Market Overview:
The global composite tanker trucks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for composite tanker trucks from various applications such as phones, base stations, and peripherals. In addition, the growing demand for lightweight and fuel-efficient vehicles is also contributing to the growth of this market.
Product Definition:
A tanker truck is a vehicle that is specifically designed to transport liquids or gases in bulk. The most common type of tanker truck is the composite tanker, which is made up of several smaller tanks that are connected together. This allows the truck to transport a variety of different liquids or gases simultaneously. Composite tankers are important for transporting large quantities of liquid or gas over long distances, and they can also be used for emergency responses.
LCP Substrate:
LCP substrate is a type of composite material that consists of two or more materials, which are combined to form one single product. LCP composite substrates offer several advantages over conventional materials such as low density and specific strength along with high impact resistance. The growth factor in the market for Composite tanker trucks is expected to be positive due to increasing demand from the oil & gas industry coupled with government regulations favoring fuel efficiency and emission reduction across the globe.
PI Substrate:
PI substrate is a type of composite material that consists of two or more types of polymers, which are connected by reinforcing fibers. The most commonly used PI composites are Polyimide-A and Polyamide-Imide (PAI). PAI has the highest usage rate as compared to other composites due to its cost effectiveness and high performance in various environments including arctic, desert, and tropical regions.
Application Insights:
The phones application segment accounted for the largest revenue share in 2016 and is expected to continue its dominance over the forecast period. Phones are considered as a luxury good across various regions and thus demand composite tankers that can withstand rough usage and frequent loading & unloading of phones. The base stations application segment is also expected to witness significant growth during the same period owing to increasing number of wireless users globally, which requires more data carrying capacity in cellular network architecture.
Increasing number of peripheral applications such as gaming consoles, large screen TVs, washing machines & tumble dryers coupled with rising consumer disposable income levels has created a high demand for these products across various regions globally. Asia Pacific will witness growing demand for these products due to rapid urbanization along with growing preference towards Western culture particularly among millennials population in countries like China India Japan etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a significant increase in demand for electronic products, which is likely to drive growth. Furthermore, rising investments by various governments across countries such as China and India are anticipated to boost regional product demand over the next eight years.
The European market was valued at USD X million in 2017 and is projected to grow at an estimated CAGR of XX% from 2018 to 2030 owing high end electronics consumption along with growing base station & peripheral device manufacturing industry across Germany, U.K., France among other Eastern & Central European countries).
North America accounted for a major share of revenue generated by PTFE substrates on account of their increasing use in chemical processing plants along with oil & gas industries (propane production) within U.S.
Growth Factors:
- Increasing demand for composite tanker trucks from the oil and gas industry as a result of the growth in shale gas production
- The increasing demand for lightweight and fuel-efficient vehicles due to stringent emission norms
- The increasing demand for alternative fuel vehicles, such as CNG and LPG, due to their lower emissions compared to diesel vehicles
- The growing popularity of composite tanker trucks among fleet operators owing to their lower operating costs compared to traditional steel tankers
- Technological advancements that have led to the development of more fuel-efficient and lightweight composite tanker trucks
Scope Of The Report
Report Attributes
Report Details
Report Title
Composite Tanker Trucks Market Research Report
By Type
LCP Substrate, PI Substrate, PTFE Substrate, Others
By Application
Phones, Base Stations, Peripherals
By Companies
Daikin, JFE, Doosan, Dupont, Hitachi Chemical, Toyobo, Toray, Kaneka, Kolon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Composite Tanker Trucks Market Report Segments:
The global Composite Tanker Trucks market is segmented on the basis of:
Types
LCP Substrate, PI Substrate, PTFE Substrate, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Phones, Base Stations, Peripherals
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Daikin
- JFE
- Doosan
- Dupont
- Hitachi Chemical
- Toyobo
- Toray
- Kaneka
- Kolon
Highlights of The Composite Tanker Trucks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LCP Substrate
- PI Substrate
- PTFE Substrate
- Others
- By Application:
- Phones
- Base Stations
- Peripherals
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Composite Tanker Trucks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A composite tanker truck is a type of truck that is made up of multiple types of materials, including metal and plastic. This makes the trucks stronger and more durable than traditional trucks made out only of one material.
Some of the major players in the composite tanker trucks market are Daikin, JFE, Doosan, Dupont, Hitachi Chemical, Toyobo, Toray, Kaneka, Kolon.
The composite tanker trucks market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Composite Tanker Trucks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Composite Tanker Trucks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Composite Tanker Trucks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Composite Tanker Trucks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Composite Tanker Trucks Market Size & Forecast, 2020-2028
4.5.1 Composite Tanker Trucks Market Size and Y-o-Y Growth
4.5.2 Composite Tanker Trucks Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 LCP Substrate
5.2.2 PI Substrate
5.2.3 PTFE Substrate
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Phones
6.2.2 Base Stations
6.2.3 Peripherals
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Composite Tanker Trucks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Composite Tanker Trucks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 LCP Substrate
9.6.2 PI Substrate
9.6.3 PTFE Substrate
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Phones
9.10.2 Base Stations
9.10.3 Peripherals
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 LCP Substrate
10.6.2 PI Substrate
10.6.3 PTFE Substrate
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Phones
10.10.2 Base Stations
10.10.3 Peripherals
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 LCP Substrate
11.6.2 PI Substrate
11.6.3 PTFE Substrate
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Phones
11.10.2 Base Stations
11.10.3 Peripherals
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 LCP Substrate
12.6.2 PI Substrate
12.6.3 PTFE Substrate
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Phones
12.10.2 Base Stations
12.10.3 Peripherals
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 LCP Substrate
13.6.2 PI Substrate
13.6.3 PTFE Substrate
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Phones
13.10.2 Base Stations
13.10.3 Peripherals
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Composite Tanker Trucks Market: Competitive Dashboard
14.2 Global Composite Tanker Trucks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Daikin
14.3.2 JFE
14.3.3 Doosan
14.3.4 Dupont
14.3.5 Hitachi Chemical
14.3.6 Toyobo
14.3.7 Toray
14.3.8 Kaneka
14.3.9 Kolon
