Global Chemical Logistics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Chemical Logistics Market is Segmented by Service (Transportation, Warehousing, Customs & Security, Green Logistics, Consulting & Management Services, and Others), by Mode of Transportation (Roadways, Railways, Airways, Waterways, Pipelines), by End User (Pharmaceutical Industry, Cosmetic Industry, Oil and Gas Industry, Specialty Chemicals Industry, and Other End-Users), and by Geography (North America, Asia-Pacific, Europe, Middle East and Africa, and South America). The Report Offers Market Size and Forecast for Global Chemical Logistics Market in Value (USD Billion) for all the Above Segments.

Chemical Logistics Market Size

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Chemical Logistics Market Summary
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Study Period 2020 - 2029
Base Year For Estimation 2023
CAGR (2024 - 2029) > 4.00 %
Fastest Growing Market Middle East and Africa
Largest Market Asia-Pacific
Market Concentration Low

Major Players

Chemical Logistics Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Chemical Logistics Market Analysis

The Global Chemical Logistics Market is expected to register a CAGR of greater than 4% during the forecast period.

The Global Chemical Logistics Market market is expected to register a CAGR of over 4% during the forecast period of 2023-2028.

  • There has been a huge increase in demand for the manufacture of different chemicals in recent years. The growth in demand for shale gas to be utilized as a feedstock in the energy industry has raised the requirement for shale gas transportation. Chemical transportation should be handled with caution since any unforeseeable incident might result in major environmental problems. As a result, rising chemical demand and the requirement for safe transportation are some of the factors expected to fuel the growth of the chemical logistics market.
  • The surge in chemical manufacturing is projected to move the chemical logistics industry forward. An expansion in chemical production to feed diverse sectors like food production, pharmaceutical manufacture, vehicle manufacturing, and engineering leads to an increase in the demand for safe areas of transportation and distribution services. Chemical volumes in the United States, for example, climbed by 1.4% in 2021 and 3.2% in 2022, according to the American Chemistry Council, while shipments increased by 8.1% in 2021 and 8.2% in 2022. Furthermore, the government of India estimates that India's chemical sector (including fertilizers and pharmaceuticals) would rise by 18-23% in FY2022.
  • Partnerships and collaborations are being formed by major companies in the chemical logistics industry in order to generate novel and technologically improved goods. For example, Arkema S.A., a specialized chemicals and advanced materials firm, will collaborate with Swiss trade tech pioneer Nexxiot in July 2021 to digitize Arkema's Isotank (Tank Container) and rail freight wagon fleets utilizing Nexxiot's cutting-edge IoT devices and intelligent cloud platform. This collaboration would offer Arkema clients with end-to-end insight, allowing them to raise quality standards and change the entire service experience. Furthermore, Agility Logistics, a Kuwait-based logistics company, will join with Shipa, a US-based digital logistics platform, to build a bonded, expedited road freight network that will link companies and consumers across the GCC in February 2021. This collaboration would result in a new service offering customers less-than-truckload (LTL) and full truckload (FTL) alternatives and a rapid, cost-effective way to export parcels, pallets, or goods containers.
  • The rising need for chemicals in various industry verticals such as the chemical industry, pharmaceutical industry, cosmetic industry, oil & gas industry, specialty chemicals industry, food, and others is expected to drive market expansion. Furthermore, the intricacy with which the makers convey the chemicals to their target via roads, railroads, sea, and others is managed with greatest care, and this feature will help to market growth. Furthermore, governments throughout the world are investing considerably in innovative and modern chemical logistics systems in order to avert catastrophes. As a result, all of these variables will contribute favorably to the growth of the chemical logistics industry.

Chemical Logistics Market Trends

 Chemical Sector Significant Expansion Driving the market

In 2021, Asia Pacific was the largest region in the chemicals market. North America was the chemicals market's second-largest region. According to a year-end study from the American Chemistry Council, the US chemical sector turned around in 2021, reporting 1.4% rise in production volume, excluding pharmaceuticals, compared to a 3.5% drop in 2020. To reduce the environmental effect of chemical manufacture, chemical industries are progressively embracing sustainable and eco-friendly procedures. Chemical businesses may now make chemical goods using alternative fuels because of advancements in technology and chemical sciences. They are producing fuels, industrial goods, and other chemicals from naturally occurring carbon dioxide. For example, Akzo Nobel N.V., a chemicals and coatings behemoth, is considering a seven-figure investment in Green Lizard Technologies' patented technology for producing surfactants from plants rather than oils.

Significant investments in infrastructure and mergers and acquisitions have been done to expand the global logistics sector in the chemicals industry. In the Middle East region, energy giant Aramco is undertaking two big projects in Saudi Arabia - First is a crude oil-to-chemicals (CTC) project in Yanbu to produce 9 million tonnes/year of chemicals and base oils by 2025. The second massive project is the Amiral 1.5 million tonnes/year joint venture project with France, which is slated to start in 2024 in Jubail.

Chemical Logistics Market - Total revenue of the chemical industry worldwide, in billion USD, 2011 to 2021

APAC Region Leads the Global Chemical Industry

In terms of market share, Asia Pacific is predicted to lead the chemical logistics industry. The presence of rising economies in this area, such as India and China, is a prominent driver driving market expansion. The entire Southeast Asia region is the emerging economy hotspot in the Asia Pacific. Also, India is a global leader in chemical exports and imports, ranking 14th in exports and eighth in imports. While chemicals will remain a global industry, with China as its biggest single market. The developing countries are constantly focusing on the manufacturing sector and constructing robust warehouse infrastructures, which is expected to fuel the expansion of the chemical logistics industry. 

Rhenus India, for example, will extend its warehouse space across India to 2.2 million square feet on October 4, 2021, strengthening its capabilities in assisting the chemical industry. The PCB (Pollution Control Board)-approved plant will act as the primary Rhenus distribution hub for chemical clients throughout South India, with strong access to Chennai's main ports as well as important industrial and car centers. Furthermore, The sector's ongoing growth necessitates the addition of new capacity in terms of transportation and warehousing. Invest India, for example, predicts that demand for chemical goods would rise by around 9% each year through 2025.

Chemical Logistics Market - Share of global chemical industry revenue, in %, Asia, 2015 to 2021

Chemical Logistics Industry Overview

There are multiple big and small players in the global chemical logistics market. The sector is highly fragmented. The sector has been observing many innovative and digital trends in recent years, like adopting big data analytics and IoT technologies to further fuel the growth of the chemical logistics industry. Some of the major players are A&R Logistics, Agility Logistics, Al-Futtaim Logistics, C.H. Robinson, and BDP International, Inc.

Big firms such as BASF and Agility Logistics are investing heavily to stand out in the fiercely competitive market. For instance, in April 2021, Chinese state-owned firms Sinochem and ChemChina merged with approval from the state-owned assets supervision and administration commission (SASAC). A new, unnamed entity wholly owned by Sasac will be created, with the Sinochem and ChemChina groups as two separate subsidies. It gives the companies the flexibility to share oil trading and refining expertise to maximize margins in a competitive market.

Chemical Logistics Market Leaders

  1. A&R Logistics

  2. Agility Logistics

  3. Al-Futtaim Logistics

  4. C.H. Robinson

  5. BDP International, Inc.

*Disclaimer: Major Players sorted in no particular order

Chemical Logistics Market Concentration
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Chemical Logistics Market News

December, 2022: Quantix, a portfolio business of Wind Point Partners ("Wind Point") and North America's premier chemical industry supply chain services provider, announced the purchase of Mid-States Packaging. Mid-States is a full-service dry bulk transportation, warehousing, and export services provider with 11 facilities in Texas, the Northeast, and the Mid-Atlantic. Mid-States expands Quantix's regional footprint and expands its warehouse and trucking transportation activities.

April, 2022: C.H. Robinson and Waymo, an American autonomous driving technology company enter a strategic partnership to advance the development of autonomous trucking for supply chains. Waymo Via's autonomous trucks to haul C.H. Robinson customer freight in several pilots over the coming years. Expertise and knowledge sharing to spur the long-term development of autonomous freight transportation for customers and carriers.

July, 2021: Aegis Logistics and Royal Vopak of the Netherlands will form a joint venture (JV) - Aegis Vopak Terminals (AVTL), with the aim to grow together in the LPG, chemicals storage, and handling business. The new partnership will operate a network of terminals that are currently located in five strategic ports along the east and west coast of India. With a total capacity of around 9,60,000 cubic metre, the partnership will become one of the largest independent tank storage companies for LPG and chemicals in India.

Chemical Logistics Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

    1. 2.1 Analysis Methodology

    2. 2.2 Research Phases

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS AND DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints/Challenges

    4. 4.4 Market Opportunities

    5. 4.5 Value Chain/Supply Chain Analysis

    6. 4.6 Porter's Five Forces Analysis

      1. 4.6.1 Threat of New Entrants

      2. 4.6.2 Bargaining Power of Buyers/Consumers

      3. 4.6.3 Bargaining Power of Suppliers

      4. 4.6.4 Threat of Substitute Products

      5. 4.6.5 Intensity of Competitive Rivalry

    7. 4.7 Technological Innovations in the industry

    8. 4.8 Government Initiatives to Attract Investment in the Industry

    9. 4.9 Insights into the 3PL Market (Market Size and Forecast)

    10. 4.10 Impact of COVID - 19 on the Industry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Service

      1. 5.1.1 Transportation

      2. 5.1.2 Warehousing, Distribution, and Inventory Management

      3. 5.1.3 Consulting & Management Services

      4. 5.1.4 Customs & Security

      5. 5.1.5 Green Logistics

      6. 5.1.6 Others

    2. 5.2 By Mode of Transportation

      1. 5.2.1 Roadways

      2. 5.2.2 Railways

      3. 5.2.3 Airways

      4. 5.2.4 Waterways

      5. 5.2.5 Pipelines

    3. 5.3 By End User

      1. 5.3.1 Pharmaceutical Industry

      2. 5.3.2 Cosmetic Industry

      3. 5.3.3 Oil and Gas Industry

      4. 5.3.4 Specialty Chemicals Industry

      5. 5.3.5 Other End Users

    4. 5.4 By Geography

      1. 5.4.1 North America

        1. 5.4.1.1 United States

        2. 5.4.1.2 Canada

        3. 5.4.1.3 Mexico

      2. 5.4.2 Europe

        1. 5.4.2.1 Germany

        2. 5.4.2.2 France

        3. 5.4.2.3 United Kingdom

        4. 5.4.2.4 Italy

        5. 5.4.2.5 Spain

        6. 5.4.2.6 Russia

        7. 5.4.2.7 Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. 5.4.3.1 China

        2. 5.4.3.2 Japan

        3. 5.4.3.3 India

        4. 5.4.3.4 Bangladesh

        5. 5.4.3.5 Turkey

        6. 5.4.3.6 South Korea

        7. 5.4.3.7 Australia

        8. 5.4.3.8 Indonesia

        9. 5.4.3.9 Rest of Asia-Pacific

      4. 5.4.4 Middle East & Africa

        1. 5.4.4.1 Egypt

        2. 5.4.4.2 South Africa

        3. 5.4.4.3 Saudi Arabia

        4. 5.4.4.4 Rest of Middle East & Africa

      5. 5.4.5 South America

        1. 5.4.5.1 Brazil

        2. 5.4.5.2 Argentina

        3. 5.4.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Overview (Market Concentration Analysis and Major Player)

    2. 6.2 Company Profiles

      1. 6.2.1 C.H. Robinson

      2. 6.2.2 A&R Logistics

      3. 6.2.3 BDP International

      4. 6.2.4 Agility Logistics

      5. 6.2.5 Al-Futtaim Logistics

      6. 6.2.6 DHL

      7. 6.2.7 Rhenus Logistics

      8. 6.2.8 Montreal Chemical Logistics

      9. 6.2.9 CEVA Logistics

      10. 6.2.10 Petochem Middle East*

    3. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. APPENDIX

    1. 8.1 GDP Distribution, by Activity

    2. 8.2 Insights on Capital Flows

    3. 8.3 Economic Statistics-Transport and Storage Sector, Contribution to Economy

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Chemical Logistics Industry Segmentation

The Chemical logistics industry comprises the transportation of products, the majority of which require special care in handling and storage to prevent hazards like combustion, contamination, and spillage. Transportation of dangerous goods like inflammable liquids is an important part of global chemical logistics.

The Global Chemical Logistics Market is segmented by Service (Transportation, Warehousing, Customs & Security, Green Logistics, Consulting & Management Services, and Others), by Mode of Transportation (Roadways, Railways, Airways, Waterways, Pipelines), by End User (Pharmaceutical Industry, Cosmetic Industry, Oil and Gas Industry, Specialty Chemicals industry, and Other End-users), and by Geography (North America, Asia-Pacific, Europe, Middle-East and Africa, and South America).

The report offers market size and forecast for Global Chemical Logistics Market in value (USD Billion) for all the above segments. The report also covers the impact of COVID-19 on the market.

By Service
Transportation
Warehousing, Distribution, and Inventory Management
Consulting & Management Services
Customs & Security
Green Logistics
Others
By Mode of Transportation
Roadways
Railways
Airways
Waterways
Pipelines
By End User
Pharmaceutical Industry
Cosmetic Industry
Oil and Gas Industry
Specialty Chemicals Industry
Other End Users
By Geography
North America
United States
Canada
Mexico
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
Bangladesh
Turkey
South Korea
Australia
Indonesia
Rest of Asia-Pacific
Middle East & Africa
Egypt
South Africa
Saudi Arabia
Rest of Middle East & Africa
South America
Brazil
Argentina
Rest of South America
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Chemical Logistics Market Research FAQs

The Global Chemical Logistics Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)

A&R Logistics, Agility Logistics, Al-Futtaim Logistics, C.H. Robinson and BDP International, Inc. are the major companies operating in the Global Chemical Logistics Market.

Middle East and Africa is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the Asia-Pacific accounts for the largest market share in Global Chemical Logistics Market.

The report covers the Global Chemical Logistics Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Global Chemical Logistics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

The latest trends in the Chemical Logistics Market are a) Growing focus on implementing robust safety measures and ensuring compliance with regulations in the chemical logistics sector b) Adopting digital technologies for enhanced visibility, real-time tracking, and efficient supply chain management

Global Chemical Logistics Industry Report

The global chemical logistics market, essential to various industries such as plastics processing, pharmaceuticals, food production, and automobile manufacturing, has experienced significant growth due to the rise in chemical production and safety concerns for the transportation, storage, and distribution of dangerous chemicals. However, this growth has been hindered by complexities in chemical logistics, safety concerns, and poor infrastructure, which has led to unpredictable supply chain challenges including OEM shutdowns, labor shortages, output reduction, and raw material shortages. Despite these challenges, the rise of tech-driven logistics services and the growth in the adoption of IoT-enabled connected devices offer remarkable growth opportunities. The market is segmented into modes of transportation, services, end-use industries, and regions, with the airways and green logistics segments projected as the most lucrative. Mordor Intelligence™ Industry Reports provide statistics for the Global Chemical Logistics market share, size, and revenue growth rate, including a market forecast outlook and a historical overview. Get a sample of this industry analysis as a free report PDF download.

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Global Chemical Logistics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)