Germany Chemical Distribution Market Size & Outlook
Germany chemical distribution market, 2017-2030 (US$M)
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Germany chemical distribution market highlights
- The Germany chemical distribution market generated a revenue of USD 31,113.5 million in 2022 and is expected to reach USD 55,128.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.4% from 2023 to 2030.
- In terms of segment, specialty 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 31,113.5 million |
| Market revenue in 2030 | USD 55,128.2 million |
| Growth rate | 7.4% (CAGR from 2022 to 2030) |
| Largest segment | Specialty 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, Germany accounted for 6.3% 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 Europe, Germany chemical distribution market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 18,664.3 million by 2030.
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Chemical Distribution Market Scope
Chemical Distribution Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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.
Specialty chemicals was the largest segment with a revenue share of 73.68% in 2022. Horizon Databook has segmented the Germany chemical distribution market based on specialty chemicals, commodity chemicals covering the revenue growth of each sub-segment from 2017 to 2030.
The German chemical industry is engaged in developing new processes and products for foreign markets and 60% of sales in the region is generated from its customers abroad. Government is also taking necessary initiatives to develop the chemicals industry in Germany.
For instance, in 2015, the German Ministry of Economies along with trade unions started “Bündnis Zukunft der Industrie” to enhance the competitiveness position of the German industry. However, an increase in the demand for disinfectants and sanitizers following the outbreak of COVID-19 has fueled the sales of chemicals in the Germen markets.
However, dependence on imported raw materials could affect the growth of the market over the forecast period. Thus, increasing demand for chemicals in the market, coupled with various government initiatives, is expected to benefit the growth of the chemical distribution market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany chemical distribution market , including forecasts for subscribers. This country databook contains high-level insights into Germany chemical distribution market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Germany chemical distribution market size, by type, 2017-2030 (US$M)
Germany Chemical Distribution Market Outlook Share, 2022 & 2030 (US$M)
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