The constant increase in the operation of shipping industry and terminal management requires high economic and human life risks. The bulk terminal operations includes stevedoring of various unpacked materials that have volatile fumes or micro-particles that get mixed in air contaminating the environment, flammable or possess high risk of spoilage. Several governments and health and safety departments have set rules and regulations for their respective countries.
MARKET SCOPE
The "Global Bulk Terminals Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of Bulk Terminals market with detailed market segmentation by bulk type, application, and geography. The global Bulk Terminals market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Bulk Terminals market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on bulk type, the market is segmented as dry and liquid
- The market on the basis of application, the market is segmented into Food and Beverage, Coal Industry, Oil and Gas, Other.
MARKET DYNAMICS
Drivers:
- Increasing trade of natural gas is expected to drive growth of the global bulk terminals market.
- Growing demand for grain and minor bulks
Restraints:
- Strict regulatory policies and norms are expected to restrain growth of the market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Bulk Terminals market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porters five force analysis highlighting factors factors affecting the Bulk Terminals market in these regions.
IMPACT OF COVID-19 ON BULK TERMINALS MARKET
The outbreak of the COVID-19 has severely impacted the manufacturing and construction, and other related industries. The emergence of COVID-19 virus across the globe which led to lockdown scenarios has led to unprecedented series of border closures across the globe. This disruption in global supply chain is expected to leave an impact on the industry through till mid-2021. However, demand for manufacturing and construction related products such as bulk terminals has remained unaffected as the budgets for defense related projects had been allocated prior to the pandemic. The use of bulk terminals for enhanced role in industrial infrastructure, wherein they ensure safe and efficient movement of critical resources are creating further opportunity for the Bulk Terminals market in post-pandemic scenarios.
MARKET PLAYERS
The report covers key developments in the Bulk Terminals market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Bulk Terminals market are anticipated to lucrative growth opportunities in the future with the rising demand for Bulk Terminals in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Bulk Terminals market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- APM TERMINALS
- CHINA MERCHANTS PORT HOLDINGS CO. LTD
- HPC HAMBURG PORT CONSULTING GMBH
- ESSAR PORTS
- HES INTERNATIONAL B.V
- PORTS AMERICA, INC.
- ULTRAMAR GROUP
- BROEKMAN LOGISTICS
- BRUKS SIWERTELL GROUP
- ROYAL HASKONINGDHV