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Bunker Oil Market Estimated to grow at a CAGR of 3.36% during the period 2017-2021




(AsiaNewsWire.Net, February 13, 2018 ) Bunker oil is a fuel used by the shipping and marine industries. Bunker oil quality depends on flash point, pour point, energy content, sulfur content, and the various chemicals used in the development process. It also depends on the lubricant oil, water content, viscosity, and the presence of sediments in bunkers.

Request sample copy @ http://www.reportsweb.com/inquiry&RW0001539552/sample

The world mercantile trade is expected to surge in the coming years, leading to the larger volumes of goods transportation, which will subsequently witness an increase in the overall fleet size as well as the carrying capacities of individual vessels. The growing need for global economic growth and the continuance of the merchandise trade has propelled the overall demand for seaborne trade volumes and maritime transport services, which will further contribute to the consumption of bunker oil. Moreover, as most of the cargo is transported by ships, the presence of large shipping industries in many countries directly contributes to the growth of the global bunker oil market.

Key vendors
-BP Singapore
-Chemoil Energy
-Sentek Marine & Trading
-Transocean Oil
-Total Marine Fuels

Other prominent vendors
-Aegean Marine Petroleum Network
-Consort Bunkers
-EQUATORIAL Marine Fuel Management Services
-ExxonMobil
-Global Energy Trading
-Golden Island Diesel Oil Trading
-Panoil Petroleum
-Searights Maritime Services
-Seven Seas Oil Trading

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Market driver
-Growing LNG market

Market challenge
-Stringent MARPOL regulations

Market trend
-Shift in focus from EU to APAC

Fundamentals of Table of Content:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles

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ReportsWeb.com

Rajat Sahni

+1-646-491-9876

sales@reportsweb.com

Source: EmailWire.Com


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