バンカー燃料市場：燃料の種類別・船舶の種類別・民間流通業者別・地域別（2026～2032年）

バンカー燃料市場の評価（2026～2032年）

バンカー燃料の需要は、様々な原因により徐々に拡大しています。世界貿易は拡大を続けており、その結果、海上輸送が増加しています。より多くの商品が海を渡って移動するため、船舶の動力源であるバンカー燃料のニーズもそれに応じて高まります。IMOによる船舶からの硫黄排出量削減基準は、この業界に大きな影響を与えています。市場規模は2024年に1,249億6,000万米ドルを突破し、2032年には約1,689億7,000万米ドルに達します。

こうした要件により、多くの船主はHSFOよりも高価なVLSFOなどのクリーン燃料への切り替えを余儀なくされています。このため、バンカー燃料の総需要が増加する一方で、HSFOの需要は減少しています。船舶用燃料としてのLNGの普及はまだ初期段階ですが、船主が代替燃料を求めているため、バンカー燃料需要全体の増加に寄与しています。費用対効果が高く効率的なバンカー燃料に対する需要の高まりが、2026年から2032年までのCAGR 4.24%での市場の成長を可能にしています。

バンカー燃料市場の定義/概要

船舶用燃料として知られるバンカー燃料は、主に船舶やボートの動力に使用される燃料油の一種です。重油（HFO）や船舶用ディーゼル油（MDO）など様々な燃料が含まれ、粘度と密度が高いことで区別されます。バンカー燃料は、大型貨物船、タンカー、漁船が正常に機能するために必要なエネルギーを供給するため、海上輸送に不可欠です。使用されるバンカー燃料の種類は、船舶の種類、運航要件、公害規制によって決定されることが多く、その結果、近年はよりクリーンな代替燃料が重視されるようになっています。

船舶関連の温室効果ガス排出削減を目的とした環境規制が強まるにつれ、バンカー燃料は劇的に進化すると予測されます。国際海事機関（IMO）は、2050年までに排出量を2008年比で少なくとも50％削減するという高い目標を掲げており、LNG（液化天然ガス）、水素、バイオ燃料など、よりクリーンな燃料へのシフトが進んでいます。

燃料技術と炭素回収・貯留（CCS）システムの進歩は、バンカー燃料の環境への影響を減らす上で重要な役割を果たすかもしれません。海運業界が持続可能性を受け入れる中、革新的な代替バンカー燃料の開発と採用が世界海運の将来を形作ることは間違いなく、効率的で環境に優しい海上事業への高まる需要に応えながら、厳しい規制へのコンプライアンスを確保することになります。

世界の海上貿易の増加はバンカー燃料市場を牽引するか？

世界の海上貿易の拡大は、バンカー燃料市場を推進すると思われます。UNCTAD Review of Maritime Transport 2024によると、2022年の世界の海上貿易量は前年比1.4%増の115億トンに達しました。この成長動向は今後も続き、2024年から2028年までの年間成長率は2.1%に達すると予想され、その結果、バンカー燃料の需要が増加します。より多くの物資が海上ルートで輸送されるようになるにつれ、船舶の動力源としてのバンカー燃料の需要は増大し、海運業界の運航効率に不可欠な要素となります。

世界の海上船隊の拡大がバンカー燃料市場を促進します。Clarksons Researchは、2024年1月に世界の船隊が前年比3.2%増の23億重量トン（dwt）に達したと報告し、船隊の継続的な成長を強調しています。この船隊規模の拡大は、より多くの船舶が運航に燃料を必要とするため、バンカー燃料消費の増加に直接関係しています。バンカー燃料のニーズは、船隊の増加とともに増加し、業界を前進させる可能性が高いです。

環境規制はバンカー燃料市場の成長に影響を与えるか？

環境規制はバンカー燃料市場の成長に大きな影響を与えると思われます。海運から排出される温室効果ガスを削減するために国際海事機関（IMO）が定めた排出規制の厳格化は、業界をよりクリーンな燃料の選択へと向かわせています。IMOの2020年硫黄上限規制のように、船舶燃料中の硫黄含有量を0.5%に制限する規制があるため、船舶運航者は低硫黄燃料、LNG、その他のよりクリーンな代替燃料に頼る傾向が強まっており、バンカー燃料全体の使用量を低下させる可能性があります。

代替燃料との競合はバンカー燃料市場の成長に影響を与えると思われます。海運部門が排出を最小限に抑え、厳格な環境要件に準拠しようと努める中、液化天然ガス（LNG）、水素、バイオ燃料などの代替燃料が人気を集めています。これらのクリーンな燃料は排出量を削減し、持続可能性の目標に合致するため、海運事業者はこれらの代替燃料への投資や移行を促しています。

目次

第1章 イントロダクション

• 市場の定義
• 市場区分
• 分析手法

第2章 エグゼクティブサマリー

• 主な分析結果
• 市場概要
• 市場ハイライト

第3章 市場概要

• 市場規模と成長可能性
• 市場動向
• 市場促進要因
• 市場抑制要因
• 市場機会
• ポーターのファイブフォース分析

第4章 バンカー燃料市場：燃料の種類別

• 重油
• 舶用ガス油
• 液化天然ガス
• バイオディーゼル

第5章 バンカー燃料市場：船舶の種類別

• コンテナ
• バルクキャリア
• タンカー
• 一般貨物

第6章 バンカー燃料市場：民間流通業者別

• 大手石油会社
• 大手独立系
• 小規模独立系

第7章 地域別分析

• 北米
• 米国
• カナダ
• メキシコ
• 欧州
• 英国
• ドイツ
• フランス
• イタリア
• アジア太平洋
• 中国
• 日本
• インド
• オーストラリア
• ラテンアメリカ
• ブラジル
• アルゼンチン
• チリ
• 中東・アフリカ
• 南アフリカ
• サウジアラビア
• アラブ首長国連邦

第8章 市場力学

• 市場促進要因
• 市場抑制要因
• 市場機会
• 新型コロナウイルス感染症 (COVID-19) の市場への影響

第9章 競合情勢

• 主要企業
• 市場シェア分析

第10章 企業プロファイル

• ExxonMobil Corporation
• Royal Dutch Shell plc
• Gazpromneft Marine Bunker LLC
• BP PLC
• Lukoil-Bunker LLC
• KPI Bridge Oil A/S
• Chemoil Energy Limited
• Bunker Holding A/S
• Gac Bunker Fuels Ltd.

第10章 市場の展望と機会

• 新興技術
• 今後の市場動向
• 投資機会

第11章 市場展望：付録

• 略語リスト
• 出典と参考文献

Bunker Fuel Market Valuation - 2026-2032

The demand for bunker fuel is gradually expanding due to a number of causes. Global trade continues to expand, resulting in an increase in maritime transportation. As more commodities are moved across oceans, the need for bunker fuel, which powers ships, rises accordingly. The IMO's standards for reducing sulfur emissions from ships have had a considerable impact on the industry. The market size surpass USD 124.96 Billion valued in 2024 to reach a valuation of around USD 168.97 Billion by 2032.

These requirements have compelled many ship owners to switch to cleaner fuels, such as VLSFO, which can be more expensive than HSFO. This has boosted the total demand for bunker fuel while decreasing the demand for HSFO. The growing popularity of LNG as a marine fuel, while still in its early stages, is contributing to an overall increase in bunker fuel demand as shipowners seek alternate fuels. The rising demand for cost-effective and efficient bunker fuel is enabling the market grow at a CAGR of 4.24% from 2026 to 2032.

Bunker Fuel Market: Definition/ Overview

Bunker fuel, often known as marine fuel, is a type of fuel oil used largely to power ships and boats. It includes a variety of fuels, such as heavy fuel oil (HFO) and marine diesel oil (MDO), which are distinguished by their high viscosity and density. Bunker fuel is essential for maritime transportation as it provides the energy required for large cargo ships, tankers, and fishing vessels to function properly. The type of bunker fuel used is frequently determined by the type of vessel, operational requirements, and pollution regulations, which have resulted in a rising emphasis on cleaner alternatives in recent years.

Bunker fuel is projected to evolve dramatically as environmental restrictions aimed at lowering shipping-related greenhouse gas emissions increase. The International Maritime Organization (IMO) has set lofty goals to reduce emissions by at least 50% by 2050 compared to 2008 levels, resulting in a shift toward cleaner fuels including LNG (liquefied natural gas), hydrogen, and biofuels.

Advancements in fuel technology and carbon capture and storage (CCS) systems may play an important role in reducing the environmental impact of bunker fuels. As the maritime industry embraces sustainability, the development and adoption of innovative bunker fuel alternatives will undoubtedly shape the future of global shipping, ensuring compliance with stringent regulations while meeting the growing demand for efficient and environmentally friendly maritime operations.

Will the Increasing Global Seaborne Trade Drive the Bunker Fuel Market?

The growing globally seaborne trade will propel the Bunker Fuel Market. The UNCTAD Review of Maritime Transport 2024 reports that globally seaborne trade volume reached 11.5 billion tons in 2022, up 1.4% from the previous year. This growth trend is expected to continue, with an annual growth rate of 2.1% between 2024 and 2028, resulting in increased demand for bunker fuel. As more goods are transported by maritime routes, the demand on bunker fuel to power ships will grow, making it an essential component of the shipping industry's operating efficiency.

The expansion of the global maritime fleet will propel the Bunker Fuel Market. Clarksons Research highlights the fleet's continuous growth, reporting that the global fleet reached 2.3 billion deadweight tons (dwt) in January 2024, a 3.2% increase over the previous year. This growth in fleet size is directly related to increased bunker fuel consumption, as more vessels require fuel for their operations. The need for bunker fuel is likely to rise alongside the rising shipping fleet, propelling the industry forward.

Will the Environmental Regulations Impact the Growth of the Bunker Fuel Market?

Environmental regulations will have a substantial impact on the growth of the Bunker Fuel Market. Stricter emissions rules set by the International Maritime Organization (IMO) to reduce greenhouse gas emissions from shipping are driving the industry toward cleaner fuel choices. As regulations like the IMO 2020 sulfur cap limit sulfur content in marine fuels to 0.5%, ship operators are increasingly resorting to low-sulfur fuels, LNG, and other cleaner alternatives, potentially lowering overall bunker fuel use.

Competition from alternative fuels will have an impact on the growth of the Bunker Fuel Market. As the shipping sector strives to minimize emissions and comply with rigorous environmental requirements, alternatives such as liquefied natural gas (LNG), hydrogen, and biofuels are gaining popularity. These cleaner fuels reduce emissions and align with sustainability goals, prompting shipping businesses to invest in and migrate to these alternatives.

Category-Wise Acumens

Which Factors Propel the Use of the Bunker Fuel Market?

The Bunker Fuel Market has been dominated by Heavy Fuel Oil (HFO), which will continue to drive its segment to some extent. Despite growing environmental laws, HFO remains a cost-effective option for many maritime operators, particularly those who have invested in sulfur scrubbers to fulfill emission standards. In locations with less stringent rules, HFO remains a popular fuel. While demand for HFO may fall in regions with tougher environmental regulations, its historical dominance and cheaper cost relative to other fuels will help it maintain a market presence in the short term.

Heavy Fuel Oil (HFO)'s cost-effectiveness will propel it forward in the Bunker Fuel Market. HFO is often less expensive than other low-sulfur options, making it an appealing choice for shipping businesses trying to reduce fuel expenditures. While environmental rules drive for cleaner fuels, many operators continue to utilize HFO in conjunction with sulfur scrubbers to meet emission limits while taking advantage of its cheaper cost. This affordability helps to sustain demand for HFO, particularly in cost-sensitive regions or industries, despite increasing competition from cleaner fuel options.

Which Factors Boost the Use of the Bunker Fuel Market?

The tanker segment is currently experiencing the fastest growth in the Bunker Fuel Market. Large vessels with significant fuel capacities, such as tankers, will boost the Bunker Fuel Market. Tankers, due to their size and long trips, consume vast amounts of bunker fuel, making them a significant market contributor. Their necessity for large fuel supplies to continue operations over long periods ensures a steady demand for bunker fuel. As global trade and energy transport via tankers develop, their substantial fuel requirements will drive expansion in this area of the Bunker Fuel Market.

Bulk liquid transportation will drive the tanker segment of the Bunker Fuel Market. Tankers are critical for delivering vast amounts of liquid goods, such as crude oil, chemicals, and liquefied natural gas (LNG), across global ocean routes. This high-volume, long-distance transportation necessitates large fuel consumption, resulting in consistent demand for bunker fuel. As global energy and commodities traffic expands, so does the demand for fuel-intensive tanker operations, fueling expansion in the bunker fuel sector.

Country/Region-wise Acumens

Will the Established Infrastructure Accelerate the North American Region for the Bunker Fuel Market?

The North American region is currently dominating the Bunker Fuel Market. The existing infrastructure will drive the North American Bunker Fuel Market. The region's well-developed network of ports, terminals, and storage facilities, which includes over 200 US ports capable of handling deep-draft vessels, provides a solid platform for market expansion. According to the American Association of Port Authorities, USD 163 Billion in infrastructure improvements are planned between 2021 and 2025, which will boost bunkering capacities and facilitate the move to cleaner fuels. The expanding use of LNG as a maritime fuel, with the number of LNG bunkering facilities increasing from one in 2015 to eleven by 2024, fuels this expansion.

Global trade will propel the North American Bunker Fuel Market. North America's substantial role in global maritime commerce, with US waterborne foreign trade reaching USD 1.9 Trillion in 2022 and North American ports processing 2.9 billion tons of cargo, drives demand for bunker fuel to power vessels. The U.S. Maritime Administration predicts that maritime traffic in the United States will rise at a 1.8% annual rate through 2045, boosting fuel need even further. Severe environmental rules in the region, notably in Emission Control Areas (ECAs), are driving the move to low-sulfur fuels, which is helping to alter and develop the industry.

Will the Rapid Economic Growth in the Asian Pacific Region Boost the Expansion of Bunker Fuel Market?

The Asia-Pacific region is experiencing the fastest growth in the Bunker Fuel Market. Rapid economic growth and modernization in the Asia Pacific are major drivers of the Bunker Fuel Market. The Asian Development Bank (ADB) predicts 4.8% economic growth in emerging Asia in 2022, which would fuel increasing maritime trade and drive up demand for bunker fuel. According to the United Nations Economic and Social Commission, for Asia and the Pacific (UNESCAP), Asian ports accounted for around 42% of global container traffic in 2022, and this figure is expected to rise to 50% by 2032, which is directly related to increased bunker fuel usage. China's considerable engagement in maritime activities, which aims to increase its marine sector to 10% of GDP by 2025, exacerbates this demand. The International Energy Agency (IEA) predicts that by 2040, the Asia Pacific area will account for more than half of the global increase in energy demand.

Stricter environmental restrictions are pushing the Bunker Fuel Market in Asia Pacific, increasing demand for cleaner fuels. The International Maritime Organization's sulfur cap of 0.50% for marine fuels, beginning January 1, 2020, has resulted in a considerable shift toward low-sulfur fuel oil (LSFO) and marine gasoil (MGO), which are expected to account for more than 60% of the marine fuel mix by 2025. China's enforcement of this sulfur limit at its major ports reinforces this trend, affecting over 20 million TEUs per year. Forecasts show that up to 40% of marine fuels might be carbon-neutral by 2050, with fast growth in LNG bunkering activities in important hubs such as Singapore.

Competitive Landscape

The Bunker Fuel Market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support.

The organizations are focusing on innovating their product line to serve the vast population in diverse regions.

Some of the prominent players operating in the Bunker Fuel Market include:

ExxonMobil Corporation, Royal Dutch Shell plc, Gazpromneft Marine Bunker LLC, BP PLC, Lukoil-Bunker LLC, KPI Bridge Oil A/S, Chemoil Energy Limited, Bunker Holding A/S, and Gac Bunker Fuels Ltd.

Latest Developments

• In January 2022, Titan LNG won the tender to transport LNG to the Port of Marseille for Corsica Linea's new Ro-Pax LNG-fueled ferry. This agreement marks Titan LNG's entrance into the Mediterranean, increasing the supply of LNG, bioLNG, and, in the long run, hydrogen-derived LNG in the region.
• In November 2022, Nimofast BrasilS.A, a natural gas trader, signed a partnership agreement with the Norwegian company KanferShipping AS. Under the agreement, Nimofast will provide small and medium-scale LNG shipping, small-scale floating storage units (FSU), and LNG bunkering solutions to Kanfer's Brazilian clients.

Bunker Fuel Market, By Category

• Fuel Type:
• Heavy Fuel Oil
• Marine Gas Oil
• Liquefied Natural Gas
• Biodiesel
• Vessel Type:
• Container
• Bulk Carriers
• Tankers
• General Cargo
• Commercial Distributor:
• Major Oil Companies
• Leading Independent
• Small Independent
• Region:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

TABLE OF CONTENTS

1. INTRODUCTION

• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary

• Key Findings
• Market Overview
• Market Highlights

3. Market Overview

• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter's Five Forces Analysis

4. Bunker Fuel Market, By Fuel Type

• Heavy Fuel Oil
• Marine Gas Oil
• Liquefied Natural Gas
• Biodiesel

5. Bunker Fuel Market, By Vessel Type

• Container
• Bulk Carriers
• Tankers
• General Cargo

6. Bunker Fuel Market, By Commercial Distributor

• Major Oil Companies
• Leading Independent
• Small Independent

7. Regional Analysis

• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE

8. Market Dynamics

• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

9. Competitive Landscape

• Key Players
• Market Share Analysis

10. Company Profiles

• ExxonMobil Corporation
• Royal Dutch Shell plc
• Gazpromneft Marine Bunker LLC
• BP PLC
• Lukoil-Bunker LLC
• KPI Bridge Oil A/S
• Chemoil Energy Limited
• Bunker Holding A/S
• Gac Bunker Fuels Ltd.

10. Market Outlook and Opportunities

• Emerging Technologies
• Future Market Trends
• Investment Opportunities

11. Appendix

• List of Abbreviations
• Sources and References