Global Chemical Logistics Market

Chemical Logistics Market Size, Share, Growth Analysis, By Services, By Transportation, By End Use, By Region - Industry Forecast 2025-2032

Report ID: SQMIG20R2049 | Region: Global | Published Date: December, 2024
Pages: 178 | Tables: 99 | Figures: 71

Chemical Logistics Market News

  • December 2022: Mid-States Packaging has been acquired by Quantix, a portfolio company of Wind Point Partners ("Wind Point") and the leading provider of supply chain services to the chemical industry in North America. With 11 locations across Texas, the Northeast and the Mid-Atlantic, Mid-States is a full-service supplier of dry bulk transportation, warehousing and export services. Mid-States further expands Quantix's trucking and warehousing operations while adding strength to its regional presence.
  • April 2022: C.H. Robinson and Waymo, an American autonomous driving technology startup, announce a strategic collaboration aimed at accelerating the development of autonomous trucks for supply chains. Waymo Via driverless trucks will carry the freight of customers of the company over the next several years through multiple test projects. Information sharing and expertise will support long-term growth in autonomous freight transportation for carriers and consumers alike.
  • July 2021: Aegis Logistics and Royal Vopak of the Netherlands will establish a joint venture to be called Aegis Vopak Terminals (AVTL) with a focus on growth, in joint ventures, in the LPG, chemical storage, and handling industry. The new alliance will operate a chain of terminals currently located in five key ports on India's east and west coast. The alliance will become one of the largest independent storage firms for chemicals and LPG in India with a combined capacity of nearly 9,60,000 cubic meters.
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Chemical Logistics Market size was valued at USD 295.66 Billion in 2023 and is poised to grow from USD 307.19 Billion in 2024 to USD 417.2 Billion by 2032, growing at a CAGR of 3.9% during the forecast period (2025-2032).

Major International Logistics Providers and specialist chemical logistics firms, along with local ones, are characterizing the chemical logistics competition. More investment is being made in the areas of digital technology, automation, and green logistics by the businesses to keep themselves competitive. In addition, strategic alliances, mergers, and acquisitions are common, and businesses focus on establishing a better and wider service portfolio. 'C.H. Robinson (United States) ', 'GEODIS (France) ', 'Brenntag (Germany) ', 'Kuehne + Nagel (Switzerland) ', 'Maersk Logistics (Denmark) ', 'UPS Supply Chain Solutions (United States) ', 'XPO Logistics (United States) ', 'Rhenus Logistics (Germany) ', 'Sinotrans (China) ', 'DB Schenker (Germany) ', 'DHL Global Forwarding (Germany) ', 'FedEx (United States) ', 'Leschaco (Germany) ', 'A&R Logistics (United States) ', 'Agility (Kuwait) ', 'BDP International (United States) ', 'BDtrans (United States) ', 'DSV (Denmark) ', 'Dimerco (Taiwan) ', 'Hellmann Worldwide Logistics (Germany)'

One of the strong drivers in the chemical logistics industry is the rising demand for chemicals in a variety of industries in energy, automotive, pharmaceuticals, and agriculture. Companies expanding across borders increasingly require efficient chemical distribution, storage, and transportation. Chemical logistics proves significant in upholding the integrity of supply chains, ensuring timely delivery, and in aiding manufacturing processes across different sectors.

Using Green Logistics Solutions: Sustainability is gradually becoming one of the new trends in the chemical logistics market. The carbon footprint of all storage and transportation activities will have to be decreased. It is not easy to have green logistics but involves several steps such as studying alternative fuel, optimization of fuel consumption, and utilization of electric or hybrid vehicles. With increasingly stringent governmental and customer pressure for ecological friendliness, eco-friendly supply chain solutions, energy-saving warehouses, and sustainable packaging are on an upsurge.

North America dominates the chemical logistics market. One of the world's largest chemical companies is headquartered in the United States. North America has also got an extensive infrastructure network associated with manufacturing, distribution, and transporting chemicals. It has highly developed networks of logistics, comprising advanced warehouse facilities, an impressive road, rail, and port network. Furthermore, North America leads the chemical logistics industry with regard to innovation, compliance with regulations, and the factors of safety in dealing with hazardous chemicals. Its market leadership also arises from the massive presence of large chemical companies and the incessant growth of the shale oil and gas industry.

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Global Chemical Logistics Market

Report ID: SQMIG20R2049

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