Press release
Bulk Terminals Market Research Report: Overview With Geographical Segmentation By Revenue With Forecast 2030
Bulk terminals play instrumental role in industrial infrastructure, wherein they ensure safe and efficient movement of critical resources. In certain respects, bulk terminals maintain localized functions, with conditions in domestic market affecting the performance of every property. That said, from a macro-level viewpoint, global factors, especially cash flows and commodity price dynamics, are influencing global bulk terminals market.Get | Download Sample Copy with Graphs & List of Figures:
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Bulk terminals serve myriads of purposes such as trading platform, logistics function, and strategic storage. However, operational requirements of commercial clients usually trigger industrial operators to emphasize on trading and logistics functions. In light of these trends, the global bulk terminals market is anticipated to grow at stable CAGR over forecast period, 2020-2030.
Production of steel and forest products has made up for 43% of minor bulk trade, says FMI report. In addition, metals and minerals have captured around 37% followed by agricultural products, which represents 20% of minor bulk trade.
Agricultural yield is majorly concentrated on countries such as the US, Argentina, Brazil, China, and India, which accounts for over ¾ of export and import of several grains as minor bulk commodities.
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Bulk Terminals Market Size Study
• Sales of bulk terminals to remain stable over forecast period, 2020-2030
• Dry bulk continues to generate greater total returns to shareholders (TRS)
• Nearly 190 terminals were under expansion worldwide in June 2019, with additional 49 under construction
• Markets in Europe and North America to generate relevant value through 2030
Competitive Intelligence
Leading players in global bulk terminals market are focused on inorganic growth strategies such as mergers and acquisitions (M&A) as well as contracts in order to boost theor market presence. Case in point,
• Ultramar Group has entered into transshipment collaboration with Acron Group to transship over 1.2 million tons per year (tpy) of mineral fertilizers.
• Noatum Maritime has taken over multi-purpose bulk terminal business from Noatum Ports.
• Teck Resources and Westshore Terminals have entered into an agreement for new throughput contract for export of metallurgical coal beginning in April 2021. The contract will witness 5-7 million mt of metallurgical coal exported from April through December 2021.
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By Segmentation:
By Bulk Type
• Dry Bulk
• Grain
• Coal
• Iron Ore
• Others
• Liquid Bulk
• Oil
• Gas
By Region
• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan (APEJ)
• Japan
• Middle East & Africa (MEA)
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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.
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