Chemical Distribution Market Chemical Distribution Market - PDF | Page 2

Rising demand for specialty chemicals in various industries would be another growth driver in
the chemical distribution market. These specialty products are majorly consumed by end-
users like construction, electronics, cosmetics, agriculture, etc. The global construction
industry spending is likely to increase from about USD 9 trillion in 2014 to over USD 14 trillion
by 2025. Such rising trend is a result of developments in the emerging economies,
urbanization, smart city development projects, etc. Various specialty products like coatings,
emulsions, adhesives, etc. are used to enhance the quality of the structures and increase its
life. Growth in the construction industry is likely to drive the demand for specialty chemicals
in the coming years. This would in turn augment the growth in the chemical distribution
market. Rising chemical manufacturers in the Asia Pacific region would be another growth
initiator in the market. As this region offers cost-effective factors of production, many
manufacturers have set up their production plants in this region.
The major activities of these suppliers include formulation, product mixing, packaging,
storage, product handling & logistics. They also provide various customer services like
technical services, regulatory compliance, packaging & labeling, documentation, etc. Such
extensive services provided by the suppliers helps in reducing the cost burden on budding
manufacturers and in turn increase growth in the chemical distribution market.
To browse this report titled, “Chemical Distribution Market Overview and Product Scope
over 2019 - 2025: Global Market Insights, Inc.”
https://www.gminsights.com/industry-analysis/chemical-distribution-market
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