Chemical Logistics Market Growth Scenario, Industry Size, Share Analysis, Trends, Competitive Analysis And Forecasts To 2030

Published: 2024-07-03
Views: 92
Author: Pujammr
Published in: Business

Chemical Logistics Market Growth or Demand Increase or Decrease for What Includes:

The demand for chemical logistics is increasing.
In recent years, the production of numerous chemicals has expanded. The rising use of shale gas as a feedstock in the energy sector has boosted demand for shale gas transportation in the industry. For example, according to the American Chemistry Council (ACC), chemical production in the United States increased by 0.8 percent in August 2020 compared to 2016, and is expected to grow by 3% in 2020.

As a result, manufactured chemicals must be effectively supplied, which is predicted to drive up demand for global chemical logistics during the forecast period. As a result, the chemical logistics market is predicted to grow at a CAGR of % due to a growth in chemical output.

Chemical Logistics Market CAGR Estimation:

The Chemical Logistics Market was valued at US $287.99 Bn. in 2023, and it is expected to reach US $359.52 Bn. by 2030 with a CAGR of 3.22% during the forecast period.

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Chemical Logistics Market Segmentation:

by Services
• Transportation & Distribution
• Storage & Warehousing
• Customs & Security
• Green Logistics
• Consulting & Management Services
• Others

by End-Use
• Chemical Industry
• Pharmaceutical Industry
• Cosmetic Industry
• Oil & Gas Industry
• Food Industry
• Others

The chemical logistics market is divided into end-use segments, which include the chemical industry, pharmaceutical industry, cosmetic industry, oil and gas sector, food industry, and others. In 2023, the pharmaceutical industry segment dominated the overall market, accounting for over % of total revenue. This could be related to the global surge in medicine demand caused by the development of the COVID-19 pandemic, which has prompted major pharmaceutical industry companies to investigate and produce drugs to prevent virus infection. Thus, the increased manufacture of medications around the world increased the supply of critical chemicals needed as raw materials for drug production. The MMR report also includes detailed information for each segment.

Chemical Logistics Market Overview:

Chemical logistics refers to the transfer of chemical commodities via a supply chain employing logistical organisation services such as warehousing and transportation. Chemicals play a vital role in almost every industry, including plastics processing, pharmaceuticals, food manufacture, and automobile manufacturing. The chemical sector supplies products to the majority of industries. Chemicals, whether liquid or solid, are used to manufacture pharmaceuticals, food, and other common products.

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Chemical Logistics Market: Which Regions are Experiencing Growth or Increased Demand?

In 2023, Asia Pacific led the market, accounting for nearly % of global revenue, owing to the presence of major chemical manufacturers in the region. The region's logistics demand is expected to rise as a result of increased production of essential chemicals to meet growing consumer demand for customised products.

In 2023, Europe accounted for a significant portion of the market, and it is expected to grow at a CAGR of % over the forecast period. This is due to the presence of well-established logistics businesses in the region, which use sustainable green logistics, increasing demand for chemical logistics.

Chemical Logistics Market Scope and Methodology:

The Global Chemical Logistics Market study includes detailed analysis. It provides an overview of the key local markets and their potential growth over the forecast period, as well as inearch thoroughly expsights on current market trends.

The reslores major market determinants, constraints, vendor possibilities and challenges, and the competitive landscape to help stakeholders make better decisions for increased profits. In addition to pricing data, major competitors, and regional analysis, the Chemical Logistics market research covers international regions and nations, providing information on their growth status, market size, volume, and value.

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Chemical Logistics Market Key Players:

• BDP International
• Agility
• Montreal Chemical Logistics
• CT Logistics
• BD Trans
• C.H. Robinson Worldwide Inc
• Deutsche Bahn Schenker
• Deutsche Post AG
• Rhenus Logistics
• Ryder System Inc.
• A&R Logistics
• CEVA Logistics AG
• FedEx Corp.
• Odyssey Logistics
• Broekman Logistics
• Others

List of Contents : Chemical Logistics Market

Part 01: Executive Summary

Part 02: Scope of the Chemical Logistics Market Report

Part 03: Chemical Logistics Market Landscape

Part 04: Chemical Logistics Market Sizing

Part 05: Chemical Logistics Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Discover the full report to understand the market's future and develop strategies for your business: https://www.maximizemarketresearch.com/market-report/global-chemical-logistics-market/31110/ 

Key questions answered in the  Chemical Logistics Market are:

• What is  Chemical Logistics?
• What is the growth rate of the  Chemical Logistics Market?
• Which are the factors expected to drive the  Chemical Logistics market growth?
• What are the different segments of the  Chemical Logistics Market?
• What growth strategies are the players considering to increase their presence in  Chemical Logistics?
• What are the upcoming industry applications and trends for the  Chemical Logistics Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the  Chemical Logistics Market?
• What major challenges could the  Chemical Logistics Market face in the future?
• What segments are covered in the  Chemical Logistics Market?
• Who are the leading companies and what are their portfolios in  Chemical Logistics Market?
• What segments are covered in the  Chemical Logistics Market?
• Who are the key players in the  Chemical Logistics market?

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