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Industry Research
LPG Tanker Industry Research Report 2026
Market perspective
The global LPG Tanker market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for LPG Tanker is forecast 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 rise 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 expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of LPG Tanker include among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global LPG Tanker market in revenue (US$ million) and, where applicable, sales volume (k units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to LPG Tanker.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of LPG Tanker manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of LPG Tanker by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of LPG Tanker in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions 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 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 LPG Tanker by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 VLGC
- 2.2.3 LGS
- 2.2.4 MGC
- 2.2.5 SGC
- 2.3 LPG Tanker by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Residential Use
- 2.3.3 Commercial Use
- 2.3.4 Other
- 2.4 Global Market Growth Prospects
- 2.4.1 Global LPG Tanker Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global LPG Tanker Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global LPG Tanker Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global LPG Tanker Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global LPG Tanker Production by Manufacturers (2021-2026)
- 3.2 Global LPG Tanker Production Value by Manufacturers (2021-2026)
- 3.3 Global LPG Tanker Average Price by Manufacturers (2021-2026)
- 3.4 Global LPG Tanker Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global LPG Tanker Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global LPG Tanker Manufacturers, Product Type & Application
- 3.7 Global LPG Tanker Manufacturers Established Date
- 3.8 Global LPG Tanker Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 STX Offshore and Shipbuilding
- 4.1.1 STX Offshore and Shipbuilding LPG Tanker Company Information
- 4.1.2 STX Offshore and Shipbuilding LPG Tanker Business Overview
- 4.1.3 STX Offshore and Shipbuilding LPG Tanker Production, Value and Gross Margin (2021-2026)
- 4.1.4 STX Offshore and Shipbuilding Product Portfolio
- 4.1.5 STX Offshore and Shipbuilding Recent Developments
- 4.2 Meyer Turku
- 4.2.1 Meyer Turku LPG Tanker Company Information
- 4.2.2 Meyer Turku LPG Tanker Business Overview
- 4.2.3 Meyer Turku LPG Tanker Production, Value and Gross Margin (2021-2026)
- 4.2.4 Meyer Turku Product Portfolio
- 4.2.5 Meyer Turku Recent Developments
- 4.3 DAEWOO Shipbuilding
- 4.3.1 DAEWOO Shipbuilding LPG Tanker Company Information
- 4.3.2 DAEWOO Shipbuilding LPG Tanker Business Overview
- 4.3.3 DAEWOO Shipbuilding LPG Tanker Production, Value and Gross Margin (2021-2026)
- 4.3.4 DAEWOO Shipbuilding Product Portfolio
- 4.3.5 DAEWOO Shipbuilding Recent Developments
- 4.4 DAE Sun Shipbuilding
- 4.4.1 DAE Sun Shipbuilding LPG Tanker Company Information
- 4.4.2 DAE Sun Shipbuilding LPG Tanker Business Overview
- 4.4.3 DAE Sun Shipbuilding LPG Tanker Production, Value and Gross Margin (2021-2026)
- 4.4.4 DAE Sun Shipbuilding Product Portfolio
- 4.4.5 DAE Sun Shipbuilding Recent Developments
- 4.5 Hijos de J. Barreras
- 4.5.1 Hijos de J. Barreras LPG Tanker Company Information
- 4.5.2 Hijos de J. Barreras LPG Tanker Business Overview
- 4.5.3 Hijos de J. Barreras LPG Tanker Production, Value and Gross Margin (2021-2026)
- 4.5.4 Hijos de J. Barreras Product Portfolio
- 4.5.5 Hijos de J. Barreras Recent Developments
- 4.6 Namura Shipbuilding
- 4.6.1 Namura Shipbuilding LPG Tanker Company Information
- 4.6.2 Namura Shipbuilding LPG Tanker Business Overview
- 4.6.3 Namura Shipbuilding LPG Tanker Production, Value and Gross Margin (2021-2026)
- 4.6.4 Namura Shipbuilding Product Portfolio
- 4.6.5 Namura Shipbuilding Recent Developments
- 4.7 Mitsubishi Heavy
- 4.7.1 Mitsubishi Heavy LPG Tanker Company Information
- 4.7.2 Mitsubishi Heavy LPG Tanker Business Overview
- 4.7.3 Mitsubishi Heavy LPG Tanker Production, Value and Gross Margin (2021-2026)
- 4.7.4 Mitsubishi Heavy Product Portfolio
- 4.7.5 Mitsubishi Heavy Recent Developments
- 4.8 Hyundai Mipo Dockyard
- 4.8.1 Hyundai Mipo Dockyard LPG Tanker Company Information
- 4.8.2 Hyundai Mipo Dockyard LPG Tanker Business Overview
- 4.8.3 Hyundai Mipo Dockyard LPG Tanker Production, Value and Gross Margin (2021-2026)
- 4.8.4 Hyundai Mipo Dockyard Product Portfolio
- 4.8.5 Hyundai Mipo Dockyard Recent Developments
- 4.9 Hanjin Heavy
- 4.9.1 Hanjin Heavy LPG Tanker Company Information
- 4.9.2 Hanjin Heavy LPG Tanker Business Overview
- 4.9.3 Hanjin Heavy LPG Tanker Production, Value and Gross Margin (2021-2026)
- 4.9.4 Hanjin Heavy Product Portfolio
- 4.9.5 Hanjin Heavy Recent Developments
5 Global LPG Tanker Production by Region
- 5.1 Global LPG Tanker Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global LPG Tanker Production by Region: 2021-2032
- 5.2.1 Global LPG Tanker Production by Region: 2021-2026
- 5.2.2 Global LPG Tanker Production Forecast by Region (2027-2032)
- 5.3 Global LPG Tanker Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global LPG Tanker Production Value by Region: 2021-2032
- 5.4.1 Global LPG Tanker Production Value by Region: 2021-2026
- 5.4.2 Global LPG Tanker Production Value Forecast by Region (2027-2032)
- 5.5 Global LPG Tanker Market Price Analysis by Region (2021-2026)
- 5.6 Global LPG Tanker Production and Value, YOY Growth
- 5.6.1 North America LPG Tanker Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe LPG Tanker Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China LPG Tanker Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan LPG Tanker Production Value Estimates and Forecasts (2021-2032)
- 5.6.5 South Korea LPG Tanker Production Value Estimates and Forecasts (2021-2032)
- 5.6.6 India LPG Tanker Production Value Estimates and Forecasts (2021-2032)
6 Global LPG Tanker Consumption by Region
- 6.1 Global LPG Tanker Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global LPG Tanker Consumption by Region (2021-2032)
- 6.2.1 Global LPG Tanker Consumption by Region: 2021-2026
- 6.2.2 Global LPG Tanker Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America LPG Tanker Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America LPG Tanker Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe LPG Tanker Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe LPG Tanker Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific LPG Tanker Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific LPG Tanker Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa LPG Tanker Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa LPG Tanker Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global LPG Tanker Production by Type (2021-2032)
- 7.1.1 Global LPG Tanker Production by Type (2021-2032) & (k units)
- 7.1.2 Global LPG Tanker Production Market Share by Type (2021-2032)
- 7.2 Global LPG Tanker Production Value by Type (2021-2032)
- 7.2.1 Global LPG Tanker Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global LPG Tanker Production Value Market Share by Type (2021-2032)
- 7.3 Global LPG Tanker Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global LPG Tanker Production by Application (2021-2032)
- 8.1.1 Global LPG Tanker Production by Application (2021-2032) & (k units)
- 8.1.2 Global LPG Tanker Production Market Share by Application (2021-2032)
- 8.2 Global LPG Tanker Production Value by Application (2021-2032)
- 8.2.1 Global LPG Tanker Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global LPG Tanker Production Value Market Share by Application (2021-2032)
- 8.3 Global LPG Tanker Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 LPG Tanker Value Chain Analysis
- 9.1.1 LPG Tanker Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 LPG Tanker Production Mode & Process
- 9.2 LPG Tanker Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 LPG Tanker Distributors
- 9.2.3 LPG Tanker Customers
10 Global LPG Tanker Analyzing Market Dynamics
- 10.1 LPG Tanker Industry Trends
- 10.2 LPG Tanker Industry Drivers
- 10.3 LPG Tanker Industry Opportunities and Challenges
- 10.4 LPG Tanker Industry Restraints
11 Report Conclusion
12 Disclaimer
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