Gallade Chemical - Competitors

Gallade Chemical Competition

Now Viewing Gallade Chemical's competition in: Chemicals Distributors (primary)

Recent Developments

Chemicals Distribution Group Opposes Higher Fees - The National Association of Chemical Distributors (NACD) recently opposed a US DOT proposal to increase hazardous materials fees. The fee increase would be used to fund the Hazardous Materials Emergency Preparedness (HMEP) grant program. NACD claims, in an environment of higher fuel and other energy costs, that the fee increase would unduly burden chemical distributors. The higher fees wouldn't impact companies that qualify as small businesses or are nonprofit.

New Law Regulates Controversial Chemical - President Bush recently signed new legislation that will limit the use of phthalates, a classification of chemical additive used to make plastics soft and pliable. The new law permanently bans some phthalates for use in products marketed to children under 12. Phthalates are thought to cause a number of serious conditions in young children, including hormonal malfunctions and reproductive defects.

US Chemical Exports Increase - US exports of chemicals rose nearly 16 percent in the first six months of 2008 compared to the same period in 2007. Exports increased in 13 of the US's top 15 overseas markets for chemicals. Key growth markets include Brazil, 37 percent; China, 27 percent; and Mexico, 12 percent. A weak US dollar should continue to stimulate US chemicals exports.

Competitive Landscape

Chemical distribution is a cyclical business dependent on industrial demand. The profitability of individual companies depends on an efficient distribution system. Larger companies can offer more products and services. Local and regional distributors can compete effectively through superior service. The industry is highly automated: annual industry revenue per employee is about $800,000.

Full Industry Overview For Chemicals Distributors

Chemicals Distributors Industry Forecast

from Hoover's/D&B subsidiary First Research

The domestic demand for US chemicals, an indicator for chemical distributors, is forecast to grow at an annual compounded rate of 4.6 percent between 2008 and 2013.

Chemical Demand Growth Volatile

First Research forecasts are based on INFORUM forecasts that are licensed from the Interindustry Economic Research Fund, Inc. (IERF) in College Park, MD. INFORUM's "interindustry-macro" approach to modeling the economy captures the links between industries and the aggregate economy.