U.S. Chemical Distribution Market Size & Outlook
U.S. chemical distribution market, 2018-2030 (US$M)
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U.S. chemical distribution market highlights
- The U.S. chemical distribution market generated a revenue of USD 53,571.2 million in 2022 and is expected to reach USD 91,258.5 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.9% 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 53,571.2 million |
| Market revenue in 2030 | USD 91,258.5 million |
| Growth rate | 6.9% (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, U.S. accounted for 10.9% 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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U.S. 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 70% in 2023. Horizon Databook has segmented the U.S. chemical distribution market based on specialty chemicals, commodity chemicals covering the revenue growth of each sub-segment from 2018 to 2030.
Growing construction spending combined with highly skilled workforce and growing R&D initiatives to encourage innovative products coupled with rising the expansion of floor spaces in various industries has led to the growth of new construction and renovation projects in the country.
In addition, increasing number of large-scale infrastructure investment projects, including hotels and hospitals in New York, Missouri, and Los Angeles, is likely to boost the growth of the construction industry, thereby, driving the demand for chemicals in the U.S., which, in turn, is likely to benefit the growth of the chemical distribution sector.
Moreover, increasing demand for downstream chemicals such as lubricants, diesel fuel, heating oil, and lubricants in construction equipment, buses, automobile electricity generators, and trucks is another driver to boost the requirement of chemicals distribution market.
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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 U.S. chemical distribution market , including forecasts for subscribers. This country databook contains high-level insights into U.S. chemical distribution market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. chemical distribution market size, by type, 2018-2030 (US$M)
U.S. Chemical Distribution Market Outlook Share, 2023 & 2030 (US$M)
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