Bunker Fuel Market Size by Region (US$ Million): 2017 VS 2022 VS 2028
    Table 28. Global Bunker Fuel Sales in Volume by Region (2017-2022) & (M MT)
    Table 29. Global Bunker Fuel Sales in Volume Forecast by Region (2023-2028) & (M MT)
    Table 30. Global Bunker Fuel Sales in Value by Region (2017-2022) & (US$ Million)
    Table 31. Global Bunker Fuel Sales in Value Forecast by Region (2023-2028) & (US$ Million)
    Table 32. North America Bunker Fuel Sales in Volume by Country (2017-2028) & (M MT)
    Table 33. North America Bunker Fuel Sales in Value by Country (2017-2028) & (US$ Million)
    Table 34. Asia Pacific Bunker Fuel Sales in Volume by Region (2017-2028) & (M MT)
    Table 35. Asia Pacific Bunker Fuel Sales in Value by Region (2017-2028) & (US$ Million)
    Table 36. Europe Bunker Fuel Sales in Volume by Country (2017-2028) & (M MT)
    Table 37. Europe Bunker Fuel Sales in Value by Country (2017-2028) & (US$ Million)
    Table 38. Latin America Bunker Fuel Sales in Volume by Country (2017-2028) & (M MT)
    Table 39. Latin Americaa Bunker Fuel Sales in Value by Country (2017-2028) & (US$ Million)
    Table 40. Middle East and Africa Bunker Fuel Sales in Volume by Country (2017-2028) & (M MT)
    Table 41. Middle East and Africa Bunker Fuel Sales in Value by Country (2017-2028) & (US$ Million)
    Table 42. World Fuel Services Corporation Information
    Table 43. World Fuel Services Description and Business Overview
    Table 44. World Fuel Services Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 45. World Fuel Services Bunker Fuel Product
    Table 46. World Fuel Services Recent Development
    Table 47. Bunker Holding Corporation Information
    Table 48. Bunker Holding Description and Business Overview
    Table 49. Bunker Holding Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 50. Bunker Holding Product
    Table 51. Bunker Holding Recent Development
    Table 52. Chemoil Corporation Information
    Table 53. Chemoil Description and Business Overview
    Table 54. Chemoil Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 55. Chemoil Product
    Table 56. Chemoil Recent Development
    Table 57. Aegean Marine Petroleum Corporation Information
    Table 58. Aegean Marine Petroleum Description and Business Overview
    Table 59. Aegean Marine Petroleum Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 60. Aegean Marine Petroleum Product
    Table 61. Aegean Marine Petroleum Recent Development
    Table 62. China Marine Bunker Corporation Information
    Table 63. China Marine Bunker Description and Business Overview
    Table 64. China Marine Bunker Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 65. China Marine Bunker Product
    Table 66. China Marine Bunker Recent Development
    Table 67. Bright Oil Corporation Information
    Table 68. Bright Oil Description and Business Overview
    Table 69. Bright Oil Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 70. Bright Oil Product
    Table 71. Bright Oil Recent Development
    Table 72. BP Corporation Information
    Table 73. BP Description and Business Overview
    Table 74. BP Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 75. BP Product
    Table 76. BP Recent Development
    Table 77. Exxon Mobil Corporation Information
    Table 78. Exxon Mobil Description and Business Overview
    Table 79. Exxon Mobil Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 80. Exxon Mobil Product
    Table 81. Exxon Mobil Recent Development
    Table 82. Shell Corporation Information
    Table 83. Shell Description and Business Overview
    Table 84. Shell Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 85. Shell Product
    Table 86. Shell Recent Development
    Table 87. Sinopec Corporation Information
    Table 88. Sinopec Description and Business Overview
    Table 89. Sinopec Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 90. Sinopec Product
    Table 91. Sinopec Recent Development
    Table 92. Lukoil-Bunker Corporation Information
    Table 93. Lukoil-Bunker Description and Business Overview
    Table 94. Lukoil-Bunker Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 95. Lukoil-Bunker Product
    Table 96. Lukoil-Bunker Recent Development
    Table 97. Total Marine Fuel Corporation Information
    Table 98. Total Marine Fuel Description and Business Overview
    Table 99. Total Marine Fuel Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 100. Total Marine Fuel Product
    Table 101. Total Marine Fuel Recent Development
    Table 102. Gazpromneft Corporation Information
    Table 103. Gazpromneft Description and Business Overview
    Table 104. Gazpromneft Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 105. Gazpromneft Product
    Table 106. Gazpromneft Recent Development
    Table 107. China Changjiang Bunker Corporation Information
    Table 108. China Changjiang Bunker Description and Business Overview
    Table 109. China Changjiang Bunker Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 110. China Changjiang Bunker Product
    Table 111. China Changjiang Bunker Recent Development
    Table 112. Southern Pec Corporation Information
    Table 113. Southern Pec Description and Business Overview
    Table 114. Southern Pec Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 115. Southern Pec Product
    Table 116. Southern Pec Recent Development
    Table 117. GAC Corporation Information
    Table 118. GAC Description and Business Overview
    Table 119. GAC Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 120. GAC Product
    Table 121. GAC Recent Development
    Table 122. Shanghai Lonyer Fuels Corporation Information
    Table 123. Shanghai Lonyer Fuels Description and Business Overview
    Table 124. Shanghai Lonyer Fuels Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 125. Shanghai Lonyer Fuels Product
    Table 126. Shanghai Lonyer Fuels Recent Development
    Table 127. China Shipping & Sinopec Suppliers Co., Ltd. Corporation Information
    Table 128. China Shipping & Sinopec Suppliers Co., Ltd. Description and Business Overview
    Table 129. China Shipping & Sinopec Suppliers Co., Ltd. Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 130. China Shipping & Sinopec Suppliers Co., Ltd. Product
    Table 131. China Shipping & Sinopec Suppliers Co., Ltd. Recent Development
    Table 132. Key Raw Materials Lists
    Table 133. Raw Materials Key Suppliers Lists
    Table 134. Bunker Fuel Customers List
    Table 135. Bunker Fuel Distributors List
    Table 136. Research Programs/Design for This Report
    Table 137. Key Data Information from Secondary Sources
    Table 138. Key Data Information from Primary Sources
List of Figures
    Figure 1. Bunker Fuel Product Picture
    Figure 2. Global Bunker Fuel Revenue, (US$ Million), 2017 VS 2022 VS 2028
    Figure 3. Global Bunker Fuel Market Size 2017-2028 (US$ Million)
    Figure 4. Global Bunker Fuel Sales 2017-2028 (M MT)
    Figure 5. United States Bunker Fuel Revenue, (US$ Million), 2017 VS 2022 VS 2028
    Figure 6. United States Bunker Fuel Market Size 2017-2028 (US$ Million)
    Figure 7. United States Bunker Fuel Sales 2017-2028 (M MT)
    Figure 8. United States Bunker Fuel Market Share in Global, in Value (US$ Million) 2017-2028
    Figure 9. United States Bunker Fuel Market Share in Global, in Volume (M MT) 2017-2028
    Figure 10. Bunker Fuel Report Years Considered
    Figure 11. Product Picture of Distillate Fuel Oil
    Figure 12. Product Picture of Residual Fuel Oil
    Figure 13. Product Picture of LNG
    Figure 14. Global Bunker Fuel Market Share by Type in 2022 & 2028
    Figure 15. Global Bunker Fuel Sales in Value by Type (2017-2028) & (US$ Million)
    Figure 16. Global Bunker Fuel Sales Market Share in Value by Type (2017-2028)
    Figure 17. Global Bunker Fuel Sales by Type (2017-2028) & (M MT)
    Figure 18. Global Bunker Fuel Sales Market Share in Volume by Type (2017-2028)
    Figure 19. Global Bunker Fuel Price by Type (2017-2028) & (USD/MT)
    Figure 20. United States Bunker Fuel Market Share by Type in 2022 & 2028
    Figure 21. United States Bunker Fuel Sales in Value by Type (2017-2028) & (US$ Million)
    Figure 22. United States Bunker Fuel Sales Market Share in Value by Type (2017-2028)
    Figure 23. United States Bunker Fuel Sales by Type (2017-2028) & (M MT)
    Figure 24. United States Bunker Fuel Sales Market Share in Volume by Type (2017-2028)
    Figure 25. United States Bunker Fuel Price by Type (2017-2028) & (USD/MT)
    Figure 26. Product Picture of Tanker Vessels
    Figure 27. Product Picture of Container Vessels
    Figure 28. Product Picture of Bulk Vessels
    Figure 29. Product Picture of General Cargo Vessels
    Figure 30. Product Picture of Other
    Figure 31. Global Bunker Fuel Market Share by Application in 2022 & 2028
    Figure 32. Global Bunker Fuel Sales in Value by Application (2017-2028) & (US$ Million)
    Figure 33. Global Bunker Fuel Sales Market Share in Value by Application (2017-2028)
    Figure 34. Global Bunker Fuel Sales by Application (2017-2028) & (M MT)
    Figure 35. Global Bunker Fuel Sales Market Share in Volume by Application (2017-2028)
    Figure 36. Global Bunker Fuel Price by Application (2017-2028) & (USD/MT)
    Figure 37. United States Bunker Fuel Market Share by Application in 2022 & 2028
    Figure 38. United States Bunker Fuel Sales in Value by Application (2017-2028) & (US$ Million)
    Figure 39. United States Bunker Fuel Sales Market Share in Value by Application (2017-2028)
    Figure 40. United States Bunker Fuel Sales by Application (2017-2028) & (M MT)
    Figure 41. United States Bunker Fuel Sales Market Share in Volume by Application (2017-2028)
    Figure 42. United States Bunker Fuel Price by Application (2017-2028) & (USD/MT)
    Figure 43. North America Bunker Fuel Sales in Volume Growth Rate 2017-2028 (M MT)
    Figure 44. North America Bunker Fuel Sales in Value Growth Rate 2017-2028 (US$ Million)
    Figure 45. U.S. Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 46. Canada Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 47. Europe Bunker Fuel Sales in Volume Growth Rate 2017-2028 (M MT)
    Figure 48. Europe Bunker Fuel Sales in Value Growth Rate 2017-2028 (US$ Million)
    Figure 49. Germany Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 50. France Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 51. U.K. Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 52. Italy Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 53. Russia Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 54. Asia-Pacific Bunker Fuel Sales in Volume Growth Rate 2017-2028 (M MT)
    Figure 55. Asia-Pacific Bunker Fuel Sales in Value Growth Rate 2017-2028 (US$ Million)
    Figure 56. China Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 57. Japan Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 58. South Korea Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 59. India Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 60. Australia Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 61. China Taiwan Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 62. Indonesia Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 63. Thailand Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 64. Malaysia Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 65. Latin America Bunker Fuel Sales in Volume Growth Rate 2017-2028 (M MT)
    Figure 66. Latin America Bunker Fuel Sales in Value Growth Rate 2017-2028 (US$ Million)
    Figure 67. Mexico Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 68. Brazil Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 69. Argentina Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 70. Middle East & Africa Bunker Fuel Sales in Volume Growth Rate 2017-2028 (M MT)
    Figure 71. Middle East & Africa Bunker Fuel Sales in Value Growth Rate 2017-2028 (US$ Million)
    Figure 72. Turkey Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 73. Saudi Arabia Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 74. UAE Bunker Fuel Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 75. Bunker Fuel Value Chain
    Figure 76. Bunker Fuel Production Process
    Figure 77. Channels of Distribution
    Figure 78. Distributors Profiles
    Figure 79. Bottom-up and Top-down Approaches for This Report
    Figure 80. Data Triangulation
    Figure 81. Key Executives Interviewed

Bunker fuel is technically any type of fuel oil used aboard vessels. This kind of material can be broken down into different categories based on its chemical composition, intended purpose, and boiling temperature. In comparison with other petroleum products, bunker fuel is extremely crude and highly polluting.

Market Analysis and Insights: Global and United States Bunker Fuel Market

This report focuses on global and United States Bunker Fuel market, also covers the segmentation data of other regions in regional level and county level.

Due to the COVID-19 pandemic, the global Bunker Fuel market size is estimated to be worth US$ 161120 million in 2022 and is forecast to a readjusted size of US$ 240450 million by 2028 with a CAGR of 6.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, by Type, Distillate Fuel Oil accounting for % of the Bunker Fuel global market in 2021, is projected to value US$  million by 2028, growing at a revised % CAGR from 2022 to 2028. While by Application, Tanker Vessels was the leading segment, accounting for over  percent market share in 2021, and altered to an  % CAGR throughout this forecast period.

Asia-Pacific is the largest market with about 38% market share. Europe is follower, accounting for about 32% market share.

The key players are World Fuel Services, Bunker Holding, Chemoil, Aegean Marine Petroleum, China Marine Bunker, Bright Oil, BP, Exxon Mobil, Shell, Sinopec, Lukoil-Bunker, Total Marine Fuel, Gazpromneft, China Changjiang Bunker, Southern Pec, GAC, Shanghai Lonyer Fuels etc. World Fuel Services is the largest manufacturer with about 9% market share.

Global Bunker Fuel Scope and Market Size
Bunker Fuel market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Bunker Fuel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.

For United States market, this report focuses on the Bunker Fuel market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.

Segment by Type
    Distillate Fuel Oil
    Residual Fuel Oil
    LNG

Segment by Application
    Tanker Vessels
    Container Vessels
    Bulk Vessels
    General Cargo Vessels
    Other

By Region
    North America
        U.S.
        Canada
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
    Asia-Pacific
        China
        Japan
        South Korea
        India
        Australia
        China Taiwan
        Indonesia
        Thailand
        Malaysia
    Latin America
        Mexico
        Brazil
        Argentina
    Middle East & Africa
        Turkey
        Saudi Arabia
        UAE

By Company
    World Fuel Services
    Bunker Holding
    Chemoil
    Aegean Marine Petroleum
    China Marine Bunker
    Bright Oil
    BP
    Exxon Mobil
    Shell
    Sinopec
    Lukoil-Bunker
    Total Marine Fuel
    Gazpromneft
    China Changjiang Bunker
    Southern Pec
    GAC
    Shanghai Lonyer Fuels
    China Shipping & Sinopec Suppliers Co., Ltd.