Press release
Growth of Barge Transportation Market 2018 Global Analysis By Key Players - American Commercial Barge Liner ,Alter Logistics, Continental Corporation, American Commercial Lines LLC, Argosy International Inc, ATS Inc, Blessey Marine Services Inc, Bouchard
Barge Transportation
The Barge Transportation Market report 2018-2024 provides a comprehensive landscape of the industry, accurate market estimates and forecast split By Product, By Barge Fleet, By Application, and regions. All quantitative information is covered on a regional as well as country basis. The report provides valuable strategic insights on the Barge Transportation, analyzing in detail industry impact forces including growth drivers, pitfalls and regulation evolution. The report also includes a detailed outlook on the Barge Transportation segment competitive environment, diving in to the industry position of each major company along with the strategic landscape.
Notable Barge Transportation market players comprise ABC India Ltd, American Commercial Barge Liner (ACBL),Alter Logistics, Continental Corporation, American Commercial Lines LLC, Argosy International Inc, ATS Inc, Blessey Marine Services Inc, Bouchard Transportation Co Inc, Campbell Transportation Company Inc, Canal Barge, Contargo Waterway Logistics BV, Crounse Corporation, Heartland Barge, Ingram Marine Group, Kirby Corporation, Marquette Transportation Company LLC, McAllister Towing & Transportation Co. Ltd, Neska Container Line, Olson Marine Inc,PACC Offshore Services Holdings Ltd. (POSH),Poh Tiong Choon Logistics Limited, SEACOR Holdings Inc.
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Barge transportation market from coal and crude petroleum will exhibit more than 3% CAGR over the forecast timeframe. This can be attributed to the growing petroleum consignments globally. Introduction of enhanced oil recovery techniques along with advanced drilling methods including hydraulic fracking and directional drilling are propelling the segment revenue till 2024. Increasing oil trading activities from Middle East, Europe, and North America will further supplement the industry growth.
Increasing capacities of barges along with the rising trade activities through inland waterways are proliferating the barge transportation market over the study timeframe. Growing demand for petrochemical shipments owing to the latest exploration advancements including shale oil and directional drilling techniques will further augment the barge transportation market growth till 2024.
Dry cargo segment will dominate the barge transportation market with a revenue share of over USD 75 billion over the forecast timeframe. This can be credited to the growing demand for industries that deal with low value bulk including municipal and recyclable waste. The requirement for secure barge transportation market services for transporting lumbar, steel, gravel, coal, and ore will further support the segment dominance.
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Asia Pacific will dominate barge transportation volume share with more than 5 shipments-billion tons in 2024 owing to the increasing domestic and international trading activities for non-renewable materials and chemicals through marine transportation. The availability of vast waterway channels along with increasing demand for petrochemical products will further escalate the industry growth over the projected timeframe.
Table of Content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Barge Transportation Industry Insights
Chapter 4. Barge Transportation Market, By Product
Chapter 5. Barge Transportation Market, By Barge Fleet
Chapter 6. Barge Transportation Market, By Application
Chapter 7. Barge Transportation Market, By Region
Chapter 8. Company Profile
More Details on this Report At: https://www.marketstudyreport.com/reports/barge-transportation-market
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