LPG Tanker Market: Segmentation
Gas tankers can be fully pressurized, fully refrigerated, or semi-pressurized. Carriers for ethylene are regarded as a separate segment in the market because these require extra refrigeration.
The capacity of such carries can range from as low as 500 cubic meters to over 10,000 cubic meters. Thus, the type of gas tanker selected would directly depend on the volume of LPG that is to be transported or stored. By size, the types of LPG tankers available on the market are small, medium, large, and very large gas carriers.
LPG Tanker Market: Region-wise Outlook
By geography, the global market for LPG tankers can be segmented into: North America, Asia Pacific, Europe, and Rest of the World. Because the Middle East has conventionally been the hub for oil production, the LPG gas tanker market in the region has been relatively large. However, with shale oil production showing a spike in the U. S. and Canada, oil and gas companies in these countries are now spending more on transporting the resource. That will, consequently, cause the demand for LPG tankers to rise in these countries.
The demand for energy is at an all-time high in emerging APAC countries. This will also create million-dollar opportunities for the LPG tanker market in the region.
Top players in this space include, but are not limited to: Great Eastern Shipping Company Ltd., Navigator Holdings Ltd., EXMAR, and Pertamina.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
About Us