IMARC Group’s latest research report, titled “Chemical Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global chemical logistics market reached a value of US$ 219.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 272.8 Billion by 2027, exhibiting a CAGR of 3.6% during 2022-2027. Chemical logistics refers to the services, such as transportation and warehousing, which helps in the movement of chemicals along a supply chain. Various chemical products require special care in handling, transporting, and storing to prevent safety hazards. Chemical logistics providers adhere to various governmental regulations to minimize hazards for workers and the public. They are flexible, adaptable, and highly responsive in handling and transporting.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by types and service.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Chemical Logistics Market
- Strategies of major players and product offerings
Global Market Trends:
The global market is primarily driven by the significant rise in the chemical industry across the globe. In line with this, the growing chemical production and safety concerns regarding storage, transportation, and distribution of chemicals are positively influencing the market growth. Furthermore, the widespread adoption of the Internet of Things (IoT)-enabled connected devices in logistics processes is significantly contributing to the market growth. Besides this, a considerable rise in the production of shale gas in the energy industry is driving the demand for chemical logistics. Due to the growing environmental concerns, the market players are investing heavily in cost-effective warehousing solutions that combine green practices and smart technology, such as smart sensors and robots, which is favorably impacting the market growth. Additionally, the increasing utilization of artificial intelligence (AI), machine learning, radio-frequency identification (RFID), and drone delivery services in chemical logistics are creating a positive outlook for the market.
Key Players Included in Global Chemical Logistics Market Research Report:
- Agility Public Warehousing Co.
- BDP International Inc.
- C.H. Robinson Worldwide Inc.
- DB Schenker, DHL Group
- DSV Panalpina AS
- FedEx Corp.
- Montreal Chemical Logistics
- Schneider National Inc.
- Univar Inc. etc.
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Key Market Segmentation:
Breakup by Type:
- Rail
- Road
- Pipeline
- Sea
- Others
Breakup by Service:
- Transportation
- Warehousing
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
TOC for the Chemical Logistics Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Chemical Logistics Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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