Global Third-Party Chemical Distribution Market Growth 2023-2029

Global Third-Party Chemical Distribution Market Growth 2023-2029

The chemical distribution process involves the sale, logistics and transportation of chemicals.Chemical distributors provide customers with value-added services such as blending, blending, packaging, formulation, inventory management and waste removal.Third-party chemical distributors are worldwide.In this report, we analyzed 23 suppliers, including Univar, Brenntag, HELM, Nexeo Solutions, IMCD, Azelis, Biesterfeld, ICC Chemical, Jebsen&Jessen, Stockmeier Chemie, Hydrite, Barentz International, Petrochem Middle East, Protea Chemical,Reda Chemicals, Solvochem Holland, Obegi Chemicals, Manuchar, Ai nahda international Chemical, Sinochem Plastics, Connell Brothers, Chemstation Asia and Redox, etc.All of these dealers are important suppliers to the industry.In 2018, the 23 companies' combined sales revenue was $51.8 billion, accounting for 23 percent of total global sales revenue.The industry has low market concentration.Asia Pacific, North America and Europe are three important regions with great market potential.According to our research, asia-pacific is the largest sales region outside China, with sales revenue of $65.9 billion in 2018, or 28%.Europe is the second largest sales region.Sales in Europe rose from $53.2 billion in 2014 to $58.9 billion in 2018, with an average growth rate of 2%.Global third-party chemical distribution revenues grew from $191.1bn in 2014 to $229.4 billion in 2018, a compound annual growth rate of 3%.The most important reason is the benefits and cost reduction brought by the global third-party distribution to the enterprises. In 2017-2018, the chemical prices started to rise, so the third-party chemical distribution enterprises have more profit space.In the future, we expect global revenues to increase.By 2025, the market will reach $335.5 billion.The world's top five chemical distribution companies control less than 16 per cent of the global market.Many manufacturers find it difficult to develop effective sales models for small customers.In particular, manufacturers are finding it difficult to provide the sales, customer service and technical support needed to support these small customers.Small customers consume 20 to 40 per cent of the chemicals ($bb0.25 million in annual sales).Chemical distribution companies increasingly see their marketing, sales and distribution functions as a source of competitive advantage in servicing this segment of the market.Companies that have highly complex relationships with a large number of distributors require significant resources to manage and result in duplication of effort and resources.Manufacturers may seek to reduce the number of distributors they use and establish strategic partnerships with distributors who can invest in market development and information exchange.This will be the main trend in the future.
LPI (LP Information)' newest research report, the “Third-Party Chemical Distribution Industry Forecast” looks at past sales and reviews total world Third-Party Chemical Distribution sales in 2022, providing a comprehensive analysis by region and market sector of projected Third-Party Chemical Distribution sales for 2023 through 2029. With Third-Party Chemical Distribution sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Third-Party Chemical Distribution industry.
This Insight Report provides a comprehensive analysis of the global Third-Party Chemical Distribution landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Third-Party Chemical Distribution portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Third-Party Chemical Distribution market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Third-Party Chemical Distribution and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Third-Party Chemical Distribution.
The global Third-Party Chemical Distribution market size is projected to grow from US$ 267140 million in 2022 to US$ 388550 million in 2029; it is expected to grow at a CAGR of 388550 from 2023 to 2029.
Global Third-Party Chemical Distribution key players include Brenntag, Univar, HELM, IMCD, etc. Global top four manufacturers hold a share about 15%.
China is the largest market, with a share about 30%, followed by Europe, and North America, both have a share over 40 percent.
In terms of product, Coating Chemicals is the largest segment, with a share over 10%. And in terms of application, the largest application is Secondary Dealer, followed by End User.
This report presents a comprehensive overview, market shares, and growth opportunities of Third-Party Chemical Distribution market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Phamaceutical
Agricutural Chemicals
Personal Care
Costing Chemical
HI&I
Food Additive
Other
Segmentation by application
End User
Secondary Distributors
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Univar
Brenntag
HELM
Nexeo Solutions
IMCD
Azelis
Biesterfeld
ICC Chemical
Jebsen & Jessen
Stockmeier Chemie
Hydrite
Barentz International
Petrochem Middle East
Protea Chemical
Reda Chemicals
Solvochem Holland
Obegi Chemicals
Manuchar
Anichem Group
Sinochem Plastics
Connell Brothers
Chemstation Asia
Redox
Key Questions Addressed in this Report
What is the 10-year outlook for the global Third-Party Chemical Distribution market?
What factors are driving Third-Party Chemical Distribution market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Third-Party Chemical Distribution market opportunities vary by end market size?
How does Third-Party Chemical Distribution break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.