The global chemical distribution market size is expected to be worth around US$ 380.5 billion by 2030, according to a new report by Vision Research Reports.
The global chemical distribution market size was valued at US$ 250.1 billion in 2020 and is anticipated to grow at a CAGR of 8.4% during forecast period 2021 to 2030.
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Report Coverage
| Report Scope | Details |
| Market Size | USD 380.5 Bllion by 2030 |
| Growth Rate | CAGR of 8.4% From 2021 to 2030 |
| Base Year | 2021 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Product, End-use |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Univar AG; Helm AG; Brenntag AG; Azelis Holdings SA; IMCD Group; BASF SE; Biesterfeld AG |
Growth Factors
Increasing consumption of chemicals across end-use industries such as construction, pharmaceutical, polymers, and resins coupled with high complexity in reaching the customers is likely to drive the opportunities for chemical distributors over the coming years.
Increasing globalization is anticipated to encourage small and large manufacturing companies undergo strategic alliances with international players to achieve structural efficient cost, market share and competitive advantage to serve their global consumers in a better way. Chemical producers are adopting acquisition as a key strategy to enhance their consumer reach and strengthen their supply chain.
Key Players
Market Segmentation
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