Dry Bulk Materials Market Report 2026

The dry bulk materials market size has grown strongly in recent years. It will grow from $434.45 billion in 2025 to $466.04 billion in 2026 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to growth in mining and construction activities, expansion of agricultural commodity transport, rising demand for raw material movement, availability of dedicated bulk transport fleets, increased industrial production.

The dry bulk materials market size is expected to see strong growth in the next few years. It will grow to $630.49 billion in 2030 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to output growth in infrastructure and energy projects, rising adoption of digital logistics platforms, expansion of environmentally efficient transport solutions, growing demand for real-time shipment visibility, increasing investments in modern bulk transport fleets. Major trends in the forecast period include increasing use of high-capacity bulk transport trucks, rising demand for efficient long-haul logistics, growing adoption of fleet monitoring systems, expansion of specialized bulk transport services, enhanced focus on load safety and compliance.

The increasing amount of waste is expected to boost the growth of the dry bulk materials market going forward. The rapid rise in population and urbanization has led to an increase in the amount of waste which includes both hazardous and non-hazardous waste. While non-hazardous waste is comparatively easier to dispose of, hazardous waste disposal requires immediate attention. Dry bulk materials ensures safe disposal of this waste, which otherwise could pose a risk to the manual handlers and the environment. For instance, in February 2024, according to a report published by UN environment Programme, an Africa based international organization responsible for coordinating responses to environmental issues within the United Nations system reported that, Municipal solid waste generation is predicted to grow from 2.1 billion tonnes in 2023 to 3.8 billion tonnes by 2050. Therefore, the increasing amount of waste is driving the growth of the dry bulk materials market.

Major companies operating in the dry bulk materials market are focusing on leveraging digital governance and safety frameworks such as digital management standards platforms to enhance operational efficiency, safety compliance, and sustainability. Digital management standards platforms are centralized online systems that consolidate industry guidelines, best practices, and compliance tools, enabling capabilities such as standardized procedures, continuous performance improvement, and risk reduction across operations. For instance, in August 2024, Dry Bulk Centre of Excellence (DBCE), a UK- based independent not-for-profit industry organization within the dry bulk shipping industry, launched the Dry Bulk Management Standard (DryBMS) portal, designed to provide ship operators with comprehensive guidance from industry standards and best practices. This initiative aims to reduce incidents, improve operational practices, and promote sustainability across the sector, reflecting the growing emphasis on industry-wide safety systems and continuous development in the dry bulk materials market.

In August 2024, Pangaea Logistics Solutions, a US- based company that specializes in maritime logistics and dry bulk transportation services acquired M.T. Maritime's (MTM) fleet of fifteen handy-sized dry bulk vessels for $193 million. Pangaea Logistics Solutions significantly expanded its owned fleet by nearly 60%, bringing its total to 41 vessels, providing the company with enhanced opportunities for incremental growth. M.T. Maritime's (MTM) U.S.-based company specializes in maritime logistics, dry bulk chartering, and fleet management, focusing on the operation of dry bulk vessels.

Major companies operating in the dry bulk materials market are C.H. Robinson, Transpro Burgener, Bulkmatic Transport, Kenan Advantage Group Inc., Quality Distribution Inc., Trimac Transportation Services Inc., Foodliner Inc., Heniff Transportation Systems LLC, Superior Bulk Logistics Inc., Groendyke Transport Inc., Ruan Transportation Management Systems, Dupre Logistics LLC, Martin Transport Inc., Florida Rock And Tank Lines Inc., Apex Logistics International Inc., Cliff Viessman Inc., Andrews Logistics LP, Prime Inc., Belships ASA, Berge Bulk Singapore Pte. Ltd., Diana Shipping Inc., Freeseas Inc., Genco Shipping and Trading Limited, Globus Maritime Limited, Golden Ocean Group Ltd., Gulf Agency Company Ltd., Star Bulk Management Inc., Western Bulk Management AS, Cargill Incorporated., Archer Daniels Midland Company, Bunge Limited, Louis Dreyfus Company BV.

Asia-Pacific was the largest region in the dry bulk materials market in 2025. North America was the second largest region in the dry bulk materials market. The regions covered in the dry bulk materials market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dry bulk materials market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The dry bulk materials trucking market includes revenues earned by entities by providing transportation service for shipment of heavy goods from one place to another. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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