Bulk terminals market

Q: Which region held the largest market share in the market in 2021?

Asia Pacific held the largest share in the market in 2021. Read more

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, APAC and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

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Jan 2023
CMI3898
130 Pages
Excel & Pdf
Automotive and Transportation

Summary

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.

The Global Bulk Terminals Market was valued for US$ 17411.5 Mn in 2021 is expected to exhibit a CAGR of 3.5% % during the forecast period.

Recent Developments:

In March 2022, HES International B.V., an independent bulk handling company acquired OBA Group, a provider of international transportation services, with this acquisition HES International B.V. will strengthen their dry bulk portfolio by further investing in infrastructure for handling Agri & Minerals and storage of products.
In October 2020, APM Terminals and Poti New Terminals Corporation (PNTC) has signed an agreement for the cooperative construction of a new bulk cargo facility on the northern side of the Poti Sea Port.

Bulk Terminals Market Report Coverage

Report Coverage	Details
Base Year:	2021	Market Size in 2021:	US$ 17411.5 Mn
Historical Data for:	2017 to 2020	Forecast Period:	2022 to 2030
Forecast Period 2022 to 2030 CAGR:	3.5%	2030 Value Projection:	US$ 23271.4 Mn
Geographies covered:	North America: U.S. and Canada Latin America: Brazil, Argentina, Mexico, and Rest of Latin America Europe: Germany, U.K., France, Italy, Russia, and Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Middle East and Africa: GCC Countries, South Africa, and Rest of Middle East and Africa
Segments covered:	By Bulk Type: Dry Bulk (Grain, Coal, Iron ore and Others) and Liquid Bulk (Oil and Gas)
Companies covered:	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.
Growth Drivers:	Increasing trade of natural gas is expected to drive growth of the global bulk terminals market during the forecast period Growing demand for grain and minor bulks is expected to propel the global bulk terminals market growth over the forecast period
Restraints & Challenges:	Strict regulatory policies and norms are expected to restrain growth of the global bulk terminals market during the forecast period High capital investment and operational cost is expected to hinder the global bulk terminals market growth over the forecast period

Restraint:

Strict regulatory policies and norms are expected to restrain growth of the global bulk terminals market during the forecast period
High capital investment and operational cost is expected to hinder the global bulk terminals market growth over the forecast period

Global Bulk Terminals Market - Impact of Coronavirus (Covid-19) Pandemic:

Many governments around the globe such as India, Spain, and Italy have imposed nationwide lockdown to prevent the spread of COVID-19 disease. For instance, India has imposed a lockdown from 25 March to 1 May until further notice. Lockdown resulted in a shortage of workers at the ports. Due to the manpower shortage, the ports are struggling to move the cargoes. Moreover, there is also a shortage of transportation facilities such as Trucks and Trains. Owing to the above-mentioned factors, the COVID-19 pandemic is expected to restrain market growth during the year 2020.

Asia Pacific held a dominant position in the global bulk terminals market in 2021

Figure 1: Global Bulk Terminals Market Share (%), By Region, 2021

Statistics:

Asia Pacific region dominated the global Bulk Terminals market in 2021, accounting for a 49.9% share in terms of value, followed by Europe, and North America, respectively.

Figure 2: Global Bulk Terminals Market (US$ Mn) Analysis and Forecast, 2022 - 2030

The Global Bulk Terminals market was valued at US$ 17411.5 Mn in 2021 and is expected to reach US$ 23271.4 Mn by 2030, growing at a CAGR of 3.5% between 2022 and 2030.

Major players operating in the Global Bulk Terminals market include 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.

Table of Content

Table of Contents

*Browse 60 market data tables and 40 figures on "Global Bulk Terminals Market- Global forecast to 2030”.

Segmentation

Detailed Segmentation

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
  - By Bulk Type:
    - Dry Bulk
      - Grain
      - Coal
      - Iron ore
      - Others
    - Liquid Bulk
      - Oil
      - Gas
  - By Country:
    - U.S.
    - Canada
- Europe
  - By Bulk Type:
    - Dry Bulk
      - Grain
      - Coal
      - Iron ore
      - Others
    - Liquid Bulk
      - Oil
      - Gas
  - By Country:
    - Germany
    - Italy
    - U.K.
    - France
    - Russia
    - Rest of Europe
- Asia Pacific
  - By Bulk Type:
    - Dry Bulk
      - Grain
      - Coal
      - Iron ore
      - Others
    - Liquid Bulk
      - Oil
      - Gas
  - By Country:
    - China
    - India
    - Japan
    - Australia
    - South Korea
    - ASEAN
    - Rest of Asia Pacific
- Latin America
  - By Bulk Type:
    - Dry Bulk
      - Grain
      - Coal
      - Iron ore
      - Others
    - Liquid Bulk
      - Oil
      - Gas
  - By Country:
    - Brazil
    - Mexico
    - Argentina
    - Rest of Latin America
- Middle East and Africa
  - By Bulk Type:
    - Dry Bulk
      - Grain
      - Coal
      - Iron ore
      - Others
    - Liquid Bulk
      - Oil
      - Gas
  - By Country/Region:
    - GCC Countries
    - South Africa
    - Rest of Middle East and Africa

- Frequently Asked Questions -

What is the expected market size of the Global Bulk Terminals market in 2030?

The Bulk Terminals market is expected to reach US$ 23271.4 million by 2030

What is the expected compound annual growth rate (CAGR) of the market during the forecast period (2022-2030)?

The market is expected to witness a CAGR of 3.5% during the forecast period (2022-2030).

What is the primary factor contributing to the growth of the market?

Increasing trade of natural gas is expected to drive growth of the market during the forecast period.

Based on End Use, which segment held the largest market share in the Market in 2021?

Industrial segment held the major market share in 2021 owing to the growing demand for water and wastewater and agriculture sectors.

Which region held the largest market share in the market in 2021?

Asia Pacific held the largest share in the market in 2021.

Which sub-segment among Bulk Type held the largest market share in the market?

Dry Bulk sub-segment holds the largest market share among Bulk Type segment contributing to market share in terms of value in 2021.