Global Third-Party Chemical Distribution Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Third-Party Chemical Distribution Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Third-Party Chemical Distribution market finds that the global Third-Party Chemical Distribution market reached a value of USD 286060.0 million in 2022. It’s expected that the market will achieve USD 402705.55 million by 2028, exhibiting a CAGR of 5.87% during the forecast period.

Market Challenges

For distributors, the most difficult thing is the price of chemical products. Most of the raw materials for chemical products are derived from petroleum. In recent years, the price of oil has fluctuated, which has greatly affected the output of suppliers. In terms of quotient, the price of incoming goods fluctuates continuously, affecting upstream producers and downstream buyers. The fluctuation of prices may cause chemical products to remain in stock for a long time and cannot be sold normally. After a period of time, distributors can only sell at low prices. The economic benefits of distributors that have affected to a certain extent, making it difficult to provide similar chemical products to downstream customers.

Region Overview:

From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

Brenntag Group is one of the major players operating in the Third-Party Chemical Distribution market, holding a share of 6.11% in 2018.

Brenntag AG, a chemical distribution company, purchases and supplies industrial and specialty chemicals in Europe, the Middle East, Africa, North America, Latin America, the Asia Pacific, and internationally. The company also provides value added services. It serves customers in various end-market industries, such as adhesives, paints, oil and gas, food, water treatment, personal care, and pharmaceuticals.

Univar Inc. distributes commodity and specialty chemical products, and related services worldwide. It offers herbicides, fungicides, insecticides, seeds, micro and macro nutrients, horticultural products, and fertilizers; storage, packaging, and logistics services for crop protection companies; and pest control products and equipment. The company also provides organic, inorganic, and polymer chemistries; enzymes, surfactants, solvents, dispersants, thickeners, bleaching aides, builders, sealants, acids, alkalis, and other chemicals for the manufacture of cleaning products; resins, pigments, solvents, thickeners, dispersants, and other additives; and epoxy resins, polyurethanes, titanium dioxides, fumed silica, esters, plasticizers, silicones, and specialty amines. In addition, it offers thickeners, emulsifiers, sweeteners, preservatives, leavening agents, and humectants, as well as texturizer and fat replacement products that include xanthan gum, locust bean gum, cellulosics, and guar gum; acidulants and alkalis; and supplements and related products. Further, the company provides chemicals and services, as well as specialty blended products for fracture rock and stimulate oil and gas production from the well.

Segmentation Overview:

Among different product types, Manufacturing segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Pharma segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Third-Party Chemical Distribution market covered in Chapter 3:

Ter Group
Petrochem Middle East
Prinova
Stockmeier Chemie
IMCD Group
HELM
DKSH
Safic-Alcan
M.Cassab
Caldic
Aceto
lCC Chemical
Indukern
Hydrite Chemical
Protea Chemicals
Azelis
Nexeo Solutions
Univar
Quantiq
Connell Brothers
Brenntag Group
Biesterfeld
Barentz Europe
Quimidroga

In Chapter 4 and Chapter 14.2, on the basis of types, the Third-Party Chemical Distribution market from 2018 to 2029 is primarily split into:

Mixing
Manufacturing
Technical and Safety Training
Packaging
Waste Removal

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Third-Party Chemical Distribution market from 2018 to 2029 covers:

Pharma
Agriculture
Personal Care
Coatings
HI&I
Chemical Manufacturing
Food Ingredients
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)