The rising awareness about green energy sources across the world is transforming the energy and power industry. The trend of green energy is emerging on account of increasing environmental pollution from traditional energy resources. Governments are playing a significant role on conducting awareness programs about clean energy. Fortune Business Insights in a report, titled “ISO Tank Container Market Size, Share & Industry Analysis, By Capacity (Less than or Equal to 20000 litres, 20000 – 25000 litres, Greater than 25000 liters), By Transportation (Land, Marine) and Regional Forecast, 2019-2026” published the above information.
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Fortune Business Insights provides a detailed evaluation of the global market by analyzing the factors driving the market. Besides this, it also discusses some of the economic trends prevailing in the energy and power industry. These trends are analyzed in the report to see an overall impact on the global market.
Top Players Overview:
- Welfit Oddy (Pty) Ltd
- Singamas Container Holdings Ltd
- Dalian CRRC Container Co.
- CXIC Group Containers Company Limited
- Nantong Tank Container Co. Ltd.
- China International Marine Containers (Group) Co. Ltd.
- INOX India Pvt. Ltd.
Key Market Driver – Growing bulk trade movements across the globe
Key Market Restraint – High initial cost and maintenance charges
Increasing use of smart grids and smart metering are likely to help for the better management of power services. Better infrastructural facilities are also expected to encourage growth in the market.
The increased spending on oil and gas across the world is another factor likely to drive the ISO Tank Container Market. Rising investments in energy efficiency projects backed by governments may also stimulate growth in the market. The penetration of renewable sources is increasing, fueling demand for energy and which is expected to drive the ISO Tank Container Market.
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Key Segmental Overview:
1. By Capacity
- ≤ 20000 liters
- 20000 – 25000 liters
- 25000 liters
2. By Transportation
3. By Geography
- North America (The USA and Canada)
- Europe (UK, Germany, France, Spain, and Rest of Europe)
- Asia Pacific (China, India, Japan, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, and Rest of Latin America)
- Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)
The information used is derived from various primary and secondary sources. It also throws light on some of the major players operating in the market. The report studies profiles of these leading companies and their share in the market. It provides insights on some of the strategies adopted by these companies to survive the competition and maintain their stronghold.
Major Table of Content For ISO Tank Container Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Global ISO Tank Container Market Analysis, Insights and Forecast, 2014-2025
- North America ISO Tank Container Market Analysis, Insights and Forecast, 2014-2025
- Europe ISO Tank Container Market Analysis, Insights and Forecast, 2014-2025
- Asia Pacific ISO Tank Container Market Analysis, Insights and Forecast, 2014-2025
- Middle East and Africa ISO Tank Container Market Analysis, Insights and Forecast, 2014-2025
- Latin America ISO Tank Container Market Analysis, Insights and Forecast, 2014-2025
- Competitive Landscape
- Company Profile
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Key Industry Developments
- In June 2019, China International Marine Containers (Group) announced that its LNG tank containers fleet will be used for first large scale island to island transport in Indonesia. The company’s 96 containers will safely transfer huge volume of liquefied natural gas (LNG) to an industrial park at Sulawesi, Indonesia.
- In March 2018, Singamas Container Holdings launched PrimeLINE ONE™, a refrigerated shipping container to discard additional refrigeration systems in tankers. The new product line is developed through a joint initiative with Carrier Transicold in Shanghai.
- In November 2017, CXIC Group Containers signed a strategic agreement with Sherwin-Williams, a US-based painting and coating materials company. The cooperation contract aims at equipping and maintenance of containers with waterborne paint to comply with stringent environmental regulations
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