Technavio has been monitoring the chemical logistics market 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.
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Technavio has announced its latest market research report titled Global Chemical Logistics Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions:
- Based on segmentation by service, which is the leading segment in the market?
Transportation. - What are the major trends in the market?
Increased demand for modernized green warehouses in the chemical industry. - At what rate is the market projected to grow?
The market is projected to grow at a CAGR of over 14% during 2020-2024. - Who are the top players in the market?
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 the top players in the market. - What are the key market drivers and challenges?
The market is driven by the growth of the chemical industry. However, the high cost of operation and the presence of several logistics players in the market increase competition might hamper the market growth.
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. The growth of the chemical industry will offer immense growth opportunities. To make 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.
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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. The 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.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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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
- Overview
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200904005089/en/
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