Oil & Gas Equipment & Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Product Tankers
Overview
Market size
$332.0B
global, USD
CAGR
3.5%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
4 high severity
Market outlook
2031$394.3B
What changed
Demand by region
Asia Pacific demand35%
Europe demand25%
North America demand20%
Middle East and Africa demand10%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Marine Bunker Fuel40%
Crew Wages and Provisions25%
Port Fees and Canal Tolls15%
Vessel Maintenance and Insurance12%
Financing and Depreciation8%
share of delivered cost (analyst estimate)