LNG Bunkering Global Market Worth Billions by 2027

The ‘LNG Bunkering – Global Market Trajectory & Analytics’ report has been added to ResearchAndMarkets.com’s offering. Amid the COVID-19 crisis, the global market for LNG bunkering, estimated at US$761.3 million in the year 2020, is projected to reach a revised size of US$4.9 billion by 2027, growing at a CAGR of 30.3% over the analysis period 2020 – 2027.

Ferry & Ro-Ro, one of the segments analysed in the report, is projected to grow at a 28.6% CAGR to reach US$1.9 billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Tanker segment is readjusted to a revised 30.3% CAGR for the next 7-year period. This segment currently accounts for a 22.9% share of the global LNG bunkering market…

View entirety: LNG Industry