Global LPG Tankers Market Size Analysis, 2018-2028

 

REPORT ID: BKR924Domain: Automotive TransportPublished Date: December 2018
Pages: 203Format: PDF

 

 

LPG Tankers Market Size Analysis

LPG Tankers Market Value is expected to increase by nearly 1.4X during the forecast period, 2018-2028. LPG tankers are basically gas carriers that are built with the purpose of transporting liquefied natural gas. These tankers are also used for transporting other gases such as propylene, vinyl chloride and ammonia.

Demand for such carriers is escalating owing to rise in demand for LPG across industrial and residential purpose. Increasing household use of liquefied petroleum gas (LPG) is one of the key factor boosting overall LPG demand. Even United Nations’ Sustainable Energy for All initiative, is pushing towards achieving 100% LPG cooking goal by 2030. According to the estimates, domestic sector accounted for 47% of total LPG usage, followed by chemicals (27%) and transport sector (8%). Overall, the global LPG market is registering 5.3% growth rate and is expected to continue its growth momentum in near future too. Increasing global LPG trade will create market opportunity for LPG tankers.

Close to 96 LPG tankers were sold in 2017. LPG carriers shipped over 90 million tonnes of gas worldwide. While the demand for LPG tanker is escalating, higher cost along with market volatility (oversupply issues) has affected the net growth.

Global LPG Tanker Market Analysis, By Capacity

LPG gas tanker ships are categorized into small, medium, and large scale capacity carriers. Small capacity ships range from 500 to 3,000 cubic meters. Medium ships are from 3,000 to 6,000 cubic meters. While medium capacity ships dominated the overall market, large container ships is gaining higher prominence and is replacing it at higher pace.

Global LPG Tankers Market Size and Forecast: Regional Analysis

Globally, majority of LPG tankers shipment took place in North America. Over 67% of the unit shipment took place in U.S. in 2017. However, most of these companies are operational in Middle East – largest exporter of natural gases. As a matter of fact, 83% of the LPG tanker companies are based in North America and Europe. Asia Pacific stands next to these region. China and Japan are key regions.

Global LPG Tankers Market Size and Forecast: Competition Landscape

The industry is highly consolidated. Some key LPG Gas Tankers Shipping Market Players are:

  • StealthGas Inc.
  • Avance Gas
  • Navigator Holdings Ltd.
  • Great Eastern Shipping Company Ltd.
  • Dorian LPG
  • Pertamina

Industry Segmentation

By Product Type:

  • Small Container LPG Carriers
  • Medium Container LPG Carriers
  • Large Container LG Carriers

What Will You Discover in the Report?

  • An in-depth analysis of the LPG Tanker market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the LPG Tanker market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the LPG Tanker market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the LPG Tanker industry during the forecast period
  • Who are the LPG Tanker industry leaders and what are the key initiatives taken by them for long term growth

Who will benefit from the Report?

  • LPG Tanker Industry Suppliers
  • LPG Tanker Industry Manufacturers
  • Consultants and Analysts
  • Researchers
  • Industry Specialists

Analyst access with Bekryl Market Analysts

Purchasing of LPG Tanker market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

LPG Tankers Market Overview

  1. Executive Summary
  2. Research Methodology
  3. LPG Tankers Market Overview
    • Market Outlook and Forecast
    • Growth Forecast Analysis Scenario
    • Shipping Containers Market Analysis (Parent Market)
    • Total Gas Carrier Units Analysis (Parent Market)
    • Export-Import Analysis, By Selected Countries
    • Value Chain Analysis
    • R&D Spending Analysis
    • Leading Industry Players
  4. LPG Tankers Market Dynamics
    • Market Drivers
    • Restraints
    • Trends
      • Regional Trends
      • Company Trends
    • Opportunities
    • Marketed Details
    • Porters Analysis
    • PESTLE Analysis
    • Market Investment Proposition
    • Key Developments and Mergers and Acquisitions
  5. LPG Tankers Pricing Analysis
    • Pricing Forecast, Across Regions
    • Pricing Trends
  6. LPG Tankers Market, By Product Type (Vessel Capacity)
    • Introduction and Key Trends
    • Market Share Analysis, 2017 and 2028 (%)
    • Small Containers
      • Market Value Forecast, 2017-2028, (US$ Mn)
      • Y-o-Y Growth Analysis (%)
    • Medium Containers
      • Market Value Forecast, 2017-2028, (US$ Mn)
      • Y-o-Y Growth Analysis (%)
    • Large Containers
      • Market Value Forecast, 2017-2028, (US$ Mn)
      • Y-o-Y Growth Analysis (%)
    • Market Attractiveness Analysis
  7. LPG Tankers Market, By Region
    • Introduction
    • Regional Trends
    • Regional Market Share Analysis, 2017 and 2028 (%)
    • Industry Value Proposition Analysis
    • Comparative Ranking Analysis, By Segments
    • Key Developments
  8. North America LPG Tankers Market Size
    • Introduction
    • Key Trends
    • Successive Revenue Opportunity Analysis
    • Revenue Analysis (US$ Million), By Product Type
    • Revenue Analysis (US$ Million), By Country
      • USA LPG Tankers Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Canada LPG Tankers Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
  1. Western Europe LPG Tankers Market Size
    • Introduction
    • Key Trends
    • Successive Revenue Opportunity Analysis
    • Revenue Analysis (US$ Million), By Product Type
    • Revenue Analysis (US$ Million), By Country
  1. Central and Eastern Europe (CEE) LPG Tankers Market Size
    • Introduction
    • Key Trends
    • Successive Revenue Opportunity Analysis
    • Revenue Analysis (US$ Million), By Product Type
  1. Asia Pacific
    • Introduction
    • Key Trends
    • Successive Revenue Opportunity Analysis
    • Revenue Analysis (US$ Million), By Product Type
  1. Latin America LPG Tankers Market Size
    • Introduction
    • Key Trends
    • Successive Revenue Opportunity Analysis
    • Revenue Analysis (US$ Million), By Product Type
  1. Middle East
    • Introduction
    • Key Trends
    • Successive Revenue Opportunity Analysis
    • Revenue Analysis (US$ Million), By Product Type
  1. Africa LPG Tankers Market Size
    • Introduction
    • Key Trends
    • Successive Revenue Opportunity Analysis
    • Revenue Analysis (US$ Million), By Product Type
  1. Company Landscape
    • Competition Dashboard
    • Company Market Positioning, 2018
    • Key Distributors, By Regional Presence
    • Distribution Channel Matrix
    • Company Profiles
      • StealthGas Inc
        • Overview
        • Key Developments
        • Business Strategy
          • Product Level
          • Go-to-Market
          • Regional Level
        • SWOT Analysis
        • Regional Presence
      • Avance Gas
      • Navigator Holdings Ltd.
      • Great Eastern Shipping Company Ltd.
      • Dorian LPG
      • Pertamina
      • EXMAR

(Key Pointers Covered for all other companies)

 

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2018-12-01T11:50:23+00:00 December 1st, 2018|