ISO Tank Container Market

The global ISO tank container market size is US$250 Mn as of 2022 and will possibly demonstrate a solid CAGR of 12.5% during 2023 - 2030.

By the mode of transport, the road transport segment remains dominant. On the other hand, the chemicals industry is likely to continue capturing the largest market revenue share through 2030-end. By region, North America will continue to be at the forefront.

ISO tank containers offer several multiple sustainability advantages. They reduce the need for single-use packaging, resulting in less waste and lower carbon emissions. Additionally, the lightweight design of ISO tank containers contributes to reduced fuel consumption during transportation, aligning with global efforts to reduce the environmental impact of logistics.

The global ISO tank container market is primarily driven by factors such as increased international trade, growth in the chemical and food industries, and the need for efficient and safe transportation of liquid and bulk cargo. The environmental benefits of ISO tank containers, which reduce packaging waste and emissions, also contribute to their growing popularity.

The ISO tank container industry is highly responsive to evolving safety and regulatory standards. Manufacturers continually invest in research and development to meet or exceed safety requirements. These containers are designed and tested to comply with international safety and quality standards, including ISO, UN, and IMO regulations, to ensure the secure transportation of hazardous and non-hazardous materials.