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The liquified petroleum gas (LPG) tanker market size is forecast to increase by USD 52.5 billion at a CAGR of 3.2% between 2023 and 2028. The market is experiencing significant growth due to the increase in supply of natural gas and rapid industrialization. Two primary segments in this market are the full pressurized segment and the semi-refrigerated segment. The full pressurized segment uses Type C tanks, which are not refrigerated, while the semi-refrigerated segment uses fully refrigerated types to maintain the liquid state of the gas during transportation. Technological advances, such as the use of advanced materials for tank construction and insulation, are driving innovation in the market. Fluctuation in crude oil prices also impacts the LPG tanker market, as LPG is often produced as a byproduct of crude oil refining.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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