Market Overview:
The global road tanker market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market is segmented by type, application, and region. By type, the market is divided into capacity below 3000 gallons, capacity 3000 to 6000 gallons, and capacity above 6000 gallons. Capacity below 3000 gallon tanks are used for transporting light liquids such as water or gasoline while the larger tanks are used for transporting heavier liquids such as oil or chemicals. The application segment includes oil and gas, chemicals, food and beverages, and other applications. Oil and gas dominates the market with a share of more than 50%. Asia Pacific has the highest growth rate due to increase in demand from countries such as China and India.
Product Definition:
A road tanker is a tanker truck that is designed to transport large quantities of liquids, such as gasoline, diesel fuel and crude oil. Road tankers are an important part of the transportation infrastructure, and they play a critical role in the distribution of fuels and other commodities.
Capacity below 3000 Gallons:
Capacity below 3000 Gallons, it's usage.
The global capacity below 3000 gallons, it's usage and growth factor in the road tanker market is expected to witness significant growth over the forecast period. The demand for bulk transportation of chemicals & fuels has been on a rise globally. Increasing fuel prices have triggered consumers to look for alternative ways of transportation that are cheaper and more efficient.
Capacity 3000 to 6000 Gallons:
The global market for the transportation of liquid bulk is expected to grow at a CAGR of XX% from 2015 to 2022. The growth can be attributed to rising demand in various end-use industries such as power generation, chemicals, and oil & gas. Increasing crude oil production around the globe coupled with growing energy needs is anticipated to drive this industry over the forecast period.
Application Insights:
The oil and gas segment accounted for the largest share in 2016. The demand for tankers used in this application is generally higher as compared to other applications as these vehicles are deployed for long-distance transports of crude oil or refined products. Furthermore, growing exploration activities and production sites across various regions coupled with increasing need to transport petroleum products from remote locations will drive the market growth over the forecast period.
Chemicals are one of the important segments driving industry growth owing to rising demand from construction, mining and manufacturing industries along with government initiatives encouraging adoption of environment-friendly fuel consumption patterns among others factors driving industry penetration across various regions globally such as Asia Pacific Africa Latin America Europe North America Middle East & Africa.
Regional Analysis:
Asia Pacific dominated the global road tanker market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a significant rise in demand for fuel oil as well as chemicals owing to rapid industrialization and urbanization, which was previously attributed only to China. However, due to recent COVID-19 related worldwide lockdown imposed by various governments across the globe such as India, Singapore, Hong Kong etc., trade activities have been halted at many places resulting in an anticipated shortage of petroleum products including gasoline and diesel. This is expected to result in increased demand for resupply of fuels along with other petroleum products such as lubricants and greases from end-use industries such as food processing units/factories/retail outlets among others.
Growth Factors:
- Increasing demand for petroleum products: The growth in the road tanker market is mainly attributed to the increasing demand for petroleum products, especially in developing countries. Road tankers are used to transport these products from refineries and storage terminals to various destinations across the country.
- Rising trade of oil and gas: The global trade of oil and gas has been growing at a rapid pace in recent years, owing to which the need for road tankers has also increased significantly. This is another major factor that is driving the growth of this market.
- Development of new infrastructure: With the development of new infrastructure projects such as airports, seaports, and highways across different parts of the world, there is a corresponding increase in demand for road tankers. These projects require transportation services for various types of goods such as fuel, food items, construction materials etc., which can be fulfilled by road tankers only.
Scope Of The Report
Report Attributes
Report Details
Report Title
Road Tanker Market Research Report
By Type
Capacity below 3000 Gallons, Capacity 3000 to 6000 Gallons, Capacity above 6000 Gallons
By Application
Oil and Gas, Chemicals, Food and Beverages, Other
By Companies
EnTrans International, MAC Trailer Manufacturing, Amthor, Seneca Tank, Tremcar, Oilmens, Westmor, Burch Tank & Truck, EnTrans International
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Road Tanker Market Report Segments:
The global Road Tanker market is segmented on the basis of:
Types
Capacity below 3000 Gallons, Capacity 3000 to 6000 Gallons, Capacity above 6000 Gallons
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
Oil and Gas, Chemicals, Food and Beverages, Other
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:
- EnTrans International
- MAC Trailer Manufacturing
- Amthor
- Seneca Tank
- Tremcar
- Oilmens
- Westmor
- Burch Tank & Truck
- EnTrans International
Highlights of The Road Tanker 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:
- Capacity below 3000 Gallons
- Capacity 3000 to 6000 Gallons
- Capacity above 6000 Gallons
- By Application:
- Oil and Gas
- Chemicals
- Food and Beverages
- Other
- 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 Road Tanker 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
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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 road tanker is a large truck that transports fuel for commercial vehicles.
Some of the key players operating in the road tanker market are EnTrans International, MAC Trailer Manufacturing, Amthor, Seneca Tank, Tremcar, Oilmens, Westmor, Burch Tank & Truck, EnTrans International.
The road tanker market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Road Tanker 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 Road Tanker Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Road Tanker 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 Road Tanker 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 Road Tanker Market Size & Forecast, 2018-2028
4.5.1 Road Tanker Market Size and Y-o-Y Growth
4.5.2 Road Tanker Market Absolute $ Opportunity
Chapter 5 Global Road Tanker 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 Road Tanker Market Size Forecast by Type
5.2.1 Capacity below 3000 Gallons
5.2.2 Capacity 3000 to 6000 Gallons
5.2.3 Capacity above 6000 Gallons
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Road Tanker 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 Road Tanker Market Size Forecast by Applications
6.2.1 Oil and Gas
6.2.2 Chemicals
6.2.3 Food and Beverages
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Road Tanker 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 Road Tanker 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 Road Tanker Analysis and Forecast
9.1 Introduction
9.2 North America Road Tanker 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 Road Tanker Market Size Forecast by Type
9.6.1 Capacity below 3000 Gallons
9.6.2 Capacity 3000 to 6000 Gallons
9.6.3 Capacity above 6000 Gallons
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 Road Tanker Market Size Forecast by Applications
9.10.1 Oil and Gas
9.10.2 Chemicals
9.10.3 Food and Beverages
9.10.4 Other
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 Road Tanker Analysis and Forecast
10.1 Introduction
10.2 Europe Road Tanker 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 Road Tanker Market Size Forecast by Type
10.6.1 Capacity below 3000 Gallons
10.6.2 Capacity 3000 to 6000 Gallons
10.6.3 Capacity above 6000 Gallons
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 Road Tanker Market Size Forecast by Applications
10.10.1 Oil and Gas
10.10.2 Chemicals
10.10.3 Food and Beverages
10.10.4 Other
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 Road Tanker Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Road Tanker 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 Road Tanker Market Size Forecast by Type
11.6.1 Capacity below 3000 Gallons
11.6.2 Capacity 3000 to 6000 Gallons
11.6.3 Capacity above 6000 Gallons
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 Road Tanker Market Size Forecast by Applications
11.10.1 Oil and Gas
11.10.2 Chemicals
11.10.3 Food and Beverages
11.10.4 Other
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 Road Tanker Analysis and Forecast
12.1 Introduction
12.2 Latin America Road Tanker 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 Road Tanker Market Size Forecast by Type
12.6.1 Capacity below 3000 Gallons
12.6.2 Capacity 3000 to 6000 Gallons
12.6.3 Capacity above 6000 Gallons
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 Road Tanker Market Size Forecast by Applications
12.10.1 Oil and Gas
12.10.2 Chemicals
12.10.3 Food and Beverages
12.10.4 Other
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) Road Tanker Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Road Tanker 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) Road Tanker Market Size Forecast by Type
13.6.1 Capacity below 3000 Gallons
13.6.2 Capacity 3000 to 6000 Gallons
13.6.3 Capacity above 6000 Gallons
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) Road Tanker Market Size Forecast by Applications
13.10.1 Oil and Gas
13.10.2 Chemicals
13.10.3 Food and Beverages
13.10.4 Other
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 Road Tanker Market: Competitive Dashboard
14.2 Global Road Tanker Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 EnTrans International
14.3.2 MAC Trailer Manufacturing
14.3.3 Amthor
14.3.4 Seneca Tank
14.3.5 Tremcar
14.3.6 Oilmens
14.3.7 Westmor
14.3.8 Burch Tank & Truck
14.3.9 EnTrans International
