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Chemical Logistics Market Size is Forecasted to Reach USD 371.28 Billion by 2030 Says Precedence Research

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The chemical logistics market demand stood at 265.2 billion in 2021 and is forecast to reach 371.28 billion by 2030, growing at a healthy CAGR of 4% until FY2030, according to a 2021 study by Precedence Research, the Canada-based market Insight Company.

The report contains 150+ pages with detailed analysis and it is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit).

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Chemical logistics can be defined as the transport of chemicals through the supply chain with the help of services such as warehousing and transportation provided by the logistics companies. The chemical sector is a crucial part of any business as all almost all industries relies on chemical for the manufacturing of their products. Some of the industries that depend on chemicals for the manufacturing of their end use products include pharmaceuticals, food production, processing plastics, automobile manufacturing and many others. The chemical can either be in liquid or solid form and they act as an essential element in the production of pharmaceutical products, food products, and other products. These chemical needs to be handled with care in order to avoid any hazards such as contamination and spoilage.

Market Report Scope

Report Highlights Details
Market Size USD 371.28 Billion by 2030
Growth Rate CAGR of 4% From 2021 to 2030
Largest Market Asia Pacific
Fastest Growing Market LAMEA
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Mode of Transportation, Services, End User, Region

Competition Landscape

In the final section of the research report, Precedence Research provided the global chemical logistics market structure and a detailed competition landscape to provide a dashboard view of key players operating in the chemical logistics market along with their business strategies to report audiences. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the market.

Some of the major players in the chemical logistics market include:

A&R Logistics, Agility, BASF, BDP International, BDtrans, C.H. Robinson Worldwide Inc., Deutsche Bahn (DB) Schenker, Deutsche Post AG (DHL), Rhenus Logistics and Ryder System Inc.

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.

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.

Market Segmentation

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

Regional Segmentation

– North America (U.S. and Canada)

 – Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)

 – Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)

 – Latin America (Brazil and Rest of Latin America)

– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us recognize financial information, structure of the market participants and industry competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire based research etc.
  • In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Why should you invest in this report?

If you are aiming to enter the global chemical logistics market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for chemical logistics are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Purchase Full Research Report (Single User License US$ 4500) @ https://www.precedenceresearch.com/checkout/1307

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

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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