PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1568401
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1568401
Chemical Logistics Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
The Global Chemical Logistics Market is expected to register over 3% CAGR from 2024 to 2032, with a growing demand for efficient and safe transportation of compounds. As the chemical industry continues to expand, particularly in emerging markets, the need for specialized logistics solutions becomes increasingly critical.
Leading companies are increasingly engaging in acquisitions and deals, further propelling market growth. For example, in April 2024, Quantix SCS, a prominent North American supply chain services provider for the chemical industry, announced its acquisition of CLX Logistics. This strategic move aims to bolster end-to-end supply chain efficiency and integration, potentially yielding cost-saving synergies and enhanced service optimization for clients.
Chemical logistics involves managing the movement, storage, and handling of chemicals, all while adhering to stringent safety and environmental regulations. With a growing emphasis on sustainability and advancements in transportation and warehousing technologies, the chemical logistics market is poised for significant growth in the coming years.
The Chemical Logistics Industry size is segmented by service, transportation, end-use, and region.
From 2024 to 2032, the industry share from rail segment is projected to see substantial growth. Rail transportation stands out as a cost-effective, reliable, and eco-friendly solution for the long-distance bulk movement of chemicals. Its inherent safety and efficiency make rail transport an appealing choice for chemical companies aiming to mitigate risks and lessen their carbon footprints. As regulatory demands for safer and greener logistics grow, the rail transportation adoption in chemical logistics is anticipated to rise. Moreover, investments in rail infrastructure and the creation of specialized railcars for chemical transport will bolster this segment's expansion.
During the forecast period, the warehousing segment is set to secure a notable portion of the chemical logistics market. Warehousing is vital for the safe storage and handling of chemicals, ensuring regulatory compliance and accident risk reduction. There's a rising demand for specialized warehousing services, such as temperature-controlled storage, hazardous materials handling, and secure facilities. Investments in automation, safety technologies, and sustainable practices are amplifying the capabilities of chemical warehousing.
From 2024 to 2032, the Europe chemical logistics market is poised for significant gains, bolstered by the region's strong chemical industry, established transportation infrastructure, and rigorous regulatory standards. Europe hosts some of the globe's leading chemical manufacturers, heightening the demand for efficient and compliant logistics.
The region's commitment to sustainability and safety in chemical logistics, combined with substantial investments in infrastructure and technology, is driving market expansion. Furthermore, the presence of major logistics service providers and the adoption of digital solutions to boost supply chain visibility and efficiency are set to accelerate the growth of Europe's chemical logistics market.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market scope and definition
- 1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
- 1.3 Base estimates and calculations
- 1.3.1 Base year calculation
- 1.3.2 Key trends for market estimation
- 1.4 Forecast model
- 1.5 Primary research and validation
- 1.5.1 Primary sources
- 1.5.2 Data mining sources
Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis, 2021 - 2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Supplier landscape
- 3.2.1 Raw material supplier
- 3.2.2 Manufacturer
- 3.2.3 Logistics providers
- 3.2.4 Technology providers
- 3.2.5 End-user
- 3.3 Profit margin analysis
- 3.4 Technology and innovation landscape
- 3.5 Patent analysis
- 3.6 Key news and initiatives
- 3.7 Regulatory landscape
- 3.8 Impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Increasing global chemical production and consumption
- 3.8.1.2 Adoption of advanced supply chain technologies
- 3.8.1.3 Growing demand for specialized chemical handling and storage
- 3.8.1.4 Regulatory compliance driving need for efficient logistics solutions
- 3.8.1.5 Expansion of chemical manufacturing in emerging markets
- 3.8.2 Industry pitfalls and challenges
- 3.8.2.1 Stringent regulatory requirements leading to compliance challenges
- 3.8.1 Growth drivers
- 3.9 Growth potential analysis
- 3.10 Porter's analysis
- 3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates and Forecast, By Service, 2021 - 2032 ($Bn)
- 5.1 Key trends
- 5.2 Transportation
- 5.3 Warehousing
- 5.4 Distribution
- 5.5 Value-added services
Chapter 6 Market Estimates and Forecast, By Transportation, 2021 - 2032 ($Bn, Litre)
- 6.1 Key trends
- 6.2 Road
- 6.2.1 Tanker trucks
- 6.2.2 Container trucks
- 6.2.3 Bulk trucks
- 6.3 Rail
- 6.3.1 Tank cars
- 6.3.2 Hopper cars
- 6.3.3 Boxcars
- 6.4 Sea
- 6.4.1 Bulk carriers
- 6.4.2 Chemical tankers
- 6.4.3 Container ships
- 6.5 Air
- 6.5.1 Cargo planes
- 6.5.2 Specially equipped aircraft
Chapter 7 Market Estimates and Forecast, By End-Use, 2021 - 2032 ($Bn, Litre)
- 7.1 Key trends
- 7.2 Chemical industry
- 7.3 Pharmaceutical industry
- 7.4 Cosmetic industry
- 7.5 Oil and gas industry
- 7.6 Specialty chemicals industry
- 7.7 Food
- 7.8 Others
Chapter 8 Market Estimates and Forecast, By Region, 2021 - 2032 ($Bn)
- 8.1 Key trends
- 8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
- 8.3 Europe
- 8.3.1 UK
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Netherlands
- 8.3.7 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 ANZ
- 8.4.6 Rest of Asia Pacific
- 8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Rest of Latin America
- 8.6 MEA
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Rest of MEA
Chapter 9 Company Profiles
- 9.1 Brenntag
- 9.2 C.H. Robinson
- 9.3 DB Schenker
- 9.4 DHL Global Forwarding
- 9.5 DSV Panalpina
- 9.6 FedEx
- 9.7 GEODIS
- 9.8 Hoyer Group
- 9.9 Kuehne + Nagel
- 9.10 Maersk Logistics
- 9.11 Nippon Express
- 9.12 Norbert Dentressangle
- 9.13 Panalpina
- 9.14 Rhenus Logistics
- 9.15 Sinotrans
- 9.16 Suttons Group
- 9.17 Toll Group
- 9.18 UPS Supply Chain Solutions
- 9.19 Yusen Logistics
- 9.20 XPO Logistics
