The global LNG As A Bunker Fuel market was valued at 3303.68 Million USD in 2020 and will grow with a CAGR of 36.94% from 2020 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4) that has been converted to liquid form for ease of storage or transport.First, the LNG as a bunker fuel industry is concentrated around the ECA territories in the world, both on supply and consumption market, especially Northern Europe (Norway). These years, the North America and East Asia have generally shown attention to the potential for LNG as a bunker fuel, especially in South Korea Japan and China. Second, in the world wide, the LNG powered ships usually sail on the sea, but for China, it is mostly distributed on the river. China government puts a lot of effort on LNG as a bunker fuel project since 2010, and now comes out a few good results, but due to the higher conversion and new construction fees, belonging with the fledgling bunker fuel network system, now the LNG as a bunker fuel industry is still holding on for the large range development. Third, company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth, also there are many companies adding investment on LNG bunker and LNG powered ship industry. All of them indicates and promotes the healthy develop trend of LNG as a bunker fuel industry. Fourth, this industry is affected by the economy and policy, so it`s important to put an eye to economic indexes and leaders` prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in the likely ECA territories, the need of LNG as a bunker fuel will increase. Fifth, we tend to believe this industry now is still on a rapid develop period, and the consumption increasing degree will show a fast grow curve. On product prices, the slight fluctuation trend in recent years will maintain in the future. With the technology of LNG ship motor development, the demand market of LNG as a bunker fuel will be brighter.
By Market Verdors:
Chantier Davie
General Dynamics NASSCO
VT Halter Marine
Gulf Coast Shipyard Group
Aker Philadelphia Shipyard
Ocean Tug & Barge Engineering
Fassmer Werft
Meyer Werft
Flensburger-Schiffbau-Gesellschaft
Meyer Turku
Arctech Helsinki
Fincantieri
Kleven Verft
STX France
Damen Shipyards Group
Hoogezand Nieuwbouw
Ferus Smit
GdanskRemontowa
Sanmar
Hyundai Heavy Industries
Jiangsu Dajin Heavy Industry
Wuhu Hongri Shipping company
Jiangsu Zhengjiang Shipyard
CSSC Guangzhou Huangpu Shipbuilding
Chongqing Jiangjin Feida
Jiangsu Qinfeng Chuanwu
Tsuji Heavy Industries
Jiangsu Jinyang Shipbuilding
Taizhou Jiangbei Zaochuanchang
By Types:
Truck To Ship (TTS)
Port To Ship (PTS)
Ship To Ship (STS)
By Applications:
Roll-on/ro-ro Ship
Tugboat
Coastal Tanker/Bulk Carrier
Containership
Platform Supply Vessel
Smaller Passenger Ship
Big Fishing Vessel
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by LNG As A Bunker Fuel Revenue
1.4 Market Analysis by Type
1.4.1 Global LNG As A Bunker Fuel Market Size Growth Rate by Type: 2021 VS 2027
1.4.2 Truck To Ship (TTS)
1.4.3 Port To Ship (PTS)
1.4.4 Ship To Ship (STS)
1.5 Market by Application
1.5.1 Global LNG As A Bunker Fuel Market Share by Application: 2022-2027
1.5.2 Roll-on/ro-ro Ship
1.5.3 Tugboat
1.5.4 Coastal Tanker/Bulk Carrier
1.5.5 Containership
1.5.6 Platform Supply Vessel
1.5.7 Smaller Passenger Ship
1.5.8 Big Fishing Vessel
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global LNG As A Bunker Fuel Market
1.8.1 Global LNG As A Bunker Fuel Market Status and Outlook (2016-2027)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global LNG As A Bunker Fuel Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global LNG As A Bunker Fuel Revenue Market Share by Manufacturers (2016-2021)
2.3 Global LNG As A Bunker Fuel Average Price by Manufacturers (2016-2021)
2.4 Manufacturers LNG As A Bunker Fuel Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global LNG As A Bunker Fuel Sales Volume Market Share by Region (2016-2021)
3.2 Global LNG As A Bunker Fuel Sales Revenue Market Share by Region (2016-2021)
3.3 North America LNG As A Bunker Fuel Sales Volume
3.3.1 North America LNG As A Bunker Fuel Sales Volume Growth Rate (2016-2021)
3.3.2 North America LNG As A Bunker Fuel Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.4 East Asia LNG As A Bunker Fuel Sales Volume
3.4.1 East Asia LNG As A Bunker Fuel Sales Volume Growth Rate (2016-2021)
3.4.2 East Asia LNG As A Bunker Fuel Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe LNG As A Bunker Fuel Sales Volume (2016-2021)
3.5.1 Europe LNG As A Bunker Fuel Sales Volume Growth Rate (2016-2021)
3.5.2 Europe LNG As A Bunker Fuel Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.6 South Asia LNG As A Bunker Fuel Sales Volume (2016-2021)
3.6.1 South Asia LNG As A Bunker Fuel Sales Volume Growth Rate (2016-2021)
3.6.2 South Asia LNG As A Bunker Fuel Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.7 Southeast Asia LNG As A Bunker Fuel Sales Volume (2016-2021)
3.7.1 Southeast Asia LNG As A Bunker Fuel Sales Volume Growth Rate (2016-2021)
3.7.2 Southeast Asia LNG As A Bunker Fuel Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.8 Middle East LNG As A Bunker Fuel Sales Volume (2016-2021)
3.8.1 Middle East LNG As A Bunker Fuel Sales Volume Growth Rate (2016-2021)
3.8.2 Middle East LNG As A Bunker Fuel Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.9 Africa LNG As A Bunker Fuel Sales Volume (2016-2021)
3.9.1 Africa LNG As A Bunker Fuel Sales Volume Growth Rate (2016-2021)
3.9.2 Africa LNG As A Bunker Fuel Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.10 Oceania LNG As A Bunker Fuel Sales Volume (2016-2021)
3.10.1 Oceania LNG As A Bunker Fuel Sales Volume Growth Rate (2016-2021)
3.10.2 Oceania LNG As A Bunker Fuel Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.11 South America LNG As A Bunker Fuel Sales Volume (2016-2021)
3.11.1 South America LNG As A Bunker Fuel Sales Volume Growth Rate (2016-2021)
3.11.2 South America LNG As A Bunker Fuel Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.12 Rest of the World LNG As A Bunker Fuel Sales Volume (2016-2021)
3.12.1 Rest of the World LNG As A Bunker Fuel Sales Volume Growth Rate (2016-2021)
3.12.2 Rest of the World LNG As A Bunker Fuel Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
4 North America
4.1 North America LNG As A Bunker Fuel Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia LNG As A Bunker Fuel Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe LNG As A Bunker Fuel Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia LNG As A Bunker Fuel Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia LNG As A Bunker Fuel Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East LNG As A Bunker Fuel Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa LNG As A Bunker Fuel Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania LNG As A Bunker Fuel Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America LNG As A Bunker Fuel Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World LNG As A Bunker Fuel Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global LNG As A Bunker Fuel Sales Volume Market Share by Type (2016-2021)
14.2 Global LNG As A Bunker Fuel Sales Revenue Market Share by Type (2016-2021)
14.3 Global LNG As A Bunker Fuel Sales Price by Type (2016-2021)
15 Consumption Analysis by Application
15.1 Global LNG As A Bunker Fuel Consumption Volume by Application (2016-2021)
15.2 Global LNG As A Bunker Fuel Consumption Value by Application (2016-2021)
16 Company Profiles and Key Figures in LNG As A Bunker Fuel Business
16.1 Chantier Davie
16.1.1 Chantier Davie Company Profile
16.1.2 Chantier Davie LNG As A Bunker Fuel Product Specification
16.1.3 Chantier Davie LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.2 General Dynamics NASSCO
16.2.1 General Dynamics NASSCO Company Profile
16.2.2 General Dynamics NASSCO LNG As A Bunker Fuel Product Specification
16.2.3 General Dynamics NASSCO LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.3 VT Halter Marine
16.3.1 VT Halter Marine Company Profile
16.3.2 VT Halter Marine LNG As A Bunker Fuel Product Specification
16.3.3 VT Halter Marine LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.4 Gulf Coast Shipyard Group
16.4.1 Gulf Coast Shipyard Group Company Profile
16.4.2 Gulf Coast Shipyard Group LNG As A Bunker Fuel Product Specification
16.4.3 Gulf Coast Shipyard Group LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.5 Aker Philadelphia Shipyard
16.5.1 Aker Philadelphia Shipyard Company Profile
16.5.2 Aker Philadelphia Shipyard LNG As A Bunker Fuel Product Specification
16.5.3 Aker Philadelphia Shipyard LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.6 Ocean Tug & Barge Engineering
16.6.1 Ocean Tug & Barge Engineering Company Profile
16.6.2 Ocean Tug & Barge Engineering LNG As A Bunker Fuel Product Specification
16.6.3 Ocean Tug & Barge Engineering LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.7 Fassmer Werft
16.7.1 Fassmer Werft Company Profile
16.7.2 Fassmer Werft LNG As A Bunker Fuel Product Specification
16.7.3 Fassmer Werft LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.8 Meyer Werft
16.8.1 Meyer Werft Company Profile
16.8.2 Meyer Werft LNG As A Bunker Fuel Product Specification
16.8.3 Meyer Werft LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.9 Flensburger-Schiffbau-Gesellschaft
16.9.1 Flensburger-Schiffbau-Gesellschaft Company Profile
16.9.2 Flensburger-Schiffbau-Gesellschaft LNG As A Bunker Fuel Product Specification
16.9.3 Flensburger-Schiffbau-Gesellschaft LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.10 Meyer Turku
16.10.1 Meyer Turku Company Profile
16.10.2 Meyer Turku LNG As A Bunker Fuel Product Specification
16.10.3 Meyer Turku LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.11 Arctech Helsinki
16.11.1 Arctech Helsinki Company Profile
16.11.2 Arctech Helsinki LNG As A Bunker Fuel Product Specification
16.11.3 Arctech Helsinki LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.12 Fincantieri
16.12.1 Fincantieri Company Profile
16.12.2 Fincantieri LNG As A Bunker Fuel Product Specification
16.12.3 Fincantieri LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.13 Kleven Verft
16.13.1 Kleven Verft Company Profile
16.13.2 Kleven Verft LNG As A Bunker Fuel Product Specification
16.13.3 Kleven Verft LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.14 STX France
16.14.1 STX France Company Profile
16.14.2 STX France LNG As A Bunker Fuel Product Specification
16.14.3 STX France LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.15 Damen Shipyards Group
16.15.1 Damen Shipyards Group Company Profile
16.15.2 Damen Shipyards Group LNG As A Bunker Fuel Product Specification
16.15.3 Damen Shipyards Group LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.16 Hoogezand Nieuwbouw
16.16.1 Hoogezand Nieuwbouw Company Profile
16.16.2 Hoogezand Nieuwbouw LNG As A Bunker Fuel Product Specification
16.16.3 Hoogezand Nieuwbouw LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.17 Ferus Smit
16.17.1 Ferus Smit Company Profile
16.17.2 Ferus Smit LNG As A Bunker Fuel Product Specification
16.17.3 Ferus Smit LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.18 GdanskRemontowa
16.18.1 GdanskRemontowa Company Profile
16.18.2 GdanskRemontowa LNG As A Bunker Fuel Product Specification
16.18.3 GdanskRemontowa LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.19 Sanmar
16.19.1 Sanmar Company Profile
16.19.2 Sanmar LNG As A Bunker Fuel Product Specification
16.19.3 Sanmar LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.20 Hyundai Heavy Industries
16.20.1 Hyundai Heavy Industries Company Profile
16.20.2 Hyundai Heavy Industries LNG As A Bunker Fuel Product Specification
16.20.3 Hyundai Heavy Industries LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.21 Jiangsu Dajin Heavy Industry
16.21.1 Jiangsu Dajin Heavy Industry Company Profile
16.21.2 Jiangsu Dajin Heavy Industry LNG As A Bunker Fuel Product Specification
16.21.3 Jiangsu Dajin Heavy Industry LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.22 Wuhu Hongri Shipping company
16.22.1 Wuhu Hongri Shipping company Company Profile
16.22.2 Wuhu Hongri Shipping company LNG As A Bunker Fuel Product Specification
16.22.3 Wuhu Hongri Shipping company LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.23 Jiangsu Zhengjiang Shipyard
16.23.1 Jiangsu Zhengjiang Shipyard Company Profile
16.23.2 Jiangsu Zhengjiang Shipyard LNG As A Bunker Fuel Product Specification
16.23.3 Jiangsu Zhengjiang Shipyard LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.24 CSSC Guangzhou Huangpu Shipbuilding
16.24.1 CSSC Guangzhou Huangpu Shipbuilding Company Profile
16.24.2 CSSC Guangzhou Huangpu Shipbuilding LNG As A Bunker Fuel Product Specification
16.24.3 CSSC Guangzhou Huangpu Shipbuilding LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.25 Chongqing Jiangjin Feida
16.25.1 Chongqing Jiangjin Feida Company Profile
16.25.2 Chongqing Jiangjin Feida LNG As A Bunker Fuel Product Specification
16.25.3 Chongqing Jiangjin Feida LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.26 Jiangsu Qinfeng Chuanwu
16.26.1 Jiangsu Qinfeng Chuanwu Company Profile
16.26.2 Jiangsu Qinfeng Chuanwu LNG As A Bunker Fuel Product Specification
16.26.3 Jiangsu Qinfeng Chuanwu LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.27 Tsuji Heavy Industries
16.27.1 Tsuji Heavy Industries Company Profile
16.27.2 Tsuji Heavy Industries LNG As A Bunker Fuel Product Specification
16.27.3 Tsuji Heavy Industries LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.28 Jiangsu Jinyang Shipbuilding
16.28.1 Jiangsu Jinyang Shipbuilding Company Profile
16.28.2 Jiangsu Jinyang Shipbuilding LNG As A Bunker Fuel Product Specification
16.28.3 Jiangsu Jinyang Shipbuilding LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.29 Taizhou Jiangbei Zaochuanchang
16.29.1 Taizhou Jiangbei Zaochuanchang Company Profile
16.29.2 Taizhou Jiangbei Zaochuanchang LNG As A Bunker Fuel Product Specification
16.29.3 Taizhou Jiangbei Zaochuanchang LNG As A Bunker Fuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
17 LNG As A Bunker Fuel Manufacturing Cost Analysis
17.1 LNG As A Bunker Fuel Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of LNG As A Bunker Fuel
17.4 LNG As A Bunker Fuel Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 LNG As A Bunker Fuel Distributors List
18.3 LNG As A Bunker Fuel Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of LNG As A Bunker Fuel (2022-2027)
20.2 Global Forecasted Revenue of LNG As A Bunker Fuel (2022-2027)
20.3 Global Forecasted Price of LNG As A Bunker Fuel (2016-2027)
20.4 Global Forecasted Production of LNG As A Bunker Fuel by Region (2022-2027)
20.4.1 North America LNG As A Bunker Fuel Production, Revenue Forecast (2022-2027)
20.4.2 East Asia LNG As A Bunker Fuel Production, Revenue Forecast (2022-2027)
20.4.3 Europe LNG As A Bunker Fuel Production, Revenue Forecast (2022-2027)
20.4.4 South Asia LNG As A Bunker Fuel Production, Revenue Forecast (2022-2027)
20.4.5 Southeast Asia LNG As A Bunker Fuel Production, Revenue Forecast (2022-2027)
20.4.6 Middle East LNG As A Bunker Fuel Production, Revenue Forecast (2022-2027)
20.4.7 Africa LNG As A Bunker Fuel Production, Revenue Forecast (2022-2027)
20.4.8 Oceania LNG As A Bunker Fuel Production, Revenue Forecast (2022-2027)
20.4.9 South America LNG As A Bunker Fuel Production, Revenue Forecast (2022-2027)
20.4.10 Rest of the World LNG As A Bunker Fuel Production, Revenue Forecast (2022-2027)
20.5 Forecast by Type and by Application (2022-2027)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2022-2027)
20.5.2 Global Forecasted Consumption of LNG As A Bunker Fuel by Application (2022-2027)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of LNG As A Bunker Fuel by Country
21.2 East Asia Market Forecasted Consumption of LNG As A Bunker Fuel by Country
21.3 Europe Market Forecasted Consumption of LNG As A Bunker Fuel by Countriy
21.4 South Asia Forecasted Consumption of LNG As A Bunker Fuel by Country
21.5 Southeast Asia Forecasted Consumption of LNG As A Bunker Fuel by Country
21.6 Middle East Forecasted Consumption of LNG As A Bunker Fuel by Country
21.7 Africa Forecasted Consumption of LNG As A Bunker Fuel by Country
21.8 Oceania Forecasted Consumption of LNG As A Bunker Fuel by Country
21.9 South America Forecasted Consumption of LNG As A Bunker Fuel by Country
21.10 Rest of the world Forecasted Consumption of LNG As A Bunker Fuel by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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