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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global ISO Tank Container Market Analysis by Region
The Asia Pacific is anticipated to hold a leading position in the market owing to China being a major producer of ISO tanks. China is also focused on expanding its port capacities and shipping capabilities, supported by government policies and investments aimed at bolstering the maritime and container manufacturing industries. Initiatives such as the One Belt One Road aim to enhance China's shipping infrastructure, further solidifying its role in the global market.
Meanwhile, North America is expected to maintain a substantial share of the ISO tank container market, driven by the construction of new warehouses and distribution centres. The strong presence of leading global manufacturers in North America further contributes to the region's market strength.
ISO Tank Container Market Report Snapshots
ISO Tank Container Market Size
ISO Tank Container Market Trends
ISO Tank Container Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is projected to grow at a CAGR of 7.2% between 2024 and 2032.
The major drivers of the market are the rising usage of petrochemicals in various end-use sectors, the rising demand for ISO tank containers in developing countries, and the high corrosion resistance and strength offered by ISO tank containers.
The expanding maritime trading, the increasing manufacturing of ISO tank containers, and the capacity and durability offered by ISO tank containers are the key trends guiding the market growth.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different applications of ISO tank containers include chemicals, petrochemicals, food and beverage, pharmaceuticals, and industrial gas, among others.
The various transport modes of ISO tank containers are road, rail, and marine.
An ISO container refers to a standardised intermodal freight container designed and built in accordance with the specifications set by the International Organization for Standardization (ISO).
The major players in the market are Stolt-Nielsen Limited, HOYER GmbH, Bertschi AG, Bulkhaul Ltd., and Danteco Industries BV, among others.
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