Transportation Products & Services · Indirect
Monitoring · monthly
Procurement Category Intelligence

Petroleum & Chemical Trucking Services

Overview
Market size
$95.0B
global, USD
CAGR
3.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
4 high severity

Market outlook

2031$111.2B

What changed

Demand by region

North America demand38%
Asia Pacific demand30%
Europe demand20%
Rest of world demand12%
share of global demandtotal 100%

Cost drivers

Driver Wages and Benefits35%
Diesel Fuel25%
Equipment Purchasing and Maintenance20%
Insurance and Liability12%
Regulatory Compliance and Cleanings8%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked