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ISO Container Market To Witness An 8.69% CAGR, Reaching USD 566.72 Million By 2032 Research By SNS Insider


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ISO Container Market

ISO Containers Market expands as global trade and e-commerce growth drive demand for efficient, cost-effective, and reliable logistics solutions worldwide.

AUSTIN, TX, UNITED STATES, February 19, 2025 /EINPresswire / -- The SNS Insider report indicates that the ISO container market size is expected to value at USD 268.49 Million in 2023 and is estimated to reach USD 566.72 Million by 2032 with a growing CAGR of 8.69% over the forecast period 2024-2032. The ISO container market is growing rapidly due to the increasing global trade, especially in bulk shipping sectors such as chemicals, petrochemicals, and food products. ISO containers offer efficient, safe, and cost-effective transport solutions for businesses worldwide, which drives market expansion.

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Key Players:

- Intermodal Tank Transport (Specialized tank containers)
- Bertschi AG (Chemical tank containers)
- Bulkhaul Limited (Chemical and gas tank containers)
- Royal Den Hartogh Logistics (Chemical ISO tank containers)
- HOYER GmbH (Liquid bulk containers)
- Interflow TCS Ltd. (Gas and chemical ISO tanks)
- New Port Tank (ISO tank containers)
- Sinochain Logistics Co., Ltd. (ISO liquid tank containers)
- Stolt-Nielsen Limited (Tank containers for bulk liquids)
- CIMC (China International Marine Containers) (Standard dry cargo and tank containers)
- Singamas Container Holdings Ltd. (Dry freight containers, refrigerated containers)
- W&K Containers, Inc. (Dry and specialty containers)
- TLS Offshore Containers International (Offshore DNV containers)
- Danteco Industries BV (Tank containers for liquid chemicals)
- Container Corporation of India Ltd. (CONCOR) (Freight containers)
- Seaco Global Ltd. (Dry freight containers, tank containers)
- UBE Industries, Ltd. (Chemical tank containers)
- Trifleet Leasing (Leased tank containers)
- VTG Tanktainer GmbH (Liquid chemical tank containers)
- Eurotainer SA (Bulk liquid ISO tank containers)

Marine Transport Dominates ISO Container Market as Key Mode of Global Trade

By Transport Mode: The marine transport segment dominated the market share over 38.42% in 2023. Marine transport remains the most economical method for the transportation of goods across countries, owing to the scalability and the high carrying capacity. Internationally, sea freight is vital; it allows bulk products such as raw materials, chemicals, and manufactured goods to be easily shipped around the world.

By Capacity: The 20,000 to 35,000 liters segment dominated the market share over 44.08% in 2023. With this capacity range, it's perfect for transporting a variety of liquids and chemicals in bulk, which is why they are a favorite among industries such as chemicals, food and beverages, and pharmaceuticals. Whether used for efficient storage or shipping, its large volume capacity is highly versatile, creating less hazardous design standards that avoid many of the risks associated with traditional crude oil transport. Aside from that, Containers in this range are generally used to carry petroleum-derived products, liquid gases, and specialty chemicals.

By Container Type: The Multi-Compartment Tank segment dominated the market share by over 36% in 2023, as they enable the transportation of multiple liquid products in the same hauler at the same time. They are designed with different compartments, which mean lower chances of cross-contamination as compared to other types of products. They are often used in industries such as chemicals, food and beverages, and petrochemicals, as the option to move multiple products in a single container is important.

By End-use Industry: The Petrochemicals segment dominated the market share of over 34% in 2023, indicating the imperative nature of ISO containers in the transit of petrochemical goods. This transportation process is widely used for a variety of products, including crude oil, refined products, and chemicals. ISO containers are also needed for the transport of bulk liquids, chemicals, and fuels, all vital for the petrochemical sector which demands safe and assured transportation. Due to increasing international demand for petroleum products and product diversification in the chemical and pharmaceutical industry, the demand for ISO containers in petrochemicals is strong.

Asia Pacific to Lead ISO Container Market with Strategic Trade Hubs and Industrial Growth

The Asia Pacific region dominated the market share over 38% in 2023, owing to its strategic position as a global manufacturing center and a key participant in international trade. Relevant Countries: As global hub ports, China, Singapore and South Korea have a large number of shipping activity. Port of Shanghai: Port of Shanghai is one of the busiest ports in the world with 40 million TEU (Twenty-foot Equivalent Unit) handled per year. With an extensive industrial base and rapid urbanization, China's demand for ISO containers, which are used for moving goods across borders, has been consistently high as its economy develops.

The European market for ISO containers is poised for significant growth, driven by a rebound in marine commerce activities on the continent. Some 1,000 commercial ports can be found in Europe, with Rotterdam, Antwerp, and Hamburg as the most vital units by the measure of container throughput. At the same time, 70% of all freight transport in Europe is done between maritime routes, and this shows the role of shipping for the supply chain of Europe.

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Recent Developments

- In December 2023: Stolt Tankers has pioneered the use of a revolutionary, durable coating on the hull of one of its chemical tankers. This new technology is aimed at enhancing the performance and longevity of ISO containers used for chemical transportation. By using this advanced coating, Stolt Tankers aims to improve fuel efficiency, reduce maintenance costs, and extend the life of ISO containers, ensuring that the products transported are maintained under the safest and most efficient conditions possible.

About Us:

SNS Insider is a global leader in market research and consulting, shaping the future of the industry. Our mission is to empower clients with the insights they need to thrive in dynamic environments. Utilizing advanced methodologies such as surveys, video interviews, and focus groups, we provide up-to-date, accurate market intelligence and consumer insights, ensuring you make confident, informed decisions.

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Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

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