Global LNG Bunkering Market 2019-2023; Led by Eagle LNG, Gasum, Royal Dutch Shell, The Linde Group, and Total - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 23, 2019--The “Global LNG Bunkering Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The LNG bunkering market will register a CAGR of almost 35% by 2023.
Increase in demand for cleaner fuels to drive growth in the market
The transportation sector includes the movement of goods and people through roadways, ships, and airways. This involves combustion of fuels to power the transportation vehicles, which ultimately results in the emission of air pollutants.
Maritime transport forms the backbone of world trade and globalization. Thousands of vessels connect demand and supply globally every day, which helps boost international and regional trade, helps create jobs, and spreads prosperity.
Growing marine logistics business
Maritime is the backbone of globalization and is crucial in cross-border transport networks, which support supply chains and enable international trade.
High capital requirements of using LNG as marine fuel
Fuel cost represents more 50% of the overall operational cost of a container ship. Hence, the use of LNG as marine fuel might result in high capital and operational costs, thus limiting the growth of the global LNG bunkering market during the forecast period.
Key PlayersEagle LNG Gasum Royal Dutch Shell The Linde Group Total
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY END-USERComparison by end-user Ferry and ro-ro - Market size and forecast 2018-2023 Tanker - Market size and forecast 2018-2023 Container - Market size and forecast 2018-2023 Others - Market size and forecast 2018-2023 Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDSIncrease in demand for cleaner fuels Technological advances in LNG bunkering Growth in LNG bunkering vessels
PART 11: VENDOR LANDSCAPE
PART 12: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors Eagle LNG Gasum Royal Dutch Shell The Linde Group Total
For more information about this report visit https://www.researchandmarkets.com/research/3dblxn/global_lng?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190123005601/en/
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Related Topics:Maritime,LNG (Liquefied Natural Gas)
INDUSTRY KEYWORD: ENERGY OIL/GAS TRANSPORT MARITIME
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/23/2019 11:32 AM/DISC: 01/23/2019 11:31 AM