Authored By: Sarah
25 Jan 2022

Chemical Warehousing And Storage Market Growth Analysis | Rise in international trade will drive growth

A.P. Moller - Maersk AS, Ahlers, ALFRED TALKE GmbH & Co. KG, Americold Realty Trust, BDP International Inc., are some of the key market vendors

Accelerating at a CAGR of nearly 4%, the chemical warehousing and storage market is expected to post an incremental growth of $ 6.65 billion over the next five years. A.P. Moller - Maersk AS, Ahlers, ALFRED TALKE GmbH & Co. KG, Americold Realty Trust, BDP International Inc., DACHSER SE, C.H. Robinson Worldwide Inc., Deutsche Post DHL Group, Agility Public Warehousing Company KSCP, and Dot Family Holdings LLC are among the key market players. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. In addition, our report offers a deep understanding of the key market players and their product portfolios. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.


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Chemical Warehousing And Storage Market: Leading Segments and Key Trends

The Chemical warehousing and storage market is segmented by Type (General warehouse and Specialized warehouse), Application (Commodity chemicals and Specialty chemicals), and Geography (APAC, North America, Europe, South America, and MEA).

APAC led the market with 50% of the market growth set to originate from this region during the forecast period. China and Japan are the key markets for chemical warehousing and storage in the region. Market growth in this region will be faster than the growth of the market in other region due to the increase in the production and consumption of chemical products  Growth by the general warehouse segment will be significant owing to the demand for general warehouses and storage facilities driven by the growth of commodity chemicals and fine chemicals. 

The use of blockchain to improve traceability in logistics is another factor supporting the chemical warehousing and storage market share growth. The use of blockchain technology helps to eradicateed the need for a centralized authority for maintaining records, which makes the supply chain more efficient and cost-effective. Thus, the use of blockchain technology will offer more transparency in warehouse and storage operations, which in turn, will drive growth.

Chemical Warehousing And Storage Market: Top Drivers to Boost Demand

Rise in international trade is one of the primary factors that will drive the growth of the chemical warehousing and storage market. The global demand for chemicals, specifically specialty chemicals and petrochemicals, has increased rapidly over recent years driven by high consumption from developing economies such as India and China. APAC is one of the leading geographies in terms of the production and consumption of chemical products due to the strong presence of chemical manufacturers and end-user industries.  The increasing trade of chemical products necessitates logistic, distribution, and warehousing services. Therefore, all these factors will contribute to an increase in demand for chemical warehousing and storage.

The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For additional insights on this market: Download FREE Sample Report

Key Focus Areas in Our Reports:

  • Chemical Warehousing And Storage Market Split by Type
    • General warehouse
    • Specialized warehouse
  • Chemical Warehousing And Storage Market Split by Application
    • Commodity chemicals
    • Specialty chemicals
  • Chemical Warehousing And Storage Market Split by Geography
    • APAC
    • North America
    • Europe
    • South America
    • MEA

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • A.P. Moller - Maersk AS
  • Ahlers
  • ALFRED TALKE GmbH & Co. KG
  • Americold Realty Trust
  • BDP International Inc.
  • DACHSER SE
  • C.H. Robinson Worldwide Inc.
  • Deutsche Post DHL Group
  • Agility Public Warehousing Company KSCP
  • Dot Family Holdings LLC

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of 3.71%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 6.65 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Rise in international trade will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    50% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are A.P. Moller - Maersk AS, Ahlers, ALFRED TALKE GmbH & Co. KG, Americold Realty Trust, BDP International Inc., DACHSER SE, C.H. Robinson Worldwide Inc., Deutsche Post DHL Group, Agility Public Warehousing Company KSCP, and Dot Family Holdings LLC

     
  7. What are the market segments covered in this report?
    The market is segmented by Type (General warehouse and Specialized warehouse), Application (Commodity chemicals and Specialty chemicals), and Geography (APAC, North America, Europe, South America, and MEA)
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