The global demand for ISO Tank Container Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Units in 2019 and foreseen to touch XX Kilo Units by 2026 with a CAGR of XX% during 2020-2026.
ISO tank containers are tanks built with complaints to the ISO standard to meet various regulations. These tanks are designed to carry fluids in bulk, both hazardous and non-hazardous. The container is made of stainless steel jacketed by various types of protective layers, making it suitable for different modes of transportation. ISO tank container is a highly reliable, cost-effective, and safe way of transporting bulk liquids from place to place. ISO tank is a highly reliable, cost-effective, and safe way of transporting bulk liquids from place to place. They do not require additional packaging materials and are unlikely to leak, and can maintain a specific temperature for the temperature-sensitive load.
The global ISO tank container market is estimated to grow at a significant pace during the forecast period. The growing transportation due to flourishing industries and globalization has raised the demand for ISO tank containers. Rising long-distance and international transport of liquid chemicals are augmenting the growth of the market. There has been a continuous investment in technology. Players are adopting various strategies to maintain dominance in the market. Whereas there is a trend towards outsourcing tank logistics to tank operators, there remains a fleet of tanks directly controlled by shippers and others. As a result of the tendency to outsource tank logistics, it is estimated that the demand will remain bit static. On the flip side, other means of transportation such as pipeline, bulk tankers, parcel tankers, or drums, hinder the growth of the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of ISO tank container.
The entire ISO tank container market has been sub-categorized into product type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- Marine Transportation
- Land Transportation
This section covers regional segmentation which accentuates on current and future demand for ISO tank container market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global ISO Tank Container Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the ISO tank container market include CIMC, NT Tank, Welfit Oddy, Singamas, CXIC Group. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.