The Mexico chemical distribution market is a dynamic sector that plays a pivotal role in the country's industrial landscape. Characterized by a diverse range of products, including specialty chemicals, industrial gases, and raw materials, the market serves various pharmaceuticals, agriculture, and manufacturing industries. Mexico's strategic location enhances its position as a key player in the regional supply chain.
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Data Bridge Market Research analyses that the Mexico Chemical Distribution Market, which was USD 21,29,032.02 thousand in 2021, is expected to reach USD 31,45,549.96 thousand by 2029 and is expected to grow at a CAGR of 5.0% during the forecast period of 2022 to 2029. Mexico's growing industrial sectors, notably manufacturing and pharmaceuticals, propel heightened demand for a diverse array of chemical products. This surge in industrialization fuels substantial growth within the Mexican chemical distribution market.
Key Findings of the Study
Trade agreements are expected to drive the market's growth rate
Trade agreements such as the U.S.-Mexico-Canada Agreement (USMCA) act as catalysts for the Mexico chemical distribution market, streamlining cross-border transactions. By reducing trade barriers and ensuring regulatory alignment, these agreements enhance market accessibility, foster collaboration with international partners, and promote a more efficient flow of chemical products. This facilitates growth opportunities for distributors, encouraging a robust and interconnected marketplace in which they can operate with greater ease and effectiveness.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Quantitative Units
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Revenue in USD Thousand, Volumes in Units, Pricing in USD
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Segments Covered
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Chemical Type (Commodity Chemicals, Specialty Chemicals), Distribution Channel (B2B, Third Party Distribution, E-commerce and Others), Distribution Method (Airways Distribution, Rail Distribution, Road Distribution and Shipping Distribution), Chemical Packaging (Drums, Intermediate Bulk Container (IBC), Flexitanks and Others), Packaging Size (100 to 250 Liters, 250 to 500 Liters and above 500 Liters)
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Market Players Covered
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Brenntag SE (Germany), DKSH Management Ltd. (Switzerland), Univar Solutions Inc. (U.S.), Hydrite Chemical (U.S.), Wilbur-Ellis Holdings, Inc. (U.S.), IMCD Group (Netherlands), ICC Industries Inc. (U.S.), Azelis (Belgium), HELM AG (Germany), Aceto (U.S.), Prinova Group LLC. (U.S.), Barentz (Netherlands), Caldic B.V. (Netherlands), Safic-Alcan (France), GTM (U.S.) among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The Mexico chemical distribution market is segmented of the basis into chemical type, distribution channel, distribution method, chemical packaging, and packaging size.
- On the basis of chemical type, the Mexico chemical distribution market is segmented into commodity chemicals and specialty chemicals
- On the basis of distribution channel, the Mexico chemical distribution market is segmented into B2B, third party distribution, e-commerce, and others
- On the basis of distribution method, the Mexico chemical distribution market is segmented into airways distribution, rail distribution, road distribution and shipping distribution
- On the basis of chemical packaging, the Mexico chemical distribution market is segmented into drums, intermediate bulk container (IBC), flexitanks, and others
- On the basis of packaging size, the Mexico chemical distribution market is segmented into 100 to 250 liters, 250 to 500 liters, and above 500 liters
Major Players
Data Bridge Market Research recognizes the following companies as the major Mexico chemical distribution market players in Mexico chemical distribution market are HELM AG (Germany), Aceto (U.S.), Prinova Group LLC. (U.S.), Barentz (Netherlands), Caldic B.V. (Netherlands), Safic-Alcan (France), GTM (U.S.)
Market Developments
- In December 2022, Quantix, part of Wind Point Partners, acquired Mid-States Packaging, enhancing its position as a leading chemical supply chain services provider in North America. The purchase extends Quantix's reach with 11 facilities in Texas, the Northeast, and the Mid-Atlantic, reinforcing its capabilities in dry bulk transportation, warehousing, and export services
- In August 2021, Brenntag SE, the chemicals and ingredients distribution leader, acquired Matrix Chemical, LLC. As the primary acetone distributor in North America, this strategic move enhances Brenntag's capabilities, enabling efficient customer service and meeting the rising demand for solvents. The acquisition solidifies Brenntag's position in the North American market, strengthening its distribution network
- In August 2021, Univar Solutions Inc. announced the commencement of construction on an SAP-ready facility in Abbotsford, BC, Canada. Set to open in H1 2023, the custom-designed site reflects the company's commitment to sustainability, aiming for net-zero emissions by 2050. This expansion positions Univar to attract a broader customer base and strengthen its presence in the region
- In July 2021, Brenntag SE, a global leader in chemicals distribution, revealed its acquisition of JM Swank, a US-based distributor of food ingredients, from Platinum Equity. This strategic move positions Brenntag to expand its presence in the food chemicals sector, strengthening its portfolio and enhancing services to cater to a broader customer base in the industry
For more detailed information about the Mexico chemical distribution market report, click here – https://www.databridgemarketresearch.com/jp/reports/mexico-chemical-distribution-market
