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Crude Oil Carriers-Global Market Insights and Sales Trends 2025
Synopsis
The global Crude Oil Carriers market size is expected to reach US$ 186410 million by 2029, growing at a CAGR of 2.3% from 2023 to 2029. The market is mainly driven by the significant applications of Crude Oil Carriers in various end use industries. The expanding demands from the Crude, Gasoline, Diesel and Others, are propelling Crude Oil Carriers market. VLCC/ULCC, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Suezmax segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Crude Oil Carriers market, driven by demand from China, the second largest economy with some signs of stabilising, the Crude Oil Carriers market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Crude Oil Carriers, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Crude Oil Carriers market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Crude Oil Carriers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Crude Oil Carriers sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Crude Oil Carriers covered in this report include Maersk Tankers, China Shipping Tanker, Essar Shipping, Kuwait Oil Tankers, Tankers International, OSG Ship Management, Keystone Alaska and Alaska Tanker, etc.
The global Crude Oil Carriers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Maersk Tankers
China Shipping Tanker
Essar Shipping
Kuwait Oil Tankers
Tankers International
OSG Ship Management
Keystone Alaska
Alaska Tanker
Global Crude Oil Carriers market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Crude Oil Carriers market, Segment by Type:
VLCC/ULCC
Suezmax
Aframax
Panamax
Global Crude Oil Carriers market, by Application
Crude
Gasoline
Diesel
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Crude Oil Carriers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Crude Oil Carriers in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Crude Oil Carriers market size is expected to reach US$ 186410 million by 2029, growing at a CAGR of 2.3% from 2023 to 2029. The market is mainly driven by the significant applications of Crude Oil Carriers in various end use industries. The expanding demands from the Crude, Gasoline, Diesel and Others, are propelling Crude Oil Carriers market. VLCC/ULCC, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Suezmax segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Crude Oil Carriers market, driven by demand from China, the second largest economy with some signs of stabilising, the Crude Oil Carriers market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Crude Oil Carriers, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Crude Oil Carriers market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Crude Oil Carriers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Crude Oil Carriers sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Crude Oil Carriers covered in this report include Maersk Tankers, China Shipping Tanker, Essar Shipping, Kuwait Oil Tankers, Tankers International, OSG Ship Management, Keystone Alaska and Alaska Tanker, etc.
The global Crude Oil Carriers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Maersk Tankers
China Shipping Tanker
Essar Shipping
Kuwait Oil Tankers
Tankers International
OSG Ship Management
Keystone Alaska
Alaska Tanker
Global Crude Oil Carriers market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Crude Oil Carriers market, Segment by Type:
VLCC/ULCC
Suezmax
Aframax
Panamax
Global Crude Oil Carriers market, by Application
Crude
Gasoline
Diesel
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Crude Oil Carriers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Crude Oil Carriers in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Crude Oil Carriers Market Overview
1.1 Crude Oil Carriers Product Overview
1.2 Crude Oil Carriers Market Segment by Type
1.2.1 VLCC/ULCC
1.2.2 Suezmax
1.2.3 Aframax
1.2.4 Panamax
1.3 Global Crude Oil Carriers Market Size by Type
1.3.1 Global Crude Oil Carriers Market Size Overview by Type (2018-2029)
1.3.2 Global Crude Oil Carriers Historic Market Size Review by Type (2018-2023)
1.3.3 Global Crude Oil Carriers Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Crude Oil Carriers Sales Breakdown by Type (2018-2023)
1.4.2 Europe Crude Oil Carriers Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Crude Oil Carriers Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Crude Oil Carriers Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Crude Oil Carriers Sales Breakdown by Type (2018-2023)
2 Global Crude Oil Carriers Market Competition by Company
2.1 Global Top Players by Crude Oil Carriers Sales (2018-2023)
2.2 Global Top Players by Crude Oil Carriers Revenue (2018-2023)
2.3 Global Top Players by Crude Oil Carriers Price (2018-2023)
2.4 Global Top Manufacturers Crude Oil Carriers Manufacturing Base Distribution, Sales Area, Product Type
2.5 Crude Oil Carriers Market Competitive Situation and Trends
2.5.1 Crude Oil Carriers Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Crude Oil Carriers Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Crude Oil Carriers as of 2022)
2.7 Date of Key Manufacturers Enter into Crude Oil Carriers Market
2.8 Key Manufacturers Crude Oil Carriers Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Crude Oil Carriers Status and Outlook by Region
3.1 Global Crude Oil Carriers Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Crude Oil Carriers Historic Market Size by Region
3.2.1 Global Crude Oil Carriers Sales in Volume by Region (2018-2023)
3.2.2 Global Crude Oil Carriers Sales in Value by Region (2018-2023)
3.2.3 Global Crude Oil Carriers Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Crude Oil Carriers Forecasted Market Size by Region
3.3.1 Global Crude Oil Carriers Sales in Volume by Region (2024-2029)
3.3.2 Global Crude Oil Carriers Sales in Value by Region (2024-2029)
3.3.3 Global Crude Oil Carriers Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Crude Oil Carriers by Application
4.1 Crude Oil Carriers Market Segment by Application
4.1.1 Crude
4.1.2 Gasoline
4.1.3 Diesel
4.1.4 Others
4.2 Global Crude Oil Carriers Market Size by Application
4.2.1 Global Crude Oil Carriers Market Size Overview by Application (2018-2029)
4.2.2 Global Crude Oil Carriers Historic Market Size Review by Application (2018-2023)
4.2.3 Global Crude Oil Carriers Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Crude Oil Carriers Sales Breakdown by Application (2018-2023)
4.3.2 Europe Crude Oil Carriers Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Crude Oil Carriers Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Crude Oil Carriers Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Crude Oil Carriers Sales Breakdown by Application (2018-2023)
5 North America Crude Oil Carriers by Country
5.1 North America Crude Oil Carriers Historic Market Size by Country
5.1.1 North America Crude Oil Carriers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Crude Oil Carriers Sales in Volume by Country (2018-2023)
5.1.3 North America Crude Oil Carriers Sales in Value by Country (2018-2023)
5.2 North America Crude Oil Carriers Forecasted Market Size by Country
5.2.1 North America Crude Oil Carriers Sales in Volume by Country (2024-2029)
5.2.2 North America Crude Oil Carriers Sales in Value by Country (2024-2029)
6 Europe Crude Oil Carriers by Country
6.1 Europe Crude Oil Carriers Historic Market Size by Country
6.1.1 Europe Crude Oil Carriers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Crude Oil Carriers Sales in Volume by Country (2018-2023)
6.1.3 Europe Crude Oil Carriers Sales in Value by Country (2018-2023)
6.2 Europe Crude Oil Carriers Forecasted Market Size by Country
6.2.1 Europe Crude Oil Carriers Sales in Volume by Country (2024-2029)
6.2.2 Europe Crude Oil Carriers Sales in Value by Country (2024-2029)
7 Asia-Pacific Crude Oil Carriers by Region
7.1 Asia-Pacific Crude Oil Carriers Historic Market Size by Region
7.1.1 Asia-Pacific Crude Oil Carriers Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Crude Oil Carriers Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Crude Oil Carriers Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Crude Oil Carriers Forecasted Market Size by Region
7.2.1 Asia-Pacific Crude Oil Carriers Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Crude Oil Carriers Sales in Value by Region (2024-2029)
8 Latin America Crude Oil Carriers by Country
8.1 Latin America Crude Oil Carriers Historic Market Size by Country
8.1.1 Latin America Crude Oil Carriers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Crude Oil Carriers Sales in Volume by Country (2018-2023)
8.1.3 Latin America Crude Oil Carriers Sales in Value by Country (2018-2023)
8.2 Latin America Crude Oil Carriers Forecasted Market Size by Country
8.2.1 Latin America Crude Oil Carriers Sales in Volume by Country (2024-2029)
8.2.2 Latin America Crude Oil Carriers Sales in Value by Country (2024-2029)
9 Middle East and Africa Crude Oil Carriers by Country
9.1 Middle East and Africa Crude Oil Carriers Historic Market Size by Country
9.1.1 Middle East and Africa Crude Oil Carriers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Crude Oil Carriers Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Crude Oil Carriers Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Crude Oil Carriers Forecasted Market Size by Country
9.2.1 Middle East and Africa Crude Oil Carriers Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Crude Oil Carriers Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Maersk Tankers
10.1.1 Maersk Tankers Company Information
10.1.2 Maersk Tankers Introduction and Business Overview
10.1.3 Maersk Tankers Crude Oil Carriers Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Maersk Tankers Crude Oil Carriers Products Offered
10.1.5 Maersk Tankers Recent Development
10.2 China Shipping Tanker
10.2.1 China Shipping Tanker Company Information
10.2.2 China Shipping Tanker Introduction and Business Overview
10.2.3 China Shipping Tanker Crude Oil Carriers Sales, Revenue and Gross Margin (2018-2023)
10.2.4 China Shipping Tanker Crude Oil Carriers Products Offered
10.2.5 China Shipping Tanker Recent Development
10.3 Essar Shipping
10.3.1 Essar Shipping Company Information
10.3.2 Essar Shipping Introduction and Business Overview
10.3.3 Essar Shipping Crude Oil Carriers Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Essar Shipping Crude Oil Carriers Products Offered
10.3.5 Essar Shipping Recent Development
10.4 Kuwait Oil Tankers
10.4.1 Kuwait Oil Tankers Company Information
10.4.2 Kuwait Oil Tankers Introduction and Business Overview
10.4.3 Kuwait Oil Tankers Crude Oil Carriers Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Kuwait Oil Tankers Crude Oil Carriers Products Offered
10.4.5 Kuwait Oil Tankers Recent Development
10.5 Tankers International
10.5.1 Tankers International Company Information
10.5.2 Tankers International Introduction and Business Overview
10.5.3 Tankers International Crude Oil Carriers Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Tankers International Crude Oil Carriers Products Offered
10.5.5 Tankers International Recent Development
10.6 OSG Ship Management
10.6.1 OSG Ship Management Company Information
10.6.2 OSG Ship Management Introduction and Business Overview
10.6.3 OSG Ship Management Crude Oil Carriers Sales, Revenue and Gross Margin (2018-2023)
10.6.4 OSG Ship Management Crude Oil Carriers Products Offered
10.6.5 OSG Ship Management Recent Development
10.7 Keystone Alaska
10.7.1 Keystone Alaska Company Information
10.7.2 Keystone Alaska Introduction and Business Overview
10.7.3 Keystone Alaska Crude Oil Carriers Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Keystone Alaska Crude Oil Carriers Products Offered
10.7.5 Keystone Alaska Recent Development
10.8 Alaska Tanker
10.8.1 Alaska Tanker Company Information
10.8.2 Alaska Tanker Introduction and Business Overview
10.8.3 Alaska Tanker Crude Oil Carriers Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Alaska Tanker Crude Oil Carriers Products Offered
10.8.5 Alaska Tanker Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Crude Oil Carriers Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Crude Oil Carriers Industrial Chain Analysis
11.4 Crude Oil Carriers Market Dynamics
11.4.1 Crude Oil Carriers Industry Trends
11.4.2 Crude Oil Carriers Market Drivers
11.4.3 Crude Oil Carriers Market Challenges
11.4.4 Crude Oil Carriers Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Crude Oil Carriers Distributors
12.3 Crude Oil Carriers Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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