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Chemical Logistics Market size is set to grow by USD 67.7 billion from 2024-2028, Growth of chemical industry boost the market, Technavio

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NEW YORK, July 10, 2024 /PRNewswire/ — The global chemical logistics market size is estimated to grow by USD 67.7 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 4.36% during the forecast period. The global chemical logistics market is poised to grow significantly, driven by the expanding chemical industry and adoption of blockchain technology in logistics. However, challenges such as high operational costs and the capital-intensive nature of the business hinder market growth. Key players like Agility Public Warehousing Co. K.S.C.P, BASF SE, and C H Robinson Worldwide Inc. are pivotal in shaping this dynamic sector’s future.

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Chemical Logistics Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.36%

Market growth 2024-2028

USD 67.7 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.11

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 62%

Key countries

China, US, Japan, Germany, and South Korea

Key companies profiled

Agility Public Warehousing Co. K.S.C.P, BASF SE, BRENNTAG SE, C H Robinson Worldwide Inc., CMA CGM SA Group, CSX Corp., CT Logistics, Deutsche Bahn AG, Deutsche Post AG, Dow Chemical Co., DSV AS, Dupre Logistics LLC, FedEx Corp., Kintetsu Group Holdings Co. Ltd., North West Carrying Company LLP, PSA International Pte Ltd., Saudi Basic Industries Corp., Schneider National Inc., and Univar Solutions Inc.

Market Driver

Blockchain technology is revolutionizing the logistics industry by providing a secure, transparent, and cost-efficient solution for maintaining and sharing supply chain data. This digitalized platform uses a distributed transaction ledger, allowing various stakeholders to maintain identical copies of records on multiple computer systems. Each transaction is cryptographically protected and validated by an independent third party, ensuring security and preventing fraud. The benefits of blockchain technology are numerous, including increased transparency, reduced paperwork, and improved traceability and trackability. In the context of chemical logistics, this technology is particularly valuable due to the criticality and confidentiality of the information involved. With an estimated USD30 billion in annual cargo theft losses in the logistics industry, blockchain technology offers a promising solution for minimizing risk and streamlining operations. Major logistics companies, such as International Business Machines Corp. And A.P. Moller – Maersk, have already implemented blockchain technology to create more secure and efficient digital shipping platforms. Similarly, 3PL service providers like ITS Logistics are partnering with blockchain technology providers to develop common standards and frameworks for the industry. Overall, the use of blockchain technology in chemical logistics is expected to enhance data security, automate processes, and create transparency in the sharing of critical and confidential records. 

The Chemical Logistics Market is experiencing significant trends in various process industries. Three-party logistics (3PL) providers are increasingly managing non-asset chemical logistics, addressing complexities in rail networks and uncertain transit times. Road quality and pilferage remain challenges, driving automation in warehouses. Green warehouses and sustainable business operations are prioritized for environmental concerns. Advancements include smart sensors, robotics, artificial intelligence (AI), machine learning, radio-frequency identification (RFID), Bluetooth, drone delivery, and driverless vehicles. Shale gas and the energy industry are major consumers, but chemical demand varies across diverse sectors like food production, pharmaceutical manufacture, vehicle manufacturing, and engineering. Collaborations between the American Chemistry Council and the government of India, and other industry partnerships, are crucial for addressing chemical volumes and ensuring safe, efficient transportation. Addressing environmental problems and maintaining chemical manufacturing standards remain key priorities. 

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Market Challenges

The chemical warehousing and storage market involves significant investment for setting up facilities that adhere to specifications and obtain necessary certifications. Different chemicals require unique storage solutions, and various factors such as regulations, political climate, and competition impact market growth. Warehouse location is strategic, with considerations including price of land, connectivity, and infrastructure. Rising land costs and warehouse rents challenge operators to either rent or buy. Optimizing warehouse capacity and minimizing operational costs are essential to prevent financial losses from oversized or poorly utilized spaces. The slow adoption of advanced inventory tracking technology and inventory loss through damage, pilferage, and misplacement are ongoing challenges for the industry. These factors contribute to the high cost of investment and operation in the chemical logistics market, potentially limiting its growth.Chemical logistics is a critical business sector that ensures the safe and efficient transportation and warehousing of chemicals. The use of IoT devices and intelligent cloud platforms enhances agility and improves supply chain visibility. However, chemical logistics faces challenges in various industry verticals, including the cosmetic and specialty chemicals industries, food production, and automobile manufacturing. OEM shutdowns, safety hazards, contamination, and spoilage are common issues. Federal and state regulations add complexity, affecting workers and the general public. Tech-driven logistics services offer solutions through airways, roadways, railways, waterways, pipelines, and transportation & distribution. Companies like A&R Logistics, Agility, BASF, Rhenus Logistics, and Ryder System Inc. Provide storage & warehousing, customs & security, green logistics, consulting & management services. Dangerous chemicals, raw materials, and finished chemical products require specialized handling in the oil & gas industry and end use industries.

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Segment Overview 

This chemical logistics market report extensively covers market segmentation by  

Service 1.1 Transportation1.2 Warehousing1.3 OthersEnd-user 2.1 Chemical industry2.2 Pharmaceutical industry2.3 Speciality chemical industry2.4 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Transportation- The Chemical Logistics Market involves the transportation, storage, and handling of chemicals from one place to another. Companies in this sector ensure safe and efficient movement of chemicals through various modes of transport like road, rail, and sea. They offer value-added services such as temperature control, packaging, and inventory management to meet the specific requirements of chemical manufacturers and consumers. The market is driven by factors like increasing demand for chemicals in various industries, stringent regulations, and growing focus on supply chain efficiency.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Chemical Logistics Market is experiencing significant growth due to the surge in chemical demand from various industry verticals such as energy, shale gas, and the environmental problems that necessitate the use of chemicals for mitigation. The chemical manufacturing and transportation sectors are at the forefront of this trend, supplying essential raw materials for food production, pharmaceutical manufacture, vehicle manufacturing, and engineering. The energy industry’s shift towards cleaner sources and the increasing use of IoT devices and intelligent cloud platforms in chemical logistics are driving innovation. Agility Logistics and other tech-driven logistics services are collaborating to provide efficient and safe transportation of chemicals in both liquid and solid states. However, the industry faces challenges such as safety hazards, contamination, and spoilage during transportation and warehousing. Federal and state regulations are stringent to ensure safety and compliance. OEM shutdowns can also impact the market, making flexibility and adaptability crucial. The specialty chemicals industry and cosmetics sector are also significant contributors to the market’s growth.

Market Research Overview

The Chemical Logistics Market is a critical component of the energy industry, particularly in the context of shale gas production. With the surge in chemical demand from diverse sectors such as food production, pharmaceutical manufacture, vehicle manufacturing, engineering, and more, the market for chemical transportation and manufacturing has grown significantly. However, this growth comes with challenges, including environmental problems, safety hazards, and regulatory compliance. Chemical logistics companies provide services for the transportation and distribution of chemicals in various states – liquid and solid. They cater to end use industries, including the oil & gas industry, process industries, and 3PL providers. The market is complex, with factors such as federal and state regulations, workers’ safety, and the general public’s safety being of utmost importance. The chemical logistics industry is undergoing a tech-driven transformation, with IoT devices, intelligent cloud platforms, and automation playing a key role. Collaborations between industry players, such as Agility Logistics and BASF, Rhenus Logistics and Ryder System Inc., are driving innovation in the sector. The market is diverse, with industry verticals including the cosmetic industry, specialty chemicals industry, and food industry. OEM shutdowns, contamination, spoilage, and safety hazards are some of the challenges that chemical logistics companies face. Green logistics, consulting & management services, and sustainable business operations are becoming increasingly important in the sector. Transportation & distribution, storage & warehousing, customs & security, and consulting & management services are the key offerings of chemical logistics companies. The market is served by various modes of transportation, including airways, roadways, railways, waterways, and pipelines. Safety hazards, such as contamination and spoilage, are significant concerns in the chemical logistics industry. Federal and state regulations, as well as the general public’s safety, are of utmost importance. Tech-driven logistics services, such as smart sensors, robotics, artificial intelligence (AI), machine learning, radio-frequency identification (RFID), Bluetooth, drone delivery, and driverless vehicles, are being adopted to mitigate these risks and improve efficiency. The chemical logistics market is expected to continue growing, driven by increasing demand for chemicals in various industries and the need for efficient, tech-driven logistics solutions. However, challenges such as complexities in the rail network, uncertain transit time, road quality, pilferage, and automation will need to be addressed to ensure the industry’s continued growth and success.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ServiceTransportationWarehousingOthersEnd-userChemical IndustryPharmaceutical IndustrySpeciality Chemical IndustryOthersGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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CGTN: China, Myanmar agree to deepen pragmatic cooperation across the board

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BEIJING, June 19, 2026 /PRNewswire/ — Marking a new milestone in bilateral ties, President of Myanmar Min Aung Hlaing completed his first state visit to China from June 15 to 19, opening a new chapter of in-depth, multi-field pragmatic cooperation between the two neighboring countries.

By visiting China Railway Construction Corporation Limited in Beijing and traveling from the Chinese capital to Shanghai aboard the Fuxing high-speed train, the Myanmar president experienced China’s development achievements firsthand, and voiced Myanmar’s strong willingness to further expand practical infrastructure cooperation with China.

Throughout the fruitful visit, the two countries signed a series of cooperation agreements, consolidating their time-honored “pauk-phaw” friendship.

During a meeting with Min Aung Hlaing on Tuesday, Chinese President Xi Jinping said China stands ready to share its development experience with Myanmar and jointly build a China-Myanmar community with a shared future, which is underpinned by political amity and mutual trust, win-win development, security coordination and people-to-people exchanges.

For years, China has remained Myanmar’s largest trading partner, largest source of imports and most important source of investment. Bilateral trade reached $19.4 billion in 2025, up 19.1% year on year.

Boasting prominent structural complementarity, the trade landscape sees China exporting electromechanical equipment and vehicles to Myanmar while importing high-quality agricultural products and mineral resources from Myanmar, forming a mutually beneficial and stable industrial and trade cycle.

As a key landmark of Belt and Road cooperation, the China-Myanmar Economic Corridor has entered a fast-track development phase. A cluster of flagship projects, including the New Yangon City, the Kyaukphyu Special Economic Zone and the China-Myanmar Railway, have gradually taken shape, forming a solid framework for the construction of the corridor.

These major connectivity projects have effectively driven Myanmar’s industrial upgrading, and improved local livelihoods, injecting strong impetus into cross-border economic integration.

During Tuesday’s talks, Xi reiterated that the China-Myanmar Economic Corridor is a flagship project of the Belt and Road cooperation.

The two sides need to steadily advance the construction of major projects on the basis of ensuring safety and security, and support Myanmar in growing its economy and improving livelihoods, he said.

China, Xi added, stands ready to implement more “small and beautiful” assistance programs, and jointly tell the stories of mutually beneficial cooperation between the two countries.

China and Myanmar on Tuesday issued a lengthy joint statement on accelerating the building of a community with a shared future between the two countries to better benefit the people of both countries.

In a demonstration of the depth and breadth of bilateral relations, the two sides signed a number of cooperative documents, covering transport, science and technology, intellectual property rights, human resources development, public health and media.

Bilateral and multilateral law-enforcement cooperation to combat cross-border criminal activities was also highlighted during the visit, with China and Myanmar expressing their support for the establishment of an international alliance against telecom cyber fraud.

Over recent months, through joint law enforcement coordination, China and Myanmar have cracked down the telecom fraud criminal operations in northern Myanmar, effectively upholding peace and stability along the border as well as the safety of lives and property of people of both countries.

During the talks, Xi said the two sides need to continue cracking down on criminal activities including online gambling, telecom fraud and drug trafficking, and fully safeguard the interests and security of the two peoples.

For his part, Min Aung Hlaing said Myanmar stands ready to work closely with China to resolutely combat online gambling and telecom fraud and safeguard security and stability in the border areas.

Qu Jianwen, chief of the Yunnan Province Association for Southeast Asian Studies, wrote that the China visit by Myanmar’s president vividly demonstrates the sound and growing momentum of bilateral cooperation.

https://news.cgtn.com/news/2026-06-19/China-Myanmar-agree-to-deepen-pragmatic-cooperation-across-the-board-1O64ed6YbYI/p.html

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SOURCE CGTN

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Protecting and Innovating Critical Infrastructure Through New Security Landscapes

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The following article is authored by Skyla Loomis, General Manager, IBM Z Software

ARMONK, N.Y., June 19, 2026 /PRNewswire/ — Over the last few years, we’ve seen seismic shift in enterprise computing. From the rise of machine learning to today’s agentic AI, computing systems have advanced beyond tools into active assistants, requiring new levels of secure, high-powered and efficient infrastructure.

One thing hasn’t changed though the decades. IBM Z has been the most resilient server platform in the market with its average yearly downtime as less than a third of a second.1

This reputation is because as technology has evolved, so has IBM Z. Today, clients have more workloads that may be considered highly sensitive and mission-critical given new sovereignty and regulation requirements, and continue to turn to IBM Z for their core applications.

IBM is continuing to innovate mainframes to address and combat the technological challenges of the future. As part of this mission, today we’re announcing the general availability of three new Z software tools designed to not only meet clients where they are, but to start addressing future challenges such as frontier model attacks. These complement our recent developments with Project Glasswing and our commitment to open-source security with Project Lightwell.

As a leading provider in hybrid cloud, AI and consulting expertise, IBM has developed decades of IBM Z Software to help clients protect themselves for what’s ahead. In cybersecurity, IBM developed IBM Concert for Z last year for enterprises to discover and address vulnerabilities across the entire landscape because we saw the siloed nature of infrastructure and application teams across an organization. Hybrid infrastructure is the reality and we are passionate about giving teams world-class software built to innovate and defend the full stack for the future – IBM Z included.

The following tools are now generally available:

IBM zSecure Detection – Evolving threats mean enterprises need better ways of monitoring and responding. IBM zSecure Detection monitors IBM Z activity for things like ransomware and suspicious behavior across the system. Enterprises now have a comprehensive tool to detect, investigate and respond on z/OS to strengthen their security posture.IBM zSecure Secret Manager – Certificate management can be a burden for infrastructure and security teams. As the lifespan of these certificates shortens, teams need a secure, continuous monitoring for z/OS environments in IBM Z and LinuxONE. Powered by IBM Vault Self-Managed for Z, IBM zSecure Secret Manager gives z/OS teams an automated and cohesive way of addressing certificate management with shortened certificate lifecycle deadlines and fragmented management strategies.IBM Z Database Assistant – IBM Z stands apart with its data integrity, but AI has shifted the need from access to intelligence. Now database teams can use agentic AI to optimize DBA performance, accelerate tasks and help ensure your trusted data is continuously available. IBM Z Database Assistant is proactive, autonomous and intelligent, designed for the future of data operations.

With security threats and new ways of working on IBM Z, we’re equipping the teams that work tirelessly on critical infrastructure to build and operate for the future. The bar for resiliency and 99.999999% uptime1remains the same for our clients, but IBM Z Software will continue to innovate so enterprises can manage and protect their core infrastructure and workloads.

Learn more about the latest Z Software solutions:

IBM zSecure DetectionIBM zSecure Secret ManagerIBM Z Database Assistant

1. ITIC 2025 Global Server Hardware, Server OS Reliability Report, February 2026

About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity, and service.  Visit www.ibm.com for more information.

Media contact:

Marshall Hampson
IBM
marshall.hampson@ibm.com

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KCS Opens KuCoin’s Ninth Anniversary Chapter, Advancing Token Utility as a Value Participation Layer

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The upgraded KCS experience brings trading efficiency, rewards, payment benefits and ecosystem privileges into one unified user journey.

PROVIDENCIALES, Turks and Caicos Islands, June 19, 2026 /PRNewswire/ — KuCoin, a leading global crypto platform built on trust, today announced the upgraded KCS experience, marking the opening chapter of KuCoin’s ninth anniversary journey and a new step in the evolution of KCS from a platform utility token into a broader value participation layer across the KuCoin ecosystem.

Nine years ago, KCS was introduced to reward and empower KuCoin’s earliest users. Since then, both KuCoin and the broader digital asset industry have undergone profound transformation. What began as a token primarily associated with trading benefits has gradually evolved into a broader ecosystem asset connecting users with rewards, payments,  loyalty privileges and community participation.

As digital asset ecosystems mature,  the role of exchange-native tokens is changing as well. Exchange-native tokens are no longer defined only by isolated benefits or short-term incentives. They are increasingly becoming participation layers that connect users with value across an entire ecosystem. The upgraded KCS experience addresses this shift by bringing fragmented KCS-related benefits into a more connected and actionable journey. Through the upgraded experience, users can better discover and activate KCS benefits across trading fee reductions, rewards, loyalty privileges, KuCard-related incentives and broader ecosystem programs through one clearer pathway. This reflects KuCoin’s trust-first approach in practice: making platform value easier to understand, more transparent to access and more consistent across touchpoints.

“KCS has grown alongside our users and our ecosystem for nearly nine years,” said BC Wong, CEO of KuCoin. “As the industry evolves, we believe the next generation of exchange-native tokens will be defined not simply by utility, but by how effectively they connect users with ecosystem value. Our vision is for KCS to serve as a participation layer that brings together trading, rewards, payments, and future ecosystem experiences into one cohesive journey.”

KCS, the native token of the KuCoin ecosystem, has long served as a bridge between users and KuCoin’s platform value. With this upgrade, KCS’s long-term vision of moving blockchain “from geeks to mass adoption” and building a blockchain-based value self-circulation ecosystem is being translated into a clearer and more practical user experience, making KCS easier to understand, activate and use across KuCoin.

The milestone arrives at a symbolic moment for KuCoin, serving as the opening chapter of its ninth-anniversary journey. As KuCoin prepares to celebrate nine years of growth, the evolution of KCS reflects the broader transformation of KuCoin itself — from a crypto exchange into a global digital asset ecosystem spanning trading, payments, Web3 infrastructure, institutional services and emerging technologies such as AI. In this next chapter, KCS is designed to become a clearer user-facing gateway to KuCoin’s expanding ecosystem, helping users better discover, understand and participate in the value created across the platform. As KuCoin enters its ninth anniversary, the upgraded KCS experience sets the tone for a broader vision: making ecosystem value more accessible, connected and meaningful for users worldwide.

About KuCoin

Founded in 2017, KuCoin is a leading global crypto platform built on trust and security, serving over 40 million users across 200+ countries and regions. Known for its reliability and user-first approach, the platform combines advanced technology, deep liquidity, and strong security safeguards to deliver a seamless trading experience. KuCoin provides access to 1,500+ digital assets through a broad product suite and remains committed to building transparent, compliant, and user-centric digital asset infrastructure for the future of finance, backed by SOC 2 Type II, ISO/IEC 27001:2022, and ISO/IEC 27701:2019 Certifications. In recent years, we have built a strong global compliance foundation, marked by key milestones including AUSTRAC registration in Australia, a MiCA license in Europe, and regulatory progress in other markets.

Learn more at www.kucoin.com.

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