Press release
Chemical Tanker Market by Top Vendors Analysis (seatrans.no, teamtankers, Nordic Tankers A/S, Wilmar International Ltd., MISC Berhad, Stolt-Nielsen, Iino Kaiun Kaisha , Eitzen Chemical,JO Tankers, Tokyo Marine Asia Pte Ltd., Nordic Tankers A/S, IINO KAIUN
Global Chemical Tanker Market
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Market Analysis: Global Chemical Tanker Market
The 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.
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.
In the recent publication by HT Media Ltd, Industry India’s stainless steel production to rise to 3.6 million tons at the end of year 2017.
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
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Major Market Drivers and Restraints:
• Growth of the chemical industry.
• Increasing demand for oilseeds/vegetable oils & fats.
• Slow growth in crude oil production.
• Oil bunkering regulations
Major Market Competitors/Players: Global Chemical Tanker Market
Some of the major players operating in the Global Chemical Tanker Market are
• 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 Pte Ltd., Nordic Tankers A/S, IINO KAIUN KAISHA Ltd., and PT Berlian Laju Tanker Tbk., are among the others mentioned in the Global Chemical Tanker Market Report.
In December 2016, Stolt-Nielsen acquired the chemical tanker division of Jo Tankers, comprising of 13 tankers worth USD 575 million This market is driven by freight rate wars and ownership of different vessel sizes as small sized boats are not equipped to carry hazardous compounds of different weight.
In April 2017, Odfjell SE signed an agreement for two tankers having stainless steel tanks, with Hudong-Zhonghua Shipbuilding (Group) CO., LTD. in China. Some of the other companies involved in the industry include Alaska Tanker Company, Algoma Central Corporation., Rigel Shipping Canada, The CSL Group, Inc., Canfornav, Inc., Stolt-Nielsen, and Odfjell SE among others.
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Market Segmentation: Global Chemical Tanker Market
• 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, and other.
• On the basis of fleet type, the global chemical tanker market segmented into IMO 1, IMO 2, IMO 3, and others.
• On the basis of fleet material, the global chemical tanker market segmented into stainless steel, coated, and others.
• Based on geography, the global chemical tanker market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Customization Options
• All segmentation provided above in this report is represented at country level and can be customized according to needs.
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).
To know more please request an analyst call or can drop down your enquiry.
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