According to a new report published by Allied Market Research titled, “Bunker Fuel Market by Type, Commercial Distributor, and Application: Opportunity Analysis and Industry Forecast, 2020–2027,” the global bunker fuel market size was valued at $120.1 billion in 2019, and is projected to reach $130.1 billion by 2027, growing at a CAGR of 3.1% from 2020 to 2027. Global bunker fuel market expected to reach USD 155.1 billion in 2024, growing at a CAGR of slightly above 5.5% between 2018 and 2024. The demand for LNG is increasing in … Global marine fuel demand is estimated at about 300 million … Global Bunker Fuel Market was valued US $ 106.90 bn in 2019 and is expected to reach US$ XX bn by 2026, at a CAGR of XX % during a forecast period. Fuel oil employed as bunker fuel can be categorized into intermediate fuel oil (IFO), IFO 180, IFO 380, marine gas oil (MGO), marine diesel oil (MDO), low sulfur (LS) 380, and LS 180 Increase in globalization and urbanization has boosted the demand for various commodities in the U.S. Seaborne trade is economical; hence, it is widely practiced globally. 英語タイトル：Global Bunker Fuel Market Size study, By Type (High Sulfur Fuel Oil, Low Sulfur Fuel Oil, Marine Gasoil, and Others), Commercial Distributor (Oil Majors, Large Independent, and Small Independent), and Application (Container, Bulk Carrier, Oil Tanker, General Cargo, Chemical Tanker, Fishing Vessels, Gas Tankers, and Others), and Regional Forecasts 2020-2027 The marine sector, which consumed 3.8 million barrels per day of fuel oil in 2017, is responsible for half of global fuel oil demand. In January 2020, the global ship bunker fuel specification changes from a maximum of 3.5 weight percentage (wt%) sulfur to maximum 0.5 wt%. Statista. Demand for bunker fuel alone is estimated to have fallen between 7-17% in 2020. High sulfur bunker fuel demand has risen across North Asia as more vessels that have completed scrubber installations emerged. Global Bunker Fuel Demand LNG Distillates Used Directly Dist in 0.5% Blend LSFO in 0.5% Blend LSFO Data supplied by S&P Global Platts 2019, Made by Josh Mosher $26,500,000 , … Chart. 英語タイトル：Global Bunker Fuel Market Size study, By Type (High Sulfur Fuel Oil, Low Sulfur Fuel Oil, Marine Gasoil, and Others), Commercial Distributor (Oil Majors, Large Independent, and Small Independent), and Application (Container, Bulk Carrier, Oil Tanker, General Cargo, Chemical Tanker, Fishing Vessels, Gas Tankers, and Others), and Regional Forecasts 2020-2027 IMO sulphur regulations therefore have the potential to be highly disruptive to the pricing and availability of compliant fuels. "Global marine bunkers product demand in 2018 with a forecast for 2019 to 2024, by fuel type (in million barrels per day)." global bunker fuel market covers segments, by grades (IFO 380, IFO 180, IFO others, and MGO/MDO), end-use (container fleet, tanker fleet, bulk and general cargo fleet), seller type (major oil company, leading independent distributors, and small independent distributors), size, trends, CAGR, forecast up to 2025 Bunker fuel is the cheapest available and most used fuel in the shipping industry and supports the demand for bunker fuel market. November 15, 2019. 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