Press release
Crude Oil Carriers Market to become worth US$217 bn by 2024
"The Latest Research Report Crude Oil Carriers Market - Global Industry Analysis, Size, Share, Growth Trends and Forecast 2016 - 2024 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"This research study analyzes the market for crude oil carriers both in terms of volume (units) and revenue (US$ Bn). The crude oil carriers market has been segmented on the basis of vessel type and geography. In terms of region, the market has been divided into four segments that comprise 10 countries, which are the major players in the global crude oil carriers market. For the research, 2015 has been taken as the base year, while all forecasts have been given for the period from 2016 to 2024. Market data for all the segments has been provided at the regional as well as country-specific level from 2016 to 2024. The report provides a broad competitive analysis of companies engaged in the crude oil shipping business. The report also includes the key market dynamics such as drivers, restraints, and opportunities affecting the global crude oil shipping market. These market dynamics were analyzed in detail and are illustrated in the report with the help of supporting graphs and tables. The report also provides a comprehensive analysis of the global crude oil carriers market with the help of Porter’s Five Forces model. This analysis helps in understanding the five major forces that affect the market structure and market profitability. The forces analyzed are bargaining power of buyers, bargaining power of suppliers, threat of new entrants, threat of substitutes, and degree of competition.
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The high-level analysis in the report provides detailed insights into the crude oil shipping business globally. There are currently numerous drivers of the market. Some of the most prominent drivers are declining crude oil prices proving to be beneficial for the crude oil carriers market and world economy influencing the demand for crude oil transportation. Market attractiveness analysis was carried out for the crude oil carriers market on the basis of geography. Market attractiveness was estimated on the basis of common parameters that directly impact the crude oil carriers market in different regions. The parameters include shipping costs, government policies, crude oil demand, and applications such as automobile.
Shipping of petroleum liquids such as crude oil comprises many different operations, each of which signifies a potential source of evaporation loss. Crude oil is transported from production facilities to refineries by crude oil carriers, rail tank cars, barges, pipelines, and tank trucks. Coastal tank vessel trades are functioned by crude carriers, tank barges, and product tankers. Crude carriers serve the West Alaska coast crude oil trades. Crude oil carriers are generally referred to as oil tankers, which transport crude oil from one location to another.
The crude oil carriers market was segmented on the basis of vessel type (VLCC/ULCC, Suezmax, Aframax, and Panamax). The crude oil carriers market was analyzed across four geographies: North America, Asia Pacific, Europe, and Rest of the World. Regional data has been provided for each sub-segment of the crude oil carriers market. Key players in the crude oil carriers market include AET Tanker Holdings Sdn Bhd, The National Shipping Company of Saudi Arabia (Bahri), China Shipping Development Corp (CSDC), Dynacom Tankers Management Ltd., Euronav, Frontline Ltd., Maran Tankers Management Inc., National Iranian Tanker Company, NYK line, Ocean Tankers (pte) Ltd., OMAN SHIPPING COMPANY S.A.O.C., Overseas Shipholding Group (OSG), Sovcomflot Group, and Teekay Corporation. The report provides an overview of these companies, followed by their financial details, business strategies, and recent developments.
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Crude Oil Carriers Market: By Vessel Type
VLCC/ULCC
Suezmax
Aframax
Panamax
Crude Oil Carriers Market: By Region
North America
U.S.
Rest of North America
Europe
Greece
Belgium
Rest of Europe
Asia Pacific
China
South Korea
Singapore
Japan
Malaysia
Rest of Asia Pacific
Rest of World
Iran
Saudi Arabia
Others
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Table of Content
Section 1 Preface
Report Description
Market Segmentation
Research Scope
Research Methodology
Section 2 Executive Summary
Executive Summary
Section 3 Industry Analysis
Introduction
Value Chain Analysis
Market Dynamics
Market Drivers
Market Restrains
Market Opportunities
Porter’s Five Forces Analysis
Bargaining Power of Suppliers
Bargaining Power of Buyers
Threat of Substitutes
Threat of New Entrants
Degree of Competition
Company Market Share- Crude Oil Carriers Market, 2014
Market Attractiveness Analysis- Crude Oil Carriers Market, By Region
Section 4 Global Crude Oil Carriers Market – Vessel Type, by Volume and Revenue, 2014 – 2024 (Units) (US$ Bn)
Overview
VLCC/ULCC
Suezmax
Aframax
Panamax
Section 6 Global Crude Oil Carriers Market – Regional Analysis by Volume and Revenue, 2014 – 2024 (Units) (US$ Bn)
Regional Overview
North America
Overview
Countries
U.S. Crude Oil Carriers Market by Vessel Type Segment
Rest of North America Crude Oil Carriers Market by Vessel Type Segment
Europe
Overview
Countries
Greece Crude Oil Carriers Market by Vessel Type Segment
Belgium Crude Oil Carriers Market by Vessel Type Segment
Rest of Europe Crude Oil Carriers Market by Vessel Type Segment
Asia Pacific
Overview
Countries
China Crude Oil Carriers Market by Vessel Type Segment
South Korea Crude Oil Carriers Market by Vessel Type Segment
Singapore Crude Oil Carriers Market by Vessel Type Segment
Japan Crude Oil Carriers Market by Vessel Type Segment
Malaysia Crude Oil Carriers Market by Vessel Type Segment
Rest of Asia Pacific Crude Oil Carriers Market by Vessel Type Segment
Rest Of World
Overview
Countries
Iran Crude Oil Carriers Market by Vessel Type Segment
Saudi Arabia Crude Oil Carriers Market by Vessel Type Segment
Others Crude Oil Carriers Market by Vessel Type Segment
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