Global Commodity CTRM Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Commodity CTRM Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

CTRM (Commodity Trading and Risk Management) is the abbreviation of Commodity Trading and Risk Management. It is a comprehensive operation management system for commodity enterprises that integrates enterprise information management and risk management. It is also known as a price risk management solution. CTRM integrates business management and risk management, enabling effective collaboration among business, legal affairs, warehouse management, trading, finance, risk control, auditing and other positions to assist enterprises in improving operational management. Monitor and manage commodity trading risks in real time to reduce losses and improve performance.

Market Overview:

The latest research study on the global Commodity CTRM market finds that the global Commodity CTRM market reached a value of USD 2177.59 million in 2023. It’s expected that the market will achieve USD 2872.99 million by 2029, exhibiting a CAGR of 4.73% during the forecast period.

The value of bulk commodity trade is huge, and small price fluctuations will have a large impact on operating companies' profits and losses and cash flow; at the same time, supply factors, demand factors, warehousing and transportation, monetary policy, geopolitics and other factors will all cause commodity Prices fluctuate wildly. In order to ensure the stability of production and operation cash flow and profits, although the details and development stages of operating practices in different sub-sectors are different, the spot trade of major energy products, industrial metals, mineral products, and agricultural products with large transaction volumes and many participants has gone through a variety of The long-term competition in the pricing model has gradually transitioned to a business model based on spot/futures index pricing and hedging the risk of price fluctuations in physical commodities by participating in on-site futures trading or over-the-counter trading. Exchanges, investment banks, and large traders are the main providers of risk management tools, while exploration and development companies, traders, processing companies, and end consumers are the main end users of risk management tools. Providers of risk management tools and end-users need to establish corresponding organizational structures, management systems, business processes, and assessment mechanisms internally to achieve long-term stable operation of the enterprise.

Commodity CTRM conducts personalized training based on the actual needs of the enterprise, establishes a risk management framework for the enterprise, improves the enterprise's business and risk management awareness from the executive level to the management level to the decision-making level, and understands how risk management can generate huge value in the enterprise, and provides Enterprises bring huge competitiveness, thereby realizing the industrial upgrading of enterprises. There are strong technical and financial barriers. The various technologies used in commodity CTRM applications are complex and require high R&D costs, requiring large initial R&D investment. The diverse needs of downstream customers require commodity CTRM companies to have continuous innovation and design capabilities. Service companies' mastery of technological innovation, software design capabilities and continuous technological innovation capabilities are the main technical barriers to entry into the industry, and technological competition has become the key to competition in the commodity CTRM industry. There are a large number of domestic commodity companies and the trade market is active, but the overall risk control awareness is not strong, and companies have limited capital investment in the construction of risk control IT systems. In general, domestic commodity companies have low levels of informatization and digitalization, poor system construction foundation, and lack of professional risk teams.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects

Company Overview:

ION Group
ION As the leader in treasury and commodity management solutions, ION empowers companies of all sizes across all industries to take complete control of their operations. ION software helps improve decision-making, increase efficiency, simplify complex processes and empower employees. ION enables financial institutions, central banks and enterprises to digitize and automate their most critical business processes.

FIS

FIS is one of the world's most innovative fintechs, powering Fortune 50 companies and the hottest startups. A healthy economy depends on a healthy financial system. This is especially important in today's global economic environment, which is why the world relies on FIS software.

Segmentation Overview:

The main segmentation types of commodity CTRM products are local-based and cloud-based, among which local-based commodity CTRM will occupy a larger market size in 2022, accounting for 91.11%. On-premises servers and databases are stored locally or on designated servers and are controlled by the enterprise. With the help of software vendors, companies can set up a secure environment on their own. Enterprises need to bear the security risks of servers. Cloud-based deployment servers and databases are hosted by software vendors. The company's data security depends on the security management and operation level of the software vendor. Relatively speaking, local deployment is more supportive of one-to-one personalized customized development, while cloud-based deployment systems are updated and iterated rapidly. After the manufacturer releases updates online, all users will use the latest system version and functions. In the future, the market share of cloud-based deployment will continue to rise, rising from 9.27% ​​in 2023 to 12.38% in 2029.

Application Overview:

The bulk commodity CTRM industry can be divided into energy and chemicals, non-rare and precious metals, rare and precious metals, and agricultural and sideline commodities according to application. From the perspective of application fields, energy and chemicals are the largest application market, with the market sales share reaching 69.59% in 2019 and 69.94% in 2022. In 2022, the market shares of non-rare precious metals, rare precious metals, and agricultural and sideline commodities will be 7.66%, 2.70%, and 19.71% respectively. In general, as the downstream application industry's technical requirements for commodity CTRM increase, the market demand for commodity CTRM continues to grow, and the commodity CTRM industry is booming.

Key Companies in the global Commodity CTRM market covered in Chapter 3:

Hitachi
Wuhan Wisdom cloud pole data Technology Co., LTD
Beijing Huarong Qiming Risk Management Technology Co., LTD
Hangzhou Chaosheng Technology Co., LTD
FIS
IGNITE CTRM
ION Group
Hangzhou Gaoda Software System Co., LTD
Brady
Shanghai Kingstar Software Technology Co., LTD
Gen10
Enuit
Amphora
Trayport
Molecule
Inatech

In Chapter 4 and Chapter 14.2, on the basis of types, the Commodity CTRM market from 2019 to 2030 is primarily split into:

cloud based
Based on local

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Commodity CTRM market from 2019 to 2030 covers:

Energy and Chemical
Non-rare precious metals
Rare and precious metals
Agricultural and sideline commodities

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa) Show more