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Chemical Logistics Market Share

Report ID: GMI10257
Published Date: Jul 2024
Report Format: PDF

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Chemical Logistics Market Share

Brenntag and FedEx Corporation hold a significant market share of over 6% in 2023 in the chemical logistics industry. Brenntag is a major player in chemical distribution, offering a wide range of products and services to various industries, including agriculture. The company's strong presence in chemical logistics is bolstered by its extensive network of warehouses, distribution centers, and transportation capabilities. Brenntag provides tailored supply chain solutions, including storage, packaging, blending, and transportation of chemicals. Their expertise in regulatory compliance and safety standards ensures efficient and secure handling of chemical products throughout the supply chain.

FedEx Corporation, known primarily for its express transportation and logistics services, plays a significant role in the chemical logistics market through its specialized handling capabilities. FedEx offers dedicated solutions for shipping hazardous materials and chemicals, ensuring compliance with regulatory requirements globally. The company's extensive logistics network and advanced tracking systems enable safe and reliable transportation of chemical products across borders. FedEx's commitment to technology-driven logistics solutions enhances efficiency and reliability in chemical supply chain management.

Chemical Logistics Market Companies

Major players operating in the chemical logistics industry are:

Brenntag
C.H. Robinson
DB Schenker
DHL Global Forwarding
FedEx
GEODIS
Kuehne + Nagel
Maersk Logistics
Nippon Express
Rhenus Logistics
Sinotrans
UPS Supply Chain Solutions
XPO Logistics

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of chemical logistics reached USD 255.8 billion in 2023 and is set to witness over 3% CAGR from 2024 to 2032, led by the rising demand for specialized logistics and stringent regulatory requirements.

The road transportation segment in the chemical logistics industry held over 40% share in 2023, as it offers unparalleled flexibility and reach, allowing the delivery of chemicals to locations that may not be accessible by rail, air, or sea.

The transportation service segment in the chemical logistics market accounted for over 44% share in 2023, and may depict significant growth between 2024 and 2032, due to the increasing need for efficient transportation solutions to move these chemicals to their destinations.

Asia Pacific market accounted for 35% share in 2023, owing to the rapid industrialization, urbanization, and economic growth in the region.