Title: Growth and Trends Overview for the Caribbean Islands Bunker Fuel Market by 2023
1Caribbean Islands Bunker Fuel Market
Opportunity Analysis and Industry Forecast,
2017-2023
Pages 158 Publish Date Nov 2017
2Caribbean Islands Bunker Fuel Market
The estimated size of the natural gas resources
has steadily risen since the 1990s, due to the
increased feasibility of extracting gas from
unconventional deposits. LNG, which includes
shale gas, tight gas, coal bed methane, and
methane hydrates, has been difficult and
expensive to exploit than conventional deposits,
until recently. These resources are projected to
help close the widening gap between domestic
production and consumption, but present greater
environmental challenges in their
production. Biswa Sinha Senior Research
Analyst, Consumer Goods At AMR
3 Caribbean Islands Bunker Fuel Market Overview
- The Caribbean Islands Bunker Fuel Market was
valued at 8,231 million in 2016, and is
projected to reach 16,404 million by 2023,
growing at a CAGR of 10.7 from 2017 to 2023.
Fishing vessel is anticipated to grow at the
highest rate during the forecast period, as this
vessel possesses high potential to use battery
solutions because diesel engines do not have
better efficiency even at low speeds. Thus,
boats/ships can be built on diesel-electric power
while operating in low speeds for a couple of
hours. - International Maritime Organizations (IMO)
regulation to implement sulfur cap for marine
fuels and increase in marine-borne trade drive
the growth of the Caribbean islands bunker fuel
market growth. In addition, availability of
alternative sources for marine fuel is expected
to supplement the market growth in the future. - Read more at https//www.alliedmarketresearch.co
m/caribbean-islands-bunker-fuel-market
4 Caribbean Islands Bunker Fuel Market Key Benefits
- In 2016, residual fuel oil accounted for the
maximum market revenue, and is projected to grow
at a CAGR of 10.2 during the forecast period. - IFO 380 is expected to grow at the fastest rate
of 10.2 during the forecast period. - Small independent commercial distributor is
anticipated to register the highest CAGR of
11.1. - Container shipping generated the maximum revenue
in 2016, accounting for 1,806 million in the
Caribbean islands bunker fuel market.
5 Caribbean Islands Bunker Fuel Market By Geography
6 Caribbean Islands Bunker Fuel Market By
Commercial Distributor
7 Caribbean Islands Bunker Fuel Market By Type
8 Key Players In Industry
- Adani Group
- C-FUELS AMERICA LLC
- PT. Doea Tiga Sinergi Indonesia
- SYS Shipping Bunkering Ltd.
- Topoil AB
- Totos Oil
- Umorni Kosac D.O.O.
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9Caribbean Islands Bunker Fuel Market Segments
10 Caribbean Islands Bunker Fuel Market By Geography
- North America, Europe, Asia-Pacific, LAMEA
11 Thank You! For More Details
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ands-bunker-fuel-market
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