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Tank container is used to transport hazardous and non-hazardous materials. It is built according to the ISO standards. Tank container is a vessel of stainless steel enclosed by an insulation and protected with a layer of polyurethane and aluminum. The vessel is placed inside a steel frame. Tank container can be loaded from the top and unloaded from the bottom. A standard tank container consists of a manhole, and at least one valve on the top and one at the bottom. Loading and unloading of tank container is carried out by connecting hoses facility of the valves of the tank and it is generally done using pumps. The selection of the tank container loading and unloading is done on the basis of installation and regulation of products it contains. Tank containers are used in transportation and handling of liquid products such as chemicals, oil, and liquid food products.
Scope of the Report:
This report studies the Tank Container Shipping market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Tank Container Shipping market by product type and applications/end industries.
Demand for tank container shipping is anticipated to increase due to factors such as disadvantages of pipeline transportation, and low price and suitability vis-à-vis other modes of transportation. Pipeline transportation carries various disadvantages such as higher lead time, threat from natural disasters, and low efficiency for short distance transportation. Furthermore, rise in exploration and production (E&P) activities in the oil & gas industry is expected to drive the demand for tank container shipping in the near future.
The Middle Eastern countries such as Saudi Arabia, Iran, Iraq, Kuwait, and the UAE are witnessing growth in the export of petroleum products like oil and gas. The largest oil-producing countries include African countries such as Nigeria, Angola, Egypt, Libya, and Tanzania. As a result, the growth of exploration and production (E&P) activities will increase in these regions. Consequently, the need for tank container shipping will increase in EMEA, which in turn, will propel growth in the sea containers market.
The global Tank Container Shipping market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Tank Container Shipping.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
- Den Hartogh Logistics
- HOYER Group
- Stolt-Nielsen Limited (SNL)
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Wines & Spirits
- Fruit Juices
- Sweet Oils
- Toxic Substances
Market Segment by Applications, can be divided into
- Oil & Gas