Selected research
Industry Growth & Trends
Global LPG Tanker Industry Growth and Trends Forecast to 2032
Market perspective
The global LPG Tanker market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for LPG Tanker is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for LPG Tanker is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for LPG Tanker is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of LPG Tanker include STX Offshore and Shipbuilding, Meyer Turku, DAEWOO Shipbuilding, DAE Sun Shipbuilding, Hijos de J. Barreras, Namura Shipbuilding, Mitsubishi Heavy, Hyundai Mipo Dockyard and Hanjin Heavy, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global LPG Tanker market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The LPG Tanker market size, estimates, and forecasts are presented in terms of sales volume (k units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global LPG Tanker market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to LPG Tanker.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global LPG Tanker market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
LPG Tanker Market by Company
STX Offshore and Shipbuilding
Meyer Turku
DAEWOO Shipbuilding
DAE Sun Shipbuilding
Hijos de J. Barreras
Namura Shipbuilding
Mitsubishi Heavy
Hyundai Mipo Dockyard
Hanjin Heavy
LPG Tanker Segment by Type
VLGC
LGS
MGC
SGC
LPG Tanker Segment by Application
Residential Use
Commercial Use
Other
LPG Tanker Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global LPG Tanker market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of LPG Tanker and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of LPG Tanker.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of LPG Tanker manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of LPG Tanker in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- VLGC
- LGS
- MGC
- SGC
Applications
- Residential Use
- Commercial Use
- Other
Companies covered
- STX Offshore and Shipbuilding
- Meyer Turku
- DAEWOO Shipbuilding
- DAE Sun Shipbuilding
- Hijos de J. Barreras
- Namura Shipbuilding
- Mitsubishi Heavy
- Hyundai Mipo Dockyard
- Hanjin Heavy
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global LPG Tanker Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global LPG Tanker Sales Estimates and Forecasts (2021-2032)
- 1.3 LPG Tanker Market by Type
- 1.3.1 VLGC
- 1.3.2 LGS
- 1.3.3 MGC
- 1.3.4 SGC
- 1.4 Global LPG Tanker Market Size by Type
- 1.4.1 Global LPG Tanker Market Size Overview by Type (2021-2032)
- 1.4.2 Global LPG Tanker Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global LPG Tanker Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America LPG Tanker Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe LPG Tanker Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific LPG Tanker Sales Breakdown by Type (2021-2026)
- 1.5.4 South America LPG Tanker Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa LPG Tanker Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 LPG Tanker Industry Trends
- 2.2 LPG Tanker Industry Drivers
- 2.3 LPG Tanker Industry Opportunities and Challenges
- 2.4 LPG Tanker Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by LPG Tanker Revenue (2021-2026)
- 3.2 Global Top Players by LPG Tanker Sales (2021-2026)
- 3.3 Global Top Players by LPG Tanker Price (2021-2026)
- 3.4 Global LPG Tanker Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global LPG Tanker Major Company Production Sites & Headquarters
- 3.6 Global LPG Tanker Company, Product Type & Application
- 3.7 Global LPG Tanker Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global LPG Tanker Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 LPG Tanker Players Market Share by Revenue in 2025
- 3.8.3 2025 LPG Tanker Tier 1, Tier 2, and Tier 3
4 LPG Tanker Regional Status and Outlook
- 4.1 Global LPG Tanker Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global LPG Tanker Historic Market Size by Region
- 4.2.1 Global LPG Tanker Sales in Volume by Region (2021-2026)
- 4.2.2 Global LPG Tanker Sales in Value by Region (2021-2026)
- 4.2.3 Global LPG Tanker Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global LPG Tanker Forecasted Market Size by Region
- 4.3.1 Global LPG Tanker Sales in Volume by Region (2027-2032)
- 4.3.2 Global LPG Tanker Sales in Value by Region (2027-2032)
- 4.3.3 Global LPG Tanker Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 LPG Tanker by Application
- 5.1 LPG Tanker Market by Application
- 5.1.1 Residential Use
- 5.1.2 Commercial Use
- 5.1.3 Other
- 5.2 Global LPG Tanker Market Size by Application
- 5.2.1 Global LPG Tanker Market Size Overview by Application (2021-2032)
- 5.2.2 Global LPG Tanker Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global LPG Tanker Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America LPG Tanker Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe LPG Tanker Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific LPG Tanker Sales Breakdown by Application (2021-2026)
- 5.3.4 South America LPG Tanker Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa LPG Tanker Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 STX Offshore and Shipbuilding
- 6.1.1 STX Offshore and Shipbuilding Company Information
- 6.1.2 STX Offshore and Shipbuilding Business Overview
- 6.1.3 STX Offshore and Shipbuilding LPG Tanker Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 STX Offshore and Shipbuilding LPG Tanker Product Portfolio
- 6.1.5 STX Offshore and Shipbuilding Recent Developments
- 6.2 Meyer Turku
- 6.2.1 Meyer Turku Company Information
- 6.2.2 Meyer Turku Business Overview
- 6.2.3 Meyer Turku LPG Tanker Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Meyer Turku LPG Tanker Product Portfolio
- 6.2.5 Meyer Turku Recent Developments
- 6.3 DAEWOO Shipbuilding
- 6.3.1 DAEWOO Shipbuilding Company Information
- 6.3.2 DAEWOO Shipbuilding Business Overview
- 6.3.3 DAEWOO Shipbuilding LPG Tanker Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 DAEWOO Shipbuilding LPG Tanker Product Portfolio
- 6.3.5 DAEWOO Shipbuilding Recent Developments
- 6.4 DAE Sun Shipbuilding
- 6.4.1 DAE Sun Shipbuilding Company Information
- 6.4.2 DAE Sun Shipbuilding Business Overview
- 6.4.3 DAE Sun Shipbuilding LPG Tanker Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 DAE Sun Shipbuilding LPG Tanker Product Portfolio
- 6.4.5 DAE Sun Shipbuilding Recent Developments
- 6.5 Hijos de J. Barreras
- 6.5.1 Hijos de J. Barreras Company Information
- 6.5.2 Hijos de J. Barreras Business Overview
- 6.5.3 Hijos de J. Barreras LPG Tanker Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Hijos de J. Barreras LPG Tanker Product Portfolio
- 6.5.5 Hijos de J. Barreras Recent Developments
- 6.6 Namura Shipbuilding
- 6.6.1 Namura Shipbuilding Company Information
- 6.6.2 Namura Shipbuilding Business Overview
- 6.6.3 Namura Shipbuilding LPG Tanker Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Namura Shipbuilding LPG Tanker Product Portfolio
- 6.6.5 Namura Shipbuilding Recent Developments
- 6.7 Mitsubishi Heavy
- 6.7.1 Mitsubishi Heavy Company Information
- 6.7.2 Mitsubishi Heavy Business Overview
- 6.7.3 Mitsubishi Heavy LPG Tanker Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Mitsubishi Heavy LPG Tanker Product Portfolio
- 6.7.5 Mitsubishi Heavy Recent Developments
- 6.8 Hyundai Mipo Dockyard
- 6.8.1 Hyundai Mipo Dockyard Company Information
- 6.8.2 Hyundai Mipo Dockyard Business Overview
- 6.8.3 Hyundai Mipo Dockyard LPG Tanker Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Hyundai Mipo Dockyard LPG Tanker Product Portfolio
- 6.8.5 Hyundai Mipo Dockyard Recent Developments
- 6.9 Hanjin Heavy
- 6.9.1 Hanjin Heavy Company Information
- 6.9.2 Hanjin Heavy Business Overview
- 6.9.3 Hanjin Heavy LPG Tanker Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Hanjin Heavy LPG Tanker Product Portfolio
- 6.9.5 Hanjin Heavy Recent Developments
7 North America by Country
- 7.1 North America LPG Tanker Sales by Country
- 7.1.1 North America LPG Tanker Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America LPG Tanker Sales by Country (2021-2026)
- 7.1.3 North America LPG Tanker Sales Forecast by Country (2027-2032)
- 7.2 North America LPG Tanker Market Size by Country
- 7.2.1 North America LPG Tanker Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America LPG Tanker Market Size by Country (2021-2026)
- 7.2.3 North America LPG Tanker Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe LPG Tanker Sales by Country
- 8.1.1 Europe LPG Tanker Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe LPG Tanker Sales by Country (2021-2026)
- 8.1.3 Europe LPG Tanker Sales Forecast by Country (2027-2032)
- 8.2 Europe LPG Tanker Market Size by Country
- 8.2.1 Europe LPG Tanker Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe LPG Tanker Market Size by Country (2021-2026)
- 8.2.3 Europe LPG Tanker Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific LPG Tanker Sales by Country
- 9.1.1 Asia-Pacific LPG Tanker Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific LPG Tanker Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific LPG Tanker Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific LPG Tanker Market Size by Country
- 9.2.1 Asia-Pacific LPG Tanker Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific LPG Tanker Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific LPG Tanker Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America LPG Tanker Sales by Country
- 10.1.1 South America LPG Tanker Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America LPG Tanker Sales by Country (2021-2026)
- 10.1.3 South America LPG Tanker Sales Forecast by Country (2027-2032)
- 10.2 South America LPG Tanker Market Size by Country
- 10.2.1 South America LPG Tanker Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America LPG Tanker Market Size by Country (2021-2026)
- 10.2.3 South America LPG Tanker Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa LPG Tanker Sales by Country
- 11.1.1 Middle East and Africa LPG Tanker Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa LPG Tanker Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa LPG Tanker Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa LPG Tanker Market Size by Country
- 11.2.1 Middle East and Africa LPG Tanker Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa LPG Tanker Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa LPG Tanker Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 LPG Tanker Value Chain Analysis
- 12.1.1 LPG Tanker Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 LPG Tanker Production Mode & Process
- 12.2 LPG Tanker Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 LPG Tanker Distributors
- 12.2.3 LPG Tanker Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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