Global Chemical Distribution Industry

Global Chemical Distribution Industry

  • April 2021 •
  • 185 pages •
  • Report ID: 6031104 •
  • Format: PDF
Abstract:
- Global Chemical Distribution Market to Reach $342.7 Billion by 2027
- Amid the COVID-19 crisis, the global market for Chemical Distribution estimated at US$242.1 Billion in the year 2020, is projected to reach a revised size of US$342.7 Billion by 2027, growing at aCAGR of 5.1% over the period 2020-2027. Commodity Chemicals, one of the segments analyzed in the report, is projected to record 5.1% CAGR and reach US$212.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Specialty Chemicals segment is readjusted to a revised 5.1% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $65.3 Billion, While China is Forecast to Grow at 8.2% CAGR
- The Chemical Distribution market in the U.S. is estimated at US$65.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$72.9 Billion by the year 2027 trailing a CAGR of 8.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

- Select Competitors (Total 47 Featured) -
  • Ashland Inc.
  • Azelis
  • BASF SE
  • Biesterfeld AG
  • Brenntag AG
  • Global Chemical Resources
  • Helm AG
  • ICC Chemicals Inc.
  • IMCD
  • Jebsen & Jessen Pte. Ltd.
  • KPL International Limited
  • Nexeo Solutions
  • Omya AG
  • Parchem Fine & Specialty Chemicals
  • Quimidroga
  • REDA Chemicals
  • Royal Vopak N.V.
  • Safic-Alcan
  • Solvadis Deutschland GmbH
  • Stockmeier Group
  • TER Group
  • Univar Inc.