Taiwan Chemical Distribution Market Size & Outlook
Taiwan chemical distribution market, 2018-2030 (US$M)
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Taiwan chemical distribution market highlights
- The Taiwan chemical distribution market generated a revenue of USD 11,652.7 million in 2022 and is expected to reach USD 18,742.6 million by 2030.
- The Taiwan market is expected to grow at a CAGR of 6.1% 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 11,652.7 million |
| Market revenue in 2030 | USD 18,742.6 million |
| Growth rate | 6.1% (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, Taiwan accounted for 2.4% 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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Taiwan 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 75.18% in 2023. Horizon Databook has segmented the Taiwan chemical distribution market based on specialty chemicals, commodity chemicals covering the revenue growth of each sub-segment from 2018 to 2030.
This is due to the growing demand for petrochemical in the country which is used for manufacturing various products such as plastics or rubber, medicine, cosmetics, electric & electronic along with many others.
The key drivers behind the growth of the chemical industry is established supply chains covering all streams including upstream, midstream, and downstream segments along with the rising presence of key markets such as India, the U.S., and Indonesia.
The growing demand for the petrochemical helps to boost the requirements for chemicals distributors in the country, thereby benefiting the overall growth of the chemical distribution market. However, the Taiwanese chemical industry lacks the scale of competition due to political factors with other countries South Korea, China, Japan, and Singapore.
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Our clientele includes a mix of chemical distribution market companies, investment firms, advisory firms & academic institutions.
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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 Taiwan chemical distribution market , including forecasts for subscribers. This country databook contains high-level insights into Taiwan chemical distribution market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Taiwan chemical distribution market size, by type, 2018-2030 (US$M)
Taiwan Chemical Distribution Market Outlook Share, 2023 & 2030 (US$M)
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