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The growing chemical trade on account of increasing manufacturing activities across the world is projected to augment market demand. The disparity in regional production and demand trends has triggered the global trade for chemicals and derivatives.

The Global Chemical Tanker Shipping Market is anticipated to reach USD 2.50 trillion by 2025, according to a new report by Grand View Research, Inc.


Organic chemicals such as acetic acid, alcohols, propene, benzene, salt, benzyl acetate, methanol, formic acid, and phenol are some of the vital substances shipped through chemical tankers across the world. The U.S., China, Germany, and Russia are some of the major exporters of chemicals and are expected to foster the global chemical trade over the coming years.

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The U.S. will probably grow at a high rate on account of increasing number of fleet owners, shipbuilders & charterers, availability of raw material, and capital inflow from multinational companies. The expanding market of Asia Pacific is one the most significant areas for growth due to the presence of a large number of small manufacturers in the region.

Top Players of Chemical Tanker Shipping Market:

Some of the significant chemical tanker charters include Navig8 Group, Odfjell SE, Stolt Nielsen, MSC, Stena Bulk, and Maersk Tankers.

Market Segmentation of Chemical Tanker Shipping Market:

The Global Chemical Tanker Shipping Market Segmented on the basis of Product, Shipment Route, Cargo Type.

By Product:

    Organic chemicals
    Inorganic chemicals
    Vegetable oils & fats

By Shipment Route:

    Inland
    Coastal
    Deep sea

By Cargo Type:

    IMO I
    IMO II
    IMO III

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