According to a new research report by Precedence Research, The Chemical Logistics Market size is forecast to exceed US$ 371.28 billion by 2030 from USD 265.2 billion in 2021 and is expected to grow at the highest CAGR of 4% from 2021-2030. The report offers an up-to-date analysis regarding the current market scenario, latest trends, key drivers, potential challenges, profitability graph and the overall market environment.
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Crucial factors accountable for market growth are:
- Rise in demand of chemicals across diverse industry verticals.
- The surge in concerns for safe transportation of dangerous chemicals.
- The demand for implementing automation technologies and green warehousing.
- The Government across the globe is investing heavily for developing advanced chemical logistics infrastructure.
- The surge in the free trade agreement among countries and the development of trading bloc will contribute significantly in the market growth.
Report Highlights
- Asia Pacific region is expected to grow at highest CAGR during the forecast period owing to the presence of flourishing economies with rapid industrialization.
- The stringent rules and regulation regarding the safety of the workers and the environment will boost the market growth.
- The increase in the use of chemicals across diverse industry verticals will boost the market growth of the chemical logistics market.
- By Geography, LAMEA holds a significant share in the Chemical Logistics Market in terms of revenue share because of the presence of oil well and chemicals in the region.
Scope of the Chemical Logistics Market Report
| Report Coverage | Details |
| Market Size in 2021 | US$ 265.2 billion |
| Growth Rate from 2021 to 2030 | CAGR of 4% |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Largest Market | Asia Pacific |
| Fastest Growing Market | LAMEA |
| Segments Covered | Robinson Worldwide Inc., A&R Logistics, Agility, Deutsche Post AG (DHL), BASF, BDP International, BDtrans, C.H. Deutsche Bahn (DB) Schenker, Rhenus Logistics and Ryder System Inc. |
Market Dynamics
Driver - The surge in the use of chemicals across diverse end use industry verticals such as Chemical industry, Pharmaceutical Industry, Cosmetic Industry, Oil & Gas Industry, Specialty Chemicals Industry, Food and Others is the major factor that is expected to drive the growth of the chemical logistics market. Furthermore, the factors such as the surge in free trade agreements among countries and the development of a trade bloc between countries played a significant role in positively impacting the market growth. For instance, On February 2021, GAC (leading shipping and logistics company) signed an agreement with Qatar Free Zones Authority (QFZA) to establish a contract logistics facility and office in the Ras Bufontas Free Zone. The agreement with GAC is expected to play an important role in expanding the logistics capability at QFZA, supporting Qatar’s position as a trade hub.
Restraint - The major restraining factor that will negatively impact the growth of the Chemical Logistics Market includes the high cost involved in the transportation of chemicals by following all the safety precautions in order to avoid any uncertain events.
Opportunity - With the use of innovative technologies, the chemical finds their utility in various other industries and this will provide huge opportunities for the growth of chemical logistics market. Also, the rising demand for green warehousing will have a significant impact in the market growth.
Challenges - The major and the most important challenge faced by the chemical logistics market is the safety in transportation. As the chemicals are dangerous in nature their transportation should be handled with care in order to prevent any mishaps.
Recent Developments
- On February 2021, Agility, a leading global logistics provider, along with its digital innovation arm Shipa, a trusted last-mile delivery and e-commerce logistics player, launched of a bonded, express road freight network for connecting businesses and consumers across the GCC.
- On 26th May, 2021 A&R Logistics, a North American supply chain service company to the chemical industry, announced that it has started the operations at its new liquid chemical transloading station in Moncks Corner, South Carolina, near Charleston. It will help clients more seamlessly manage global distribution of product.
Regional Snapshots
LAMEA is witnessing the significant growth in 2021 in terms of market share owing to the presence of oil wells in the region and is expected to grow remarkable during the forecast period. Saudi Arabia is the major contributor in this region owing to the presence of large oil wells and the Government investments in developing advanced chemical logistics infrastructure. For instance, On 29th April 2021 Aramco Saudi Arabia's state-run energy firm announced that they are transferring the marketing and sales responsibility for a number of Aramco petrochemicals and polymers products to SABIC. These changes will fuel the operational efficiencies, strengthen the brands of both companies and their combined products and services offering, and help to maintain competitiveness.
Segments Covered in the Report
By Mode of Transportation
- Roadways
- Railways
- Airways
- Waterways
- Pipelines
By Services
- Transportation & Distribution
- Storage & Warehousing
- Customs & Security
- Green Logistics
- Consulting & Management Services
- Others
By End User
- Chemical industry
- Pharmaceutical Industry
- Cosmetic Industry
- Oil & Gas Industry
- Specialty Chemicals Industry
- Food
- Others
By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Russia
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and End User Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Chemical Logistics Market, By Mode of Transportation
7.1. Chemical Logistics Market, by Mode of Transportation Type, 2021-2030
7.1.1. Roadways
7.1.1.1. Market Revenue and Forecast (2019-2030)
7.1.2. Railways
7.1.2.1. Market Revenue and Forecast (2019-2030)
7.1.3. Airways
7.1.3.1. Market Revenue and Forecast (2019-2030)
7.1.4. Waterways
7.1.4.1. Market Revenue and Forecast (2019-2030)
7.1.5. Pipelines
7.1.5.1. Market Revenue and Forecast (2019-2030)
Chapter 8. Global Chemical Logistics Market, By Services
8.1. Chemical Logistics Market, by Services, 2021-2030
8.1.1. Transportation & Distribution
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Storage & Warehousing
8.1.2.1. Market Revenue and Forecast (2019-2030)
8.1.3. Green Logistics
8.1.3.1. Market Revenue and Forecast (2019-2030)
8.1.4. Consulting & Management Services
8.1.4.1. Market Revenue and Forecast (2019-2030)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Chemical Logistics Market, By End User
9.1. Chemical Logistics Market, by End User, 2021-2030
9.1.1. Chemical
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Pharmaceutical
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Pharmaceutical
9.1.3.1. Market Revenue and Forecast (2019-2030)
9.1.4. Cosmetic
9.1.4.1. Market Revenue and Forecast (2019-2030)
9.1.5. Oil & Gas
9.1.5.1. Market Revenue and Forecast (2019-2030)
9.1.6. Specialty Chemicals
9.1.6.1. Market Revenue and Forecast (2019-2030)
9.1.7. Food
9.1.7.1. Market Revenue and Forecast (2019-2030)
9.1.8. Others
9.1.8.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Chemical Logistics Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.1.2. Market Revenue and Forecast, by Services (2019-2030)
10.1.3. Market Revenue and Forecast, by End User (2019-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.1.4.2. Market Revenue and Forecast, by Services (2019-2030)
10.1.4.3. Market Revenue and Forecast, by End User (2019-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.1.5.2. Market Revenue and Forecast, by Services (2019-2030)
10.1.5.3. Market Revenue and Forecast, by End User (2019-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.2.2. Market Revenue and Forecast, by Services (2019-2030)
10.2.3. Market Revenue and Forecast, by End User (2019-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.2.4.2. Market Revenue and Forecast, by Services (2019-2030)
10.2.4.3. Market Revenue and Forecast, by End User (2019-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.2.5.2. Market Revenue and Forecast, by Services (2019-2030)
10.2.5.3. Market Revenue and Forecast, by End User (2019-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.2.6.2. Market Revenue and Forecast, by Services (2019-2030)
10.2.6.3. Market Revenue and Forecast, by End User (2019-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.2.7.2. Market Revenue and Forecast, by Services (2019-2030)
10.2.7.3. Market Revenue and Forecast, by End User (2019-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.3.2. Market Revenue and Forecast, by Services (2019-2030)
10.3.3. Market Revenue and Forecast, by End User (2019-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.3.4.2. Market Revenue and Forecast, by Services (2019-2030)
10.3.4.3. Market Revenue and Forecast, by End User (2019-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.3.5.2. Market Revenue and Forecast, by Services (2019-2030)
10.3.5.3. Market Revenue and Forecast, by End User (2019-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.3.6.2. Market Revenue and Forecast, by Services (2019-2030)
10.3.6.3. Market Revenue and Forecast, by End User (2019-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.3.7.2. Market Revenue and Forecast, by Services (2019-2030)
10.3.7.3. Market Revenue and Forecast, by End User (2019-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.4.2. Market Revenue and Forecast, by Services (2019-2030)
10.4.3. Market Revenue and Forecast, by End User (2019-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.4.4.2. Market Revenue and Forecast, by Services (2019-2030)
10.4.4.3. Market Revenue and Forecast, by End User (2019-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.4.5.2. Market Revenue and Forecast, by Services (2019-2030)
10.4.5.3. Market Revenue and Forecast, by End User (2019-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.4.6.2. Market Revenue and Forecast, by Services (2019-2030)
10.4.6.3. Market Revenue and Forecast, by End User (2019-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.4.7.2. Market Revenue and Forecast, by Services (2019-2030)
10.4.7.3. Market Revenue and Forecast, by End User (2019-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.5.2. Market Revenue and Forecast, by Services (2019-2030)
10.5.3. Market Revenue and Forecast, by End User (2019-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.5.4.2. Market Revenue and Forecast, by Services (2019-2030)
10.5.4.3. Market Revenue and Forecast, by End User (2019-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Mode of Transportation (2019-2030)
10.5.5.2. Market Revenue and Forecast, by Services (2019-2030)
10.5.5.3. Market Revenue and Forecast, by End User (2019-2030)
Chapter 11. Company Profiles
11.1. A&R Logistics
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Agility
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. BASF
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. BDP International
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. BDtrans
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. C.H. Robinson Worldwide Inc.
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Deutsche Bahn (DB) Schenker
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Deutsche Post AG (DHL)
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Rhenus Logistics
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Ryder System Inc
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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