DUBLIN--(BUSINESS WIRE)--Jul 9, 2018--The "Global Tanker Trucks Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report has been added to ResearchAndMarkets.com's offering.

Tanker Trucks Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 - 2025, the tanker trucks market worldwide is expected to reach US$ 1.28 Mn by 2025, growing at a CAGR of 5.5% from 2017 to 2025. The global market for tanker trucks is primarily driven by growth in the global the oil and gas industry as it represents the largest commodity for tank truck freight. In addition, stringent regulations related to transportation and loading and unloading of petroleum and chemical products are expected to fuel the demand for advance truck models which match mandatory transportation requirements. Countries across the world are investing in chemical and petroleum production capacity expansion.

Asia Pacific represents the largest regional market for tanker trucks followed by North America. The tanker trucks market in Asia Pacific is primarily influenced by the rising demand for petroleum products in the region. India and China are expected to witness considerable growth in the region. The U.S. represents the largest tanker trucks market in North America. The petroleum segment (gasoline, diesel, and aviation fuel) is the largest application segment for tanker trucks in North America and accounted for almost 50% of the overall tank truck freights.

Key Topics:

1 Preface

2 Executive Summary

3 Market Dynamics

4 by Type

5 by Capacity

6 Market Analysis

7 Europe Market Analysis

8 Asia Pacific Market Analysis

9 Rest of the World Market Analysis

10 Company Profiles

Companies Mentioned

Ford Motor Company Polar Tank Trailer, LLC Seneca Tank Tremcar Volvo Group MAN Truck & Bus AG Mercedes Iveco Hyundai Motor Company Kenworth Tata Motors Limited Scania AB Navistar

For more information about this report visit https://www.researchandmarkets.com/research/5v2plj/global_tanker?w=4

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SOURCE: Research and Markets

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PUB: 07/09/2018 12:30 PM/DISC: 07/09/2018 12:30 PM