Press release
Global Dry Bulk Shipping Market Set to Reach US$ 509.6 Billion by 2031: Analysts' Outlook and Market Trends
The global dry bulk shipping market, a cornerstone of international trade in raw materials and finished goods, is poised for remarkable growth, according to the latest industry analysis. The market, valued at US$ 280.4 billion in 2022, is projected to expand at a robust CAGR of 8.7% from 2023 to 2031, reaching an estimated value of US$ 509.6 billion by the end of the forecast period.๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ณ๐ผ๐ฟ ๐ฎ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฟ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฎ๐ (๐จ๐๐ฒ ๐๐ผ๐ฟ๐ฝ๐ผ๐ฟ๐ฎ๐๐ฒ ๐ ๐ฎ๐ถ๐น ๐๐ฑ ๐ณ๐ผ๐ฟ ๐ค๐๐ถ๐ฐ๐ธ ๐ฅ๐ฒ๐๐ฝ๐ผ๐ป๐๐ฒ) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77865
The dry bulk shipping market hinges on the transportation of immense quantities of dry goods globally, including minerals, iron ore, coal, grains, and cement. The sector is crucial in the global trade of raw materials and finished products, with commodities like iron ore and coal being fundamental to manufacturing steel, while grain sustains the global food supply chain.
Asia Pacific is set to dominate the market, driven by robust trade activities in China and India. The growth in these countries has been buoyed by demand for agricultural products, expansion in the construction and industrial sectors, and increased chemical production. Technical advancements and automation are being embraced in the industry, improving productivity and cost-efficiency. The use of digital platforms for booking and tracking dry bulk freight, along with data analytics tools for enhanced vessel performance, is becoming commonplace.
๐๐๐ ๐๐ต๐ถ๐ ๐ฃ๐ฟ๐ฒ๐บ๐ถ๐๐บ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ | ๐๐บ๐บ๐ฒ๐ฑ๐ถ๐ฎ๐๐ฒ ๐๐ฒ๐น๐ถ๐๐ฒ๐ฟ๐ ๐๐๐ฎ๐ถ๐น๐ฎ๐ฏ๐น๐ฒ ๐ฎ๐ -
https://www.transparencymarketresearch.com/checkout.php?rep_id=77865<ype=S
The market is segmented by vessel type, design, and application. Capesize vessels, employed in transporting steel and iron ore, are projected to hold the largest market share from 2023 to 2031. Iron ore and coal shipments are expected to drive growth, with China's economic recovery and infrastructure projects providing significant impetus.
The dry bulk shipping market is led by prominent players such as Belships ASA, Berge Bulk Singapore Pte., Diana Shipping, Inc., and others. These players have been profiled based on parameters like product portfolio, recent developments, financial overview, and business strategies.
๐ ๐ผ๐ฟ๐ฒ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ ๐ฏ๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต -
Hyperthermia Cancer Treatment Market
https://www.globenewswire.com/news-release/2023/06/02/2681137/0/en/Hyperthermia-Cancer-Treatment-Market-to-Grow-5-9-CAGR-Worth-US-266-Million-by-2030-TMR-Study.html#:~:text=Wilmington%2C%20Delaware%2C%20United%20States%2C,US%24%20266%20million%20in%202030.
Retractable Needles Market
https://www.globenewswire.com/news-release/2023/06/05/2681680/0/en/Retractable-Needles-Market-on-a-Steady-7-3-CAGR-Trajectory-Estimated-at-US-355M-by-2031-TMR-Study.html
๐๐ฏ๐ผ๐๐ ๐จ๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐
Nikhil Sawlani
Transparency Market Research Inc.
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