What are the recent trends in market size and growth for the ethyl alcohol and other basic organic chemical market?
The ethyl alcohol and other basic organic chemical market size has grown strongly in recent years. It will grow from $1421.16 billion in 2024 to $1556.21 billion in 2025 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to industrialization, petrochemical industry growth, consumer product manufacturing, agricultural chemicals, energy sector demand.
The ethyl alcohol and other basic organic chemical market size is expected to see strong growth in the next few years. It will grow to $2139.16 billion in 2029 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to renewable energy and biofuels, environmental regulations, circular economy initiatives, the adoption of green chemistry principles, health and wellness trends. Major trends in the forecast period include biobased chemicals, specialty chemicals, sustainable packaging, carbon capture and utilization (ccu), personal care and cosmetics.
Get Your Free Sample of The Global Ethyl Alcohol And Other Basic Organic Chemical Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2314&type=smp
How have varous drivers impacted the growth of the ethyl alcohol and other basic organic chemical market?
Increasing consumption of alcoholic beverages is expected to propel the growth of the ethyl alcohol and other basic organic chemicals market going forward. Alcoholic drinks are those appropriate for human consumption and have a volume alcohol content of 1% or higher. Ethyl alcohol (ethanol) is the primary alcohol found in alcoholic beverages, and it serves as the main psychoactive ingredient. Other basic organic chemicals, such as flavor compounds and sugars, contribute to the taste, aroma, and complexity of alcoholic beverages, enhancing their overall sensory experience. For instance, in December 2023, according to the data published by Kirin Holdings Co. Ltd., a Japan-based alcoholic and non-alcoholic beverage and pharmaceuticals product company, global beer consumption in 2022 grew by around 5.4 million kiloliters, which is equivalent to about 8.5 billion bottles (633 ml each) compared to the previous year. Therefore, the increasing consumption of alcoholic beverages will drive the market for ethyl alcohol and other basic organic chemicals.
What are the primary segments of the ethyl alcohol and other basic organic chemical market?
The ethyl alcohol and other basic organic chemical market covered in this report is segmented –
1) By Type: Synthetic Sweeteners, Plasticizers, Ethyl Alcohol, Silicone (Except Resins), Fatty Acids, Gum And Wood Chemicals
2) By Grade: Food Grade, Industrial Grade, Cosmetics Grade
3) By End User Industry: Chemical Industry, Coating And Printing Industry, Electronics Industry, Food And Pharmaceutical Industry, Other End-User Industries
Subsegments:
1) By Synthetic Sweeteners: Aspartame, Sucralose, Saccharin, Acesulfame K
2) By Plasticizers: Phthalate-Based Plasticizers, Non-Phthalate Plasticizers, Bio-Based Plasticizers
3) By Ethyl Alcohol: Synthetic Ethyl Alcohol, Fermented Ethyl Alcohol
4) By Silicone (Except Resins): Silicone Fluids, Silicone Elastomers, Silicone Rubbers
5) By Fatty Acids: Saturated Fatty Acids, Unsaturated Fatty Acids, Essential Fatty Acids
6) By Gum And Wood Chemicals: Gum Rosin, Tall Oil, Wood Tar, Pine Chemicals
Order your report now for swift delivery
Which firms are leading the ethyl alcohol and other basic organic chemical market?
Major companies operating in the ethyl alcohol and other basic organic chemical market include Archer-Daniels-Midland Company (ADM), Wacker Chemie AG, Celanese Corporation, Valero Energy Corp, Lanxess AG, Evonik Industries AG, Kao Corporation, The Clorox Co, Eastman Chemical Corporation, Atul Limited, HPCL Biofuels Limited, Advanced Bioenergy LLC, Aventine Renewable Energy, Andersons Ethanol Group, British Petroleum, Braskem, Cargill Corporation, Butamax Advanced Biofuels LLC, Green Plains Inc., Flint Hill Resources LP, LyondellBasell Industries NV, INspec Ethylene Oxide and Specialities (INEOS), Mitsubishi Chemical Corporation, Baden Aniline and Soda Factory ( BASF SE), DowDuPont Inc., PPG Industries Inc., Solvay SA, Huntsman Corporation, Ashland Global Holdings Inc.
How will industry trends affect the trajectory of the ethyl alcohol and other basic organic chemical market?
Chemical companies are increasingly using automation and instrumentation solutions to control the production process more effectively. Automation instruments include control valves, temperature transmitters, level transmitters, flow transmitters, and pressure transmitters that help to improve operational efficiency in manufacturing facilities. For example, Siemens process instrumentation and gas analytics solutions increase productivity and efficiency during plant operations.
Which geographic trends are shaping the ethyl alcohol and other basic organic chemical market, and which region has the highest market share?
Asia-Pacific was the largest region in the ethyl alcohol and other basic organic chemical market in 2023. North America was the second-largest region in the ethyl alcohol and other basic organic chemical market. The regions covered in the ethyl alcohol and other basic organic chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Ethyl Alcohol And Other Basic Organic Chemical Market Report 2025 Offer?
The ethyl alcohol and other basic organic chemical market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
The ethyl alcohol is a clear, colorless liquid made through the hydration of ethylene and basic organic chemicals are substances that contain carbon and hydrogen. The ethyl alcohol is highly flammable and contains pleasant odor and burning taste.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2314
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
