Global Liquid & Bulk Transportation Vessels Market is valued approximately USD 783.3 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 3.00 % over the forecast period 2020-2027. Liquid & Bulk Transportation Vessels are responsible for transporting the different types of liquid bulk in their deposits or tanks subject to stringent safety measures. These vessels are built with double hulls to increase the strength of their structures, to the detriment of the single hull type that was more common in times past. These vessels can withstand a deadweight of over 400000 tons. Also, the key players are focusing on strategies such as product launch, innovation and merger & acquisition to sustain themselves amidst fierce competition. In July 2020, MISC Berhad announced plans to purchase six newly built 98,000-cubic meter very large ethane carriers for USD 726 Mn. Samsung Heavy Industries Co Ltd and Hyundai Heavy Industries Co Ltd, shipyards in South Korea, are constructing three vessels each. The charters for the vessels are expected to commence in the fourth quarter of 2020. The growth of the market is attributed owing to the growing demand for refined products along with the rising demand for oil& gas products across the globe. However, high cost of vessels is hampering the growth of the market during the forecast period of 2020-2027.

The regional analysis of global Liquid & Bulk Transportation Vessels market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region due to the significant investments in the shipping industry, rise in urbanization and globalization. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
Stolt-Nielsen
IINO KAIUN KAISHA, LTD.
MISC Berhad
MOL Chemical Tankers Europe A/S
UPT United Product Tankers GmbH & Co. KG
Stena Bulk
Team Tankers International Ltd.
Nordic Tankers
DAL/JTE
SEATRANS AS

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Vessel Type:
Dry Cargo Vessel
Liquid Vessel,
Specialized Vessel

By Transportation Type:
Inland Tankers
Short Sea Tankers
Deep Sea Tankers

By Application:
Natural Gas & Crude Oil
Chemical,
Industrial,
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year 2017, 2018
Base year 2019
Forecast period 2020 to 2027

Target Audience of the Global Liquid & Bulk Transportation Vessels Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors