The chemical carrier sector has been suffering over recent years from limited growth in demand and stagnant freight rates. However, the past year has seen a turn around in the industry, with increased economic activity and an increase in the demand for chemicals funding trade and shipping demand expansion. The rapidly expanding Chinese market has dominated the recent growth for chemical carrier demand, as import volumes continue to increase, with Indian demand also rising significantly.

 This has brought about a change in market dynamics, with an increased focus on intra-regional imports/exports. Future developments will continue to centre on the build up of petrochemical capacity in Asia as well as Latin America,  with some additional limited growth in the established industrialised markets of the US and Western Europe. Long-haul shipping demand over the forecast period to 2015 is expected to depend heavily on Middle East petrochemical expansions, based on low-cost feedstock, primarily targeting expanding import markets in Asia. The significance of traditional back-haul trades such as vegetable oils and inorganic chemicals is set to rise over the forward period, supporting the development of niche markets alongside fully integrated services.

This Report examines the implications of recent fleet developments on the forward market, in conjunction with a background of expanding demand in Asia as well as structural change among the major chemical trades. The Report not only analyses the changes in supply and demand during the recent past, but also examines likely developments through to 2015. Included in the Report are detailed analyses and forecasts in the areas of: Trade volumes and patterns for major individual products;

Import/export details for individual chemicals;
Fleet development;
Vessel operating costs;
Vessel freight rates;
Aggregate demand and supply;
Vessel profitability.

This Report provides invaluable independent analyses on the future development prospects for all aspects of the chemical carrier sector. It represents the most up to date and comprehensive examination of the chemical shipping industry, and is essential reading for all parties with an interest in this sector

For more infromatin kindly visit
http://www.bharatbook.com/Market-Research-Reports/Chemical-CarriersMarket-Prospects-to-2015.html