Chemical Distribution Market Size - Global Industry, Share, Analysis, Trends and Forecast 2022 - 2030

The Global Chemical Distribution Market Size accounted for USD 253.1 Billion in 2021 and is estimated to achieve a market size of USD 405.4 Billion by 2030 growing at a CAGR of 5.6% from 2022 to 2030. The increased consumption of chemicals in various end-use sectors such as agriculture, automotive, pharmaceuticals, construction, as well as textiles is driving the worldwide chemical distribution market growth to new heights. Furthermore, the integration of cutting-edge technologies among end-use sectors will drive the overall expansion of the chemical distribution market value.

Chemical Distribution Market Report Key Highlights

• Global chemical distribution market revenue is estimated to expand by USD 405.4 billion by 2030, with a 5.6% CAGR from 2022 to 2030.
• Asia-Pacific chemical distribution market share accounted for over 59.1% of total market shares in 2021
• North America chemical distribution market growth will observe fastest CAGR from 2022 to 2030
• Based on product, commodity chemicals segment accounted for over 60.4% of the overall market share in 2021
• Among end-user, construction segment engaged more than 17.8% of the total market share
• Integration of cutting-edge technologies, drives the chemical distribution market size

Chemical distribution involves the storage and transportation of mass and packaged chemicals. These are frequently supplied via pipelines, barrels, containers, and sacks. The chemical business manufactures a wide range of chemicals as raw materials for manufacturing sectors such as oil and petroleum, food, building construction, textile, cosmetics, paint, and agriculture. A wide range of specialty and commodity chemicals are available through distributors worldwide.

Global Chemical Distribution Market Trends

Market Drivers

• Increased demand from various end-use sectors
• Growing utilization of bulk & specialty chemicals
• Rising adoption in agriculture and construction sectors
• Integration of cutting-edge technologies

Market Restraints

• Increasing environmental and safety concerns
• Oscillating prices for raw materials

Market Opportunities

• Growing emphasis on high-quality products
• Increasing consolidation and M&A activity

Chemical Distribution Market Report Coverage

The business is driven by the developing consumer demand for services and a reachable supply chain network. Also, increasing need from end-use enterprises including electronics, construction, infrastructure, automotive, and pharmaceuticals is expected to support the market development. The chemical industry produces and supplies fundamental raw materials to organizations in the industrial and manufacturing sectors. These products can be conveyed to the clients or consumers by pipelines, containers, barrels, sacks, or small packages.

Carbon emission reduction is one of the principal needs of wholesalers. M&As by worldwide merchants can be seen as merging endeavors and have generally been compelling in accomplishing economies of scale and focusing on particular sales strategies and justifying the wholesaler base. Expanding offers of claim-to-fame organizations and advancements being developed of green building squares are key variables driving business development. Contrasted with developing markets, the effect of this factor is higher in developed economies because of technological sophistication in R&D endeavors by household makers.

Chemical Distribution Market Segmentation 

The worldwide chemical distribution market segmentation is based on the product, end-user, and geography.

Chemical Distribution Market By Product

• Specialty Chemical
  • CASE
  • Electronic
  • Agrochemicals
  • Specialty Polymers & Resins (SPR)
  • Construction
  • Flavor & Fragrances
  • Personal Care Active Ingredients (PCAI)
• Commodity Chemical
  • Plastics & Polymers
  • Explosives
  • Synthetic Rubber
  • Petrochemicals
  • Others

According to a chemical distribution industry analysis, the commodity chemicals segment is expected to gain substantial market focus in 2021. The commodity chemicals segment comprises plastics & polymers, explosives, petrochemicals, synthetic rubber, and other products such as bulk fibers, polymers, and basic organic products or aromatics. Commodity compounds led the worldwide supply environment due to their widespread application in a variety of important end-use industries, including construction, electronics, automotive, as well as consumer goods.

Chemical Distribution Market By End-user

• Specialty Chemical
  • Automotive & Transportation
  • Agriculture
  • Construction
  • Consumer Goods
  • Industrial Manufacturing
  • Oil & Gas Mining
  • Textiles
  • Healthcare & Pharmaceuticals
  • Food Processing
• Commodity Chemical
  • Downstream Chemicals
  • Automotive & Transportation
  • Textiles
  • Industrial Manufacturing
  • Electrical & Electronics
  • Others

According to the chemical distribution market forecast, the construction sector leads the market and is predicted to develop significantly in the coming years. This is due to the rapid expansion of the construction and building industries in emerging economies. During the projected period, this category is expected to rise due to rising industrialization and urbanization in developing regions.

Chemical Distribution Market Regional Outlook

North America

• U.S.
• Canada

Europe

• U.K.
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• India
• Japan
• China
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

The Middle East & Africa

• South Africa
• GCC Countries
• Rest of the Middle East & Africa (ME&A)