Asia-Pacific Chemical Warehousing And Storage Market Size and Share

Asia-Pacific Chemical Warehousing And Storage Market Summary
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Asia-Pacific Chemical Warehousing And Storage Market Analysis by Mordor Intelligence

The Asia-Pacific Chemical Warehousing And Storage Market size is estimated at USD 30.33 billion in 2025, and is expected to reach USD 38.77 billion by 2030, at a CAGR of 5.03% during the forecast period (2025-2030).

Robust petrochemical output, a fast-expanding pharmaceutical cold chain, and rising demand for value-added hazardous-goods handling collectively underpin this growth. Operators are racing to digitalise yards and tanks, leverage automated inventory control, and strengthen regional hub networks. Consolidation has intensified service breadth and bargaining power, while policy-driven safety upgrades continue to raise the baseline for compliant facilities across major production economies.

Key Report Takeaways

  • By warehouse type, general warehousing led with 28.66% revenue share in 2024; temperature-controlled chemical warehouses are projected to expand at 9.70% CAGR through 2030.
  • By chemical type, flammable liquids accounted for 39.66% of the Asia Pacific chemical warehousing and storage market share in 2024, while toxic substances storage is poised to rise at 11.20% CAGR over 2025-2030.
  • By end-user industry, basic chemicals manufacturing held 33.66% share of the Asia Pacific chemical warehousing and storage market size in 2024; pharmaceuticals and life sciences exhibit the fastest 10.30% CAGR to 2030.
  • By geography, China captured 35.22% revenue share in 2024; India is forecast to record the quickest 9.10% CAGR between 2025 and 2030.

Segment Analysis

By Warehouse Type: Specialized Capacity Commands Premium Margins

Temperature-controlled facilities are expanding at 9.70% CAGR, outstripping volume-oriented general depots. The Asia-Pacific chemical warehousing and storage market size for temperature-controlled solutions is projected to widen rapidly as GLP-1 drugs and biotech intermediates proliferate. Operators deploy high-density mobile racks, 24/7 data-logged monitoring, and redundant cooling loops to guarantee 2-8 °C stability. Several Japanese firms opened explosion-proof chill stores for lithium battery solvents in 2024-2025. General warehousing retains 28.66% share by offering cost-efficient bulk handling for commodity chemicals, yet margin compression persists as regulatory audits become stricter.

In hazardous-materials categories, purpose-built buildings with blast panels, spill containment, and remote-operated forklifts secure premium rates. Specialists capture clients exiting non-compliant sheds, steering more product volume into accredited hubs. As automation spreads, throughput per square metre rises, reinforcing the competitive moat of technologically advanced facilities within the Asia-Pacific chemical warehousing and storage market.

Asia-Pacific Chemical Warehousing And Storage Market: Market Share by Warehousing Type
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By Chemical Type: Toxic Substances Storage Accelerates

Flammable liquids contributed 39.66% revenue in 2024, anchored by petrochemical and fuels flows. The Asia-Pacific chemical warehousing and storage market share for toxic substances is, however scaling swiftly as pharmaceutical actives and specialty intermediates require inert-gas blanketing and continuous atmospheric monitoring. Growth of 11.20% CAGR reflects both volume gains and higher service fees. Singapore’s addition of long-chain perfluorocarboxylic acids to its regulated list spurred immediate retrofits of segregated bays with dedicated scrubbers.

Corrosives and oxidisers demand acid-proof coatings, ventilation, and strict segregation, sustaining a steady pipeline of retrofit projects. Recent fire incidents, such as the May 2024 blaze in Derrimut involving methanol and kerosene, underline the importance of compliant toxic-substance depots. Enhanced insurer scrutiny further diverts sensitive cargo into certified sites within the Asia-Pacific chemical warehousing and storage market.

Asia-Pacific Chemical Warehousing And Storage Market: Market Share by By Chemical Type
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By End-User Industry: Pharmaceuticals Propel Cold Chain Spending

Basic chemicals manufacturing dominated 33.66% of 2024 turnover through sheer volume of polymer and solvent inventory. Yet pharmaceutical and life-science clients account for the swiftest 10.30% CAGR as biologics pipelines expand. Vaccine centres in Singapore and South Korea increasingly outsource buffer and media storage to third-party depots with 24-hour data feeds and GDP accreditation. The Asia-Pacific chemical warehousing and storage market size for pharma cold chain is therefore on a sharp upward trajectory.

Agrochemical players seek compliant storage for crop-protection actives, while paint and adhesive firms need VOC-controlled rooms. Oil and gas majors still move high tonnage through legacy tank farms, but green-fuel transitions will modify product mixes, shaping the future layout of the Asia-Pacific chemical warehousing and storage market.

Geography Analysis

Asia-Pacific demand clusters remain anchored in China’s coastal petrochemical belts, yet India’s inland logistics parks are catching up fast as multinationals pursue China-plus-one strategies. Well-capitalised Japanese and South Korean players prioritise technology-driven safety upgrades, pursuing underground and vertical depots to overcome land scarcity. ASEAN economies collectively introduce long-lease concessions to raise greenfield capacity, thereby diversifying cargo flows within the Asia-Pacific chemical warehousing and storage market. 

Singapore’s integrated Jurong Island retains hub status by offering deep-water berths, pipeline grids, and shared utilities, though expansion space is now limited and premiums are rising. Malaysia and Vietnam gain prominence through LNG-anchored petrochemical projects that bundle tank farms and downstream conversion units. Australia’s Kwinana Energy Hub highlights the role of renewable fuels in reshaping future storage needs, while emerging Philippine and Indonesian reforms promise gradual alignment with global safety benchmarks. 

Cross-border harmonisation remains uneven, compelling large operators to maintain multi-jurisdictional compliance teams. Nonetheless, ongoing infrastructure build-out across tier-two ports and inland corridors widens market accessibility. The result is a more geographically balanced Asia-Pacific chemical warehousing and storage market that still relies on a handful of mature hubs for high-spec services but increasingly serves growth sectors through distributed regional nodes.

Competitive Landscape

Regional consolidation continues as global logistics giants target specialised liquid-bulk capability. DSV’s EUR 14.3 billion (USD 15.78 billion) purchase of Schenker created an unrivalled network spanning 147,000 staff and amplified chemical logistics depth. Mitsui O.S.K. Lines’ USD 1.715 billion acquisition of LBC Tank Terminals added 3 million m³ of storage across seven sites, reinforcing door-to-door liquid-bulk solutions. 

Digital differentiation is now central. Vopak integrates wireless gauges and AI-driven maintenance platforms to boost asset uptime and safety, while Japan’s Gaussy consortium rolls out robot-as-a-service offerings to smaller depots. Partnerships such as Evonik with Kuehne+Nagel illustrate how manufacturers leverage 3PL expertise to navigate stricter compliance while maintaining lean balance sheets. 

White-space opportunities revolve around temperature-controlled pharma storage, CO₂ sequestration buffers, and multi-commodity automated depots in land-constrained cities. Operators that combine accredited safety regimes, ESG transparency, and next-generation IT stand to outpace traditional generalists in the evolving Asia-Pacific chemical warehousing and storage market.

Asia-Pacific Chemical Warehousing And Storage Industry Leaders

  1. DHL Global Forwarding

  2. Sinotrans

  3. Toll Group

  4. Kuehne + Nagel International AG

  5. Yusen Logistics Co., Ltd. (Part of NYK Line)

  6. *Disclaimer: Major Players sorted in no particular order
Asia-Pacific Chemical Warehousing And Storage Market Concentration
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Recent Industry Developments

  • April 2025: DSV completed its acquisition of DB Schenker for EUR 14.3 billion (USD 15.7 billion), creating the world’s largest logistics company and boosting chemical warehousing reach in Asia-Pacific.
  • April 2025: Shell sold its Singapore Energy and Chemicals Park to CAPGC, realigning regional asset ownership.
  • March 2025: Mitsui O.S.K. Lines agreed to acquire LBC Tank Terminals for USD 1.71 billion, adding seven strategic terminals.
  • January 2025: DHL Express inked a 7.2 million-litre sustainable aviation fuel purchase deal with Cosmo Oil Marketing to decarbonise regional cargo flights.

Table of Contents for Asia-Pacific Chemical Warehousing And Storage Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Outsourcing surge to 3PL chemical specialists
    • 4.2.2 Government-mandated hazardous-goods zoning reforms
    • 4.2.3 BOO/BOT tank-farm projects at greenfield ports
    • 4.2.4 Digitised warehouse-management and IoT tank gauging
    • 4.2.5 LNG-to-chemicals hub investments in emerging ASEAN
    • 4.2.6 Carbon-capture utilisation hubs requiring dedicated CO? storage
  • 4.3 Market Restraints
    • 4.3.1 Land scarcity in coastal industrial corridors
    • 4.3.2 Fragmented & outdated safety codes across jurisdictions
    • 4.3.3 Chronic skilled-labour shortages for hazardous-goods handling
    • 4.3.4 Rising insurance premiums after recent fire/explosion events
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Suppliers
    • 4.7.3 Bargaining Power of Buyers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts (Value, USD Billion)

  • 5.1 By Warehouse Type
    • 5.1.1 General Warehousing
    • 5.1.2 Speciality Chemical Warehouse
    • 5.1.3 Hazardous Materials (HAZMAT) Warehouses
    • 5.1.4 Temperature-Controlled Chemical Warehouses
  • 5.2 By Chemical Type
    • 5.2.1 Flammable Liquids
    • 5.2.2 Corrosives
    • 5.2.3 Toxic Substances
    • 5.2.4 Oxidizers
    • 5.2.5 Others
  • 5.3 By End-user Industry
    • 5.3.1 Basic Chemicals Manufacturing
    • 5.3.2 Specialty Chemicals Manufacturing
    • 5.3.3 Pharmaceuticals & Life Sciences
    • 5.3.4 Agrochemicals
    • 5.3.5 Paints, Coatings & Adhesives
    • 5.3.6 Food & Feed Additives
    • 5.3.7 Oil & Gas / Petrochemicals
    • 5.3.8 Others
  • 5.4 By Country
    • 5.4.1 China
    • 5.4.2 India
    • 5.4.3 Japan
    • 5.4.4 South Korea
    • 5.4.5 Indonesia
    • 5.4.6 Malaysia
    • 5.4.7 Thailand
    • 5.4.8 Vietnam
    • 5.4.9 Philippines
    • 5.4.10 Singapore
    • 5.4.11 Australia
    • 5.4.12 Rest of Asia-Pacific

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products & Services, and Recent Developments)
    • 6.4.1 DHL Group
    • 6.4.2 Sinotrans
    • 6.4.3 Toll Group
    • 6.4.4 Kuehne + Nagel International AG
    • 6.4.5 Yusen Logistics Co., Ltd. (Part of NYK Line)
    • 6.4.6 HOYER Group
    • 6.4.7 C.H. Robinson
    • 6.4.8 DSV
    • 6.4.9 Suttons Group
    • 6.4.10 Nippon Express
    • 6.4.11 Broekman Logistics
    • 6.4.12 CEVA Logistics
    • 6.4.13 Rhenus Logistics
    • 6.4.14 BDP International
    • 6.4.15 Den Hartogh Logistics
    • 6.4.16 Talke Logistics
    • 6.4.17 Kerry Logistics Network Ltd.
    • 6.4.18 United Parcel Service (UPS)
    • 6.4.19 Stolt-Nielsen Ltd.
    • 6.4.20 Aegis Logistics Ltd

7. Market Opportunities & Future Outlook

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Asia-Pacific Chemical Warehousing And Storage Market Report Scope

By Warehouse Type
General Warehousing
Speciality Chemical Warehouse
Hazardous Materials (HAZMAT) Warehouses
Temperature-Controlled Chemical Warehouses
By Chemical Type
Flammable Liquids
Corrosives
Toxic Substances
Oxidizers
Others
By End-user Industry
Basic Chemicals Manufacturing
Specialty Chemicals Manufacturing
Pharmaceuticals & Life Sciences
Agrochemicals
Paints, Coatings & Adhesives
Food & Feed Additives
Oil & Gas / Petrochemicals
Others
By Country
China
India
Japan
South Korea
Indonesia
Malaysia
Thailand
Vietnam
Philippines
Singapore
Australia
Rest of Asia-Pacific
By Warehouse Type General Warehousing
Speciality Chemical Warehouse
Hazardous Materials (HAZMAT) Warehouses
Temperature-Controlled Chemical Warehouses
By Chemical Type Flammable Liquids
Corrosives
Toxic Substances
Oxidizers
Others
By End-user Industry Basic Chemicals Manufacturing
Specialty Chemicals Manufacturing
Pharmaceuticals & Life Sciences
Agrochemicals
Paints, Coatings & Adhesives
Food & Feed Additives
Oil & Gas / Petrochemicals
Others
By Country China
India
Japan
South Korea
Indonesia
Malaysia
Thailand
Vietnam
Philippines
Singapore
Australia
Rest of Asia-Pacific
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Key Questions Answered in the Report

What is the current value of the Asia Pacific chemical warehousing and storage market?

The market is valued at USD 30.33 billion in 2025.

Which country holds the largest share of regional capacity?

China leads with 35.22% share, supported by extensive petrochemical infrastructure.

Which warehouse type is growing the fastest?

Temperature-controlled chemical warehouses are expanding at a 9.70% CAGR to 2030.

Why is toxic substances storage gaining momentum?

Stricter safety rules and rising pharmaceutical output require specialised containment, driving 11.20% CAGR in this segment.

How are operators addressing land scarcity in coastal hubs?

Firms deploy multi-storey, underground, and automated solutions and may relocate to inland zones to mitigate space constraints.

What digital tools are most impactful for depot efficiency?

IoT tank gauging and integrated warehouse-management platforms enable real-time monitoring, predictive maintenance, and regulatory reporting, boosting uptime and safety.

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