Market Overview:
The global oil tank trailer and semi-trailer 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 crude oil, diesel, and gasoline transportation across the globe. Additionally, the growing awareness about environment-friendly fuel options is also propelling the growth of this market. The aluminum tank segment is projected to grow at a higher CAGR than other segments during the forecast period from 2018 to 2030. This can be attributed to its properties such as light weight and corrosion resistance that make it suitable for transportation of various types of oils.
Product Definition:
An oil tanker or petroleum tanker is a tank truck designed to transport gasoline, diesel fuel, crude oil, or other liquid hydrocarbons. Oil tank trailers and semi-trailers are important for the transportation of fuels across the United States.
Aluminum Tank:
Aluminum tank is a cylindrical container made from aluminum. It is widely used in the transportation industry for carrying fuel and other liquids. The market size of aluminum tank trailer and semi-trailer market was valued at USD 27,500 million in 2016.
Stainless Steel Tank:
Stainless steel tank is a closed-cell structure made from one or more layers of stainless steel. It is designed to carry and store flammable liquids, such as fuel oil, gasoline, diesel oil and others. The basic design consists of a top plate, bottom plate (or plates), internal welded channels for gas/liquid flow purpose and external cladding (if required).
Application Insights:
The crude oil transportation segment led the global market in 2017 and is projected to expand further at a steady CAGR over the forecast period. The growth can be attributed to growing demand for on-highway diesel engines across various industries including construction, mining, agriculture and logistics. Furthermore, increasing investments by companies such as BP plc, Statoil ASA and Repsol S.A are expected to drive growth over the coming years.
Diesel transportation segment is also anticipated to witness significant growth owing to rising demand from end-use industries such as power generation and automotive sector across various regions of the world including North America & Europe Asia Pacific Africa Middle East & Central America Brazil). Increasing use of heavy trucks for transporting goods between cities along with growing urbanization in developing countries such as India China 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 rise in demand for transportation of crude oil owing to increasing production of oil across various countries such as China, India, Indonesia, Thailand and Vietnam. This has led to an increase in number of ships using OTTs/ASTs for carrying crude oil which will further boost growth over the next eight years.
North America emerged as the second-largest regional market due to high demand from U.S., Canada and Mexico for carrying petroleum products including gasoline and diesel from refineries located along Gulf Coast mainly Saudi Arabia, UAE & Kuwait on account of easy access through waterways across these countries coupled with lower shipping cost compared to other modes such as pipeline or road transport which will drive growth further. In addition, growing shale gas exploration activities coupled with favorable government regulations regarding marine fuel standards is anticipated to augment industry size over next eight years especially within U.S.
Growth Factors:
- Increasing demand for oil and gas across the globe
- Growing investments in infrastructure development
- Proliferation of e-commerce and rise in online retail sales
- Rising demand for transportation of goods and commodities
- Technological advancements in trucking industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil Tank Trailer and Semi-Trailer Market Research Report
By Type
Aluminum Tank, Stainless Steel Tank
By Application
Crude Oil Transportation, Diesel Transportation, Gasoline Transportation
By Companies
Wabash National, Schmitz Cargobull, Great Dane, Doepker Industries, Schwarzmueller Group, Liangshan Huayu, Stoughton, Fontaine, FAW Siping, Hyundai Translead, Hebei Shunjie, Xiamen XGMA, Fahrzeugwerk Bernard Krone, CIMC, Lamberet SAS, Utility Trailer, Liangshan Huitong, Anhui Kaile, Sinotruk, Manac, Kurt Willig, Krone, Kogel, WIELTON, TIRSAN, Mammut Industries, Gorica
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Oil Tank Trailer and Semi-Trailer Market Report Segments:
The global Oil Tank Trailer and Semi-Trailer market is segmented on the basis of:
Types
Aluminum Tank, Stainless Steel Tank
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
Crude Oil Transportation, Diesel Transportation, Gasoline Transportation
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:
- Wabash National
- Schmitz Cargobull
- Great Dane
- Doepker Industries
- Schwarzmueller Group
- Liangshan Huayu
- Stoughton
- Fontaine
- FAW Siping
- Hyundai Translead
- Hebei Shunjie
- Xiamen XGMA
- Fahrzeugwerk Bernard Krone
- CIMC
- Lamberet SAS
- Utility Trailer
- Liangshan Huitong
- Anhui Kaile
- Sinotruk
- Manac
- Kurt Willig
- Krone
- Kogel
- WIELTON
- TIRSAN
- Mammut Industries
- Gorica
Highlights of The Oil Tank Trailer and Semi-Trailer 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:
- Aluminum Tank
- Stainless Steel Tank
- By Application:
- Crude Oil Transportation
- Diesel Transportation
- Gasoline Transportation
- 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 Oil Tank Trailer and Semi-Trailer 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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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- 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?
An oil tank trailer or semi-trailer is a large, heavy vehicle designed to transport oil and other petroleum products.
Some of the key players operating in the oil tank trailer and semi-trailer market are Wabash National, Schmitz Cargobull, Great Dane, Doepker Industries, Schwarzmueller Group, Liangshan Huayu, Stoughton, Fontaine, FAW Siping, Hyundai Translead, Hebei Shunjie, Xiamen XGMA, Fahrzeugwerk Bernard Krone, CIMC, Lamberet SAS, Utility Trailer, Liangshan Huitong, Anhui Kaile, Sinotruk, Manac, Kurt Willig, Krone, Kogel, WIELTON, TIRSAN, Mammut Industries, Gorica.
The oil tank trailer and semi-trailer market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oil Tank Trailer and Semi-Trailer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Oil Tank Trailer and Semi-Trailer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Oil Tank Trailer and Semi-Trailer Market - Supply Chain
4.5. Global Oil Tank Trailer and Semi-Trailer Market Forecast
4.5.1. Oil Tank Trailer and Semi-Trailer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Oil Tank Trailer and Semi-Trailer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Oil Tank Trailer and Semi-Trailer Market Absolute $ Opportunity
5. Global Oil Tank Trailer and Semi-Trailer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Oil Tank Trailer and Semi-Trailer Market Size and Volume Forecast by Type
5.3.1. Aluminum Tank
5.3.2. Stainless Steel Tank
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Oil Tank Trailer and Semi-Trailer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Oil Tank Trailer and Semi-Trailer Market Size and Volume Forecast by Application
6.3.1. Crude Oil Transportation
6.3.2. Diesel Transportation
6.3.3. Gasoline Transportation
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Oil Tank Trailer and Semi-Trailer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Oil Tank Trailer and Semi-Trailer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Oil Tank Trailer and Semi-Trailer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Oil Tank Trailer and Semi-Trailer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Oil Tank Trailer and Semi-Trailer Demand Share Forecast, 2019-2026
9. North America Oil Tank Trailer and Semi-Trailer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Oil Tank Trailer and Semi-Trailer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Oil Tank Trailer and Semi-Trailer Market Size and Volume Forecast by Application
9.4.1. Crude Oil Transportation
9.4.2. Diesel Transportation
9.4.3. Gasoline Transportation
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Oil Tank Trailer and Semi-Trailer Market Size and Volume Forecast by Type
9.7.1. Aluminum Tank
9.7.2. Stainless Steel Tank
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Oil Tank Trailer and Semi-Trailer Demand Share Forecast, 2019-2026
10. Latin America Oil Tank Trailer and Semi-Trailer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Oil Tank Trailer and Semi-Trailer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Oil Tank Trailer and Semi-Trailer Market Size and Volume Forecast by Application
10.4.1. Crude Oil Transportation
10.4.2. Diesel Transportation
10.4.3. Gasoline Transportation
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Oil Tank Trailer and Semi-Trailer Market Size and Volume Forecast by Type
10.7.1. Aluminum Tank
10.7.2. Stainless Steel Tank
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Oil Tank Trailer and Semi-Trailer Demand Share Forecast, 2019-2026
11. Europe Oil Tank Trailer and Semi-Trailer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Oil Tank Trailer and Semi-Trailer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Oil Tank Trailer and Semi-Trailer Market Size and Volume Forecast by Application
11.4.1. Crude Oil Transportation
11.4.2. Diesel Transportation
11.4.3. Gasoline Transportation
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Oil Tank Trailer and Semi-Trailer Market Size and Volume Forecast by Type
11.7.1. Aluminum Tank
11.7.2. Stinless Steel Tank
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Oil Tank Trailer and Semi-Trailer Demand Share, 2019-2026
12. Asia Pacific Oil Tank Trailer and Semi-Trailer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Oil Tank Trailer and Semi-Trailer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Oil Tank Trailer and Semi-Trailer Market Size and Volume Forecast by Application
12.4.1. Crude Oil Transportation
12.4.2. Diesel Transportation
12.4.3. Gasoline Transportation
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Oil Tank Trailer and Semi-Trailer Market Size and Volume Forecast by Type
12.7.1. Aluminum Tank
12.7.2. Stainless Steel Tank
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Oil Tank Trailer and Semi-Trailer Demand Share, 2019-2026
13. Middle East & Africa Oil Tank Trailer and Semi-Trailer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Oil Tank Trailer and Semi-Trailer Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Oil Tank Trailer and Semi-Trailer Market Size and Volume Forecast by Application
13.4.1. Crude Oil Transportation
13.4.2. Diesel Transportation
13.4.3. Gasoline Transportation
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Oil Tank Trailer and Semi-Trailer Market Size and Volume Forecast by Type
13.7.1. Aluminum Tank
13.7.2. Stainless Steel Tank
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Oil Tank Trailer and Semi-Trailer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Oil Tank Trailer and Semi-Trailer Market: Market Share Analysis
14.2. Oil Tank Trailer and Semi-Trailer Distributors and Customers
14.3. Oil Tank Trailer and Semi-Trailer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wabash National
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Schmitz Cargobull
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Great Dane
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Doepker Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Schwarzmueller Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Liangshan Huayu
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Stoughton
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fontaine
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. FAW Siping
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hyundai Translead
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hebei Shunjie
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Xiamen XGMA
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Fahrzeugwerk Bernard Krone
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. CIMC
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Lamberet SAS
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Utility Trailer
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Liangshan Huitong
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Anhui Kaile
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Sinotruk
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Manac
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
