Bulk Liquid Market Report 2025

The bulk liquid market size has grown strongly in recent years. It will grow from $66.37 billion in 2024 to $71.54 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to shifts in energy consumption, regulatory changes, emergence of petrochemical industry, global trade expansion, industrial revolution impact.

The bulk liquid market size is expected to see strong growth in the next few years. It will grow to $92.26 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to global economic growth, shift in energy demands, environmental regulations, supply chain optimization, market volatility impact. Major trends in the forecast period include shifts in consumer behavior, market volatility impact, risk management & security, infrastructure developments, demand for specialized services.

The increasing production and consumption of chemicals indeed plays a crucial role in driving the demand for the bulk liquid market. As highlighted by the American Chemical Council, the transportation of chemical products via various modes, including rail, truck, and pipelines, is essential for the industry's operations. The forecasted growth in global chemical production, particularly in major markets like China, underscores the expanding need for efficient transportation solutions for bulk liquids. As chemical production ramps up, so does the necessity for logistics that can handle large volumes safely and efficiently. This trend not only supports the growth of the bulk liquid market but also emphasizes the importance of developing infrastructure and technologies that can meet the increasing demand. Consequently, the expansion in chemical production is likely to lead to significant opportunities for companies involved in bulk liquid transportation and related services.

Anticipated growth in international trade is set to drive the expansion of the bulk liquid market. International trade, involving the exchange of goods, services, and capital across national borders, is a critical component of global business. The bulk liquid industry is expected to benefit from and adapt to international trade, as evidenced by the United Nations Conference on Trade and Development's report in June 2023, stating a 1.9% increase in trade in products and a 2.8% rise in the value of global services trade in the first three months of 2023 compared to the last quarter of 2022. The growing landscape of international trade serves as a driving force for the bulk liquid market.

The trucking industry is increasingly adopting electronic logging devices (ELD) to regulate the working hours of drivers. ELDs automatically record driving time and hours of service, capturing essential data on the vehicle's engine, movement, and miles driven. This adoption, driven by digitization and telematics technology, is contributing to market growth. For instance, Geotab Inc. reported in July 2022 that Canada mandates the use of ELD for all commercial motor vehicle drivers to record driver and vehicle activity.

Innovative technologies are becoming a focal point for major companies in the bulk liquid market to gain a competitive edge. Analysis tools, which examine and evaluate data to provide insights and aid in decision-making, are being introduced to enhance competitiveness. For example, in May 2023, Tosca, a company offering reusable packaging services, launched a new life cycle analysis (LCA) tool. This sustainability assessment tool assists companies in selecting the most eco-friendly Intermediate Bulk Containers (IBCs) for liquid transportation, providing detailed data on factors such as greenhouse gas emissions, fossil fuel usage, and water consumption.

In November 2022, Heniff Transportation Systems, LLC., a liquid chemical and food transportation company based in the USA, acquired Coal City Cob Company, Inc. for an undisclosed amount. This strategic acquisition allows Heniff to sustain its industry-leading growth in the chemical sector of the tank truck market. Coal City Cob operates with over 230 drivers and 500 trailers across its nationwide network of terminals, contributing to Heniff's position in the industry. The integration of the two companies aims to enhance customer, employee, and driver satisfaction, emphasizing prompt and effective collaboration between the Heniff and CCC teams. Coal City Cob Company, Inc. specializes in the transportation of liquid and hazardous chemicals for various chemical and pharmaceutical companies.

Major companies operating in the bulk liquid market include Florida Rock & Tank Lines, Prime Inc., Martin Transport Inc., Quality Distribution Inc., Kenan Advantage Group Inc., Apex Logistics, Tidewater Transit Co., Dupre'Logistics LLC, Eagle Transport Corp., Ruan Transportation Management Systems Inc., HeniffTransportationSystemsLLC, GroendykeTransport, Foodliner, A&RLogistics, J&M TankLines Inc., Grammer LogisticsInc., Cliff Viessman Inc., Coastal Transport Co., HermanR.Ewell Inc., CLI Transport LP, Superior Bulk Inc., Tankstar Inc., Trimac Transportation, Andrews Logistics, CCC Transportation LLC, ATOStransportes auto tanques ochoa - ATOSA, Solar Transport, Service Transport Co., Schilli Corp., Liquid Trucking.

Asia-Pacific was the largest region in the bulk liquids market in 2024. North America was the second largest region in the global bulk liquids market share. The regions covered in the bulk liquid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the bulk liquid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Bulk liquids refer to liquids transported in large quantities for commercial purposes, excluding petroleum products. This category includes hazardous chemicals, slurries of raw materials for various industrial applications, and construction materials used in larger industrial operations.

The primary types within the bulk liquids trucking market are edible liquids and non-edible liquids. Edible liquids encompass any liquid that is safe for human consumption. The market is further segmented by properties into flammable and non-flammable, and by end-use into chemicals, dairy, beverages, and other applications.

The bulk liquids market research report is one of a series of new reports that provides bulk liquids trucking market statistics, including global market size, regional shares, competitors with a bulk liquids market share, detailed bulk liquids market segments, market trends and opportunities, and any further data you may need to thrive in the bulk liquids industry. The bulk liquids market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The bulk liquids market consists of sales of hazardous chemicals, cooking oil, and liquid gases. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

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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