The global tank lorry market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030 from USD 2.6 billion in 2018. The market is driven by the increasing demand for transportation of oil and gas, chemicals, food and beverages across the globe. The growth in demand for tank lorries is also attributed to the increase in construction activities across various regions globally which has led to an increased need for transporting materials such as cement and steel across various regions globally.
The capacity below 3000 gallons segment accounted for over 50% share of the global tank lorry market in 2018 owing to its high demand among small-scale industries such as food processing plants, chemical plants, breweries etc, which require low-capacity vehicles with less fuel consumption rates than those required by large-scale industries such as oil refineries or petrochemical plants that require higher capacity vehicles with higher fuel consumption rates.
Some Of The Growth Factors Of This Market:
- The increasing demand for fuel-efficient vehicles.
- The need to reduce the carbon footprint of transport.
- The need to reduce the cost of transporting goods.
- Increasing urbanization and population growth in developing countries.
- Increasing demand for oil.
Industry Growth Insights published a new data on “Tank Lorry Market”. The research report is titled “Tank Lorry Market research by Types (Capacity Below 3000 Gallons, Capacity 3000 to 6000 Gallons, Capacity Above 6000 Gallons), By Applications (Oil and Gas, Chemicals, Food and Beverages, Others), By Players/Companies EnTrans International, MAC Trailer Manufacturing, Amthor, Seneca Tank, Tremcar, Oilmens, Westmor, Burch Tank & Truck, ACE Nanochem, HYUNDAI Motor Company, Dongguan Yongqiang Vehicles Manufacturing, Isuzu”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tank Lorry 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, Others
By Companies
EnTrans International, MAC Trailer Manufacturing, Amthor, Seneca Tank, Tremcar, Oilmens, Westmor, Burch Tank & Truck, ACE Nanochem, HYUNDAI Motor Company, Dongguan Yongqiang Vehicles Manufacturing, Isuzu
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Tank Lorry Market Report Segments:
The global Tank Lorry 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, Others
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
- ACE Nanochem
- HYUNDAI Motor Company
- Dongguan Yongqiang Vehicles Manufacturing
- Isuzu
Highlights of The Tank Lorry 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
- Others
- 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 Tank Lorry 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.
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- 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 tank lorry is a large, heavy truck that is designed to transport tanks and other armored vehicles.
Some of the major players in the tank lorry market are EnTrans International, MAC Trailer Manufacturing, Amthor, Seneca Tank, Tremcar, Oilmens, Westmor, Burch Tank & Truck, ACE Nanochem, HYUNDAI Motor Company, Dongguan Yongqiang Vehicles Manufacturing, Isuzu.
The tank lorry market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tank Lorry 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. Tank Lorry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tank Lorry Market - Supply Chain
4.5. Global Tank Lorry Market Forecast
4.5.1. Tank Lorry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tank Lorry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tank Lorry Market Absolute $ Opportunity
5. Global Tank Lorry 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. Tank Lorry Market Size and Volume Forecast by Type
5.3.1. Capacity Below 3000 Gallons
5.3.2. Capacity 3000 to 6000 Gallons
5.3.3. Capacity Above 6000 Gallons
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tank Lorry 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. Tank Lorry Market Size and Volume Forecast by Application
6.3.1. Oil and Gas
6.3.2. Chemicals
6.3.3. Food and Beverages
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tank Lorry 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. Tank Lorry 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 Tank Lorry 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. Tank Lorry 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 Tank Lorry Demand Share Forecast, 2019-2026
9. North America Tank Lorry 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 Tank Lorry 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 Tank Lorry Market Size and Volume Forecast by Application
9.4.1. Oil and Gas
9.4.2. Chemicals
9.4.3. Food and Beverages
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tank Lorry Market Size and Volume Forecast by Type
9.7.1. Capacity Below 3000 Gallons
9.7.2. Capacity 3000 to 6000 Gallons
9.7.3. Capacity Above 6000 Gallons
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 Tank Lorry Demand Share Forecast, 2019-2026
10. Latin America Tank Lorry 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 Tank Lorry 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 Tank Lorry Market Size and Volume Forecast by Application
10.4.1. Oil and Gas
10.4.2. Chemicals
10.4.3. Food and Beverages
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tank Lorry Market Size and Volume Forecast by Type
10.7.1. Capacity Below 3000 Gallons
10.7.2. Capacity 3000 to 6000 Gallons
10.7.3. Capacity Above 6000 Gallons
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 Tank Lorry Demand Share Forecast, 2019-2026
11. Europe Tank Lorry 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 Tank Lorry 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 Tank Lorry Market Size and Volume Forecast by Application
11.4.1. Oil and Gas
11.4.2. Chemicals
11.4.3. Food and Beverages
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tank Lorry Market Size and Volume Forecast by Type
11.7.1. Capacity Below 3000 Gallons
11.7.2. Capacity 3000 to 6000 Gallons
11.7.3. Capacity Above 6000 Gallons
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Atractiveness/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 Tank Lorry Demand Share, 2019-2026
12. Asia Pacific Tank Lorry 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 Tank Lorry 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 Tank Lorry Market Size and Volume Forecast by Application
12.4.1. Oil and Gas
12.4.2. Chemicals
12.4.3. Food and Beverages
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tank Lorry Market Size and Volume Forecast by Type
12.7.1. Capacity Below 3000 Gallons
12.7.2. Capacity 3000 to 6000 Gallons
12.7.3. Capacity Above 6000 Gallons
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 Tank Lorry Demand Share, 2019-2026
13. Middle East & Africa Tank Lorry 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 Tank Lorry 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 Tank Lorry Market Size and Volume Forecast by Application
13.4.1. Oil and Gas
13.4.2. Chemicals
13.4.3. Food and Beverages
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tank Lorry Market Size and Volume Forecast by Type
13.7.1. Capacity Below 3000 Gallons
13.7.2. Capacity 3000 to 6000 Gallons
13.7.3. Capacity Above 6000 Gallons
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 Tank Lorry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tank Lorry Market: Market Share Analysis
14.2. Tank Lorry Distributors and Customers
14.3. Tank Lorry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. EnTrans International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. MAC Trailer Manufacturing
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Amthor
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Seneca Tank
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tremcar
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Oilmens
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Westmor
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Burch Tank & Truck
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ACE Nanochem
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 Motor Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Dongguan Yongqiang Vehicles Manufacturing
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Isuzu
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
