The Australia bunker fuel market size is projected to grow at a CAGR of 7.90% between 2025 and 2034.
Base Year
Historical Year
Forecast Year
The transition toward cleaner fuels, including low-sulphur options, impacts the bunker fuel market growth.
Stringent regulations by the International Maritime Organisation (IMO) have led to a shift away from high-sulphur fuels.
Australia, being a major maritime nation, closely monitors market trends to ensure compliance and sustainable shipping practices.
Key players in the market are Dan-Bunkering Ltd., Bailey’s Marine Fuels, and S&P Global Inc.
Value in USD Million
2025-2034
Australia Bunker Fuel Market Outlook
*this image is indicative*
The maritime industry in Australia is actively exploring cleaner and more sustainable alternatives to traditional bunker fuel. Initiatives to reduce emissions and comply with environmental regulations are driving the adoption of greener maritime fuels. The industry's focus on reducing the use of residual fuel oil and exploring alternatives like LNG reflects a broader trend towards environmental sustainability in the maritime sector. Australia being a major LNG producer has many LNG bunkering facilities and agreements to produce low carbon LNG marine bunker fuel, which is further promoting the Australia bunker fuel market growth.
The increasing number of ferries and Offshore Support Vessels (OSVs) in Australia is propelling the demand for LNG-fuelled fleets. Government regulations on emissions and the economic benefits of using LNG as a fuel are driving Australia bunker fuel market share in the global market. Investments in offshore wind energy and oil and gas production are further contributing to the growth of LNG bunkering in Australia. This trend is expected to continue driving the demand for LNG bunkering facilities in the country.
General cargo vessels, crucial for transporting various goods, typically use a combination of Marine Diesel Oil (MDO), High Sulphur Fuel Oil (HSFO), Liquefied Natural Gas (LNG), and Very Low Sulphur Fuel Oil (VLSFO) based on their engine requirements and emission standards. MDO is a common choice for general cargo vessels, whereas HSFO, once widely used in the maritime industry, is now being phased out due to its high sulphur content. Vessels like bulk carriers and gas tankers are transitioning towards cleaner alternatives like VLSFO and LNG to comply with environmental regulations.
Australia Bunker Fuel Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Fuel Type
Market Breakup by Vessel Type
Market Breakup by Commercial Distributor
Market Breakup by Region
Market players are concentrating on providing essential fuel sources to support the maritime industry's operations and ensure efficient transportation across Australian waters.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is expected to grow at a CAGR of 7.90% between 2025 and 2034.
The market is being driven due to the increasing demand for cleaner and more environmentally friendly fuels, driven by stringent regulations on marine pollution and a global shift towards sustainable energy sources.
The market is witnessing expansion due to rising oil and gas exploration activities, hydrogen resource development in offshore areas, and the need for cleaner fuel options in the shipping industry. Additionally, advancements in technology, such as the adoption of IoT and smart features for remote monitoring and control, are shaping the market by enhancing operational efficiency.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Different types of vessels in the market are general cargo, gas tanker, bulk carrier, chemical tanker, fishing vessels, among others.
Based on commercial distributor, the market segmentations include small independent distributor, oil majors, large independent distributor, among others.
Marine Diesel Oil (MDO), High Sulphur Fuel Oil (HSFO), Liquefied Natural Gas (LNG), and Very Low Sulphur Fuel Oil (VLSFO) are considered in the report.
Key players in the market are Viva Energy Australia Pty Ltd, Dan-Bunkering Ltd., Bailey’s Marine Fuels, and S&P Global Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Fuel Type |
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| Breakup by Vessel Type |
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| Breakup by Commercial Distributor |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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Philippines
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+63-287-899-028, +63-967-048-3306
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Vietnam
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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