According to Future Market Insights (FMI), the global bulk terminal market is expected to grow from USD 19,641 million in 2024 to USD 28,800 million by 2034, with a projected CAGR of 3.9% during the forecast period.
Bulk terminals play a crucial role in the global logistics and supply chain network by facilitating the storage, handling, and distribution of bulk commodities across various industries. Located at key transportation hubs, these terminals are equipped with specialized infrastructure and handling systems for commodities like crude oil and coal.
Terminal operators are increasingly adopting advanced technologies such as AI and automation to improve operational efficiency, while also ensuring safety and environmental compliance. Key drivers of market growth include industrialization, urbanization, sustainability goals, and evolving regulatory standards.
The bulk terminal market is highly competitive, with changing customer demands and the need for ongoing investment in infrastructure, technology, and workforce development. As a critical element of the logistics sector, bulk terminals support global trade, economic growth, and development.
Key Takeaways from the Report
- The market is projected to thrive at 3.9% CAGR through 2034.
- By bulk type, the dry type segment is set to reach USD 17,138 million by 2034.
- China is projected to reach USD 2,658.2 million by 2034.
- Demand in India is predicted to rise at 4.5% CAGR through 2034.
- By 2034, the United States is set to surge at 2.6% CAGR.
Competitive Landscape
- The global bulk terminal marketis competitive, with leading players accounting for 20% to 25% Thessaloniki Port Authority SA., Global Ports Investments PLC., China Merchants Port Holdings Co. Ltd., Company Limited, and DP World Ltd. are considered to be leading players in the market.
- Key bulk terminal companies are investing in continuous research for producing new products and increasing their production capacity to meet end-user demand. They are also showing an inclination toward adopting strategies, including acquisitions, partnerships, mergers, and facility expansions, to strengthen their footprint.
Leading Bulk Terminal Brands
- Thessaloniki Port Authority SA.
- Global Ports Investments PLC.
- Ports America, Inc.
- China Merchants Port Holdings Co. Ltd.
- APM Terminals
- Euroports Holdings S.à r.l
- Puerto Ventanas S.A.
- HES International B.V.
- Yilport Holding Inc.
- DP World Ltd.
- Noatum Ports, S.L.U.
- Ultramar Group
Key Segments of Bulk Terminals Market
By Bulk Type
- Dry Bulk
- Grain
- Coal
- Iron Ore
- Others
- Liquid Bulk
- Oil
- Gas
By Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Japan
- Middle East & Africa (MEA)
Report Preview: https://www.futuremarketinsights.com/reports/bulk-terminals-market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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