The global third-party chemical distribution market size reached US$ 280.6 billion in 2023. The market is projected to reach US$ 395.2 billion by 2032, exhibiting a growth rate (CAGR) of 3.88% during 2023-2032. The increasing demand for specialized chemicals in various industry verticals, rapid globalization of the chemical industry, and increasing complexity and specialization of the chemical industry represent some of the key factors driving the market.
Third-party chemical distribution refers to a business model under which a company acts as an intermediary between chemical manufacturers and end-users. The third-party distributor purchases bulk chemicals from manufacturers and resells them in smaller quantities to a wide range of end-users, such as manufacturers, laboratories, and other businesses that require chemicals in their operations. Third-party chemical distributors provide various services, such as logistics, storage, transportation, and safety training, to ensure that the chemicals are handled and delivered safely and efficiently. They also provide technical expertise and support to their customers, helping them to select the appropriate chemicals for their needs and providing guidance on proper handling and storage. This business model is commonly used in the chemical industry as it allows manufacturers to focus on producing chemicals and outsource the distribution and sales activities to specialized organizations that can offer a broader range of services and reach a wider customer base. It also allows end-users to benefit from the expertise and support of the third-party distributor while avoiding the costs and risks associated with purchasing and handling large volumes of chemicals.
Third-party chemical distribution refers to a business model under which a company acts as an intermediary between chemical manufacturers and end-users. The third-party distributor purchases bulk chemicals from manufacturers and resells them in smaller quantities to a wide range of end-users, such as manufacturers, laboratories, and other businesses that require chemicals in their operations. Third-party chemical distributors provide various services, such as logistics, storage, transportation, and safety training, to ensure that the chemicals are handled and delivered safely and efficiently. They also provide technical expertise and support to their customers, helping them to select the appropriate chemicals for their needs and providing guidance on proper handling and storage. This business model is commonly used in the chemical industry as it allows manufacturers to focus on producing chemicals and outsource the distribution and sales activities to specialized organizations that can offer a broader range of services and reach a wider customer base. It also allows end-users to benefit from the expertise and support of the third-party distributor while avoiding the costs and risks associated with purchasing and handling large volumes of chemicals.
Third-Party Chemical Distribution Market Trends
One of the primary factors driving the market is the increasing demand for specialty chemicals in various industry verticals, such as electronics, pharmaceuticals, and agriculture. Third-party chemical distribution offers technical expertise and support to help consumers select appropriate chemicals as per their needs. Additionally, the globalization of the chemical industry and the increasing complexity and specialization of the chemical industry are positively influencing the market growth. Besides this, the increasing importance of supply chain visibility and traceability is propelling the market growth. In line with this, technological advancements, such as automation, artificial intelligence, and the Internet of Things (IoT), are enabling more efficient and streamlined supply chain management, thus reducing costs and increasing overall productivity. Apart from these factors, the rise of e-commerce is leading to increased competition and more scope for third-party chemical distribution market. Furthermore, the handling and storing of chemicals require strict regulations to ensure the safety of workers and the environment, due to which third-party chemical distributors offer the necessary expertise and facilities to ensure compliance with these regulations. Moreover, various manufacturers and consumers are seeking out distributors who focus on sustainability and environmental responsibility in their operations, thus resulting in the emergence of new business models and services that focus on reducing waste, increasing efficiency, and minimizing environmental impact.Key Market Segmentation:
The report provides an analysis of the key trends in each segment of the global third-party chemical distribution market, along with forecasts at the global, regional, and country levels from 2023-2032. The report has categorized the market based on type and application.Type Insights:
- Commodity Chemicals
- Coatings
- Adhesives
- Sealants and Elastomers
- Agrochemicals
- Construction Chemicals
- Specialty Polymer and Resins
- Others
- Specialty Chemicals
- Plastics and Polymers
- Synthetic Rubbers
- Explosives
- Petrochemicals
- Others
Application Insights:
- Textiles
- Automotive and Transportation
- Agriculture
- Pharmaceuticals
- Industrial Manufacturing
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global third-party chemical distribution market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Azelis Holdings SA, Biesterfeld AG, Brenntag SE, HELM AG, ICC Chemical Corporation (ICC Industries Inc.), IMCD NV, Jebsen & Jessen Group, Manuchar NV, Obegi Chemicals LLC, Protea Chemicals, Reda Chemicals, Sea Land Chemical Co., Stockmeier Chemie GmbH & Co. KG, Univar AG, etc.Key Questions Answered in This Report:
- How has the global third-party chemical distribution market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global third-party chemical distribution market?
- What is the impact of each driver, restraint, and opportunity on the global third-party chemical distribution market?
- What are the key regional markets?
- Which countries represent the most attractive third-party chemical distribution market?
- What is the breakup of the market based on the type?
- Which is the most attractive type in the third-party chemical distribution market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the third-party chemical distribution market?
- What is the competitive structure of the global third-party chemical distribution market?
- Who are the key players/companies in the global third-party chemical distribution market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Third-Party Chemical Distribution Market
6 Market Breakup by Type
7 Market Breakup by Application
8 Market Breakup by Region
9 Drivers, Restraints, and Opportunities
11 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Azelis Holdings SA
- Biesterfeld AG
- Brenntag SE
- HELM AG
- ICC Chemical Corporation (ICC Industries Inc.)
- IMCD NV
- Jebsen & Jessen Group
- Manuchar NV
- Obegi Chemicals LLC
- Protea Chemicals
- Reda Chemicals
- Sea Land Chemical Co. Stockmeier Chemie GmbH & Co. KG
- Univar AG
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 142 |
| Published | January 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 280.6 Billion |
| Forecasted Market Value ( USD | $ 395.2 Billion |
| Compound Annual Growth Rate | 3.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 13 |
