| Product Code: ETC7632828 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Ireland continued to rely on LPG tanker imports from key countries such as China, UK, Netherlands, Canada, and USA. Despite the high Herfindahl-Hirschman Index indicating market concentration, the industry saw significant growth with a notable CAGR of 33.66% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024, highlighting potential challenges or shifts in the market dynamics. Monitoring these trends closely will be crucial for stakeholders in the LPG tanker import industry in Ireland.

The Ireland LPG tanker market is experiencing steady growth due to the increasing demand for LPG as a clean and efficient energy source for residential, commercial, and industrial applications. The market is driven by factors such as the government`s initiatives to promote LPG as a greener alternative to traditional fuels, as well as the growth of industries like agriculture, hospitality, and transportation that heavily rely on LPG. Key players in the Ireland LPG tanker market include transportation companies, LPG suppliers, and logistics providers who are investing in expanding their fleet and infrastructure to meet the rising demand. Overall, the market is poised for further expansion as Ireland continues to transition towards a more sustainable energy future.
The Ireland LPG tanker market is experiencing growth due to increasing demand for liquefied petroleum gas (LPG) as a clean and efficient energy source. The market is seeing a trend towards the use of LPG for heating, cooking, and transportation, driven by environmental concerns and government incentives. Additionally, there is a growing focus on expanding LPG infrastructure in Ireland to meet the rising demand. Opportunities in the market include investments in LPG storage and transportation infrastructure, as well as partnerships with LPG suppliers to ensure a reliable supply chain. Companies operating in the Ireland LPG tanker market can benefit from the growing demand for LPG as a versatile energy source and the government`s support for clean energy initiatives.
In the Ireland LPG tanker market, challenges are primarily related to regulatory compliance, safety concerns, and environmental impact. Strict regulations govern the transportation of liquefied petroleum gas (LPG), requiring companies to adhere to rigorous safety standards and certifications. Safety is a paramount concern due to the flammable nature of LPG and the potential risks associated with its transportation. Environmental considerations also play a significant role, with increasing focus on reducing carbon emissions and promoting sustainable practices in the transportation sector. Additionally, fluctuating fuel prices, geopolitical factors affecting supply chains, and competition from alternative energy sources present further challenges for players in the Ireland LPG tanker market, requiring strategic planning and adaptation to ensure continued growth and success.
The Ireland LPG tanker market is primarily driven by the growing demand for liquefied petroleum gas (LPG) as a cleaner alternative to traditional fuels, particularly in the residential, commercial, and industrial sectors. The increasing focus on reducing carbon emissions and transitioning towards more sustainable energy sources has led to a surge in LPG consumption for heating, cooking, and transportation purposes. Additionally, the expanding use of LPG for power generation and as a feedstock in various industries further propels the demand for LPG tankers in Ireland. Government initiatives promoting the adoption of LPG as a cleaner fuel and the availability of infrastructure for LPG distribution and storage also contribute to the market growth. Overall, the Ireland LPG tanker market is driven by the country`s shift towards greener energy solutions and the versatility of LPG as a reliable energy source.
The Ireland LPG tanker market is governed by several key government policies aimed at ensuring safety, environmental protection, and efficient transportation of liquefied petroleum gas. The Health and Safety Authority (HSA) oversees regulations related to the safe handling and transportation of LPG, including requirements for tanker design, maintenance, and operator training. Additionally, the Environmental Protection Agency (EPA) sets emissions standards and monitors environmental impact to prevent pollution during LPG transportation. The National Standards Authority of Ireland (NSAI) establishes standards for LPG tankers to ensure quality and compliance with international regulations. Overall, these government policies form a comprehensive framework that safeguards public safety, environmental integrity, and industry standards within the Ireland LPG tanker market.
The future outlook for the Ireland LPG Tanker Market appears positive due to several factors. The increasing demand for LPG as a cleaner alternative to traditional fuels, coupled with the country`s efforts to transition towards more sustainable energy sources, is expected to drive growth in the market. Additionally, the strategic location of Ireland as a key transshipment hub for LPG in Europe further enhances its market potential. However, challenges such as fluctuating global oil prices and regulatory uncertainties may impact the market dynamics. Overall, with the growing emphasis on reducing carbon emissions and the increasing use of LPG for various applications, the Ireland LPG Tanker Market is anticipated to witness steady growth in the coming years.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ireland LPG Tanker Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland LPG Tanker Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland LPG Tanker Market - Industry Life Cycle |
3.4 Ireland LPG Tanker Market - Porter's Five Forces |
3.5 Ireland LPG Tanker Market Revenues & Volume Share, By Vessel Size, 2021 & 2031F |
3.6 Ireland LPG Tanker Market Revenues & Volume Share, By Refrigeration & Pressurization, 2021 & 2031F |
4 Ireland LPG Tanker Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for LPG as a cleaner alternative to traditional fuels |
4.2.2 Growth in the residential and commercial sectors leading to higher LPG consumption |
4.2.3 Government initiatives promoting the use of LPG as an environmentally friendly fuel option |
4.3 Market Restraints |
4.3.1 Fluctuating prices of LPG impacting consumer adoption and usage |
4.3.2 Stringent regulations and safety standards governing the transportation and storage of LPG |
4.3.3 Competition from other alternative fuels such as natural gas and renewable energy sources |
5 Ireland LPG Tanker Market Trends |
6 Ireland LPG Tanker Market, By Types |
6.1 Ireland LPG Tanker Market, By Vessel Size |
6.1.1 Overview and Analysis |
6.1.2 Ireland LPG Tanker Market Revenues & Volume, By Vessel Size, 2021- 2031F |
6.1.3 Ireland LPG Tanker Market Revenues & Volume, By Very Large Gas Carriers (VLGC), 2021- 2031F |
6.1.4 Ireland LPG Tanker Market Revenues & Volume, By Large Gas Carriers (LGC), 2021- 2031F |
6.1.5 Ireland LPG Tanker Market Revenues & Volume, By Medium Gas Carriers (MGC), 2021- 2031F |
6.1.6 Ireland LPG Tanker Market Revenues & Volume, By Small Gas Carriers (SGC), 2021- 2031F |
6.2 Ireland LPG Tanker Market, By Refrigeration & Pressurization |
6.2.1 Overview and Analysis |
6.2.2 Ireland LPG Tanker Market Revenues & Volume, By Ethylene, 2021- 2031F |
6.2.3 Ireland LPG Tanker Market Revenues & Volume, By Full Refrigerated, 2021- 2031F |
6.2.4 Ireland LPG Tanker Market Revenues & Volume, By Semi Refrigerated, 2021- 2031F |
6.2.5 Ireland LPG Tanker Market Revenues & Volume, By Full Pressurized, 2021- 2031F |
7 Ireland LPG Tanker Market Import-Export Trade Statistics |
7.1 Ireland LPG Tanker Market Export to Major Countries |
7.2 Ireland LPG Tanker Market Imports from Major Countries |
8 Ireland LPG Tanker Market Key Performance Indicators |
8.1 Number of new LPG applications or installations in residential and commercial buildings |
8.2 Average distance covered per LPG tanker delivery |
8.3 Percentage of LPG used in Ireland's total energy consumption |
8.4 Number of accidents or incidents involving LPG tankers |
8.5 Investment in infrastructure for LPG storage and distribution |
9 Ireland LPG Tanker Market - Opportunity Assessment |
9.1 Ireland LPG Tanker Market Opportunity Assessment, By Vessel Size, 2021 & 2031F |
9.2 Ireland LPG Tanker Market Opportunity Assessment, By Refrigeration & Pressurization, 2021 & 2031F |
10 Ireland LPG Tanker Market - Competitive Landscape |
10.1 Ireland LPG Tanker Market Revenue Share, By Companies, 2024 |
10.2 Ireland LPG Tanker Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |