Rising demand of chemical distribution driven by the surging customer demand for services and reachable supply chain model is driving the global chemical distribution market.
Chemical distributors supply chemicals from producers to end users for various applications such as manufacturing soap, cosmetic, personal care products, lubricants, and also used in pharmaceutical; and food and beverage industry. Therefore, growing demand by end users and easy access to products result in growth of chemical distribution market.
Growing awareness among the consumers related to high value addition products and customer service offerings lead to highly intense competition in global market of chemical distribution.
Global Chemical Distribution Market is forecasted to grow at a CAGR of 5.56% during 2016 – 2021F, on account of rising consumption of chemicals and their applicability.
APAC region remains the major market followed by Europe in the actual period. In the forecast period, APAC region will continue to witness strong growth driven by the countries such as India and China.
According to Publisher research report, Global Chemical Distribution Market: Trends, Opportunities and Forecasts (2016-2021), Global Chemical Distribution market is projected to exhibit a CAGR of over ~5.56% during 2016 – 2021. On the basis of market segment, Global Chemical Distribution Market has been segmented on basis of type (Specialty Chemical Distribution and Commodity Chemical Distribution) and regional basis – APAC, Europe, North America, South America, Middle East and Africa.
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Scope of the Report
The report provides coverage by Types:
- By Chemical Distribution Type
Specialty Chemical Distribution
Commodity Chemical Distribution
The report provides coverage by Region:
- North America
- South America
- Middle East & Africa
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