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Global Tank Wagons Markets Report 2021: Crude Oil, Ethanol, Liquefied Gases, Bio Fuels, Milk, Chemicals - Forecasts to 2025 & 2030 - ResearchAndMarkets.com
Business Wire
August 24, 2021 (Ireland)
DUBLIN--(BUSINESS WIRE)--The "Tank Wagons Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering
The global tank wagons market is expected to grow from $62.59 billion in 2020 to $68.74 billion in 2021 at a compound annual growth rate (CAGR) of 9.8%.
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $88.55 billion in 2025 at a CAGR of 6.5%.
Major players in the tank wagons market are American Railcar Industries Inc., GATX, National Steel Car, The Greenbrier Companies, Trinity Industries Inc., Vertex Railcar, Union tank car company, American-Rails, Chongqing ChagnZheng Heavy Industry, and TrinityRail Products.
Source
https://www.businesswire.com/news/home/20210824005632/en/Global-Tank-Wagons-Markets-Report-2021-Crude-Oil-Ethanol-Liquefied-Gases-Bio-Fuels-Milk-Chemicals---Forecasts-to-2025-2030---ResearchAndMarkets.com
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