About Chemical Logistics
Logistics deals with planning, procurement, and implementation of different activities in the overall supply chain. Chemical logistics refers to transportation, delivery solutions, and distribution of chemicals which also manage the way resources are stored and as well as delivered to end-users. The mode of chemical logistics includes transportation through the sea, road, rail, or airways.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Manufacturers can focus on optimizing their logistics processes, including transportation, warehousing, inventory management, and order fulfillment. This allows them to minimize costs, improve delivery times, and enhance overall operational efficiency. Moreover, developing specialized expertise in handling and transporting chemicals can be a competitive advantage.The Manufacturers having a strong hold in the market are Deutsche Post AG Dow DB Schenker BASF XPO’s. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Chemical Logistics market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
DAMCO (United States), Broekman Logistics (The Netherlands), WSI (United States), Odyssey Logistics (United States), DHL (Germany), C.H. Robinson (United States), Rhenus Logistics (Germany) and Agility Logistics (Switzerland) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are BDP International (United States) and Jayem Logistics (India).
Segmentation Overview
AMA Research has segmented the market of Global Chemical Logistics market by and Region.
On the basis of Type, Road Transport are dominating the market in the year 2022On the basis of application, Oil And Gas segment is dominating the market in the year 2022 where as Liquid Chemical segment stood as second largest market .On the basis of geography, the market of Chemical Logistics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2022. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by End User Industry, the sub-segment i.e. Chemical industry will boost the Chemical Logistics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Services, the sub-segment i.e. Transportation and Distribution will boost the Chemical Logistics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Transport, the sub-segment i.e. Road will boost the Chemical Logistics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Digitalization in Chemical Logistics and Increased demand for modernized green warehouses in the chemical industry
Market Growth Drivers:
The Growing Chemical Industry Worldwide, Increasing Demand for Compact and Movable Container Homes, Growth in Population and Urbanization and Scarcity of Housing Units In Developing Economies
Challenges:
Increased Supply Chain Complexity and Need for Robust HVAC Systems in Container Homes for Heating and Cooling the Internal Architecture of Container Homes
Restraints:
High cost of operation and presence of several logistics players, Decaying With a High Risk of Corrosion to Old Containers and Requirement of High Investment
Opportunities:
Focus Toward Adoption of Container Homes across the Globe
Market Leaders and their expansionary development strategies
In April 2022, C. H. The American autonomous driving technology company Robinson and Waymo have entered into a strategic partnership to advance the development of autonomous transportation in supply chains. Waymo's Via autonomous trucks will transport C.H. Robinson's client cargo in several pilots in the coming years. The sharing of expertise and information accelerates the long-term development of autonomous freight transport for customers and freight carriers.
In December, 2022, Quantix, a portfolio business of Wind Point Partners ("Wind Point") and a leading North American provider of supply chain services to the chemical industry, announced the acquisition of Mid-States Packaging. Mid-States is a full-service wholesale transportation, warehousing, and export service provider with 11 locations in Texas, the Northeast, and the Mid-Atlantic. Middle States expands Quantix's regional footprint and expands warehousing and transportation operations.
In the United States, the Department of Transportation (DOT) regulates the transportation of hazardous materials, including chemicals. The Environmental Protection Agency (EPA) sets regulations for the storage, handling, and disposal of hazardous substances. Additionally, the Occupational Safety and Health Administration (OSHA) establishes workplace safety standards.
Key Target Audience
Manufacturers of Chemical, Suppliers of Chemical, Wholesalers, Distributors, and Retailers of Chemical and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.