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Global Dry Bulk Materials Market Size, Share, Trends, Demand, Growth Forecast, Segmentation and Revenue Outlook 2023-2032 | Melvin Orr Trucking, C.H. Robinson, J.B. Hunt Transport Services Inc., YRC Freight, Swift Transportation
Dry Bulk Materials Market
As per the Dry Bulk Materials market report by The Business Research Company, Rising demand for raw materials for the manufacturing, defense, and infrastructure sectors is driving the growth of the dry bulk material trucking 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.
The global dry bulk materials trucking market size will grow from $363.94 billion in 2022 to $393.83 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global dry bulk materials trucking market size is expected to grow to $525 billion in 2027 at a CAGR of 7.5%.
Read More On The Dry Bulk Materials Market Report Here:
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Major competitors in the Dry Bulk Materials market include Melvin Orr Trucking, C.H. Robinson, J.B. Hunt Transport Services Inc., YRC Freight, Swift Transportation, Landstar System Inc., TransproBurgener, Bulkmatic, Kenan Advantage Group, and Quality Distribution.
The Dry Bulk Materials market is segmented -
• By Commodity Type: Iron Ore, Coal And Pet Coke, Grains And Agricultural Products, Cement/ Aggregates, Fertilizers, Other Commodity Types
• By Application: Food And Beverages, Construction, Automotive, Energy And Mining, Agriculture, Chemicals, Other Applications.
• By Vessel Type: Capesize, Handysize, Pananmax, Handymax
• By End Use: Iron Ore, Steel Products, Lumber or Log, Other End Users. Asia-Pacific was the largest region in the dry bulk materials market in 2022
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Dry bulk materials trucking refers to the mode of transportation of raw substances that are transported in huge, unpackaged packages by using trucks, freight, and other modes of movement to provide over-the-road transportation from one place to another to reduce time, cover long distances, and reduce environmental pollution for dry bulk materials including coal, grains, metal, and related products.
The Table Of Content For The Dry Bulk Materials Market 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
The "Global Dry Bulk Materials Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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