Market by End-use (Commodity Chemicals, Specialty Chemicals) and Country Outlook | Forecast 2024-2032
As per Triton’s research report, the Asia-Pacific chemical distribution market is estimated to progress in terms of revenue at a CAGR of 6.01%during the forecast period 2024-2032.
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As per the Chemical Industry Journal, the Asia-Pacific chemical industry was the largest contributor to GDP, accounting for 45% of the industry’s total annual economic value in previous years. Tapping this potential, the International Council of Chemical Associations (ICCA) recently announced the start of a Capacity Building Hub under the ‘Beyond 2020’ framework in this region. By offering an online platform for stakeholders, these initiatives aim to engage in capacity-building efforts, particularly in nations where knowledge sharing on the sound management of chemicals is most needed. Thus, collaborated efforts within this industry significantly influence the APAC chemical distribution market.
The countries analyzed in this region include:
China leads with major market share, recording $118.31 billion in 2023.
According to industry sources, profits of major Chinese chemical companies fell by 47% in the first half of 2023, indicating a tough time for the chemical industry.
However, leading in the production of chemicals on a global scale, manufacturers have a significant advantage in their domestic market. In 2022, China represented 44% of global chemical production and 46% of capital investment in the industry.
Despite its current challenges, investments by Western chemical companies reflect confidence in the long-term growth prospects of China’s chemical distribution market.
Chemical Distribution Market Forecast for Japan
Japan revised its Chemical Substances Control Law (CSCL) in April 2023, wherein the manufacturers and importers now provide more detailed information on the toxicity, environmental fate, and exposure pathways of chemical substances to the Ministry of Economy, Trade and Industry (METI). The revision also introduced new requirements for the registration, labeling, and packaging of certain chemical substances. These changes are expected to improve the safety and environmental impact of chemical distribution in the country, which further contributes to the demand for chemical distribution.
The chemical distribution market is segmented by end-use. Based on end-use, it is further classified into commodity chemicals and specialty chemicals. The former is used for manufacturing other chemicals on a large scale. Soda ash, chlorine, caustic soda, carbon black, calcium carbonate, and other substances are examples of inorganic commodity chemicals.
The key companies in the market include Safic Alcan, Barentz, Helm Ag, Caldic BV, ICC Industries Inc, Univar Solutions Inc, Omya International Ag, Azelis Group NV, Brenntag Se, Manuchar Nv, Ter Chemicals Gmbh & Co Kg, Manuchar Nv, and Jebsen & Jessen Ingredients.
Univar Solutions Inc, headquartered in Downers Grove, Illinois, is a leading chemical distribution company offering a wide range of industrial chemicals, ingredients, and specialty services. Its extensive portfolio includes inorganic compounds, acids and bases, alcohols, glycols, surfactants, and general chemicals. The company serves diverse markets such as agriculture, mining, personal care, oil and gas, coatings and adhesives, food ingredients, environmental sciences, pharmaceuticals, and water treatment. It operates across North America, Latin America, Europe, the Middle East, Africa, and Asia.
Latest from the Company:
In 2022, the company announced the opening of its latest Solution Center in Essen, Germany. This facility serves as the flagship for Europe and acts as a central hub in the company’s global hub-and-spoke model of innovation.
KEY DELIVERABLES OF THE REPORT:
Market CAGR during the forecasting years 2024-2032
Detailed data highlighting key insights, industry components, and market strategies
Comprehensive information and estimation of the chemical distribution market revenue growth in APAC and its influence on the parent market
In-depth study of forthcoming trends in consumer behavioral patterns
A meticulous analysis of the competitive landscape and Porter’s Five Forces
A wide-ranging study of factors that will challenge the APAC chemical distribution market’s growth during the upcoming years
Want to get specific insights? Our team of analysts can customize this report based on your preferences. Connect with us here.
1. ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
ANALYSIS ON THE CHEMICAL DISTRIBUTION MARKET
2.1.1. COVID-19
IMPACT ON THE CHEMICAL DISTRIBUTION MARKET
2.2. PORTER’S
FIVE FORCES ANALYSIS
2.2.1. THREAT
OF NEW ENTRANTS
2.2.2. THREAT
OF SUBSTITUTES
2.2.3. BARGAINING
POWER OF BUYERS
2.2.4. BARGAINING
POWER OF SUPPLIERS
2.2.5. THREAT
OF COMPETITIVE RIVALRY
2.3. SUPPLY
CHAIN ANALYSIS
2.3.1. SOURCING
AND PROCUREMENT
2.3.2. STORAGE
AND WAREHOUSING
2.3.3. TRANSPORTATION
AND LOGISTICS
2.3.4. VALUE-ADDED
SERVICES
2.4. MARKET
DRIVERS
2.4.1. INCREASING
DEMAND FROM THE PHARMACEUTICAL AND PERSONAL CARE SECTOR
2.4.2. GROWING
PREVALENCE OF ONLINE PLATFORMS
2.5. MARKET
CHALLENGES
2.5.1. FLUCTUATING
PRICES OF RAW MATERIALS
2.5.2. GROWING
ENVIRONMENTAL & SAFETY CONCERNS AFFECTING MARKET GROWTH
2.6. MARKET
OPPORTUNITIES
2.6.1. RISE
IN E-COMMERCE AND DIGITALIZATION
2.6.2. SPECIALIZATION
AND VALUE-ADDED SERVICES
2.7. ANALYST
PERSPECTIVE
3. ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET– BY END-USE
3.1. COMMODITY
CHEMICALS
3.1.1. INDUSTRIAL
MANUFACTURING
3.1.2. ELECTRICALS
& ELECTRONICS
3.1.3. AUTOMOTIVE
& TRANSPORTATION
3.1.4. TEXTILES
3.1.5. DOWNSTREAM
CHEMICALS
3.1.6. OTHER
COMMODITY CHEMICALS
3.2. SPECIALTY
CHEMICALS
3.2.1. PHARMACEUTICALS
3.2.2. TEXTILES
3.2.3. CONSUMER
GOODS
3.2.4. INDUSTRIAL
MANUFACTURING
3.2.5. AGRICULTURE
3.2.6. CONSTRUCTION
3.2.7. AUTOMOTIVE
& TRANSPORTATION
3.2.8. OTHER
SPECIALTY CHEMICALS
4. ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET – BY COUNTRY OUTLOOK
4.1. ASIA-PACIFIC
4.1.1. MARKET
BY END-USE
4.1.2. COUNTRY
ANALYSIS
4.1.2.1. CHINA
4.1.2.1.1. CHINA
CHEMICAL DISTRIBUTION MARKET FORECAST & PROSPECTS
4.1.2.2. JAPAN
4.1.2.2.1. JAPAN
CHEMICAL DISTRIBUTION MARKET FORECAST & PROSPECTS
4.1.2.3. INDIA
4.1.2.3.1. INDIA
CHEMICAL DISTRIBUTION MARKET FORECAST & PROSPECTS
4.1.2.4. SOUTH
KOREA
4.1.2.4.1. SOUTH
KOREA CHEMICAL DISTRIBUTION MARKET FORECAST & PROSPECTS
4.1.2.5. ASEAN
COUNTRIES
4.1.2.5.1. ASEAN
COUNTRIES CHEMICAL DISTRIBUTION MARKET FORECAST & PROSPECTS
4.1.2.6. AUSTRALIA
& NEW ZEALAND
4.1.2.6.1. AUSTRALIA
& NEW ZEALAND CHEMICAL DISTRIBUTION MARKET FORECAST & PROSPECTS
4.1.2.7. REST
OF ASIA-PACIFIC
4.1.2.7.1. REST
OF ASIA-PACIFIC CHEMICAL DISTRIBUTION MARKET FORECAST & PROSPECTS
5. COMPETITIVE
LANDSCAPE
5.1. UNIVAR
SOLUTIONS INC
5.1.1. OVERVIEW
5.1.2. SERVICE
PORTFOLIO
5.1.3. KEY
STRENGTHS
5.1.4. KEY
CHALLENGES
5.2. HELM
AG
5.2.1. OVERVIEW
5.2.2. SERVICE
PORTFOLIO
5.2.3. KEY
STRENGTHS
5.2.4. KEY
CHALLENGES
5.3. BRENNTAG
SE
5.3.1. OVERVIEW
5.3.2. SERVICE
PORTFOLIO
5.3.3. KEY
STRENGTHS
5.3.4. KEY
CHALLENGES
5.4. BARENTZ
5.4.1. OVERVIEW
5.4.2. SERVICE
PORTFOLIO
5.4.3. KEY
STRENGTHS
5.4.4. KEY
CHALLENGES
5.5. AZELIS
GROUP NV
5.5.1. OVERVIEW
5.5.2. SERVICE
PORTFOLIO
5.5.3. KEY
STRENGTHS
5.5.4. KEY
CHALLENGES
5.6. SAFIC
ALCAN
5.6.1. OVERVIEW
5.6.2. SERVICE
PORTFOLIO
5.6.3. KEY
STRENGTHS
5.6.4. KEY
CHALLENGES
5.7. CALDIC
BV
5.7.1. OVERVIEW
5.7.2. SERVICE
PORTFOLIO
5.7.3. KEY
STRENGTHS
5.7.4. KEY
CHALLENGES
5.8. OMYA
INTERNATIONAL AG
5.8.1. OVERVIEW
5.8.2. SERVICE
PORTFOLIO
5.8.3. KEY
STRENGTHS
5.8.4. KEY
CHALLENGES
5.9. TER
CHEMICALS GMBH & CO KG
5.9.1. OVERVIEW
5.9.2. SERVICE
PORTFOLIO
5.10. ICC
INDUSTRIES INC
5.10.1. OVERVIEW
5.10.2. SERVICE
PORTFOLIO
5.11. JEBSEN
& JESSEN INGREDIENTS
5.11.1. OVERVIEW
5.11.2. SERVICE
PORTFOLIO
5.12. MANUCHAR
NV
5.12.1. OVERVIEW
5.12.2. SERVICE
PORTFOLIO
6. RESEARCH
METHODOLOGY & SCOPE
6.1. RESEARCH
SCOPE & DELIVERABLES
6.2. SOURCES
OF DATA
6.3. RESEARCH
METHODOLOGY
TABLE 1: ASIA-PACIFIC CHEMICAL DISTRIBUTION MARKET, BY
END-USE, 2024-2032 (IN $ BILLION)
TABLE 2: ASIA-PACIFIC CHEMICAL DISTRIBUTION MARKET, BY
COMMODITY CHEMICALS, 2024-2032 (IN $ BILLION)
TABLE 3: ASIA-PACIFIC CHEMICAL DISTRIBUTION MARKET, BY
SPECIALTY CHEMICALS, 2024-2032 (IN $ BILLION)
TABLE 4: ASIA-PACIFIC CHEMICAL DISTRIBUTION MARKET, BY
COUNTRY OUTLOOK, 2024-2032 (IN $ BILLION)
TABLE 5: ASIA-PACIFIC CHEMICAL DISTRIBUTION MARKET, BY
END-USE, 2024-2032 (IN $ BILLION)
FIGURE 1: PORTER’S FIVE
FORCES ANALYSIS
FIGURE 2: SUPPLY CHAIN
ANALYSIS
FIGURE 3: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY END-USE, 2023 & 2032 (IN %)
FIGURE 4: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY COMMODITY CHEMICALS, 2024-2032 (IN $ BILLION)
FIGURE 5: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY COMMODITY CHEMICALS, 2023 & 2032 (IN %)
FIGURE 6: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY INDUSTRIAL MANUFACTURING, 2024-2032 (IN $
BILLION)
FIGURE 7: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY ELECTRICALS & ELECTRONICS, 2024-2032 (IN $
BILLION)
FIGURE 8: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2024-2032 (IN
$ BILLION)
FIGURE 9: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY TEXTILES, 2024-2032 (IN $ BILLION)
FIGURE 10: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY DOWNSTREAM CHEMICALS, 2024-2032 (IN $ BILLION)
FIGURE 11: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY OTHER COMMODITY CHEMICALS, 2024-2032 (IN $
BILLION)
FIGURE 12: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY SPECIALTY CHEMICALS, 2024-2032 (IN $ BILLION)
FIGURE 13: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY SPECIALTY CHEMICALS, 2023 & 2032 (IN %)
FIGURE 14: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY PHARMACEUTICALS, 2024-2032 (IN $ BILLION)
FIGURE 15: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY TEXTILES, 2024-2032 (IN $ BILLION)
FIGURE 16: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY CONSUMER GOODS, 2024-2032 (IN $ BILLION)
FIGURE 17: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY INDUSTRIAL MANUFACTURING, 2024-2032 (IN $
BILLION)
FIGURE 18: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY AGRICULTURE, 2024-2032 (IN $ BILLION)
FIGURE 19: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY CONSTRUCTION, 2024-2032 (IN $ BILLION)
FIGURE 20: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2024-2032 (IN
$ BILLION)
FIGURE 21: ASIA-PACIFIC
CHEMICAL DISTRIBUTION MARKET, BY OTHER SPECIALTY CHEMICALS, 2024-2032 (IN $
BILLION)
FIGURE 22: CHINA
CHEMICAL DISTRIBUTION MARKET 2024-2032 (IN $ BILLION)
FIGURE 23: JAPAN
CHEMICAL DISTRIBUTION MARKET 2024-2032 (IN $ BILLION)
FIGURE 24: INDIA
CHEMICAL DISTRIBUTION MARKET 2024-2032 (IN $ BILLION)
FIGURE 25: SOUTH KOREA
CHEMICAL DISTRIBUTION MARKET 2024-2032 (IN $ BILLION)
FIGURE 26: ASEAN
COUNTRIES CHEMICAL DISTRIBUTION MARKET 2024-2032 (IN $ BILLION)
FIGURE 27: AUSTRALIA
& NEW ZEALAND CHEMICAL DISTRIBUTION MARKET 2024-2032 (IN $ BILLION)
FIGURE 28: REST OF
ASIA-PACIFIC CHEMICAL DISTRIBUTION MARKET 2024-2032 (IN $ BILLION)