Chemical Tankers Market Growth and Size | Industry Research Report 2025

1. Market Overview: The global chemical tankers market was worth USD 26.59 billion in 2020 and is estimated to attain USD 33.11 billion by 2025, with a compound annual growth rate (CAGR) of around 4.5% during the period between 2020 and 2025. Chemical tankers are cargo ships made for the shipping of any liquid bulk chemicals. These tankers carry chemicals in a different form. Chemical tankers are mainly built to maintain the consistency of the substances they take on board. These tankers are covered with some elements which make it easier to recognize the chemicals to be transported. Different kinds of chemical tankers are usually employed to transport bulk chemicals. Segmentation can be done on the basis of criteria like the kind of chemical carried by the tanker, the type of coating applied in the tanker, the travel routes and the type of product. Market drivers and restraints: The growing gross domestic product (GDP) of developing economies like India, China and Singapore results in the escalated call for a range of chemicals. The fast development of the shale gas business is estimated to be the primary driver of the North American market. The market in the Middle East is expected to be driven by refinery growth plans. To know more, click on the link below: https://www.marketdataforecast.com/market-reports/chemical-tankers-market Report segmented as: By type: IMO type 1 IMO type 2 Kind of imo 3 By product: Organic oil Inorganic oil Vegetable oil Geographical analysis: On the basis of region, the global chemical tankers market is segregated into regions namely, North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. The Middle East region is estimated to lead the global market in the coming years. Important market players: The key players in the chemical tankers market include Bahri (Saudi Arabia), Stolt-Nielsen (UK), Odfjell (Norway), Navig8 (UK), MOL Chemical Tankers (Singapore), Nordic Tankers (Denmark),

2. Wilmar International (Singapore), MISC Berhad (Malaysia), Team Tankers (Bermuda), and Iino Kaiun Kaisha (Japan). View a sample and decide: https://www.marketdataforecast.com/market-reports/chemical-tankers-market The Scope of the report: This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors. Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/