Canada Chemical Distribution Market is Expected to Grow at 5.1% in the Forecast Period of 2022 to 2029

Canada Chemical Distribution Market is forecast to grow at 5.1% with factors such as escalating popularity of sustainable and green infrastructure and growing utilization of bulk and specialty chemicals by oil, gas and petroleum industries.

Chemical distribution market has shown an exceptional penetration in Canada, experienced increment in the usage of chemicals in construction industry. In Canada, strong distribution network including B2B, third party distribution, E-commerce and others is creating opportunity for the chemical distribution market.

Chemical Distribution Market Scenario

According to Data Bridge Market Research, the market leader is Brenntag SE which accounts an estimated market share of 39.16% in the Canada chemical distribution market. The company has gained outstanding sale through innovative chemical products for several industries.

  • In August 2021, Brenntag SE, the global market leader in chemicals and ingredients distribution, acquires all operating assets and business of Matrix Chemical, LLC. The company is a solvents distributor and the largest distributor of acetone in North America. This acquisition will help Brenntag SE to cater the demand of customers in North America efficiently.

 Canada Chemical Distribution MarketTrends Impacting the Market

The chemical distribution market is becoming more competitive every year with companies such as Brenntag SE, Univar Solutions Inc., and IMCD Group as they are the market leaders for chemical distribution. The data bridge market research new reports highlight the major growth factors and opportunities in the chemical distribution market.

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Chemical Distribution Market Development

  • In April 2021, Brenntag SE Specialties division in North America has expanded its agreement with BASF Corporation for distribution in North America. The distribution agreement covers the Lavergy product line, which is a new line of high-performing detergent enzymes. The product line can be utilized in laundry, dishwashing, commercial laundry, and industrial cleaning applications. This agreement will help Brenntag SE to dominate in North America through robust distribution capability.

Scope of the Chemical Distribution Market

Canada chemical distribution market is segmented on the basis of chemical type, distribution channel, distribution method, chemical packaging and packaging size.

  • On the basis of chemical type, the chemical distribution market are segmented into commodity chemicals and specialty chemicals. On the basis of distribution channel, the chemical distribution market are segmented into B2B, third party distribution, e-commerce and others. On the basis of distribution method, the chemical distribution market are segmented into airways distribution, rail distribution, road distribution and shipping distribution. On the basis of chemical packaging, the chemical distribution market are segmented into drums, Intermediate Bulk Container (IBC), flexitanks and others. On the basis of packaging size, the chemical distribution market are segmented into 100 to 250 liters, 250 to 500 liters and above 500 liters.

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Key Pointers Covered in of Chemical Distribution Market Industry Trends and Forecast to 2029

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Key Vendors and Disruptors Study
  • Supply Chain Competiveness

Key Market Competitors Covered in the Report

  • Brenntag SE
  • Univar Solutions Inc.
  • IMCD Group
  • Azelis
  • Barentz
  • Caldic B.V.
  • Safic-Alcan

Above are the key players covered in the report, to know about more and exhaustive list of chemical distribution market, contact us https://www.databridgemarketresearch.com/toc/?dbmr=canada-chemical-distribution-market

Research Methodology: Canada Chemical Distribution Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: End Industries
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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