LNG Bunkering Market Analysis Segmented By Application (Container Vessels, Tanker Vessels, Bulk & General Cargo Vessels, Ferries & OSV, Others), By Type (Truck-to-Ship, Ship-to-Ship, Port-to-Ship, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity 2023-2030
Market Overview
Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4) that has been converted to liquid form for ease of storage or transport.
LNG is an attractive fuel choice for many vessels because it exceeds the air quality standards set forth. It takes up about 1/600th the volume of natural gas in the gaseous state. It is odorless, colorless, non-toxic and non-corrosive. Hazards include flammability after vaporization into a gaseous state, freezing and asphyxia.
The liquefaction process involves removal of certain components, such as dust, acid gases, helium, water, and heavy hydrocarbons, which could cause difficulty downstream. The natural gas is then condensed into a liquid at close to atmospheric pressure by cooling it to approximately −162 °C (−260 °F); maximum transport pressure is set at around 25 KPa (4 psi).
LNG Bunkering is a particular type of operation where LNG fuel is transferred from a given distribution source to a LNG fuelled ship. It involves the participation of different stakeholders, from the ship-side, LNG supplier, ports, safety personnel, administrations and policy makers. In this report, LNG bunkering only refers to LNG bunkering fuel.
The Market Research Update provides a detailed report study and highlights market share and size, and regional changing trends, production value prediction, new prospects for LNG Bunkering market development rate. This study report offers a current scenario of the market. The report also comprises several market dynamics.
Global LNG Bunkering market size will increase to Million US$ by 2030, from Million US$ in 2020, at a CAGR of during the forecast period. In this study, 2022 has been considered as the base year and 2022 to 2030 as the forecast period to estimate the market size for LNG Bunkering.
LNG Bunkering Market Report is designed to incorporate both qualify qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. This report also provides a balanced and detailed analysis of the on-going LNG Bunkering trends, opportunities-high growth areas, LNG Bunkering market drivers which would help the investors to devise and align their market strategies according to the current and future market dynamics.
The LNG Bunkering is projected to rise moderately in the projected time frame of 2023-2030.
Global LNG Bunkering Market: Competitive Landscape
Major companies in the market include : Skangas, Shell (Gasnor), Statoil, Barents Naturgass, Engie, Bomin and Linde, Eni Norge, Harvey Gulf, Polskie LNG, Korea Gas Corp, Gaz Metro
Global LNG Bunkering Market Key Segments:
On the Basis of Type:
Truck-to-Ship
Ship-to-Ship
Port-to-Ship
Others
On the Basis of Application:
Container Vessels
Tanker Vessels
Bulk & General Cargo Vessels
Ferries & OSV
Others
Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The sample pages for this report are readily available on demand.
Along with the market overview, which comprises of the market dynamics includes Porter\'s Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Global LNG Bunkering Market Size. It explains various participants such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Global LNG Bunkering Market Size.
This report provides an all-inclusive environment of the analysis for the Global LNG Bunkering Market Size. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Global LNG Bunkering Market Size growth.
Objectives of Research study:
- To observe the industry with reverence to individual future prospects, development trends, and contribution to the overall market.
- The overview of the global LNG Bunkering market
- The report comprised of the market companies, to describe and define and analyze the LNG Bunkering market value, share competition landscape, development plans, and SWOT analysis.
- The report also involves the structure of the industry by identifying its several sub-segments.
The research information and studies associated with participant analysis keep the competitive landscape noticeably into the focus with which the market can select or advance their own policies to increase the market growth.
Key Questions Answered in This Report:
- How has the global LNG Bunkering market performed so far and how will it perform in the coming years?
- What are the key driving factors and challenges in the global LNG Bunkering market?
- What is the breakup of the global LNG Bunkering market on the basis of product type?
- What is the breakup of the global LNG Bunkering market on the basis of application?
- What are the key regional markets in the global LNG Bunkering industry?
- What is the structure of the global LNG Bunkering market and who are the key players?
- What has been the impact of COVID-19 on the global LNG Bunkering market?
- What are the various stages of growth strategies of the global LNG Bunkering market?
- What is the degree of competition in the global LNG Bunkering market?
- How are LNG Bunkering manufactured?
LNG Bunkering Market – Overview
1.1 Definitions, Overview, and Scope
1.2 Drivers, Restrain, Challenges, Opportunities
LNG Bunkering Market – Executive Summary
2.1 Market Revenue and Major Trends, and Challenges
LNG Bunkering Market – Comparative Analysis
3.1 Product Benchmarking
3.2 Financial Overview
3.3 Market Cost Divided
3.4 Estimating Examination
LNG Bunkering Market – Industry Market Entry Scenario
4.1 Governing Outline Summary
4.2 New Business index
4.3 Case Studies of Positive Schemes
LNG Bunkering Market Forces
5.1 Market Drivers
5.2 Market Restrains
5.3 Market New Opportunities
5.4 Market Challenges
5.4 Porters five force model
LNG Bunkering Market – Strategic Complete Overview
6.1 Value Chain Analysis
6.2 Market Opportunities Analysis
6.3 Market Challenges Analysis
6.4 Market Life Cycle
LNG Bunkering Market – By Regions (Market Size –USD Million)
7.1 North America
7.2 Europe
7.3 Asia-Pacific
7.4 The Middle East and Africa
7.5 Rest of the World
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