Market Overview:
The global tanker cargo ship market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oil and gas products, especially in developing countries. In addition, the increase in maritime trade is also contributing to the growth of this market. The global tanker cargo ship market can be segmented on the basis of type, application and region. On the basis of type, it can be divided into chemical tankers and oil tankers. Chemical tankers are used for transporting various types of chemicals such as petrochemicals, acids and alkalis whereas oil tankers are used for transporting crude oil or petroleum products. On the basis of application, it can be classified into deep sea transportation and offshore transportation segments respectively. Region-wise, it can be segregated into North America, Latin America Europe Asia Pacific Middle East & Africa (MEA). Among these regions North America is anticipated to hold a dominant position during 2018-2030 owing to high demand from developed countries such as U S A Canada Mexico etc .
Product Definition:
A tanker cargo ship is a vessel designed to transport liquids in bulk. The most common use of tanker cargo ships is to transport crude oil and petroleum products, but they are also used to carry chemical products, liquefied natural gas (LNG), and other types of liquid cargo. Tanker cargo ships are important for the global economy because they allow countries to import and export oil and other liquid products without having to build or maintain expensive pipelines or storage facilities.
Chemical Tanker:
Chemical tanker is a cargo ship that carries bulk chemicals such as fertilizers, petroleum products, and others. Chemical tankers are built with large capacity holds to carry the product from manufacturer to end-use at low cost and with high efficiency. The global chemical tanker market size was valued USD 27 billion in 2016 which is expected to grow at CAGR of XX% over the forecast period.
Oil Tanker:
An oil tanker is a cargo ship that carries petroleum or oil in bulk. They are usually built for long-distance travel with large capacity and strong hull. Some of the common types of oil tankers include Very Large Crude Carriers (VLCCs), Ultra Large Crude Carriers (ULCCs), Panamax, Aframax, Suezmax, Small Medium Tanker (SMT) and Medium Tanker Ship (MTMS).
Application Insights:
The deep-sea segment dominated the market in 2017 and is expected to witness significant growth over the forecast period. The growth can be attributed to increasing demand for crude oil from emerging economies such as China, India, and Brazil. These countries are focusing on expanding their offshore platforms with an eye on discovering new reserves that can be utilized after undergoing processing at existing refineries.
Offshore is anticipated to register a CAGR of XX% over the forecast period owing to growing investments by companies operating in the upstream oil & gas industry including StatoilHydro ASA, RepsolSantander SA., and Royal Dutch Shell plc among others in developing new sources of supply from domestic wells as well as overseas markets through tankers transferring refined products such as gasoline and diesel among other liquids cargoes.
Regional Analysis:
Asia Pacific dominated the global tanker cargo ship market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to factors such as increasing demand for oil products, growing trade of crude oil and petroleum products, and rising investments in port infrastructure development by various governments.
The growth of Asia Pacific economies such as China and India is also anticipated to contribute significantly towards increased demand for transportation of goods across water bodies within the region itself thereby driving up industry size globally over the forecast period from 2018 to 2030. Furthermore, technological advancements coupled with an increase in efficiency are further expected fuel market growth during this same period.
Growth Factors:
- Increasing demand for oil and gas due to growing population and industrialization
- Development of new shipping routes due to globalization
- Increase in trade activities among countries
- Technological advancements in tanker cargo ships that improve efficiency and safety
- Growing environmental concerns leading to development of cleaner fuel technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Tanker Cargo Ship Market Research Report
By Type
Chemical Tanker, Oil Tanker
By Application
Deep Sea, Offshore
By Companies
Anhui Peida Ship Engineering, Astilleros Jose Valiña, Astilleros Zamakona, Bodewes Shipyards B.V., Brodosplit Shipyard, Construcciones Navales Del Norte, CSBC Corporation, DAEWOO SHIPBUILDING, Damen, General Dynamics NASSCO, Greenbay marine, HANJIN HEAVY INDUSTRIES AND CONSTRUCTION, Hijos de J. Barreras, Hitzler Werft, HYUNDAI HEAVY INDUSTRIES, Imabari Shipbuilding, MITSUBISHI HEAVY INDUSTRIES - Ship & Ocean, Mitsui Engineering & Shipbuilding, Namura Shipbuilding, Nuovi Cantieri Apuania, SAMSUNG HEAVY INDUSTRIES, SembCorp Marine, STX SHIPBUILDING
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Tanker Cargo Ship Market Report Segments:
The global Tanker Cargo Ship market is segmented on the basis of:
Types
Chemical Tanker, Oil Tanker
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
Deep Sea, Offshore
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:
- Anhui Peida Ship Engineering
- Astilleros Jose Valiña
- Astilleros Zamakona
- Bodewes Shipyards B.V.
- Brodosplit Shipyard
- Construcciones Navales Del Norte
- CSBC Corporation
- DAEWOO SHIPBUILDING
- Damen
- General Dynamics NASSCO
- Greenbay marine
- HANJIN HEAVY INDUSTRIES AND CONSTRUCTION
- Hijos de J. Barreras
- Hitzler Werft
- HYUNDAI HEAVY INDUSTRIES
- Imabari Shipbuilding
- MITSUBISHI HEAVY INDUSTRIES - Ship & Ocean
- Mitsui Engineering & Shipbuilding
- Namura Shipbuilding
- Nuovi Cantieri Apuania
- SAMSUNG HEAVY INDUSTRIES
- SembCorp Marine
- STX SHIPBUILDING
Highlights of The Tanker Cargo Ship 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:
- Chemical Tanker
- Oil Tanker
- By Application:
- Deep Sea
- Offshore
- 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 Tanker Cargo Ship 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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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 tanker cargo ship is a large, ocean-going vessel designed to transport oil and other liquids. Tankers are typically much larger than traditional cargo ships and have specialized equipment and facilities to handle the volatile materials they carry.
Some of the major companies in the tanker cargo ship market are Anhui Peida Ship Engineering, Astilleros Jose ValiƒÂ±a, Astilleros Zamakona, Bodewes Shipyards B.V., Brodosplit Shipyard, Construcciones Navales Del Norte, CSBC Corporation, DAEWOO SHIPBUILDING, Damen, General Dynamics NASSCO, Greenbay marine, HANJIN HEAVY INDUSTRIES AND CONSTRUCTION, Hijos de J. Barreras, Hitzler Werft, HYUNDAI HEAVY INDUSTRIES, Imabari Shipbuilding, MITSUBISHI HEAVY INDUSTRIES - Ship & Ocean, Mitsui Engineering & Shipbuilding, Namura Shipbuilding, Nuovi Cantieri Apuania, SAMSUNG HEAVY INDUSTRIES, SembCorp Marine, STX SHIPBUILDING.
The tanker cargo ship 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. Tanker Cargo Ship 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. Tanker Cargo Ship Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tanker Cargo Ship Market - Supply Chain
4.5. Global Tanker Cargo Ship Market Forecast
4.5.1. Tanker Cargo Ship Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tanker Cargo Ship Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tanker Cargo Ship Market Absolute $ Opportunity
5. Global Tanker Cargo Ship 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. Tanker Cargo Ship Market Size and Volume Forecast by Type
5.3.1. Chemical Tanker
5.3.2. Oil Tanker
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tanker Cargo Ship 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. Tanker Cargo Ship Market Size and Volume Forecast by Application
6.3.1. Deep Sea
6.3.2. Offshore
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tanker Cargo Ship 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. Tanker Cargo Ship 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 Tanker Cargo Ship 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. Tanker Cargo Ship 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 Tanker Cargo Ship Demand Share Forecast, 2019-2026
9. North America Tanker Cargo Ship 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 Tanker Cargo Ship 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 Tanker Cargo Ship Market Size and Volume Forecast by Application
9.4.1. Deep Sea
9.4.2. Offshore
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tanker Cargo Ship Market Size and Volume Forecast by Type
9.7.1. Chemical Tanker
9.7.2. Oil Tanker
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 Tanker Cargo Ship Demand Share Forecast, 2019-2026
10. Latin America Tanker Cargo Ship 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 Tanker Cargo Ship 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 Tanker Cargo Ship Market Size and Volume Forecast by Application
10.4.1. Deep Sea
10.4.2. Offshore
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tanker Cargo Ship Market Size and Volume Forecast by Type
10.7.1. Chemical Tanker
10.7.2. Oil Tanker
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 Tanker Cargo Ship Demand Share Forecast, 2019-2026
11. Europe Tanker Cargo Ship 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 Tanker Cargo Ship 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 Tanker Cargo Ship Market Size and Volume Forecast by Application
11.4.1. Deep Sea
11.4.2. Offshore
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tanker Cargo Ship Market Size and Volume Forecast by Type
11.7.1. Chemical Tanker
11.7.2. Oil Tanker
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. urope Tanker Cargo Ship Demand Share, 2019-2026
12. Asia Pacific Tanker Cargo Ship 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 Tanker Cargo Ship 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 Tanker Cargo Ship Market Size and Volume Forecast by Application
12.4.1. Deep Sea
12.4.2. Offshore
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tanker Cargo Ship Market Size and Volume Forecast by Type
12.7.1. Chemical Tanker
12.7.2. Oil Tanker
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 Tanker Cargo Ship Demand Share, 2019-2026
13. Middle East & Africa Tanker Cargo Ship 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 Tanker Cargo Ship 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 Tanker Cargo Ship Market Size and Volume Forecast by Application
13.4.1. Deep Sea
13.4.2. Offshore
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tanker Cargo Ship Market Size and Volume Forecast by Type
13.7.1. Chemical Tanker
13.7.2. Oil Tanker
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 Tanker Cargo Ship Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tanker Cargo Ship Market: Market Share Analysis
14.2. Tanker Cargo Ship Distributors and Customers
14.3. Tanker Cargo Ship Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Anhui Peida Ship Engineering
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Astilleros Jose Valiña
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Astilleros Zamakona
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bodewes Shipyards B.V.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Brodosplit Shipyard
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Construcciones Navales Del Norte
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CSBC Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DAEWOO SHIPBUILDING
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Damen
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. General Dynamics NASSCO
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Greenbay marine
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. HANJIN HEAVY INDUSTRIES AND CONSTRUCTION
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Hijos de J. Barreras
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hitzler Werft
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. HYUNDAI HEAVY INDUSTRIES
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Imabari Shipbuilding
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. MITSUBISHI HEAVY INDUSTRIES - Ship & Ocean
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Mitsui Engineering & Shipbuilding
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Namura Shipbuilding
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Nuovi Cantieri Apuania
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
