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PUBLISHER: IMARC | PRODUCT CODE: 1702143
PUBLISHER: IMARC | PRODUCT CODE: 1702143
LNG Bunkering Market Report by Product Type (Ship-to-Ship, Truck-to-Ship, Port-to-Ship, Portable Tanks), Application (Cargo Fleet, Container Fleet, Tanker Fleet, Ferries, Inland Vessels, and Others), and Region 2025-2033
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The global LNG bunkering market size reached USD 3.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.7 Billion by 2033, exhibiting a growth rate (CAGR) of 6.40% during 2025-2033.
The LNG bunkering process involves providing LNG fuel to ships for their consumption, including loading and distributing the fuel among their tanks. LNG fuel bunkering requires the bunker ship that carries the fuel and transfers it to the cargo ship or passenger ship to follow the sulfur content regulations. As LNG fuel has a lower sulfur content and requires comparatively less processing to meet the sulfur levels, it is used as an eco-friendly alternative to conventional fuel in shipping. LNG immediately reduces sulfur and particulate matter emissions to negligible levels while reducing nitrogen oxide emissions significantly. As a marine fuel, LNG has a number of benefits, including less shipping emissions, lower operating and shipment costs, safety, and non-toxic properties.
LNG Bunkering Market Trends:
The market is majorly driven by the increasing adoption of LNG as a shipping fuel with an enhanced focus on sustainable development. This can be attributed to the stringent environmental regulations regarding sulfur content in marine fuel and pollution caused by ship transportation. In line with this, continual advancements in the distribution infrastructure of LNG are providing an impetus to the market. Moreover, a significant increase in gas exploration and production activities across the globe is creating a positive outlook for the market. The market is further driven by a considerable rise in the uptake of truck-to-ship LNG bunkering practices across the globe. Apart from this, the easy availability of LNG bunker fuel in most of the major maritime hubs is impacting the market positively. The launch of LNG-powered ships resulting in the rapid development of LNG manufacturing and storage facilities are also acting as a significant growth-inducing factor for the market. Some of the other factors contributing to the market include rapid urbanization and industrialization, the growing concerns over the depletion of fossil fuels and extensive research and development (R&D) activities conducted by key players.
Key Market Segmentation:
Breakup by Product Type:
- Ship-to-Ship
- Truck-to-Ship
- Port-to-Ship
- Portable Tanks
Breakup by Application:
- Cargo Fleet
- Container Fleet
- Tanker Fleet
- Ferries
- Inland Vessels
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Broadview Energy Solutions B.V., Crowley Maritime Corporation, Gasum Oy, Harvey Gulf International Marine LLC, Korea Gas Corporation, Petroliam Nasional Berhad (PETRONAS), Shell plc, SHV Energy NV (SHV Holdings), TotalEnergies SE and Trelleborg AB.
Key Questions Answered in This Report
- 1.What was the size of the global LNG bunkering market in 2024?
- 2.What is the expected growth rate of the global LNG bunkering market during 2025-2033?
- 3.What are the key factors driving the global LNG bunkering market?
- 4.What has been the impact of COVID-19 on the global LNG bunkering market?
- 5.What is the breakup of the global LNG bunkering market based on the product type?
- 6.What is the breakup of the global LNG bunkering market based on the application?
- 7.What are the key regions in the global LNG bunkering market?
- 8.Who are the key players/companies in the global LNG bunkering market?
Product Code: SR112025A6203
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global LNG Bunkering Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Ship-to-Ship
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Truck-to-Ship
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Port-to-Ship
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Portable Tanks
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Application
- 7.1 Cargo Fleet
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Container Fleet
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Tanker Fleet
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Ferries
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Inland Vessels
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Others
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Broadview Energy Solutions B.V.
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.2 Crowley Maritime Corporation
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.2.3 SWOT Analysis
- 13.3.3 Gasum Oy
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.4 Harvey Gulf International Marine LLC
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 Korea Gas Corporation
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.5.4 SWOT Analysis
- 13.3.6 Petroliam Nasional Berhad (PETRONAS)
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 SWOT Analysis
- 13.3.7 Shell plc
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.8 SHV Energy NV (SHV Holdings)
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 TotalEnergies SE
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.9.4 SWOT Analysis
- 13.3.10 Trelleborg AB
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.1 Broadview Energy Solutions B.V.
Product Code: SR112025A6203
List of Figures
- Figure 1: Global: LNG Bunkering Market: Major Drivers and Challenges
- Figure 2: Global: LNG Bunkering Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: LNG Bunkering Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 4: Global: LNG Bunkering Market: Breakup by Product Type (in %), 2024
- Figure 5: Global: LNG Bunkering Market: Breakup by Application (in %), 2024
- Figure 6: Global: LNG Bunkering Market: Breakup by Region (in %), 2024
- Figure 7: Global: LNG Bunkering (Ship-to-Ship) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 8: Global: LNG Bunkering (Ship-to-Ship) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 9: Global: LNG Bunkering (Truck-to-Ship) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 10: Global: LNG Bunkering (Truck-to-Ship) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 11: Global: LNG Bunkering (Port-to-Ship) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 12: Global: LNG Bunkering (Port-to-Ship) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 13: Global: LNG Bunkering (Portable Tanks) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 14: Global: LNG Bunkering (Portable Tanks) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 15: Global: LNG Bunkering (Cargo Fleet) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 16: Global: LNG Bunkering (Cargo Fleet) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 17: Global: LNG Bunkering (Container Fleet) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 18: Global: LNG Bunkering (Container Fleet) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 19: Global: LNG Bunkering (Tanker Fleet) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 20: Global: LNG Bunkering (Tanker Fleet) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 21: Global: LNG Bunkering (Ferries) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 22: Global: LNG Bunkering (Ferries) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 23: Global: LNG Bunkering (Inland Vessels) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 24: Global: LNG Bunkering (Inland Vessels) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 25: Global: LNG Bunkering (Other Applications) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 26: Global: LNG Bunkering (Other Applications) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 27: North America: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 28: North America: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 29: United States: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 30: United States: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 31: Canada: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 32: Canada: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 33: Asia-Pacific: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 34: Asia-Pacific: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 35: China: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 36: China: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 37: Japan: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 38: Japan: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 39: India: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 40: India: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 41: South Korea: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 42: South Korea: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 43: Australia: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 44: Australia: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 45: Indonesia: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 46: Indonesia: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 47: Others: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 48: Others: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 49: Europe: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 50: Europe: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 51: Germany: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 52: Germany: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 53: France: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 54: France: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 55: United Kingdom: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 56: United Kingdom: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 57: Italy: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 58: Italy: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 59: Spain: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 60: Spain: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 61: Russia: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 62: Russia: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 63: Others: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 64: Others: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 65: Latin America: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 66: Latin America: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 67: Brazil: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 68: Brazil: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 69: Mexico: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 70: Mexico: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 71: Others: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 72: Others: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 73: Middle East and Africa: LNG Bunkering Market: Sales Value (in Million USD), 2019 & 2024
- Figure 74: Middle East and Africa: LNG Bunkering Market: Breakup by Country (in %), 2024
- Figure 75: Middle East and Africa: LNG Bunkering Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 76: Global: LNG Bunkering Industry: SWOT Analysis
- Figure 77: Global: LNG Bunkering Industry: Value Chain Analysis
- Figure 78: Global: LNG Bunkering Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: LNG Bunkering Market: Key Industry Highlights, 2024 and 2033
- Table 2: Global: LNG Bunkering Market Forecast: Breakup by Product Type (in Million USD), 2025-2033
- Table 3: Global: LNG Bunkering Market Forecast: Breakup by Application (in Million USD), 2025-2033
- Table 4: Global: LNG Bunkering Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 5: Global: LNG Bunkering Market: Competitive Structure
- Table 6: Global: LNG Bunkering Market: Key Players
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