Title: Chemical Tankers Market
1Chemical Tankers MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- The Chemical Tankers Market size is forecast to
reach US35.6 billion by 2027, after growing at a
CAGR of 4.1 during the forecast period
2022-2027. Chemical tankers are cargo ships used
for the transportation of liquid chemicals in
bulk. Chemical tankers range from 5,000 to 59,000
deadweight tonnage (DWT) in size and have cargo
tanks that are either coated with epoxy or zinc
paint or made from stainless-steel. Chemical
cargoes carry chemicals such as caustic soda,
sulfuric acid, methanol, many other organic
inorganic chemicals, all of which may be
hazardous. Based on the hazards, chemical tankers
are designed, constructed and operated to
mitigate the risks.
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- Key Takeaways
- Asia-Pacific dominates the Chemical Tankers
Market on account of the established chemical
industry in the region. According to Invest
India, the chemicals petrochemicals sector is
expected to grow to US300 billion by 2025. - Chemical tankers are vessels that are used to
carry liquids in bulk, from methanol to vegetable
oils. - Based on the chemicals transported, different
types of coatings are used for the tanker. For
instance, edible crude vegetable oils require
epoxy coating. Acids and other harsh chemicals
are transported in stainless-steel tankers. Some
tankers also have zinc coating.
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By Distribution Channel- Segment Analysis The
IMO II segment held the largest share in the
Chemical Tankers Market in 2021. Chemical tankers
may carry dangerous, flammable, toxic chemicals.
In order to transport goods, chemical tankers
need to have the proper International Maritime
Organization (IMO) hazard classification of
either type I, II or III. A type I chemical
tanker is intended to transport most hazardous
chemicals, requiring maximum preventive measures
to prevent any leakage of cargo. Type II chemical
tanker is intended to transport chemicals
requiring significant preventive measures whereas
type III chemical tanker is intended to transport
chemicals requiring a moderate degree of
containment to increase survival capability in a
damaged condition. Most chemical tankers are IMO
II III since the volume of IMO I cargoes is
limited.
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- Chemical Tankers Industry Outlook
- Stolt-Nielsen
- Odfjell
- Navig8 Chemicals
- Wilmar International
- Mitsui O.S.K. Lines
- IINO KAIUN KAISHA, LTD.
- Tokyo Marine Asia Pte Ltd
- Nordic Tankers
- Seatrans Chemical Tankers
- Bahri Chemicals
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Chemical Tankers Market Forecast (2022 -
2027) Learn More About the
Report _at_ https//www.industryarc.com/Research/Ch
emical-Tankers-Market-Research-500318
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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