Press release
Key Trend Reshaping the Ethyl Alcohol And Other Basic Organic Chemical Market in 2025: Automation And Instrumentation Boosting Efficiency In Chemical Manufacturing
What Are the Projections for the Size and Growth Rate of the Ethyl Alcohol And Other Basic Organic Chemical Market?
The market size for ethyl alcohol and other fundamental organic chemicals has seen a significant increase in recent years. The market, which was worth $1421.16 billion in 2024, is anticipated to rise to $1556.21 billion in 2025, showcasing a compound annual growth rate (CAGR) of 9.5%. This growth during the historic period can be linked to factors such as industrialization, the expansion of the petrochemical industry, consumer product manufacturing, the agricultural chemical sector, and demands from the energy sector.
Expectations are high for robust expansion of the ethyl alcohol and other basic organic chemical market in the coming years. Its size is anticipated to surge to $2139.16 billion by 2029, with a projected compound annual growth rate (CAGR) of 8.3%. The predicted growth during the forecast period can be accredited to factors such as the development of renewable energy and biofuels, environmental regulations, circular economy strategies, the uptake of green chemistry legislation, and health and wellness movements. Dominant trends expected during this projection period encompass bio-based chemicals, specialty chemicals, eco-friendly packaging, carbon capture and utilization (ccu), and expansions in personal care and cosmetics sectors.
What Are the Main Catalysts for Growth in the Ethyl Alcohol And Other Basic Organic Chemical Market?
The surge in alcoholic beverage consumption is predicted to accelerate the expansion of the ethyl alcohol and other basic organic chemicals market in the foreseeable future. Alcoholic beverages, which contain at least 1% alcohol by volume and are deemed suitable for human consumption, primarily contain ethyl alcohol (ethanol), which is the main psychoactive component. Other fundamental organic substances, such as flavor compounds and sugars, enhance the taste, aroma, and complexity of these beverages, enriching the overall sensory experience. For example, statistics provided by Kirin Holdings Co. Ltd in December 2023, a Japanese company specializing in both alcoholic and non-alcoholic beverages and pharmaceutical products, revealed a growth of about 5.4 million kiloliters, or roughly 8.5 billion bottles (633 ml each), in global beer consumption in 2022 compared to the previous year. Hence, the uptick in alcoholic beverage consumption is expected to spur the ethyl alcohol and other basic organic chemicals market.
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Which Businesses Are at the Forefront of Ethyl Alcohol And Other Basic Organic Chemical Market Development?
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.
What Are the Latest Innovations in the Ethyl Alcohol And Other Basic Organic Chemical Market?
There is a growing trend among chemical companies to adopt automation and instrumentation solutions for better management of their production process. The automation tools, which encompass control valves, temperature transmitters, level transmitters, flow transmitters, and pressure transmitters, assist in augmenting operational efficacy in manufacturing units. For instance, Siemens process instrumentation and gas analytics solutions contribute to heightened productivity and efficiency throughout plant functions.
How Is the Ethyl Alcohol And Other Basic Organic Chemical Market Segmented?
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
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/ethyl-alcohol-and-other-basic-organic-chemical-global-market-report
Where Is the Ethyl Alcohol And Other Basic Organic Chemical Market Growth Most Prominent?
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 Is Covered In The Ethyl Alcohol And Other Basic Organic Chemical Global Market Report?
- Market Size Analysis: Analyze the Ethyl Alcohol And Other Basic Organic Chemical Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Ethyl Alcohol And Other Basic Organic Chemical Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Ethyl Alcohol And Other Basic Organic Chemical Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Ethyl Alcohol And Other Basic Organic Chemical Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2314
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
The market size for ethyl alcohol and other fundamental organic chemicals has seen a significant increase in recent years. The market, which was worth $1421.16 billion in 2024, is anticipated to rise to $1556.21 billion in 2025, showcasing a compound annual growth rate (CAGR) of 9.5%. This growth during the historic period can be linked to factors such as industrialization, the expansion of the petrochemical industry, consumer product manufacturing, the agricultural chemical sector, and demands from the energy sector.
Expectations are high for robust expansion of the ethyl alcohol and other basic organic chemical market in the coming years. Its size is anticipated to surge to $2139.16 billion by 2029, with a projected compound annual growth rate (CAGR) of 8.3%. The predicted growth during the forecast period can be accredited to factors such as the development of renewable energy and biofuels, environmental regulations, circular economy strategies, the uptake of green chemistry legislation, and health and wellness movements. Dominant trends expected during this projection period encompass bio-based chemicals, specialty chemicals, eco-friendly packaging, carbon capture and utilization (ccu), and expansions in personal care and cosmetics sectors.
What Are the Main Catalysts for Growth in the Ethyl Alcohol And Other Basic Organic Chemical Market?
The surge in alcoholic beverage consumption is predicted to accelerate the expansion of the ethyl alcohol and other basic organic chemicals market in the foreseeable future. Alcoholic beverages, which contain at least 1% alcohol by volume and are deemed suitable for human consumption, primarily contain ethyl alcohol (ethanol), which is the main psychoactive component. Other fundamental organic substances, such as flavor compounds and sugars, enhance the taste, aroma, and complexity of these beverages, enriching the overall sensory experience. For example, statistics provided by Kirin Holdings Co. Ltd in December 2023, a Japanese company specializing in both alcoholic and non-alcoholic beverages and pharmaceutical products, revealed a growth of about 5.4 million kiloliters, or roughly 8.5 billion bottles (633 ml each), in global beer consumption in 2022 compared to the previous year. Hence, the uptick in alcoholic beverage consumption is expected to spur the ethyl alcohol and other basic organic chemicals market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2314&type=smp
Which Businesses Are at the Forefront of Ethyl Alcohol And Other Basic Organic Chemical Market Development?
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.
What Are the Latest Innovations in the Ethyl Alcohol And Other Basic Organic Chemical Market?
There is a growing trend among chemical companies to adopt automation and instrumentation solutions for better management of their production process. The automation tools, which encompass control valves, temperature transmitters, level transmitters, flow transmitters, and pressure transmitters, assist in augmenting operational efficacy in manufacturing units. For instance, Siemens process instrumentation and gas analytics solutions contribute to heightened productivity and efficiency throughout plant functions.
How Is the Ethyl Alcohol And Other Basic Organic Chemical Market Segmented?
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
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/ethyl-alcohol-and-other-basic-organic-chemical-global-market-report
Where Is the Ethyl Alcohol And Other Basic Organic Chemical Market Growth Most Prominent?
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 Is Covered In The Ethyl Alcohol And Other Basic Organic Chemical Global Market Report?
- Market Size Analysis: Analyze the Ethyl Alcohol And Other Basic Organic Chemical Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Ethyl Alcohol And Other Basic Organic Chemical Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Ethyl Alcohol And Other Basic Organic Chemical Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Ethyl Alcohol And Other Basic Organic Chemical Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2314
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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