Chemical Management Services Market

Chemical Management Services (CMS) is a business model in which a customer purchases chemical services rather than just chemicals. These services can encompass all aspects of the chemical management lifecycle including: procurement, delivery/distribution, inventory, use (including chemical substitute research), collection, monitoring/reporting, training, treatment, disposal, information technology, and even process efficiency improvements; each of which poses its own costs and risks. Under CMS, the service provider is compensated based on the quality and quantity of services provided that reduce chemical lifecycle costs, risks, and environmental impacts, not on the volume of chemical sold. Therefore the service provider has the same objective as their customer: to reduce chemical use and cost. Both participants achieve bottom line benefits through reduced chemical use, cost, and waste.

Chemical Management Services Market contains market size and forecasts of Chemical Management Services (CMS) in Global, including the following market information:

Global Chemical Management Services (CMS) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Chemical Management Services (CMS) market was valued at 3629.6 million in 2021 and is projected to reach US$ 5002.4 million by 2028, at a CAGR of 4.7% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Procurement Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Chemical Management Services (CMS) include Haas TCM, PPG Industries, KMG Chemicals, Henkel, ChemicoMays, BP, Quaker Chemical, EWIE Co and Intertek, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Chemical Management Services (CMS) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Chemical Management Services (CMS) Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Chemical Management Services (CMS) Market Segment Percentages, by Type, 2021 (%)

Procurement

Delivery or Distribution

Inventory

Use

Other

Global Chemical Management Services (CMS) Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Chemical Management Services (CMS) Market Segment Percentages, by Application, 2021 (%)

Automotive

Air Transport

Electronics

Heavy Equipment

Food And Pharmaceutical

Steel

Others

Global Chemical Management Services (CMS) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Chemical Management Services (CMS) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Chemical Management Services (CMS) revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Chemical Management Services (CMS) revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Haas TCM

PPG Industries

KMG Chemicals

Henkel

ChemicoMays

BP

Quaker Chemical

EWIE Co

Intertek

Chemcept

CiDRA

Aviall

SECOA BV

Air Liquid

Houghton

Sitehawk

3E

Castrol

Sphera