The global LPG tanker market is expected to exhibit a growth rate (CAGR) of 5% during 2023-2028. More Info:- https://www.imarcgroup.com/lpg-tanker-market

1. Global LPG Tanker
Market Research and
Forecast Report 2023-
2028
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved

2. About IMARC Group
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3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "LPG Tanker Market:
Global Industry Trends, Share, Size, Growth, Opportunity and Forecast
2023-2028," the global LPG tanker market is expected to exhibit a growth rate
(CAGR) of 5% during 2023-2028.
A liquefied petroleum gas (LPG) tanker is a vessel specially designed to
enable the bulk transportation of petroleum gases. It contains numerous
separate reservoirs stacked in cargo holds. Some standard product variants
include small-pressurized, insulated, refrigerated seagoing, and semi-
pressurized tanks. These tankers are usually made from carbon steel, and the
wall thickness is based on industrial requirements. They can be further
segregated into single- or double-hull tankers, depending on safety
preconditions.
LPG tankers are cleaner, easier to maintain, provide higher efficiency, and
avoid technical difficulties during transportation; thus, they are used to carry
and move ammonia, propylene, and vinyl chloride. Apart from this, LPG tankers
are widely employed in several sectors, such as oil and gas, petrochemical,
automotive, and refinery. Currently, they are available in very large, medium,
and small sizes that can be powered by a controllable-pitch propeller or a
geared diesel system.
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tanker-market/requestsample

4. Report Description
Global LPG Tanker Market Trends:
The considerable growth in LPG gas trading activities due to the rising product demand in the petrochemical
sector represents a prime factor driving the market growth. Moreover, the shifting focus toward oil & gas
production from shale rock owing to volatile crude oil prices and the uptake of hydraulic fracturing and horizontal
drilling processes is favoring the market growth. This, in turn, has fostered the trade of LPG, thus facilitating the
demand for effective bulk liquid handling systems across the globe. Additionally, LPG is clean, cost-efficient,
portable, convenient, and non-toxic, on account of which it is frequently used as an alternative to coal and wood.
Furthermore, the increasing adoption of LPG for heating, ventilation, and air conditioning (HVAC) and cooking
applications and as a feedstock for producing fertilizers and petrochemicals is propelling the market growth. In
line with this, significant technological advancements in LPG tankers, including the advent of semi-membrane
tanks and their large-scale integration with bow wave resistance systems on the tanker's hull, are supporting the
market growth. Apart from this, stringent regulations and guidelines regarding emissions are pushing
manufacturers to introduce engines with higher efficiency, employ cleaner fuels, and undertake extensive
infrastructural developments, which is positively influencing the market growth.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/lpg-tanker-market

5. Report
Segmentation
Breakup by Vessel Size:
• Very Large Gas Carrier
• Large Gas Carrier
• Medium Gas Carriers
• Small Gas Carrier
Breakup by Refrigeration and Pressurization:
• Fully Pressurized
• Semi-pressurized
• Fully Refrigerated
• Extra Refrigerated (Ethylene Gas Carriers)

6. Report
Segmentation
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

7. Competitive
Landscape with
Key Players
• BW Group
• Dorian LPG Ltd.
• EXMAR
• Hyundai Heavy Industries Co. Ltd.
• Kawasaki Heavy Industries Ltd.
• Kuwait Oil Tanker Company S.A.K
• Mitsubishi Heavy Industries Ltd
• StealthGas Inc.
• STX Corporation (Afc Mercury Co. Ltd)
• The Great Eastern Shipping Co. Ltd.

8. Key Questions
Answered in
the Report
What is the expected growth rate of the global LPG
tanker market during 2023-2028?
What are the key factors driving the global LPG
tanker market?
What has been the impact of COVID-19 on the global
LPG tanker market?
What is the breakup of the global LPG tanker market
based on the vessel size?
What is the breakup of the global LPG tanker market
based on the refrigeration and pressurization?
What are the key regions in the global LPG tanker
market?
Who are the key players/companies in the global LPG
tanker market?

9. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global LPG Tanker Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Vessel Size
6.1 Very Large Gas Carrier
6.1.1 Mark et Trends
6.1.2 Mark et Forecast
6.2 Large Gas Carrier
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
6.3 Medium Gas Carriers
6.3.1 Mark et Trends
6.3.2 Mark et Forecast

10. Table of
Contents
6.4 Small Gas Carrier
6.4.1 Mark et Trends
6.4.2 Mark et Forecast
7 Market Breakup by Refrigeration and Pressurization
7.1 Fully Pressurized
7.1.1 Mark et Trends
7.1.2 Market Forecast
7.2 Semi-pressurized
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Fully Ref rigerated
7.3.1 Mark et Trends
7.3.2 Mark et Forecast
7.4 Extra Ref rigerated (Ethylene Gas Carriers)
7.4.1 Mark et Trends
7.4.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Mark et Trends
8.1.1.2 Mark et Forecast
8.1.2 Canada
8.1.2.1 Mark et Trends
8.1.2.2 Mark et Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Mark et Trends
8.2.1.2 Mark et Forecast
8.2.2 Japan
8.2.2.1 Mark et Trends
8.2.2.2 Mark et Forecast
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https://www.imarcgroup.com/lpg -tanker-market/toc

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