Chemical distribution refers to the process of sourcing, transporting, storing, and selling chemicals to various industries and consumers. It involves a network of suppliers, distributors, wholesalers, and retailers who work together to ensure that chemicals reach their intended users efficiently and safely.
The chemical distribution market consists of sales, by entities (organizations, sole traders or partnerships), of chemical distribution solutions that encompass a wide range of services, including procurement, handling, storage, and transportation of chemicals.
The global chemical distribution market was valued at $221,444.8 million in 2018 which grew till 2023 at a compound annual growth rate (CAGR) of more than 4.5%.
Rapid Growth In Urbanization
During the historic period, the rapid growth in urbanization supported the growth of the chemical distribution market. Urbanization refers to the process of population migration from rural areas to urban or metropolitan areas, leading to the growth and expansion of cities. Global urbanization is rising due to several interrelated reasons, such as population increase, migration from rural to urban regions, industrialization, and economic development. Chemical distribution companies can benefit significantly from urbanization by growing their client base, diversifying their product offerings, and streamlining their supply chains, all of which can increase their business's expansion and profitability in metropolitan areas. According to the data published in September 2021 by the United Nations Department of Economic and Social Affairs, 4.46 billion people resided in urban areas in 2021. By 2050, this number will increase to 6.68 billion, with 2.22 billion more people living in urban areas. Therefore, the rapid growth in urbanization drove the growth of the chemical distribution market.
Strategic Collaborations and Partnerships Fostering Growth and Expansion in Chemical Distribution
Companies in the chemical distribution market are focusing on strategic collaborations and partnerships to strengthen their market position, enhance product offerings, and expand their geographic reach. Through these partnerships, companies can take advantage of emerging technologies, integrate complementary skills, and reach emerging markets. For instance, in February 2024, Nordmann, a Germany-based chemical distribution company, entered into a strategic partnership with the WeylChem Group, a Germany-based chemical company. The collaboration facilitates the distribution of Velvetol bio-based polyols, environmentally friendly alternatives to petroleum-based polyols, supporting sustainability efforts by reducing reliance on fossil fuels in polyurethane systems and offering manufacturers the opportunity to enhance performance and sustainability profiles.
The global chemical distribution market is fairly fragmented, with a large number of players operating in the market. The top ten competitors in the market made up to 19.2% of the total market in 2022
Chemical Distribution Global Market Opportunities And Strategies To 2033 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global chemical distribution market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for chemical distribution? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The chemical distribution market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider chemical distribution market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by product, by type and by end-user..
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario- The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the chemical distribution market.
- Global Market Size And Growth- Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis- Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by product, by type and by end-user in the market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
- Regional Market Size and Growth- Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions- Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for chemical distribution providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Product: Specialty Chemical; Commodity Chemical
- 1a) Commodity Chemical By Product: Performance Chemicals; Bulk Chemicals
- 3) By Type: Pipelines; Containers; Barrels; Sacks
- 4) By End-User: Transportation; Construction; Agriculture; Pharmaceuticals; Industrial Manufacturing; Personal Care; Food; Other End-Users
- Companies Mentioned: Brenntag AG; Univar Solutions Inc.; Tricon Energy; Nagase & Co.; Caldic B.V.
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; Italy; Spain; UK; Russia
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; chemical distribution indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.