Press release
Barge Transportation Market 2018 Top Key Players Kirby Corporation, American Commercial Barge Line, Ingram Marine, SEACOR Holdings, Heartland Barge, Campbell Transportation, ABC India, Canal Barge, PTC Logistics
Global Barge Transportation Market has indeed gained a velocity in the past few years, and is in the midst of experiencing a profound commercialization portfolio. Global barge shipments is expected to surpass 12 billion tons in terms of volume by 2024, primarily driven by the escalating crude petrochemical shipments across the world. In this regard, it is important to note that U.S. and Japan are the two major economies where crude oil demand is significantly high, which quite aptly translates the profitability quotient of the barge transportation market in these regions.
Growing investments in fleet modernization and increment in the barge number has substantially driven the market dynamics over the years. For instance, Kirby Corporation, one of the renowned barge transportation market giants, had spent almost USD 135 million in 2014 for the construction of 66 new island barges. Mergers and acquisitions is another strategy that the industry participants are readily adopting to consolidate their business position in the competitive space.
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Top Key Players:-
The key players of global Barge Transportation Market are Kirby Corporation, American Commercial Barge Line (ACBL), Ingram Marine Group, SEACOR Holdings, Heartland Barge, Campbell Transportation, ABC India Ltd., Canal Barge, PTC Logistics, and PACC Offshore Services Holdings.
Market share calculation in this report is not done based on companies covered in it. The calculation of barge transportation market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations:-
North America barge transportation industry will witness remarkable gains with an estimated CAGR of 5% over 2017-2024.
Asia Pacific is forecast to procure a significant portion of the overall industry, with a massive revenue collection of USD 45 billion by the end of 2024.
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Major Points of Table Of Content:-
Chapter 3. Barge Transportation Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Profit margin trends
3.3.3. Vendor matrix
3.4. Technology & innovation landscape
3.5. Global transportation industry overview
3.5.1. Current trends & forecast
3.5.2. Consumer preference
3.5.3. Pain points
3.6. Regulatory landscape
3.6.1. U.S.
3.6.2. EU
3.6.3. China
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.1.1. Large capacity of barges and quality of inland waterways
3.7.1.2. Rising demand for petrochemical shipments
3.7.2. Industry pitfalls & challenges
3.7.2.1. High barge operating expenses
3.7.2.2. Stringent government regulations
3.8. Growth potential analysis
3.9. Porter's analysis
3.9.1. Supplier power
3.9.2. Buyer power
3.9.3. Threat of new entrants
3.9.4. Threat of substitutes
3.9.5. Internal rivalry
3.10. Company market share analysis, 2016
3.10.1. Strategy dashboard
3.11. PESTEL analysis
Chapter 4. Barge Transportation Market, By Product
4.1. Global barge transportation market share by product, 2016 & 2024
4.2. Dry cargo
4.2.1. Market estimates and forecast, 2013-2024
4.2.2. Market estimates and forecast, by region, 2013-2024
4.3. Liquid cargo
4.3.1. Market estimates and forecast, 2013-2024
4.3.2. Market estimates and forecast, by region, 2013-2024
4.4. Gaseous cargo
4.4.1. Market estimates and forecast, 2013-2024
4.4.2. Market estimates and forecast, by region, 2013-2024
Chapter 5. Barge Transportation Market, By Barge Fleet
5.1. Global barge transportation market share by barge fleet, 2016 & 2024
5.2. Open barge
5.2.1. Market estimates and forecast, 2013-2024
5.2.2. Market estimates and forecast, by region, 2013-2024
5.3. Covered barge
5.3.1. Market estimates and forecast, 2013-2024
5.3.2. Market estimates and forecast, by region, 2013-2024
5.4. Tank barge
5.4.1. Market estimates and forecast, 2013-2024
5.4.2. Market estimates and forecast, by region, 2013-2024
Chapter 6. Barge Transportation Market, By Application
6.1. Global barge transportation market share by application, 2016 & 2024
6.2. Coal & crude petroleum
6.2.1. Market estimates and forecast, 2013-2024
6.2.2. Market estimates and forecast, by region, 2013-2024
6.3. Agricultural products
6.3.1. Market estimates and forecast, 2013-2024
6.3.2. Market estimates and forecast, by region, 2013-2024
6.4. Coke and refined petroleum products
6.4.1. Market estimates and forecast, 2013-2024
6.4.2. Market estimates and forecast, by region, 2013-2024
6.5. Metal ores
6.5.1. Market estimates and forecast, 2013-2024
6.5.2. Market estimates and forecast, by region, 2013-2024
6.6. Secondary raw materials and wastes
6.6.1. Market estimates and forecast, 2013-2024
6.6.2. Market estimates and forecast, by region, 2013-2024
6.7. Food products, beverages and tobacco
6.7.1. Market estimates and forecast, 2013-2024
6.7.2. Market estimates and forecast, by region, 2013-2024
6.8. Basic metals, fabricated metal products
6.8.1. Market estimates and forecast, 2013-2024
6.8.2. Market estimates and forecast, by region, 2013-2024
6.9. Chemicals, rubber and plastic, nuclear fuel
6.9.1. Market estimates and forecast, 2013-2024
6.9.2. Market estimates and forecast, by region, 2013-2024
6.10. Others
6.10.1. Market estimates and forecast, 2013-2024
6.10.2. Market estimates and forecast, by region, 2013-2024
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Another proliferating technology that is gaining a prominence in the barge transportation market is LNG barge technology. Driven by the sustainability trends, this environmentally viable solution reduces harmful gas emissions such as nitrogen, Sulphur, carbon dioxide etc., by 30% to 80%. With unprecedented technological advancements and escalating demand for petrochemical and agricultural shipments, barge transportation market is expected to chart an appreciable growth in the coming years.
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