PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1461430
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1461430
Chemical Tanker Market, By Product Type, By Fleet Type, By Please Size Type, By Geography
The chemical tanker market is estimated to be valued at USD 36.16 Bn in 2024 and is expected to reach USD 49.21 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2023/2024: | US$ 36.16 Bn |
| Historical Data for: | 2019 to 2023 | Forecast Period: | 2024 to 2031 |
| Forecast Period 2023/2024 to 2030/2031 CAGR: | 4.50% | 2030/2031 Value Projection: | US$ 49.21 Bn |
The chemical tanker market has been witnessing steady growth over the past few years driven by increasing seaborne trade of chemicals across the globe. Chemical tankers are cargo ships designed to transport chemicals in bulk. They are usually make of stainless steel constructed with separate tanks to prevent the accidental mixing of different product types. The rising global industrial production has boosted the demand for chemicals, which, in turn, has positively impacted the chemical tanker fleet size. Furthermore, strict environmental regulations regarding the transportation of chemicals through alternate modes have augmented the demand from this ship type. However, volatility in raw material prices remains a key challenge for the sustainable growth of the chemical tanker market.
Market Dynamics:
The global chemical tanker market is primarily driven by robust growth in international seaborne trade of chemicals. Rapid industrialization across emerging economies, such as China, India, and Southeast Asian countries, has substantially increased the demand for petrochemicals, fertilizers, and other industrial chemicals over the years. Meanwhile, stringent emission control regulations imposed on road and air freight have boosted the share of waterborne transportation of chemicals. Furthermore, technological advancements in vessel capacity and construction have enabled the large scale transportation of chemicals via sea at economical rates. However, volatility in raw material prices remains a key challenge for market players due to uncertainty in operating costs.
Key Features of the Study:
- This report provides an in-depth analysis of the global chemical tanker market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global chemical tanker market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include JO Tankers, IINO KAIUN KAISHA Ltd., Eitzen Chemical, Tokyo Marine Asia Pte Ltd., Berlian Laju Tanker, Nordic Tankers, Seatrans chemical tankers, Navig8 Chemicals, Stolt-Nielsen Ltd, and Odfjell.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global chemical tanker market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global chemical tanker market.
Market Segmentation
- Product Type:
- Organic Chemicals
- Inorganic Chemicals
- Vegetable Oils and Fats
- Fleet Type:
- IMO 1
- IMO 2
- IMO 3
- Fleet Size Type:
- Inland Chemical Tankers (1000-4999 DWT)
- Coastal Chemical Tankers (5000-9999 DWT)
- Deep Sea Chemical Tankers (10,000- 50,000 DWT)
- Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- JO Tankers
- IINO KAIUN KAISHA Ltd.
- Eitzen Chemical
- Tokyo Marine Asia Pte Ltd.
- Berlian Laju Tanker
- Nordic Tankers
- Seatrans chemical tankers
- Navig8 Chemicals
- Stolt-Nielsen Ltd
- Odfjell
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
2. Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Fleet Type
- Market Snapshot, By Fleet Size Type
- Market Snapshot, By Region
- Market Scenario - Conservative, Likely, Opportunistic
- Market Opportunity Map
3. Key Insights
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Key Market Trends
- Impact Analysis of Market Dynamics
- Market Assessment By PESTEL Analysis
- PORTER Analysis
- Regulatory Scenario
- Market Attractiveness Analysis
- Incremental $ Opportunity Assessment
4. Global Chemical Tanker Market, By Product Type, 2019 - 2031 (US$ Bn)
- Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
- Organic Chemicals, 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)
- Inorganic Chemicals, 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)
- Vegetable Oils and Fats, 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)
5. Global Chemical Tanker Market, By Fleet Type, 2019 - 2031 (US$ Bn)
- Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
- IMO 1, 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)
- IMO 2, 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)
- IMO 3, 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)
6. Global Chemical Tanker Market, By Fleet Size Type, 2019 - 2031 (US$ Bn)
- Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
- Inland Chemical Tankers (1000-4999 DWT), 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)
- Coastal Chemical Tankers (5000-9999 DWT), 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)
- Deep Sea Chemical Tankers (10,000- 50,000 DWT), 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)
7. Global Chemical Tanker Market, By Region, 2019 - 2031 (US$ Bn)
- Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031, (US$ Bn)
- Market Y-o-Y Growth Comparison (%), 2024 - 2031, (US$ Bn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Fleet Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Fleet Size Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Fleet Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Fleet Size Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest Of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Fleet Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Fleet Size Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- China
- India
- Japan
- Australia
- South Korea
- Asean
- Rest Of Asia Pacific
- Middle East & Africa
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Fleet Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Fleet Size Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- GCC
- Israel
- Rest of Middle East
- Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Fleet Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Fleet Size Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
8. Company Profiles - Global Chemical Tanker Market
- JO Tankers
- Company Overview
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategic Overview
- IINO KAIUN KAISHA Ltd.
- Eitzen Chemical
- Tokyo Marine Asia Pte Ltd.
- Berlian Laju Tanker
- Nordic Tankers
- Seatrans chemical tankers
- Navig8 Chemicals
- Stolt-Nielsen Ltd
- Odfjell
9. References and Research Methodology
- References
- Research Methodology
- About us and Sales Contact
