The global tank container shipping market size is expected to
grow by 42.24 thousand teu as per Technavio. This marks a
significant market slow down compared to the 2019 growth estimates
due to the impact of the COVID-19 pandemic in the first half of
2020. However, steady growth is expected to continue throughout the
forecast period, and the market is expected to grow at a CAGR of
1%. Request Free Sample Report on COVID-19
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Technavio has announced its latest market
research report titled Global Tank Container Shipping Market
2020-2024 (Graphic: Business Wire)
Read the 120-page report with TOC on "Tank Container Shipping
Market Analysis Report by End-user (Oil and gas, Chemical, and
Others) and Geography (Europe, APAC, North America, MEA, and South
America), and the Segment Forecasts, 2020-2024".
https://www.technavio.com/report/tank-container-shipping-market-industry-analysis
The market is driven by the growth in seaborne trade. In
addition, technological innovations are anticipated to boost the
growth of the Tank Container Shipping Market.
Seaborne trade (in terms of volume) has been growing
continuously since 2009. It is expected to continue its growth
during the forecast period as well, owing to the growth in world
gross domestic product (GDP) and increased demand for goods and
materials produced in different regions. Also, as the population
continues to rise, the demand for various goods produced or
manufactured in different regions, as well as the need for their
transportation is bound to increase. Moreover, seaborne
transportation is cost-efficient when compared with other modes of
transportation. Hence, the seaborne trade, in terms of volume, is
expected to increase significantly during the forecast period.
Seaborne trade accounted for 12.05 billion tons in 2016 and is
expected to reach 13.87 billion tons by 2021. The rise in seaborne
trade is expected to increase the need for tank containers, which
in turn, will drive market growth of the global tank container
shipping market during the forecast period.
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Major Five Tank Container Shipping Companies:
Bertschi AG
Bertschi AG has business operations under various segments such
as liquids, dry bulk, global, solutions, Nordic bulkers, and elite.
The company offers PER Plus, a popular tank container for shipping
purposes.
Bulkhaul Ltd.
Bulkhaul Ltd. offers a wide range of tank container services,
transport services, and fleet management services for bulk liquids,
powders, and gases. The company offers baffled tanks and two and
three-compartment tanks for tank container shipping.
Den Hartogh Holding BV
Den Hartogh Holding BV offers logistics, transportation, and
support services for products such as liquid chemicals, liquefied
gases, polymers, and others. The company has around 20,000 tank
containers for shipping liquid and gas chemicals.
Eagletainer Logistics Pte Ltd
Eagletainer Logistics Pte Ltd offers complete logistics services
with respect to tank container shipping. The company offers ISO
tanks.
Gruber GmbH & Co. KG
Gruber GmbH & Co. KG has business operations under two
segments: equipment and logistics solutions. The company offers
heated and refrigerated tank containers for shipping heat-sensitive
products.
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Tank Container Shipping Market End-user Outlook (Revenue, USD
th teu, 2020-2024)
- Oil and gas - size and forecast 2019-2024
- Chemical - size and forecast 2019-2024
- Others - size and forecast 2019-2024
Tank Container Shipping Market Regional Outlook (Revenue, USD
th teu, 2020-2024)
- Europe - size and forecast 2019-2024
- APAC - size and forecast 2019-2024
- North America - size and forecast 2019-2024
- MEA - size and forecast 2019-2024
- South America - size and forecast 2019-2024
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version on businesswire.com: https://www.businesswire.com/news/home/20200918005318/en/
Technavio Research Jesse Maida Media & Marketing Executive
US: +1 844 364 1100 UK: +44 203 893 3200 Email:
media@technavio.com Website: www.technavio.com/