China Chemical Distribution Market Size & Outlook
China chemical distribution market, 2018-2030 (US$M)
Related Markets
China chemical distribution market highlights
- The China chemical distribution market generated a revenue of USD 179,907.0 million in 2022 and is expected to reach USD 280,244.0 million by 2030.
- The China market is expected to grow at a CAGR of 5.7% 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.
Chemical distribution market data book summary
| Market revenue in 2022 | USD 179,907.0 million |
| Market revenue in 2030 | USD 280,244.0 million |
| Growth rate | 5.7% (CAGR from 2022 to 2030) |
| Largest segment | Commodity chemicals |
| Fastest growing segment | Specialty Chemicals |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 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, China accounted for 36.5% of the global chemical distribution market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China chemical distribution market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 46,456.2 million by 2030.
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Chemical Distribution Market Scope
Chemical Distribution Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 72.68% in 2023. Horizon Databook has segmented the China chemical distribution market based on specialty chemicals, commodity chemicals covering the revenue growth of each sub-segment from 2018 to 2030.
The chemical industry in China is maturing and is expected to witness continuous growth over the forecast period. China is known as a leader in chemical manufacturing. Thus, the growing end-user industries, such as automobiles, necessitate the need for chemicals to manufacture required parts.
However, the ongoing trade war between China and the U.S., may affect the growth of the market. For instance, the U.S. government has imposed tariffs on Chinese goods to encourage consumers to buy more American goods.
Moreover, China’s chemical industry has faced a slowdown due to lockdown in the country. Some of the major chemical distributors in China are Bodo Moeller Chemie (Shanghai) Co., Ltd., Redachem Shanghai Chemicals Co. Ltd, ABC Chemical Exports (P) Ltd, Adi Center China, Amtrade International Pty Ltd.
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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 country-level data and insights on the China chemical distribution market , including forecasts for subscribers. This country databook contains high-level insights into China chemical distribution market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China chemical distribution market size, by type, 2018-2030 (US$M)
China Chemical Distribution Market Outlook Share, 2023 & 2030 (US$M)
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