Chemical Distribution Market Strengths and Weaknesses of the Key VendorsPosted by Nicky Arora on December 4th, 2019 The global Chemical Distribution Market size is projected to reach USD 317.47 billion by 2025, expanding at a CAGR of 5.7% from 2018 to 2025, according to a new report by Grand View Research, Inc. The chemicals industry is adopting innovative solutions to address impeding factors in the supply chain system. An efficient and optimum supply channel is critical for industry growth. Growing concerns regarding safety during transportation of hazardous materials have made distributors to carry out sustainable practices in their operations to maintain credibility among suppliers. Carbon emission reduction is one of the first priorities of distributors. M&As by multinational distributors can be perceived as consolidating efforts and have largely been influential in achieving economies of scale and focus on specialized sales strategies, and rationalizing distributor base. Increasing sales of specialty businesses and innovations in development of green building blocks are key factors driving the industry growth. Compared to emerging markets, the impact of this factor is higher in developed economies due to technological sophistication in R&D efforts by domestic producers. Commodities, such as polymers and petroleum distillates, contributed over USD 115 billion in revenues for the year 2017. During the same period, CASE (coatings, adhesives, sealants and elastomers) segment was valued at over USD 40 billion. High demand from end-use industries, such as automotive, construction and pharmaceuticals, is likely to drive the segment. Descriptive Sample Copy @ https://www.grandviewresearch.com/industry-analysis/chemical-distribution-market/request/rs1 Further key findings from the study suggest:
Grand View Research has segmented the global chemical distribution market on the basis of product, end use, and region: Chemical Distribution Product Outlook (Revenue, USD Million, 2007 - 2025)
o CASE o Agrochemicals o Electronic o Construction o Specialty Polymers & Resins (SPR) o Flavor & Fragrances o Personal Care Active Ingredients (PCAI)
o Plastics & Polymers o Synthetic Rubber o Explosives o Petrochemicals o Others Chemical Distribution End-use Outlook (Revenue, USD Million, 2007 - 2025)
o Automotive & Transportation o Construction o Agriculture o Industrial Manufacturing o Consumer Goods o Textiles o Oil & Gas Mining o Healthcare & Pharmaceuticals o Food Processing
o Downstream Chemicals o Textiles o Automotive & Transportation o Electrical & Electronics o Industrial Manufacturing o Others About Grand View Research: Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. Grand View Research database is used by the world's renowned academic institutions and Fortune 500 companies to understand the global and regional business environment. Our database features thousands of statistics and in-depth analysis on 46 industries in 25 major countries worldwide. Contact: Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105 United States Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Like it? Share it!More by this author |