According to the latest report by IMARC Group, titled “Chemical Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global chemical logistics market is expected to exhibit moderate growth during 2021-2026. Looking forward, IMARC Group expects the global chemical logistics market to grow at a CAGR of around 6% during 2021-2026. Chemical logistics include various services that aid in transporting raw materials and final products pertaining to the chemical industry to numerous consumer centers and companies. These services aid in closely monitoring procurement while planning and implementing various supply chain-related activities. They offer comprehensive value-added solutions, along with proper management of resource procurement, material flow, distribution services, and warehouse and storage. They ensure special care in handling, transporting, and storing chemical goods to prevent safety hazards, including combustion, contamination, and spoilage. They also assist in the transportation of hazardous substances with or without temperature controls while complying with safety standards. Apart from this, carrier management, employee training courses and long-term quality checks form essential components of the logistics system.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global Chemical Logistics Market Trends:

The global market is primarily driven by significant growth in the chemical industry. A reliable and efficient logistics system is the most crucial component of the industry as they enable easy adaptation to the continually evolving market changes and trends. This, in turn, creates a need for efficient chemical logistics solutions, which is creating a positive outlook for the market. Apart from this, there has been an increasing requirement for modernized green warehouses in order to run sustainable business operations efficiently. This is supported by the enhanced focus on sustainable development and the growing concerns for energy conservation. Furthermore, the market is driven by the growing preference for automation across the chemical industry, including its logistics operations. As a result, several players are adopting smart technology and digital tools to facilitate functions with enhanced efficiency, productivity and convenience. They are continually integrating their systems with robotics, smart sensors and the Internet of Things (IoT) to streamline the overall supply chain processes, which is expected to drive the market further. Some of the other factors contributing to the market growth include rising concerns regarding product security and safety in the chemical industry and extensive research and development (R&D).

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Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Agility Public Warehousing Co., BDP International Inc., C.H. Robinson Worldwide Inc., DB Schenker, DHL Group, DSV Panalpina AS, FedEx Corp., Montreal Chemical Logistics, Schneider National Inc., Univar Inc., etc.

Breakup by Type:

  • Rail
  • Road
  • Pipeline
  • Sea
  • Others

Breakup by Service:

  • Transportation
  • Warehousing
  • Others

Breakup by Region:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Key highlights of the Report:

  • Market Performance
  • Market Outlook
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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