Chemical reaction: A resurgence in the UK manufacturing is forecast to support expansion in revenue in 2023-24
The Chemical Product Wholesaling industry distributes many products, including industrial chemicals and gases, essential oils, glues, construction-related products, agrochemical products and fertilisers. Many of these products are intermediates, meaning the industry has a vital role in many value chains, as it distributes a diverse range of items that serve an equally diverse range of downstream industries. These include construction, automotive, pharmaceutical, cosmetics and agrochemical industries. Over the five years through 2023-24, the UK Chemical Product Wholesaler industry is expected to contract at a compound annual rate of 3.9% to £11.9 billion.
Companies in the Chemical Product Wholesaling industry are involved in the wholesale of various industrial chemicals and gases. They also wholesale fertilisers, agrochemical products, glues and essential oils. The industry does not include the activities of commission agents, commodity brokers and other types of wholesalers acting on behalf of others.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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Methodology
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