Global Tanker Shipping Market Forecasts: 5.13% CAGR to 2022

2022 Tanker Shipping Market Analysis and Forecasts New Research Report added on The report offers a detailed picture of the market through study, synthesis, and summation of data from multiple sources.

The Tanker Shipping Market analysis is provided for the international market including development history, competitive landscape analysis, and by major regions development status (America, APAC and EMEA) and other regions can be added development status. The analysts forecast global tanker shipping market to grow at a CAGR of 5.13% during the period 2018-2022.

One trend in the Tanker Shipping market is advances in propulsion system of tankers. Marine two-stroke diesel engines have largely replaced marine steam turbine engines as two-stroke diesel engines are more economical than steam turbine engines for commercial purposes. Moreover, technological advances have led to the development of cross compound double reduction steam turbines.

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According to the Tanker Shipping market report, one driver in the market is growth in global oil and gas logistics market. The demand for oil and gas is expected to increase during the forecast period, as global crude oil prices have been declining since 2012. The global demand for liquid hydrocarbons is expected to reach around 97 million barrels per day by 2020, registering a y-o-y growth rate of 1.2%. The global average oil demand is further expected to reach around 103 mb/d- 106 mb/d by 2030.

Further, the Tanker Shipping market report states that one challenge in the market is fluctuation in Baltic dry index. The global tanker shipping that encompasses the transportation of crude oil, chemicals, and refined petroleum products is witnessing fluctuations in the Baltic dry index, an economic indicator related to the average index of moving goods in the sea by considering 23 global shipping routes. A high Baltic dry index reflects that the demand of the tanker ship is more when compared with its supply.

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Tanker shipping refers to the transportation of bulk goods, such as crude oil, gas, chemicals, and other products, obtained from the refining of crude oil. Tanker shipping is generally carried out by various types of tankers, such as crude tankers, chemical tankers, and gas tankers. Tanker shipping is regulated by the International Maritime Organization (IMO) globally.
Table of Contents
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Research Methodology
Part 04: Introduction
Market Outline
Part 05: Market Landscape
Market Ecosystem
Market Characteristics
Market Segmentation Analysis
Part 06: Market Sizing
Market Definition
Market Sizing 2017
Market Size and Forecast 2017-2022
Part 07: Five Forces Analysis
Bargaining Power of Buyers
Bargaining Power of Suppliers
Threat of New Entrants
Threat of Substitutes
Threat of Rivalry
Market Condition
Part 08: Market Segmentation by Tanker Type
Segmentation by Tanker Type
Comparison by Tanker Type
Oil Tankers – Market Size and Forecast 2017-2022
Liquid Gas Tankers – Market Size and Forecast 2017-2022
Market Opportunity by Tanker Type
Part 09: Customer Landscape
Part 10: Regional Landscape
Geographical Segmentation
Regional Comparison
Apac – Market Size and Forecast 2017-2022
Emea – Market Size and Forecast 2017-2022
Americas – Market Size and Forecast 2017-2022
Key Leading Countries
Market Opportunity
Part 11: Decision Framework
Part 12: Drivers and Challenges
Market Drivers
Market Challenges
Part 13: Market Trends
Advances In Propulsion System of Tankers
Increase In Use of Fleet Management System
Consolidation In Global Tanker Shipping Market
Part 14: Vendor Landscape
Landscape Disruption
Competitive Scenario
Part 15: Vendor Analysis
Vendors Covered
Vendor Classification
Market Positioning of Vendors
Aet Tankers
Mitsui O.S.K. Lines (Mol)
Part 16: Appendix
List of Abbreviations

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Release ID: 290043