The Boiler, Tank, And Shipping Container Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Boiler, Tank, And Shipping Container Market?
The size of the boiler, tank, and shipping container market has notably expanded in recent times. The market which was valued at $247.05 billion in 2024 is predicted to increase to $261.89 billion in 2025, displaying a compound annual growth rate (CAGR) of 6.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Boiler, Tank, And Shipping Container Industry?
The boiler, tank, and shipping container market is anticipated to expand to a value of $314.08 billion in 2029. The estimated compound annual growth rate (CAGR) over this period is 4.6%.
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What are the Key Growth Drivers Fueling the Boiler, Tank, And Shipping Container Market?
The key drivers in the boiler, tank, and shipping container market are:
• Proliferation of energy transition
• Increasing enforcement of environmental regulations
• Rapid advancements in digitalization and Internet of Things (IoT)
• Expansion of the hydrogen economy and the e-commerce and logistics sector
Global Market Segmentation: Identifying Major Boiler, Tank, And Shipping Container Industry Segments
The boiler, tank, and shipping container market covered in this report is segmented –
1) By Type: Power Boiler And Heat Exchanger, Metal Tank (Heavy Gauge), Metal Can, Box, and Other Metal Container (Light Gauge)
2) By Product Type: Refrigerated Container, Dry Storage Container, Special Purpose Container, Flat Rack Container, Other Product Types
3) By Container Size: Small Containers, Large Containers, High Cube Container
4) By Application: Residential, Commercial, Other Applications
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What are the Emerging Trends Shaping the Future of the Boiler, Tank, And Shipping Container Market?
The key trends in the boiler, tank, and shipping container market are:
• The market is witnessing a trend towards energy-efficient boilers.
• The automation of tank farms is emerging as a significant trend.
• The use of containerization in agriculture is a growing trend.
• Advancements in tank coating and lining technologies and intermodal container usage are shaping the market.
Who Are the Top Competitors & Leading Players in the Boiler, Tank, And Shipping Container Market?
Major companies in the boiler, tank, and shipping container market are:
• Ball Corporation
• China International Marine Containers (Group) Ltd.
• General Electric Company
• Alfa Laval AB
• Ardagh Group S.A.
• Doosan Heavy Industries & Construction Co. Ltd.
• Pacific International Lines (Private) Limited
• BWX Technologies Inc
• CIMC Enric Holdings Limited
• A.P. Møller-Mærsk A/S
• Novelis Inc.
• Rio Tinto Group
• Alcoa Corporation
• United Co RUSAL PLC
• Aluminum Corporation of China Limited (CHALCO)
• Glencore International
• Emirates Global Aluminum
• Norsk Hydro ASA
• Angang Steel Company Limited
• Steel Authority of India Limited
• SSAB AB
• Nucor Corp
• Compagnie de Saint-Gobain S.A.
• Nippon Steel & Sumitomo Metal Corporation
• Vallourec SA
• Voestalpine AG
• Mechel PAO
• Atlas Copco AB
• Metso Oyj
Regional Dominance: Which Area Leads the Global Boiler, Tank, And Shipping Container Market?
Asia-Pacific was the largest region in the boiler, tank, and shipping container market in 2023
