Chemical Distribution Market Growing at 5.56% CAGR to 2021

PUNE, India, July 27, 2016 /PRNewswire/ --

According to a new report "Global Chemical Distribution Market (By Type, By Region): Trends, Opportunities and Forecasts (2016-2021)", rising demand of chemical distribution driven by the surging customer demand for services and reachable supply chain model is driving the global chemical distribution market.

Complete report on chemical distribution market spread across 130 pages, profiling 10 major companies and offering 48 figures as well as 10 tables is now available at http://www.reportsnreports.com/reports/634941-global-chemical-distribution-market-by-type-by-region-trends-opportunities-and-forecasts-2016-2021-by-type-specialty-chemical-distribution-and-commodity-chemical-distribution-by-region-apac-europe-north-america-south-america-middle-east-and-africa-.html .

Chemical distributors supply chemicals from producers to end users for various applications such as manufacturing soap, cosmetic, personal care products, lubricants, and also used in pharmaceutical; and food and beverage industry. Therefore, growing demand by end users and easy access to products result in growth of chemical distribution market. Growing awareness among the consumers related to high value addition products and customer service offerings lead to highly intense competition in global market of chemical distribution.  

APAC region remains the major market followed by Europe in the actual period. In the forecast period, APAC region will continue to witness strong growth driven by the countries such as India and China.  According to this research report, Global Chemical Distribution Market: Trends, Opportunities and Forecasts (2016-2021), Global Chemical Distribution Market is forecasted to grow at a CAGR of 5.56% during 2016 - 2021F, on account of rising consumption of chemicals and their applicability. On the basis of market segment, Global Chemical Distribution Market has been segmented on basis of type (Specialty Chemical Distribution and Commodity Chemical Distribution) and regional basis - APAC, Europe, North America, South America, Middle East and Africa.