Latin America Chemical Distribution Market Size & Outlook
Latin America chemical distribution market, 2018-2030 (US$M)
Related Markets
Latin America chemical distribution market highlights
- The Latin America chemical distribution market generated a revenue of USD 15,035.7 million in 2022.
- The market is expected to grow at a CAGR of 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 15,035.7 million |
| Market revenue in 2030 | USD 25,886.6 million |
| Growth rate | 7% (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, Latin America region accounted for 3.0% 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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Latin America 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 80.25% in 2023. Horizon Databook has segmented the Latin America chemical distribution market based on specialty chemicals, commodity chemicals covering the revenue growth of each sub-segment from 2018 to 2030.
Industries such as food & beverage, construction, and mining are the major contributors to the Central & South American economy. The increasing demand for chemicals in food & beverages product due to changing lifestyle and favorable regulatory developments are expected to boost the requirement for chemical distributors to supply required raw materials to the food & beverages industry.
The robust economic growth, coupled with a strong private investment, are expected to enable its dominance in the region in the construction industry over the projected period. In addition, sluggish growth in Brazil’s construction sector and a weak currency outlook are anticipated to result in declined market share of the country in the region.
Thus, the abovementioned factors are expected to hamper the requirement for chemicals in the Brazilian construction industry, which, in turn, is expected to affect the growth of the chemical distribution market over the forecast period.
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Our clientele includes a mix of chemical distribution market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America chemical distribution market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America chemical distribution market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America chemical distribution market size, by country, 2018-2030 (US$M)
Latin America Chemical Distribution Market Outlook Share, 2023 & 2030 (US$M)
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