Global Chemical Logistics Markets, 2022-2026 & 2031: Increase Production for Various Industries Creates the Need for Safe Corners of Transportation and Distribution Services – QNT Press Release


DUBLIN, Aug. 26, 2022 /PRNewswire/ — The “Chemical Logistics Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering.

The global chemical logistics market is expected to grow from $251.94 billion in 2021 to $271.73 billion in 2022 at a compound annual growth rate (CAGR) of 7.9%. The chemical logistics market is expected to grow to $317.17 billion in 2026 at a CAGR of 3.9%.

The chemical logistics market consists of sales of chemical logistic services by entities (organizations, partnerships, and sole proprietors) that are used to handle and deliver chemicals effectively. Chemical logistics is a service that involves the storage and transportation of chemicals along a supply chain with special care by chemical logistics companies.

The chemical sector supplies products to almost every industry. Pharmaceuticals, food, and other everyday products are all made with chemicals, whether liquid or solid. The chemical logistics services help to transport these compounds with extreme caution to avoid any safety risks such as contamination and spoilage.

The main types of services in chemical logistics are transportation and distribution services, storage and warehousing services, customs and security services, green logistics services, and consulting and management services. Transport and distribution services can be used to connect customers, raw material suppliers, plants , warehouses, and channel members with the help of water, rail, motor carrier, air, and pipeline.

The different modes of transportation include roadways, railways, airways, waterways, and pipelines, and are used by the chemical industry, pharmaceutical industry, cosmetic industry, oil and gas industry, specialty chemicals industry, food industry, and other industries.

Asia Pacific was the largest region in the chemical logistics market…

Full story available on Benzinga.com



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