The ‘Tank Truck/Body Manufacturing in North America – Size, Shares, Segmentation, Competitors, Channels, Trends, and Outlook Underlying the Manufacture of Tank Truck/Bodies – 2017 - 2022 Analysis & Outlook’ report has been added to ResearchAndMarkets.com's offering.
Tank trucks, used for transport of dry bulk cargo, liquids, semi-liquids and gases, are insulated or non-insulated, pressurised or non-pressurised, and designed for single or multiple loads.
This report discusses bulk feed truck/bodies and liquid tank truck/bodies, which are further sub-divided into aviation refuellers, LPG bobtails, petroleum/refined fuel tankers, water tankers and sewer jetters.
Bulk feed truck body manufacture is a distinct category and has a unique set of manufacturers. Bulk feed and liquid tank truck body manufacturers are mostly mutually exclusive; companies manufacturing bulk feed truck bodies typically manufacture only truck and/or trailer-mounted bodies for hauling dry bulk commodities, such as grain, feed and seed, and do not manufacture other types of tank bodies.
Bodies for transport of hazardous liquids are required to conform to specifications and codes established by the US Department of Transportation (DOT) and the American Society of Mechanical Engineers (ASME). DOT specifications for liquid tank bodies are DOT406, DOT407 and MC331.
The value of tank truck/body fabrication in North America is estimated at US$382 million for 2017. The 10 leading manufacturers fabricated close to 45% of total units in 2017, with the two leading players accounting for 6% each in units manufactured.
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 liquid tanker bodies. Over 40% of tank truck bodies are coded units used for fuel transport in 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 full report can be found here.
Read the article online at: https://www.drybulkmagazine.com/dry-bulk/03082018/report-north-american-bulk-feed-truckbodies-and-liquid-tank-truckbodies/