LPG Tanker Market Share And AnalysisTo 2022: Grand View Research, Inc

Global LPG tanker market is expected to witness strong growth over the forecast period on account of increasing LPG trade across various countries. Strong growth of shale gas production is further expected to boost LPG tankers demand over the next seven years. Volatile crude oil prices coupled with improvements in horizontal drilling and hydraulic fracturing techniques resulted in major industries to shift their focus towards the production of oil & gas from shale rock. Shift in focus towards Shale gas production is further expected to augment market growth over the projected period. Increasing demand for LPG gas for residential purpose for cooking and heating applications is one of the key factors to drive the market over the past few years and the trend is expected to continue over the forecast period.
http://www.grandviewresearch.com/industry-analysis/lpg-tanker-market