iCrowd Newswire
27 Oct 2021, 17:33 GMT+10
Understanding several aspects of the global bunker fuel market, Persistence Market Research has put forth an in-depth analysis on various trends, opportunities, challenges, drivers and restraints influencing the growth of the market in its recent research report titled "Bunker Fuel Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)". Various facets of the global bunker fuel market are analyzed across the key regions of North America, Europe, Latin America, Asia Pacific and Middle East and Africa. An exhaustive analysis of the global bunker fuel market covers weighted segmentation analysis, competitive assessment and forecast projections with respect to value and volume for a period of five years from 2017 till 2025.
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The chemicals and materials vertical would be witnessing an eco-friendly transformation in the upcoming period. Plastic waste recycling would be one amongst these green initiatives. This would also be an era of materials informatics, i.e. machine learning would be employed to the materials' development, which would, apart from improving on the cost of R&D, also provide better agility.
Synthetic biology would be another trend ruling the roost, as it would facilitate more flexible distribution of the chemicals and also help in exploration of novel markets, that too, at lower costs. Persistence Market Research is into tabling of these details of the chemicals and materials vertical through its team of riveting analysts and consultants.
Global Bunker Fuel Market: Forecast Highlights
The global bunker fuel market is expected to witness robust growth in the coming years and is projected to grow at a high value CAGR of 7.4% throughout the period of assessment. In 2017, the global market was valued at about US$ 140 Bn and is estimated to reach a valuation of just under US$ 250 Bn by the end of the year of assessment (2025).
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Global Bunker Fuel Market: Segmentation Analysis
The global bunker fuel market is segmented on the basis of type, end use and region.
Global Bunker Fuel Market: Competitive Landscape
The research report on the global market for bunker fuel covers competitive landscape that includes intelligence on various companies operating in the global market. Information including the company overview, SWOT analysis, product portfolio, geographical spread, key developments, expansion plans and various strategies is covered in the competitive assessment chapter. Some of the top companies such as ExxonMobil Corporation, Total S.A., Royal Dutch Shell Plc., Neste Oyj, Saudi Arabian Oil Company, Marathon Petroleum, Corporation, Valero Energy Corporation, Lukofil-Bunker LLC, OAO Gazprom and China Petroleum & chemical Corp (Sinopec Corporation) are profiled in this research report.
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Tags: Bunker Fuel Market Share, Bunker Fuel Market, Bunker Fuel Market Size, Bunker Fuel Market Sales
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