Who are the key players in UAE Chemical Logistics Market?

Servochem L.L.C., RSA Global, Petrocheme, DHL and CEVA Logistics are the major companies operating in the UAE Chemical Logistics Market. Read More

What years does this UAE Chemical Logistics Market cover, and what was the market size in 2023?

In 2023, the UAE Chemical Logistics Market size was estimated at USD 10.03 billion. The report covers the UAE Chemical Logistics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the UAE Chemical Logistics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

UAE Chemical Logistics Market Size

Market Size of UAE Chemical Logistics Industry

Study Period	2019 - 2029
Base Year For Estimation	2023
Forecast Data Period	2024 - 2029
Market Size (2024)	USD 10.63 Billion
Market Size (2029)	USD 14.26 Billion
CAGR (2024 - 2029)	6.00 %
Major Players *Disclaimer: Major Players sorted in no particular order

UAE Chemical Logistics Market Analysis

The UAE Chemical Logistics Market size is estimated at USD 10.63 billion in 2024, and is expected to reach USD 14.26 billion by 2029, growing at a CAGR of 6% during the forecast period (2024-2029).

The United Arab Emirates economy rose 7.6% in 2022, nearly double the increase in GDP recorded in 2021 as the Gulf state recovered swiftly from the COVID-19 pandemic. The UAE's foreign trade hit 2.2 trillion dirhams (USD 599 billion) in 2022, up 17% year on year, and it has signed bilateral trade agreements with global partners spanning India, Israel, and Indonesia.

The UAE aims to double the size of its economy by 2031 and diversify away from hydrocarbons. Overall, chemical output in the GCC increased by 2.7% in 2021, reaching 154.1 million tons capacity, owing to a comeback in global demand. With a nine-year compound annual growth rate (CAGR) of 45.1% and 17.8%, respectively, inorganic chemicals and performance polymers and rubbers have led regional historical growth. The good total capacity growth pace will slow to 2.5% in 2022.

Despite the fact that the GCC chemical sector is export-oriented, with 68.8 million tons exported in 2021-22, the area bought 20 million tons, resulting in a positive trade balance of 48.6 million tonnes, up 12% year on year. China and India continue to be the major destinations for GCC chemical exports, accounting for 26% and 14% of overall exports, respectively. Petrochemicals and polymers account for most GCC chemical exports, whereas value-added chemicals are the most often imported chemicals entering the area.

UAE Chemical Logistics Industry Segmentation

Logistics deals with planning, procurement, and implementation of different activities in the overall supply chain. Chemical logistics refers to transportation, delivery solutions, and distribution of chemicals, which also manage the way resources are stored and as well as delivered to end-users. The mode of chemical logistics includes transportation through the sea, road, rail, or airways. The chemical industry provides products for the majority of industries. Liquid or solid chemicals are used to make pharmaceuticals, food, and other everyday items.

A comprehensive background analysis of the United Arab Emirates Chemical Logistics Market, covering the current market trends, restraints, technological updates, and detailed information on various segments and the competitive landscape of the industry. The impact of COVID-19 has also been incorporated and considered during the study.

The United Arab Emirates chemical logistics market is segmented by service (transportation, warehousing, and other services), by end-users (chemical industry, pharmaceutical industry, specialty chemical industry, oil and gas industry, cosmetic industry, and other end users), and by mode of transportation (roadways, railways, airlines, waterways, and pipelines).

The report offers market size and forecasts for the United Arab Emirates chemical logistics market in value (USD) for all the above segments.

By Service
		Transportation
		Warehousing, Distribution, and Inventory Management
		Other Services

By Mode of Transportation
		Roadways
		Railways
		Airways
		Waterways
		Pipelines

By End User
		Pharmaceutical Industry
		Cosmetic Industry
		Oil and Gas Industry
		Specialty Chemicals Industry
		Other End Users

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UAE Chemical Logistics Market Size Summary

The United Arab Emirates chemical logistics market is poised for significant growth, driven by the country's strategic economic initiatives and diversification efforts away from hydrocarbons. The market is expected to expand steadily over the forecast period, supported by the UAE's robust foreign trade activities and bilateral agreements with key global partners. The region's chemical sector, particularly in the Gulf Cooperation Council (GCC), has seen a resurgence in demand, with inorganic chemicals and performance polymers leading the historical growth. Despite being export-oriented, the GCC maintains a positive trade balance, with major exports directed towards China and India. The increasing use of shale gas as a feedstock and advancements in technology are further propelling the industry's expansion, particularly in specialty chemicals, which are gaining traction in industrial applications.

The chemical logistics sector in the UAE is characterized by a high degree of fragmentation, with numerous players operating in the market. The availability of long-term feedstock supply and competitive pricing from national oil companies provides a stable foundation for regional chemical companies. The market is also witnessing a shift towards automation and sustainable practices, with the integration of smart technologies like IoT, AI, and robotics enhancing logistics operations. Recent developments, such as the expansion of RSA Cold Chain's facility and the opening of AquaChemie Group's new terminal, underscore the region's commitment to enhancing its chemical logistics capabilities. These advancements are expected to meet the growing demands of the market and bolster the UAE's position as a key player in the global chemical logistics landscape.

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UAE Chemical Logistics Market Size - Table of Contents

1. MARKET DYNAMICS AND INSIGHTS
1. 1.1 Market Overview
2. 1.2 Market Drivers
  1. 1.2.1 Rise in need to handle and distribute dangerous chemicals
  2. 1.2.2 Increasing demand for chemical logistics due to rising chemical production
3. 1.3 Market Restraints
  1. 1.3.1 Complexities involved during transportation of goods
4. 1.4 Market Oppurtunity
  1. 1.4.1 Introduction of automated material handling equipment, the popularity of global positioning system (GPS)-enabled and radio frequency identification (RFID) based devices
5. 1.5 Value Chain / Supply Chain Analysis
6. 1.6 Porter's Five Forces Analysis
  1. 1.6.1 Bargaining Power of Suppliers
  2. 1.6.2 Bargaining Power of Buyers/Consumers
  3. 1.6.3 Threat of New Entrants
  4. 1.6.4 Threat of Substitute Products
  5. 1.6.5 Intensity of Competitive Rivalry
7. 1.7 Technological Innovations in the industry
8. 1.8 Government Initiatives to Attract Investment in the Industry
9. 1.9 Insights into the 3PL Market (Market Size and Forecast)
10. 1.10 Impact of COVID - 19 on the Industry
2. MARKET SEGMENTATION
1. 2.1 By Service
  1. 2.1.1 Transportation
  2. 2.1.2 Warehousing, Distribution, and Inventory Management
  3. 2.1.3 Other Services
2. 2.2 By Mode of Transportation
  1. 2.2.1 Roadways
  2. 2.2.2 Railways
  3. 2.2.3 Airways
  4. 2.2.4 Waterways
  5. 2.2.5 Pipelines
3. 2.3 By End User
  1. 2.3.1 Pharmaceutical Industry
  2. 2.3.2 Cosmetic Industry
  3. 2.3.3 Oil and Gas Industry
  4. 2.3.4 Specialty Chemicals Industry
  5. 2.3.5 Other End Users