From the Wires
Market Research Report -- Tanker Truck Body and Trailer Manufacturing Industry Growing
By: Marketwire .
Jan. 3, 2013 03:08 AM
ROCKVILLE, MD -- (Marketwire) -- 01/03/13 -- MarketResearch.com has announced the addition of the market research report "Tanker Truck/Body and Tanker Trailer Manufacturing in North America: Analysis & evaluation of the size, segmentation, channels, and competitive structure underlying the fabrication and manufacture of tanker trucks and tanker trailers in North America" to their product offering.
Tanker trucks and trailers are containers designed for transport of dry bulk cargo, liquids, semi-liquids and gases. Tanker bodies scoped in this report also include vacuum tank bodies designed to transport hazardous and non-hazardous industrial and municipal waste. Tanker trailers are large over-the-road trailer bodies that are designed to be pulled by a tractor. Tanker truck bodies are mounted on truck chassis and are smaller in size and capacity than tanker trailers.
STN has identified 118 manufacturers of tanker truck bodies and trailers. The value of tanker fabrication in North America is estimated at $1.57 billion for 2011. Tanker manufacturing facilities are typically located in regions producing the material transported. This industry -- for both trucks and trailers -- is fragmented, with a large number of small, regionally focused manufacturers. Most manufacturers focus on just one product segment, and manufacturers present in a particular segment usually do not manufacture all product categories within that segment.
Market dynamics driving demand in each buyer segment are different, which in turn impact demand for tanker bodies in that product category. The energy and construction sectors are the primary determinants of demand for tanker bodies. The primary customer segment for both tanker trucks and trailers is the oil and gas industry. Other important customer segments include the chemical, construction and agricultural industries, municipal agencies, and contractors who service the septic waste industry.
The tanker truck and trailer manufacturing industry across all categories suffered a severe shrinkage in demand over the period 2008-2009. However the boom in the energy sector since 2010 has led to an unprecedented increase in demand for tankers that cater to the oil and gas industry. Production grew tremendously in 2011, with production up 31% over 2010. Despite the strong recovery since 2010, the market size of most categories in 2011, with the exception of crude oil tankers, continued to be below the peaks achieved in 2006-2007.
The outlook for 2012 in this segment remained positive, mainly because of an above-average increase in production of liquid and dry bulk trailers catering to the upstream and midstream segments of the oil and gas industry. Production of truck bodies and trailers in most other segments, however, was expected to remain flat in 2012. In addition to historical production numbers from 2006 - 2011, forecasts for the years 2012 - 2016 are included in this report.
For more information, visit http://www.marketresearch.com/land/product.asp?productid=7284510&progid=85055
SpecialtyVehicles.net (SVN) provides proprietary business analysis and databases on vehicular and related market sectors, focusing on information specific to the needs of the commercial vehicle industry. With over 25 years of dedicated truck/vehicular industry experience in corporate development, management consulting and business research, SVN's principals develop reports on subjects ranging from buses, truck bodies, and specialized vehicles to trailers, engines, components and accessories. Key decision-makers use these reports to assist in planning, sales, marketing, financial opinions, acquisitions/mergers and strategic analysis. Established in 1984, SVN operates globally, with offices and associates in the US, UK, India, Brazil and East Africa.
MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Cindy Frei at 240.747.3014 or visit http://www.marketresearch.com.
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