What Are Vendors?
Commodity chemical vendors are businesses that typically purchase products from chemical manufacturing companies and then sell them. The chemical industry produces and supplies essential raw material for companies in the industrial and manufacturing sectors. These feedstocks are sold directly by manufacturers or distributed to the end-users by third-party distributors, and that’s where vendors come in.
The Global Third-Party Chemical Distribution Market Includes:
- Well-diversified local, regional, and global vendors that provide services to chemical manufacturers to supply and store their chemicals.
- They provide a bridge between manufacturers and end customers.
- Third-party chemical distributors have a strong logistics network, and they can access hard-to-reach areas through their well-connected network of roadways, seaways, railways, and airways.
Leading Vendors Globally
According to Technovia, a leading global technology research and advisory company, the following are the Top 5 Vendors in the Global Third-party Chemical Distribution Market from 2017 to 2021:
- Nexeo Solutions
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