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.
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 global Bunker Oil market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Bunker Oil volume and value at global level, regional level and company level. From a global perspective, this report represents overall Bunker Oil market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
BP
Chevron
Exxon Mobil
Gazprom
HPCL
Royal Dutch Shell
...
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Residual Fuel
Distillate Fuel
Segment by Application
Container Vessels
Tanker Vessels
Bulk & General Cargo Vessels
Table of Contents
Executive Summary
1 Bunker Oil Market Overview
1.1 Product Overview and Scope of Bunker Oil
1.2 Bunker Oil Segment by Type
1.2.1 Global Bunker Oil Production Growth Rate Comparison by Type (2014-2025)
1.2.2 Residual Fuel
1.2.3 Distillate Fuel
1.3 Bunker Oil Segment by Application
1.3.1 Bunker Oil Consumption Comparison by Application (2014-2025)
1.3.2 Container Vessels
1.3.3 Tanker Vessels
1.3.4 Bulk & General Cargo Vessels
1.4 Global Bunker Oil Market by Region
1.4.1 Global Bunker Oil Market Size Region
1.4.2 North America Status and Prospect (2014-2025)
1.4.3 Europe Status and Prospect (2014-2025)
1.4.4 China Status and Prospect (2014-2025)
1.4.5 Japan Status and Prospect (2014-2025)
1.5 Global Bunker Oil Market Size
1.5.1 Global Bunker Oil Revenue (2014-2025)
1.5.2 Global Bunker Oil Production (2014-2025)
2 Global Bunker Oil Market Competition by Manufacturers
2.1 Global Bunker Oil Production Market Share by Manufacturers (2014-2019)
2.2 Global Bunker Oil Revenue Share by Manufacturers (2014-2019)
2.3 Global Bunker Oil Average Price by Manufacturers (2014-2019)
2.4 Manufacturers Bunker Oil Production Sites, Area Served, Product Types
2.5 Bunker Oil Market Competitive Situation and Trends
2.5.1 Bunker Oil Market Concentration Rate
2.5.2 Bunker Oil Market Share of Top 3 and Top 5 Manufacturers
2.5.3 Mergers & Acquisitions, Expansion
3 Global Bunker Oil Production Market Share by Regions
3.1 Global Bunker Oil Production Market Share by Regions
3.2 Global Bunker Oil Revenue Market Share by Regions (2014-2019)
3.3 Global Bunker Oil Production, Revenue, Price and Gross Margin (2014-2019)
3.4 North America Bunker Oil Production
3.4.1 North America Bunker Oil Production Growth Rate (2014-2019)
3.4.2 North America Bunker Oil Production, Revenue, Price and Gross Margin (2014-2019)
3.5 Europe Bunker Oil Production
3.5.1 Europe Bunker Oil Production Growth Rate (2014-2019)
3.5.2 Europe Bunker Oil Production, Revenue, Price and Gross Margin (2014-2019)
3.6 China Bunker Oil Production (2014-2019)
3.6.1 China Bunker Oil Production Growth Rate (2014-2019)
3.6.2 China Bunker Oil Production, Revenue, Price and Gross Margin (2014-2019)
3.7 Japan Bunker Oil Production (2014-2019)
3.7.1 Japan Bunker Oil Production Growth Rate (2014-2019)
3.7.2 Japan Bunker Oil Production, Revenue, Price and Gross Margin (2014-2019)
4 Global Bunker Oil Consumption by Regions
4.1 Global Bunker Oil Consumption by Regions
4.2 North America Bunker Oil Consumption (2014-2019)
4.3 Europe Bunker Oil Consumption (2014-2019)
4.4 China Bunker Oil Consumption (2014-2019)
4.5 Japan Bunker Oil Consumption (2014-2019)
5 Global Bunker Oil Production, Revenue, Price Trend by Type
5.1 Global Bunker Oil Production Market Share by Type (2014-2019)
5.2 Global Bunker Oil Revenue Market Share by Type (2014-2019)
5.3 Global Bunker Oil Price by Type (2014-2019)
5.4 Global Bunker Oil Production Growth by Type (2014-2019)
6 Global Bunker Oil Market Analysis by Applications
6.1 Global Bunker Oil Consumption Market Share by Application (2014-2019)
6.2 Global Bunker Oil Consumption Growth Rate by Application (2014-2019)
7 Company Profiles and Key Figures in Bunker Oil Business
7.1 BP
7.1.1 BP Bunker Oil Production Sites and Area Served
7.1.2 Bunker Oil Product Introduction, Application and Specification
7.1.3 BP Bunker Oil Production, Revenue, Price and Gross Margin (2014-2019)
7.1.4 Main Business and Markets Served
7.2 Chevron
7.2.1 Chevron Bunker Oil Production Sites and Area Served
7.2.2 Bunker Oil Product Introduction, Application and Specification
7.2.3 Chevron Bunker Oil Production, Revenue, Price and Gross Margin (2014-2019)
7.2.4 Main Business and Markets Served
7.3 Exxon Mobil
7.3.1 Exxon Mobil Bunker Oil Production Sites and Area Served
7.3.2 Bunker Oil Product Introduction, Application and Specification
7.3.3 Exxon Mobil Bunker Oil Production, Revenue, Price and Gross Margin (2014-2019)
7.3.4 Main Business and Markets Served
7.4 Gazprom
7.4.1 Gazprom Bunker Oil Production Sites and Area Served
7.4.2 Bunker Oil Product Introduction, Application and Specification
7.4.3 Gazprom Bunker Oil Production, Revenue, Price and Gross Margin (2014-2019)
7.4.4 Main Business and Markets Served
7.5 HPCL
7.5.1 HPCL Bunker Oil Production Sites and Area Served
7.5.2 Bunker Oil Product Introduction, Application and Specification
7.5.3 HPCL Bunker Oil Production, Revenue, Price and Gross Margin (2014-2019)
7.5.4 Main Business and Markets Served
7.6 Royal Dutch Shell
7.6.1 Royal Dutch Shell Bunker Oil Production Sites and Area Served
7.6.2 Bunker Oil Product Introduction, Application and Specification
7.6.3 Royal Dutch Shell Bunker Oil Production, Revenue, Price and Gross Margin (2014-2019)
7.6.4 Main Business and Markets Served
8 Bunker Oil Manufacturing Cost Analysis
8.1 Bunker Oil Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Bunker Oil
8.4 Bunker Oil Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.1.1 Direct Marketing
9.1.2 Indirect Marketing
9.2 Bunker Oil Distributors List
9.3 Bunker Oil Customers
10 Market Dynamics
10.1 Market Trends
10.2 Opportunities
10.3 Market Drivers
10.4 Challenges
10.5 Influence Factors
11 Global Bunker Oil Market Forecast
11.1 Global Bunker Oil Production, Revenue Forecast
11.1.1 Global Bunker Oil Production Growth Rate Forecast (2019-2025)
11.1.2 Global Bunker Oil Revenue and Growth Rate Forecast (2019-2025)
11.1.3 Global Bunker Oil Price and Trend Forecast (2019-2025)
11.2 Global Bunker Oil Production Forecast by Regions (2019-2025)
11.2.1 North America Bunker Oil Production, Revenue Forecast (2019-2025)
11.2.2 Europe Bunker Oil Production, Revenue Forecast (2019-2025)
11.2.3 China Bunker Oil Production, Revenue Forecast (2019-2025)
11.2.4 Japan Bunker Oil Production, Revenue Forecast (2019-2025)
11.3 Global Bunker Oil Consumption Forecast by Regions (2019-2025)
11.3.1 North America Bunker Oil Consumption Forecast (2019-2025)
11.3.2 Europe Bunker Oil Consumption Forecast (2019-2025)
11.3.3 China Bunker Oil Consumption Forecast (2019-2025)
11.3.4 Japan Bunker Oil Consumption Forecast (2019-2025)
11.4 Global Bunker Oil Production, Revenue and Price Forecast by Type (2019-2025)
11.5 Global Bunker Oil Consumption Forecast by Application (2019-2025)
12 Research Findings and Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Author List
13.4 Disclaimer
List of Tables and Figures
Figure Picture of Bunker Oil
Table Global Bunker Oil Production (K MT) Growth Rate Comparison by Types (2014-2025)
Figure Global Bunker Oil Production Market Share by Types in 2018
Figure Residual Fuel Product Picture
Table Residual Fuel Major Manufacturers
Figure Distillate Fuel Product Picture
Table Distillate Fuel Major Manufacturers
Table Global Bunker Oil Consumption (K MT) Comparison by Applications (2014-2025)
Figure Global Bunker Oil Consumption Market Share by Applications in 2018
Figure Container Vessels
Figure Tanker Vessels
Figure Bulk & General Cargo Vessels
Table Bunker Oil Market Size (Million US$) Comparison by Regions (2014-2025)
Figure North America Bunker Oil Revenue (Million USD) and Growth Rate (2014-2025)
Figure Europe Bunker Oil Revenue (Million USD) and Growth Rate (2014-2025)
Figure China Bunker Oil Revenue (Million USD) and Growth Rate (2014-2025)
Figure Japan Bunker Oil Revenue (Million USD) and Growth Rate (2014-2025)
Figure Global Bunker Oil Revenue (Million USD) (2014-2025)
Figure Global Bunker Oil Production (K MT) (2014-2025)
Table Global Bunker Oil Production (K MT) of Key Manufacturers (2014-2019)
Table Global Bunker Oil Production Share by Manufacturers (2014-2019)
Figure Bunker Oil Production Share by Manufacturers in 2018
Table Global Bunker Oil Revenue (Million USD) by Manufacturers (2014-2019)
Table Global Bunker Oil Revenue Share by Manufacturers (2014-2019)
Figure Global Bunker Oil Revenue Share by Manufacturers in 2018
Table Global Market Bunker Oil Average Price (USD/MT) of Key Manufacturers (2014-2019)
Figure Global Market Bunker Oil Average Price (USD/MT) of Key Manufacturers in 2018
Table Manufacturers Bunker Oil Production Sites and Area Served
Table Manufacturers Bunker Oil Product Types
Figure Bunker Oil Market Share of Top 5 Manufacturers
Figure Bunker Oil Market Share of Top 10 Manufacturers
Table Global Bunker Oil Production (K MT) by Region (2014-2019)
Table Global Bunker Oil Production Market Share by Region (2014-2019)
Figure Global Bunker Oil Production Market Share by Region (2014-2019)
Figure Global Bunker Oil Production Market Share by Region in 2018
Table Global Bunker Oil Revenue (Million USD) by Region (2014-2019)
Table Global Bunker Oil Revenue Market Share by Region (2014-2019)
Figure Global Bunker Oil Revenue Market Share by Region (2014-2019)
Figure Global Bunker Oil Revenue Market Share by Region in 2018
Figure Global Bunker Oil Production (K MT) Growth Rate (2014-2019)
Table Global Bunker Oil Production (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2014-2019)
Figure North America Bunker Oil Production (K MT) Growth Rate (2014-2019)
Table North America Bunker Oil Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019)
Figure Europe Bunker Oil Production (K MT) Growth Rate (2014-2019)
Table Europe Bunker Oil Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019)
Figure China Bunker Oil Production (K MT) Growth Rate (2014-2019)
Table China Bunker Oil Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019)
Figure Japan Bunker Oil Production (K MT) Growth Rate (2014-2019)
Table Japan Bunker Oil Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019)
Table Global Bunker Oil Consumption (K MT) Market by Region (2014-2019)
Table Global Bunker Oil Consumption Market Share by Region (2014-2019)
Figure Global Bunker Oil Consumption Market Share by Region (2014-2019)
Figure Global Bunker Oil Consumption Market Share by Region in 2018
Figure North America Bunker Oil Consumption Growth Rate (2014-2019) (K MT)
Figure Europe Bunker Oil Consumption Growth Rate (2014-2019) (K MT)
Figure China Bunker Oil Consumption Growth Rate (2014-2019) (K MT)
Figure Japan Bunker Oil Consumption Growth Rate (2014-2019) (K MT)
Table Global Bunker Oil Production (K MT) by Type (2014-2019)
Table Global Bunker Oil Production Share by Type (2014-2019)
Figure Production Market Share of Bunker Oil by Type (2014-2019)
Figure Production Market Share of Bunker Oil by Type in 2018
Table Global Bunker Oil Revenue (Million USD) by Type (2014-2019)
Table Global Bunker Oil Revenue Share by Type (2014-2019)
Figure Revenue Share of Bunker Oil by Type (2014-2019)
Figure Revenue Market Share of Bunker Oil by Type in 2018
Table Global Bunker Oil Price (USD/MT) by Type (2014-2019)
Figure Global Bunker Oil Production Growth by Type (2014-2019) (K MT)
Table Global Bunker Oil Consumption (K MT) by Application (2014-2019)
Table Global Bunker Oil Consumption Market Share by Application (2014-2019)
Figure Global Bunker Oil Consumption Market Share by Applications (2014-2019)
Figure Global Bunker Oil Consumption Market Share by Application in 2018
Table Global Bunker Oil Consumption Growth Rate by Application (2014-2019)
Figure Global Bunker Oil Consumption Growth Rate by Application (2014-2019)
Table BP Bunker Oil Production Sites and Area Served
Table BP Product Introduction, Application and Specification
Table BP Bunker Oil Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019)
Figure BP Bunker Oil Production Growth Rate (2014-2019)
Figure BP Bunker Oil Production Market Share (2014-2019)
Figure BP Bunker Oil Revenue Market Share (2014-2019)
Table BP Main Business and Markets Served
Table Chevron Bunker Oil Production Sites and Area Served
Table Chevron Product Introduction, Application and Specification
Table Chevron Bunker Oil Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019)
Figure Chevron Bunker Oil Production Growth Rate (2014-2019)
Figure Chevron Bunker Oil Production Market Share (2014-2019)
Figure Chevron Bunker Oil Revenue Market Share (2014-2019)
Table Chevron Main Business and Markets Served
Table Exxon Mobil Bunker Oil Production Sites and Area Served
Table Exxon Mobil Product Introduction, Application and Specification
Table Exxon Mobil Bunker Oil Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019)
Figure Exxon Mobil Bunker Oil Production Growth Rate (2014-2019)
Figure Exxon Mobil Bunker Oil Production Market Share (2014-2019)
Figure Exxon Mobil Bunker Oil Revenue Market Share (2014-2019)
Table Exxon Mobil Main Business and Markets Served
Table Gazprom Bunker Oil Production Sites and Area Served
Table Gazprom Product Introduction, Application and Specification
Table Gazprom Bunker Oil Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019)
Figure Gazprom Bunker Oil Production Growth Rate (2014-2019)
Figure Gazprom Bunker Oil Production Market Share (2014-2019)
Figure Gazprom Bunker Oil Revenue Market Share (2014-2019)
Table Gazprom Main Business and Markets Served
Table HPCL Bunker Oil Production Sites and Area Served
Table HPCL Product Introduction, Application and Specification
Table HPCL Bunker Oil Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019)
Figure HPCL Bunker Oil Production Growth Rate (2014-2019)
Figure HPCL Bunker Oil Production Market Share (2014-2019)
Figure HPCL Bunker Oil Revenue Market Share (2014-2019)
Table HPCL Main Business and Markets Served
Table Royal Dutch Shell Bunker Oil Production Sites and Area Served
Table Royal Dutch Shell Product Introduction, Application and Specification
Table Royal Dutch Shell Bunker Oil Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019)
Figure Royal Dutch Shell Bunker Oil Production Growth Rate (2014-2019)
Figure Royal Dutch Shell Bunker Oil Production Market Share (2014-2019)
Figure Royal Dutch Shell Bunker Oil Revenue Market Share (2014-2019)
Table Royal Dutch Shell Main Business and Markets Served
Table Production Base and Market Concentration Rate of Raw Material
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Manufacturing Cost Structure of Bunker Oil
Figure Manufacturing Process Analysis of Bunker Oil
Figure Bunker Oil Industrial Chain Analysis
Table Bunker Oil Distributors List
Table Bunker Oil Customers List
Table Market Key Trends
Table Key Opportunities
Table Market Key Drivers
Table Key Challenges
Table Key Influence Factors
Figure Global Bunker Oil Production (K MT) and Growth Rate Forecast (2019-2025)
Figure Global Bunker Oil Revenue (Million USD) and Growth Rate Forecast (2019-2025)
Figure Global Bunker Oil Price and Trend Forecast (2019-2025)
Table Global Bunker Oil Production (K MT) Forecast by Region (2019-2025)
Figure Global Bunker Oil Production Market Share Forecast by Region (2019-2025)
Figure North America Bunker Oil Production (K MT) and Growth Rate Forecast (2019-2025)
Figure North America Bunker Oil Revenue (Million USD) and Growth Rate Forecast (2019-2025)
Figure Europe Bunker Oil Production (K MT) and Growth Rate Forecast (2019-2025)
Figure Europe Bunker Oil Revenue (Million USD) and Growth Rate Forecast (2019-2025)
Figure China Bunker Oil Production (K MT) and Growth Rate Forecast (2019-2025)
Figure China Bunker Oil Revenue (Million USD) and Growth Rate Forecast (2019-2025)
Figure Japan Bunker Oil Production (K MT) and Growth Rate Forecast (2019-2025)
Figure Japan Bunker Oil Revenue (Million USD) and Growth Rate Forecast (2019-2025)
Table Global Bunker Oil Consumption (K MT) Forecast by Regions (2019-2025)
Figure Global Bunker Oil Consumption Market Share Forecast by Regions (2019-2025)
Figure North America Bunker Oil Consumption (K MT) Growth Rate Forecast (2019-2025)
Figure Europe Bunker Oil Consumption (K MT) Growth Rate Forecast (2019-2025)
Figure China Bunker Oil Consumption (K MT) Growth Rate Forecast (2019-2025)
Figure Japan Bunker Oil Consumption (K MT) Growth Rate Forecast (2019-2025)
Table Global Bunker Oil Production (K MT) Forecast by Type (2019-2025)
Figure Global Bunker Oil Production (K MT) Forecast by Type (2019-2025)
Table Global Bunker Oil Revenue (Million USD) Forecast by Type (2019-2025)
Figure Global Bunker Oil Revenue Market Share Forecast by Type (2019-2025)
Table Global Bunker Oil Price (USD/MT) Forecast by Type (2019-2025)
Table Global Bunker Oil Consumption (K MT) Forecast by Application (2019-2025)
Figure Global Bunker Oil Consumption Forecast by Application (2019-2025)
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources