SPECIALTY CHEMICAL DISTRIBUTION MARKET UPDATE REPORT 2024 | INDUSTRY TRENDS, DEMAND, LEADING COMPANIES AND SEGMENTATION TILL 2032

Specialty Chemical Distribution Market Update Report 2024 | Industry Trends, Demand, Leading Companies and Segmentation till 2032

Specialty Chemical Distribution Market Update Report 2024 | Industry Trends, Demand, Leading Companies and Segmentation till 2032

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Specialty Chemical Distribution market is anticipated to grow at a considerable CAGR of 6.2% during the forecast period (2024-2031). Specialty chemical distribution is a framework that bridges the gap between manufacturers and end users of specific chemical products. It focuses on niche applications and requires specific functionalities, like paint additives or pharmaceutical ingredients. Distributors act as intermediaries, sourcing chemicals from manufacturers and delivering them to a wider range of customers. They provide technical expertise, safe storage, logistics, and formulation advice. The market growth is driven by the increasing application of speciality chemicals in various industries including construction, electronics, pharmaceuticals, agriculture, and automotive.The demand for these chemicals is driven by industry dynamics like booming construction, electronic advancements, and sustainability.

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The overall health of industries that rely on chemicals, like construction, manufacturing, and agriculture, significantly impacts demand for chemical distribution. As these industries grow, the need for chemicals increases, driving distribution activity. For instance, in June 2023 Pidilite Industries Ltd has expanded its manufacturing facilities in Amod, Gujarat, under joint ventures, PidiliteLitokolPvt Ltd (PLPL) and TenaxPidilitePvt Ltd (TPPL). The technology transfer from Litokol SPA Italy and Tenax SPA Italy marks a significant milestone in India's stone and ceramic solutions industry. The new manufacturing units are fully automated, allowing Pidilite to market and sell epoxy, urethane grout, and stone care range products. For instance, in October 2023,the Directorate General of Trade Remedies (DGTR) has launched multiple anti-dumping duty investigations into certain chemical imports from China due to a noticeable surge in dumping practices. Four distinct chemicals are the focus of separate investigations requested by various listed companies. Deepak Fertilisers, a leading producer of Isopropyl Alcohol (IPA) in India, initiated the review for IPA imports from China.One of the largest producers in the country, has filed a review for PVC Paste Resin imports originating from China, Korea, Malaysia, Norway, Taiwan, and Thailand. MeghmaniFinechem and DCM Shriram have sought an investigation into Epichlorohydrin (EPC) imports from Korea, Thailand, and China.

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  • Market Coverage

  • Market number available for – 2024-2031

  • Base year- 2024

  • Forecast period- 2024-2031

  • Segment Covered- By Source, By Product Type, By Applications

  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill

  • , and others


Market Segmentation

Global Specialty Chemical Distribution Market by Product

  • CASE(Coatings, Adhesives, Sealants, and Elastomers)

  • Agrochemicals

  • Electronic

  • Construction

  • Specialty Polymers & Resins

  • Flavor & Fragrances

  • Other Products


Global Specialty Chemical Distribution Market by End - User

  • Automotive & Transportation

  • Construction

  • Agriculture

  • Industrial Manufacturing

  • Consumer Goods

  • Textiles

  • Pharmaceuticals

  • Other End-uses


Company Profiles 

  • Helm AG

  • Brenntag AG

  • Ter Group

  • Azelis

  • ICC Industries, Inc.

  • Jebsen & Jessen Pte. Ltd.

  • Quimidroga

  • Solvadis Deutschland GmbH

  • Ashland

  • V.

  • Wilbur Ellis Holdings, Inc

  • Omya AG

  • Biesterfeld AG

  • Stockmeier Group


The Report Covers

  • Market value data analysis of 2023 and forecast to 2031.

  • Annualized market revenues ($ million) for each market segment.

  • Country-wise analysis of major geographical regions.

  • Key companies operating in the global Specialty Chemical Distribution market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.

  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

  • Analysis of market-entry and market expansion strategies.

  • Competitive strategies by identifying ‘who-stands-where’ in the market.


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