Crude Oil Carrier Market 2023 - CAGR Status, Major Players, Forecasts 2032

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Crude Oil Carrier Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Crude Oil Carrier Market Segments
The Business Research Company segments its crude
oil carrier market report as
Very Large Crude Carrier (VLCC), Suezmax,
Aframax, Ultra Large Crude Carrier (ULCC), Panamax
By Vessel Type
120,000 MT-180,000 MT, 180,000 MT -320,000 MT,
25,000 MT-50,000 MT, 50,000 MT-75,000 MT, 75,000
MT-120,000 MT, Above 320,000 MT
By Dead Weight Tonnage
Double Bottom, Double Hull, Single Bottom
By Hull Type
Diesel, Gasoline, Aviation Turbine Fuel
By Application
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Market Statistics
The global crude oil carrier market size is
expected to grow from 184.37 billion in 2022 to
193.14 billion in 2023 at a compound annual
growth rate (CAGR) of 4.8. The global crude oil
carrier market size is expected to reach 2223.24
billion in 2027 at a CAGR of 3.7.
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Key Market Drivers And Trends
Drivers
The rising demand for crude oil and its
by-products is expected to propel the growth of
the crude oil carrier market
Trends
Product innovation is the key trend gaining
popularity in the crude oil carrier market.
Region
Asia-Pacific was the largest region in the crude
oil carrier market in 2022. The regions covered
in the global crude oil carrier market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa.
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Key Market Players

• Major players in the crude oil carrier market
  are
• China Shipping Tanker Co. Ltd
• Maersk Tankers A/S
• Essar Group
• OSG Ship Management Inc
• Alaska Tanker Company
• And more.

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4. Assess the Russia-Ukraine wars impact on
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5. Benchmark performance against key competitors.

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