Press release
Chemical Tanker Market Expanding the Demand Of Chemical Industry Globally with Top Competitors like Eitzen Chemical, seatrans.no, JO Tankers, Stolt-Nielsen and Forecast to 2025
Global Chemical Tanker Market
Global Chemical Tanker Market is expected to reach USD 37.56 billion by 2025, from USD 26.82 billion in 2017, growing at a CAGR of 4.3% during the forecast period of 2018 to 2025.
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Chemical Tanker Market Research helps companies to obtain market information from different sources, and in multiple formats. It aims to study supply and demand, analyze data as per geography, age factors, demography, technology, product, psychographic & gender differences, and many other parameters. Access to in-depth market trends helps companies to assess the market effectiveness. Some of the multiple techniques used for market research include customer analysis, choice modeling, competition and risk analysis, product research, advertising the research, marketing mix modeling, simulated test marketing, and more.
Major Market Competitors/Players:
• Bahri,
• Stolt-Nielsen,
• Odfjell, Navig8,
• MOL CHEMICAL TANKERS PTE. LTD.,
• Nordic Tankers A/S,
• Wilmar International Ltd.,
• MISC Berhad,
• teamtankers,
• Iino Kaiun Kaisha,
• Eitzen Chemical,
• seatrans.no,
• JO Tankers,
• Stolt-Nielsen,
• Tokyo Marine Asia Pvt Ltd.,
• Nordic Tankers A/S,
• IINO KAIUN KAISHA Ltd., and
• PT Berlian Laju Tanker Tbk., among others.
Market Definition:
According to the recent article published by Info Connect Web Technologies India Pvt Ltd, growth in chemical industry is one of the major contributors of Indian economy. Currently the annual growth rate of the chemical industry is 12.5 percent. The chemical industry of India contributed 13 percent towards the total export from India in the year of 2017.Due to the increased growth rate in the chemical industry the global market for chemical tanker is anticipated to nurture in the coming years. In the recent publication by HT Media Ltd, Industry India’s stainless steel production to rise to 3.6 million tonnes at the end of year 2017. Hence, this will positively affect the growth of chemical tanker in the coming years.
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Market Segmentation:
The global chemical tanker market is segmented based on
• product type,
• fleet type,
• fleet material and
• geographical segments.
Based on Product Type, the global chemical tanker market is segmented
• organic chemicals,
• inorganic chemicals,
• vegetable oils & fats.
On the Basis Of Fleet Type, the global chemical tanker market segmented into
• IMO 1,
• IMO 2,
• IMO 3.
On the Basis Of Fleet Material, the global chemical tanker market segmented into stainless steel, coated, and others.
On the basis of Geography,
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
Competitive Analysis: Global Chemical Tanker Market
The global chemical tanker market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of chemical tanker market for global, Europe, North America, Asia Pacific and South America.
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