About the industry
Overview
The chemical trading business operates within the chemical wholesaling industry, facilitating the trade of a wide range of chemicals, chemical additives, and related products to various sectors such as manufacturing, construction, mining, and plastics materials. The chemical trading industry plays a significant role in the global chemical supply chain, with the construction, manufacturing, and service sectors being the primary customers.
With the overall improvement of conditions in the MENA Region, there has been a growth in downstream demand, leading to increased industry production projected to continue until 2025. Looking ahead, the industry is expected to experience strong demand from the manufacturing and other sectors, supported by recovering oil prices, ultimately driving revenue growth. The Chemical Trading industry is large and highly active in the MENA region, with a focus on West and East Africa and, to some extent, Europe.