Global Third-Party Chemical Distribution Market 2017-2021

Global Third-Party Chemical Distribution Market 2017-2021

About Third-Party Chemical Distribution

The chemical distribution process involves sales, logistics, and transportation of chemicals. Chemical distributors offer value-added services such as blending, mixing, packaging, formulation, inventory management, and waste removal to customers. These distributors source the products from chemical manufacturers and supply them to vendors. The chemicals are transported to other vendors or directly transported to third-party chemical distributors that supply these chemicals to end-users.

Technavio’s analysts forecast the global third-party chemical distribution market to grow at a CAGR of 5.34% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global third-party chemical distribution market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

• Americas
• APAC
• Europe
• MEA

Technavio's report, Global Third-Party Chemical Distribution Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• Brenntag
• HELM
• Univar
• Nexeo Solutions
• IMCD

Other prominent vendors

• Azelis
• Biesterfeld
• Caldic
• ICC Chemical
• Jebsen & Jessen
• Manuchar
• Omya
• Petrochem
• Sinochem Plastics
• STOCKMEIER CHEMIE
• Vinmar International

Market driver

• Growing demand for value-added services
• For a full, detailed list, view our report

Market challenge

• High operational costs and competitive pricing
• For a full, detailed list, view our report

Market trend

• Key vendors entering partnerships
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

Press Release

Technavio Announces the Publication of its Research Report – Global Third-Party Chemical Distribution Market 2017-2021

Technavio recognizes the following companies as the key players in the global third-party chemical distribution market: Brenntag, HELM, Univar, Nexeo Solutions, and IMCD.

Other Prominent Vendors in the market are: Azelis, Biesterfeld, Caldic, ICC Chemical, Jebsen & Jessen, Manuchar, Omya, Petrochem, Sinochem Plastics, STOCKMEIER CHEMIE, and Vinmar International.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is Key vendors entering partnerships. The global third-party chemical distribution market is highly fragmented, especially in the emerging regions such as APAC and MEA. For instance, in 2012, Ravago Group and Barentz entered a joint venture for their chemical distribution activities in a 50:50 partnership.”

According to the report, one driver in the market is growing demand for value-added services. Distributors worldwide are experiencing high demand for value-added services from manufacturers and consumers. Many chemical manufacturers have reduced their overhead expenses such as extra internal operating expenses and staffing owing to the slow growth in Europe. Thus, the value-added services that were provided by manufacturing companies are now outsourced to third-party distributors.

Further, the report states that one challenge in the market is high operational costs and competitive pricing. The increase in demand for value-added services and professional expertise in the third-party chemical distribution market has intensified competition in the global chemical industry in terms of price and additional services. Customers (chemical manufacturers) demand extra value-added services, and thus vendors (third-party distributors) face issues in determining the price of chemical products and services. Vendors do not determine the price of manufactured products but charge manufacturers, wholesalers, and customers for transportation and logistics.

Companies Mentioned

Brenntag, HELM, Univar, Nexeo Solutions, and IMCD, Azelis, Biesterfeld, Caldic, ICC Chemical, Jebsen & Jessen, Manuchar, Omya, Petrochem, Sinochem Plastics, STOCKMEIER CHEMIE, Vinmar International