Ethyl Alcohol And Other Basic Organic Chemical Global Market To Reach Value Of About $1.09 Trillion In 2025

8 Mar, 2021

The ethyl alcohol and other basic organic chemicals market consists of the sales of ethyl alcohol and other basic organic chemicals by entities (organizations, sole traders or partnerships) that distil wood or gum into products, such as tall oil and wood distillates; distil coal tars; produce wood or gum chemicals, such as naval stores, natural tanning materials, charcoal briquettes, and charcoal (except activated); produce cyclic crudes or cyclic intermediates (i.e., hydrocarbons, except aromatic petrochemicals) from refined petroleum or natural gas; and/or produce basic organic chemical products (except aromatic petrochemicals, industrial gases, synthetic organic dyes and pigments, gum and wood chemicals, cyclic crudes and intermediates, and ethyl alcohol).

Global Ethyl Alcohol And Other Basic Organic Chemical Market Size And Drivers:

The global ethyl alcohol and other basic organic chemical market is expected to grow from $867.84 billion in 2020 to $953.99 billion in 2021 at a compound annual growth rate (CAGR) of 9.9%. The market is expected to reach $1.09 trillion in 2025 at a CAGR of 4%. Ethyl alcohol, or ethanol, is being used as a combination with motor fuel in some countries. Ethyl alcohol used for fuel is being blended into gasoline at concentrations of 5% to 10%, thus driving the growth of the ethyl alcohol market.

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Trends In The Global 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.

Global Ethyl Alcohol And Other Basic Organic Chemical Market Segments:
The global ethanol and other basic organic chemical market is further segmented based on type, end user industry, grade and geography.
By Type:Synthetic Sweeteners, Plasticizers, Ethyl Alcohol, Silicone (except Resins), Fatty Acids, Gum And Wood Chemicals.
By End-User Industry: Chemical Industry, Coating & Printing Industry, Electronics Industry, Food & Pharmaceutical Industry, Others.
By Grade:Food Grade, Industrial Grade, Cosmetics Grade.
By Geography:The global ethyl alcohol and other basic organic chemical 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 chemical market, accounting for 57% of the total market.

Read More On The Report For The Global Ethyl Alcohol And Other Basic Organic Chemical Market At:

https://www.thebusinessresearchcompany.com/report/ethyl-alcohol-and-other-basic-organic-chemical-global-market-report-2020-30-covid-19-impact-and-recovery

Ethyl Alcohol And Other Basic Organic Chemical Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides ethyl alcohol and other basic organic chemical market overviews, analyzes and forecasts market size and growth for the global ethyl alcohol and other basic organic chemical market, ethyl alcohol and other basic organic chemical market share, ethyl alcohol and other basic organic chemical market players, ethyl alcohol and other basic organic chemical market segments and geographies, ethyl alcohol and other basic organic chemical market’s leading competitors’ revenues, profiles and market shares. The ethyl alcohol and other basic organic chemical market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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