Global Chemical Distribution Market Overview
Chemical Distribution Market accounted for USD 245.1 Billion in 2020 and is estimated to be USD 441.2 Billion by 2030 and is anticipated to register a CAGR of 6.1%.
Chemical distribution is unit to transport and storage packaged and bulk chemicals. Chemical distributers present across the world are undertaking sustainable activities for safe transportation of chemicals and materials, thereby building authority among chemical suppliers. With the chemicals industry taking up innovative actions to counter the slowdown in the supply chain system, the global chemical distribution market is registering a decent growth in its valuation.
Global Chemical Distribution Market Drivers & Restraints
Demand for Bulk Products
Rising demand for reachable supply chain network among consumers has significantly driven the global chemical distribution market. Growth in the demand for chemicals in various end-use industries, such as automotive, construction, electronics, infrastructure, and pharmaceuticals, is also remarkably boosting the growth in the target market. The demand for specialty and bulk products from several industries, such as construction, oil and gas, and petroleum, is likely to fuel the need for chemical distribution in the near future.
Strategic alliances and acquisitions
Increasing globalization is expected to drive small and large manufacturing companies to undertake strategic alliances with international players to achieve market share, structural efficient cost, and competitive advantage to serve their global consumers in a better way. Chemical manufactures are undertaking acquisition as a key strategy to improve their consumer reach and enhance their supply chain. Several regulatory authorities such as the National Association of Corporate Directors (NACD) confirms the establishment of safety standards for transportation and distribution of products across North America, whereas Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) guides the safety standards in Europe.
However, rising environmental and safety concern for chemical distribution may hamper the growth of the global market
Global Chemical Distribution Market Segmentations & Regional Insights
Chemical distribution market is segmented based on type, application, and region.
On the basis of type, the chemical distribution market is segmented into pipelines, containers, barrels, and sacks. Based on application, the target market is segmented into oil and petroleum, cosmetics, food, textile, paint, building construction, and agriculture.
Regional Insights:
On region the chemical distribution market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America leads the chemical distribution market in terms of overall revenue generated in this market. Further, along with the massive demand-supply rebalancing and feedstock benefits stirring the market growth is likely to dominate this region over the next few years. Europe is projected to witness a steady growth in the demand for chemicals in the near future, which, in turn, is expected to attract heavy investments from manufactures. Constant improvement and development in the manufacturing sector is also expected to drive the growth in the regional chemical distribution market. Asia Pacific is likely to witness a high-paced growth over the forecast period, with the presence of large number of chemical companies shifting their bases to developing economies of Asia Pacific. The significant growth in number of third-party distributors will also boost on the growth of this regional chemical distribution market.
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020 – 2030 |
Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
Market Segmentation |
By Type- Pipelines, Containers, Barrels, and Sacks By Application – Oil and Petroleum, Cosmetics, Food, Textile, Paint, Building Construction, and Agriculture |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global chemical distribution market report based on type, application, and region.
Chemical Distribution Market, By Type:
- Pipelines
- Containers
- Barrels
- Sacks
Chemical Distribution Market, By Application:
- Oil and Petroleum
- Cosmetics
- Food
- Textile
- Paint
- Building Construction
- Agriculture
Chemical Distribution Market, By Region:
- North America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- U.S.
- Canada
- Middle East & Africa
Global Chemical Distribution Market Competitive Landscape & Key Players
The key players operating the chemical distribution market includes Helm AG, Univar Inc., Brenntag AG, Azelis Holding S.A., ICC Chemicals, Inc., Nexeo Solution Holding LLC, Barentz B.V., Omya AG, Jebsen & Jessen Offshore Pte. Ltd. TER Group, Solvadis, and Ashland, Inc.
Global Chemical Distribution Market Company Profile
- Helm AG
- Ashland, Inc
- Solvadis
- TER Group
- Jebsen & Jessen Offshore Pte. Ltd
- Omya AG
- Barentz B.V.
- Nexeo Solution Holding LLC
- ICC Chemicals, Inc.
- Azelis Holding S.A.
- Brenntag AG
- Univar Inc.
Global Chemical Distribution Market Highlights
FAQs
Chemical distribution market is segmented based on type, application, and region.
Rising demand for reachable supply chain network among consumers has significantly driven the global chemical distribution market.
North America is expected to account major market share as compared to that of other regions.
The key players operating the chemical distribution market includes Helm AG, Univar Inc., Brenntag AG, Azelis Holding S.A., ICC Chemicals, Inc., Nexeo Solution Holding LLC, Barentz B.V., Omya AG, Jebsen & Jessen Offshore Pte. Ltd. TER Group, Solvadis, and Ashland, Inc.