Barge Transportation Market 2021 Strategic Assessments - ACBL, Danser Group, Ingram Marine Group, Kirby

The "Barge Transportation" Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global Barge Transportation Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence parameters like company profiles, product picture and specification, capacity, production, price, cost, revenue, and contact information. The Barge Transportation Market report provides an in-depth study of SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization.

The global Barge Transportation market size is projected to reach US$ 112880 million by 2027, from US$ 93650 million in 2020, at a CAGR of 2.7% during 2021-2027.

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Top Companies in the Global Barge Transportation Market: ACBL, Danser Group, Ingram Marine Group, Kirby, SEACOR and others.

Market Overview:

The global ethanol production is witnessing an upward growth after a slight decline in 2012. The US and Brazil are the major ethanol producers. Both the countries held 84%-86% of the global ethanol production in 2016. Rising demand of petrochemical shipments across the globe and increasing crude oil demand especially from developed countries which include US and Japan will further escalate the growth of barge transportation market share over the next few years. North America barge transportation market is anticipated to grow at highest CAGR of over 5% resulted from high demand for petrochemical shipments from the region.

Industry News and Developments:

SEACOR Marine Expands Fleet in Share Transaction

January 10, 2019 SEACOR Marine has operated the acquired vessels for the past ten years under a revenue sharing pooling agreement along with four of its owned FSVs of similar specification. As part of the transaction, this pooling agreement was terminated. This will eliminate a negative adjustment in recent years to SEACOR Marine’s revenue and Direct Vessel Profit (“DVP”) that resulted from allocations of revenue among the pool participants. In each of the past two years, this negative adjustment to SEACOR Marine’s revenue has been approximately $2.4 million per year, the majority of which resulted in a corresponding reduction in DVP.

With the addition of these three vessels, SEACOR Marine’s fleet of large FSVs (hull length greater than 190 ft./58 meters) now consists of 20 vessels. These vessels have an average age of approximately 5.9 years and all but three of the vessels are currently contracted. Of the contracted vessels, 14 are operating internationally and three domestically.

This report segments the global Barge Transportation market on the basis of Types is:

Open Barge

Covered Barge

Tank Barge

On the basis of Application, the global Barge Transportation market is segmented into:

Coal & Crude Petroleum

Agricultural Products

Coke & Refined Petroleum Products

Metal Ores

Secondary Raw Materials & Wastes

Food Products

Beverages & Tobacco

Basic Metals & Fabricated Metal Products

Chemicals

The research study evaluates the overall size of the market, by making use of a bottom-up approach, wherein data for different industry verticals, and end-user industries and its applications across various product types have been recorded and predicted during the forecast period. These segments and sub-segments have been documented from the industry specialists and professionals, as well as company representatives, and are outwardly validated by analysing previous year's data of these segments and sub-segments for getting an accurate and complete Barge Transportation market size.

Influence of the Barge Transportation Market Report:

-Comprehensive assessment of all opportunities and risk in the Barge Transportation market.

-Barge Transportation market recent innovations and major events.

-Detailed study of business strategies for growth of the Barge Transportation market-leading players.

-Conclusive study about the growth plot of Barge Transportation market for forthcoming years.

-In-depth understanding of Barge Transportation market-particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the Barge Transportation market.

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Table Of Content

Chapter 1 Study Coverage

Chapter 2 Executive Summary

Chapter 3 Barge Transportation Market Competitor Landscape by Players

Chapter 4 Barge Transportation Market Size by Type and Application

Chapter 5 Global and Regional Analysis

Chapter 6 Company Profiles

Chapter 7 Market Opportunities, Challenges, Risks and Influences Factors Analysis

Chapter 8 Value Chain and Sales Channels Analysis

Chapter 9 Research Findings and Conclusion

Chapter 10 Methodology/Research Approach

Finally, the Barge Transportation Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure, and so on. Barge Transportation industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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