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     113  0 Kommentare ISO Tank Container Market Size of USD 470 million by 2034 Amid Rising Need for Cost-effective Transportation for Liquid and Gas | Future Market Insights, Inc.

    Asia-Pacific's dominance in the ISO tank container market can be attributed to robust industrial and manufacturing sectors, particularly in countries like China and India, drive substantial demand for bulk liquid and gas transportation. South Korea is poised to lead the sector with a CAGR of 8.4% from 2024 to 2034, followed by Japan, the United Kingdom, and China with CAGRs of 8%, 7.5%, and 7.1%, respectively.

    NEWARK, Del., June 24, 2024 /PRNewswire/ -- The global ISO tank container market is valued at USD 254.5 million in 2024. The industry is estimated to grow at a CAGR of 6.3% from 2024 to 2034 to reach a market size of USD 470 million by 2034.

    FMI


    The growing international trade landscape necessitates cost-effective and efficient liquid and gas transportation, with ISO tank containers becoming increasingly popular due to stringent environmental regulations. These containers ensure cargo integrity and reduce spills, making them a reliable and legal option.

    Technological innovations, such as IoT integration, drive market expansion. Globalization and supply chain optimization drive demand for scalable, versatile transportation options. The Asia-Pacific region's rapid urbanization, industrialization, and economic growth create opportunities for ISO tank container suppliers and logistics companies. Sustainability concerns and reduced carbon emissions are expected to affect market dynamics, increasing demand for ISO tank containers.

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    Key Takeaways from the Market Report

    • The global ISO tank container market is set to reach USD 470 million by 2034, with a CAGR of 6.3% from 2024 to 2034.
    • Based on transport mode, the road transport segment will likely record a CAGR of 5.8% through 2034.
    • Based on container type, the multi-compartment tank segment dominated the industry with a market share of 52% in 2023.
    • South Korea is anticipated to record a CAGR of 8.4% between 2024 and 2034.
    • Sales in Japan are predicted to total USD 52 million by 2034.

    "Customization is a growing trend in the ISO tank container market. Businesses catering to evolving consumer needs will likely see exponential growth," says a Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.)

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    ISO Tank Container Market Size of USD 470 million by 2034 Amid Rising Need for Cost-effective Transportation for Liquid and Gas | Future Market Insights, Inc. Asia-Pacific's dominance in the ISO tank container market can be attributed to robust industrial and manufacturing sectors, particularly in countries like China and India, drive substantial demand for bulk liquid and gas transportation. South Korea …