Tank container is specific type of container, used to transport hazardous & non-hazardous materials. It is a stainless steel container that is closed by insulation and protected with a layer of polyurethane and aluminum. Standard tank container comprises of a manhole, and one valve on the top & one at the bottom. The tank container is loaded and unloaded by connecting hoses to the tank valves and is usually done by pumps. The selection of loading & unloading of the tank container depends on the installation & regulation of products it contains. Tank containers are usually used in the transportation and handling of liquid products like oil, chemicals, and liquid food products.
As per analysis, Global
Tank Container Shipping Market Report 2020 by Key Players, Types, Applications,
Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide
Spread). Some of the key companies operating in the global tank
container shipping market include Stolt-Nielsen Limited (SNL), Den Hartogh
Logistics, HOYER Group, Bulkhaul, NewPort and among others. These players are
focusing on joint venture & acquisitions in order to maintain their leading
positions in the global tank container shipping market. Additionally, players
are focused on providing high quality services in order to keep their customer
base. A large number of tank container operators as well as companies around
the world offer various services. Large companies usually offer a wide range of
services while smaller companies can offer services in a specific region or
with a type of tank.
Based on types, tank container shipping market can be segregated as fruit juices, chemicals, gases, wines & spirits, sweet oils, fuels, toxic substances and others. In addition, based on applications, market can be segregated as petroleum, oil & gas, chemicals and others. Oil & gas segment is predicted to exhibit considerable growth rate due to rise in demand and supply of hydrocarbons and oil & gas during the forecast period.
Rise in use of fleet management
systems, followed by low price, disadvantages of pipeline transportation, and
rise in demand from oil & gas industry are some major factors, which are
responsible for growth of the tank container shipping market. The demand for
oil & gas has increased considerably across the world due to increase in
use of natural gas for power generation and rise in demand for petroleum
products across the world. As a result, investments in the tank container
shipping are increasing rapidly. This is anticipated to drive the global expansion
of the tank container shipping market. Apart from this, high initial costs and
on-going maintenance expenses may impact the market. Moreover, difficult to
transport under slack (partially full) conditions, is a major challenge for
global market. Furthermore, growth of intermodal shipping transportation is a
key trend or global market.
Based on regional analysis, the
Europe region dominates the global tank container shipping market owing to
growth in oil & gas industry across the region. The Asia-Pacific and
North-America regions are anticipated to witness higher growth rate due to
growth in technological innovations & technical breakthroughs over the
forecast period.
For More Information, Click on the Link Below:-
Global
Tank Container Shipping Market
Related Reports:-
Global
Tank Container Shipping Industry Market Research Report
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing &
Communications
+91-9015378249
Follow Us
