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ASEAN ISO Tank Container Market: By Transport Mode: Road, Rail, Marine; By Application: Chemicals, Petrochemicals, Food and Beverages, Pharmaceuticals, Industrial Gas, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

ASEAN ISO Tank Container Market Outlook

The ASEAN ISO tank container market attained a value of about USD 43.33 million in 2021. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 8.10%.

 

Growing Demand from Marine Transport is Bolstering the Market Growth of ISO Tank Containers in ASEAN

The ASEAN market for ISO tank containers is being driven by the rising demand from the marine sector. Major ASEAN countries, such as Vietnam, Indonesia, Malaysia, and Singapore, have vast coastlines owing to which the reliance on sea transport is boosting the market growth of tank containers. These containers carry high corrosion resistance properties and are durable, owing to which they are demanded for the transportation of hazardous liquids like oil, gasoline, and diesel, among others.

 

ASEAN ISO Tank Container Market

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Furthermore, the issued standards of manufacturing these containers ensure structural integrity and durability, along with survivability in extreme conditions and temperatures, thereby augmenting their applications and providing impetus to the market. Further, the expansion in seaborne domestic and international trade with the introduction of large maritime ships is expected to favour the market growth in the coming years.

 

ISO Tank Container: Market Segmentation

ISO tank containers, also known as intermodal tank containers, are containers that are designed and manufactured according to the guidelines defined by the International Organization of Standardization (ISO) for transportation of liquid or gases in large quantities via road, rail, or marine transport.

Based on transport mode, the market can be segmented into:

  • Road
  • Rail
  • Marine

The market, based on application, can be divided into:

  • Chemicals
  • Petrochemicals
  • Food and Beverages
  • Pharmaceuticals
  • Industrial Gas
  • Others

The EMR report looks into the regional markets of ISO tank container of ASEAN countries like Vietnam, Thailand, Indonesia, Singapore, and Malaysia, among others.

 

The Introduction of Ecological Raw Materials to Boost the Market Growth of ISO Tank Containers

The rise in the ASEAN market for ISO tank containers can be ascribed to the flourishing logistics industry in major ASEAN countries. The growing preference for ISO specified tank containers is due to the reduced shipping and handling costs offered by these containers as they allow easy packaging and transportation of liquids. Apart from this, increasing consumer demand for environmentally friendly material, in conjunction with the implementation of stringent rules to reduce plastic waste are some of the factors impelling market leaders to produce containers with sustainable materials that offer excellent durability and physical properties. This is leading to the growth of the market. Furthermore, the integration of advanced wireless technologies such as RFID sensors powered through IoT and Bluetooth technologies to supplement real-time tracking is also promoting the market growth of ISO tank containers in ASEAN region.

 

Key Industry Players in the ASEAN ISO Tank Container Market

The report presents a detailed analysis of the following key players in the ASEAN ISO tank container market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • NRS Corporation
  • BLPL Singapore Pte. Ltd.
  • CS EURASIA LEASING (SEA) Pte Ltd
  • Vietnam Pacific Lines (M) Sdn Bhd
  • Siam Tank Terminals Co., Ltd.
  • Tankformator (S) Pte Ltd.
  • Ltd. ISOTANK VIETNAM
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Transport Mode, Application, Country
Breakup by Transport Mode Road, Rail, Marine
Breakup by Application Chemicals, Petrochemicals, Food and Beverages, Pharmaceuticals, Industrial Gas, Others
Breakup by Country Vietnam, Thailand, Indonesia, Singapore, Malaysia, Others
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered NRS Corporation, BLPL Singapore Pte. Ltd., CS EURASIA LEASING (SEA) Pte Ltd,
Vietnam Pacific Lines (M) Sdn Bhd, Siam Tank Terminals Co., Ltd., Tankformator (S) Pte Ltd., Ltd. ISOTANK VIETNAM, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface 
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions   
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments  
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    ASEAN
7    Industry Opportunities and Challenges  
8    ASEAN ISO Tank Container Market Analysis

    8.1    Key Industry Highlights
    8.2    ASEAN ISO Tank Container Historical Market (2017-2021) 
    8.3    ASEAN ISO Tank Container Market Forecast (2022-2027)
    8.4    ASEAN ISO Tank Container Market by Transport Mode
        8.4.1    Road
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Rail
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Marine
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
    8.5    ASEAN ISO Tank Container Market by Application
        8.5.1    Chemicals
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Petrochemicals
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Food and Beverages
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Pharmaceuticals
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Industrial Gas
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2017-2021)
            8.5.5.3    Forecast Trend (2022-2027)
        8.5.6    Others
    8.6    ASEAN ISO Tank Container Market by Country
        8.6.1    Market Share
            8.6.1.1    Vietnam
            8.6.1.2    Thailand
            8.6.1.3    Indonesia
            8.6.1.4    Singapore
            8.6.1.5    Malaysia
            8.6.1.6    Others
9    Regional Analysis
    9.1    Vietnam
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
    9.2    Thailand
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
    9.3    Indonesia
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
    9.4    Singapore
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
    9.5    Malaysia
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    NRS Corporation
            12.2.1.1    Company Overview 
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    BLPL Singapore Pte. Ltd.
            12.2.2.1    Company Overview 
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    CS EURASIA LEASING (SEA) Pte Ltd
            12.2.3.1    Company Overview 
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Vietnam Pacific Lines (M) Sdn Bhd
            12.2.4.1    Company Overview 
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Siam Tank Terminals Co., Ltd.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Tankformator (S) Pte Ltd.
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Ltd. ISOTANK VIETNAM
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        12.2.8    Others
13    Industry Events and Developments


List of Key Figures and Tables

1.    ASEAN ISO Tank Container Market: Key Industry Highlights, 2017 and 2027
2.    ASEAN ISO Tank Container Historical Market: Breakup by Transport Mode (USD Million), 2017-2021
3.    ASEAN ISO Tank Container Market Forecast: Breakup by Transport Mode (USD Million), 2022-2027
4.    ASEAN ISO Tank Container Historical Market: Breakup by Application (USD Million), 2017-2021
5.    ASEAN ISO Tank Container Market Forecast: Breakup by Application (USD Million), 2022-2027
6.    ASEAN ISO Tank Container Historical Market: Breakup by Country (USD Million), 2017-2021
7.    ASEAN ISO Tank Container Market Forecast: Breakup by Country (USD Million), 2022-2027
8.    ASEAN ISO Tank Container Market Structure

Key Questions Answered in the Report

In 2021, the ASEAN ISO tank container market attained a value of about USD 43.33 million.

The market is projected to grow at a CAGR of 8.10% between 2022 and 2027.

The market is being driven by the rising demand for ISO tank containers from marine transportation for the transportation of petrochemicals.

The market growth can be associated with the increasing use of environmentally friendly raw materials to reduce plastic waste and the integration of advanced technology to track the movement in real time.

The major regions in the industry are Vietnam, Thailand, Indonesia, Singapore, and Malaysia, among others.

The major transport modes of ISO tank container are road, rail, and marine.

The significant applications of ISO tank container are chemicals, petrochemicals, food and beverages, pharmaceuticals, and industrial gas, among others.

The major players in the industry are NRS Corporation, BLPL Singapore Pte. Ltd., CS EURASIA LEASING (SEA) Pte Ltd, Vietnam Pacific Lines (M) Sdn Bhd, Siam Tank Terminals Co., Ltd., Tankformator (S) Pte Ltd., and Ltd. ISOTANK VIETNAM, among others.

Analyst Review

The ASEAN ISO tank container market attained a value of nearly USD 43.33 million in 2021, driven by the rising demand from marine transport. Aided by the use of environmentally friendly materials, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 8.10%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of mode of transport, the market can be segmented into road, rail, and marine. The market, based on application, can be classified into chemicals, petrochemicals, food and beverages, pharmaceuticals, and industrial gas, among others. The major regional markets for ASEAN ISO tank container are Vietnam, Thailand, Indonesia, Singapore, and Malaysia, among others.  The key players in the above market include NRS Corporation, BLPL Singapore Pte. Ltd., CS EURASIA LEASING (SEA) Pte Ltd, Vietnam Pacific Lines (M) Sdn Bhd, Siam Tank Terminals Co., Ltd., Tankformator (S) Pte Ltd., and Ltd. ISOTANK VIETNAM, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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