Global Chemical Logistics Market
- POSTED ON Thursday, April 15, 2021
Global Chemical Logistics Market was valued at US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2027 at a CAGR of XX % during the forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Chemical Logistics MArketGlobal Chemical Logistics Market Dynamics:
The constant development of the chemical industry is one of the key factors that will drive the chemical logistics market from 2019 to 2027. Increasing demand for modernized green warehouses in the chemical industry will expand the chemical logistics market opportunities in the coming years. With the increasing requirement for energy conservation, players in the chemical logistics market are moving towards eco-friendly business initiatives. Green warehousing initiatives such as precast concrete construction material, insulated steel panels, & wind turbines are being accepted for developing chemical warehouses.
Some of the logistics companies have already started initiatives for green transportation, warehousing, & distributions. The chemical logistics market forecast report expects that these factors will drive the market growth of the Global Chemical Logistics Market during the forecast period.
One of the major challenges that chemical logistics companies face is the volatile nature of crude oil prices, which directly affect Petroleum, Diesel, and Natural gas prices. These are the primary sources of fuel used in transportation and directly affect the cost of supplying operations.
The sea and road transportation-based chemical logistic supply chain grasped the largest market share in 2019. The sea transportation-based chemical logistic segment is estimated to witness the highest growth during the forecasted period.Regional Insights of the Global Chemical Logistics Market:
The Asia Pacific is the largest market of Chemical logistic market followed by North America, Europe, and the rest of the world (RoW). The Asia Pacific and RoW (include Latin America, Middle East, and Africa) are two of the fasted growing Chemical logistic market of the world. Country-wise, China and the U.S. are two of the largest regional chemical logistics market. China held the major market share in terms of the regional downstream chemical logistic supply chain in 2013.
The upstream chemical logistics such as pipelines have the highest market share in the RoW region attributed to the large petroleum production sites and pipeline-based supply chain to all major countries of the Asia Pacific and European countries. The downstream logistic supply chain in the Asia Pacific is increasing at a double-digit growth rate because of the economic rise and strengthening transportation infrastructure in this region. The downstream chemical logistics market is expected to witness the highest growth in the Asia Pacific during the forecasted period.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analyzing the market segments by product type, end-user, and region and, projects the global market size. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the chemical logistics market.Scope of the Global Chemical Logistics Market report:
Global Chemical Logistics Market, by Type
• Rail• Road• Pipeline• Sea
Global Chemical Logistics Market, by Application
• General chemicals• Flammable and explosive chemicals• Toxic chemicals
Global Chemical Logistics Market, by Region
• North America• Europe• Asia Pacific• Middle East & Africa• South AmericaKey players operating in the Global Chemical Logistics Market:
• BDP International• DB Schenker• BASF• DHL• C.H. Robinson• Agility• Montreal Chemical Logistics• CT Logistics• BDtrans• C.H. Robinson Worldwide Inc• Deutsche Bahn (DB) Schenker• Deutsche Post AG (DHL)• Rhenus Logistics,• Ryder System Inc.,• Montreal Chemical Logistics• A&R Logistics• Deutsche Post AG (DHL)• CEVA Logistics AG• FedEx Corp.• Schenker AG
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