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ISO Tank Container Market Research Report 2023-2032 | Opportunities And Strategies
As per The Business Research Company's ISO Tank Container Opportunities And Strategies Market Report 2023, The global ISO tank container market size reached a value of nearly $1,228.3 million in 2021, having grown at a compound annual growth rate (CAGR) of 10.5% since 2016. The market is expected to grow from $1228.3 million in 2021 to $2003.9 million in 2026 at a rate of 10.3%. The global ISO tank container market size is then expected to grow at a CAGR of 9.3% from 2026 and reach $3125.4 million in 2031.The surge in oil and gas exports is expected to drive the ISO tank container market in the forecast period. Oil and gas are used as energy sources that are extracted from reservoirs and wells and then transported to refineries where they are refined and then sold as finished products. ISO tank containers are used to store and transport oil and gas products.
For instance, according to an article published in an online website, www.worldstopexports.com/, in 2021, crude petroleum oils accounted for 4.6% of all exported goods, up from 3.8% in 2020. In 2021, exported crude oil totaled $982.6 billion increasing from $718.8 billion in 2020.
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The use of the internet of things (IoT) for the remote monitoring of ISO tank containers is a popular trend evident among ISO tank container companies.
The IoT is a system of internet-connected objects that can collect and transfer data over a wireless network without human intervention. Many companies operating in the ISO tank container sector are increasingly partnering with companies offering IoT software.
For instance, in August 2021, Arkema, a France-based chemicals company collaborated with Nexxiot, a Swiss company offering digital logistics solutions. This collaboration seeks to digitize Arkema's ISO tank (tank container) and rail freight wagon fleets, utilizing Nexxiot's IoT devices and intelligent cloud platform to help Arkema clients achieve end-to-end visibility, increase quality standards, and improve the overall service experience.
Opportunities -The top opportunities in the ISO tank container market segmented by container type will arise in the =30 ft market segment, which will gain $763.6 millions of global annual sales by 2026. The top opportunities in the ISO tank container market segmented by transport mode will arise in the chemicals market segment, which will gain $351.7 millions of global annual sales by 2026. The top opportunities in the ISO tank container market segmented by application will arise in the road market segment, which will gain $436.1 millions of global annual sales by 2026. The top opportunities in the ISO tank container market size will gain the most in China at $206.9 million.
ISO Tank Container Market Segmentation:
The ISO Tank Container market is segmented
By Container Type -
The ISO tank container market is segmented by container type into:
a) =30 ft
b) >30 ft
By Transport Mode -
The ISO tank container market is segmented by transport mode into:
a) Road
b) Rail
c) Marine
By Application -
The ISO tank container market is segmented by application into:
a) Chemicals
b) Petrochemicals
c) Food And Beverage
d) Pharmaceuticals
e) Industrial Gas
f) Other Applications
Major players in the ISO Tank Container market include CIMC Container Holdings Co., Ltd., Singamas Container, Holdings Limited, Welfit Oddy Industries Pty Ltd, Chart Industries Inc., Sure Tank
The regions covered in the global ISO Tank Container market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The latest report from The Business Research Company, 'Global ISO Tank Container Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.
ISO Tank Container Market Report Table Of Content
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
....................................................
18. Competitive Landscape And Company Profiles
19. Key Mergers and Acquisitions
20. Opportunities And Strategies
21. ISO Tank Container Market, Conclusions And Recommendations
22. Appendix
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https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8404
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