TechNavio recognizes the following companies as the key players in the Global Chemical Distribution Market: Brenntag AG, Nexeo Solutions Holdings LLC, Univar Inc., and HELM AG.
Commenting on the report, an analyst from TechNavio’s team said: “With growing concerns over environmental issues and frequent enquiries by consumers about products that are sustainably produced, many chemical distributors are focusing on adopting sustainability principles in their operations. For instance, many distributors have identified a reduction in carbon emissions as one of their top priorities. Ensuring sustainability practices in their operation helps the chemical distributors maintain credibility among their suppliers. Distributors are an important link in the supply chain and suppliers expect their distributors to have policies and procedures in place to ensure proper management of their products through to end-use. ”
According to the report, the Global Chemical Distribution market is influenced by a number of growth drivers such as the rise in demand for bulk and specialty chemicals for the Oil and Gas, and Petrochemical industries, especially in the Middle East region. However, the rise in demand from the APAC region remains the main growth driver for the chemical distribution market. Supported by strong economic growth, the APAC region has seen a shift in consumers’ demand for higher quality and more varied products.
Further, the report states that one of the major challenges in this market is the increasingly stringent health and environmental regulations. Stringent rules and legislations translate into increased compliance costs for the distributors.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are ICC Chemicals Inc., Azelis Holding S.A., IMCD Group, Omya AG, Biesterfeld AG, and Barentz B.V.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-chemical-distribution-market-201…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global Chemical Distribution Market 2012-2016
