Market Scenario
Global Bunker Fuel Market was valued US $ 100.8 bn in 2017 and is expected to reach US$ 160.02 bn by 2026, at a CAGR of 6.05 % during a forecast period.
Global bunker fuel market is segmented into fuel grade, seller type, end user and geography. Based on fuel grades, the bunker fuel market is categorized into marine gas oil/marine diesel oil (MGO/MDO), intermediate fuel oil (IFO) 380, IFO 180 and IFO Others. On the basis of seller type, the bunker fuel market is categorized into oil producers, large independent distributors, and small independent distributors.