Chemical Warehousing Market Share
OREGON, DE, UNITED STATES, March 11, 2025 /
EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, โChemical Warehousing Market," The market of chemical warehousing was valued at $15.8 billion in 2022, and is estimated to garner $22.4 billion by 2032, growing at a CAGR of 3.7% from 2023 to 2032.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ -
https://www.alliedmarketresearch.com/request-sample/A313492
The global chemical warehousing market has seen significant growth due to increase in chemical production, increase in demand for warehousing and distribution logistics in e-commerce industry, and rise in need to handle and distribute dangerous chemicals. Furthermore, the introduction of blockchain technology and technological growth are likely to create growth opportunities for the industry. However, lack of control of manufacturers and poor Infrastructure, and higher cost is anticipated to hinder the market growth rate during the forecast period. These warehouses play an important role in the chemical supply chain by ensuring the safe, secure, and compatible storage of various chemical substances before they are distributed to end users. Chemical warehousing requires particular procedures and infrastructure to handle the variety and sometimes hazardous nature of chemicals.
Growth of online shopping in recent years has promoted the development and adoption of warehousing and distribution logistics services and solutions by the leading retail, e-commerce, and third-party logistics companies (3PLs). Moreover, e-commerce companies are heavily investing and building their warehouses to reduce the lead time of delivery. For instance, Amazon is building two more mega warehouses of 4.1 million-square-foot and 3.8 million-square-foot in Ontario, California, U.S. and in Loveland, Colorado, U.S., respectively. Moreover, in June 2022, the company announced to invest $300 million to build 3.1 million-square-foot distribution centre in Niagara, New York, U.S. Such advancements in the e-commerce industry have become an essential component and have enhanced retail customer services, thus driving the market for
chemical warehousing industry during the forecast period.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ -
https://www.alliedmarketresearch.com/purchase-enquiry/A313492
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐๐ซ๐๐ก๐จ๐ฎ๐ฌ๐ข๐ง๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
To fortify their market positions, leading companies are implementing strategic initiatives, including acquisitions, agreements, expansions, partnerships, contracts, and product launches.
On ๐๐จ๐ฏ๐๐ฆ๐๐๐ซ ๐๐, ๐๐๐๐, Odyssey Logistics & Technology Corporation underwent a brand transition, consolidating its services under four core divisionsโtransport & warehouse, intermodal, integrated marine logistics, and managed services. This move enhances transparency and streamlines service offerings for clients.
On ๐๐ฉ๐ซ๐ข๐ฅ ๐๐, ๐๐๐๐, Odyssey Logistics & Technology Corporation sold its bulk tank transport subsidiary, Linden Bulk Transportation LLC, to Boasso Global. This strategic decision aligns with Odyssey's neutral transport solutions approach, enabling the utilization of a broader carrier range for customer benefits.
On ๐๐๐ฉ๐ญ๐๐ฆ๐๐๐ซ ๐, ๐๐๐๐, Univar Solutions LLC. acquired FloChem Ltd., a Canadian bulk liquid chemicals distribution company. This acquisition aims to expand Univar Solutions LLC.'s market presence, particularly in Eastern Canada, and enrich its product portfolio.
On ๐๐ฎ๐ง๐ ๐, ๐๐๐๐, Rinchem Company, LLC inaugurated a new HAZMAT warehousing facility in Cornelius, Oregon. This facility aligns with Rinchem's business strategy of nationwide expansion, establishing chemical storage facilities to cater to a diverse customer base.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:
https://www.alliedmarketresearch.com/chemical-warehousing-market/purchase-options
Furthermore, the global logistics and e-commerce market has experienced tremendous growth in recent years, owing to rise in connectivity solutions. The growth in e-commerce and logistics industries drives the demand for time-efficient delivery for the transportation of goods in forward and reverse logistics worldwide. Increase in the e-commerce industry has resulted in increased demand for chemical and related products by consumers. The growth of the e-commerce industry has made the availability of chemicals in retail quantity to small businesses and for personal use. Rise in sales of chemicals through online channels resulted in increase in demand for its storage, thus driving the chemical warehousing market growth.
Asia-Pacific to maintain its dominance by 2032
Region-wise, Asia-Pacific held the highest market share in terms of revenue in 2022 and is estimated to maintain its leadership status during the forecast period. Similarly, the Asia-Pacific region is expected to witness the fastest CAGR of 4.6% from 2023 to 2032, owing to increase chemical production and investment in
chemical industry resulting in more demand for chemical storage. The region is a major player in global trade. The growth of international trade in chemicals necessitates the development of sophisticated warehousing facilities to handle storage, handling, and distribution activities efficiently.
Leading Market Players: -
Odyssey Logistics & Technology Corporation
Univar Solutions LLC
Rinchem Company, LLC
Anchor 3PL
BRENNTAG
Broekman Logistics
Commonwealth Inc
DHL
RSA TALKE
KEMITO B.V.
๐๐๐ ๐
๐๐๐๐๐๐๐ ๐๐
๐๐๐ ๐๐๐๐๐
By warehouse type, the specialty chemical warehouse segment is anticipated to exhibit significant growth in the chemical warehousing market in the near future.
By chemical type, the others segment is anticipated to exhibit significant growth in the market in the near future.
Region-wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
Pharmaceutical Logistics Market -
https://www.alliedmarketresearch.com/pharmaceutical-logistics-market-A14502 -
Secure Logistics Market -
https://www.alliedmarketresearch.com/secure-logistics-market-A14801
Indonesia Cold Chain Logistics Market -
https://www.alliedmarketresearch.com/indonesia-cold-chain-logistics-market
๐๐๐จ๐ฎ๐ญ ๐ฎ๐ฌ :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
+15038946022 ext.
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn