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Crude Oil Tankers-Global Market Insights and Sales Trends 2025
Synopsis
The global Crude Oil Tankers market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Crude Oil Tankers in various end use industries. The expanding demands from the Crude Oil Transport and Other, are propelling Crude Oil Tankers market. Panamax(60000~80000DWT), 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 Aframax(80000~120000DWT) segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Crude Oil Tankers market, driven by demand from China, the second largest economy with some signs of stabilising, the Crude Oil Tankers 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 Tankers, 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 Tankers 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 Tankers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Crude Oil Tankers 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 Tankers covered in this report include SAMSUNG, DSME, HYUNDA, STX, Hyundai Samho Heavy Industries, HMD, RONG SHENG, JINHAI and DSIC, etc.
The global Crude Oil Tankers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
SAMSUNG
DSME
HYUNDA
STX
Hyundai Samho Heavy Industries
HMD
RONG SHENG
JINHAI
DSIC
Sungdong
MHI
TSUNEISHI
CSSC
SAT
KSA
Global Crude Oil Tankers 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 Tankers market, Segment by Type:
Panamax(60000~80000DWT)
Aframax(80000~120000DWT)
Suezmax(120000~200000DWT)
VLCC(200000~300000DWT)
ULCC(Above 300000DWT)
Global Crude Oil Tankers market, by Application
Crude Oil Transport
Other
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 Tankers 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 Tankers 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 Tankers market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Crude Oil Tankers in various end use industries. The expanding demands from the Crude Oil Transport and Other, are propelling Crude Oil Tankers market. Panamax(60000~80000DWT), 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 Aframax(80000~120000DWT) segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Crude Oil Tankers market, driven by demand from China, the second largest economy with some signs of stabilising, the Crude Oil Tankers 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 Tankers, 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 Tankers 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 Tankers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Crude Oil Tankers 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 Tankers covered in this report include SAMSUNG, DSME, HYUNDA, STX, Hyundai Samho Heavy Industries, HMD, RONG SHENG, JINHAI and DSIC, etc.
The global Crude Oil Tankers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
SAMSUNG
DSME
HYUNDA
STX
Hyundai Samho Heavy Industries
HMD
RONG SHENG
JINHAI
DSIC
Sungdong
MHI
TSUNEISHI
CSSC
SAT
KSA
Global Crude Oil Tankers 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 Tankers market, Segment by Type:
Panamax(60000~80000DWT)
Aframax(80000~120000DWT)
Suezmax(120000~200000DWT)
VLCC(200000~300000DWT)
ULCC(Above 300000DWT)
Global Crude Oil Tankers market, by Application
Crude Oil Transport
Other
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 Tankers 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 Tankers 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 Tankers Market Overview
1.1 Crude Oil Tankers Product Overview
1.2 Crude Oil Tankers Market Segment by Type
1.2.1 Panamax(60000~80000DWT)
1.2.2 Aframax(80000~120000DWT)
1.2.3 Suezmax(120000~200000DWT)
1.2.4 VLCC(200000~300000DWT)
1.2.5 ULCC(Above 300000DWT)
1.3 Global Crude Oil Tankers Market Size by Type
1.3.1 Global Crude Oil Tankers Market Size Overview by Type (2018-2029)
1.3.2 Global Crude Oil Tankers Historic Market Size Review by Type (2018-2023)
1.3.3 Global Crude Oil Tankers Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Crude Oil Tankers Sales Breakdown by Type (2018-2023)
1.4.2 Europe Crude Oil Tankers Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Crude Oil Tankers Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Crude Oil Tankers Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Crude Oil Tankers Sales Breakdown by Type (2018-2023)
2 Global Crude Oil Tankers Market Competition by Company
2.1 Global Top Players by Crude Oil Tankers Sales (2018-2023)
2.2 Global Top Players by Crude Oil Tankers Revenue (2018-2023)
2.3 Global Top Players by Crude Oil Tankers Price (2018-2023)
2.4 Global Top Manufacturers Crude Oil Tankers Manufacturing Base Distribution, Sales Area, Product Type
2.5 Crude Oil Tankers Market Competitive Situation and Trends
2.5.1 Crude Oil Tankers Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Crude Oil Tankers 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 Tankers as of 2022)
2.7 Date of Key Manufacturers Enter into Crude Oil Tankers Market
2.8 Key Manufacturers Crude Oil Tankers Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Crude Oil Tankers Status and Outlook by Region
3.1 Global Crude Oil Tankers Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Crude Oil Tankers Historic Market Size by Region
3.2.1 Global Crude Oil Tankers Sales in Volume by Region (2018-2023)
3.2.2 Global Crude Oil Tankers Sales in Value by Region (2018-2023)
3.2.3 Global Crude Oil Tankers Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Crude Oil Tankers Forecasted Market Size by Region
3.3.1 Global Crude Oil Tankers Sales in Volume by Region (2024-2029)
3.3.2 Global Crude Oil Tankers Sales in Value by Region (2024-2029)
3.3.3 Global Crude Oil Tankers Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Crude Oil Tankers by Application
4.1 Crude Oil Tankers Market Segment by Application
4.1.1 Crude Oil Transport
4.1.2 Other
4.2 Global Crude Oil Tankers Market Size by Application
4.2.1 Global Crude Oil Tankers Market Size Overview by Application (2018-2029)
4.2.2 Global Crude Oil Tankers Historic Market Size Review by Application (2018-2023)
4.2.3 Global Crude Oil Tankers Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Crude Oil Tankers Sales Breakdown by Application (2018-2023)
4.3.2 Europe Crude Oil Tankers Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Crude Oil Tankers Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Crude Oil Tankers Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Crude Oil Tankers Sales Breakdown by Application (2018-2023)
5 North America Crude Oil Tankers by Country
5.1 North America Crude Oil Tankers Historic Market Size by Country
5.1.1 North America Crude Oil Tankers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Crude Oil Tankers Sales in Volume by Country (2018-2023)
5.1.3 North America Crude Oil Tankers Sales in Value by Country (2018-2023)
5.2 North America Crude Oil Tankers Forecasted Market Size by Country
5.2.1 North America Crude Oil Tankers Sales in Volume by Country (2024-2029)
5.2.2 North America Crude Oil Tankers Sales in Value by Country (2024-2029)
6 Europe Crude Oil Tankers by Country
6.1 Europe Crude Oil Tankers Historic Market Size by Country
6.1.1 Europe Crude Oil Tankers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Crude Oil Tankers Sales in Volume by Country (2018-2023)
6.1.3 Europe Crude Oil Tankers Sales in Value by Country (2018-2023)
6.2 Europe Crude Oil Tankers Forecasted Market Size by Country
6.2.1 Europe Crude Oil Tankers Sales in Volume by Country (2024-2029)
6.2.2 Europe Crude Oil Tankers Sales in Value by Country (2024-2029)
7 Asia-Pacific Crude Oil Tankers by Region
7.1 Asia-Pacific Crude Oil Tankers Historic Market Size by Region
7.1.1 Asia-Pacific Crude Oil Tankers Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Crude Oil Tankers Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Crude Oil Tankers Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Crude Oil Tankers Forecasted Market Size by Region
7.2.1 Asia-Pacific Crude Oil Tankers Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Crude Oil Tankers Sales in Value by Region (2024-2029)
8 Latin America Crude Oil Tankers by Country
8.1 Latin America Crude Oil Tankers Historic Market Size by Country
8.1.1 Latin America Crude Oil Tankers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Crude Oil Tankers Sales in Volume by Country (2018-2023)
8.1.3 Latin America Crude Oil Tankers Sales in Value by Country (2018-2023)
8.2 Latin America Crude Oil Tankers Forecasted Market Size by Country
8.2.1 Latin America Crude Oil Tankers Sales in Volume by Country (2024-2029)
8.2.2 Latin America Crude Oil Tankers Sales in Value by Country (2024-2029)
9 Middle East and Africa Crude Oil Tankers by Country
9.1 Middle East and Africa Crude Oil Tankers Historic Market Size by Country
9.1.1 Middle East and Africa Crude Oil Tankers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Crude Oil Tankers Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Crude Oil Tankers Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Crude Oil Tankers Forecasted Market Size by Country
9.2.1 Middle East and Africa Crude Oil Tankers Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Crude Oil Tankers Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 SAMSUNG
10.1.1 SAMSUNG Company Information
10.1.2 SAMSUNG Introduction and Business Overview
10.1.3 SAMSUNG Crude Oil Tankers Sales, Revenue and Gross Margin (2018-2023)
10.1.4 SAMSUNG Crude Oil Tankers Products Offered
10.1.5 SAMSUNG Recent Development
10.2 DSME
10.2.1 DSME Company Information
10.2.2 DSME Introduction and Business Overview
10.2.3 DSME Crude Oil Tankers Sales, Revenue and Gross Margin (2018-2023)
10.2.4 DSME Crude Oil Tankers Products Offered
10.2.5 DSME Recent Development
10.3 HYUNDA
10.3.1 HYUNDA Company Information
10.3.2 HYUNDA Introduction and Business Overview
10.3.3 HYUNDA Crude Oil Tankers Sales, Revenue and Gross Margin (2018-2023)
10.3.4 HYUNDA Crude Oil Tankers Products Offered
10.3.5 HYUNDA Recent Development
10.4 STX
10.4.1 STX Company Information
10.4.2 STX Introduction and Business Overview
10.4.3 STX Crude Oil Tankers Sales, Revenue and Gross Margin (2018-2023)
10.4.4 STX Crude Oil Tankers Products Offered
10.4.5 STX Recent Development
10.5 Hyundai Samho Heavy Industries
10.5.1 Hyundai Samho Heavy Industries Company Information
10.5.2 Hyundai Samho Heavy Industries Introduction and Business Overview
10.5.3 Hyundai Samho Heavy Industries Crude Oil Tankers Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Hyundai Samho Heavy Industries Crude Oil Tankers Products Offered
10.5.5 Hyundai Samho Heavy Industries Recent Development
10.6 HMD
10.6.1 HMD Company Information
10.6.2 HMD Introduction and Business Overview
10.6.3 HMD Crude Oil Tankers Sales, Revenue and Gross Margin (2018-2023)
10.6.4 HMD Crude Oil Tankers Products Offered
10.6.5 HMD Recent Development
10.7 RONG SHENG
10.7.1 RONG SHENG Company Information
10.7.2 RONG SHENG Introduction and Business Overview
10.7.3 RONG SHENG Crude Oil Tankers Sales, Revenue and Gross Margin (2018-2023)
10.7.4 RONG SHENG Crude Oil Tankers Products Offered
10.7.5 RONG SHENG Recent Development
10.8 JINHAI
10.8.1 JINHAI Company Information
10.8.2 JINHAI Introduction and Business Overview
10.8.3 JINHAI Crude Oil Tankers Sales, Revenue and Gross Margin (2018-2023)
10.8.4 JINHAI Crude Oil Tankers Products Offered
10.8.5 JINHAI Recent Development
10.9 DSIC
10.9.1 DSIC Company Information
10.9.2 DSIC Introduction and Business Overview
10.9.3 DSIC Crude Oil Tankers Sales, Revenue and Gross Margin (2018-2023)
10.9.4 DSIC Crude Oil Tankers Products Offered
10.9.5 DSIC Recent Development
10.10 Sungdong
10.10.1 Sungdong Company Information
10.10.2 Sungdong Introduction and Business Overview
10.10.3 Sungdong Crude Oil Tankers Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Sungdong Crude Oil Tankers Products Offered
10.10.5 Sungdong Recent Development
10.11 MHI
10.11.1 MHI Company Information
10.11.2 MHI Introduction and Business Overview
10.11.3 MHI Crude Oil Tankers Sales, Revenue and Gross Margin (2018-2023)
10.11.4 MHI Crude Oil Tankers Products Offered
10.11.5 MHI Recent Development
10.12 TSUNEISHI
10.12.1 TSUNEISHI Company Information
10.12.2 TSUNEISHI Introduction and Business Overview
10.12.3 TSUNEISHI Crude Oil Tankers Sales, Revenue and Gross Margin (2018-2023)
10.12.4 TSUNEISHI Crude Oil Tankers Products Offered
10.12.5 TSUNEISHI Recent Development
10.13 CSSC
10.13.1 CSSC Company Information
10.13.2 CSSC Introduction and Business Overview
10.13.3 CSSC Crude Oil Tankers Sales, Revenue and Gross Margin (2018-2023)
10.13.4 CSSC Crude Oil Tankers Products Offered
10.13.5 CSSC Recent Development
10.14 SAT
10.14.1 SAT Company Information
10.14.2 SAT Introduction and Business Overview
10.14.3 SAT Crude Oil Tankers Sales, Revenue and Gross Margin (2018-2023)
10.14.4 SAT Crude Oil Tankers Products Offered
10.14.5 SAT Recent Development
10.15 KSA
10.15.1 KSA Company Information
10.15.2 KSA Introduction and Business Overview
10.15.3 KSA Crude Oil Tankers Sales, Revenue and Gross Margin (2018-2023)
10.15.4 KSA Crude Oil Tankers Products Offered
10.15.5 KSA Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Crude Oil Tankers 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 Tankers Industrial Chain Analysis
11.4 Crude Oil Tankers Market Dynamics
11.4.1 Crude Oil Tankers Industry Trends
11.4.2 Crude Oil Tankers Market Drivers
11.4.3 Crude Oil Tankers Market Challenges
11.4.4 Crude Oil Tankers Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Crude Oil Tankers Distributors
12.3 Crude Oil Tankers 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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