Bulk Terminals Market, By Bulk Type (Dry Bulk (Grain, Coal, Iron ore and Others) and Liquid Bulk (Oil and Gas)) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Dry bulk is a product, shipped in large amounts and unpackaged situations by the bulk carrier. Generally, dry bulk products are categorized major dry bulk and Minor dry bulk, major dry bulk comprises Grains, Coal And Iron Ore, Minor bulk includes Minerals, fertilizer, cement, woods, sugar, Bauxite/Alumina, etc. Coal is the second-largest bulk commodity in terms of volume following iron ore commodity. There are also liquid bulk commodities, which includes oil, petroleum product, chemicals, gas, and processed fuels. Liquid bulk segment contributes more than 30% of total bulk trade-in terms volume throughput globally. Gas bulk trade involves various gasses like compressed natural gas, liquefied natural gas, and many other gases like hydrogen, etc.
Market Dynamics
Since the level of emission from power industries and automobiles has increased significantly, it has become mandatory to find substitutes for conventional fuels such as coal and other petroleum-based fuels. As a result of this, many major consumer economies have shown inclination to adopt natural gas as an effective substitute with lesser emission. According to Coherent Market Insights’ analysis, Global natural gas production has grown by approximately 2.2% in 2015 than in the preceding year, whereas consumption of natural gas is increased by 1.7%. Countries such as Australia, Qatar, and Norway increased the export of natural gas significantly. According to the same source, global LNG trade was valued at around 244.8 MT in 2015, an increase of nearly 4.7 MT than that in 2014. Thus, increasing focus on natural gas from developed as well as emerging economies is expected to boost the global bulk terminals market growth over the forecast period. According to the United Nations (UN), global population has increased over 7 billion and is estimated to cross 8 billion, growing at a rate of 1.15% during the forecast period. Rapid increase in population has resulted in increase in the consumption of agricultural products. Moreover, agricultural production is highly concentrated on countries such as the U.S, Brazil, Argentina, China, and India, which accounts for over 75% of import and export of various grains as minor bulk commodities. According to Coherent Market Insights’ analysis, global seaborne trade of grains crossed 453 million ton in 2015, whereas the wheat and coarse grain accounted for around 72% of the traded volume. Therefore, these factors are expected to propel the market growth in the near future.
Market Taxonomy
This report segments the Global Bulk Terminals Market on the basis of Bulk Type and Region. On the basis of Bulk Terminals, Global Bulk Terminals Market is segmented into Dry Bulk (Grain, Coal, Iron ore and Others) and Liquid Bulk (Oil and Gas). On the basis of region, Global Bulk Terminals Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.
Key features of the study:
This report provides an in-depth analysis of the Global Bulk Terminals Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global Bulk Terminals Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the Global Bulk Terminals Market includes Thessaloniki Port Authority SA., Ultramar Group, Global Ports Investments PLC, Noatum Ports, S.L.U., Ports America, Inc., DP World Ltd., China Merchants Port Holdings Co. Ltd, Yilport Holding Inc., APM Terminals, HES International B.V., DaLian Port (PDA) Company Limited, Puerto Ventanas S.A., and Euroports Holdings S.à r.l.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global Bulk Terminals market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Bulk Terminals Market
Detailed Bulk Terminals Taxonomy:
Global Bulk Terminals Market, By Bulk Type:
Dry Bulk
Grain
Coal
Iron ore
Others
Liquid Bulk
Oil
Gas
Global Bulk Terminals Market, By Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Company Profiles
APM Terminals
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
China Merchants Port Holdings Co. Ltd
DaLian Port (PDA) Company Limited
DP World Ltd.,
Euroports Holdings S.à r.l.
Global Ports Investments PLC
HES International B.V.
Noatum Ports
Ports America, Inc.
Puerto Ventanas S.A.,
S.L.U.
Thessaloniki Port Authority SA.
Ultramar Group
Yilport Holding Inc.
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