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Global Third-Party Chemical Distribution Market is Projected to Reach 317.53 billion USD by 2024

Author: QYResearch | Publish date: 2018-05-30 | Views: 53
Global total revenue of third-party chemical distribution varied from 226.61 billion USD in 2013 to 213.17 billion USD in 2017, with a CAGR of -1.22%. The most important reason is that chemical product price decreased from 2013 to 2016, which result that market gross of chemical suppliers decreased and sales revenue of distributors decreased. In 2017, chemical product price started to improve, which have a optative impact on third-party chemical distribution market. In the future, we predict that global revenue will increase. By 2024, this market will be 317.53 billion USD.

The industry is concentration, the key brand include Univar, Brenntag, HELM, Nexeo Solutions, IMCD, Azelis, Biesterfeld, ICC Chemical, Jebsen & Jessen, Stockmeier Chemie, Hydrite, Barentz International, Petrochem Middle East, Protea Chemical, Reda Chemicals, Solvochem Holland, Obegi Chemicals, Manuchar, Anichem Group, Sinochem Plastics, Connell Brothers, Chemstation Asia and Redoxand so on. Among them, Univar and Brenntag are the leaders.


The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow upward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.


The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.


The Global Third-Party Chemical Distribution Market Research Report 2017 report released by QYResearch provides a basic overview of the Third-Party Chemical Distribution industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.


The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Third-Party Chemical Distribution industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.


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