Industry Overview of the Chemical Logistic Market
An essential component of the chemical business is a safe and dependable logistics infrastructure. The chemical industry’s production and consumption regions are largely distinct from one another. Therefore, the development of the chemical industries’ markets must be effective, competitive, and sustainable. Chemical logistics typically offer creative services to quickly and effectively respond to market changes; they are responsive, flexible, and adaptable. Over time, the global chemical logistics market has benefited from the expanding chemical industry and the relocation of chemical manufacturing from its traditional centers to the growing nations of the Asia Pacific and the Middle East. The need for a structured upstream and downstream chemical logistic supply chain has increased as a result of the rising infrastructure, the creation of new industrial locations, and the rapid urbanization of Asia Pacific’s developing nations.
The chemical logistics market is approaching maturity in developed regions, and growth is primarily anticipated from newly developed oil and gas production sites like Appaloosa oilfield, Big Foot oilfield (Gulf of Mexico), and Baldpate in North America, and Cawdor offshore oil fields, Byla oil field, and Statfjord field in Europe. The global chemical logistics market can be divided into pipeline transport, rail transport, road transport, intermodal transport, sea transport, and barges based on the many types of logistic services available. In 2013, the chemical logistic supply chain based on sea and land transportation seized the highest market share. The chemical logistics segment based on sea transportation is anticipated to increase at the highest rate throughout the anticipated period.
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The market for chemical logistics has grown as a result of the trend toward hybrid business models, notably as a result of several mergers and accusation activities involving the chemical industries. Additionally, the growing concentration of the chemical industry in Asia-Pacific has altered the pattern of international trade and created new opportunities for supply chain management from suppliers through manufacturers to consumers. The expansion in the area of cross-functional supply chain management systems is giving the chemical logistics market new prospects.
Important aspects of this paper
- Challenges, constraints, and factors influencing the dynamics of the chemical logistics market
- Recent developments and significant industry events
- analysis of the biggest players’ business plans
- Estimates and projections for the chemical logistics market (2015 -2021)
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Important regions assessed in this report include:
- North America
- U.S
- Canada
- Europe
- France, Germany, Italy, Spain, and the UK
- Eastern Europe
- CIS
- APAC
- China
- India
- Japan
- Australia
- Others
- Latin America
- Argentina
- Brazil
- Others
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Some of the Major companies operating in the market are as follows:
- BASF, Dow,
- INEOS,
- ABIC,
- DB Schenker,
- Norbert Dentressangle,
- Dupre,
- Brenntag,
- Univar,
- SX,
- Schneider National Inc
- BDP International
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