Global LPG Tanker Market: Forecasted Revenue Surge with Key Players Including StealthGas Inc. & More

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LPG Tanker Market to Reach 275.13 Millionby2029FuelebShaleGasTradeGrowth

**Market Overview:** The global LPG tanker market is projected to reach **US 275.13 million by 2029**, growing at a 5.3% CAGR from 2023. This expansion is driven by factors like:

  • Rising shale gas production: Increased focus on shale gas extraction will boost demand for LPG tankers for transportation.
  • Growing trade ties: Expanding trade, particularly between the US and Asia Pacific for shale gas, will require more tanker capacity.
  • Shifting fuel choices: Increasing use of LPG in petrochemical plants and as a cleaner alternative fuel will support market growth.

Discover an exclusive glimpse into the vibrant landscape of the Global LPG Tanker Market by accessing the following link: 

Report Scope:

This comprehensive report offers valuable insights into the LPG tanker market, covering:

  • Market size and growth projections
  • Key drivers and challenges
  • Product segmentation and regional trends
  • Competitive landscape
  • Future outlook and opportunities

Research Methodology:

The report leverages robust research methods, including:

  • Extensive analysis of secondary data from various sources
  • Expert interviews with key stakeholders in the industry
  • Surveys and polls conducted among relevant players


The market is segmented based on:

  • Vessel Size: Very Large Gas Carriers (VLGC), Large Gas Carriers (LGC), Medium Gas Carriers (MGC), Small Gas Carriers (SGC)
  • Refrigeration & Pressurization: Ethylene, Full Refrigerated, Semi Refrigerated, Full Pressurized
  • Region: North America, Europe, Asia Pacific, Middle East & Africa, South America

Regional Insights:

  • Europe: Expected to hold the largest market share due to rising LPG demand and import reliance.
  • North America: Projected to witness rapid growth due to its role as a major LPG exporter and increasing domestic use.
  • Asia Pacific: Anticipated to experience significant growth driven by expanding LPG consumption and trade.

Key Players:

1.StealthGas Inc.
2.Dorian LPG Ltd.
3.BW Group
4.Hyundai Heavy Industries Co. Ltd.
5.Kawasaki Heavy Industries Ltd.
7.Mitsubishi Heavy Industries Ltd.
8.The Great Eastern Shipping Co. Ltd.
9.Kuwait Oil Tanker Company
10.DAE Sun Shipbuilding and Engineering Co. Ltd.
11.Namura Shipbuilding Co. Ltd.
13.STX Corporation
14.PT Pertamina
15.Epic Gas Ltd.
16.Meyer Turku
17.Hanjin Heavy Industries Ltd.
18.Hijos de J. Barreras

Gain access to customized insights and strategic recommendations crafted specifically for your business requirements. Explore our condensed research report summary here to maintain a competitive edge in the dynamic Global LPG Tanker Market: 

About Maximize Market Research:
At Maximize Market Research, our commitment to excellence is evident in every facet of our comprehensive approach to market research and consulting. Our team is comprised of a diverse group of experts hailing from various industries, ensuring a wealth of knowledge and experience that we bring to our clients’ projects. We take pride in our extensive coverage across a wide range of sectors, guaranteeing our ability to cater to the unique needs of clients across diverse fields, including but not limited to medical devices, pharmaceuticals, technology, and other industries. Our range of services includes meticulously validated industry estimations, strategic consultancy, and competitive analysis, all carefully crafted to provide clients with the insights and guidance necessary to thrive in today’s dynamic business landscape. With an unwavering dedication to precision and actionable intelligence, we aim to be the dependable ally upon which businesses rely to navigate the complexities of the market and emerge as leaders in their respective domains.

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