Asia-Pacific Chemical Distribution Market: Growth Prospects 2024-2032

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $1,500	125 Pages	Triton Market Research	June, 2024	TRTN18869333

Best Price Guarantee
Price	from $1,500
Length	125 Pages
Publisher	Triton Market Research
Published Date	June, 2024
SKU	TRTN18869333

Asia-Pacific Chemical Distribution Market: Growth Prospects 2024-2032

As per Triton’s research report, the Asia-Pacific chemical distribution market is estimated to progress in terms of revenue at a CAGR of 6.01% during the forecast period 2024-2032.

As per the Chemical Industry Journal, the Asia-Pacific chemical industry was the largest contributor to GDP, accounting for 45% of the industry’s total annual economic value in previous years. Tapping this potential, the International Council of Chemical Associations (ICCA) recently announced the start of a Capacity Building Hub under the ‘Beyond 2020’ framework in this region. By offering an online platform for stakeholders, these initiatives aim to engage in capacity-building efforts, particularly in nations where knowledge sharing on the sound management of chemicals is most needed. Thus, collaborated efforts within this industry significantly influence the APAC chemical distribution market.

China leads with major market share, recording $118.31 billion in 2023.

According to industry sources, profits of major Chinese chemical companies fell by 47% in the first half of 2023, indicating a tough time for the chemical industry.

However, leading in the production of chemicals on a global scale, manufacturers have a significant advantage in their domestic market. In 2022, China represented 44% of global chemical production and 46% of capital investment in the industry.

Despite its current challenges, investments by Western chemical companies reflect confidence in the long-term growth prospects of China’s chemical distribution market.

Chemical Distribution Market Forecast for Japan

Japan revised its Chemical Substances Control Law (CSCL) in April 2023, wherein the manufacturers and importers now provide more detailed information on the toxicity, environmental fate, and exposure pathways of chemical substances to the Ministry of Economy, Trade and Industry (METI). The revision also introduced new requirements for the registration, labeling, and packaging of certain chemical substances. These changes are expected to improve the safety and environmental impact of chemical distribution in the country, which further contributes to the demand for chemical distribution.

The chemical distribution market is segmented by end-use. Based on end-use, it is further classified into commodity chemicals and specialty chemicals. The former is used for manufacturing other chemicals on a large scale. Soda ash, chlorine, caustic soda, carbon black, calcium carbonate, and other substances are examples of inorganic commodity chemicals.

The key companies in the market include Safic Alcan, Barentz, Helm Ag, Caldic BV, ICC Industries Inc, Univar Solutions Inc, Omya International Ag, Azelis Group NV, Brenntag Se, Manuchar Nv, Ter Chemicals Gmbh & Co Kg, Manuchar Nv, and Jebsen & Jessen Ingredients.

Univar Solutions Inc, headquartered in Downers Grove, Illinois, is a leading chemical distribution company offering a wide range of industrial chemicals, ingredients, and specialty services. Its extensive portfolio includes inorganic compounds, acids and bases, alcohols, glycols, surfactants, and general chemicals. The company serves diverse markets such as agriculture, mining, personal care, oil and gas, coatings and adhesives, food ingredients, environmental sciences, pharmaceuticals, and water treatment. It operates across North America, Latin America, Europe, the Middle East, Africa, and Asia.

Latest from the Company:

In 2022, the company announced the opening of its latest Solution Center in Essen, Germany. This facility serves as the flagship for Europe and acts as a central hub in the company’s global hub-and-spoke model of innovation.

1. Asia-pacific Chemical Distribution Market - Summary
2. Industry Outlook: 2.1. Impact Analysis On The Chemical Distribution Market; 2.1.1. Covid-19 Impact On The Chemical Distribution Market; 2.2. Porter’s Five Forces Analysis; 2.2.1. Threat Of New Entrants; 2.2.2. Threat Of Substitutes; 2.2.3. Bargaining Power Of Buyers; 2.2.4. Bargaining Power Of Suppliers; 2.2.5. Threat Of Competitive Rivalry; 2.3. Supply Chain Analysis; 2.3.1. Sourcing And Procurement; 2.3.2. Storage And Warehousing; 2.3.3. Transportation And Logistics; 2.3.4. Value-added Services; 2.4. Market Drivers; 2.4.1. Increasing Demand From The Pharmaceutical And Personal Care Sector; 2.4.2. Growing Prevalence Of Online Platforms; 2.5. Market Challenges; 2.5.1. Fluctuating Prices Of Raw Materials; 2.5.2. Growing Environmental & Safety Concerns Affecting Market Growth; 2.6. Market Opportunities; 2.6.1. Rise In E-commerce And Digitalization; 2.6.2. Specialization And Value-added Services; 2.7. Analyst Perspective
3. Asia-pacific Chemical Distribution Market– By End-use: 3.1. Commodity Chemicals; 3.1.1. Industrial Manufacturing; 3.1.2. Electricals & Electronics; 3.1.3. Automotive & Transportation; 3.1.4. Textiles; 3.1.5. Downstream Chemicals; 3.1.6. Other Commodity Chemicals; 3.2. Specialty Chemicals; 3.2.1. Pharmaceuticals; 3.2.2. Textiles; 3.2.3. Consumer Goods; 3.2.4. Industrial Manufacturing; 3.2.5. Agriculture; 3.2.6. Construction; 3.2.7. Automotive & Transportation; 3.2.8. Other Specialty Chemicals
4. Asia-pacific Chemical Distribution Market – By Country Outlook: 4.1. Asia-pacific; 4.1.1. Market By End-use; 4.1.2. Country Analysis; 4.1.2.1. China; 4.1.2.1.1. China Chemical Distribution Market Forecast & Prospects; 4.1.2.2. Japan; 4.1.2.2.1. Japan Chemical Distribution Market Forecast & Prospects; 4.1.2.3. India; 4.1.2.3.1. India Chemical Distribution Market Forecast & Prospects; 4.1.2.4. South Korea; 4.1.2.4.1. South Korea Chemical Distribution Market Forecast & Prospects; 4.1.2.5. Asean Countries; 4.1.2.5.1. Asean Countries Chemical Distribution Market Forecast & Prospects; 4.1.2.6. Australia & New Zealand; 4.1.2.6.1. Australia & New Zealand Chemical Distribution Market Forecast & Prospects; 4.1.2.7. Rest Of Asia-pacific; 4.1.2.7.1. Rest Of Asia-pacific Chemical Distribution Market Forecast & Prospects
5. Competitive Landscape: 5.1. Univar Solutions Inc; 5.1.1. Overview; 5.1.2. Service Portfolio; 5.1.3. Key Strengths; 5.1.4. Key Challenges; 5.2. Helm Ag; 5.2.1. Overview; 5.2.2. Service Portfolio; 5.2.3. Key Strengths; 5.2.4. Key Challenges; 5.3. Brenntag Se; 5.3.1. Overview; 5.3.2. Service Portfolio; 5.3.3. Key Strengths; 5.3.4. Key Challenges; 5.4. Barentz; 5.4.1. Overview; 5.4.2. Service Portfolio; 5.4.3. Key Strengths; 5.4.4. Key Challenges; 5.5. Azelis Group Nv; 5.5.1. Overview; 5.5.2. Service Portfolio; 5.5.3. Key Strengths; 5.5.4. Key Challenges; 5.6. Safic Alcan; 5.6.1. Overview; 5.6.2. Service Portfolio; 5.6.3. Key Strengths; 5.6.4. Key Challenges; 5.7. Caldic Bv; 5.7.1. Overview; 5.7.2. Service Portfolio; 5.7.3. Key Strengths; 5.7.4. Key Challenges; 5.8. Omya International Ag; 5.8.1. Overview; 5.8.2. Service Portfolio; 5.8.3. Key Strengths; 5.8.4. Key Challenges; 5.9. Ter Chemicals Gmbh & Co Kg; 5.9.1. Overview; 5.9.2. Service Portfolio; 5.10. Icc Industries Inc; 5.10.1. Overview; 5.10.2. Service Portfolio; 5.11. Jebsen & Jessen Ingredients; 5.11.1. Overview; 5.11.2. Service Portfolio; 5.12. Manuchar Nv; 5.12.1. Overview; 5.12.2. Service Portfolio
6. Research Methodology & Scope: 6.1. Research Scope & Deliverables; 6.2. Sources Of Data; 6.3. Research Methodology
Tables List: Table 1: Asia-pacific Chemical Distribution Market, By End-use, 2024-2032 (In $ Billion); Table 2: Asia-pacific Chemical Distribution Market, By Commodity Chemicals, 2024-2032 (In $ Billion); Table 3: Asia-pacific Chemical Distribution Market, By Specialty Chemicals, 2024-2032 (In $ Billion); Table 4: Asia-pacific Chemical Distribution Market, By Country Outlook, 2024-2032 (In $ Billion); Table 5: Asia-pacific Chemical Distribution Market, By End-use, 2024-2032 (In $ Billion)
Figures List: Figure 1: Porter’s Five Forces Analysis; Figure 2: Supply Chain Analysis; Figure 3: Asia-pacific Chemical Distribution Market, By End-use, 2023 & 2032 (In %); Figure 4: Asia-pacific Chemical Distribution Market, By Commodity Chemicals, 2024-2032 (In $ Billion); Figure 5: Asia-pacific Chemical Distribution Market, By Commodity Chemicals, 2023 & 2032 (In %); Figure 6: Asia-pacific Chemical Distribution Market, By Industrial Manufacturing, 2024-2032 (In $ Billion); Figure 7: Asia-pacific Chemical Distribution Market, By Electricals & Electronics, 2024-2032 (In $ Billion); Figure 8: Asia-pacific Chemical Distribution Market, By Automotive & Transportation, 2024-2032 (In $ Billion); Figure 9: Asia-pacific Chemical Distribution Market, By Textiles, 2024-2032 (In $ Billion); Figure 10: Asia-pacific Chemical Distribution Market, By Downstream Chemicals, 2024-2032 (In $ Billion); Figure 11: Asia-pacific Chemical Distribution Market, By Other Commodity Chemicals, 2024-2032 (In $ Billion); Figure 12: Asia-pacific Chemical Distribution Market, By Specialty Chemicals, 2024-2032 (In $ Billion); Figure 13: Asia-pacific Chemical Distribution Market, By Specialty Chemicals, 2023 & 2032 (In %); Figure 14: Asia-pacific Chemical Distribution Market, By Pharmaceuticals, 2024-2032 (In $ Billion); Figure 15: Asia-pacific Chemical Distribution Market, By Textiles, 2024-2032 (In $ Billion); Figure 16: Asia-pacific Chemical Distribution Market, By Consumer Goods, 2024-2032 (In $ Billion); Figure 17: Asia-pacific Chemical Distribution Market, By Industrial Manufacturing, 2024-2032 (In $ Billion); Figure 18: Asia-pacific Chemical Distribution Market, By Agriculture, 2024-2032 (In $ Billion); Figure 19: Asia-pacific Chemical Distribution Market, By Construction, 2024-2032 (In $ Billion); Figure 20: Asia-pacific Chemical Distribution Market, By Automotive & Transportation, 2024-2032 (In $ Billion); Figure 21: Asia-pacific Chemical Distribution Market, By Other Specialty Chemicals, 2024-2032 (In $ Billion); Figure 22: China Chemical Distribution Market 2024-2032 (In $ Billion); Figure 23: Japan Chemical Distribution Market 2024-2032 (In $ Billion); Figure 24: India Chemical Distribution Market 2024-2032 (In $ Billion); Figure 25: South Korea Chemical Distribution Market 2024-2032 (In $ Billion); Figure 26: Asean Countries Chemical Distribution Market 2024-2032 (In $ Billion); Figure 27: Australia & New Zealand Chemical Distribution Market 2024-2032 (In $ Billion); Figure 28: Rest Of Asia-pacific Chemical Distribution Market 2024-2032 (In $ Billion)