Global Lpg Tanker Market Size & Outlook, 2022-2030
Global lpg tanker market, 2017-2030 (US$M)
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Global lpg tanker market highlights
- The global lpg tanker market generated a revenue of USD 190.2 million in 2022 and is expected to reach USD 286.5 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.3% by 2030.
- In terms of segment, very large gas carriers accounted for a revenue of USD 54.8 million in 2022.
- Medium Gas Carriers is the most lucrative vessel size segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2022.
- Country-wise, France is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 190.2 million |
| Market revenue in 2030 | USD 286.5 million |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | Very large gas carriers |
| Fastest growing segment | Medium Gas Carriers |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Very Large Gas Carriers, Large Gas Carriers, Medium Gas Carriers, Small Gas Carriers |
Other key industry trends
- In terms of revenue, the North America accounted for 25.1% of the global lpg tanker market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, France is the fastest growing regional market and is projected to reach USD 9.5 million by 2030.
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LPG Tanker Market Scope
LPG Tanker Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global lpg tanker market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lpg tanker market will help companies and investors design strategic landscapes.
Very large gas carriers was the largest segment with a revenue share of 28.81% in 2022. Horizon Databook has segmented the Global lpg tanker market based on very large gas carriers, large gas carriers, medium gas carriers, small gas carriers covering the revenue growth of each sub-segment from 2017 to 2030.
- Global LPG Tanker Vessel Size Outlook (Revenue, USD Million, 2017-2030)
- Very Large Gas Carriers
- Large Gas Carriers
- Medium Gas Carriers
- Small Gas Carriers
- Global LPG Tanker Refrigeration & Pressurization Outlook (Revenue, USD Million, 2017-2030)
- Ethylene (Extra refrigeration)
- Full refrigeration
- Semi refrigeration
- Full pressurized
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Horizon Databook provides a detailed overview of global-level data and insights on the Global lpg tanker market , including forecasts for subscribers. This global databook contains high-level insights into Global lpg tanker market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global lpg tanker market size, by regions, 2017-2030 (US$M)
Top 10 countries: Lpg tanker market size, 2022 (US$M)
Global lpg tanker market share, by vessel size, 2022 & 2030 (%, US$M)
Lpg tanker market: Opportunity assessment by country
Global lpg tanker market, by region, 2022 (US$M)
| Vessel Size | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 43.5 | 45.4 | 47.6 | 45.2 | 46.4 | 47.7 | 49.1 | 50.6 | 52.1 | 53.8 | 55.5 | 57.3 | 59.2 | 61.3 | 3.2% |
| Europe | 46.4 | 49.4 | 52.6 | 51.0 | 53.4 | 56.1 | 59.1 | 62.2 | 65.7 | 69.3 | 73.3 | 77.7 | 82.3 | 87.4 | 5.7% |
| Asia Pacific | 45.1 | 47.3 | 49.8 | 47.6 | 49.1 | 50.8 | 52.8 | 55.1 | 57.4 | 59.9 | 62.6 | 65.5 | 68.5 | 71.8 | 4.4% |
| Latin America | 6.5 | 6.8 | 7.1 | 6.8 | 7.0 | 7.3 | 7.6 | 7.9 | 8.2 | 8.5 | 9.0 | 9.3 | 9.7 | 10.1 | 4.2% |
| MEA | 19.4 | 21.6 | 24.0 | 24.1 | 26.2 | 28.4 | 31.0 | 33.7 | 36.7 | 39.9 | 43.4 | 47.2 | 51.3 | 55.9 | 8.8% |
| Overall | 160.9 | 170.5 | 181.1 | 174.8 | 182.0 | 190.2 | 199.5 | 209.4 | 220.0 | 231.5 | 243.7 | 256.9 | 271.0 | 286.5 | 5.3% |
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