Global Ethyl Alcohol And Other Basic Organic Chemical Market Size, Drivers, Trends, Opportunities And Strategies – Includes Ethyl Alcohol And Other Basic Organic Chemical Market Research
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Throughout the forecast period, ethanol or ethyl alcohol is expected to drive innovation in the production of ethanol and other fundamental organic compounds, thereby propelling the market.
The global ethyl alcohol and other basic organic chemicals market is expected to grow from $1199.82 billion in 2022 to $1304.77 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The ethyl alcohol and other basic organic chemical market is expected to grow to $1773.28 billion in 2027 at a CAGR of 8.0%.
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Global ethyl alcohol and other basic organic chemicals Market Segments Include:
- By Type: Synthetic Sweeteners, Plasticizers, Ethyl Alcohol, Silicone (except Resins), Fatty Acids, Gum and Wood Chemicals
- By Grade: Food Grade, Industrial Grade, Cosmetics Grade
- By End User Industry: Chemical Industry, Coating & Printing Industry, Electronics Industry, Food & Pharmaceutical Industry, Other End-User Industries
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global ethyl alcohol and other basic organic chemicals market in 2021.
Major Market Players in the ethyl alcohol and other basic organic chemicals market include Archer-Daniels-Midland Company (ADM), Wacker Chemie AG, Celanese, Valero Energy Corp, Lanxess AG, Evonik Industries AG.
Chemical industries are increasingly utilizing automation and instrumentation technologies to improve production process control. Automation equipment such as control valves, temperature transmitters, level transmitters, flow transmitters, and pressure transmitters help manufacturing facilities run more efficiently. Siemens process instrumentation and gas analytics solutions, for example, increase the productivity and efficiency of plant operations.
The Ethyl Alcohol And Other Basic Organic Chemical Global Market Report 2023 provides a ethyl alcohol and other basic organic chemicals market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The ethyl alcohol and other basic organic chemicals market forecast analyzes ethyl alcohol and other basic organic chemicals market size, ethyl alcohol and other basic organic chemicals market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Basic organic molecules, which are carbon and hydrogen compounds, and ethylene are combined to form ethyl alcohol, a clear, colorless liquid. Ethyl alcohol burns with a pleasant taste and is highly flammable.
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