Worldwide Dry Bulk Materials Industry to 2030 - Featuring Melvin Orr Trucking, Quality Distribution and Eagle Transport Among Others - ResearchAndMarkets.com

The "Dry Bulk Materials Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global dry bulk materials market as it emerges from the COVID-19 shut down.

The global dry bulk materials market is expected to grow from $284.86 billion in 2020 to $306.53 billion in 2021 at a compound annual growth rate (CAGR) of 7.6%. 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 $389.46 billion in 2025 at a CAGR of 6.2%.

Companies Mentioned

  • Melvin Orr Trucking
  • C.H. Robinson
  • J.B. Hunt Transport Services Inc.
  • YRC Freight
  • Swift Transportation
  • Landstar System Inc.
  • Transpro Burgener
  • Bulkmatic
  • Kenan Advantage Group
  • Quality Distribution
  • Trimac Transportation Services
  • Foodliner/Quest Liner
  • Heniff Transportation Systems
  • AAndR Logistics
  • Superior Bulk Logistics
  • Groendyke Transport
  • Ruan
  • Dupre Logistics
  • Eagle Transport Corp.
  • Martin Transport Inc.
  • Florida Rock And Tank Lines
  • United Petroleum Transports
  • Tankstar USA
  • Coastal Transport Co.
  • Apex Logistics
  • Cliff Viessman Inc.
  • JAndM Tank Lines Inc.
  • Andrews Logistics
  • Grammer Industries
  • Prime Inc.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider dry bulk materials market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The dry bulk materials market section of the report gives context. It compares the dry bulk materials market with other segments of the dry bulk materials market by size and growth, historic and forecast.

The dry bulk materials trucking market covered in this report is segmented by commodity type into iron ore, coal, and pet coke, grains and agricultural products, cement/ aggregates, fertilizers, others, by application into food and beverages, construction, automotive, energy and mining, agriculture, chemicals, others.

Rising demand for raw material for the manufacturing, defense, and infrastructure sectors is driving the growth of the dry bulk material trucking market. This upsurge in demand is attributed to the rise in industrialization, population, and urbanization. For instance, according to the report of the World Bank, the European mineral raw materials industry demonstrated a considerable increase in the production of minerals needed for clean energy technologies. It additionally clarifies the requirement for a wide range of minerals and metals for implementing renewable energy strategies and their related infrastructure. The demand for minerals such as graphite, lithium, and cobalt is expected to be as high as 500% by 2050.

The restrictions on high rates of carbon emissions from dry bulk carrier trucks are expected to limit the growth of the dry bulk material trucking market. According to the United States, Environmental Protection Agency's report of transportation greenhouse gas emissions published in 2018, 23% of greenhouse gases are emitted by heavy-duty trucks which include dry bulk and other materials. These high CO2 emission rates can cause hazardous environmental effects such as ozone depletion, climate change, and others. To control the CO2 release, in May 2018, the EU Commission proposed a regulation setting the first-ever CO2 emission performance standards for new heavy-duty vehicles. The targeted reduction in average CO2 emissions from heavy-duty vehicles in 2025 is likely to be 15% lower than in 2019.

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