Market revenue in 2022 | USD 76,903.9 million |
Market revenue in 2030 | USD 131,610.2 million |
Growth rate | 6.9% (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 |
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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 61.84% in 2023. Horizon Databook has segmented the North America chemical distribution market based on specialty chemicals, commodity chemicals covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for chemicals in the North American market is expected to increase over the forecast period owing to their increasing use in various end-user industries such as pharmaceuticals, consumer goods, textiles, and automotive & transportation.
In the pharmaceutical industry, specialty chemicals are used in the manufacturing of Active Pharmaceutical Ingredient (API), packaging of pharmaceutical products, and sterilizing medical equipment before and after use.
Chemicals such as hydrogen peroxide, sodium percarbonate, liquid chlorine bleach, dilute sulfuric acid, hydroxy acetic, hydrochloric acid, phosphoric acid, acetone, 2-Ethyl Hexyl Stearate, and blowing agents are used in the manufacturing of personal care and household cleaning products.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America chemical distribution market , including forecasts for subscribers. This continent databook contains high-level insights into North America chemical distribution market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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