NEW YORK , Sept. 23, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The global chemical warehousing and storage market size is estimated to grow by USD 6.09 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 3.18% during the forecast period. Rise in international trade is driving market growth, with a trend towards use of blockchain to improve traceability in logistics .
However, high cost of operations and capital-intensive business poses a challenge - Key market players include ALFRED TALKE GmbH and Co. KG, AP Moller Maersk AS, Aramex International LLC, C H Robinson Worldwide Inc., Capital Resin Corp.
, CMA CGM SA Group, Deutsche Bahn AG, Deutsche Post AG, DSV AS, FedEx Corp., Goodrich Maritime Services Pvt. Ltd.
, KEMITO, Kuehne Nagel Management AG, Nippon Express Holdings Inc., Omni Logistics LLC, Rhenus SE and Co. KG, SF Express Co.
Ltd., Singapore Post Ltd., and SolvChem Inc.
. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report Market Driver The global chemical warehousing and storage market is expected to grow significantly during the forecast period due to the implementation of blockchain technology.
A blockchain is a secure, decentralized system of records that cannot be altered or tampered with. Multiple users can access and add data to the chain, ensuring transparency and efficiency. This technology eliminates the ne.