Global Chemical Logistics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022-2027)

Global Chemical Logistics Market is segmented by Service (Transportation, Warehousing, and Other Value-added Services), By End User (Pharmaceutical Industry, Cosmetic Industry, Oil and Gas Industry, Specialty Chemicals industry, and Other End-users), and by Country (North America, Latin America, Africa & Middle East, Europe, and Asia-Pacific).

Market Snapshot

Chemical Logistics Market Size
Study Period: 2018-2027
Base Year: 2021
Largest Market: Asia-Pacific
CAGR: >4 %

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Market Overview

The global chemical logistics market is expected to register a CAGR of approximately 4% during the forecast period (2022-2027).

The global chemicals industry is a complex and important part of the global economy and supply chain network. The production of chemicals involves converting raw materials such as fossil fuels, water, minerals, metals, and so on into tens of thousands of products that are central to modern life as we know it. The chemical logistics sector is mainly segmented into three areas by service- transportation, warehousing, and other value-added services, for example, deliveries.

Because of the effects of COVID-19, global chemical production declined by 3.3% in March 2020 and a further 1.3% in April 2020. By August 2020, production increased by 2.7% compared to the previous month. Among all of the world's regions, Asia Pacific's March decrease was the largest, at 5.4%. In April 2020, India had the largest monthly production decrease of any country in the world, at 15.9% that month. Several European countries also had among the largest production decreases that month.

In 2020, the chemical industry’s total worldwide revenue stood at some USD 3.82 trillion. Chemical industry revenues reached a record high in 2018, at a total of USD 4.15 trillion worldwide. In 2020, the total value of chemical shipments worldwide stood at some USD 3.8 trillion. Asia-Pacific accounted for the high number (USD 2.07 trillion) of domestic chemical sales worldwide in 2020. Europe was the largest importer of chemicals worldwide in 2020, importing USD 551.9 billion of chemicals. It was also the largest importer, importing USD 532 billion worth of chemicals in the same year. China was the world's leading chemical exporting country in 2020, with exports amounting to a value of some USD 72 billion.

Scope of the Report

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, end-user, and by country. By service, the market is segmented into transportation, warehousing, distribution and inventory management, and other value-added services. By end-user, the market is segmented into the pharmaceutical industry, cosmetic industry, oil & gas industry, specialty chemicals industry, and other end-users. By country, the market is segmented into North America, Latin America, Africa & Middle East, Europe, and the Asia Pacific.

By Service
Warehousing, Distribution, and Inventory Management
Other Value-Added Services
By End User
Pharmaceutical Industry
Cosmetic Industry
Oil and Gas Industry
Specialty Chemicals Industry
Other End Users
By Country
North America
United States
Latin America
Rest of the countries
Africa & Middle East
United Arab Emirates
Saudi Arabia
Rest of the countries
United Kingdom
Rest of the countries
Rest of the countries

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Key Market Trends

APAC Region Leads the Global Chemical Industry

Asia Pacific region is the largest chemical logistics market in the world regionally and continues to hold a major share in the global chemicals market. It has been dominating this sector since 2012 and accounts for more than 58.6% of the market share in 2020. The entire Southeast Asia region is the emerging economy hotspot in the Asia Pacific. While chemicals will remain a global industry, with China as its biggest single market. China was the world's largest chemical market based on revenue in the year 2020, at EUR 2.06 trillion.

In 2020, domestic chemical sales in the Asia-Pacific region were worth some USD 2.07 trillion. The consumption of chemical products was worth some EUR 2.25 trillion in Asia. The chemical consumption in China came to EUR 1.59 trillion in 2020. The Asian region is promising and is expected to have further growth because of the growing infrastructure and the development of new industrial locations.

Chemical Logistics Market Trends

Increase in the Capital Investments in Infrastructure by Chemical Giants

Significant investments in the 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.

In 2020 BASF, a German chemical logistics company, generated a revenue of around EUR 59.15 billion. Furthermore, the market is now driven by the growing preference for automation across the chemical industry, including its logistics operations. As a result, several players are adopting smart technology and digital tools to facilitate functions with enhanced efficiency, productivity, and convenience. They are continually integrating their systems with robotics, smart sensors, and the Internet of Things (IoT) to streamline the overall supply chain processes, which is expected to drive the market further.

Chemical Logistics Market Forecast

Competitive Landscape

There are multiple big and small players in the global chemical logistics market. The sector is highly fragmented. Asia Pacific region was the largest market for chemical logistics in 2020 in terms of revenue, with China as the leader in exports. The Latin American region is also showing fast growth in the chemical logistics segment. 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. Big firms such as BASF and Agility Logistics are investing heavily to stand out in the fiercely competitive market.

Recent Developments

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,

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.

Table of Contents


    1. 1.1 Study Assumptions

    2. 1.2 Scope of the study


    1. 2.1 Analysis Methodology

    2. 2.2 Research Phases



    1. 4.1 Market Overview

    2. 4.2 Technological Trends

    3. 4.3 Government Regulations and Initiatives- Key countries

    4. 4.4 Investment Scenarios

    5. 4.5 Insights into the 3PL Market (Market Size and Forecast)

    6. 4.6 Industry Value Chain/Supply Chain Analysis

    7. 4.7 Impact of COVID-19 on the Chemical Logistics Market


    1. 5.1 Market Drivers

    2. 5.2 Market Restraints

    3. 5.3 Market Opportunities

    4. 5.4 Porter's Five Forces Analysis


    1. 6.1 By Service

      1. 6.1.1 Transportation

      2. 6.1.2 Warehousing, Distribution, and Inventory Management

      3. 6.1.3 Other Value-Added Services

    2. 6.2 By End User

      1. 6.2.1 Pharmaceutical Industry

      2. 6.2.2 Cosmetic Industry

      3. 6.2.3 Oil and Gas Industry

      4. 6.2.4 Specialty Chemicals Industry

      5. 6.2.5 Other End Users

    3. 6.3 By Country

      1. 6.3.1 North America

        1. United States

        2. Canada

        3. Mexico

      2. 6.3.2 Latin America

        1. Brazil

        2. Argentina

        3. Rest of the countries

      3. 6.3.3 Africa & Middle East

        1. United Arab Emirates

        2. Saudi Arabia

        3. Egypt

        4. Rest of the countries

      4. 6.3.4 Europe

        1. Germany

        2. France

        3. United Kingdom

        4. Rest of the countries

      5. 6.3.5 Asia-Pacific

        1. China

        2. India

        3. Vietnam

        4. Rest of the countries


    1. 7.1 Overview (Market Concentration Analysis and Major Player)

    2. 7.2 Company Profiles

      1. 7.2.1 Rhenus Logistics

      2. 7.2.2 A&R Logistics

      3. 7.2.3 BDP International

      4. 7.2.4 Agility Logistics

      5. 7.2.5 Al-Futtaim Logistics

      6. 7.2.6 DHL

      7. 7.2.7 FedEx

      8. 7.2.8 C.H. Robinson

      9. 7.2.9 CEVA Logistics

      10. 7.2.10 Petochem Middle East*

    3. *List Not Exhaustive

  9. 9. APPENDIX

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Frequently Asked Questions

The Global Chemical Logistics Market market is studied from 2018 - 2027.

The Global Chemical Logistics Market is growing at a CAGR of >4% over the next 5 years.

Asia-Pacific holds highest share in 2021.

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

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