Press release
Chemical Logistics Market to Hit USD 359.52 Billion by 2030, Driven by Transportation and Distribution Growth
๐๐ฅ๐จ๐๐๐ฅ ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ญ๐ข๐๐ข๐ฉ๐๐ญ๐๐ ๐ญ๐จ ๐๐๐๐๐ก ๐๐๐ ๐๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐The global chemical logistics market is poised for significant growth, with projections indicating an increase from USD 287.99 billion in 2023 to USD 359.52 billion by 2030, reflecting a compound annual growth rate (CAGR) of 3.22% during the forecast period.
๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ :
๐๐ข๐ฌ๐ข๐ง๐ ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง : The surge in chemical manufacturing across various industries necessitates efficient logistics solutions to manage the supply chain effectively.
๐๐ญ๐ซ๐ข๐ง๐ ๐๐ง๐ญ ๐๐๐๐๐ญ๐ฒ ๐๐๐ ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง๐ฌ : Compliance with federal and state safety standards for transporting hazardous materials is driving the demand for specialized chemical logistics services.
๐๐ฅ๐จ๐๐๐ฅ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐ซ๐๐๐ : The expansion of international trade has increased the complexity of chemical supply chains, thereby boosting the need for advanced logistics services.
๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
Vietnam's burgeoning industrial sector presents substantial opportunities for chemical logistics providers. The country's strategic location and improving infrastructure make it a favorable hub for chemical distribution in Southeast Asia.
๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐ข๐ง๐: ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐ซ๐จ๐ฐ๐ญ๐ก
China's rapid industrialization and status as a leading chemical producer have led to a significant demand for efficient logistics solutions. The government's focus on enhancing supply chain efficiency further propels market growth.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ญ๐จ๐๐๐ฒ : https://www.maximizemarketresearch.com/request-sample/31110/
๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐ซ๐๐ง๐๐ฌ
In Thailand, the chemical logistics market is evolving with a focus on integrating technology to improve supply chain visibility and efficiency. The adoption of digital platforms for tracking and managing chemical shipments is gaining momentum.
๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐๐ง: ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Japan's chemical logistics sector is experiencing consolidation, with key players engaging in mergers and acquisitions to strengthen their market position. For instance, Mitsubishi Chemical Group is in discussions to sell its pharmaceutical division, Mitsubishi Tanabe Pharma, to Bain Capital for over $3.21 billion, aiming to focus on core areas such as vehicle electrification and chip-making.
๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง
South Korea is updating its chemical logistics infrastructure to meet international safety and environmental standards. Investments in advanced storage facilities and transportation systems are enhancing the efficiency and safety of chemical logistics operations.
๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
Singapore's position as a global trade hub offers significant opportunities for chemical logistics providers. The country's world-class port facilities and pro-business environment make it an attractive location for chemical distribution and warehousing.
๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ: ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐ซ๐จ๐ฐ๐ญ๐ก
The United States continues to see growth in the chemical logistics market, driven by advancements in supply chain technologies and a focus on sustainability. Companies are investing in eco-friendly transportation solutions and optimizing routes to reduce carbon footprints.
๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ซ๐จ๐ฉ๐: ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐ซ๐๐ง๐๐ฌ
Europe is witnessing a trend towards green logistics in the chemical sector. Regulatory pressures and consumer demand for sustainable practices are encouraging companies to adopt environmentally friendly logistics solutions, such as energy-efficient transportation and reduced emissions.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ญ๐จ๐๐๐ฒ :https://www.maximizemarketresearch.com/request-sample/31110/
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ค๐๐ฒ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ญ๐ก๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ :
๐๐ฒ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ
โข Transportation & Distribution
โข Storage & Warehousing
โข Customs & Security
โข Green Logistics
โข Consulting & Management Services
โข Others
Transportation & Distribution, Storage & Warehousing, Customs & Security, Green Logistics, Consulting & Management Services, and Others are the service-based market segments for chemical logistics. The storage and warehousing sector dominated the market in 2023, accounting for over xx% of total revenue. Strict lockdowns were imposed worldwide in response to the COVID-19 pandemic, which also had an impact on and forced the suspension of the transportation industry. As a result, manufacturers prefer storage and warehousing when the transportation industry stops. The MMR's report also includes comprehensive details regarding each segment.
๐๐ฒ ๐๐ง๐-๐๐ฌ๐
โข Chemical Industry
โข Pharmaceutical Industry
โข Cosmetic Industry
โข Oil & Gas Industry
โข Food Industry
โข Others
The market for chemical logistics is divided into the following segments based on end-use: chemical, pharmaceutical, cosmetic, oil and gas, food, and others. In terms of revenue, the pharmaceutical industry sector dominated the market in 2023, accounting for almost xx% of total sales. This might have something to do with the rise in demand for medications around the world brought on by the COVID-19 pandemic, which forced the main pharmaceutical companies to do research and provide medications to prevent viral infections. As a result, the global increase in medication manufacture increased the availability of vital chemicals needed as raw materials. The MMR's report also includes comprehensive details regarding each segment.
๐๐ฒ ๐๐ซ๐๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐๐ญ๐ข๐จ๐ง ๐๐จ๐๐
โข Airways
โข Roadways
โข Railways
โข Waterways
โข Pipelines
The market for chemical logistics is divided into segments based on the mode of transportation, which includes pipelines, roads, railroads, canals, and airplanes. In terms of revenue, the railways segment dominated the market in 2023, controlling nearly all of it. This might have something to do with the affordable, secure, and expedient mode of transportation, especially during the COVID-19 pandemic. The MMR's report also includes comprehensive details regarding each segment.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ : @https://www.maximizemarketresearch.com/market-report/global-chemical-logistics-market/31110/
๐๐๐๐ซ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ญ๐จ๐ฉ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ข๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ :
โข BDP International
โข Agility
โข Montreal Chemical Logistics
โข CT Logistics
โข BD Trans
โข C.H. Robinson Worldwide Inc
โข Deutsche Bahn Schenker
โข Deutsche Post AG
โข Rhenus Logistics
โข Ryder System Inc.
โข A&R Logistics
โข CEVA Logistics AG
โข FedEx Corp.
โข Odyssey Logistics
โข Broekman Logistics
โข Others
๐๐๐ญ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ ๐ญ๐จ ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐ฌ๐ก๐๐ฉ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
What is Chemical Logistics ?
What is the growth rate of the Chemical Logistics ?
Which are the factors expected to drive the Chemical Logistics growth?
What is the CAGR at which the Chemical Logistics market will grow during the forecast period?
What are the different segments of the Chemical Logistics ?
Which is the fastest growing region in the Chemical Logistics ?
What growth strategies are the players considering to increase their presence in Chemical Logistics ?
What are the upcoming opportunities and trends for the Chemical Logistics?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Chemical Logistics?
Who are the leading companies and what are their portfolios in Chemical Logistics ?
What segments are covered in the Chemical Logistics?
Who are the key players in the Chemical Logistics ?
๐๐๐ข๐ง ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/31110/
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ.
Past Size and Competitive Landscape
โข Past Pricing and price curve by region
โข Size, Share, Size Forecast by different segment
โข Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โข Segmentation A detailed analysis by segment with their sub-segments and Region
โข Competitive Landscape Profiles of selected key players by region from a strategic perspective
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
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