The Global Bulk Liquid Market Report by The Business Research Company covers bulk liquid market drivers and restraints, bulk liquid market size, major players, and the impact of COVID-19 on the bulk liquid market.
The bulk liquids trucking market consists of sales of bulk liquids trucking services and related goods by entities (organizations, sole traders, and partnerships) that provide over-the-road transportation of bulk liquids. Only goods and services traded between entities or sold to end consumers are included.
Increasing production and consumption of chemicals drives the demand for bulk liquids transportation market. The global bulk liquids market is expected to grow from $43.86 billion in 2020 to $47.13 billion in 2021 at a compound annual growth rate (CAGR) of 7.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $60.82 billion in 2025 at a CAGR of 6.6%.
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Some bulk liquid market trends include electronic logging devices (ELD). It is increasingly being adopted by the trucking industry to regulate the working hours of the truck drivers. An electronic logging device is a technology used by drivers of commercial motor vehicles (CMVs) to automatically record driving time and Hours of service (HOS) records, capture data on the vehicle’s engine, movement, and miles driven.
Global bulk liquid market segments include:
1) By Liquid Type: Edible liquids, Non-edible liquids.
2) By End Use: Chemical, Dairy, Beverages, Others.
3)By Properties: Flammable, Non-flammable.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Bulk Liquid Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides bulk liquid market overviews, analyzes and forecasts market size, share, bulk liquid market players, bulk liquid market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The bulk liquid market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Bulk Liquid Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region and By Country, Historic and Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Tankstar USA, Kenan Advantage Group Inc, Foodliner, Quality Distribution, Trimac Transportation Services, Heniff Transportation Systems, A&R Logistics, Superior Bulk Logistics, Groendyke Transport, Ruan.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Bulk Liquid Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Bulk Liquid Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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