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Analysis on the scale and development trend of global hazardous chemicals logistics market in 2022--- The conflict between Russia and Ukraine may affect the development of global hazardous chemical lo

Views: 3     Author: Site Editor     Publish Time: 2022-05-23      Origin: Site

Analysis on the scale and development trend of global hazardous chemicals logistics market in 2022--- The conflict between Russia and Ukraine may affect the development of global hazardous chemical logistics

Chemical product logistics is divided into five modes of transportation

Hazardous chemicals refer to highly toxic chemicals and other chemicals that have the properties of poisoning, corrosion, explosion, combustion and combustion-supporting, etc., and are harmful to human body, facilities and environment. From the classification of hazardous chemical logistics, it is mainly divided into road transportation, railway transportation, waterway transportation, shipping transportation and pipeline transportation.

Global refining capacity remains stable in 2021

Hazardous chemicals are chemical products obtained by further chemical processing in the refining process. According to data from the World Energy Agency (IEA), global crude oil processing capacity and total crude oil processing volume showed an upward trend from 2015 to 2019. Due to the impact of the global epidemic in 2020, the global crude oil processing volume in 2020 was 78.90 million b/d, down 8.36% year on year. Global refinery crude oil processing is expected to rebound in 2021 as the pandemic gradually improves, with the IEA estimating global crude oil processing at 83.40 MMBPD in 2021.

The global volume of hazardous chemicals exceeded 3.8 trillion euros

With the adjustment of the industrial structure of the global chemical industry, the global chemical enterprises show the development trend of super-large scale and centralized plant, and the chemical production center gradually shifts to Asia. According toMethylhydrazine suppliers - Yuanfarchemicals the Statistics of the European Chemical Industry Council (CEFIC), the size of the global chemical market exceeded 3.35 trillion euros in 2018, with a compound growth rate of 5.29% from 2008 to 2018. Although COVID-19 swept the world in 2020, due to the importance of hazardous chemical production in the industrial chain, the scale of hazardous chemicals will continue to increase, but the growth rate will decrease slightly, exceeding 3.8 trillion euros in 2021, with a year-on-year growth of 4.2%.

The size of the global hazardous chemicals logistics market exceeds 1 trillion euros
With the decline of the scale growth of the global hazardous chemical industry, the hazardous chemical logistics industry is also affected. According to the data disclosed by CIOT Hazardous Chemical Logistics Branch, in 2021, China's hazardous chemical logistics accounted for about 26% of the total amount of hazardous chemical industry, and the market size of the global hazardous chemical logistics industry was estimated to exceed 1 trillion euros.

The russia-Ukraine dispute may further affect the development of the global hazardous chemical logistics industry
At present, the global hazardous chemical logistics industry is greatly affected by upstream supply. At the beginning of 2022, due to the geopolitical situation, international oil prices and European gas prices fluctuate violently, and petrochemical prices rise in response. The supply of dangerous chemicals has been seriously affected.

The Russia-Ukraine dispute in February 2022 had a dramatic impact on the global chemical industry. Russia is rich in oil and gas production, accounting for 11% of the world's oil consumption, 17% of the world's gas consumption and 40% of Western Europe's gas consumption as of 2021. In the future, several rounds of sanctions imposed by Western European countries on Russia will have a drastic impact on global hazardous chemical production, thus further affecting the development of global hazardous chemical logistics industry.

YUANFAR CHEMICAL have been engaged in chemical business since 2001, and has our own factories  manufacturing hydrazine product

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