Industry: Chemical & Material
Published Date: 2025-01-16
Pages: 130 Pages
Report ld: 3475751
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LNG Bunkering Market Size(US$)

CAGR 2025-2031
11%
Market Size,2031
USD 2,747
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for LNG Bunkering was estimated to be worth US$ 1336 million in 2024 and is forecast to a readjusted size of US$ 2747 million by 2031 with a CAGR of 11.0% during the forecast period 2025-2031.
Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4) that has been converted to liquid form for ease of storage or transport.
LNG is an attractive fuel choice for many vessels because it exceeds the air quality standards set forth. It takes up about 1/600th the volume of natural gas in the gaseous state. It is odorless, colorless, non-toxic and non-corrosive. Hazards include flammability after vaporization into a gaseous state, freezing and asphyxia.
The liquefaction process involves removal of certain components, such as dust, acid gases, helium, water, and heavy hydrocarbons, which could cause difficulty downstream. The natural gas is then condensed into a liquid at close to atmospheric pressure by cooling it to approximately −162 °C (−260 °F); maximum transport pressure is set at around 25 KPa (4 psi).
LNG Bunkering is a particular type of operation where LNG fuel is transferred from a given distribution source to a LNG fuelled ship. It involves the participation of different stakeholders, from the ship-side, LNG supplier, ports, safety personnel, administrations and policy makers. In this report, LNG bunkering only refers to LNG bunkering fuel.
The major players in global LNG Bunkering market include Skangas, Shell (Gasnor), Statoil, etc. The top 3 players occupy about 50% shares of the global market. Europe and Asia-Pacific are main markets, they occupy about 75% of the global market. Truck-to-Ship is the main type, with a share about 70%. Ferries & OSV is the main application, which holds a share about 40%.
This report aims to provide a comprehensive presentation of the global market for LNG Bunkering, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of LNG Bunkering by region & country, by Type, and by Application.
The LNG Bunkering market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 LNG Bunkering.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of LNG Bunkering manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of LNG Bunkering in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of LNG Bunkering in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 LNG Bunkering Product Introduction
1.2 Global LNG Bunkering Market Size Forecast
1.2.1 Global LNG Bunkering Sales Value (2020-2031)
1.2.2 Global LNG Bunkering Sales Volume (2020-2031)
1.2.3 Global LNG Bunkering Sales Price (2020-2031)
1.3 LNG Bunkering Market Trends & Drivers
1.3.1 LNG Bunkering Industry Trends
1.3.2 LNG Bunkering Market Drivers & Opportunity
1.3.3 LNG Bunkering Market Challenges
1.3.4 LNG Bunkering Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global LNG Bunkering Players Revenue Ranking (2024)
2.2 Global LNG Bunkering Revenue by Company (2020-2025)
2.3 Global LNG Bunkering Players Sales Volume Ranking (2024)
2.4 Global LNG Bunkering Sales Volume by Company Players (2020-2025)
2.5 Global LNG Bunkering Average Price by Company (2020-2025)
2.6 Key Manufacturers LNG Bunkering Manufacturing Base and Headquarters
2.7 Key Manufacturers LNG Bunkering Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of LNG Bunkering
2.9 LNG Bunkering Market Competitive Analysis
2.9.1 LNG Bunkering Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by LNG Bunkering Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in LNG Bunkering as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Truck-to-Ship
3.1.2 Ship-to-Ship
3.1.3 Port-to-Ship
3.1.4 Others
3.2 Global LNG Bunkering Sales Value by Type
3.2.1 Global LNG Bunkering Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global LNG Bunkering Sales Value, by Type (2020-2031)
3.2.3 Global LNG Bunkering Sales Value, by Type (%) (2020-2031)
3.3 Global LNG Bunkering Sales Volume by Type
3.3.1 Global LNG Bunkering Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global LNG Bunkering Sales Volume, by Type (2020-2031)
3.3.3 Global LNG Bunkering Sales Volume, by Type (%) (2020-2031)
3.4 Global LNG Bunkering Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Container Vessels
4.1.2 Tanker Vessels
4.1.3 Bulk & General Cargo Vessels
4.1.4 Ferries & OSV
4.1.5 Others
4.2 Global LNG Bunkering Sales Value by Application
4.2.1 Global LNG Bunkering Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global LNG Bunkering Sales Value, by Application (2020-2031)
4.2.3 Global LNG Bunkering Sales Value, by Application (%) (2020-2031)
4.3 Global LNG Bunkering Sales Volume by Application
4.3.1 Global LNG Bunkering Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global LNG Bunkering Sales Volume, by Application (2020-2031)
4.3.3 Global LNG Bunkering Sales Volume, by Application (%) (2020-2031)
4.4 Global LNG Bunkering Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global LNG Bunkering Sales Value by Region
5.1.1 Global LNG Bunkering Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global LNG Bunkering Sales Value by Region (2020-2025)
5.1.3 Global LNG Bunkering Sales Value by Region (2026-2031)
5.1.4 Global LNG Bunkering Sales Value by Region (%), (2020-2031)
5.2 Global LNG Bunkering Sales Volume by Region
5.2.1 Global LNG Bunkering Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global LNG Bunkering Sales Volume by Region (2020-2025)
5.2.3 Global LNG Bunkering Sales Volume by Region (2026-2031)
5.2.4 Global LNG Bunkering Sales Volume by Region (%), (2020-2031)
5.3 Global LNG Bunkering Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America LNG Bunkering Sales Value, 2020-2031
5.4.2 North America LNG Bunkering Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe LNG Bunkering Sales Value, 2020-2031
5.5.2 Europe LNG Bunkering Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific LNG Bunkering Sales Value, 2020-2031
5.6.2 Asia Pacific LNG Bunkering Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America LNG Bunkering Sales Value, 2020-2031
5.7.2 South America LNG Bunkering Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa LNG Bunkering Sales Value, 2020-2031
5.8.2 Middle East & Africa LNG Bunkering Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions LNG Bunkering Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions LNG Bunkering Sales Value
6.2.1 Key Countries/Regions LNG Bunkering Sales Value, 2020-2031
6.2.2 Key Countries/Regions LNG Bunkering Sales Volume, 2020-2031
6.3 United States
6.3.1 United States LNG Bunkering Sales Value, 2020-2031
6.3.2 United States LNG Bunkering Sales Value by Type (%), 2024 VS 2031
6.3.3 United States LNG Bunkering Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe LNG Bunkering Sales Value, 2020-2031
6.4.2 Europe LNG Bunkering Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe LNG Bunkering Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China LNG Bunkering Sales Value, 2020-2031
6.5.2 China LNG Bunkering Sales Value by Type (%), 2024 VS 2031
6.5.3 China LNG Bunkering Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan LNG Bunkering Sales Value, 2020-2031
6.6.2 Japan LNG Bunkering Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan LNG Bunkering Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea LNG Bunkering Sales Value, 2020-2031
6.7.2 South Korea LNG Bunkering Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea LNG Bunkering Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia LNG Bunkering Sales Value, 2020-2031
6.8.2 Southeast Asia LNG Bunkering Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia LNG Bunkering Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India LNG Bunkering Sales Value, 2020-2031
6.9.2 India LNG Bunkering Sales Value by Type (%), 2024 VS 2031
6.9.3 India LNG Bunkering Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Gasum
7.1.1 Gasum Company Information
7.1.2 Gasum Introduction and Business Overview
7.1.3 Gasum LNG Bunkering Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Gasum LNG Bunkering Product Offerings
7.1.5 Gasum Recent Development
7.2 Shell (Gasnor)
7.2.1 Shell (Gasnor) Company Information
7.2.2 Shell (Gasnor) Introduction and Business Overview
7.2.3 Shell (Gasnor) LNG Bunkering Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Shell (Gasnor) LNG Bunkering Product Offerings
7.2.5 Shell (Gasnor) Recent Development
7.3 Equinor
7.3.1 Equinor Company Information
7.3.2 Equinor Introduction and Business Overview
7.3.3 Equinor LNG Bunkering Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Equinor LNG Bunkering Product Offerings
7.3.5 Equinor Recent Development
7.4 Barents Naturgass
7.4.1 Barents Naturgass Company Information
7.4.2 Barents Naturgass Introduction and Business Overview
7.4.3 Barents Naturgass LNG Bunkering Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Barents Naturgass LNG Bunkering Product Offerings
7.4.5 Barents Naturgass Recent Development
7.5 Engie
7.5.1 Engie Company Information
7.5.2 Engie Introduction and Business Overview
7.5.3 Engie LNG Bunkering Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Engie LNG Bunkering Product Offerings
7.5.5 Engie Recent Development
7.6 Bomin and Linde
7.6.1 Bomin and Linde Company Information
7.6.2 Bomin and Linde Introduction and Business Overview
7.6.3 Bomin and Linde LNG Bunkering Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Bomin and Linde LNG Bunkering Product Offerings
7.6.5 Bomin and Linde Recent Development
7.7 Eni Norge
7.7.1 Eni Norge Company Information
7.7.2 Eni Norge Introduction and Business Overview
7.7.3 Eni Norge LNG Bunkering Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Eni Norge LNG Bunkering Product Offerings
7.7.5 Eni Norge Recent Development
7.8 Harvey Gulf
7.8.1 Harvey Gulf Company Information
7.8.2 Harvey Gulf Introduction and Business Overview
7.8.3 Harvey Gulf LNG Bunkering Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Harvey Gulf LNG Bunkering Product Offerings
7.8.5 Harvey Gulf Recent Development
7.9 Polskie LNG
7.9.1 Polskie LNG Company Information
7.9.2 Polskie LNG Introduction and Business Overview
7.9.3 Polskie LNG LNG Bunkering Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Polskie LNG LNG Bunkering Product Offerings
7.9.5 Polskie LNG Recent Development
7.10 Korea Gas Corp
7.10.1 Korea Gas Corp Company Information
7.10.2 Korea Gas Corp Introduction and Business Overview
7.10.3 Korea Gas Corp LNG Bunkering Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Korea Gas Corp LNG Bunkering Product Offerings
7.10.5 Korea Gas Corp Recent Development
7.11 Gaz Metro
7.11.1 Gaz Metro Company Information
7.11.2 Gaz Metro Introduction and Business Overview
7.11.3 Gaz Metro LNG Bunkering Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Gaz Metro LNG Bunkering Product Offerings
7.11.5 Gaz Metro Recent Development
8 Industry Chain Analysis
8.1 LNG Bunkering Industrial Chain
8.2 LNG Bunkering Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 LNG Bunkering Sales Model
8.5.2 Sales Channel
8.5.3 LNG Bunkering Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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