Expert Market Research’s new report titled ‘Global ISO Tank Container Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global ISO Tank Container market, assessing the market based on its segments such as mode of transportation, container type, application and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2016-2026):
- Forecast CAGR (2021-2026): 9%
The basis of the ISO container is to ensure that it can withstand harsh environments and maintain structural integrity when traveling by road, rail or water. ISO standardization also ensures that containers are the right size and reliable to stack safely and evenly on transportation networks. Every thirty months, ISO containers are inspected to ensure they meet container standards and requirements. Dry containers, refrigerated (refrigerated) containers, tank containers, open top containers, insulated containers and flat containers are all forms of ISO containers used to transport a wide variety of items such as household goods consumption, industrial transport and others.
Industry definition and major segments
A tank container designed according to the International Organization for Standardization (ISO) standard is called an ISO tank. The main purpose of these tanks is to transport hazardous and non-hazardous liquids and gases in bulk. These tanks are made of stainless steel and have a variety of protective layers. ISO tanks come in a variety of sizes and shapes and can hold up to 40,000 liters of liquid.
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On the basis of mode of transportation, the market is split into:
Based on Container Type, the market is split into:
- dry container
- Thermal and Refrigerated Container
- tank container
- open top container
- Isothermal container
- flatbed container
By Application, the market is categorized into:
Regional IoT in healthcare markets can be divided into
- North America
- Asia Pacific
- Latin America
- Middle East and Africa.
The global ISO container market is expected to be driven by the growing demand for high-efficiency and high-capacity containers. Continued growth in maritime trade, increase in containerization, growing use of remote container management solutions, and preference for large containers are all expected to contribute to the growth of ISO containers in the global market. Large demand for reefer containers, favorable government pollution regulations, and growing need for container standardization are driving the use of environmentally friendly refrigerants in shipping containers, which is expected to boost growth opportunities in the coming years. coming. Rising trade agreements such as NAFTA, ASEAN and others are expected to boost the development of ISO containers in the coming years. Container overcapacity and low freight rates are expected to stifle ISO container market expansion. In addition, increases in raw material prices are likely to dampen global demand for ISO containers in the near future. The growth of ISO containers around the world has slowed down due to trade wars between major countries.
Main market players
The major market players are Stolt-Nielsen Limited, HOYER GmbH, Bertschi AG, Bulkhaul Ltd., Danteco Industries BV, among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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