Global Bulk Liquid Market Overview And Prospects
Learn about the global bulk liquid market through The Business Research Company, which provides information on bulk liquid market size, bulk liquid market drivers and restraints, bulk liquid market players, the COVID-19 impact on the bulk liquid market, and more.
The global bulk liquids market size is expected to grow from $50.65 billion in 2021 to $55.31 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The bulk liquid market is expected to grow to $75.17 billion in 2026 at a CAGR of 8%.
Increasing production and consumption of chemicals drives the demand for the bulk liquids transportation market.
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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.
Global Bulk Liquid Market Segments Include:
By Liquid Type: Edible Liquids, Non-Edible Liquids
By End-Use: Chemical, Dairy, Beverages, Others
By Property: Flammable, Non-Flammable
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the bulk liquids trucking market in 2021.
Electronic Logging Devices (ELD) are increasingly being adopted by the trucking industry to regulate the working hours of 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. Increased digitization and the use of telematics technology are also boosting growth in the market.
TBRC’s bulk liquid market report covers:
Major Market Players: Tankstar USA, Kenan Advantage Group Inc, Foodliner, Quality Distribution, Trimac Transportation Services, Heniff Transportation Systems, A&R Logistics, Superior Bulk Logistics, Groendyke Transport, and 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 (2016-21) and ten years forecast (2022-2026-2031)
The Bulk Liquid Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 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, leading competitor revenues, profiles and market shares.
TBRC’s 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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