Asia Pacific Type-C Tanks Market Forecast to 2030 - Regional Analysis - by Tank Type (Cylindrical, Bi-lobe, and Tri-lobe), Application (Cargo Tanks and Fuel Tanks), and End User (LNG, LPG, LH2, and Ethanol)

BMIRE00030626 | Pages: 196 | Manufacturing and Construction | Aug 2024 | Type: Regional | Status: Published

The Asia Pacific Type-C tanks market was valued at US$ 6,412.39 million in 2022 and is expected to reach US$ 9,831.22 million by 2030; it is estimated to register at a CAGR of 5.5% from 2022 to 2030.

Structural Efficiency to Support Pressure Vessel Requirement Boosts Asia Pacific Type-C Tanks Market

Type-C tanks are primarily designed and developed as cryogenic pressure vessels, leveraging conventional pressure vessel codes, and the prevalent design norm is vapor pressure. The design pressure for Type-C tanks ranges above 2,000 mbar (millibar). The most generic shapes for Type-C tanks are bi-lobe and cylindrical. Type-C tanks are used in the LNG carriers. Type-C tanks can stock LNG at a higher pressure than any Type A or Type B tanks; however, space optimization in these tanks is less. Type-C tanks do not need a secondary barrier, as it demonstrates limited risk of structural failure or leakage. Sensors are placed in the hold space to detect the leakage of cargo from the tanks. They can detect the variation in the composition of the dry air or inert gas to fuel vapor and leakages. Hence, leakage can be detected and prevented. Type-C tanks, which are primarily designed to withstand cryogenic temperatures, are often considered a feasible choice for LNG storage on marine vessels. Type-C tanks, usually 300–1000 m3 (cubic meter), -162°C below 10 bar, and less than 20 meters in height are appropriate to be applied for LNG. Thus, the structural advancement and advantages of leveraging Type-C tanks as LNG and LPG carriers drive the market.

Asia Pacific Type-C tanks Market Overview

‘The type-C tank market growth in Asia Pacific (APAC) is attributed by dynamic growth and strategic significance across diverse industries. Countries in APAC are experiencing a surge in energy demand due to rapid industrialization, necessitating the development of efficient energy infrastructure. With a robust energy demand, industrial expansion, and increased focus on sustainability, type-C tanks have become pivotal components in oil and gas transportation and storage. With a growing emphasis on sustainability, several APAC countries are investing substantially in renewable energy projects green hydrogen, highlighting the shift towards clean energy. Type-C tanks also find applications in renewable energy projects in APAC for transporting and storing renewable energy sources such as green hydrogen. Moreover, the demand for type-C tanks is gaining traction in petroleum plants and liquified gas facilities with the growing industrial sector in APAC, notably in countries such as China and India. Due to the convergence of energy demands, industrial expansion, and sustainability initiatives, type-C tanks are gaining high importance across this region's energy and petroleum landscape.

Asia Pacific Type-C Tanks Market Revenue and Forecast to 2030 (US$ Million)

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Asia Pacific Type-C Tanks Market Segmentation  

The Asia Pacific Type-C tanks market is segmented based on tank type, application, end user, and country.

Based on tank type, the Asia Pacific Type-C tanks market is segmented into cylindrical, bi-lobe, and tri-lobe. The cylindrical segment held the largest share in 2022.

In terms of application, the Asia Pacific Type-C tanks market is bifurcated into cargo tanks and fuel tanks. The fuel tanks segment held a larger share in 2022.

By end user, the Asia Pacific Type-C tanks market is segmented into LNG, LPG, LH2, and ethanol. The LNG segment held the largest share in 2022.

Based on country, the Asia Pacific Type-C tanks market is categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific Type-C tanks market in 2022.

Cryogas Equipment Pvt Ltd, Linde Plc, IHI Corp, McDermott International Ltd, China Intonational Marine Containers (Group) Co Ltd, Dongsung Finetec Co Ltd, Tianjin Sinogas Repower Energy Co Ltd, Shandong Zhongjie Special Equipment Co Ltd, Hebei Runfeng Cryogenic Equipment Co Ltd, Qixing Group Co Ltd, Corban Energy Group Corp, Furuise Europe Co SL, Suzhou Shenghui Equipment Co Ltd, INOX India Pvt Ltd, Chongqing Endurance Energy Equipment Integration Co Ltd, WOBO Industrial Group Corp, China Shipbuilding Trading Co Ltd, Jiangsu Watts Energy & Engineering Co Ltd, Henan Jian Shen Metal Material Co Ltd, MAN Energy Solutions SE, Gas and Heat SpA, Mitsubishi Heavy Industries Ltd, Broadview Energy Solutions BV, Transworld Equipment Corp, Bharat Tanks and Vessels LLP, ISISAN AS, Wartsila Corp, Chart Industries Inc, Guangzhou Minwen Cryogenic Equipment Co Ltd, Wuxi Triumph Gases Equipment Co Ltd, Nantong CIMC SinoPacific Offshore & Engineering Co Ltd, Beijing Tianhai Cryogenic Equipment Co Ltd, C-LNG Solutions Pte Ltd, Gloryholder Liquefied Gas Machinery Co Ltd, and TaylorWharton America Inc are some of the leading companies operating in the Asia Pacific Type-C tanks market.   

TABLE OF CONTENTS

 

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights

2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Asia Pacific Type-C Tanks Market Landscape

4.1 Overview

4.2 Ecosystem Analysis

4.2.1 Raw Material Suppliers:

4.2.2 Type-C Tank Manufacturers:

4.2.3 End-users:

4.2.4 List of Type-C Tank Providers

5. Asia Pacific Type-C Tanks Market - Key Market Dynamics

5.1 Asia Pacific Type-C Tanks Market - Key Market Dynamics

5.2 Market Drivers

5.2.1 Growing Application of Liquified Natural Gas as a Marine Fuel

5.2.2 Increasing Number of Shipbuilding Contracts for New Fleet Expansion

5.2.3 Structural Efficiency to Support Pressure Vessel Requirement

5.3 Market Restraints

5.3.1 High Cost of Type-C Tanks

5.4 Market Opportunities

5.4.1 Increasing Focus on Clean Energy

5.4.2 Growing Demand for Small-Scale Liquefied Gas

5.5 Future Trends

5.5.1 Rising Demand for Natural Gas from Several Industries

5.6 Impact of Drivers and Restraints:

6. Type-C Tanks Market - Asia Pacific Market Analysis

6.1 Asia Pacific Type-C Tanks Market Revenue (US$ Million), 2022-2030

6.2 Asia Pacific Type-C Tanks Market Forecast Analysis

7. Asia Pacific Type-C Tanks Market Analysis - by Tank Type

7.1 Cylindrical

7.1.1 Overview

7.1.2 Cylindrical: Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

7.2 Bi-lobe

7.2.1 Overview

7.2.2 Bi-lobe: Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

7.3 Tri-lobe

7.3.1 Overview

7.3.2 Tri-lobe: Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

8. Asia Pacific Type-C Tanks Market Analysis - by Application

8.1 Cargo Tanks

8.1.1 Overview

8.1.2 Cargo Tanks: Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

8.2 Fuel Tanks

8.2.1 Overview

8.2.2 Fuel Tanks: Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

9. Asia Pacific Type-C Tanks Market Analysis - by End User

9.1 LNG

9.1.1 Overview

9.1.2 LNG: Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

9.2 LPG

9.2.1 Overview

9.2.2 LPG: Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

9.3 LH2

9.3.1 Overview

9.3.2 LH2: Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

9.4 Ethanol

9.4.1 Overview

9.4.2 Ethanol: Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

10. Asia Pacific Type-C Tanks Market -Country Analysis

10.1 Asia Pacific

10.1.1 Asia Pacific: Type-C Tanks Market - Revenue and Forecast Analysis - by Country

10.1.1.1 Asia Pacific: Type-C Tanks Market - Revenue and Forecast Analysis - by Country

10.1.1.2 China: Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

10.1.1.2.1 China: Type-C Tanks Market Breakdown, by Tank Type

10.1.1.2.2 China: Type-C Tanks Market Breakdown, by Application

10.1.1.2.3 China: Type-C Tanks Market Breakdown, by End User

10.1.1.3 Japan: Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

10.1.1.3.1 Japan: Type-C Tanks Market Breakdown, by Tank Type

10.1.1.3.2 Japan: Type-C Tanks Market Breakdown, by Application

10.1.1.3.3 Japan: Type-C Tanks Market Breakdown, by End User

10.1.1.4 India: Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

10.1.1.4.1 India: Type-C Tanks Market Breakdown, by Tank Type

10.1.1.4.2 India: Type-C Tanks Market Breakdown, by Application

10.1.1.4.3 India: Type-C Tanks Market Breakdown, by End User

10.1.1.5 Australia: Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

10.1.1.5.1 Australia: Type-C Tanks Market Breakdown, by Tank Type

10.1.1.5.2 Australia: Type-C Tanks Market Breakdown, by Application

10.1.1.5.3 Australia: Type-C Tanks Market Breakdown, by End User

10.1.1.6 South Korea: Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

10.1.1.6.1 South Korea: Type-C Tanks Market Breakdown, by Tank Type

10.1.1.6.2 South Korea: Type-C Tanks Market Breakdown, by Application

10.1.1.6.3 South Korea: Type-C Tanks Market Breakdown, by End User

10.1.1.7 Rest of Asia Pacific: Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

10.1.1.7.1 Rest of Asia Pacific: Type-C Tanks Market Breakdown, by Tank Type

10.1.1.7.2 Rest of Asia Pacific: Type-C Tanks Market Breakdown, by Application

10.1.1.7.3 Rest of Asia Pacific: Type-C Tanks Market Breakdown, by End User

11. Competitive Landscape

11.1 Heat Map Analysis

11.2 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 Product Development

12.4 Mergers & Acquisitions

13. Company Profiles

13.1 Cryogas Equipment Pvt Ltd

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Linde Plc

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 IHI Corp

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 McDermott International Ltd

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 SWOT Analysis

13.4.5 Key Developments

13.5 China International Marine Containers (Group) Co Ltd

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Dongsung Finetec Co Ltd

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Tianjin Sinogas Repower Energy Co Ltd

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Shandong Zhongjie Special Equipment Co Ltd

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Hebei Runfeng Cryogenic Equipment Co Ltd

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Qixing Group Co Ltd

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

13.11 Corban Energy Group Corp

13.11.1 Key Facts

13.11.2 Business Description

13.11.3 Products and Services

13.11.4 Financial Overview

13.11.5 SWOT Analysis

13.11.6 Key Developments

13.12 Furuise Europe Co SL

13.12.1 Key Facts

13.12.2 Business Description

13.12.3 Products and Services

13.12.4 Financial Overview

13.12.5 SWOT Analysis

13.12.6 Key Developments

13.13 Suzhou Shenghui Equipment Co Ltd

13.13.1 Key Facts

13.13.2 Business Description

13.13.3 Products and Services

13.13.4 Financial Overview

13.13.5 SWOT Analysis

13.13.6 Key Developments

13.14 INOX India Pvt Ltd

13.14.1 Key Facts

13.14.2 Business Description

13.14.3 Products and Services

13.14.4 Financial Overview

13.14.5 SWOT Analysis

13.14.6 Key Developments

13.15 Chongqing Endurance Energy Equipment Integration Co Ltd

13.15.1 Key Facts

13.15.2 Business Description

13.15.3 Products and Services

13.15.4 Financial Overview

13.15.5 SWOT Analysis

13.15.6 Key Developments

13.16 WOBO Industrial Group Corp

13.16.1 Key Facts

13.16.2 Business Description

13.16.3 Products and Services

13.16.4 Financial Overview

13.16.5 SWOT Analysis

13.16.6 Key Developments

13.17 China Shipbuilding Trading Co Ltd

13.17.1 Key Facts

13.17.2 Business Description

13.17.3 Products and Services

13.17.4 Financial Overview

13.17.5 SWOT Analysis

13.17.6 Key Developments

13.18 Jiangsu Watts Energy & Engineering Co Ltd

13.18.1 Key Facts

13.18.2 Business Description

13.18.3 Products and Services

13.18.4 Financial Overview

13.18.5 SWOT Analysis

13.18.6 Key Developments

13.19 Henan Jian Shen Metal Metenrial Co Ltd

13.19.1 Key Facts

13.19.2 Business Description

13.19.3 Products and Services

13.19.4 Financial Overview

13.19.5 SWOT Analysis

13.19.6 Key Developments

13.20 MAN Energy Solutions SE

13.20.1 Key Facts

13.20.2 Business Description

13.20.3 Products and Services

13.20.4 Financial Overview

13.20.5 SWOT Analysis

13.20.6 Key Developments

13.21 Mitsubishi Heavy Industries Ltd

13.21.1 Key Facts

13.21.2 Business Description

13.21.3 Products and Services

13.21.4 Financial Overview

13.21.5 SWOT Analysis

13.21.6 Key Developments

13.22 Broadview Energy Solutions BV

13.22.1 Key Facts

13.22.2 Business Description

13.22.3 Products and Services

13.22.4 Financial Overview

13.22.5 SWOT Analysis

13.22.6 Key Developments

13.23 Cryonorm BV

13.23.1 Key Facts

13.23.2 Business Description

13.23.3 Products and Services

13.23.4 Financial Overview

13.23.5 SWOT Analysis

13.23.6 Key Developments

13.24 Transworld Equipment Corp

13.24.1 Key Facts

13.24.2 Business Description

13.24.3 Products and Services

13.24.4 Financial Overview

13.24.5 SWOT Analysis

13.24.6 Key Developments

13.25 Bharat Tanks and Vessels LLP

13.25.1 Key Facts

13.25.2 Business Description

13.25.3 Products and Services

13.25.4 Financial Overview

13.25.5 SWOT Analysis

13.25.6 Key Developments

13.26 ISISAN AS

13.26.1 Key Facts

13.26.2 Business Description

13.26.3 Products and Services

13.26.4 Financial Overview

13.26.5 SWOT Analysis

13.26.6 Key Developments

13.27 Wartsila Corp

13.27.1 Key Facts

13.27.2 Business Description

13.27.3 Products and Services

13.27.4 Financial Overview

13.27.5 SWOT Analysis

13.27.6 Key Developments

13.28 Chart Industries Inc

13.28.1 Key Facts

13.28.2 Business Description

13.28.3 Products and Services

13.28.4 Financial Overview

13.28.5 SWOT Analysis

13.28.6 Key Developments

13.29 Guangzhou Minwen Cryogenic Equipment Co Ltd

13.29.1 Key Facts

13.29.2 Business Description

13.29.3 Products and Services

13.29.4 Financial Overview

13.29.5 SWOT Analysis

13.29.6 Key Developments

13.30 Wuxi Triumph Gases Equipment Co Ltd

13.30.1 Key Facts

13.30.2 Business Description

13.30.3 Products and Services

13.30.4 Financial Overview

13.30.5 SWOT Analysis

13.30.6 Key Developments

13.31 Nantong CIMC SinoPacific Offshore & Engineering Co Ltd

13.31.1 Key Facts

13.31.2 Business Description

13.31.3 Products and Services

13.31.4 Financial Overview

13.31.5 SWOT Analysis

13.31.6 Key Developments

13.32 Beijing Tianhai Cryogenic Equipment Co Ltd

13.32.1 Key Facts

13.32.2 Business Description

13.32.3 Products and Services

13.32.4 Financial Overview

13.32.5 SWOT Analysis

13.32.6 Key Developments

13.33 C-LNG Solutions Pte Ltd

13.33.1 Key Facts

13.33.2 Business Description

13.33.3 Products and Services

13.33.4 Financial Overview

13.33.5 SWOT Analysis

13.33.6 Key Developments

13.34 Gloryholder Liquefied Gas Machinery Co Ltd

13.34.1 Key Facts

13.34.2 Business Description

13.34.3 Products and Services

13.34.4 Financial Overview

13.34.5 SWOT Analysis

13.34.6 Key Developments

13.35 Taylor Wharton America Inc

13.35.1 Key Facts

13.35.2 Business Description

13.35.3 Products and Services

13.35.4 Financial Overview

13.35.5 SWOT Analysis

13.35.6 Key Developments

14. Appendix

14.1 About The Insight Partners

 

List of Tables

Table 1. Asia Pacific Type-C Tanks Market Segmentation

Table 2. List of Vendors in Value Chain

Table 3. Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

Table 4. Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million) - by Tank Type

Table 5. Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million) - by Application

Table 6. Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million) - by End User

Table 7. Asia Pacific: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by Country

Table 8. China: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by Tank Type

Table 9. China: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 10. China: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by End User

Table 11. Japan: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by Tank Type

Table 12. Japan: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 13. Japan: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by End User

Table 14. India: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by Tank Type

Table 15. India: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 16. India: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by End User

Table 17. Australia: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by Tank Type

Table 18. Australia: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 19. Australia: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by End User

Table 20. South Korea: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by Tank Type

Table 21. South Korea: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 22. South Korea: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by End User

Table 23. Rest of Asia Pacific: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by Tank Type

Table 24. Rest of Asia Pacific: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 25. Rest of Asia Pacific: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million) - by End User

 

List of Figures

Figure 1. Asia Pacific Type-C Tanks Market Segmentation, by Country

Figure 2. Impact Analysis of Drivers and Restraints

Figure 3. Asia Pacific Type-C Tanks Market Revenue (US$ Million), 2022-2030

Figure 4. Asia Pacific Type-C Tanks Market Share (%) - by Tank Type (2022 and 2030)

Figure 5. Cylindrical: Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

Figure 6. Bi-lobe: Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

Figure 7. Tri-lobe: Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

Figure 8. Asia Pacific Type-C Tanks Market Share (%) - by Application (2022 and 2030)

Figure 9. Cargo Tanks: Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

Figure 10. Fuel Tanks: Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

Figure 11. Asia Pacific Type-C Tanks Market Share (%) - by End User (2022 and 2030)

Figure 12. LNG: Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

Figure 13. LPG: Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

Figure 14. LH2: Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

Figure 15. Ethanol: Asia Pacific Type-C Tanks Market - Revenue and Forecast to 2030 (US$ Million)

Figure 16. Asia Pacific Type-C Tanks Market- Country, 2022 (US$ Million)

Figure 17. Asia Pacific: Type-C Tanks Market Breakdown, by Key Countries, 2022 and 2030 (%)

Figure 18. China: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million)

Figure 19. Japan: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million)

Figure 20. India: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million)

Figure 21. Australia: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million)

Figure 22. South Korea: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million)

Figure 23. Rest of Asia Pacific: Type-C Tanks Market - Revenue and Forecast to 2030(US$ Million)

Figure 24. Company Positioning & Concentration

1. Cryogas Equipment Pvt Ltd

2. Linde Plc

3. IHI Corp

4. McDermott International Ltd

5. China Intonational Marine Containers (Group) Co Ltd

6. Dongsung Finetec Co Ltd

7. Tianjin Sinogas Repower Energy Co Ltd

8. Shandong Zhongjie Special Equipment Co Ltd

9. Hebei Runfeng Cryogenic Equipment Co Ltd

10. Qixing Group Co Ltd

11. Corban Energy Group Corp

12. Furuise Europe Co SL

13. Suzhou Shenghui Equipment Co Ltd

14. INOX India Pvt Ltd

15. Chongqing Endurance Energy Equipment Integration Co Ltd

16. WOBO Industrial Group Corp

17. China Shipbuilding Trading Co Ltd

18. Jiangsu Watts Energy & Engineering Co Ltd

19. Henan Jian Shen Metal Material Co Ltd

20. MAN Energy Solutions SE

21. Gas and Heat SpA

22. Mitsubishi Heavy Industries Ltd

23. Broadview Energy Solutions BV

24. Transworld Equipment Corp

25. Bharat Tanks and Vessels LLP

26. ISISAN AS

27. Wartsila Corp

28. Chart Industries Inc

29. Guangzhou Minwen Cryogenic Equipment Co Ltd

30. Wuxi Triumph Gases Equipment Co Ltd

31. Nantong CIMC SinoPacific Offshore & Engineering Co Ltd

32. Beijing Tianhai Cryogenic Equipment Co Ltd

33. C-LNG Solutions Pte Ltd

34. Gloryholder Liquefied Gas Machinery Co Ltd

35. TaylorWharton America Inc

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific type-C tanks market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in Asia Pacific type-C tanks market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
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