Global Chemical Logistics Market to grow at a CAGR of 11.97% during the period 2016 - 2020; Finds New Report

Report forecast the global chemical logistics market to grow at a CAGR of 11.97% during the period 2016-2020.

Logistics deals with the procurement, planning, and implementation of activities in the forward and reverse logistics chain of an organization. The chemical industry uses logistics for the management of the way resources are acquired, stored, and moved to different end-users. The use of logistics allows the chemical industry access to a continuous supply of organic and inorganic chemicals from suppliers and distributors in various locations. Sometimes, a company might choose to outsource its logistics operations, if it is cost effective to do so.

The report covers the present scenario and the growth prospects of the global chemical logistics market for 2016-2020. To calculate the market size, the report considers the revenue generated by various vendors providing contract logistics services.

The market is divided into the following segments based on geography:

• APAC
• Europe
• MEA
• North America

According to the report, chemicals are sensitive to external conditions of temperature, pressure, and moisture, and effective packaging must be ensured to reduce their potential hazards to the environment. The increased demand of the chemicals from various industries is a major growth driver in the logistics market. Shale gas, from which natural gas is extracted, is produced in high quantities in the US. This gas acts as a feedstock in the production of other chemicals.

Further, the report states that labeling is an important process in the shipping of chemical products. It provides information about the nature of the product and the conditions required for its safe transport and storage. Product labeling processes adopted by various companies have been found to be inefficient, thus posing a serious challenge to the market. Unstructured and disparate product data make the product labeling processes labor-intensive and complex. Labeling companies have to collect information about the products from multiple sources and centers, re-write labeling copies, and validate the information before developing the labeling artwork. This process of correcting errors and validating data related to labels requires effort, time, and money. In addition, chemical companies need to generate XML-based submissions, which is a time-consuming process.

GLOBAL CHEMICAL LOGISTICS MARKET 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global chemical logistics market: Agility, BDP International, C.H. Robinson, DB Schenker, and DHL.

Other Prominent Vendors in the market are: Ahlers, A.N. Deringer, Alfred Talke Logistic Services, APL Logistics, BALTRANSA, BERTSCHI, Bowker, Chemlogix, CT Logistics, Damco, DACHSER, Interbulk, Jacobson Companies, Lesaint Logistics, Logi Trans, Menlo Worldwide Logistics, Montreal Chemical Logistics, Palmer Logistics, and TRANSPLACE.

Market driver

• Increased government initiatives
• For a full, detailed list, view our report

Market challenge

• High cost of operation and competitive pricing
• For a full, detailed list, view our report

Market trend

• Developing economies to drive market
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 76 pages “Global Chemical Logistics Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by type of service, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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