LNG Bunkering Industry Report 2025: Market to Reach $46.5 Billion by 2034 from $2.9 Billion -
The LNG bunkering market, valued at USD 2.9 billion in 2025, is projected to grow at a 35.9% CAGR, reaching USD 46.5 billion by 2034, driven by decarbonization efforts and strict emissions regulations. Key factors include expanding infrastructure, technological advances, regional hubs, and dual-fuel vessel use.
Lng Bunkering Market
Dublin, June 13, 2025 (GLOBE NEWSWIRE) -- The "Lng Bunkering Market 2025-2034" has been added to ResearchAndMarkets.com's offering.The Liquefied Natural Gas (LNG) bunkering market is poised for significant growth, expecting to expand from a valuation of USD 2.9 billion in 2025 to global sales of USD 46.5 billion by 2034, with an impressive compound annual growth rate (CAGR) of 35.9%. This market is essential to the maritime industry as it moves towards environmentally-friendly fuels, propelled by regulations like IMO 2020 that aim at reducing greenhouse gas emissions.
LNG bunkering involves supplying LNG as a cleaner alternative fuel to traditional heavy oil used by ships. LNG reduces harmful emissions, such as sulfur oxides, nitrogen oxides, and particulate matter, supporting cleaner marine operations. The market's infrastructure encompasses bunkering vessels, onshore storage terminals, and truck-to-ship delivery systems, thus supporting various marine vessels operating globally.
In response to policy changes and the growing adoption of LNG-fueled ships, the market saw rapid expansion in 2024. Infrastructure enhancements took place at pivotal ports across Europe, North America, and Asia-Pacific, incorporating dedicated barges and mobile refueling units. The demand for dual-fuel ships increased among logistics and cruise companies, demonstrating solid market confidence in LNG's role as a transition fuel.
Technological advancements in cryogenic systems and fuel monitoring have improved operations, while industry collaborations have promoted LNG as a standard marine fuel choice. As market dynamics evolve and regional LNG hubs solidify, integrating bio-LNG and e-LNG will enhance the sector's sustainability profile. The maturing frameworks for carbon pricing bolster LNG's appeal over traditional fuels, though exploration of alternatives like hydrogen and ammonia may impact its future role.
Your Takeaways From this Report:
Global LNG Bunkering market size and growth projections (CAGR), 2024-2034
Impact of geopolitical and economic changes on LNG Bunkering's supply chain.
LNG Bunkering market share and outlook across diverse regions and countries.
Analysis of key products, applications, and end-user growth projections.
Evaluation of market trends, drivers, restraints, and opportunities.
Porter's Five Forces analysis and technological developments.
LNG Bunkering trade and value chain insights, including price trends.
Profiles and strategies of leading industry companies.
LNG Bunkering market news and developments.
Key Insights LNG Bunkering Market:
Growth in LNG bunkering infrastructure at key global ports reduces refueling delays.
Dual-fuel vessel adoption across various shipping segments is increasing LNG demand.
Digital systems enhance safety and efficiency in bunkering operations.
Bio-LNG and synthetic LNG integrate into sustainable marine fuel strategies.
Collaboration between port authorities and suppliers streamlines LNG logistics.
Compliance with stringent emissions regulations promotes LNG adoption.
LNG offers superior lifecycle costs and emissions benefits compared to traditional marine fuels.
Government incentives are driving LNG infrastructure and vessel retrofit developments.
Shipping industry's ESG commitments accelerate LNG's role in decarbonization.
High infrastructure costs challenge adoption in smaller ports.
Rise of zero-carbon fuels introduces uncertainties for LNG's long-term role.
LNG Bunkering Market Segmentation:
By Type
Terminal To Ship
Truck To Ship
By End-User
Yachts
Cruise Ships
Ferries and OSVs
Bulk And General Cargo Fleets
Other End-Users
By Geography
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Key Attributes:
Report Attribute
Details
No. of Pages
150
Forecast Period
2025 - 2034
Estimated Market Value (USD) in 2025
$2.9 Billion
Forecasted Market Value (USD) by 2034
$46.5 Billion
Compound Annual Growth Rate
35.8%
Regions Covered
Global
Companies Featured
LyondellBasell Industries NV
Mitsubishi Chemical Group Corporation
BASF SE
Eastman Chemical Company
Ashland
Inc., World Fuel Services
Crowley Maritime Corporation
SHV Energy
Engie SA
Gaz-System
Petrochina
ENN Energy Holdings Limited
Sinopec
Guanghui Energy Company Limited
Woodside Energy
Santos Ltd
Nauticor GmbH & Co. KG
Engas
Edison S.p.A
LNG Croatio LLC
Klaipedos Nafta AB
Blue Grid Gas & Power
Polskie LNG S.A
Eagle LNG Partners
Pivotal LNG Inc
FortisBC
NorthStar Holdco Energy LLC
Conrad Shipyards LLC
TOTO Maritime
Petrobras
Golar Power
YPF
Qatar Petroleum
ADNOC LNG
RasGas Company Limited
The Spanish Egyptian Gas Company
Damietta LNG Co
Petroliam Nasional Berhad
Sonatrac
For more information about this report visit https://www.researchandmarkets.com/r/4z5oat
About ResearchAndMarkets.comResearchAndMarkets.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.
Attachment
Lng Bunkering Market
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Venture Global (VG) Extends Rally on $28-B LNG Facility
We recently published a list of . In this article, we are going to take a look at where Venture Global, Inc. (NYSE:VG) stands against other top-performing companies on Tuesday. Venture Global rallied by 8.37 percent on Tuesday to end at $17.04 apiece as investors resumed bargain-hunting following the commencement of its $28 billion liquefied natural gas (LNG) facility in Louisiana. Called the CP2 LNG, the facility will sit on a 1,150-acre site in Cameron Parish and is expected to be able to export at least 20 million tons of LNG per annum. According to the company, the new facility is also expected to generate 10,500 jobs, of which 7,500 will start during the construction, and 3,000 upon commercial operations. It is also expected to pay more than $4 billion in local property taxes once the LNG comes into full swing. A deep sea tanker vessel laden with liquified natural gas, contrailing a majestic stream of white smoke. Venture Global, Inc. (NYSE:VG) said it targets to kick off commercial operations in 2027. The facility is expected to make Venture Global, Inc. (NYSE:VG) the largest LNG exporter in the US, and the second largest in the world. Overall, VG ranks 2nd on our list of top-performing companies on Tuesday. While we acknowledge the potential of VG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
3 hours ago
- Business Upturn
KBW Announces Index Rebalancing for Second-Quarter 2025
NEW YORK, June 13, 2025 (GLOBE NEWSWIRE) — Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the second quarter of 2025. This quarter, there are constituent changes within one of our indexes: KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). These changes will be effective prior to the opening of business on Monday, June 23, 2025. As part of this rebalancing, below are the component-level changes across impacted indices: KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX; ETF Ticker: KBWY) Drop (1) : SITE Centers Corp. (NYSE: SITC) Several of the KBW Nasdaq indexes have tradable exchange‐traded funds licensed: KBW Nasdaq Bank Index (Index Ticker: BKXSM, ETF Ticker: KBWBSM); KBW Nasdaq Capital Markets Index (Index Ticker: KSXSM); KBW Nasdaq Insurance Index (Index Ticker: KIXSM); KBW Nasdaq Regional Banking Index (Index Ticker: KRXSM, ETF Ticker: KBWRSM); KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDXSM, ETF Ticker: KBWDSM); KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYXSM, ETF Ticker: KBWYSM); KBW Nasdaq Property and Casualty Insurance Index (Index Ticker: KPXSM, ETF Ticker: KBWPSM); KBW Nasdaq Global Bank Index (Index Ticker: GBKXSM); KBW Nasdaq Financial Technology Index (Index Ticker: KFTXSM, ETF Ticker: Not all of the listed securities may be suitable for retail investors; in addition, not all of the listed securities may be available to U.S. investors. European investors interested in FTEK LN can contact Invesco at U.S. investors cannot buy or hold FTEK LN. An investor cannot invest directly in an index. About KBW KBW (Keefe, Bruyette & Woods, Inc., operating in the U.S., and Stifel Nicolaus Europe Limited, also trading as Keefe, Bruyette & Woods Europe, operating in Europe) is a Stifel company. Over the years, KBW has established itself as a leading independent authority in the banking, insurance, brokerage, asset management, mortgage banking and specialty finance sectors. Founded in 1962, the firm maintains industry‐leading positions in the areas of research, corporate finance, mergers and acquisitions as well as sales and trading in equities securities of financial services companies. Media Contact Neil Shapiro, (212) 271-3447 [email protected]
Business Upturn
3 hours ago
- Business Upturn
Insta Graphic Systems Unveils Essential 2025 Heat Press Buyers Guide for Printers Seeking Precision and Reliability
Cerritos, June 13, 2025 (GLOBE NEWSWIRE) — Cerritos, California – Insta Graphic Systems has announced the release of their eagerly awaited 2025 Heat Press Buyers Guide. This guide is aimed at commercial printers and businesses planning to invest in dependable heat press machines. Recently shared in the company's latest blog post, it offers an in-depth examination of various products, technologies, and the benefits of different heat press machines. The guide also discusses the perks of using a Manual Heat Press. With more than 65 years of experience, Insta Graphic Systems knows what the industry needs. Their goal is to help businesses make smart choices when picking heat press equipment. The guide includes detailed comparisons, specs, and suggestions that show off the company's wide range of manual, automatic, specialty, and sublimation heat presses, which can be explored further on their official website. 'In a field where precision and reliability are crucial, we're thrilled to offer our 2025 Heat Press Buyers Guide,' says a Media Relations representative from Insta Graphic Systems. 'We aim to arm our customers with the knowledge needed to pick the right equipment for their needs. We get the challenges commercial printers face, and this guide is our way of helping them achieve great results with our variety of heat press machines.' The guide highlights the importance of heat and pressure consistency as well as machine durability. These factors are key for businesses in the customization sector. By understanding these elements, companies can improve the quality of their products, whether they're working on team sports gear, eco-friendly products, or industrial workwear. Further information on these applications and products can be found on their comprehensive website. Manual Heat Press machines take a prominent spot in the guide. Known for being simple and cost-effective, they're ideal for new businesses or those who prefer direct control. The guide explains how these manual machines let users perfect applying the right pressure, temperature, and timing for different materials and designs. This hands-on approach is important for making sure printed designs last without needing extra equipment like air compressors. Insta Graphic Systems also stresses their commitment to sustainable practices in the guide. It mentions their eco-friendly manufacturing and the long life of their machines, which can function efficiently for over 20 years. Their focus on sustainability not only shows their commitment to the environment but also offers businesses a chance to cut down operational costs over time. The guide also features a resource section from Insta Graphic Systems. It includes troubleshooting guides, specifications, comparison charts, and educational videos. These resources aim to improve user experience and help customers get the most out of their heat press machines. Customers can access these resources, including videos and blogs, on the company's website to enhance their understanding and application of heat transfer technology. 'This guide isn't just a product overview; it's a learning tool,' adds the Media Relations representative. 'By providing this info to our customers, we're supporting their needs and encouraging a deeper understanding of the heat press world. We want to help our partners grow and thrive with technology designed to last.' With the release of the 2025 Heat Press Buyers Guide, Insta Graphic Systems reinforces their role as leaders in making heat press machines and custom heat transfers. The company's focus on innovation, quality, and customer support shines through in this guide, promising to be a valuable resource for commercial printers and businesses everywhere. The guide can be easily accessed through the company's official website, underscoring their ongoing mission to aid and enhance the capabilities of the printing industry. Recent News:Insta Graphic Systems Launches Expansion of Heat Transfer Services with Innovative DTF Technology ### For more information about Insta Graphic Systems, contact the company here: Insta Graphic SystemsMedia Relations(562) 526-7802 [email protected] E. 166th Street Cerritos, CA 90703-2431
