Dublin, Jan. 21, 2025 (GLOBE NEWSWIRE) -- The "LNG Bunkering Market in Europe 2024-2028" report has been added to ResearchAndMarkets.com's offering.
The LNG bunkering market in Europe is forecasted to grow by USD 530.3 million during 2023-2028, accelerating at a CAGR of 19.9% during the forecast period. The market is driven by high capital requirements for using LNG as marine fuel, fluctuation in oil and gas prices, and demand-supply gap in LNG bunkering.
This report on the LNG bunkering market in Europe 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 market scenario, the latest trends and drivers, and the overall market environment.
This study identifies the increase in demand for cleaner fuels as one of the prime reasons driving the LNG bunkering market in Europe growth during the next few years. Also, technological advances in LNG bunkering and increase in gas exploration and production activities will lead to sizable demand in the market.
The LNG bunkering market in Europe is segmented as below:
By End-user
- Tanker
- Ferry and ro-ro
- Container
- Others
The report on the LNG bunkering market in Europe covers the following areas:
- LNG Bunkering Market in Europe sizing
- LNG Bunkering Market in Europe forecast
- LNG Bunkering Market in Europe industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vendors.
Also, the 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.
A selection of companies mentioned in this report includes, but is not limited to:
- Barents NaturGass AS
- Bomin Bunker Holding GmbH & Co. KG
- Broadview Energy Solutions B.V.
- Crowley Maritime Corp.
- Equinor ASA
- ExxonMobil Corp.
- Fjord Line AS
- Gasnor AS
- Gasum Oy
- Heerema International Group
- Kawasaki Heavy Industries Ltd.
- PETRONAS Chemicals Group Berhad
- PJSC Gazprom Neft
- Shell plc
- SEA LNG Ltd.
- SHV Energy
- Teekay Corp.
- TotalEnergies SE
- Wartsila Corp.
For more information about this report visit https://www.researchandmarkets.com/r/yvk3rh
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
