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.
Although CMS is currently being considered by large, well-funded institutions, it is highly likely this approach could be applied in smaller colleges and research facilities. The same challenges and drivers for considering CMS apply in the smaller institutions. It is likely the CMS model will need to be adapted for smaller educational institutions to accommodate their lower chemical throughput. However, the needs are essentially the same for large and small educational institutions, so there is an opportunity for economies of scale for CMS providers to serve both. Finally, it will be important to demonstrate success of the CMS model in larger institutions to effectively appeal to smaller educational institutions.
USA is the largest region for the consumption of CMS, accounting for 67.67% of global CMS revenue, and it is also the developed region to offer the management service. Then Europe is the second largest place with advanced CMS. As Asia is the emerging market, many countries have realized the advantages of CMS, and then the demand for CMS will be expanded. And while there are both more CMS providers and more CMS customers in 2016 than there were in 2011, the value of the market is very nearly the same, reflecting both the volume loss of existing customer business and the reduction of contract values.
Major Companies in CMS and Management Services focused on their Local Market, and just few larger companies operating globally.
With the Increase in Labor Cost, Energy Cost, the cost of laundry in emerging countries is rising, and with the low research capacity, the major CMS and service is still concentrated in developed countries.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are optimistic about this area; in the future there will be more new investments enter the field, especially in Asia.
In 2018, the global Chemical Management Services (CMS) market size was 3310 million US$ and it is expected to reach 5770 million US$ by the end of 2025, with a CAGR of 7.2% during 2019-2025.
This report focuses on the global Chemical Management Services (CMS) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Chemical Management Services (CMS) development in United States, Europe and China.
The key players covered in this study
Haas TCM
PPG Industries
KMG Chemicals
Henkel
ChemicoMays
BP
Quaker Chemical
EWIE Co
Intertek
Chemcept
CiDRA
Aviall
SECOA BV
Air Liquid
Houghton
Sitehawk
3E
Market segment by Type, the product can be split into
Procurement
Delivery/Distribution
Inventory
Use
Other
Market segment by Application, split into
Automotive
Air Transport
Electronics
Heavy Equipment
Food and Pharmaceutical
Steel and others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Chemical Management Services (CMS) status, future forecast, growth opportunity, key market and key players.
To present the Chemical Management Services (CMS) development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Chemical Management Services (CMS) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Chemical Management Services (CMS) . Industry analysis & Market Report on Chemical Management Services (CMS) is a syndicated market report, published as Global Chemical Management Services (CMS) Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Chemical Management Services (CMS) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.