Ethyl alcohol and other basic organic chemicals are a broad class of substances containing carbon and its derivatives. Many of these chemicals contain hydrogen with or without oxygen, nitrogen, sulfur, phosphorus, and other elements. They exist in either carbon chain or a carbon ring form. Acetic acid, methanol, ethyl alcohol, formaldehyde, citric acid, aromatic polymers and other basic organic chemicals are part of this segment and find their applications in drugs, pesticides, plastics, cosmetics and other products.
The global ethyl alcohol and other basic organic chemicals market was valued at around $700 billion in 2017. Western Europe was the largest region in the ethyl alcohol and other basic organic chemicals market in 2017, accounting for 39% market share. The USA was the largest country in the market in 2017, accounting for above 20% market share.
Phthalate plasticizers are losing ground to non-phthalate plasticizers. Some companies are avoiding the use of phthalates in their products to reduce the risk of liability. Citrate esters derived from citric acid are also being used to replace phthalate plasticizers.
The top four companies covered are ADM Company, DowDuPont Inc., Celanese Corporation and Raízen. Archer Daniels Midland Co. is the largest company in the ethyl alcohol and other basic organic chemicals industry.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The ethyl alcohol and other basic organic chemicals market is segmented into Synthetic Sweeteners, Plasticizers, Ethyl alcohol, Silicone, Fatty acids, and Gum And Wood Manufacturing.
Synthetic Sweeteners are chemically-processed substances that are used in place of sweeteners with sugar (sucrose) or sugar alcohols. Applications include weight loss assistance, dental care, and diets for patients with diabetes mellitus and reactive glycaemia.
Plasticizers are chemical additives used to increase the plasticity or fluidity of a material. The dominant applications are for rubber, resins and plastics especially polyvinyl chloride (PVC).
Ethyl Alcohol is a volatile, flammable, colourless liquid industrially used as a chemical intermediate to make pharmaceutical ingredients or as a solvent. It is also used in the manufacture of liquid soap, detergents, coating, printing inks and ethyl alcohol and other basic organic chemicals.
Silicone (except resins) is characterized by thermal stability, a hydrophobic nature and physiological inertness, and is widely used in the medical industry for surgical implants and dental impression materials. Silicones also find a use in the manufacturing of ethyl alcohol and other basic organic chemicals, lubricants and synthetic rubber.
Fatty Acids comprise a straight chain of an even number of carbon atoms, with hydrogen atoms along the length of the chain and at one end of the chain and a carboxyl group (-COOH) at the other end. Fatty acids are the building blocks for fats in the human body and acts as an agent that manage inflammation in the body.
Gum And Wood Manufacturing includes establishments that produce hardwood and softwood distillation products, wood and naval stores, charcoal, natural dyestuffs, and natural tanning materials.