The Barge Transportation Market Research report clarifies the past experience and trends, on the basis of these past experiences, it offers the future prediction considering other factors influencing the growth rate. This worldwide report offers the detailed analysis of the important factors such as market dynamics (DROT), PEST, and PORTER which assists the growth of the Barge Transportation Industry. These past experience and factors assist to build the strategy and future planning of Barge Transportation Market and hold a place in the competitive world.
The Barge Transportation industry Market report offers the competitive scenario in the Barge Transportation industry based on the type of product, applications, and the companies that are present in the Barge Transportation market, and covers the company profiles, their development policies, lined up products and recent launched along with the SWOT analysis of companies.
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This report studies the global Barge Transportation market status and forecast, categorizes the global Barge Transportation market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, China, Japan, South Korea, India and other regions (Southeast Asia, Central & South America, and Middle East & Africa)
A barge is a flat-bottomed base used for carrying a huge capacity of heavy goods through waterways. A single barge can carry goods with capacity of above 1,500 tons at once which is far more than that of railcars or trucks.
Huge capacity of the barges is expected to drive the growth of market during the forecast period. In addition, one of the major drivers for this market is Growth in world seaborne trade, especially for ethanol transportation. The global ethanol production is witnessing an upward growth after a slight decline in 2012. The US and Brazil are the major ethanol producers. Both the countries held 84%-86% of the global ethanol production in 2016. Rising demand of petrochemical shipments across the globe and increasing crude oil demand especially from developed countries which include US and Japan will further escalate the growth of barge transportation market share over the next few years. North America barge transportation market is anticipated to grow at highest CAGR of over 5% resulted from high demand for petrochemical shipments from the region. Asia Pacific barge transportation market is expected to maintain its position over the forecast period on account of rapid industrialization and increasing population.
The global Barge Transportation market is valued at 160000 million US$ in 2017 and will reach 316500 million US$ by the end of 2025, growing at a CAGR of 8.9% during 2018-2025.
The major manufacturers covered in this report
Ingram Marine Group
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
The study objectives of this report are:
To study and analyze the global Barge Transportation market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Barge Transportation market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Barge Transportation manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Barge Transportation with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Barge Transportation submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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