Global Chemical Distribution Market was valued at USD 252.1 billion in 2020 which is expected reach 365.21 billion by 2027 at a CAGR 5.3% from 2021-2027.
Chemical Distribution is defined as the transport & storage of bulk and packaged chemicals. These are often distributed through containers, pipelines, barrels and sacks. Chemical industry produces various chemicals such as raw materials for industrial sectors, which incorporates oil & petroleum, cosmetics, textile, food, paint, building construction and agriculture. The portfolio of distributors across the globe includes a variety of specialty & commodity chemicals.
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The Global Chemical Distribution Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North America region dominated the global chemical distribution market. North American chemical industry is one of the most consolidated markets with the top distributors such as Brenntag, Univar, and IMCD collectively holding around 30%-40% market share in 2020. However, the chemical distribution market is expected to witness accelerated capital investment by international chemical producers due to continued labor market upgrading, easy availability of credit, and access to abundant feedstock.
Various key players are listed in this report such as Univar Inc., Helm AG, Brenntag AG, ICC Chemicals Inc., Nexeo Solution Holding LLC, Omya AG, Azelis Holding S.A., Jebsen & Jessen Offshore Pvt. Ltd., TER Group, etc.
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- Specialty Chemicals
- Specialty Polymers & Resins
- Commodity Chemicals
- Plastic & Polymers
- Synthetic Rubber
- Oil & Gas
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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