Global Tanker Shipping Market 2023-2027
The tanker shipping market is forecasted to grow by 159.2 mn t during 2022-2027, accelerating at a CAGR of 4.39% 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 growth in global oil and gas logistics market, rise in international seaborne trade, and growing LNG trade.
Technavio's tanker shipping market is segmented as below:
By Type
- Oil tankers
- Liquid gas tankers
By Mode Of Transportation
By Geographical Landscape
- APAC
- Europe
- Middle East and Africa
- North America
- South America
This study identifies the advances in propulsion system of tankers as one of the prime reasons driving the tanker shipping market growth during the next few years. Also, increase in use of fleet management system and new oil and gas exploration policies will lead to sizable demand in the market.
The report on the tanker shipping market covers the following areas:
- Tanker shipping market sizing
- Tanker shipping market forecast
- Tanker shipping market industry analysis
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, COSCO Shipping Co. Ltd., DHT Holdings Inc., Eastern Pacific Shipping, Euronav NV, FRONTLINE PLC, IINO KAIUN KAISHA Ltd., International Seaways Inc., MAERSK TANKERS AS, Mitsui O.S.K. Lines Ltd., Odfjell SE, PETRONAS Chemicals Group Berhad, SFL Corp. Ltd., Sovcomflot, Stolt Nielsen Ltd., Teekay Corp., 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 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 and vendor landscape in addition to an analysis of the key vendors.
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 research - both primary and secondary. 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 the accurate market growth.