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Stock impact report

Chemical Tankers Industry Research 2024: Market Poised for Significant Growth, Set to Reach $60.92 Billion by 2033 [Yahoo! Finance]

Hafnia Limited Common Shares (HAFN) 
Company Research Source: Yahoo! Finance
The chemical tankers market has seen a robust growth during the period 2018 to 2023, reaching $34.63 billion in value. Forecasts suggest a continued upward trend, with an anticipated growth to $44.83 billion by 2028 and further on to $60.92 billion by 2033. The sector's expansion signals a strong response to the increasing demand from the chemical industry and the broadening scope of seaborne trade. Key drivers include advancements in the petrochemical industry, elevated requirements for vegetable oils and fats, and significant infrastructural investments globally. Segment Analysis In-depth analysis of the market reveals trends across various segments. By 2023, organic chemicals have emerged as the frontrunner in the product type category and are projected to see the fastest growth through to 2028. Cargo type segmentation indicates that IMO 3 tankers currently dominate the market, with IMO 2 tankers anticipated to be the fastest-growing segment. In terms of fleet capacity, deep-s Show less Read more
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