Global Hazardous Goods Logistics Market (2022 to 2027) - Growth, Trends, COVID-19 Impact and Forecasts - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Hazardous Goods Logistics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.

The Hazardous Goods Logistics Market is anticipated to register a CAGR greater than 6% during the forecast period.

Companies Mentioned

• DHL
• DSV
• Ceva Logistics
• Bollore Logistics
• DGD Transport
• Toll Group
• YRC Worldwide Inc.
• DB Schenker
• Hellmann Worldwide Logistics
• Agility Logistics
• Kuehne + Nagel
• XPO Logistics
• United Parcel Service
• GEODIS
• Rhenus Logistics

Key Market Trends

Production and International Trade of Chemicals from Europe Boosting Hazardous Logistics Market

Road freight transport is the prime mode of transport in Europe. Concerning road transport, the transport of dangerous goods in the European Union (EU-28) continued to increase between 2009 and 2019, the overall value of solid chemical manufacturing climbed by EUR 221 billion. The average annual growth rate from 2009 to 2019 was 4.2 percent, resulting in a peak of EUR 644.4 billion in 2020, up slightly from EUR 641.9 billion in 2019.

Chemical imports into the European Union have increased from EUR 154 billion in 2010 to EUR 233 billion in 2020. During the period 2015-2020, the European Union's chemical trade surplus grew from EUR 126.6 billion in 2015 to EUR 178 billion in 2020. When it comes to key international players in the chemicals trade, the European Union topped the list in 2020 with a total trade of EUR 644.4 billion, made up of EUR 411.4 billion in exports and EUR 233 billion in imports, resulting in the greatest trade surplus (EUR 178.4 billion).

The United States was the top importer (EUR 243 billion) and the second-largest exporter (EUR 201 billion). With EUR 196 billion in imports and EUR 145 billion in exports, China was the third-largest importer and exporter in the world. In 2020, the European Union's three major chemical export and import partners were the United States, Switzerland, and the United Kingdom.

The EU had a trade surplus with eight of its ten largest trading partners, including the United States (EUR 61 billion), Russia (EUR 13 billion), and the United Kingdom (EUR 11 billion). Trade deficits with Switzerland (EUR 13 billion) and South Korea were recorded (EUR 2 billion). Due to the impact of covid-19, the main product group in the chemical trade will be 'Medical and pharmaceutical products in 2020. It has a 52 percent share of exports and a 40 percent share of imports. The only other group with a share of more than 10% is 'Organic chemicals,' which accounts for 12% of exports and 23% of imports.

Growth in Trade of Australian Organic Chemicals

With a GDP of about USD 1.5 trillion, Australia is the world's 13th largest economy. It is also the world's 24th largest exporter and importer, with a positive trade balance of USD 28.7 billion in 2020. Australia's largest trading partner is China, although Japan and the United States are among the country's top five export and import partners. In 2020, Australia exported USD 17.6 billion in petroleum gas and USD 5.78 billion in crude petroleum, while importing USD 18.5 billion in refined petroleum and USD 9.25 billion in crude petroleum.

Australia's total organic chemical trade is valued at USD 2.87 billion in 2020, up from USD 2.84 billion in 2019. Imports account for the majority of the total trade of Organic chemicals. Total imports in 2020 were USD 2.36 billion, up from USD 2.18 billion in 2019. China was the main trade partner in 2020, with imports worth USD 860 million, followed by France (USD 404 million) and the United States (USD 170 million).

Key Topics Covered:

1 INTRODUCTION

1.1 Study Assumptions and Market Definition

1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS

4.1 Current Market Scenario

4.2 Industry Value Chain Analysis

4.3 Government Regulations and Initiatives

4.4 Brief on Dangerous Goods Classes

4.5 Review and Commentary on Goods Transport Regulations and Standards (Hazardous Materials Transportation Act (HMTA), International Air Transport Association Dangerous Goods Regulations (IATA DGR), etc.)

4.6 Focus on Key Stakeholders in Supply Chain (Freight Forwarders, Ground Handling Agents, Carriers, Advisors and Consultants, etc.)

4.7 Key Information - Documentation, Special Permissions, and Safety Checklists

4.8 Spotlight - Equipment and Accessories Associated with Transport of Dangerous Goods (Air, Sea, and Road)

4.9 Potential Risk Involved in Shipment of Hazardous Materials

4.10 Insights on Packaging

4.11 Technology Snapshot (Digitalization and Process Optimization and Management Software, e-Dangerous Goods Declaration (eDGD), etc.)*

4.12 Impact of COVID-19 on the Market

5 Market Dynamics

5.1 Market Drivers

5.2 Market Restraints/Challenges

5.3 Market Opportunities

5.4 Industry Attractiveness - Porter's Five Forces Analysis

5.4.1 Bargaining Power of Buyers/Consumers

5.4.2 Bargaining Power of Suppliers

5.4.3 Threat of New Entrants

5.4.4 Threat of Substitute Products

5.4.5 Intensity of Competitive Rivalry

6 MARKET SEGMENTATION

6.1 Service

6.1.1 Transportation

6.1.2 Warehousing and Distribution

6.1.3 Value-added Services

6.2 Destination

6.2.1 Domestic

6.2.2 International

6.3 Geography

6.3.1 Asia-Pacific

6.3.2 North America

6.3.3 Europe

6.3.4 Latin America

6.3.5 Middle East & Africa

7 COMPETITIVE LANDSCAPE

7.1 Overview (Market Concentration and Major Players)

7.2 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/p81m6p

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