openPR Logo
Press release

Barge Transportation Market Development Strategies, Demand With Key Players Analysis 2021-2027

05-04-2021 04:21 PM CET | Logistics & Transport

Press release from: Global Market Insights Inc.

Barge Transportation Market

Barge Transportation Market

Increasing requirement to transport heavy industrial goods is expected to augment barge transportation market size over the coming years. Countries worldwide are actively investing in port infrastructure development activities to enhance barge transportation activities. Some countries are considering pouring in huge investments for initiating port modernization projects.

Barges are deployed by diverse industry verticals to transport or carry bulk goods over long distances. Sea routes play a vital role in facilitating trades across countries at an affordable price. Mounting private and government sector investments geared towards exploring new offshore drilling activities could stimulate the demand for Barge Transportation Market. On this note, a study conducted by Global Market Insights, Inc., estimates that the barge transportation market may cross USD 50 billion by the year 2026.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/1945

Gaseous cargo barges are expected to witness an exponential growth on account of surging number of international trades of non-renewable & gaseous products like gaseous chemicals, Liquefied Natural Gas (LNG), Liquefied Petroleum Gas (LPG), and Compressed Natural Gas (CNG). Gas products are primarily transported over tank barges as they ensure maximum efficiency and safety. Growing concerns over leakages linked to gas carrying pipelines could massively boost the adoption of Market.

In terms of application, the Market is categorized under agricultural products, coal & crude petroleum, metal ores, refined & petroleum coke products, food products, secondary raw materials and wastes, basic metals & fabricated metal products, beverages & tobacco, rubber & plastic, chemicals, and nuclear fuel.

Out of these, the secondary raw materials and the waste sector segment is likely to record substantial growth owing to escalating manufacturing projects, especially across Asia Pacific. Manufacturers prefer to transport their raw material inventory in bulk amounts to prevent price instability.

Barge transportation comes as the ideal alternative for transporting bulk wastes and raw materials due to its bulk carrying capabilities and cost-effectiveness.
Elaborating on the regional front, the Middle East and Africa is considered to be a lucrative front for the regional barge transportation industry. MEA is renowned to home numerous large fleets of barges, especially in countries such as Qatar, Kuwait, and Saudi Arabia.

Evidently, these major ports normally handle heavy cargos. Earlier in 2019, the Saudi Ports Authority (MAWANI) published a report stating Saudi ports operated over 21 million tons of total cargo tonnage, an increase of nearly 3 percent compared to the previous year. Meanwhile, the number of containers has scaled up to 622,000, recording a growth of almost 22 percent.

Ask For Customization According to COVID-19 Impact Analysis @ https://www.gminsights.com/roc/1945

Industry participants like Kirby Corporation, American Commercial Barge Line (ACBL), SEACOR Holdings, Ingram Marine Group, Campbell Transportation Company and APL Logistics are pioneering the global barge transportation industry with regular innovation strategies and value-added services.

Table of Contents (ToC) of the report:

Chapter 4. Competitive landscape
4.1. Introduction
4.2. Company market share, 2019
4.3. Competitive analysis of major market players, 2019

Chapter 5. Barge Transportation Market, By Product
5.1. Key trends by product
5.2. Dry cargo
5.2.1. Market estimates and forecast, 2015 – 2026
5.3. Liquid cargo
5.3.1. Market estimates and forecast, 2015 – 2026
5.4. Gaseous cargo
5.4.1. Market estimates and forecast, 2015 – 2026

Chapter 6. Barge Transportation Market, By Barge Fleet
6.1. Key trends by barge fleet
6.2. Opened
6.2.1. Market estimates and forecast, 2015 – 2026
6.3. Covered
6.3.1. Market estimates and forecast, 2015 – 2026
6.4. Tank barge
6.4.1. Market estimates and forecast, 2015 – 2026

Get Complete Synopsis of the Report @ https://www.gminsights.com/toc/detail/barge-transportation-market

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Barge Transportation Market Development Strategies, Demand With Key Players Analysis 2021-2027 here

News-ID: 2279727 • Views: 133

More Releases from Global Market Insights Inc.

Fluorinated Ethylene Propylene Market in U.S to achieve considerable growth in 2 …
Global Fluorinated Ethylene Propylene Market is anticipated to witness prominent growth on account of its increasing applications in the construction, renewable energy, automotive, chemical processing, and electrical & electronics industries. The product exhibits properties like greater breakdown voltage, longer life and good mechanical strength, making its application vital in electrical cable and wires that are used in power distribution lines. A noticeable rise in government initiatives to expand existing power
Conformal Coatings Market in U.S is predicted to see lucrative gains over 2020-2 …
Conformal solution market is a protective, breathable coating of polymer films ranging from 25 to 75 microns of thickness or specially chosen chemicals. The solution is used for protecting electronic circuits from extreme environments, chemical contaminations and moisture seepages. Conformal coatings are used in defense gadgets, automotive and other circuit-based applications. Conformal coatings market are electrically insulating which helps the solution maintain surface insulation resistance levels for longer times. It also
North America to procure a major share of Recyclable Thermosets Market by 2027
Consider the following: • The global landfills, in 2018, had received about 27 million tons of plastic. • Of this huge plastic dump, sources have revealed that over 91% of plastic waste dumped in landfills is non-recyclable. This means that plastic waste is expected to remain on the ground forever, leading to land pollution. Such daunting statistics have got people, as well as various government authorities, worried about the environmental degradation and health
Adhesive Films Market in U.S is expected to showcase significant growth over 202 …
Adhesive films have a widespread application range in various end-use industries such as electronics, aerospace, automotive, healthcare, and others. These are solid sheets of thermoplastic that can be cut to different sizes and used to attach large-area substrates, components, and lids. Applying this type of adhesion on substrates offer a clean and hazard-free operation with minimum waste produced. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/245 There are mainly three

All 5 Releases


More Releases for Barge

Barge Transportation Market | 2024 Industry Players - SEACOR Holdings, PACC Offs …
Barge transportation market has indeed gained a velocity in the past few years, and is in the midst of experiencing a profound commercialization portfolio, 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
Barge Logistics Transportation Market 2020 Growth Factors, Opportunities, Ongoin …
The report attempts to offer a comprehensive analysis of the Barge Logistics Transportation Market status and development trends, including growth, opportunities, rising technology, competitive landscape, types, applications and product offerings of key players. Besides this, it contains a detailed analysis of the market scope, structure, potential, fluctuations, financial impacts, and also envelops the precise evaluation of market share, product & sales volume, and revenue. The findings of the study have
Barge Transportation Market: Oil Boom Increase Barge Operators Fortune || Key Pl …
A recent Fact.MR study foretells the barge transportation market to record significant growth over the forecast period (2019-2027). Barge transportation market continues to witness increased traction in the barge type such as dry bulk cargo barge, liquid cargo barge, car-float barge, power barge and construction barge. Significant alterations in transport infrastructure on the back of fast transitioning perspectives on fuel efficiency, besides other significant advantages such as cost effectiveness and diminished
Barge Transportation Market | 2024 Industry Players - SEACOR Holdings, PACC Offs …
Dry cargo will account for the maximum barge transportation market revenue share of over USD 75 billion till 2024. The dominance can be attributed to the increasing demand for low value bulk industries for the transportation of recyclable and municipal wastes. The increasing requirement of safe barge transportation services for coal, lumber, steel, ore, and gravel will further propel the revenue generation over the forecast timeframe. Barge Transportation Market is estimated
Barge Transportation Market in Asia Pacific is Booming with Strong Growth Prospe …
A new research document is added in HTF MI database of 112 pages, titled as 'Global Barge Transportation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025' with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like South America, Asia Pacific, Europe, MEA, North America and important players/vendors such as acbl [United States] , ingram marine [United States] ,
Barge Transportation Market 2018 Top Key Players Kirby Corporation, American Com …
Market Overview:- 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