Liquefied Petroleum Gas (LPG) Tanker Market Size, Share, and Trends 2026 to 2035

Liquefied Petroleum Gas (LPG) Tanker Market (By Vessel Type: Very Large Gas Carriers (VLGC) , Large Gas Carriers (LGC) , Medium Gas Carriers (MGC) , Small Gas Carriers (SGC) ; By Tank Type: Fully Pressurized , Semi-Refrigerated , Fully Refrigerated ; By Application: Residential LPG Transportation, Commercial LPG Transportation, Industrial/Petrochemical Transportation ; By Transportation Mode: Ocean Transportation, River/Inland Waterways Transportation) - Global Industry Analysis, Size, Trends, Leading Companies, Regional Outlook, and Forecast 2026 to 2035

Last Updated : 13 Mar 2026  |  Report Code : 8136  |  Category : Automotive   |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Liquified petroleum gas (LPG) tanker Market 

5.1. COVID-19 Landscape: Liquified petroleum gas (LPG) tanker Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Liquified petroleum gas (LPG) tanker Market, By Vessel Type

8.1. Liquified petroleum gas (LPG) tanker Market, by Vessel Type

8.1.1. Vessel Type

8.1.1.1. Market Revenue and Forecast

8.1.2. Large Gas Carriers (LGC)

8.1.2.1. Market Revenue and Forecast

8.1.3. Medium Gas Carriers (MGC)

8.1.3.1. Market Revenue and Forecast

8.1.4. Small Gas Carriers (SGC)

8.1.4.1. Market Revenue and Forecast

Chapter 9. Global Liquified petroleum gas (LPG) tanker Market, By Tank Type

9.1. Liquified petroleum gas (LPG) tanker Market, by Tank Type

9.1.1. Fully Pressurized

9.1.1.1. Market Revenue and Forecast

9.1.2. Semi-Refrigerated

9.1.2.1. Market Revenue and Forecast

9.1.3. Fully Refrigerated

9.1.3.1. Market Revenue and Forecast

Chapter 10. Global Liquified petroleum gas (LPG) tanker Market, By Application

10.1. Liquified petroleum gas (LPG) tanker Market, by Application

10.1.1. Residential LPG Transportation

10.1.1.1. Market Revenue and Forecast

10.1.2. Commercial LPG Transportation

10.1.2.1. Market Revenue and Forecast

10.1.3. Industrial/Petrochemical Transportation

10.1.3.1. Market Revenue and Forecast

Chapter 11. Global Liquified petroleum gas (LPG) tanker Market, By Transportation Mode

11.1. Liquified petroleum gas (LPG) tanker Market, by Transportation Mode

11.1.1. Ocean Transportation

11.1.1.1. Market Revenue and Forecast

11.1.2. River/Inland Waterways Transportation

11.1.2.1. Market Revenue and Forecast

Chapter 12. Global Liquified petroleum gas (LPG) tanker Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Vessel Type

12.1.2. Market Revenue and Forecast, by Tank Type

12.1.3. Market Revenue and Forecast, by Application

12.1.4. Market Revenue and Forecast, by Transportation Mode

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Vessel Type

12.1.5.2. Market Revenue and Forecast, by Tank Type

12.1.5.3. Market Revenue and Forecast, by Application

12.1.5.4. Market Revenue and Forecast, by Transportation Mode

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Vessel Type

12.1.6.2. Market Revenue and Forecast, by Tank Type

12.1.6.3. Market Revenue and Forecast, by Application

12.1.6.4. Market Revenue and Forecast, by Transportation Mode

12.2. Europe

12.2.1. Market Revenue and Forecast, by Vessel Type

12.2.2. Market Revenue and Forecast, by Tank Type

12.2.3. Market Revenue and Forecast, by Application

12.2.4. Market Revenue and Forecast, by Transportation Mode

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Vessel Type

12.2.5.2. Market Revenue and Forecast, by Tank Type

12.2.5.3. Market Revenue and Forecast, by Application

12.2.5.4. Market Revenue and Forecast, by Transportation Mode

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Vessel Type

12.2.6.2. Market Revenue and Forecast, by Tank Type

12.2.6.3. Market Revenue and Forecast, by Application

12.2.6.4. Market Revenue and Forecast, by Transportation Mode

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Vessel Type

12.2.7.2. Market Revenue and Forecast, by Tank Type

12.2.7.3. Market Revenue and Forecast, by Application

12.2.7.4. Market Revenue and Forecast, by Transportation Mode

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Vessel Type

12.2.8.2. Market Revenue and Forecast, by Tank Type

12.2.8.3. Market Revenue and Forecast, by Application

12.2.8.4. Market Revenue and Forecast, by Transportation Mode

12.3. APAC

12.3.1. Market Revenue and Forecast, by Vessel Type

12.3.2. Market Revenue and Forecast, by Tank Type

12.3.3. Market Revenue and Forecast, by Application

12.3.4. Market Revenue and Forecast, by Transportation Mode

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Vessel Type

12.3.5.2. Market Revenue and Forecast, by Tank Type

12.3.5.3. Market Revenue and Forecast, by Application

12.3.5.4. Market Revenue and Forecast, by Transportation Mode

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Vessel Type

12.3.6.2. Market Revenue and Forecast, by Tank Type

12.3.6.3. Market Revenue and Forecast, by Application

12.3.6.4. Market Revenue and Forecast, by Transportation Mode

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Vessel Type

12.3.7.2. Market Revenue and Forecast, by Tank Type

12.3.7.3. Market Revenue and Forecast, by Application

12.3.7.4. Market Revenue and Forecast, by Transportation Mode

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Vessel Type

12.3.8.2. Market Revenue and Forecast, by Tank Type

12.3.8.3. Market Revenue and Forecast, by Application

12.3.8.4. Market Revenue and Forecast, by Transportation Mode

12.4. MEA

12.4.1. Market Revenue and Forecast, by Vessel Type

12.4.2. Market Revenue and Forecast, by Tank Type

12.4.3. Market Revenue and Forecast, by Application

12.4.4. Market Revenue and Forecast, by Transportation Mode

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Vessel Type

12.4.5.2. Market Revenue and Forecast, by Tank Type

12.4.5.3. Market Revenue and Forecast, by Application

12.4.5.4. Market Revenue and Forecast, by Transportation Mode

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Vessel Type

12.4.6.2. Market Revenue and Forecast, by Tank Type

12.4.6.3. Market Revenue and Forecast, by Application

12.4.6.4. Market Revenue and Forecast, by Transportation Mode

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Vessel Type

12.4.7.2. Market Revenue and Forecast, by Tank Type

12.4.7.3. Market Revenue and Forecast, by Application

12.4.7.4. Market Revenue and Forecast, by Transportation Mode

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Vessel Type

12.4.8.2. Market Revenue and Forecast, by Tank Type

12.4.8.3. Market Revenue and Forecast, by Application

12.4.8.4. Market Revenue and Forecast, by Transportation Mode

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Vessel Type

12.5.2. Market Revenue and Forecast, by Tank Type

12.5.3. Market Revenue and Forecast, by Application

12.5.4. Market Revenue and Forecast, by Transportation Mode

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Vessel Type

12.5.5.2. Market Revenue and Forecast, by Tank Type

12.5.5.3. Market Revenue and Forecast, by Application

12.5.5.4. Market Revenue and Forecast, by Transportation Mode

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Vessel Type

12.5.6.2. Market Revenue and Forecast, by Tank Type

12.5.6.3. Market Revenue and Forecast, by Application

12.5.6.4. Market Revenue and Forecast, by Transportation Mode

Chapter 13. Company Profiles

13.1. BW LPG

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Dorian LPG Ltd.

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. EXMAR NV

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Navigator Holdings Ltd.

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Nakilat

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Teekay Gas Group

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Mitsui O.S.K. Lines

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Kawasaki Kisen Kaisha

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Hyundai Heavy Industries

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Samsung Heavy Industries

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

Answer : The liquefied petroleum gas (LPG) tanker market size was evaluated at USD 227.14 million in 2025 and is predicted to reach at USD 365.08 million by 2035.

Answer : The liquefied petroleum gas (LPG) tanker market is expected to grow at a compound annual growth rate (CAGR) of around 4.86% from 2026 to 2035.

Answer : The major players in the liquefied petroleum gas (LPG) tanker market include BW LPG, Dorian LPG Ltd., EXMAR NV, Navigator Holdings Ltd., Nakilat, Teekay Gas Group, Mitsui O.S.K. Lines, Kawasaki Kisen Kaisha, Hyundai Heavy Industries, Samsung Heavy Industries, Mitsubishi Heavy Industries, Daewoo Shipbuilding & Marine Engineering, STX Offshore & Shipbuilding, Great Eastern Shipping Company and NYK Line.

Answer : The driving factors of the liquefied petroleum gas (LPG) tanker market are the growth, driven by the surge in shale gas production, increasing demand for liquefied petroleum gas (LPG) in developing nations, and significant investment in terminal infrastructure and storage facilities.

Answer : Asia Pacific region will lead the global liquefied petroleum gas (LPG) tanker market during the forecast period 2026 to 2035.

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