The Global Bunker Oil Market is expected to grow by 79.59 mn tons during 2021-2025, progressing at a CAGR of 4.68% during the forecast period

Global Bunker Oil Market 2021-2025 The analyst has been monitoring the bunker oil market and it is poised to grow by 79. 59 mn tons during 2021-2025, progressing at a CAGR of 4. 68% during the forecast period.

New York, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Bunker Oil Market 2021-2025" - https://www.reportlinker.com/p02947677/?utm_source=GNW
Our report on the bunker oil market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing naval expenditure and rising global oil and gas consumption. In addition, increasing naval expenditure is anticipated to boost the growth of the market as well.
The bunker oil market analysis includes the product segment and geographic landscape.

The bunker oil market is segmented as below:
By Product
• Residual fuel
• Distillate fuel

By Geography
• APAC
• Europe
• North America
• MEA
• South America

This study identifies the increase in global seaborne trade as one of the prime reasons driving the bunker oil market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on bunker oil market covers the following areas:
• Bunker oil market sizing
• Bunker oil market forecast
• Bunker oil market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bunker oil market vendors that include BP Plc, Chevron Corp., Exxon Mobil Corp., Marquard and Bahls AG, TotalEnergies SE, Royal Dutch Shell Plc, Public Joint Stock Company Gazprom, China National Petroleum Corp., Hindustan Petroleum Corp. Ltd., and Toyota Tsusho Petroleum Pte. Ltd. Also, the bunker oil market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p02947677/?utm_source=GNW

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