Total: £ 56.28
Published Date: 2025-06-17 | Pages: 163 | Tables: 175 | Chemical & Material
In 2024, the global market size of Bunker Fuel was estimated to be worth US$ 171130 million and is forecast to reach approximately US$ 271240 million by 2031 with a CAGR of 6.9% during the forecast period 2025-2031.
Bunker fuel is technically any type of fuel oil used aboard vessels. This kind of material can be broken down into different categories based on its chemical composition, intended purpose, and boiling temperature. In comparison with other petroleum products, bunker fuel is extremely crude and highly polluting.
Asia-Pacific is the largest market with about 38% market share. Europe is follower, accounting for about 32% market share.
The key players are World Fuel Services, Bunker Holding, Chemoil, Aegean Marine Petroleum, China Marine Bunker, Bright Oil, BP, Exxon Mobil, Shell, Sinopec, Lukoil-Bunker, Total Marine Fuel, Gazpromneft, China Changjiang Bunker, Southern Pec, GAC, Shanghai Lonyer Fuels etc. World Fuel Services is the largest manufacturer with about 9% market share.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Bunker Fuel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bunker Fuel.
The Bunker Fuel market size, estimations, and forecasts are provided in terms of sales volume (M MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Bunker Fuel market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Bunker Fuel manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and regions.
By Company
World Fuel Services
Bunker Holding
Chemoil
Aegean Marine Petroleum
China Marine Bunker
Bright Oil
BP
Exxon Mobil
Shell
Sinopec
Lukoil-Bunker
Total Marine Fuel
Gazpromneft
China Changjiang Bunker
Southern Pec
GAC
Shanghai Lonyer Fuels
China Shipping & Sinopec Suppliers Co., Ltd.
Segment by Type
Distillate Fuel Oil
Residual Fuel Oil
LNG
Segment by Application
Tanker Vessels
Container Vessels
Bulk Vessels
General Cargo Vessels
Other
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Sales (consumption), revenue of Bunker Fuel in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 3: Detailed analysis of Bunker Fuel manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Bunker Fuel sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 14: Research Findings and Conclusion.
Research Methodology
The research methodology employed has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of our company. Our methodology can be divided into five stages:
★Stage 1 SECONDARY RESEARCH
The research team first collaborates with magazines, trade associations and administrative departments in the research field. The information provided by our internal documentation service is helpful for our further research. Our team has a wealth of experience and knowledge, and can effectively extract accurate information from existing resources.
★Stage 2 PRIMARY RESEARCH:INTERVIEWS WITH TRADE SOURCES
After the first stage, the research team conducts a large number of face-to-face or telephone interviews with representative companies working in the research field. Analysts are trying to have an opportunity to talk to leading companies and small companies in the field. Upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers were included in the interview. The data collected during the interview were then carefully examined and compared with the secondary study.
★Stage 3 ANALYSIS OF THE GATHERED DATA
The analysis team examines and synthesizes the data collected in the first two stages. In order to validate the data, a second round of interviews can be conducted.
★Stage 4 QUANTITATIVE DATA
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by our company. The data is based on the estimates obtained during stage 3.
★Stage 5 QUALITY CONTROL
Before publishing, each report undergoes a rigorous review and editing process, which is done by the experience management team to ensure the reliability of the published data. Every analyst on the research team receives support and continuous training as part of our internal quality process.
1 Study Coverage
1.1 Bunker Fuel Product Introduction
1.2 Market by Type
1.2.1 Global Bunker Fuel Market Size Growth Rate by Type (2020 VS 2024 VS 2031)
1.2.2 Distillate Fuel Oil
1.2.3 Residual Fuel Oil
1.2.4 LNG
1.3 Market by Application
1.3.1 Global Bunker Fuel Market Size Growth Rate by Application (2020 VS 2024 VS 2031)
1.3.2 Tanker Vessels
1.3.3 Container Vessels
1.3.4 Bulk Vessels
1.3.5 General Cargo Vessels
1.3.6 Other
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Bunker Fuel Market Size Estimates and Forecasts
2.1.1 Global Bunker Fuel Revenue 2020-2031
2.1.2 Global Bunker Fuel Sales 2020-2031
2.2 Bunker Fuel Market Size by Region: 2024 Versus 2031
2.3 Bunker Fuel Sales by Region (2020-2031)
2.3.1 Global Bunker Fuel Sales by Region: 2020-2025
2.3.2 Global Bunker Fuel Sales Forecast by Region (2026-2031)
2.3.3 Global Bunker Fuel Sales Market Share by Region (2020-2031)
2.4 Bunker Fuel Market Estimates and Projections by Region (2026-2031)
2.4.1 Global Bunker Fuel Revenue by Region: 2020-2025
2.4.2 Global Bunker Fuel Revenue Forecast by Region (2026-2031)
2.4.3 Global Bunker Fuel Revenue Market Share by Region (2020-2031)
3 Market Segments
3.1 Breakdown Data by Type
3.1.1 Global Bunker Fuel Sales by Type (2020-2031)
3.1.1.1 Global Bunker Fuel Sales Volume by Type (2020-2031)
3.1.1.2 Global Bunker Fuel Sales Market Share by Type (2020-2031)
3.1.2 Global Bunker Fuel Revenue by Type (2020-2031)
3.1.2.1 Global Bunker Fuel Revenue by Type (2020-2031)
3.1.2.2 Global Bunker Fuel Revenue Market Share by Type (2020-2031)
3.1.3 Bunker Fuel Average Selling Price (ASP) by Type (2020-2031)
3.2 Breakdown Data by Application
3.2.1 Global Bunker Fuel Sales by Application (2020-2031)
3.2.1.1 Global Bunker Fuel Sales Volume by Application (2020-2031)
3.2.1.2 Global Bunker Fuel Sales Market Share by Application (2020-2031)
3.2.2 Global Bunker Fuel Revenue by Application (2020-2031)
3.2.2.1 Global Bunker Fuel Revenue by Application (2020-2031)
3.2.2.2 Global Bunker Fuel Revenue Market Share by Application (2020-2031)
3.2.3 Bunker Fuel Average Selling Price (ASP) by Application (2020-2031)
3.3 by Type and by Application Crossing Analysis
3.3.1 Distillate Fuel Oil of Bunker Fuel Revenue Market Share by Application
3.3.2 Residual Fuel Oil of Bunker Fuel Revenue Market Share by Application
3.3.3 LNG of Bunker Fuel Revenue Market Share by Application
4 Global Bunker Fuel by Manufacturers
4.1 Global Top Bunker Fuel Manufacturers by Sales (2020-2025)
4.1.1 Global Bunker Fuel Sales by Manufacturer (2020-2025)
4.1.2 Global Bunker Fuel Sales Market Share by Manufacturer (2020-2025)
4.2 Global Top Bunker Fuel Manufacturers by Revenue (2020-2025)
4.2.1 Global Bunker Fuel Revenue by Manufacturer (2020-2025)
4.2.2 Global Bunker Fuel Revenue Share by Manufacturer (2020-2025)
4.3 Global Bunker Fuel Price by Manufacturer (2020-2025)
4.4 Competitive Landscape
4.4.1 Key Bunker Fuel Manufacturers Covered: Ranking by Revenue
4.4.2 Global Bunker Fuel Market Concentration Ratio (CR5 and HHI) & (2020-2025)
4.4.3 Global Bunker Fuel Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.5 Global Bunker Fuel Manufacturing Base Distribution, Product Type
4.5.1 Bunker Fuel Manufacturers Manufacturing Base Distribution, Headquarters
4.5.2 Date of International Manufacturers Enter into Bunker Fuel Market
4.5.3 Manufacturers Bunker Fuel Product Type and Application
4.5.4 Distillate Fuel Oil Market Sales of Bunker Fuel by Manufacturer
4.5.5 Residual Fuel Oil Market Sales of Bunker Fuel by Manufacturer
4.5.6 LNG Market Sales of Bunker Fuel by Manufacturer
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
5 Company Profiles
5.1 World Fuel Services
5.1.1 World Fuel Services Company Information
5.1.2 World Fuel Services Description, Business Overview
5.1.3 World Fuel Services Bunker Fuel Products Offered
5.1.4 World Fuel Services Bunker Fuel Sales, Revenue and Gross Margin (2020-2025)
5.1.5 World Fuel Services Bunker Fuel Sales by Product in 2024
5.1.6 World Fuel Services Bunker Fuel Sales by Application in 2024
5.1.7 World Fuel Services Bunker Fuel Sales by Geographic Area in 2024
5.1.8 World Fuel Services Recent Developments
5.2 Bunker Holding
5.2.1 Bunker Holding Company Information
5.2.2 Bunker Holding Description, Business Overview
5.2.3 Bunker Holding Bunker Fuel Products Offered
5.2.4 Bunker Holding Bunker Fuel Sales, Revenue and Gross Margin (2020-2025)
5.2.5 Bunker Holding Bunker Fuel Sales by Product in 2024
5.2.6 Bunker Holding Bunker Fuel Sales by Application in 2024
5.2.7 Bunker Holding Bunker Fuel Sales by Geographic Area in 2024
5.2.8 Bunker Holding Recent Developments
5.3 Chemoil
5.3.1 Chemoil Company Information
5.3.2 Chemoil Description, Business Overview
5.3.3 Chemoil Bunker Fuel Products Offered
5.3.4 Chemoil Bunker Fuel Sales, Revenue and Gross Margin (2020-2025)
5.3.5 Chemoil Bunker Fuel Sales by Product in 2024
5.3.6 Chemoil Bunker Fuel Sales by Application in 2024
5.3.7 Chemoil Bunker Fuel Sales by Geographic Area in 2024
5.3.8 Chemoil Recent Developments
5.4 Aegean Marine Petroleum
5.4.1 Aegean Marine Petroleum Company Information
5.4.2 Aegean Marine Petroleum Description, Business Overview
5.4.3 Aegean Marine Petroleum Bunker Fuel Products Offered
5.4.4 Aegean Marine Petroleum Bunker Fuel Sales, Revenue and Gross Margin (2020-2025)
5.4.5 Aegean Marine Petroleum Bunker Fuel Sales by Product in 2024
5.4.6 Aegean Marine Petroleum Bunker Fuel Sales by Application in 2024
5.4.7 Aegean Marine Petroleum Bunker Fuel Sales by Geographic Area in 2024
5.4.8 Aegean Marine Petroleum Recent Developments
5.5 China Marine Bunker
5.5.1 China Marine Bunker Company Information
5.5.2 China Marine Bunker Description, Business Overview
5.5.3 China Marine Bunker Bunker Fuel Products Offered
5.5.4 China Marine Bunker Bunker Fuel Sales, Revenue and Gross Margin (2020-2025)
5.5.5 China Marine Bunker Bunker Fuel Sales by Product in 2024
5.5.6 China Marine Bunker Bunker Fuel Sales by Application in 2024
5.5.7 China Marine Bunker Bunker Fuel Sales by Geographic Area in 2024
5.5.8 China Marine Bunker Recent Developments
5.6 Bright Oil
5.6.1 Bright Oil Company Information
5.6.2 Bright Oil Description, Business Overview
5.6.3 Bright Oil Bunker Fuel Products Offered
5.6.4 Bright Oil Bunker Fuel Sales, Revenue and Gross Margin (2020-2025)
5.6.5 Bright Oil Bunker Fuel Sales by Product in 2024
5.6.6 Bright Oil Bunker Fuel Sales by Application in 2024
5.6.7 Bright Oil Bunker Fuel Sales by Geographic Area in 2024
5.6.8 Bright Oil Recent Developments
5.7 BP
5.7.1 BP Company Information
5.7.2 BP Description, Business Overview
5.7.3 BP Bunker Fuel Products Offered
5.7.4 BP Bunker Fuel Sales, Revenue and Gross Margin (2020-2025)
5.7.5 BP Bunker Fuel Sales by Product in 2024
5.7.6 BP Bunker Fuel Sales by Application in 2024
5.7.7 BP Bunker Fuel Sales by Geographic Area in 2024
5.7.8 BP Recent Developments
5.8 Exxon Mobil
5.8.1 Exxon Mobil Company Information
5.8.2 Exxon Mobil Description, Business Overview
5.8.3 Exxon Mobil Bunker Fuel Products Offered
5.8.4 Exxon Mobil Bunker Fuel Sales, Revenue and Gross Margin (2020-2025)
5.8.5 Exxon Mobil Bunker Fuel Sales by Product in 2024
5.8.6 Exxon Mobil Bunker Fuel Sales by Application in 2024
5.8.7 Exxon Mobil Bunker Fuel Sales by Geographic Area in 2024
5.8.8 Exxon Mobil Recent Developments
5.9 Shell
5.9.1 Shell Company Information
5.9.2 Shell Description, Business Overview
5.9.3 Shell Bunker Fuel Products Offered
5.9.4 Shell Bunker Fuel Sales, Revenue and Gross Margin (2020-2025)
5.9.5 Shell Bunker Fuel Sales by Product in 2024
5.9.6 Shell Bunker Fuel Sales by Application in 2024
5.9.7 Shell Bunker Fuel Sales by Geographic Area in 2024
5.9.8 Shell Recent Developments
5.10 Sinopec
5.10.1 Sinopec Company Information
5.10.2 Sinopec Description, Business Overview
5.10.3 Sinopec Bunker Fuel Products Offered
5.10.4 Sinopec Bunker Fuel Sales, Revenue and Gross Margin (2020-2025)
5.10.5 Sinopec Bunker Fuel Sales by Product in 2024
5.10.6 Sinopec Bunker Fuel Sales by Application in 2024
5.10.7 Sinopec Bunker Fuel Sales by Geographic Area in 2024
5.10.8 Sinopec Recent Developments
5.11 Lukoil-Bunker
5.11.1 Lukoil-Bunker Company Information
5.11.2 Lukoil-Bunker Description, Business Overview
5.11.3 Lukoil-Bunker Bunker Fuel Products Offered
5.11.4 Lukoil-Bunker Bunker Fuel Sales, Revenue and Gross Margin (2020-2025)
5.11.5 Lukoil-Bunker Bunker Fuel Sales by Product in 2024
5.11.6 Lukoil-Bunker Bunker Fuel Sales by Application in 2024
5.11.7 Lukoil-Bunker Bunker Fuel Sales by Geographic Area in 2024
5.11.8 Lukoil-Bunker Recent Developments
5.12 Total Marine Fuel
5.12.1 Total Marine Fuel Company Information
5.12.2 Total Marine Fuel Description, Business Overview
5.12.3 Total Marine Fuel Bunker Fuel Products Offered
5.12.4 Total Marine Fuel Bunker Fuel Sales, Revenue and Gross Margin (2020-2025)
5.12.5 Total Marine Fuel Bunker Fuel Sales by Product in 2024
5.12.6 Total Marine Fuel Bunker Fuel Sales by Application in 2024
5.12.7 Total Marine Fuel Bunker Fuel Sales by Geographic Area in 2024
5.12.8 Total Marine Fuel Recent Developments
5.13 Gazpromneft
5.13.1 Gazpromneft Company Information
5.13.2 Gazpromneft Description, Business Overview
5.13.3 Gazpromneft Bunker Fuel Products Offered
5.13.4 Gazpromneft Bunker Fuel Sales, Revenue and Gross Margin (2020-2025)
5.13.5 Gazpromneft Bunker Fuel Sales by Product in 2024
5.13.6 Gazpromneft Bunker Fuel Sales by Application in 2024
5.13.7 Gazpromneft Bunker Fuel Sales by Geographic Area in 2024
5.13.8 Gazpromneft Recent Developments
5.14 China Changjiang Bunker
5.14.1 China Changjiang Bunker Company Information
5.14.2 China Changjiang Bunker Description, Business Overview
5.14.3 China Changjiang Bunker Bunker Fuel Products Offered
5.14.4 China Changjiang Bunker Bunker Fuel Sales, Revenue and Gross Margin (2020-2025)
5.14.5 China Changjiang Bunker Bunker Fuel Sales by Product in 2024
5.14.6 China Changjiang Bunker Bunker Fuel Sales by Application in 2024
5.14.7 China Changjiang Bunker Bunker Fuel Sales by Geographic Area in 2024
5.14.8 China Changjiang Bunker Recent Developments
5.15 Southern Pec
5.15.1 Southern Pec Company Information
5.15.2 Southern Pec Description, Business Overview
5.15.3 Southern Pec Bunker Fuel Products Offered
5.15.4 Southern Pec Bunker Fuel Sales, Revenue and Gross Margin (2020-2025)
5.15.5 Southern Pec Bunker Fuel Sales by Product in 2024
5.15.6 Southern Pec Bunker Fuel Sales by Application in 2024
5.15.7 Southern Pec Bunker Fuel Sales by Geographic Area in 2024
5.15.8 Southern Pec Recent Developments
5.16 GAC
5.16.1 GAC Company Information
5.16.2 GAC Description, Business Overview
5.16.3 GAC Bunker Fuel Products Offered
5.16.4 GAC Bunker Fuel Sales, Revenue and Gross Margin (2020-2025)
5.16.5 GAC Bunker Fuel Sales by Product in 2024
5.16.6 GAC Bunker Fuel Sales by Application in 2024
5.16.7 GAC Bunker Fuel Sales by Geographic Area in 2024
5.16.8 GAC Recent Developments
5.17 Shanghai Lonyer Fuels
5.17.1 Shanghai Lonyer Fuels Company Information
5.17.2 Shanghai Lonyer Fuels Description, Business Overview
5.17.3 Shanghai Lonyer Fuels Bunker Fuel Products Offered
5.17.4 Shanghai Lonyer Fuels Bunker Fuel Sales, Revenue and Gross Margin (2020-2025)
5.17.5 Shanghai Lonyer Fuels Bunker Fuel Sales by Product in 2024
5.17.6 Shanghai Lonyer Fuels Bunker Fuel Sales by Application in 2024
5.17.7 Shanghai Lonyer Fuels Bunker Fuel Sales by Geographic Area in 2024
5.17.8 Shanghai Lonyer Fuels Recent Developments
5.18 China Shipping & Sinopec Suppliers Co., Ltd.
5.18.1 China Shipping & Sinopec Suppliers Co., Ltd. Company Information
5.18.2 China Shipping & Sinopec Suppliers Co., Ltd. Description, Business Overview
5.18.3 China Shipping & Sinopec Suppliers Co., Ltd. Bunker Fuel Products Offered
5.18.4 China Shipping & Sinopec Suppliers Co., Ltd. Bunker Fuel Sales, Revenue and Gross Margin (2020-2025)
5.18.5 China Shipping & Sinopec Suppliers Co., Ltd. Bunker Fuel Sales by Product in 2024
5.18.6 China Shipping & Sinopec Suppliers Co., Ltd. Bunker Fuel Sales by Application in 2024
5.18.7 China Shipping & Sinopec Suppliers Co., Ltd. Bunker Fuel Sales by Geographic Area in 2024
5.18.8 China Shipping & Sinopec Suppliers Co., Ltd. Recent Developments
6 North America
6.1 North America Bunker Fuel Market Size YoY Growth 2020-2031
6.2 North America Bunker Fuel Market Facts & Figures by Country
6.2.1 North America Bunker Fuel Sales by Country (2020-2031)
6.2.2 North America Bunker Fuel Revenue by Country (2020-2031)
6.3 North America Bunker Fuel Sales by Type (2020-2025)
6.4 North America Bunker Fuel Sales by Application (2020-2025)
7 Asia-Pacific
7.1 Asia-Pacific Bunker Fuel Market Size YoY Growth 2020-2031
7.2 Asia-Pacific Bunker Fuel Market Facts & Figures by Region
7.2.1 Asia-Pacific Bunker Fuel Sales by Region (2020-2031)
7.2.2 Asia-Pacific Bunker Fuel Revenue by Region (2020-2031)
7.3 Asia-Pacific Bunker Fuel Sales by Type (2020-2025)
7.4 Asia-Pacific Bunker Fuel Sales by Application (2020-2025)
8 Europe
8.1 Europe Bunker Fuel Market Size YoY Growth 2020-2031
8.2 Europe Bunker Fuel Market Facts & Figures by Country
8.2.1 Europe Bunker Fuel Sales by Country (2020-2031)
8.2.2 Europe Bunker Fuel Revenue by Country (2020-2031)
8.3 Europe Bunker Fuel Sales by Type (2020-2025)
8.4 Europe Bunker Fuel Sales by Application (2020-2025)
9 Latin America
9.1 Latin America Bunker Fuel Market Size YoY Growth 2020-2031
9.2 Latin America Bunker Fuel Market Facts & Figures by Country
9.2.1 Latin America Bunker Fuel Sales by Country (2020-2031)
9.2.2 Latin America Bunker Fuel Revenue by Country (2020-2031)
9.3 Latin America Bunker Fuel Sales by Type (2020-2025)
9.4 Latin America Bunker Fuel Sales by Application (2020-2025)
10 Middle East and Africa
10.1 Latin America Bunker Fuel Market Size YoY Growth 2020-2031
10.2 Middle East and Africa Bunker Fuel Market Facts & Figures by Country
10.2.1 Middle East and Africa Bunker Fuel Sales by Country (2020-2031)
10.2.2 Middle East and Africa Bunker Fuel Revenue by Country (2020-2031)
10.3 Middle East and Africa Bunker Fuel Sales by Type (2020-2025)
10.4 Middle East and Africa Bunker Fuel Sales by Application (2020-2025)
11 Supply Chain and Sales Channel analysis
11.1 Bunker Fuel Supply Chain Analysis
11.2 Bunker Fuel Key Raw Materials and Upstream Suppliers
11.3 Bunker Fuel Clients Analysis
11.4 Bunker Fuel Sales Channel and Sales Model Analysis
11.4.1 Bunker Fuel Distribution Channel Analysis: Indirect Sales VS Direct Sales
11.4.2 Bunker Fuel Distribution Channel Analysis: Online Sales VS Offline Sales
11.4.3 Bunker Fuel Distributors
12 Bunker Fuel Market Dynamics
12.1 Bunker Fuel Industry Trends
12.2 Bunker Fuel Market Drivers
12.3 Bunker Fuel Market Challenges
12.4 Bunker Fuel Market Restraints
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
List of Tables
Table 1. Global Bunker Fuel Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
Table 2. Global Bunker Fuel Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
Table 3. Global Bunker Fuel Market Size by Region (US$ Million): 2024 VS 2031
Table 4. Global Bunker Fuel Sales by Region (2020-2025) & (M MT)
Table 5. Global Bunker Fuel Sales Forecast by Region (2026-2031) & (M MT)
Table 6. Global Bunker Fuel Revenue by Region (2020-2025) & (US$ Million)
Table 7. Global Bunker Fuel Revenue Forecast by Region (2026-2031) & (US$ Million)
Table 8. Global Bunker Fuel Sales Volume by Type (2020-2025) & (M MT)
Table 9. Global Bunker Fuel Sales Volume by Type (2026-2031) & (M MT)
Table 10. Global Bunker Fuel Revenue by Type (2020-2025) & (US$ Million)
Table 11. Global Bunker Fuel Revenue Forecast by Type (2026-2031) & (US$ Million)
Table 12. Global Bunker Fuel Sales Volume by Application (2020-2025) & (M MT)
Table 13. Global Bunker Fuel Sales Volume by Application (2026-2031) & (M MT)
Table 14. Global Bunker Fuel Revenue by Application (2020-2025) & (US$ Million)
Table 15. Global Bunker Fuel Revenue by Application (2026-2031) & (US$ Million)
Table 16. Global Bunker Fuel Sales by Manufacturer (2020-2025) & (M MT)
Table 17. Global Bunker Fuel Sales Share by Manufacturer (2020-2025)
Table 18. Bunker Fuel Revenue by Manufacturer (2020-2025) & (US$ Million)
Table 19. Bunker Fuel Revenue Share by Manufacturer (2020-2025)
Table 20. Key Manufacturers Bunker Fuel Price (2020-2025) & (USD/MT)
Table 21. Ranking of Global Top Bunker Fuel Manufacturers by Revenue (US$ Million) in 2024
Table 22. Global Bunker Fuel Manufacturers Market Concentration Ratio (CR5 and HHI) & (2020-2025)
Table 23. Global Bunker Fuel by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Bunker Fuel as of 2024)
Table 24. Bunker Fuel Manufacturers Manufacturing Base Distribution and Headquarters
Table 25. Date of International Manufacturers Enter into Bunker Fuel Market
Table 26. Manufacturers Bunker Fuel Product Type and Application
Table 27. Manufacturers Mergers & Acquisitions, Expansion Plans
Table 28. World Fuel Services Company Information
Table 29. World Fuel Services Description and Business Overview
Table 30. World Fuel Services Bunker Fuel Product
Table 31. World Fuel Services Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 32. World Fuel Services Sales Proportion of Bunker Fuel by Product in 2024
Table 33. World Fuel Services Sales Proportion of Bunker Fuel by Application in 2024
Table 34. World Fuel Services Sales Proportion of Bunker Fuel by Geographic Area in 2024
Table 35. World Fuel Services Recent Developments
Table 36. Bunker Holding Company Information
Table 37. Bunker Holding Description and Business Overview
Table 38. Bunker Holding Bunker Fuel Product
Table 39. Bunker Holding Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 40. Bunker Holding Sales Proportion of Bunker Fuel by Product in 2024
Table 41. Bunker Holding Sales Proportion of Bunker Fuel by Application in 2024
Table 42. Bunker Holding Sales Proportion of Bunker Fuel by Geographic Area in 2024
Table 43. Bunker Holding Recent Developments
Table 44. Chemoil Company Information
Table 45. Chemoil Description and Business Overview
Table 46. Chemoil Bunker Fuel Product
Table 47. Chemoil Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 48. Chemoil Sales Proportion of Bunker Fuel by Product in 2024
Table 49. Chemoil Sales Proportion of Bunker Fuel by Application in 2024
Table 50. Chemoil Sales Proportion of Bunker Fuel by Geographic Area in 2024
Table 51. Chemoil Recent Developments
Table 52. Aegean Marine Petroleum Company Information
Table 53. Aegean Marine Petroleum Description and Business Overview
Table 54. Aegean Marine Petroleum Bunker Fuel Product
Table 55. Aegean Marine Petroleum Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 56. Aegean Marine Petroleum Sales Proportion of Bunker Fuel by Product in 2024
Table 57. Aegean Marine Petroleum Sales Proportion of Bunker Fuel by Application in 2024
Table 58. Aegean Marine Petroleum Sales Proportion of Bunker Fuel by Geographic Area in 2024
Table 59. Aegean Marine Petroleum Recent Developments
Table 60. China Marine Bunker Company Information
Table 61. China Marine Bunker Description and Business Overview
Table 62. China Marine Bunker Bunker Fuel Product
Table 63. China Marine Bunker Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 64. China Marine Bunker Sales Proportion of Bunker Fuel by Product in 2024
Table 65. China Marine Bunker Sales Proportion of Bunker Fuel by Application in 2024
Table 66. China Marine Bunker Sales Proportion of Bunker Fuel by Geographic Area in 2024
Table 67. China Marine Bunker Recent Developments
Table 68. Bright Oil Company Information
Table 69. Bright Oil Description and Business Overview
Table 70. Bright Oil Bunker Fuel Product
Table 71. Bright Oil Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 72. Bright Oil Sales Proportion of Bunker Fuel by Product in 2024
Table 73. Bright Oil Sales Proportion of Bunker Fuel by Application in 2024
Table 74. Bright Oil Sales Proportion of Bunker Fuel by Geographic Area in 2024
Table 75. Bright Oil Recent Developments
Table 76. BP Company Information
Table 77. BP Description and Business Overview
Table 78. BP Bunker Fuel Product
Table 79. BP Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 80. BP Sales Proportion of Bunker Fuel by Product in 2024
Table 81. BP Sales Proportion of Bunker Fuel by Application in 2024
Table 82. BP Sales Proportion of Bunker Fuel by Geographic Area in 2024
Table 83. BP Recent Developments
Table 84. Exxon Mobil Company Information
Table 85. Exxon Mobil Description and Business Overview
Table 86. Exxon Mobil Bunker Fuel Product
Table 87. Exxon Mobil Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 88. Exxon Mobil Sales Proportion of Bunker Fuel by Product in 2024
Table 89. Exxon Mobil Sales Proportion of Bunker Fuel by Application in 2024
Table 90. Exxon Mobil Sales Proportion of Bunker Fuel by Geographic Area in 2024
Table 91. Exxon Mobil Recent Developments
Table 92. Shell Company Information
Table 93. Shell Description and Business Overview
Table 94. Shell Bunker Fuel Product
Table 95. Shell Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 96. Shell Sales Proportion of Bunker Fuel by Product in 2024
Table 97. Shell Sales Proportion of Bunker Fuel by Application in 2024
Table 98. Shell Sales Proportion of Bunker Fuel by Geographic Area in 2024
Table 99. Shell Recent Developments
Table 100. Sinopec Company Information
Table 101. Sinopec Description and Business Overview
Table 102. Sinopec Bunker Fuel Product
Table 103. Sinopec Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 104. Sinopec Sales Proportion of Bunker Fuel by Product in 2024
Table 105. Sinopec Sales Proportion of Bunker Fuel by Application in 2024
Table 106. Sinopec Sales Proportion of Bunker Fuel by Geographic Area in 2024
Table 107. Sinopec Recent Developments
Table 108. Lukoil-Bunker Company Information
Table 109. Lukoil-Bunker Description and Business Overview
Table 110. Lukoil-Bunker Bunker Fuel Product
Table 111. Lukoil-Bunker Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 112. Lukoil-Bunker Sales Proportion of Bunker Fuel by Product in 2024
Table 113. Lukoil-Bunker Sales Proportion of Bunker Fuel by Application in 2024
Table 114. Lukoil-Bunker Sales Proportion of Bunker Fuel by Geographic Area in 2024
Table 115. Lukoil-Bunker Recent Developments
Table 116. Total Marine Fuel Company Information
Table 117. Total Marine Fuel Description and Business Overview
Table 118. Total Marine Fuel Bunker Fuel Product
Table 119. Total Marine Fuel Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 120. Total Marine Fuel Sales Proportion of Bunker Fuel by Product in 2024
Table 121. Total Marine Fuel Sales Proportion of Bunker Fuel by Application in 2024
Table 122. Total Marine Fuel Sales Proportion of Bunker Fuel by Geographic Area in 2024
Table 123. Total Marine Fuel Recent Developments
Table 124. Gazpromneft Company Information
Table 125. Gazpromneft Description and Business Overview
Table 126. Gazpromneft Bunker Fuel Product
Table 127. Gazpromneft Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 128. Gazpromneft Sales Proportion of Bunker Fuel by Product in 2024
Table 129. Gazpromneft Sales Proportion of Bunker Fuel by Application in 2024
Table 130. Gazpromneft Sales Proportion of Bunker Fuel by Geographic Area in 2024
Table 131. Gazpromneft Recent Developments
Table 132. China Changjiang Bunker Company Information
Table 133. China Changjiang Bunker Description and Business Overview
Table 134. China Changjiang Bunker Bunker Fuel Product
Table 135. China Changjiang Bunker Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 136. China Changjiang Bunker Sales Proportion of Bunker Fuel by Product in 2024
Table 137. China Changjiang Bunker Sales Proportion of Bunker Fuel by Application in 2024
Table 138. China Changjiang Bunker Sales Proportion of Bunker Fuel by Geographic Area in 2024
Table 139. China Changjiang Bunker Recent Developments
Table 140. Southern Pec Company Information
Table 141. Southern Pec Description and Business Overview
Table 142. Southern Pec Bunker Fuel Product
Table 143. Southern Pec Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 144. Southern Pec Sales Proportion of Bunker Fuel by Product in 2024
Table 145. Southern Pec Sales Proportion of Bunker Fuel by Application in 2024
Table 146. Southern Pec Sales Proportion of Bunker Fuel by Geographic Area in 2024
Table 147. Southern Pec Recent Developments
Table 148. GAC Company Information
Table 149. GAC Description and Business Overview
Table 150. GAC Bunker Fuel Product
Table 151. GAC Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 152. GAC Sales Proportion of Bunker Fuel by Product in 2024
Table 153. GAC Sales Proportion of Bunker Fuel by Application in 2024
Table 154. GAC Sales Proportion of Bunker Fuel by Geographic Area in 2024
Table 155. GAC Recent Developments
Table 156. Shanghai Lonyer Fuels Company Information
Table 157. Shanghai Lonyer Fuels Description and Business Overview
Table 158. Shanghai Lonyer Fuels Bunker Fuel Product
Table 159. Shanghai Lonyer Fuels Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 160. Shanghai Lonyer Fuels Sales Proportion of Bunker Fuel by Product in 2024
Table 161. Shanghai Lonyer Fuels Sales Proportion of Bunker Fuel by Application in 2024
Table 162. Shanghai Lonyer Fuels Sales Proportion of Bunker Fuel by Geographic Area in 2024
Table 163. Shanghai Lonyer Fuels Recent Developments
Table 164. China Shipping & Sinopec Suppliers Co., Ltd. Company Information
Table 165. China Shipping & Sinopec Suppliers Co., Ltd. Description and Business Overview
Table 166. China Shipping & Sinopec Suppliers Co., Ltd. Bunker Fuel Product
Table 167. China Shipping & Sinopec Suppliers Co., Ltd. Bunker Fuel Sales (M MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 168. China Shipping & Sinopec Suppliers Co., Ltd. Sales Proportion of Bunker Fuel by Product in 2024
Table 169. China Shipping & Sinopec Suppliers Co., Ltd. Sales Proportion of Bunker Fuel by Application in 2024
Table 170. China Shipping & Sinopec Suppliers Co., Ltd. Sales Proportion of Bunker Fuel by Geographic Area in 2024
Table 171. China Shipping & Sinopec Suppliers Co., Ltd. Recent Developments
Table 172. North America Bunker Fuel Sales by Country (2020-2025) & (M MT)
Table 173. North America Bunker Fuel Sales by Country (2026-2031) & (M MT)
Table 174. North America Bunker Fuel Revenue by Country (2020-2025) & (US$ Million)
Table 175. North America Bunker Fuel Revenue by Country (2026-2031) & (US$ Million)
Table 176. North America Bunker Fuel Sales by Type (2020-2025) & (M MT)
Table 177. North America Bunker Fuel Sales by Application (2020-2025) & (M MT)
Table 178. Asia-Pacific Bunker Fuel Sales by Region (2020-2025) & (M MT)
Table 179. Asia-Pacific Bunker Fuel Sales by Region (2026-2031) & (M MT)
Table 180. Asia-Pacific Bunker Fuel Revenue by Region (2020-2025) & (US$ Million)
Table 181. Asia-Pacific Bunker Fuel Revenue by Region (2026-2031) & (US$ Million)
Table 182. Asia-Pacific Bunker Fuel Sales by Type (2020-2025) & (M MT)
Table 183. Asia-Pacific Bunker Fuel Sales by Application (2020-2025) & (M MT)
Table 184. Europe Bunker Fuel Sales by Country (2020-2025) & (M MT)
Table 185. Europe Bunker Fuel Sales by Country (2026-2031) & (M MT)
Table 186. Europe Bunker Fuel Revenue by Country (2020-2025) & (US$ Million)
Table 187. Europe Bunker Fuel Revenue by Country (2026-2031) & (US$ Million)
Table 188. Europe Bunker Fuel Sales by Type (2020-2025) & (M MT)
Table 189. Europe Bunker Fuel Sales by Application (2020-2025) & (M MT)
Table 190. Latin America Bunker Fuel Sales by Country (2020-2025) & (M MT)
Table 191. Latin America Bunker Fuel Sales by Country (2026-2031) & (M MT)
Table 192. Latin America Bunker Fuel Revenue by Country (2020-2025) & (US$ Million)
Table 193. Latin America Bunker Fuel Revenue by Country (2026-2031) & (US$ Million)
Table 194. Latin America Bunker Fuel Sales by Type (2020-2025) & (M MT)
Table 195. Latin America Bunker Fuel Sales by Application (2020-2025) & (M MT)
Table 196. Middle East and Africa Bunker Fuel Sales by Country (2020-2025) & (M MT)
Table 197. Middle East and Africa Bunker Fuel Sales by Country (2026-2031) & (M MT)
Table 198. Middle East and Africa Bunker Fuel Revenue by Country (2020-2025) & (US$ Million)
Table 199. Middle East and Africa Bunker Fuel Revenue by Country (2026-2031) & (US$ Million)
Table 200. Middle East and Africa Bunker Fuel Sales by Type (2020-2025) & (M MT)
Table 201. Middle East and Africa Bunker Fuel Sales by Application (2020-2025) & (M MT)
Table 202. Bunker Fuel Key Raw Materials, Industry Status and Trend
Table 203. Bunker Fuel Key Raw Materials and Upstream Suppliers
Table 204. Bunker Fuel Clients Status and Trend
Table 205. Bunker Fuel Typical Clients
Table 206. Bunker Fuel Distributors
Table 207. Bunker Fuel Market Trends
Table 208. Bunker Fuel Market Drivers
Table 209. Bunker Fuel Market Challenges
Table 210. Bunker Fuel Market Restraints
Table 211. Research Programs/Design for This Report
Table 212. Key Data Information from Secondary Sources
Table 213. Key Data Information from Primary Sources
Table 214. QYR Business Unit and Senior & Team Lead Analysts
List of Figures
Figure 1. Bunker Fuel Product Picture
Figure 2. Global Bunker Fuel Market Size by Type (US$ Million): 2020 VS 2024 VS 2031
Figure 3. Global Bunker Fuel Sales Market Share by Type in 2024 & 2031
Figure 4. Distillate Fuel Oil Product Picture
Figure 5. Residual Fuel Oil Product Picture
Figure 6. LNG Product Picture
Figure 7. Global Bunker Fuel Market Size by Application (US$ Million): 2020 VS 2024 VS 2031
Figure 8. Global Bunker Fuel Sales Market Share by Application in 2024 & 2031
Figure 9. Tanker Vessels
Figure 10. Container Vessels
Figure 11. Bulk Vessels
Figure 12. General Cargo Vessels
Figure 13. Other
Figure 14. Bunker Fuel Report Years Considered
Figure 15. Global Bunker Fuel Revenue, (US$ Million), 2020 VS 2024 VS 2031
Figure 16. Global Bunker Fuel Market Size 2020-2031 (US$ Million)
Figure 17. Global Bunker Fuel Sales 2020-2031 (M MT)
Figure 18. Global Bunker Fuel Sales Market Share Forecast by Region (2020-2031)
Figure 19. Global Bunker Fuel Revenue Market Share by Region (2020-2031)
Figure 20. Global Bunker Fuel Sales Market Share Forecast by Type (2020-2031)
Figure 21. Global Bunker Fuel Revenue Market Share Forecast by Type (2020-2031)
Figure 22. Bunker Fuel Average Selling Price (ASP) by Type (2020-2025) & (USD/MT)
Figure 23. Global Bunker Fuel Sales Market Share Forecast by Application (2020-2031)
Figure 24. Global Bunker Fuel Revenue Market Share Forecast by Application (2020-2031)
Figure 25. Bunker Fuel Average Selling Price (ASP) by Application (2020-2025) & (USD/MT)
Figure 26. Distillate Fuel Oil of Bunker Fuel Revenue Market Share by Application, 2024 VS 2031
Figure 27. Residual Fuel Oil of Bunker Fuel Revenue Market Share by Application, 2024 VS 2031
Figure 28. LNG of Bunker Fuel Revenue Market Share by Application, 2024 VS 2031
Figure 29. Global Bunker Fuel Sales Share by Manufacturer in 2024
Figure 30. Bunker Fuel Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 31. Distillate Fuel Oil Market Sales Proportion by Manufacturer in 2024
Figure 32. Residual Fuel Oil Market Sales Proportion by Manufacturer in 2024
Figure 33. LNG Market Sales Proportion by Manufacturer in 2024
Figure 34. North America Bunker Fuel Revenue 2020-2031 (US$ Million)
Figure 35. North America Bunker Fuel Sales Market Share by Type (2020-2025)
Figure 36. North America Bunker Fuel Sales Market Share by Application (2020-2025)
Figure 37. Asia-Pacific Bunker Fuel Revenue 2020-2031 (US$ Million)
Figure 38. Asia-Pacific Bunker Fuel Sales Market Share by Region (2020-2031)
Figure 39. Asia-Pacific Bunker Fuel Revenue Market Share by Region (2020-2031)
Figure 40. Asia-Pacific Bunker Fuel Sales Market Share by Type (2020-2025)
Figure 41. Asia-Pacific Bunker Fuel Sales Market Share by Application (2020-2025)
Figure 42. Europe Bunker Fuel Revenue Growth Rate 2020-2031 (US$ Million)
Figure 43. Europe Bunker Fuel Sales Market Share by Country (2020-2031)
Figure 44. Europe Bunker Fuel Revenue Market Share by Country (2020-2031)
Figure 45. Europe Bunker Fuel Sales Market Share by Type (2020-2025)
Figure 46. Europe Bunker Fuel Sales Market Share by Application (2020-2025)
Figure 47. Latin America Bunker Fuel Revenue Growth Rate 2020-2031 (US$ Million)
Figure 48. Latin America Bunker Fuel Sales Market Share by Country (2020-2031)
Figure 49. Latin America Bunker Fuel Revenue Market Share by Country (2020-2025)
Figure 50. Latin America Bunker Fuel Sales Market Share by Type (2020-2025)
Figure 51. Latin America Bunker Fuel Sales Market Share by Application (2020-2025)
Figure 52. Middle East and Africa Bunker Fuel Revenue Growth Rate 2020-2031 (US$ Million)
Figure 53. Middle East and Africa Bunker Fuel Sales Market Share by Country (2020-2031)
Figure 54. Middle East and Africa Bunker Fuel Revenue Market Share by Country (2020-2031)
Figure 55. Middle East and Africa Bunker Fuel Sales Market Share by Type (2020-2025)
Figure 56. Middle East and Africa Bunker Fuel Sales Market Share by Application (2020-2025)
Figure 57. Bunker Fuel Supply Chain (Upstream and Downstream Market)
Figure 58. Global Production Market Share of Bunker Fuel Raw Materials by Region in 2024
Figure 59. Bunker Fuel Distribution Channels
Figure 60. Global Bunker Fuel Percentage 2020-2031: Indirect Sales VS Direct Sales
Figure 61. Global Bunker Fuel Percentage 2020-2031: Online Sales VS Offline Sales
Figure 62. Bottom-up and Top-down Approaches for This Report
Figure 63. Data Triangulation
Figure 64. Key Executives Interviewed