According to a research report published by Spherical Insights & Consulting, The Global Chemical Distribution Market Size is Expected to Grow from USD 254.3 Billion in 2023 to USD 464.8 Billion by 2033, Growing at a CAGR of 6.22% during the forecast period 2023-2033.

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The meaning of “chemical distribution” describes the bulk packing, storage, and transportation of chemicals. Food, paint, medicine, crop protection, cosmetics, oil and petroleum refiners, and other industries use a variety of raw materials and chemicals that are created by the chemical industry. The chemical industry produces and provides essential raw materials to companies in the manufacturing and industrial sectors. Producers either sell these raw materials directly to consumers or utilize third-party distributors to get them to them. Commodity and specialty chemical distribution by third parties is expected to grow substantially more than direct product sales to end users due to the outsourcing of value-added services such as logistics, packaging, blending, waste removal, inventory management, and technical training. The assistance of chemical distributors in helping chemical companies penetrate new markets contributes to the expansion of the global chemical industry. In the United States, the chemical distribution sector is primarily driven by strong consumer spending power and continuous construction activity. However, chemical distribution and availability to customers may be impacted by supply chain interruptions brought on by natural catastrophes, transportation constraints, and geopolitical unrest, which would restrain the market.

Browse key industry insights spread across 235 pages with 115 Market data tables and figures & charts from the report on the Global Chemical Distribution Market Size, Share, and COVID-19 Impact Analysis, By Type (Specialty Chemicals and Commodity Chemicals), By End User (Automotive, Construction, Oil & Gas, Petroleum, and Other), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

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The commodity chemicals are expected to hold the highest share of the market over the forecast period.

Based on the type, the chemical distribution market is classified into specialty chemicals and commodity chemicals. Among these, the commodity chemicals are expected to hold the highest share of the market over the forecast period. The rising use of these chemicals in a range of end-use industries, such as personal care, automotive, and transportation, is the reason for this, and it may benefit the market environment. The term “fungible” refers to a commodity chemical that has attained total interchangeability. This suggests that there are no differences at all between the goods made by various producers.

The construction segment has the biggest share of the market during the forecast period.

Based on the end user, the chemical distribution market is divided into automotive, construction, oil & gas, petroleum, and others. Among these, the construction segment has the biggest share of the market during the forecast period. The increase in construction activity around the world is the reason for the segment’s growth. The growing need for specialized chemicals in the construction sector, as well as the increasing urbanization and industrialization in developing nations, all fueled the segment’s expansion.

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Asia Pacific is estimated to hold the largest share of the chemical distribution market over the forecast period.

Asia Pacific is estimated to hold the largest share of the chemical distribution market over the forecast period. Throughout the forecast period, it is expected that growing manufacturing activity and a significant increase in per capita disposable income will drive demand. The automotive, electrical, electronics, and construction industries are growing, particularly in countries such as China, India, Malaysia, Vietnam, and Thailand. The production of chemicals in the area is also anticipated to rise sharply as big companies focus on profitable industries. Still, it is expected that foreign chemical companies would increase their capital investment in the market because of continuous labor market improvements, simple access to finance, and a plentiful supply of feedstock.

Europe is predicted to have the highest CAGR growth in the chemical distribution market over the forecast period. The chemical distribution services provide a strong connection for producers to reach out to smaller clients in less developed areas. Chemical distributors’ innovative approaches to supply chain limitations have allowed the market for chemical distribution to grow at a steady pace. The global chemical distribution market is growing at a faster rate because of the increased usage of chemicals in a variety of end-use industries, including textiles, construction, automotive, agriculture, and pharmaceuticals. Additionally, significant advancements in the chemical industry are anticipated to be crucial.

Major key players in the chemical distribution market include Elton Chemicals, Sera Chemicals, ART Chemicals, Donauchem GmbH, Dafcochim Distribution, Afco Solutions, HSH Chemie GmbH Vermont, Bridgexim, Resinex Group, Contilinks Romania SRL, CHErbslöh Polska Sp. Z.o.o, Nordmann Rassmann GmbH, Interallis Chemicals, Ubimedia, Polichem Trade & Shipping SRL, and Others.

Recent Developments

• In April 2024, in India, Rhenus Logistics and chemical distribution business Brenntag unveiled the world’s first entirely electric truck. They will use the car to make their supply chain systems more efficient. 

• In March 2024, Mitsui Chemicals declared that to satisfy the demand for hardeners used in barely yellowing coatings, it has expanded the production capacity at the meta-Xylylene Diisocyanate unit across its Omuta Works. 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the chemical distribution market based on the below-mentioned segments:

Global Chemical Distribution Market, By Type

• Specialty Chemicals
• Commodity Chemicals

Global Chemical Distribution Market, By End-User

• Automotive
• Construction
• Oil & Gas
• Petroleum
• Other

Global Chemical Distribution Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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