Chemical Distribution Market size was valued at USD 270.58 billion in 2024 and is expected to reach USD 606.09 billion by 2037, registering around 6.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of chemical distribution is assessed at USD 284.43 billion..
The market is experiencing a considerable increase due to the escalating demand for chemicals in numerous industries including agriculture, construction, automotive, pharmaceuticals, textiles, and various other sectors.
Within the next quarter of a century, it is anticipated that India will be responsible for up to twenty percent of the additional global consumption of chemicals. Through the year 2040, it is expected that the domestic demand will have increased from 185 billion US dollars in 2021 to 1,050 billion US dollars altogether.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?