Chemical Wholesaling in the US - Industry Market Research Report

Chemical Wholesaling in the US - Industry Market Research Report

  • June 2021 •
  • 39 pages •
  • Report ID: 198878 •
  • Format: PDF
Chemical makeup: Renewed demand from the manufacturing and construction sectors will likely boost industry revenue

Abstract

Chemical Wholesaling in the US
As a key intermediary between chemical manufacturers and downstream industry, the Chemical Wholesaling industry plays an important role in the chemical supply chain. Operators in this industry buy chemicals from manufacturers and redistribute them as raw materials to manufacturers of products that require chemical inputs. Consumer spending has increased, leading many manufacturing-related industries to increase production and purchase more chemicals. However, a drastic decrease in crude oil prices led to operators reducing top-line selling prices of industry products. The industry is projected to experience strong demand from the manufacturing and construction sectors, which, in conjunction with recovering oil prices, will drive up revenue.

This industry wholesales chemicals and related products, including compressed gas, chemical additives and synthetic rubber, to the manufacturing, construction and mining industries. This industry does not wholesale agricultural or medicinal chemicals, paints or varnishes, fireworks or plastics materials.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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