An oil tanker, also known as a petroleum tanker, is a merchant ship designed for the bulk transport of oil. There are two basic types of oil tankers: crude tankers and product tankers. Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. For example, moving crude oil from oil wells in Nigeria to the refineries on the coast of the United States. Product tankers, generally much smaller, are designed to move refined products from refineries to points near consuming markets. For example, moving gasoline from refineries in Europe to consumer markets in Nigeria and other West African nations.
This report contains market size and forecasts of Oil Tanker Cargo Ships in global, including the following market information:
Global Oil Tanker Cargo Ships Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Oil Tanker Cargo Ships Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Oil Tanker Cargo Ships companies in 2021 (%)
The global Oil Tanker Cargo Ships market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
VLCC Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Oil Tanker Cargo Ships include Anhui Peida Ship Engineering, Astilleros Jose Valiña, Astilleros Zamakona, Bodewes Shipyards B.V., Brodosplit Shipyard, Construcciones Navales Del Norte, CSBC Corporation, DAEWOO SHIPBUILDING and Damen, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Oil Tanker Cargo Ships manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Oil Tanker Cargo Ships Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Oil Tanker Cargo Ships Market Segment Percentages, by Type, 2021 (%)
VLCC
ULCC
Global Oil Tanker Cargo Ships Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Oil Tanker Cargo Ships Market Segment Percentages, by Application, 2021 (%)
Deep Sea
Offshore
Global Oil Tanker Cargo Ships Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Oil Tanker Cargo Ships Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Oil Tanker Cargo Ships revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Oil Tanker Cargo Ships revenues share in global market, 2021 (%)
Key companies Oil Tanker Cargo Ships sales in global market, 2017-2022 (Estimated), (Units)
Key companies Oil Tanker Cargo Ships sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Anhui Peida Ship Engineering
Astilleros Jose Valiña
Astilleros Zamakona
Bodewes Shipyards B.V.
Brodosplit Shipyard
Construcciones Navales Del Norte
CSBC Corporation
DAEWOO SHIPBUILDING
Damen
General Dynamics NASSCO
Greenbay marine
HANJIN HEAVY INDUSTRIES AND CONSTRUCTION
Hijos de J. Barreras
Hitzler Werft
HYUNDAI HEAVY INDUSTRIES
Imabari Shipbuilding
MITSUBISHI HEAVY INDUSTRIES - Ship & Ocean
Mitsui Engineering & Shipbuilding
Namura Shipbuilding
Nuovi Cantieri Apuania
SAMSUNG HEAVY INDUSTRIES
SembCorp Marine
STX SHIPBUILDING