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The Global 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) - Global Forecast to 2027”, is expected to be valued at  21,504.7 Million Tons in terms of volume by 2027, exhibiting a CAGR of 3.2% during the forecast period (2020-2027), as highlighted in a report published by Coherent Market Insights.


Dry bulk is a commodity, which is shipped in large amounts and unpackaged situation by a bulk carrier. Generally, these dry bulk commodities are classified as 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. There are many transport companies which are specialized in dry bulk delivery. Dry bulk commodity is highly regulated in transport, the effect of an accident can cause badly to the environment. Iron ore is found in nature in the form of rocks, usually mixed with other elements, all forms of iron ore undergoes the various industrial processes. Steel industry is one the largest consumer of iron ore in the world. Iron ore is major bulk commodity with the largest volume trade in seaborne trade, over coal and grain. It comprises almost. Iron ore is the main bulk in a dry bulk commodity which contributes more than 30% in world seaborne trade of dry bulk.

The global Bulk Terminals Market was accounted for 16,548.1 Mn Tons in terms of volume in 2019 and is expected to grow at CAGR of 3.2% for the period 2020-2027.

Market Driver

Growing requirement of minor and grain bulks is expected to drive growth of the global bulk terminals market during the forecast period

Despite current slowdown in the global seaborne trade, the minor bulk trade expanded significantly. According to Coherent Market Insights’ analysis, global minor bulk traded expanded up to 1.74 billion tons. According to the same source, the manufacturing of steel and forest products accounted for 43% of minor bulk trade. Moreover, metals and minerals accounted for 37% followed by agricultural products, which is 20% of the minor bulk trade. Rising population, increasing urbanization combined with construction, and manufacturing activities are expected to boost the demand for minor bulk commodities in the near future. Thus, these factors are expected to boost the global bulk terminals market growth over the forecast period.

Market Opportunity

Significant investment activities by major players can provide lucrative opportunities in the near future

Key players in the market are focused on investment activities, in order to expand product portfolio. For instance, in August 2016, APM Terminals planned to invest USD $70 Mn for the development of infrastructure and facilities at Port Elizabeth terminal in order to accommodate more vessels. Moreover, in April 2016, Ports America Inc. invested around US$141 Mn for extension of services on Husky Terminal in Tacoma.

Market Restraint

Growing shift towards renewable energy sources is expected to hinder the global bulk terminals market growth over the forecast period

According to EIA, the global demand for coal is estimated to grow by 0.8% till 2040 majorly driven by the fragmented demands in various developing countries. While, the major consumers such as China, Japan, South Korea, and the U.S are estimated to reduce the overall coal consumption by 2040. Furthermore, economic slowdown, restructuring of industries, and new energy & environmental policies have reduced the coal consumption in China, leading to more centralized and cleaner use of coal. The significant decline in coal trade volume by major consumers and rising global preference for energy generation through renewable energy is expected to hinder the global bulk terminals market growth in the near future.

Market Trends

  1. Increasing shift towards floating terminals for liquid bulk

Countries such as Jordan, Pakistan, and Egypt commenced the import of LNG in 2015. These countries have set up floating LNG receiving terminals in order to avoid costs associated with setting up traditional onshore terminals. Thus, the adoption of floating LNG terminals is expected to increase, especially in countries with relatively lower import volumes.

  1. Adoption of automation in bulk terminals

Decent storage of various types of bulks according to its grade, quality, customer, and time of delivery along with appropriate safety is a major concern associated with management of bulk terminals. In order to deal with all these issues and reduce the operations time and cost, several bulk terminal operators are adopting automation in their facilities. Various companies like DBIS (TAREX corp.), Central Systems & Automation Ltd., Solvo Ltd., CyberLogitec, Netherlands-based TBA, and many other electromechanical companies offer integrated hardware and software solutions for bulk terminal automation. The bulk terminal automation solution includes the intelligent integration of software and mechanical devices, which works on feedback and command system in order to perform the given task. Also, proper inventory management, record keeping, automatic scheduling, and safety features are some other major aspects of terminal automation system.

Competitive Section

Major companies involved in the global bulk terminals market are 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.


Market Taxonomy:

  1. By Bulk Type
  • Dry Bulk
  • Grain
  • Coal
  • Iron ore
  • Others
  • Liquid Bulk
  • Oil
  • Gas
  1. By Region
  • Latin America
  • Europe
  • Asia Pacific
  • MEA
  • North America
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