Chemical Tankers Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Product Type (Inorganic Chemicals, Organic Chemicals, Others), By Fleet Type (IMO Type 1, IMO Type 2, IMO Type 3), By Fleet Size (Coastal, Inland, Deep-Sea), By Fleet Material (Coated, Stainless Steel), And By Geography - Forecasts From 2019 To 2024

Published:  May 2021 Report Code: KSI061611937 Pages: 123

Chemical tankers market is projected to grow at a CAGR of 3.39% to reach US$29.155 billion by 2024, from US$23.870 billion in 2018. Growing chemical industry is the major driver of chemical tankers market.

The rising volume of global imports and exports of chemicals is boosting the demand for chemical tankers. Increasing demand for oilseeds, vegetable oils and fats are also contributing to the growth of chemical tankers market. Rising production of chemicals in developing regions, especially APAC, will provide a great opportunity for the growth of chemical tankers market in the coming years. However, factors such as slow growth in crude oil production and stringent oil bunkering regulations are hindering the growth of chemical tankers market. By geography, chemical tankers market is segmented as North America, South America, Europe, Middle East and Africa, and the Asia Pacific. APAC will witness a significant market growth on account of rising chemical production in the region. 

This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the chemical tankers value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the chemical tankers market.

Major industry players profiled as part of the report are Stolt-Nielsen, MOL CHEMICAL TANKERS PTE. LTD, Bahri, and Fairfield Chemical Carriers among others.

Chemical Tankers Market Scope:

Report Metric Details
 Market size value in 2018  US$23.870 billion
 Market size value in 2024  US$29.155 billion
 Growth Rate  CAGR of 3.39% from 2018 to 2024
 Base year  2018
 Forecast period  2019–2024
 Forecast Unit (Value)  USD Billion
 Segments covered  Product Type, Fleet Type, Fleet Size, Fleet Material, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  Stolt-Nielsen, Mol chemical tankers PTE. Ltd, Bahri, Navig8 Chemical Tankers   Inc.Fairfield Chemical Carriers, ODFJELL, John T. Essberger Group of Companies,   Chemship B.V.
 Customization scope  Free report customization with purchase

Segmentation

Chemical tankers market has been analyzed through the following segments:

  • By Product Type
    • Inorganic Chemicals
    • Organic Chemicals
    • Others
  • By Fleet Type
    • IMO Type 1
    • IMO Type 2
    • IMO Type 3
  • By Fleet Size
    • Coastal
    • Inland
    • Deep-Sea
  • By Fleet Material
    • Coated
    • Stainless Steel
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • Australia
      • India
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the chemical tankers market size by 2024?
A1. The global chemical tankers market is projected to reach a total market size of US$29.155 billion by 2024.
 
Q2. What is the size of global chemical tankers market?
A2. Chemical Tankers market was valued at US$23.870 billion in 2018. 
 
Q3. What are the growth prospects for chemical tankers market?
A3. The chemical tankers market is projected to grow at a CAGR of 3.39% during the forecast period.
 
Q4. What factors are anticipated to drive the chemical tankers market growth?
A4. The rising volume of global imports and exports of chemicals is boosting the demand for chemical tankers.
 
Q5. Who are the major players in the chemical tankers market?
A5. Major industry players profiled as part of the chemical tankers market report are Stolt-Nielsen, MOL CHEMICAL TANKERS PTE. LTD, Bahri, and Fairfield Chemical Carriers among others.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
 
2. RESEARCH METHODOLOGY  
2.1. Research Design
2.2. Secondary Sources
 
3. EXECUTIVE SUMMARY
 
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
 
5. CHEMICAL TANKERS MARKET BY PRODUCT TYPE
5.1. Inorganic Chemicals
5.2. Organic Chemicals
5.3. Others
 
6. CHEMICAL TANKERS MARKET BY FLEET TYPE
6.1. IMO Type 1
6.2. IMO Type 2
6.3. IMO Type 3
 
7. CHEMICAL TANKERS MARKET BY FLEET SIZE
7.1. Coastal
7.2. Inland
7.3. Deep-Sea
 
8. CHEMICAL TANKERS MARKET BY FLEET MATERIAL
8.1. Coated 
8.2. Stainless Steel
 
9. CHEMICAL TANKERS MARKET BY GEOGRAPHY
9.1. North America
9.1.1. USA
9.1.2. Canada
9.1.3. Mexico
9.2. South America
9.2.1. Brazil
9.2.2. Argentina
9.2.3. Others
9.3. Europe
9.3.1. United Kingdom
9.3.2. Germany
9.3.3. France
9.3.4. Italy
9.3.5. Others
9.4. Middle East and Africa
9.4.1. Saudi Arabia
9.4.2. UAE
9.4.3. Israel
9.4.4. Others
9.5. Asia Pacific
9.5.1. China
9.5.2. Japan
9.5.3. South Korea
9.5.4. India
9.5.5. Others
 
10. COMPETITIVE INTELLIGENCE
10.1. Market Positioning Matrix and Ranking
10.2. Recent Investments and Deals
10.3. Strategies of Key Players
 
11. COMPANY PROFILES
11.1. Stolt-Nielsen
11.2. Mol chemical tankers PTE. Ltd
11.3. Bahri
11.4. Navig8 Chemical Tankers Inc.
11.5. Fairfield Chemical Carriers
11.6. ODFJELL
11.7. John T. Essberger Group of Companies
11.8. Chemship B.V.

Stolt-Nielsen

Mol chemical tankers PTE. Ltd

Bahri

Navig8 Chemical Tankers Inc.Fairfield Chemical Carriers

ODFJELL

John T. Essberger Group of Companies

Chemship B.V.

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