Market Updates Bunker Oil Market - Global Industry Analysis, Size | Page 2

The market on the source of Type of Viable Supplier-could span Small Self-regulating, Big Self-regulating, and Big Oil
Companies. The market on the source of Type could span Marine Gas Oil [MGO], Marine Diesel Oil [MDO], and Residual
Fuel Oil. The market on the source of Area with respect to Trades in terms of intake, Profits, Market stake, and
Development percentage for the duration of the prediction could span North America, Europe, Asia Pacific, Latin
America and Middle East & Africa.
By the source of geography, North America has the extreme prospective for development in the bunker oil market
because of its plentiful existence in Marine Gas Oil [MGO] and Ultra Low Sulfur Fuel Oil [ULSFO], together with
International Maritime Organization’s [IMO’s] marine fuel orders. North America was the leading bunker oil market
during the past year because of huge number of listed fleets and gigantic maritime base. The area estimated to observe
steady development above the prediction period.
In the Asia-Pacific, developing marketplaces for example South Korea and China are likely to observe maximum
demand for bunker fuel, due to considerable development in marine line of work. The area is estimated to observe
speedy development due to growing import and export actions typically in developing nations for example Malaysia,
Indonesia, China, and India. The European market is expected to observe steady development above the subsequent
years.
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The statement revises Trades in terms of intake of Bunker Oil in the market; particularly in North America, Europe,
Asia Pacific, Latin America and Middle East & Africa. It concentrates on the topmost companies operating in these
regions. Some of the important companies operating in the field are Royal Dutch Shell PLC, GAC Bunker Fuels Ltd.,
Exxon Mobil, Bunker-Holding A/S, Bomin Bunker Oil Corp., KPI Bridge Oil A/S, Gazprom Neft PJSC, Chemoil Energy Ltd.,
BP PLC, and Aegean Marine Petroleum Network Inc.
Additional notable companies operating in the field are Glander International Bunkering DMCC, China Marine Bunker
Company Ltd., Sentek Marine & Trading Pte, Ltd., Petro China Company Ltd., Lukoil-Bunker OOO, Shanghai Lonyer
Fuels Co., Ltd., Gulf Nederland, Dan-Bunkering Inc., and World Fuel Services Corp.
Market Segment:
The major manufacturers covered in this report
• Aegean Marine Petroleum
• Bunker Holding
• Chemoil