LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global chemical logistics market size and it is poised to grow by USD 24.73 billion during 2020-2024, progressing at a CAGR of over 14% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
Frequently Asked Questions-
- What was the value of the chemical logistics market in 2019?
A. Technavio says that the value of market was at USD 25.98 billion in 2019 and is projected to reach USD 50.71 billion by 2024. - At what rate is the market projected to grow during the forecast period 2020-2024?
A. The market will grow at a CAGR of over 14% during the forecast period of 2020-2024. - What is the key factor driving the market?
A. The growth of the chemical industry will propel the growth of the market. - Who are the top players in the market?
A. Agility Public Warehousing Co. KSCP, BDP International Inc., C.H. Robinson Worldwide Inc., CEVA Logistics AG, Deutsche Post AG, DSV Panalpina AS, FedEx Corp., Schenker AG, Schneider National Inc., and Univar Inc. are some of the major market participants - Which region is expected to hold the highest market share in the market?
A. APAC region - Based on segmentation by service, which segment is expected to witness the fastest growth in the global market?
A. The transportation segment will grow at a faster rate.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Agility Public Warehousing Co. KSCP, BDP International Inc., C.H. Robinson Worldwide Inc., CEVA Logistics AG, Deutsche Post AG, DSV Panalpina AS, FedEx Corp., Schenker AG, Schneider National Inc., and Univar Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The growth of the chemical industry has been instrumental in driving the growth of the market. However, the high cost of operation and presence of several logistics players in the market might hamper the market growth.
Chemical Logistics Market 2020-2024: Segmentation
Chemical logistics market is segmented as below:
- Service
- Transportation
- Warehousing
- Others
- Geographic Landscape
- South America
- MEA
- Europe
- North America
- APAC
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Chemical Logistics Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our chemical logistics market report covers the following areas:
- Chemical logistics market size
- Chemical logistics market trends
- Chemical logistics market industry analysis
This study identifies the increased demand for modernized green warehouses in the chemical industry as one of the prime reasons driving the chemical logistics market growth during the next few years.
Chemical logistics market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the chemical logistics market, including some of the vendors such as Agility Public Warehousing Co. KSCP, BDP International Inc., C.H. Robinson Worldwide Inc., CEVA Logistics AG, Deutsche Post AG, DSV Panalpina AS, FedEx Corp., Schenker AG, Schneider National Inc., and Univar Inc. Backed with competitive intelligence and benchmarking, our research reports on the chemical logistics market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Chemical Logistics Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist chemical logistics market growth during the next five years
- Estimation of the chemical logistics market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the chemical logistics market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of chemical logistics market vendors
Table of Contents:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Service
- Market segments
- Comparison by Service placement
- Transportation - Market size and forecast 2019-2024
- Warehousing - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Service
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher-priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Agility Public Warehousing Co. KSCP
- BDP International Inc.
- C.H. Robinson Worldwide, Inc.
- CEVA Logistics AG
- Deutsche Post AG
- DSV Panalpina AS
- FedEx Corp.
- Schenker AG
- Schneider National Inc.
- Univar Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
- Exhibits
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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