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Dry Bulk Materials Global Market Report 2022: By Commodity Type, Application, Top Companies And Outlook 2031 | Melvin Orr Trucking, C.H. Robinson, YRC Freight, Swift Transportation, Transpro Burgener

11-30-2022 07:07 AM CET | Logistics & Transport

Press release from: The Business research company

Dry Bulk Materials Market Trends

Dry Bulk Materials Market Trends

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The global dry bulk materials market report by the business research company identifies rising demand for raw materials for the manufacturing, defense, and infrastructure sectors is expected to be a major growth driver for the dry bulk materials market. This upsurge in demand is attributed to the rise in industrialization, population, and urbanization. For instance, according to the report of the World Bank, the European mineral raw materials industry demonstrated a considerable increase in the production of minerals needed for clean energy technologies. It additionally clarifies the requirement for a wide range of minerals and metals for implementing renewable energy strategies and their related infrastructure. The demand for minerals such as graphite, lithium, and cobalt is expected to be as high as 500% by 2050. There is a need for efficient dry bulk trucks to carry these dry bulk materials, thereby driving the market for the dry bulk material trucking market.

The global dry bulk materials market grew from $330.42 billion in 2021 to $364.8 billion in 2022 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The dry bulk materials market is expected to grow to $493.42 billion in 2016 at a CAGR of 7.8%.

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Asia Pacific was the largest region in the dry bulk materials market in 2021. North America was the second largest region in the dry bulk materials market. The regions covered in dry bulk materials trucking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the dry bulk materials trucking market are Melvin Orr Trucking, C.H. Robinson, J.B. Hunt Transport Services Inc., YRC Freight, Swift Transportation, Landstar System Inc., Transpro Burgener, Bulkmatic, Kenan Advantage Group, and Quality Distribution.

The global dry bulk materials market is segmented -
1) By Commodity Type: Iron Ore, Coal And Pet Coke, Grains And Agricultural Products, Cement/ Aggregates, Fertilizers, Other Commodity Types

2) By Application: Food And Beverages, Construction, Automotive, Energy And Mining, Agriculture, Chemicals, Other Applications

3) By Vessel Type: Capesize, Handysize, Pananmax, Handymax

4) By End Use: Iron Ore, Steel Products, Lumber or Log, Other End Users

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The Dry Bulk Materials Market Report Contents Include
1. Executive Summary
2. Dry Bulk Materials Trucking Market Characteristics
3. Dry Bulk Materials Trucking Market Trends And Strategies
4. Dry Bulk Materials Trucking Market - Macro Economic Scenario
5. Dry Bulk Materials Trucking Market Size And Growth
....
26. Africa Dry Bulk Materials Trucking Market
27. Dry Bulk Materials Trucking Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Dry Bulk Materials Trucking Market
29. Dry Bulk Materials Trucking Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the dry bulk materials market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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