PUBLISHER: TechNavio | PRODUCT CODE: 1756578
PUBLISHER: TechNavio | PRODUCT CODE: 1756578
The tanker shipping market is forecasted to grow by USD 19,951.4 mn during 2024-2029, accelerating at a CAGR of 8.9% during the forecast period. The report on the tanker shipping market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by global oil and gas demand, geopolitical developments, and tonne-mile demand growth.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 7.5% |
CAGR | 8.9% |
Incremental Value | $19,951.4 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's tanker shipping market is segmented as below:
By Type
By Mode Of Transportation
By Product Type
By Geographical Landscape
This study identifies the shift toward sustainability as one of the prime reasons driving the tanker shipping market growth during the next few years. Also, increasing number of mergers and acquisitions and focus on fleet capacity expansion will lead to sizable demand in the market.
The report on the tanker shipping market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading tanker shipping market vendors that include Bahri, BW Group, CMB.TECH NV, COSCO Shipping Ports Ltd., DHT Holdings Inc., Eastern Pacific Shipping, Frontline plc, IINO Kaiun Kaisha Ltd., INTERNATIONAL SEAWAYS INC., MAERSK TANKERS AS, Mitsui O.S.K. Lines Ltd., Navios Maritime Holdings Inc., Odfjell SE, Scorpio Tankers Inc., SFL Corp. Ltd., Stolt Nielsen Ltd., Teekay Corp., TORM plc, and Tsakos Energy Navigation Ltd.. Also, the tanker shipping market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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