Market Overview:
The global tank trailers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The large size tank trailer segment is expected to dominate the market, accounting for 61% of the market share in 2018. This segment is also expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The oil and gas industry is expected to be the largest application for tank trailers, followed by food industry and chemical industry segments respectively. North America accounted for the largest share of 36% in 2017, while Asia Pacific was projected to be fastest growing region with a CAGR of 6%.
Product Definition:
Tank trailers are used to haul liquids, semi-solid or viscous materials. The tanker trailer is designed to transport these types of cargoes without any leakage. Tank trailers are also equipped with a pump system that allows the driver to discharge the contents of the trailer while it is still attached to the truck tractor unit.
Large Size Tank Trailer:
Large size tank trailer is a vehicle that is used to transport large volume of liquid or gaseous products in bulk. It has features such as superior braking and steering, high load carrying capacity, and enhanced safety measures which make it suitable for long distance transportation of products.
The global large size tank trailer market was valued at USD 1.91 billion in 2016.
Small Size Tank Trailer:
Small size tank trailer is a type of vehicle used to transport tanks, which are either too large or too heavy for road transportation. It can be used in various applications such as oil & gas, chemicals and petrochemical industries. The small size tank trailer market is expected to witness significant growth over the forecast period owing to increasing demand from end-user industries including oil & gas, chemicals and pharmaceuticals among others.
Application Insights:
The oil and gas industry is one of the major application areas driving the global market. The increasing need for crude oil to be transported from remote locations to refineries has led to an increased demand for tank trailers in this sector. In addition, growing investments by companies such as BP, StatoilHydro, Repsol YPF among others in various projects are expected to drive the product demand over the forecast period.
The chemical industry is also anticipated to witness significant growth over the next eight years owing to increasing investments being made there. Companies such as Dow Chemical Company have invested around USD 2 billion annually in R&D activities pertainingto polymers and chemicals which are used across several end-use industries including construction materials and agriculture products among others thus driving growth of these applications globally during this period of time.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to rising investments in various industries such as oil and gas, chemicals, food industry, and others. For instance, in September 2017, Sinopec invested USD X billion for constructing a fuel station with a total capacity of 300 thousand tons per year on China’s largest airport Beijing Capital Airport (PEK). This will help reduce air pollution by reducing reliance on road transportation for petroleum products across China.
Europe is also estimated to witness significant growth over the next eight years owing to increasing demand from countries such as Germany and U.K.
Growth Factors:
- Increasing demand for transportation of oil and gas products
- Growing population and their need for goods transportation
- Development of new infrastructure projects, such as highways and seaports
- Technological advancements in the tank trailer manufacturing industry
- Rising prices of crude oil
Scope Of The Report
Report Attributes
Report Details
Report Title
Tank Trailers Market Research Report
By Type
Large Size Tank Trailer, Small Size Tank Trailer, Large Size Tank Trailer occupies the largest market share segment, accounting for 61%
By Application
Oil and Gas, Food Industry, Chemical Industry, Construction, Agriculture
By Companies
Schmitz Cargobull, CIMC, Schwarzmüller Group, Kassbohrer, Feldbinder, Wabash National Corporation, Crosstand, Willig, Alura Trailer, Linder? Fische, STOKOTA, Amthor International, TANSAN, Welgro
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Tank Trailers Market Report Segments:
The global Tank Trailers market is segmented on the basis of:
Types
Large Size Tank Trailer, Small Size Tank Trailer, Large Size Tank Trailer occupies the largest market share segment, accounting for 61%
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, Food Industry, Chemical Industry, Construction, Agriculture
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:
- Schmitz Cargobull
- CIMC
- Schwarzmüller Group
- Kassbohrer
- Feldbinder
- Wabash National Corporation
- Crosstand
- Willig
- Alura Trailer
- Linder? Fische
- STOKOTA
- Amthor International
- TANSAN
- Welgro
Highlights of The Tank Trailers 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:
- Large Size Tank Trailer
- Small Size Tank Trailer
- Large Size Tank Trailer occupies the largest market share segment, accounting for 61%
- By Application:
- Oil and Gas
- Food Industry
- Chemical Industry
- Construction
- Agriculture
- 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 Trailers 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
- Business Expansion Strategies
- 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?
Tank trailers are large, heavy vehicles that are designed to transport tanks and other armored vehicles.
Some of the major companies in the tank trailers market are Schmitz Cargobull, CIMC, SchwarzmƒÂ¼ller Group, Kassbohrer, Feldbinder, Wabash National Corporation, Crosstand, Willig, Alura Trailer, Linder? Fische, STOKOTA, Amthor International, TANSAN, Welgro.
The tank trailers 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. Tank Trailers 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 Trailers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tank Trailers Market - Supply Chain
4.5. Global Tank Trailers Market Forecast
4.5.1. Tank Trailers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tank Trailers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tank Trailers Market Absolute $ Opportunity
5. Global Tank Trailers 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 Trailers Market Size and Volume Forecast by Type
5.3.1. Large Size Tank Trailer
5.3.2. Small Size Tank Trailer
5.3.3. Large Size Tank Trailer occupies the largest market share segment, accounting for 61%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tank Trailers 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 Trailers Market Size and Volume Forecast by Application
6.3.1. Oil and Gas
6.3.2. Food Industry
6.3.3. Chemical Industry
6.3.4. Construction
6.3.5. Agriculture
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tank Trailers 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 Trailers 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 Trailers 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 Trailers 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 Trailers Demand Share Forecast, 2019-2026
9. North America Tank Trailers 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 Trailers 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 Trailers Market Size and Volume Forecast by Application
9.4.1. Oil and Gas
9.4.2. Food Industry
9.4.3. Chemical Industry
9.4.4. Construction
9.4.5. Agriculture
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tank Trailers Market Size and Volume Forecast by Type
9.7.1. Large Size Tank Trailer
9.7.2. Small Size Tank Trailer
9.7.3. Large Size Tank Trailer occupies the largest market share segment, accounting for 61%
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 Trailers Demand Share Forecast, 2019-2026
10. Latin America Tank Trailers 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 Trailers 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 Trailers Market Size and Volume Forecast by Application
10.4.1. Oil and Gas
10.4.2. Food Industry
10.4.3. Chemical Industry
10.4.4. Construction
10.4.5. Agriculture
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tank Trailers Market Size and Volume Forecast by Type
10.7.1. Large Size Tank Trailer
10.7.2. Small Size Tank Trailer
10.7.3. Large Size Tank Trailer occupies the largest market share segment, accounting for 61%
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 Trailers Demand Share Forecast, 2019-2026
11. Europe Tank Trailers 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 Trailers 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 Trailers Market Size and Volume Forecast by Application
11.4.1. Oil and Gas
11.4.2. Food Industry
11.4.3. Chemical Industry
11.4.4. Construction
11.4.5. Agriculture
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tank Trailers Market Size and Volume Forecast by Type
11.7.1. Large Size Tank Trailer
11.7.2. Small Size Tank Trailer
11.7.3. Large Size Tank Trailer occupies the largest market share segment, accounting for 61%
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 Tank Trailers Demand Share, 2019-2026
12. Asia Pacific Tank Trailers 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 Trailers 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 Trailers Market Size and Volume Forecast by Application
12.4.1. Oil and Gas
12.4.2. Food Industry
12.4.3. Chemical Industry
12.4.4. Construction
12.4.5. Agriculture
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tank Trailers Market Size and Volume Forecast by Type
12.7.1. Large Size Tank Trailer
12.7.2. Small Size Tank Trailer
12.7.3. Large Size Tank Trailer occupies the largest market share segment, accounting for 61%
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 Trailers Demand Share, 2019-2026
13. Middle East & Africa Tank Trailers 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 Trailers 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 Trailers Market Size and Volume Forecast by Application
13.4.1. Oil and Gas
13.4.2. Food Industry
13.4.3. Chemical Industry
13.4.4. Construction
13.4.5. Agriculture
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tank Trailers Market Size and Volume Forecast by Type
13.7.1. Large Size Tank Trailer
13.7.2. Small Size Tank Trailer
13.7.3. Large Size Tank Trailer occupies the largest market share segment, accounting for 61%
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 Trailers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tank Trailers Market: Market Share Analysis
14.2. Tank Trailers Distributors and Customers
14.3. Tank Trailers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schmitz Cargobull
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CIMC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Schwarzmüller Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kassbohrer
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Feldbinder
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Wabash National Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Crosstand
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Willig
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Alura Trailer
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Linder? Fische
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. STOKOTA
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Amthor International
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. TANSAN
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Welgro
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
