Dublin, Nov. 06, 2018 (GLOBE NEWSWIRE) -- The "Barge Transportation Market Size, Share & Trends Analysis Report By Type Of Cargo (Dry, Liquid, Gaseous), By Barge Fleet (Covered, Open, Tank), By Barge Activities, By Application, And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.

The global barge transportation market size is anticipated to reach USD 140.62 billion by 2025, rising at a CAGR of 3.4% during the forecast period.

The market is projected to witness significant growth over the forecast period, thanks to growing intermodal transportation in several industries including petrochemicals, crude oil, and food processing. Several initiatives undertaken by various governments to encourage inland water transport and continued investments being made by various governments to develop inland water transport infrastructure. North America is expected to offer tremendous growth opportunities for the barge transportation market owing to presence of several barge manufacturers and service providers, growing exports and imports, and abundance of waterways.

Barge transportation can be considered a cost-effective and high-capacity mode of transportation as compared to other modes of transport, such as road, rail, and air. Barges can support higher loads and ensure safety, particularly when it comes to transportation of large volumes of cargos. As a result, adoption of barges is expected to increase over the forecast period.

Increasing spending on research and development activities and subsequent advancements in technology are resulting in development of technologically advanced barges. LNG-fired barges are emerging as an environmentally-friendly alternative for conventional barges powered by diesel engines. Advancements in communication and navigation technologies coupled with growing adoption of IoT and other smart technologies are triggering the efficiency and safety factor of barges.

The barge transportation market remains highly vulnerable to developments in the end-use industries, particularly the crude oil and petrochemicals industries. The growth in the petrochemical industry and emerging opportunities in ethanol production are expected to positively influence the growth of the market. For instance, Kirby Corporation has recently acquired Higman Marine, Inc. owing to increasing opportunities in petrochemical and ethanol transportation activities.

Further key findings from the report suggest:

• The demand for barges is projected to increase significantly in line with growth in economy and rising demand for petrochemicals
• The demand for tank barges is rising due to increasing demand for crude oil and growing production of ethanol. Burgeoning output of shale oil in the U.S. is expected to increase adoption of barges for transportation
• Barge manufactures are focusing on developing technologically advanced products that can ensure safety of cargo throughout the transportation
• The dry cargo segment is expected to hold the largest market share and expand at a CAGR of 2.9% from 2018 to 2025
• The liquid cargo segment is projected to grow at the highest CAGR over the forecast period.
• A large number of barge manufacturers are located in North America and Europe, as these regions have well developed waterways. The two regions account for sizeable cumulative share in the global market
• Key players in the market include Campbell Transportation Company, Inc.; Alter Logistics; American Commercial Lines LLC; Heartland Barge; and Kirby Corporation; SEACOR Marine Holdings Inc.

Key Topics Covered:

Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources

Chapter 2 Executive Summary
2.1 Barge transportation - Industry Snapshot & Key Buying Criteria, 2014 - 2025
2.2 Global Barge Transportation Market, 2014 - 2025
2.2.1 Barge transportation market regional insights
2.2.1.1 North America
2.2.1.2 Europe
2.2.1.3 Asia Pacific
2.2.1.4 South America
2.2.1.5 Middle East & Africa
2.2.2 Barge transportation market type of cargo insights
2.2.2.1 Liquid cargo
2.2.2.2 Gaseous cargo
2.2.2.3 Dry cargo
2.2.3 Barge transportation market barge fleet insights
2.2.3.1 Covered barge
2.2.3.2 Open barge
2.2.3.3 Tank barge
2.2.4 Barge transportation market application insights
2.2.5 Barge transportation market barge activities insights

Chapter 3 Barge transportation Industry Outlook
3.1 Market Segmentation
3.2 Market Size & Growth Prospects
3.3 Barge Transportation Market - Value Chain Analysis
3.4 Market Dynamics
3.5 Market driver analysis
3.5.1 Barge transportation - key market driver impact
3.5.1.1 Increasing demand for the petrochemicals and rise in the chemical exports
3.5.1.2 Growing need for energy-efficient transportation
3.5.1.3 Rising demand for barges with large capacities to transport commodities in bulk
3.5.1.4 Stringent measures taken by the government regarding spillage, environmental damage, and causalities
3.6 Market restraint analysis
3.6.1 Barge transportation - Key market challenge impact
3.6.1.1 Constant decline in the coal usage
3.6.1.2 Changing weather conditions and longer delivery times
3.7 Market challenge analysis
3.7.1 Oversupply of barges
3.8 Penetration & Growth Prospect Mapping
3.9 Barge transportation - Porter's Five Forces Analysis
3.10 Barge transportation - PEST Analysis

Chapter 4 Barge Transportation Market by Type of Cargo Outlook
4.1 Barge Transportation Market Share, By Type of Cargo, 2017 & 2025
4.1.1 Liquid cargo barge transportation market, 2014 - 2025
4.1.2 Gaseous cargo barge transportation market, 2014 - 2025
4.1.3 Dry cargo barge transportation market, 2014 - 2025

Chapter 5 Barge Transportation Market by Barge Fleet Outlook
5.1 Barge Transportation Market Share, By Barge Fleet, 2017 & 2025
5.1.1 Covered barge transportation market, 2014 - 2025
5.1.2 Open barge transportation market, 2014 - 2025
5.1.3 Tank barge transportation market, 2014 - 2025

Chapter 6 Barge Transportation Market by Application Outlook
6.1 Barge Transportation Market Share, By Application, 2017 & 2025
6.1.1 Coal barge transportation market, 2014 - 2025
6.1.2 Crude and petroleum products barge transportation market, 2014 - 2025
6.1.3 Liquid chemicals barge transportation market, 2014 - 2025
6.1.4 Food pulp and other liquids barge transportation market, 2014 - 2025
6.1.5 Agricultural products barge transportation market, 2014 - 2025
6.1.6 Metal ores and fabricated metal products barge transportation market, 2014 - 2025
6.1.7 Pharmaceuticals barge transportation market, 2014 - 2025
6.1.8 Dry and gaseous chemicals barge transportation market, 2014 - 2025
6.1.9 LPG, CNG, and other gaseous products barge transportation market, 2014 - 2025
6.1.10 Electronics and digital equipment barge transportation market, 2014 - 2025
6.1.11 Others barge transportation market, 2014 - 2025

Chapter 7 Barge Transportation Market by Barge Activities Outlook
7.1 Barge Transportation Market Share, By Barge Activities, 2017 & 2025
7.1.1 Intracoastal transportation barge transportation market, 2014 - 2025
7.1.2 Inland water transportation barge transportation market, 2014 - 2025

Chapter 8 Barge transportation Regional Outlook

Chapter 9 Competitive Landscape

• Campbell Transportation Company, Inc
• Alter Logistics
• American Commercial Lines LLC
• Heartland Barge
• Kirby Corporation
• ATS International Services, Inc.
• SEACOR Marine Holdings Inc.
• McAllister Towing and Transportation Co., Inc.
• Bouchard Transportation
• PACC Offshore Services Holdings Ltd. (POSH)

For more information about this report visit https://www.researchandmarkets.com/research/jz7flx/global_140?w=12

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