Asia Pacific Chemical Distribution Market Size & Outlook
Asia Pacific chemical distribution market, 2017-2030 (US$M)
Related Markets
Asia Pacific chemical distribution market highlights
- The Asia Pacific chemical distribution market generated a revenue of USD 293,319.3 million in 2022.
- The market is expected to grow at a CAGR of 5.6% from 2023 to 2030.
- In terms of segment, commodity chemicals was the largest revenue generating type in 2022.
- Specialty Chemicals is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 293,319.3 million |
| Market revenue in 2030 | USD 454,022.8 million |
| Growth rate | 5.6% (CAGR from 2022 to 2030) |
| Largest segment | Commodity chemicals |
| Fastest growing segment | Specialty Chemicals |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Specialty Chemicals, Commodity Chemicals |
| Key market players worldwide | Apollo Global Management Inc Class A, Helm AG, Brenntag Biosector, Teradyne Inc, Azelis Group NV, Ashland Inc, IMCD NV, Biesterfeld, Reda |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 59.5% of the global chemical distribution market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 180,157.5 million by 2030.
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Chemical Distribution Market Scope
Chemical Distribution Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific chemical distribution market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to chemical distribution market will help companies and investors design strategic landscapes.
Commodity chemicals was the largest segment with a revenue share of 67.07% in 2022. Horizon Databook has segmented the Asia Pacific chemical distribution market based on specialty chemicals, commodity chemicals covering the revenue growth of each sub-segment from 2017 to 2030.
Previously the U.S. and Western Europe were the major exporters in the market; however, the Asia Pacific region has surpassed them due to an increase in the chemical production capacity in China and India.
This can be attributed to investments in advanced technologies and the construction of new plants for chemical manufacturing. The region is characterized by easy availability of cheap labor, land, and resources.
For instance, in the automobile industry, chemicals offer properties, such as enhanced flexibility to interior and exterior components of a vehicle, corrosion resistance, and to make material lightweight. In the food & beverage industry, they are used as food preservatives, flavoring agents, and stabilizing agents.
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Target buyers of Asia Pacific chemical distribution market databook
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Our clientele includes a mix of chemical distribution market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific chemical distribution market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific chemical distribution market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific chemical distribution market size, by country, 2017-2030 (US$M)
Asia Pacific Chemical Distribution Market Outlook Share, 2022 & 2030 (US$M)
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