Tank Container Market by Application (Chemical Industry, Food and Beverage Industry, Energy Industry), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2020 to 2027
Published On: February 2020
 
Report ID:411548
 
 
Pages: 179




The global tank container market is expected to grow from USD 1.34 billion in 2019 to USD 3.27 billion by 2027, at a CAGR of 11.64% during the forecast period from 2020-2027. The growth in the oil and gas demand is one of the main driving factors for the growth of the tank container market. The demand for petroleum products has been continuously rising, which has resulted in an increasing need for tank container shipping services across the globe. Furthermore, the rising use of natural gas for power generation, propelling the growth of the market. However, high prices of tank containers are anticipated to hamper the market growth over the forecast period.

The tank container market has been segmented on the basis of application and region. The application segment includes the chemical industry, food and beverage industry, energy industry, and others. The energy industry segment held the largest market share of 38.12% and valued at USD 509.19 million in 2019. This is attributable due to the higher volume of product storage needs and provides stacked systems that offer less handling and a safer hookup of multiple systems.

The market has been divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific held the largest market share of 41.27% in 2019. China is the fastest-growing region in the tank container market with the highest CAGR of 10.72% owing to a steady demand for maintenance services. In China, most tank containers are refurbished every year. Around 1,500 tanks were refurbished or remanufactured in China during 2014, compared to 600 in South Africa and 900 refurbished by operators in-house, according to Asian Tank Container Organization.

Key players in the tank container market are Welfit Oddy (Pty) Ltd., UBH International Limited, Nantong CIMC Smooth Sail Container Co., Ltd., CIMC Tank, Singamas Container Holdings Limited, Nantong Tank Container CO., Ltd., Seaco Global Ltd, CXIC Group Containers Co. Ltd., Yuchai Dongte Special Purpose Automobile Co. Ltd., and EXSIF Worldwide, Inc. among others. Developing and developed countries are offering greater opportunities and major players are continuously focused on new developments, strategic partnerships, acquisitions and venture capital investments to obtain high growth in the market. In January 2020, CIMC Tank announced that it has entered into the UK market by launching a UK-based engineering and customer support centre with a market focus on intermodal tanks for the bulk transport of dangerous goods and food grade products.

This study forecasts revenue growth at global, regional, and country levels from 2014 to 2027. Fior Markets has segmented the on the basis of below-mentioned segments:

  • Global Tank Container Market Analysis And Forecast, By Application
    • Chemical Industry
    • Food And Beverage Industry
    • Energy Industry
    • Others
  • Global Tank Container Market Analysis And Forecast, By Regional Analysis
    • North America
      • The U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • Sweden
      • Netherland
      • The U.K.
      • Italy
      • Spain
      • Turkey
      • Switzerland
      • Belgium
      • Rest Of Europe
    • Asia-Pacific
      • Japan
      • China
      • India
      • South Korea
      • Australia
      • Singapore
      • Malaysia
      • Thailand
      • Indonesia
      • Philippines
      • Rest Of APAC
    • South America
      • Brazil
      • Argentina
      • Peru
      • Colombia
      • Rest Of South America
    • The Middle East And Africa
      •  UAE
      •  Saudi Arabia
      •  Egypt
      •  Nigeria
      •  South Africa
      • Rest Of MEA

Chapter 1 Introduction 11
    1.1 Research Methodology 11
    1.2 FMR Desk Research 12
          1.2.1 FMR Data Synthesis 13
          1.2.2 Data Validation And Market Feedback 13
          1.2.3 FMR Data Sources 14
 

Chapter 2 Global Tank Container Market Overview 16
    2.1 Definition of Tank Container in This Report 16
    2.2 Commercial Types of Tank Container 18
    2.3 Downstream Application of Tank Container 19
          2.3.1 Chemical Industry 20
          2.3.2 Food and Beverage Industry 20
          2.3.3 Energy Industry 21
          2.3.4 Others 21
    2.4 Development History of Tank Container 22
    2.5 Market Status and Trend of Tank Container 2014-2027 23
          2.5.1 Global Tank Container Market Status and Trend 2014-2027 23
    2.6 Regional Tank Container Market Status and Trend 2014-2018 25
          2.6.1 North America Market Status and Trend 2014-2018 25
          2.6.2 Europe Market Status and Trend 2014-2018 27
          2.6.3 APAC Market Status and Trend 2014-2018 29
          2.6.4 Middle East and Africa Market Status and Trend 2014-2018 31
          2.6.6 Latin America Market Status and Trend 2014-2018 35
 

Chapter 3 Global Market Status by Regions 37
    3.1 Market Development of Tank Container 2014-2018 37
    3.2 Production Market of Tank Container by Regions 39
          3.2.1 Regions Production Value of Tank Container by Regions 41
          3.2.2 Regions Demand Volume (Units) of Tank Container by Regions 46
    3.3 Market Forecast of Tank Container by Regions 2019-2027 47
 

Chapter 4 Global Tank Container Production by Type 50
    4.1 Production Volume of Tank Container by Types 50
    4.2 Production Value of Tank Container by Types 55
    4.3 Market Forecast of Tank Container by Types 60
 

Chapter 5 Global Market Status by Downstream Industry 64
    5.1 Demand Volume of Tank Container by Downstream Industry 64
    5.2 Market Forecast of Tank Container by Downstream Industry 69
 

Chapter 6 Market Driving Factor Analysis of Tank Container 72
    6.1 Global Economy Situation and Trend Overview 72
    6.2 Tank Container Downstream Industry Situation and Trend Overview 72
 

Chapter 7 Tank Container Market Competition Status by Major Manufacturers 73
    7.1 Production Volume of Tank Container by Major Manufacturers 73
    7.2 Production Value of Tank Container by Major Manufacturers 77
    7.3 Basic Information of Tank Container Major Manufacturers 81
          7.3.1 Plant Location and Established Time of Tank Container Major Manufacturer 81
    7.4 Market Competition News and Trend 82
 

Chapter 8 Tank Container Major Manufacturers Introduction and Market Data 84
    8.1 Welfit Oddy (Pty) Ltd. 84
          8.1.1 Company Profile 84
          8.1.2 Representative Tank Container Industry Product of Welfit Oddy (Pty) Ltd. 86
          8.1.3 Tank Container Industry Sales, Revenue, Price and Gross Margin of Welfit Oddy (Pty) Ltd. 88
    8.2 UBH International Limited 90
          8.2.1 Company Profile 90
          8.2.2 Representative Tank Container Industry Product of UBH International Limited 91
    8.3 Nantong CIMC Smooth Sail Container Co., Ltd. (subsidiary of APAC International Marine Containers Group Co. Ltd.) 96
          8.3.1 Company Profile 96
          8.3.2 Representative Tank Container Industry Product of Nantong CIMC Smooth Sail Container Co., Ltd. 97
    8.4 Singamas Container Holdings Limited 99
          8.4.1 Company Profile 99
          8.4.2 Representative Tank Container Industry Product of Singamas Container Holdings Limited 101
          8.4.3 Tank Container Industry Sales, Revenue, Price and Gross Margin of Singamas Container Holdings Limited 103
    8.5 Nantong Tank Container CO., Ltd. (subsidiary of Nantong Square Cold Chain Equipment Co., Ltd.) 105
          8.5.1 Company Profile 105
          8.5.2 Representative Tank Container Industry Product of Nantong Tank Container CO., Ltd. 106
          8.5.3 Tank Container Industry Sales, Revenue, Price and Gross Margin of Nantong Tank Container CO., Ltd. 110
    8.6 CXIC Group Containers Co. Ltd. 112
          8.6.1 Company Profile 112
          8.6.2 Representative Tank Container Industry Product of CXIC Group Containers Co. Ltd. 113
          8.6.3 Tank Container Industry Sales, Revenue, Price and Gross Margin of CXIC Group Containers Co. Ltd. 117
    8.7 Yuchai Dongte Special Purpose Automobile Co. Ltd. 119
          8.7.1 Company Profile 119
          8.7.2 Representative Tank Container Industry Product of Yuchai Dongte Special Purpose Automobile Co. Ltd. 121
    8.8 EXSIF Worldwide, Inc. 123
          8.8.1 Company Profile 123
          8.8.2 Representative Tank Container Industry Product of EXSIF Worldwide, Inc. 124
    8.9 Seaco Global Ltd (subsidiary of SeaCo SRL) 126
          8.9.1 Company Profile 126
          8.9.2 Representative Tank Container Industry Product of Seaco Global Ltd 127
 

Chapter 9 Upstream and Downstream Market Analysis of Tank Container 130
          9.1.1 Industry Chain of Tank Container 130
    9.2 Upstream Market and Representative Suppliers Analysis 131
          9.2.1 Upstream Raw Material Market Analysis 131
          9.2.2 Upstream Market and Representative Suppliers Analysis 132
    9.3 Downstream Market and Representative Companies 133
          9.3.1 Chemical Industry 133
          9.3.2 Food and Beverage Industry 133
          9.3.3 Energy Industry 133
          9.3.4 Others 134
          9.3.5 Representative Consumers of Tank Container by Industry 135
 

Chapter 10 Cost and Gross Margin Analysis of Tank Container 136
    10.1 Proportion of Manufacturing Cost Structure 136
          10.1.1 Labor Cost Analysis 137
                   10.1.1.1 USA Labor Cost Analysis 138
    10.1 Manufacturing Process Analysis 142
    10.2 Distributors/Traders List 143
 

Chapter 11 Research Findings and Conclusion 144
 


List of Figures 

FIG. 1 Representative Commercial Product Picture of Tank Container 17

FIG. 2 Global Shipments Volume Share of Tank Container by Types in 2014 18

FIG. 3 Demand Volume Share of Tank Container by Downstream Industry in 2019 19

FIG. 4 Global Tank Container Market Status and Trend 2014-2027 23

FIG. 5 Global Tank Container Market Size Comparison in 2014, 2018 and 2027 24

FIG. 6 North America Tank Container Revenue and Growth Rate 2014-2018 25

FIG. 7 Europe Tank Container Revenue and Growth Rate 2014-2018 27

FIG. 8 APAC Tank Container Revenue and Growth Rate 2014-2018 29

FIG. 9 Middle East and Africa Tank Container Revenue and Growth Rate 2014-2018 31

FIG. 10 Rest of APAC Tank Container Revenue and Growth Rate 2014-2018 33

FIG. 11 Latin America Tank Container Revenue and Growth Rate 2014-2018 35

FIG. 12 Production Volume and Growth Rate of Tank Container 2014-2018 37

FIG. 13 Production Value and Growth Rate of Tank Container 2014-2018 38

FIG. 14 Production Value Share of Tank Container by Regions in 2015 43

FIG. 15 Production Value Share of Tank Container by Regions in 2018 44

FIG. 16 Production Value Growth Rate Comparison of Tank Container by Regions 2014-2018 45

FIG. 17 Production Volume Forecast Share of Tank Container by Regions in 2027 49

FIG. 18 Production Volume Share of Tank Container by Types in 2015 52

FIG. 19 Production Volume Share of Tank Container by Types in 2018 53

FIG. 20 Production Volume Growth Rate Comparison of Tank Container by Types 2014-2018 54

FIG. 21 Production Value Share of Tank Container by Types in 2015 57

FIG. 22 Production Value Share of Tank Container by Types in 2018 58

FIG. 23 Production Value Growth Rate Comparison of Tank Container by Types 2014-2018 59

FIG. 24 Production Volume Share Forecast of Tank Container by Types in 2027 61

FIG. 25 Production Value Share Forecast of Tank Container by Types in 2027 63

FIG. 26 Demand Volume Share of Tank Container by Downstream Industry in 2015 66

FIG. 27 Demand Volume Share of Tank Container by Downstream Industry in 2018 67

FIG. 28 Demand Volume Growth Rate Comparison of Tank Container by Downstream Industry 2014-2018 68

FIG. 29 Demand Volume Growth Rate Comparison of Tank Container by Downstream Industry in 2027 70

FIG. 30 Demand Volume Growth Rate Comparison of Tank Container by Downstream Industry 2019-2027 71

FIG. 31 Production Volume Share of Tank Container by Major Manufacturers in 2015 75

FIG. 32 Production Volume Share of Tank Container by Major Manufacturers in 2018 76

FIG. 33 Production Value Share of Tank Container by Major Manufacturers in 2015 79

FIG. 34 Production Value Share of Tank Container by Major Manufacturers in 2018 80

FIG. 35 Tank Container Revenue and Market Share of Welfit Oddy (Pty) Ltd. 2015-2018 89

FIG. 36 Tank Container Revenue and Market Share of Singamas Container Holdings Limited 2015-2018 104

FIG. 37 Tank Container Revenue and Market Share of Nantong Tank Container CO., Ltd. 2014-2018 111

FIG. 38 Tank Container Revenue and Market Share of CXIC Group Containers Co. Ltd. 2015-2018 118

FIG. 39 Industrial Chain of Tank Container 130

FIG. 40 Common Cost Structure of Tank Container 136

FIG. 41 USA Overview of Average Hourly Wages 2015-2016 (USD/Hour) 138

FIG. 42 Middle East and Africa  CPI  (2017-2018) 140

FIG. 43 Europe CPI (2014-2018) 141

FIG. 44 Manufacturing Process 142

List of Tables

TABLE 1 North America Tank Container Market Main Driving Factors Analysis 26

TABLE 2 Europe Tank Container Market Main Driving Factors Analysis 28

TABLE 3 APAC Tank Container Market Main Driving Factors Analysis 30

TABLE 4 Middle East and Africa Tank Container Market Main Driving Factors Analysis 32

TABLE 5 Rest of APAC Tank Container Market Main Driving Factors Analysis 34

TABLE 6 Latin America Tank Container Market Main Driving Factors Analysis 36

TABLE 7 Production Volume (Units) of Tank Container by Regions 2014-2018 39

TABLE 8 Production Volume Share of Tank Container by Regions 2014-2018 40

TABLE 9 Production Value (USD Million) of Tank Container by Regions 2014-2018 41

TABLE 10 Production Value Share of Tank Container by Regions 2014-2018 42

TABLE 11 Demand Volume of Tank Container by Regions 2014-2018 46

TABLE 12 Production Market Forecast of Tank Container by Regions 2019-2027 47

TABLE 13 Production Value Forecast of Tank Container by Regions 2019-2027 48

TABLE 14 Production Volume of Tank Container by Types 2014-2018 50

TABLE 15 Production Volume Share of Tank Container by Types 2014-2018 51

TABLE 16 Production Value of Tank Container by Types 2014-2018 55

TABLE 17 Production Value Share of Tank Container by Types 2014-2018 56

TABLE 18 Production Volume Forecast of Tank Container by Types 2019-2027 60

TABLE 19 Production Value Forecast of Tank Container by Types 2019-2027 62

TABLE 20 Demand Volume (Units) of Tank Container by Downstream Industry 2014-2018 64

TABLE 21 Demand Volume Share of Tank Container by Downstream Industry 2014-2018 65

TABLE 22 Demand Volume (Units) of Tank Container by Downstream Industry 2019-2027 69

TABLE 23 Production Volume (Units) of Tank Container by Major Manufacturers 2014-2018 73

TABLE 24 Production Volume Share of Tank Container by Major Manufacturers 2014-2018 74

TABLE 25 Production Value (USD Million) of Tank Container by Major Manufacturers2014-2018 77

TABLE 26 Production Value Share of Tank Container by Major Manufactures 2014-2018 78

TABLE 27 Plant Location and Established Time of Tank Container Major Manufacture 81

TABLE 28 Company Profile of Welfit Oddy (Pty) Ltd. 84

TABLE 29 Tank Container Industry Sales, Revenue, Price and Gross Margin of Welfit Oddy (Pty) Ltd. 2015 -2018 88

TABLE 30 Company Profile of UBH International Limited 90

TABLE 31 Company Profile of Nantong CIMC Smooth Sail Container Co., Ltd. 96

TABLE 32 Company Profile of Singamas Container Holdings Limited 99

TABLE 33 Tank Container Industry Sales, Revenue, Price and Gross Margin of Singamas Container Holdings Limited 2015-2018 103

TABLE 34 Company Profile of Nantong Tank Container CO., Ltd. 105

TABLE 35 Tank Container Industry Sales, Revenue, Price and Gross Margin of Nantong Tank Container CO., Ltd. 2015-2018 110

TABLE 36 Company Profile of CXIC Group Containers Co. Ltd. 112

TABLE 37 Tank Container Industry Sales, Revenue, Price and Gross Margin of CXIC Group Containers Co. Ltd. 2015-2018 117

TABLE 38 Company Profile of Yuchai Dongte Special Purpose Automobile Co. Ltd. 119

TABLE 39 Company Profile of EXSIF Worldwide, Inc. 123

TABLE 40 Company Profile of Seaco Global Ltd 126

TABLE 41 Upstream Raw Material Representative Suppliers Analysis 132

TABLE 42 Representative Consumers of Tank Container by Industry 135

TABLE 43 Manufacturing Cost Structure 136



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