Chemical Tankers Market Worth 33.11 Billion USD by 2022 - Press Release

Chemical Tankers Market by Product Type (Organic Chemicals, Inorganic Chemicals, Vegetable Oils & Fats), Fleet Type (IMO 1, IMO 2, IMO 3), Fleet Material (Stainless Steel, Coated), Fleet Size, and Region - Global Forecast to 2022

This press release was orginally distributed by SBWire

Northbrook, IL -- (SBWIRE) -- 04/13/2018 -- The flourishing chemical industry and increasing capacities of chemical manufacturers are driving the demand for chemical tankers across the globe. Moreover, the increasing demand for vegetable oils & fats is also expected to fuel the growth of the chemical tankers market during the forecast period.

To know about the assumptions considered for the study, download PDF brochure at https://www.marketsandmarkets.com/pdfdownload.asp?id=83476363

The vegetable oils & fats product type segment of the chemical tankers market is projected to grow at the highest CAGR, in terms of value and volume from 2017 to 2022.

Vegetable oils & fats are among significant ingredients used in the food industry. In the recent years, there has been a steady increase in the production of oils & fats across the globe, which, in turn, has led to the growth of the vegetable oils & fats product type segment of the chemical tankers market. Moreover, the increasing consumption of vegetable oils & fats as they contain more unsaturated fatty acids than animal fats is also leading to the growth of this segment of the market. Apart from this, the increasing global pop....

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