Title: Global Tank Wagons Market Outlook Through 2023-2032
1Tank Wagons Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
2Tank Wagons Market Segments
The Business Research Company segments its Tank
Wagons market report as
Pressurized Railraod tank car, General Purpose or
Non-Pressurized tank car
By Tank Pressure Type
By Application
Crude Oil, Ethanol, Liquefied Gases, Bio Fuels,
Milk, Chemicals, Other Applications
By Protection Type
Insulated, Non-insulated
By Industry
3Market Statistics
The global tank wagon market size will grow from
67.44 billion in 2022 to 70.56 billion in 2023
at a compound annual growth rate (CAGR) of 4.6.
The market size of the global tank wagon is
expected to grow to 82.63 billion in 2027 at a
CAGR of 4.0.
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4Key Market Drivers And Trends
Drivers
Increased demand for liquids and gases as a raw
material in the residential and petrochemical
sectors that use railways as one of the modes of
transportation is contributing to the growth of
the tank waggon market.
Trends
The launch of the internet of things (IoT) to
fast-track the safety and compliance of rail
tanks has created immense demand in the tank
waggon market.
Region
Asia-Pacific was the largest region in the
control valve market. The regions covered in the
global control valve market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa.
5Key Market Players
- Major players in the Tank Wagons market are
- American Railcar Industries Inc.
- GATX
- National Steel Car
- The Greenbrier Companies
- Trinity Industries Inc.
- And more.
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