Mexico Chemical Distribution Market Size & Outlook
Mexico chemical distribution market, 2018-2030 (US$M)
Related Markets
Mexico chemical distribution market highlights
- The Mexico chemical distribution market generated a revenue of USD 9,182.3 million in 2022 and is expected to reach USD 17,188.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 8.2% 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 9,182.3 million |
| Market revenue in 2030 | USD 17,188.3 million |
| Growth rate | 8.2% (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, Mexico accounted for 1.9% 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 North America, U.S. chemical distribution market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 17,188.3 million by 2030.
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Chemical Distribution Market Scope
Chemical Distribution Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 53.95% in 2023. Horizon Databook has segmented the Mexico 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 Mexico majorly located in the Gulf of Mexico, the States of Veracruz, and Tamaulipas. The rising income level fuel up the demand for end-user industries including construction, automotive & transportation, and many others which subsequentaly raise up the demand for chemicals in the market.
Which in turn also provides opportunities to expand the chemical distribution channel and thereby helps to grow the chemical distribution market. However sudden outbreak of COVID 19 has brought turbulence in the automobile sector but now as the situation has improved and the sales of the automobile vehicle including light, medium and heavy vehicle is increasing.
Moreover, factors such as low-income tax rates and OEM training programs in the country are likely to play a vital role in attracting key automobile manufacturers to establish their manufacturing plants in Mexico. Thus, the rising automotive manufacturing plants and automobile production in the country are expected to generate huge demand for chemicals in the automobile industry 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 country-level data and insights on the Mexico chemical distribution market , including forecasts for subscribers. This country databook contains high-level insights into Mexico chemical distribution market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico chemical distribution market size, by type, 2018-2030 (US$M)
Mexico Chemical Distribution Market Outlook Share, 2023 & 2030 (US$M)
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