Press release
Chemical Distribution Market Global Outlook 2021-2027: Brenntag AG, Helm AG, Univar Inc., O-mya AG
Rising demand for specialty chemicals in various industries would be another growth driver in the chemical distribution market. These specialty products are majorly consumed by end-users like construction, electronics, cosmetics, agriculture, etc. The global construction industry spending is likely to increase from about USD 9 trillion in 2014 to over USD 14 trillion by 2025.The demand for chemical distribution market will gain considerable traction with the constant pressure of bringing product innovations and higher performance of materials across a multitude of industries. Chemicals are widely utilized across manufacturing processes of food, drinks, cosmetics, cars, detergents, and paints and to maintain different machinery and equipment, including industrial cleaners, cutting oils, belt dressings, and multi-purpose solvents.
It is quite challenging for the chemical suppliers to keep a track of their multiple customers, especially their small and mid-sized accounts as well as process all the deals by themselves. In order to bridge this gap and simplify these route-to-market concerns, there is a noticeable hike in the number of chemical distribution companies across the world.
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Specialty chemicals are more functional than basic components and are highly-priced. They are ordered in smaller volumes as they come from a limited number of sources. Noting these factors, the distribution of specialty chemicals accounts for technical expertise, marketing, and sales competence as well as application know-how. The low order volumes also push the specialty chemicals distributors towards outsourcing their supply chain infrastructure solutions to selected third parties, while paying for the services they need in contrary to investing in fixed assets.
The market for commodity chemical distribution solutions could grow at a remarkable pace as they are mainly directed towards supply chain infrastructure and high scale efficiencies. Due to their basic nature, lower prices, and ease of availability from numerous sources that have a common specification, they are distributed in high volume capacities. However, on account of their asset-intensive characteristics, and lower technical expertise, commodity chemical distributors are attracting a relatively lesser customer demand in comparison to the specialty distributors.
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Main Chemical Distribution Market Players:
• Brenntag AG
• Helm AG
• Univar Inc.
• O-mya AG
• Nexeo Solutions
• Stockmeier Group
• Azelis
• Biesterfeld AG
• IMCD
• Royal Vopak N.V.
• Global Chemical Resources
• KPL International Limited
• Azelis
• Parchem
Chemical Distribution Market, By Product, 2014-2025 (USD Million)
• Specialty chemicals
• Commodity chemicals
Chemical Distribution Market, By End-user, 2014-2025 (USD Million)
• Construction
• Automotive & transportation
• Electronics
• Medical & Pharmaceutical
• Agriculture
• Packaging
• Energy
• Food & beverage
• Textile
• Others
Get More News:
https://www.marketwatch.com/press-release/global-coated-paper-market-research-report-2021-with-top-key-players-upm-ltd-verso-corporation-burgo-group-spa-more-2021-05-14
https://www.marketwatch.com/press-release/wood-adhesives-and-binders-market-global-industry-analysis-size-share-growth-trends-and-forecast-2016-2024-2021-05-14
https://www.openpr.com/news/2283685/global-automotive-part-cleaners-degreasers-market-swot
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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