Crude Oil Carriers Market expected to reach $250.04 billion by 2026 growing at a CAGR of 4.1% | AET, Teekay Corporation, Sovcomflot Group, Overseas Shipholding Group (OSG), OMAN SHIPPING COMPANY S.A.O.C.

Global Crude Oil Carriers market is accounted for $172.67 billion in 2017 and is expected to reach $250.04 billion by 2026 growing at a CAGR of 4.1% during the forecast period. Some of the major factors fuelling the market include increasing demand for bulk oil transportation services and facilities, rapid industrialization longer hauls and less triangulation options to reduce ballasting. In addition to this, lower costs of bunker fuels and trending of low global oil prices. However concerns regarding seasonal variations and high logistics expenditure are hampering the market growth.

On the basis of Vessel type, Very large crude carrier and ultra large crude carrier are known as super tankers. Its role and scope becomes far more feasible as they help to transport huge quantities of crude oil across the oceans and seas as they can carry huge quantities of crude oil in bulk, therefore economies of scale can be greatly realized. ULCCs and VLCCs have extremely high carrying capacity of over 250,000 DWT, allowing crude transportation of upto 550,000 DWT.

Top Companies Covered in this Report:
AET, Teekay Corporation, Sovcomflot Group, Overseas Shipholding Group (OSG), OMAN SHIPPING COMPANY S.A.O.C., NYK line, Ocean Tankers (pte) Ltd., National Iranian Tanker Company, Mitsui O.S.K. Lines, Ltd. (MOL)., Maran Tankers Management Inc., Frontline Ltd., Euronav, Dynacom Tankers Management Ltd, China Shipping Development Corp (CSDC), Bahri.

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The "Global Crude Oil Carriers Market" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of Crude Oil Carriers market with detailed market segmentation by mounting location, vehicle type and geography. The global Crude Oil Carriers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Crude Oil Carriers market players and offers key trends and opportunities in the market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Crude Oil Carriers market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2026.

The report analyzes factors affecting Crude Oil Carriers market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Crude Oil Carriers market in these regions.

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type       
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Crude Oil Carriers Market Size
2.2 Crude Oil Carriers Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Crude Oil Carriers Market Size by Manufacturers
3.2 Crude Oil Carriers Key Players Head office and Area Served
3.3 Key Players Crude Oil Carriers Product/Solution/Service
3.4 Date of Enter into Crude Oil Carriers Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Crude Oil Carriers Sales by Product
4.2 Global Crude Oil Carriers Revenue by Product
4.3 Crude Oil Carriers Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Crude Oil Carriers Breakdown Data by End User

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