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LNG Bunkering Market- Industry Dynamics, Market Size, And Opportunity Forecast To 2027

Global LNG Bunkering Market- (By Product Type – Truck-to-Ship, Port-to-Ship, Ship-to-Ship, and Portable Tanks; By Application – Container Fleet, Tanker Fleet, Cargo Fleet, Ferries, Inland Vessels, and Others; and By Region) - Industry Dynamics, Market Size and Opportunity Forecast, 2027

  • Published On: 24-Feb-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0222148
    Delivery: 2 to 4 Hours
INFOGRAPHIC:
LNG Bunkering Market

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REPORT SCOPE

Report AttributeDetails
Market Size Value in 2021US$ 2,978.4 Mn
Expected Revenue in 2027US$ 25,045.8 Mn
Historic Data2017-2020
Base Year2021
Forecast Period2022-2027
UnitValue (USD Mn)
CAGR42.6% 
Segments coveredBy Product Type, Application, and Region
Key CompaniesBomin Linde LNG GmbH & Co. KG, ENN Energy Holdings Ltd., FueLNG, and other prominent players.
Customization ScopeGet your customized report as per your preference. Ask for customization

FREQUENTLY ASKED QUESTIONS

Global LNG Bunkering Market is projected to grow at a CAGR of 42.6% during the forecast period 2022-2027.

LNG Bunkering is the practice of providing liquefied natural gas fuel to a ship for its own consumption.

The size of the Global LNG Bunkering Market in 2021 was US$ 2,978.4 Million. 

IMO regulation on sulfur content in the marine fuel and increase in gas exploration and production activities. 

Product type and application are the different segments of the Global LNG Bunkering Market.

Cargo fleet segment are expected to drive the adoption of LNG bunkering. 

Less shipping emissions in comparison to more traditional method, lower operating cost, safety and others are the advantages of using LNG in the shipping industry.

Port-to-Ship segment is projected to grow at the highest CAGR during the forecast period.

Demand and supply gap for LNG bunkering restrain the growth in the Global LNG Bunkering Market. 

Russia is expected to project a fastest CAGR in the Europe LNG bunkering market during the forecast period.

Rapid urbanization & industrialization across the developed and developing regions in the world further fuels the demand for bulk cargo shipping.

Royal Dutch Shell PLC, Total SA, Engie SA, Korea Gas Corporation, Linde, Bomin Linde LNG GmbH & Co. KG, ENN Energy Holdings Ltd, Harvey Gulf International Marine and Kawasaki heavy industries Ltd among others.