Chemical Logistics Market Size - Forecast and Analysis 2023-2027
The chemical logistics market is predicted to grow at a CAGR of 3.65% during the forecast period 2022-2027 by Technavio data and research experts. This market research report also predicts the statistics about the market size growth that will grow by USD 53.66 billion. There are several major factors that directly influence the chemical logistics market growth such as growing chemical industry, growing usage of multimodal transportation in the chemical logistics, and enhancing port infrastructure to reduce dwelling time of the vessels at ports.
The predicted growth momentum seems incremental thus gives a positive outlook for the market as well as its respective investors. Consequently, such market conditions will further reinforce the position of vendors in the market.
Our researchers provide the major statistical predictions about some key market drivers via thorough data and information analysis. One of these market drivers is the growing chemical industry that is helpful in the chemical logistics market growth. Although there are other factors such as costly operations and the capital-intensive business may affect the market growth negatively.
In addition, there are some key vendors operating in the market, listed below:
- Agility Public Warehousing Co. K.S.C.P
- Deutsche Post AG
- BASF SE
- CT Logistics
- CMA CGM SA
- CSX Corp.
- BRENNTAG SE
- C H Robinson Worldwide Inc.
- Deutsche Bahn AG
The precisely illustrated statistical data consists of some key market information and analysis to get a better understanding of specific business requirement. Technavio, also has the subscription platform having an instant lifetime access to the 17,000+ market reports and the world-class market intelligence at customized plans and rates.
