Press release
Chemical Distribution Market to be Worth USD 379.25 billion by 2028| Top Companies: Univar Inc., HELM AG, Brenntag AG, ICC Industries, Inc.
The chemical distribution market is expected to witness market growth at a rate of 5.6% in the forecast period of 2021 to 2028 and is expected to reach USD 379.25 billion by 2028. Data Bridge Market Research report on chemical distribution market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the consumption of chemicals across end-use industries such as construction, pharmaceutical, polymers, and resins is escalating the growth of chemical distribution market.Chemical Distribution is known to be the transport and storage of packaged and bulk chemicals. These are frequently distributed through containers, pipelines, barrels and sacks. Chemical industry produces several chemicals like raw materials for industrial sectors, which includes cosmetics, oil and petroleum, food, paint, textile, building construction and agriculture.
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Major factors that are expected to boost the growth of the chemical distribution market in the forecast period are the rise in the need of the services such as mixing, blending, packaging, inventory management and supply chain network. Furthermore, the growing utilization of bulk and speciality chemicals by oil, gas and petroleum industries is further anticipated to propel the growth of the chemical distribution market. Moreover, the rising attention of high quality products due to the shift in the consumer demand is further estimated to cushion the growth of the chemical distribution market. On the other hand, the need of manufacturers on distributors for safe delivery of loose and non-bulk chemical materials is further projected to impede the growth of the chemical distribution market in the timeline period.
In addition, high complexity in reaching the customers will further provide potential opportunities for the growth of the chemical distribution market in the coming years. However, the handling of several logistics necessities comprising of custom amalgamation and repackaging might further challenge the growth of the chemical distribution market in the near future.
Competitive Landscape and Chemical Distribution Market Share Analysis
The chemical distribution market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the chemical distribution market.
Key Market Competitors Covered in the report
Univar Inc.
HELM AG
Brenntag AG
ICC Industries, Inc.
Barentz International B.V.
Azelis S.A.
Omya AG
Biesterfeld AG
Safic-Alcan
STOCKMEIER Group
REDA Chemicals
Ashland
BASF SE
Jebsen & Jessen Pte Ltd.
Quimidroga
TER HELL & CO. GMBH
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This chemical distribution market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the chemical distribution market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Chemical Distribution Market Scope and Market Size
The chemical distribution market is segmented on the basis of product and end use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of product, the market is segmented into specialty chemicals, commodity chemicals. Speciality chemicals is further sub segmented into case, agrochemicals, electronic, construction, specialty polymers & resins, others. Commodity chemicals is further sub segmented into plastic & polymers, synthetic rubber, explosives, petrochemicals and others.
On the basis of end use, the chemical distribution market is segmented into specialty chemicals and commodity chemicals. Speciality chemicals is further sub segmented into automotive & transportation, construction, agriculture, industrial manufacturing, consumer goods, textiles, others. Commodity chemicals is further sub segmented into downstream chemicals, textiles, automotive & transportation, electrical & electronics, industrial manufacturing, others.
Chemical Distribution Market Country Level Analysis
The chemical distribution market is analysed, and market size, volume information is provided by country, product and end use as referenced above.
The countries covered in the chemical distribution market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the chemical distribution market due to the rise in the production of activities. Furthermore, the increase in the per capita disposable income will further boost the growth of the chemical distribution market in the region during the forecast period. North America is projected to observe significant amount of growth in the chemical distribution market due to the increasing manufacturing capacities by major chemical companies. Moreover, the various planned facilities which is further anticipated to propel the growth of the chemical distribution market in the region in the coming years.
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