Industrial alcohol is employed in the production of vaccinations, compound tonics, syrups, tinctures, liniments, and antiseptics, as well as medications such as chloroform, atabrine, and barbiturates. Industrial alcohol refers to distilled ethyl alcohol used in industrial applications. It is majorly used as a primary raw material in the production of chemical compounds such as acetaldehyde, ethyl acetate, acetic acid, and others. The main type of industrial alcohol includes isopropyl alcohol, methyl alcohol, ethyl alcohol, isobutyl alcohol, and benzyl alcohol. Isopropyl alcohol is used as an ingredient in various cosmetics and medicinal preparations for external use. Isopropyl alcohol is an isomer of propyl alcohol and a homologue of ethyl alcohol, with properties similar to it when used externally but more toxic when consumed internally. The method used is in the manufacturing of industrial alcohol includes fermentation and synthetic. They are sourced from molasses, sugar, grains, and fossil fuels. The application of industrial alcohol includes fuel, chemical intermediates and solvent, pharmaceuticals, personal care products and food ingredients. The industrial alcohol market research report is one of a series of new reports from The Business Research Company that provides industrial alcohol market statistics, including industrial alcohol industry global market size, regional shares, competitors with an industrial alcohol market share, detailed industrial alcohol market segments, market trends and opportunities, and any further data you may need to thrive in the industrial alcohol industry. This industrial alcohol market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global industrial alcohol market size grew from $143.77 billion in 2022 to $160.49 billion in 2023 at a compound annual growth rate (CAGR) of 11.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The industrial alcohol market size is expected to grow to $247.16 billion in 2027 at a CAGR of 11.4%. The increasing demand for biofuels among end-users is significantly contributing to the growth of the industrial alcohol market going forward. Biofuel is a renewable energy source made from microbial, plant, or animal waste. Global energy consumption is predicted to rise significantly in the next years, and it is widely acknowledged that alternative, sustainable methods to meet those requirements must be developed. Ethanol is also called distilled alcohol or industrial alcohol which is a renewable fuel that is used significantly for the production of biofuel. Ethanol is an alcohol that is also used in gasoline as a blending ingredient to boost octane and reduce carbon monoxide and other smog-causing pollutants to minimize air pollution. For instance, currently, 98% of gasoline in the United States contains ethanol, often E10 (10% ethanol, 90% gasoline). Therefore, increasing demand for biofuels is expected to boost demand for industrial alcohol during the forecast period. Technological advancements are the key trend gaining popularity in the industrial alcohol market. The manufacturer of industrial alcohol is using advanced technology for fast and sustainable production. New and advanced ethanol manufacturing technology is being developed with easy compatibility with the existing processes without much capital expenditure. For instance, in 2021, Arkansas Company added green to the ethanol manufacturing process after receiving funding for technology development. The new novel catalytic membrane technology can be fine-tuned to take corn fiber, a byproduct of the corn-to-ethanol process, and convert it into sugars suitable for ethanol production. In March 2020, MGP Ingredients, Inc., a US-based provider of premium distilled spirits and specialized wheat proteins and starches acquired New Columbia Distillers LLC for an undisclosed amount. With the acquisition, MGP Ingredients is focused on expanding its operational capabilities and market presence across the globe. New Columbia Distillers LLC is a US-based producer of distilled alcohol. Major players in the industrial alcohol market are Cargill Incorporated, Cristalco, Raizen Energia, MGP Ingredients, Green Plains Inc., Sigma-Aldrich, Grain Millers Inc., The Andersons Inc., Flint Hills Resources, Royal Dutch Shell PLC., Exxon Mobil Corporation, Univar Solutions, BASF, and Birla Sugar. North America was the largest region in the industrial alcohol market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial alcohol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the industrial alcohol market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The industrial alcohol market consists of sales of propanol and denatured ethanol. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global industrial alcohol market is segmented - 1) By Type: Isopropyl Alcohol, Methyl Alcohol, Ethyl Alcohol, Isobutyl Alcohol, Benzyl Alcohol 2) By Source: Molasses, Sugar, Grains, Fossil Fuels 3) By Processing Method: Fermentation, Synthetic 4) By Application: Fuel, Chemical Intermediates & Solvent, Pharmaceuticals, Personal care products, Food Ingredients

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. The main types of ethyl alcohol and other basic organic chemicals are synthetic sweeteners, plasticizers, ethyl alcohol, silicone (except resins), fatty acids, gum, and wood chemicals. Ethyl alcohol is a colorless, volatile, flammable liquid C2H5OH that is the intoxicating agent in liquors and is used as a solvent and in fuel. The grades are food grade, industrial grade, and cosmetics grade. The end-user industries are the chemical industry, coating and printing industry, electronics industry, food and pharmaceutical industry, and other end-user industries. The ethyl alcohol and other basic organic chemicals market research report is one of a series of new reports from The Business Research Company that provides ethyl alcohol and other basic organic chemicals market statistics, including ethyl alcohol and other basic organic chemicals industry global market size, regional shares, competitors with an ethyl alcohol and other basic organic chemicals market share, detailed ethyl alcohol and other basic organic chemicals market segments, market trends and opportunities, and any further data you may need to thrive in the ethyl alcohol and other basic organic chemicals industry. This ethyl alcohol and other basic organic chemicals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global ethyl alcohol and other basic organic chemical market grew from $1199.82 billion in 2022 to $1304.77 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. 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%. 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%. Mostly, sugar cane and corn are used to produce ethanol. For example, ethanol has replaced methyl tertiary butyl ether as a gasoline component, and 50% of cars in Brazil are using 100% ethanol as fuel. Ethanol-only engines and flex-fuel engines are also adding to the growth of this market. Furthermore, many state and local governments in emerging markets such as China and India are passing laws for the mandatory blending of ethanol in gasoline and diesel to reduce carbon emissions. For instance, China announced a nationwide ethanol mandate, which expanded the mandatory use of E10 fuel (gasoline containing 10% ethanol) from 11 trial provinces to the entire country by 2020, thus driving the growth of the ethyl alcohol market. Interest rates globally are forecasted to rise in most of the developing and developed economies during the forecast period. This is expected to limit new investments in the market. Most countries across the world are raising interest rates to control inflation and also to limit the flow of capital out of the country. This is likely to affect new investments in terms of expansion, research, and development of new products. For instance, US interest rates are expected to rise by up to 3.5% by 2021. These factors are expected to have a negative impact on the ethyl as borrowing money will become expensive, thereby affecting market growth. 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. Major companies in the ethyl alcohol and other basic organic chemical market include Archer-Daniels-Midland Company (ADM), Wacker Chemie AG, Celanese, Valero Energy Corp, Lanxess AG, Evonik Industries AG, Kao Corporation, The Clorox Co, Eastman Chemical Corporation, and Atul Limited. Asia-Pacific was the largest region in the ethyl alcohol and other basic organic chemical market in 2022. 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. The countries covered in the ethyl alcohol and other basic organic chemical market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The ethyl alcohol and other basic organic chemicals market consists of the sales of tall oil and wood distillates, distil coal tars, wood or gum chemicals, naval stores, natural tanning materials, charcoal briquettes, charcoal, cyclic crudes or cyclic intermediates, aromatic petrochemicals, industrial gases, and synthetic organic dyes and pigments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global ethyl alcohol and other basic organic chemical market 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 Userr Industry: Chemical Industry, Coating & Printing Industry, Electronics Industry, Food & Pharmaceutical Industry, Other End-User Industries

Ethyl alcohol, also known as ethanol or grain alcohol, is a volatile, flammable, colorless liquid industrially used as a chemical intermediate to make pharmaceutical ingredients or as a solvent. Ethyl alcohol is used as a solvent in the synthesis of other organic chemicals, as an ingredient in alcoholic beverages and as a gasoline additive in the automotive industry. The main types of ethyl alcohol are synthetic and fermented. Ethyl alcohol fermentation is defined as the chemical process in which the yeast transforms glucose and fructose in a solution into ethanol, carbon dioxide, and heat. The various applications of ethyl alcohol include industrial solvent, fuel/fuel additive, bacteriacide/disinfectant, beverages, personal care, and other applications. The major end-use industries of ethyl alcohol are automotive, food and beverages, pharmaceutical, personal care, and other end users. The ethyl alcohol market research report is one of a series of new reports from The Business Research Company that provides ethyl alcohol market statistics, including ethyl alcohol industry global market size, regional shares, competitors with an ethyl alcohol market share, detailed ethyl alcohol market segments, market trends and opportunities, and any further data you may need to thrive in the ethyl alcohol industry. This ethyl alcohol market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global ethyl alcohol market size will grow from $526.75 billion in 2022 to $563.12 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ethyl alcohol market size is expected to grow from $721.58 billion in 2027 at a CAGR of 6.4%. Rising demand for ethanol in the food processing industry is contributing to the growth of the ethyl alcohol market. It is used as an intoxicating ingredient in manufacturing alcoholic and non-alcoholic beverages such as vodka and gin. Additionally, ethyl alcohol is also used as a natural product in non-alcoholic beverages as an adjunct. The food processing industry is growing significantly due to increased demand for ready-to-eat, frozen, and packaged foods. As a result, the demand from the food processing industry has also increased due to the growing population through new births and migrations, which further increases the industry's production and demand for ethanol. The demand for ethanol in the food processing industry will lead to the expansion of the global market for ethyl alcohol. For example, in India, the ethanol market is expected to grow to $7.38 billion by 2024 at a CAGR of 14.50% due to ethanol use in applications such as food and beverages. Rising demand for ethanol in the food processing industry is expected to boost the demand for ethyl alcohol during the forecast period, driving the market. The rise in awareness about the ill effects of alcohol consumption is expected to limit the growth of the ethyl alcohol market. According to a study by the World Health Organization (WHO), alcohol consumption is responsible for more than 200 diseases and injury conditions. It possesses a risk of health problems such as mental and behavioral disorders, diseases such as liver cirrhosis, cardiovascular diseases, and injuries from road accidents. With rising awareness of the effects of alcohol consumption on global health, the demand for information on consumption and its related harm and policies has risen significantly. For example, in 2020, according to the Journal of Studies, alcohol awareness in the Yukon increased to 42%, a 10% rise in awareness due to warning labels on alcohol bottles and drugs. This is bound to negatively impact the market. Companies are increasingly producing ethanol from corn and sugar in the ethyl alcohol market. Ethanol is produced from corn by the dry milling process. In this process, corn kernels are ground into flour or mash, which is then mixed with water. It is purified through distillation and dehydration to create ethanol. The rising demand for liquid fuels in the transportation industry, the global rising demand for oil, and the negative consequences of global warming have contributed to the increased use of corn-based sugar to produce ethanol, thereby reducing global warming gases. It can be used in many of today's passenger cars and trucks as a substitute for burning gasoline. The US Department of Agriculture (USDA) predicts that during the 2020–21 crop season, 5.2 billion hectares of corn will go to ethanol generation, an increase of 250 million hectares compared to the approximate amount of corn that moved to ethanol processing during the 2019–20 crop season. Additionally, the U.S. and Brazil produce 85% of the global ethanol from corn. Production of ethanol from corn helps in reducing greenhouse gases by 18%, and production of ethanol from sugar helps in reducing greenhouse gases by 90%. Production of ethanol from corn and sugar offers several advantages, such as reducing greenhouse gases and decreasing dependency on foreign oil. In October 2022, CIE, a US-based global provider of grain-based, high-quality, specialty alcohols acquired the assets of Elkhorn Valley Ethanol from Louis Dreyfus Company, a global agricultural commodities firm. The acquisition increases the capacity, expands the footprint, and increases the customer base of CIE with the addition of assets of Elkhorn Valley Ethanol. Elkhorn Valley Ethanol is an American producer of ethanol. Major players in the ethyl alcohol market are Advanced Bioenergy LLC., Andersons Ethanol Group, Archer Daniels Midland Company, Aventine Renewable Energy, Braskem, British Petroleum, Cargill Corporation, Green Plains Inc., Kirin Holding Company, and LyondellBasell Industries NV. Asia-Pacific was the largest region in the ethyl alcohol market in 2022. North America was the second largest market in the global ethyl alcohol market. The regions covered in the global ethyl alcohol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the ethyl alcohol market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The ethyl alcohol market consists of the sales of ethyl alcohol used in products such as perfumes, aftershaves, beverages, liniments, colognes, medicinal liquids, mouthwashes, and rubbing alcohols. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global ethyl alcohol market is segmented - 1) By Type: Synthetic, Fermented 2) By Application: Industrial Solvent, Fuel/Fuel Additive, Bacteriacide/Disinfectant, Beverages, Personal Care, Other Applications 3) By End User Industry: Automotive, Food and Beverages, Pharmaceutical, Personal Care, Other End Use Industries

Chemical compounds are substances that are produced based on the transformation of organic and inorganic raw materials by a chemical process and the formulation of products. Chemicals have characteristics such as flammability, toxicity, acidity, reactivity, and heat of combustion. The main types of chemicals are general chemical products, printing inks, toiletries, soap and cleaning compounds, adhesives, paints and coatings, pesticide and other types of agricultural chemicals, chemical fertilizers, synthetic rubber and fibers, plastic material and resins, ethyl alcohol, and other basic types of organic chemical, and other types of basic inorganic chemical, synthetic dye, and pigment, industrial gas, and petrochemicals. Printing ink is ink used in printing and contains a pigment or pigments of the required color mixed with oil or varnish. The types of intermediate chemicals are methanol, ethylene oxide, and propylene oxide. The end-users involved are pharmaceuticals, agrochemicals, water treatment, construction, paints and dyes, oil and gas, rubber chemicals, surfactants, personal care, and other end-users. The chemicals market research report is one of a series of new reports from The Business Research Company that provides chemicals market statistics, including chemicals industry global market size, regional shares, competitors with a chemicals market share, detailed chemicals market segments, market trends and opportunities, and any further data you may need to thrive in the chemicals industry. This chemicals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global chemicals market grew from $4700.13 billion in 2022 to $5079.29 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The chemicals market is expected to grow to $6851.59 billion in 2027 at a CAGR of 7.8%. Interest rates were low in most developed countries during this period. This positively impacted the growth of the chemicals market. For instance, in March 2020, the Bank of England, a UK-based central bank, reduced interest rates to 0.1%, the lowest level ever, as a measure of protest against COVID-19. These low-interest rates encouraged borrowing and increased the flow of money for investment. This allowed chemical companies to borrow money for process improvements, thus driving the market during the historic period. Rising costs had a negative impact on the growth of the industrial gas market during the forecast period. This rise in raw material costs resulted in higher manufacturing costs, thus decreasing the investments available for research and development of new products. Additionally, companies invested heavily in marketing their products due to intense competition in the market. Rising trucking, railroad, dry-bulk, and air-freight rates also negatively impacted the market. This rise in operating costs increased the pressure on companies to protect margins while maintaining the quality of their products. Chemical companies are increasingly adopting sustainable and eco-friendly processes to eliminate the negative impact of chemical manufacturing on the environment. Evolution in technology and chemical sciences enables chemical companies to utilize alternative fuels to produce chemical products. They are using naturally available carbon dioxide to produce fuels, industrial products, and other substances. For instance, Akzo Nobel N.V., a chemicals and coatings giant, is planning to make a seven-figure investment in Green Lizard Technologies’ patented process to make surfactants from plants rather than from oils. Major companies in the chemicals market include JXTG Holdings Inc., Sinopec Limited, BASF SE, Procter & Gamble, Unilever plc, L'Oreal SA, Dow Inc., Saudi Basic Industries Corporation (SABIC), Mitsubishi Chemical Holdings Corp, and Guardian Industries, LLC. Asia-Pacific was the largest region in the chemicals market in 2022. North America was the second-largest region in the chemicals market. The regions covered in the chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the chemicals market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The chemicals market consists of the sales of petrochemicals, industrial gas, ethyl alcohol, organic chemicals and inorganic chemicals, resins, synthetic rubber, and artificial and synthetic fibers and filaments, pesticides, fertilizers, and other agricultural chemicals. The chemicals industry establishments produce a variety of chemical products by processing raw materials such as air, water, natural gas, oil, metals and minerals. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global chemicals market is segmented - 1) By Type: General Chemical Product, Printing Inks, Toiletries, Soap and Cleaning Compounds, Adhesives, Paints and Coatings, Pesticide and Other Agricultural Chemicals, Chemical Fertilizers, Synthetic Rubber and Fibers, Plastic Material and Resins, Ethyl Alcohol and Other Basic Organic Chemical, Other Basic Inorganic Chemical, Synthetic Dye and Pigment, Industrial Gas, Petrochemicals 2) By Type of Intermediate Chemicals: Methanol, Ethylene Oxide, Propylene Oxide 3) By End User: Pharmaceuticals, Agrochemicals, Water Treatment, Construction, Paints and Dyes, Oil & Gas, Rubber Chemicals, Surfactants, Personal Care, Other End-Users Subsegments Covered: Oil-Based Printing Inks, Solvent-Based Printing Inks, Water-Based Printing Inks, Lotions (Including Sunscreens), Hair Preparations, Face Creams, Perfumes, Shaving Preparations, Other Cosmetic Preparations, Soap and Other Detergents, Surface Active Agents, Polish and Other Sanitation Goods, Water-Based Adhesives, Solvent-Based Adhesives, Hot-Melt-Based Adhesives, Reactive & Other Adhesives, Water Borne Coatings, Solvent Based Coatings, Powder Coatings, Other Paints and Coatings, Herbicides, Insecticides, Fungicides, Other Pesticide and Other Agricultural Chemicals, Nitrogen Fertilizer, Phosphate Fertilizer, Potash Fertilizer, Synthetic Fibers, Styrene Butadiene Rubber (SBR), Polybutadiene (BR), Ethylene Propylene (EPDM), Other Synthetic Rubber and Fibers, Polypropylene-Plastic Material and Resins, High-Density Polyethylene, Poly-Vinyl Chloride, Polyethylene Terephthalate, Polyurethane, Low-Density Polyethylene, Polystyrene-Plastic Material and Resins, Other Plastic Material and Resins, Synthetic Sweeteners, Plasticizers, Ethyl Alcohol, Silicone (except Resins), Fatty Acids, Gum and Wood Chemicals Synthetic Dye, Synthetic Pigments, Nitrogen, Oxygen, Carbon Dioxide, Hydrogen, Other Industrial Gas, Ethylene-Petrochemicals, Propylene-Petrochemicals, Benzene-Petrochemicals, Xylene, Styrene-Petrochemicals, Toluene, Cumene, Other Petrochemicals

The glycol ethers are used as solvents and stabilizers in a variety of personal, household, and industrial products. Glycol ethers are a large group of solvents that are colorless liquids with a higher boiling point, a slight odor, and a lower molecular weight compared to other solvents. The ether groups would introduce additional sites for hydrogen bonding with improved hydrophilic solubility performance. The main types of glycol ethers are e-series and p-series. P-series glycol ethers are commonly utilized in degreasers, cleaners, aerosol paints, and adhesives. These are applicable insolvent, anti-icing, hydraulic and brake fluid, and chemical intermediates, and are used in paints and coatings, printing, pharmaceuticals, cosmetics and personal care, adhesives, and other end-users. The Glycol Ethers Market Research Report is one of a series of new reports from The Business Research Company that provides glycol ethers market statistics, including glycol ethers industry global market size, regional shares, competitors with a glycol ethers market share, detailed glycol ethers market segments, market trends and opportunities, and any further data you may need to thrive in the glycol ethers industry. This glycol ethers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global glycol ethers market size grew from $6.74 billion in 2022 to $7.36 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The glycol ethers market size is expected to grow to $9.72 billion in 2027 at a CAGR of 7.2%. Rapid growth in the personal care and cosmetic industry is expected to propel the growth of the glycol ether market going forward. The personal care and cosmetic industry involve the manufacturing of products related to beauty and cosmetics. The glycol ethers are majorly used in different personal and cosmetics products, such as hair care products, cleanliness products, skincare products, bath products, and others. For instance, according to Exploding Topics, a US-based internet publishing site, the beauty industry’s revenue is expected to exceed $120 billion by 2025. Therefore, the rise in growth of the personal care and cosmetic industries drives the glycol ether market. Strategic partnerships are a key trend gaining popularity in the glycol ether market. Major companies operating in the glycol ethers sector are searching for strategic alliances to help them strengthen their position in the market. For instance, in March 2022, Saudi Arabian Oil Company (Aramco), through its Saudi Aramco Asia Company Limited (SAAC) subsidiary, a Saudi Arabia-based petroleum and natural gas company, collaborated with China Petroleum and Chemical Corporation. This collaboration reinforces the long-standing relationship with Sinopec and enhances its presence in Asia. China Petroleum and Chemical Corporation is a China-based energy and chemical company. Further, in October 2021, Dow Chemicals, a US-based company operating in glycol ether solvents, partnered with Haldor Topsoe. With this partnership, Dow and Topsoe have formed a new cooperative to efficiently transform waste plastics into circular plastics, keeping them out of the environment and returning their value sustainably. Haldor Topsoe is a Denmark-based company specializing in carbon reduction technologies. In January 2020, Indorama Ventures, a Thailand-based producer of intermediate petrochemicals, acquired Huntsman’s chemical intermediate and surfactant business for an amount of $2.1 billion. This acquisition would enhance Indorama's higher-margin integrated oxides and derivatives and specialty chemicals segments. Huntsman Corporation is a US-based manufacturer of chemical products, including glycol ethers. Major players in the glycol ether market are The Dow Chemical Company, HanNong Chemicals Inc., BASF SE, INEOS Group Ltd., India Glycols Limited, Solvay SA, Shell PLC., Jiangsu Yida Chemical Co. Ltd., China Petroleum & Chemical Corporation, Huntsman International LLC, Nippon Nyukazai Co. Ltd., Oxiteno, KH Neochem Co. Ltd., and Sasol Limited. North America was the largest region in the glycol ether market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glycol ether market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the glycol ether market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The glycol ether market consists of sales of butyl glycol and butyl di glycol. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global glycol ethers market is segmented - 1) By Type: E-Series, P-Series 2) By Application: Solvent, Anti-icing, Hydraulic and Brake Fluid, Chemical Intermediates 3) By End User: Paints and Coatings, Printing, Pharmaceuticals, Cosmetics and Personal Care, Adhesives, Other End-Users

The cellulose esters and ethers include cellulose ethers which are nothing but water-soluble polymers obtained from cellulose and cellulose esters. These polymers are very abundantly used for thickening paint in the paint industry and used as thickeners in the food and beverages industry. These polymers have also found application in the pharmaceuticals and cigarette industry recently. The main types of cellulose esters and ethers are cellulose acetate, cellulose nitrate, carboxymethyl cellulose, methyl cellulose, ethyl cellulose, hydroxyethyl cellulose, hydroxypropyl cellulose. Cellulose acetate, also referred to as synthetic compound is obtained from the acetylation of the plant substance cellulose. Cellulose acetate is revolved into textile fibers, which is addressed in different names such as acetate rayon, acetate, or triacetate. Cellulose esters and ethers can be processed by various methods such as the kraft process, sulfite process that can be used by food and beverages, oil and gas, paper and board, paints and adhesive, detergents, other industries. The cellulose esters and ethers market research report is one of a series of new reports from The Business Research Company that provides cellulose esters and ethers market statistics, including cellulose esters and ethers industry global market size, regional shares, competitors with a cellulose esters and ethers market share, detailed cellulose esters and ethers market segments, market trends and opportunities, and any further data you may need to thrive in the cellulose esters and ethers industry. This cellulose esters and ethers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global cellulose esters and ethers market size grew from $5.68 billion in 2022 to $6.12 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The cellulose esters and ethers market size is expected to grow to $8.24 billion in 2027 at a CAGR of 7.7%. The growth of the personal care industry is driving the growth of the cellulose esters and ethers market. Cellulose esters and ethers are employed in personal care products like body lotions, shampoos, face creams, and cold creams owing to their excellent binding, thickening, stabilizing, and moisturizing properties. For instance, according to the financial express data 2021, an Indian daily, India’s beauty and personal care market is estimated at $ 25.9 billion in 2020 and is projected to reach $ 32.7 billion by 2023. There has never been a better time to run a direct-to-consumer beauty and personal care brand in India. Therefore, the growth of the personal care industry is driving the growth of the cellulose esters and ethers market. The development of innovative products are shaping the cellulose esters and ethers market. Advancements in technology and the increasing trend of cellulose esters and ethers technology are also encouraging market demand. For instance, in 2021, CHIRALPAK® IK, a new selectivity capability added to the Daicel portfolio, was introduced by Daicel Chiral Technologies. Daicel Chiral Technologies is a US-based pharmaceutical company. This novel immobilized selector builds on the success of CHIRALPAK IG, which is one of the most widely used chiral chromatography phases in laboratories throughout the world. CHIRALPAK IK uses the same chemical derivatization as CHIRALPAK IG, but with cellulose instead of amylose as the polymer. Daicel Chiral Technologies President Joseph M. Barendt, Ph.D., stated, "CHIRALPAK IK promises to add novel separations of molecules that may be examined with Daicel's line of Immobilized columns. In 2021, Polyplastics Co., Ltd. headquartered in Tokyo, manufactures and sells various types of polymers and plastics has acquired Daicel-Evonik Ltd. for an undisclosed amount. With this acquisition, Polyplastics Co., Ltd. expands the product portfolio and promotes co-creation with Evonik Industries AG to grow the business and create synergy. Daicel-Evonik Ltd. Headquarters in Germany is involved in the development of Polyamide 12, PEEK, and other high-quality, high-performance polymers including cellulose esters and ethers. Major players in the cellulose esters and ethers market are Borregaard, Rayonier Advanced Materials, Celanese Corporation, Eastman Chemical Company, Nouryon, Ashland, Daicel Corporation, Dow, Sappi, Lamberti S.p.A, Asha Cellulose Pvt ltd., Sichuan Push Acetati, Acordis Cellulostic Fibres, J.M. Huber Corporation, and Georgia-Pacific. North America was the largest region in the cellulose esters and ethers market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cellulose esters and ethers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Cellulose Esters and Ethers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The cellulose esters and ethers market consists of sales of carboxymethylcellulose CMC, hydroxyethylcellulose (HEC) and hydroxylpropylcellulose (HPC). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global cellulose esters and ethers market is segmented - 1) By Product: Cellulose Acetate, Cellulose Nitrate, Carboxymethyl Cellulose, Methyl Cellulose, Ethyl Cellulose, Hydroxyethyl Cellulose, Hydroxypropyl Cellulose 2) By Process: Kraft Process, Sulphite Process 3) By End User Industry: Food And Beverages, Oil And Gas, Paper And Board, Paints And Adhesive, Detergents, Other End Users

The mono ethylene glycol is used in the manufacturing of polyester and as a corrosion inhibitor in antifreeze and coolants. Monoethylene glycol is an odorless and colorless chemical substance that is produced from ethylene in the process of manufacturing ethylene oxide. The main types of mono ethylene glycol are gas-based, naphtha-based, coal-based, methane-to-olefins, and bio-based. Gas-based monoethylene is the source of energy that comes from the remains of ancient plants and plankton, generally called fossil fuels. The different applications include polyester fiber, polyethylene terephthalate resins, polyethylene terephthalate film, antifreeze, and others. The different end-users include textiles and leather, packaging, adhesives and sealants, paints and coatings, chemicals, and others. The mono ethylene glycol market research report is one of a series of new reports from The Business Research Company that provides mono ethylene glycol market statistics, including global market size, regional shares, competitors with a mono ethylene glycol market share, detailed mono ethylene glycol market segments, market trends and opportunities, and any further data you may need to thrive in the mono ethylene glycol industry. This mono ethylene glycol market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global monoethylene glycol market size grew from $30.71 billion in 2022 to $33.35 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The monoethylene glycol market size is expected to grow to $43.07 billion in 2027 at a CAGR of 6.6%. The rise in the packaging industry is significantly contributing to the growth of the mono ethylene glycol market going forward. Packaging refers to enclosing or protecting products for distribution, storage, sale, and use. As a result, increasing demand in the packaging industry increases the demand for mono ethylene glycol. For instance, in 2021, according to the India Brand Equity Foundation, an Indian government export promotion agency, packaging demand and consumption in India increased 200%, from 4.3 kgs per person per annum (PPPA) to 8.6 kgs PPPA. Further, in June 2021, according to Financial Express, an Indian business newspaper, the sustainable packaging industry in India is estimated to grow by 4-6% and account for 770–800 kilo tons (KT) by 2024. Therefore, the rise in the packaging industry is driving the growth of the monoethylene glycol market going forward. Strategic partnerships have emerged as the key trend gaining popularity in the mono ethylene glycol market. Major companies operating in the mono ethylene glycol sector are looking for partnerships to reinforce their position in the market. For instance, in March 2022, Braskem, a Brazil-based petrochemical company, partnered with Sojitz Corporation, a Japan-based trading company. This partnership aims to increase the industrial production and sale of chemicals made from renewable sources. Further, in July 2021, Clariant AG, a Switzerland-based chemical company, partnered with India Glycols, an India-based green technology-based chemicals company. Through this partnership, both companies established a 51-49% joint venture for renewable ethylene oxide (EO) derivatives after receiving all necessary regulatory approvals. In June 2020, Saudi Arabian Oil Co., a Saudi Arabia-based petroleum and natural gas company, acquired a 70% stake in Saudi Basic Industries Corp (SABIC) for a deal amount of USD69.1 billion. Through this acquisition, Saudi Aramco is expected to develop a global integrated downstream business designed to add value across the hydrocarbon chain. SABIC is a Saudi Arabia-based chemical company that produces a range of polymers, monoethylene glycol, performance chemicals, fertilizers as well as steel products. Major players in the mono ethylene glycol market are BASF SE, Dow Chemical Company, LyondellBasell Industries Holdings B.V., Royal Dutch Shell plc, MEGlobal B.V., Reliance Industries Limited, Mitsubishi Chemical Corporation, Indian Oil Corporation Limited, Lotte Chemical Corporation, Nan Ya Plastics Corporation, India Glycols, ExxonMobil Corporation, Formosa Plastics Corporation, Sinopec, and SIBUR International GmbH. Asia-Pacific was the largest region in the mono ethylene glycol market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mono ethylene glycol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the mono ethylene glycol market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The mono ethylene glycol market consists of sales of naphtha based mono ethylene glycol and gas based mono ethylene glycol. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global monoethylene glycol market is segmented - 1) By Production Process: Gas-Based, Naphtha-Based, Coal-Based, Methane-to-Olefins (MTO), Bio-Based 2) By Application: Polyester Fiber, Polyethylene Terephthalate (PET) Resins, Polyethylene Terephthalate (PET) Film, Antifreeze, Other Applications 3) By End Users: Textiles and Leather, Packaging, Adhesives and Sealants, Paints and Coatings, Chemical, Other End Users

Ethyl acetate is the acetate ester organic compound formed by the combination of acetic acid and ethanol. It’s a colorless liquid with a fruity odor that has less density than water and vaporizes in air. Ethyl acetate is a natural product found in various plants such as vitis rotundifolia, cinnamomum burmannii, and others. Ethyl acetate is used as solvents in paints, coatings, cleaning mixtures, decaffeinating coffee beans, and others. The main sales channel of ethyl acetate is direct company sales. direct import and distributors & traders. Direct company sale refers to the use of various activities to sell ethyl acetate products directly to the customers. The various applications of ethyl acetate include adhesives and sealants, paints and coatings, pigments, process solvents intermediates, and other applications that are used by end-users industries such as includes automotive, artificial leather, food and beverage, pharmaceuticals, and other end-user industries. The ethyl acetate market research report is one of a series of new reports from The Business Research Company that provides Ethyl acetate market statistics, including ethyl acetate industry global market size, regional shares, competitors with ethyl acetate market share, detailed Ethyl acetate market segments, market trends and opportunities, and any further data you may need to thrive in the ethyl acetate industry. This ethyl acetate market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global ethyl acetate market size grew from $4.32 billion in 2022 to $4.76 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The ethyl acetate market size is expected to grow to $6.68 billion in 2027 at a CAGR of 8.8%. The increasing demand for paints and coatings is expected to propel the growth of the ethyl acetate market. Ethyl acetate is commonly used as an industrial solvent in paints and coatings to dissolve pigments and act as a hardener, which gives long-lasting effects after application to surfaces. The construction industry and the application of painting and coating to existing buildings and infrastructure for décor and protection have significantly increased the usage of paints and coatings applications. According to the European Coatings article, paints and coatings saw a rise in volume from 14 percent in 2021 to 22 percent in 2022 with the majority of applications decorating new and old infrastructure. Therefore, the increasing demand for paint and coating applications is driving the growth of the ethyl acetate market. Technological advancement is the key trend gaining popularity in the ethyl acetate market. Major companies operating in the ethyl acetate market are focused on developing technologically advanced solutions to strengthen their market position. For instance, in October 2020, Linde plc, a Germany-based company operating in industrial gases and the production of ethyl acetate, launched Linde EDHOX ethylene technology. Linde EDHOX ethylene technology works on catalytic technology, a chemical process in which the catalyst or substrate is added to change the pace of the reaction to get the desired result. Linde EDHOX is an oxidative process that converts ethane into ethylene and acetic acid in mild conditions in a commercial-size reactor. In January 2021, Ineos Group Ltd., a United Kingdom-based chemicals company, acquired BP plc's Aromatics & Acetyls business for a $5 billion deal. With the acquisition, INEOS aims to strengthen its petrochemical, aromatics, and acetyls product portfolio and gain the reach of the business. BP plc is a United Kingdom-based company operating in petrochemicals and ethyl acetate. Major players in the ethyl acetate market are Celanese Corporation, Daicel Corporation, Eastman Chemical Company, Ineos Capital Limited, Jiangsu Sopo Group Co Ltd., Jubilant Ingrevia Limited, Kai Co Ltd., Sipchem Company, Showa Denko K.K, Wuxi Baichuan Chemical Industrial Co Ltd., Yip’S Chemical Holdings Ltd., Solventis, Ashok Alco - Chem Limited (Aacl), Svensk Etanol Kemi Ab (Sekab), Indo Acidatama Tbk Pt, Solvay S.A., Merck Kgaa, Shandong Jinyimeng Group Co Ltd., Godavari Biorefineries Ltd., Lonza Group, and Iol Chemicals And Pharmaceuticals Ltd. Asia-Pacific was the largest region in the ethyl acetate market in 2022 and is expected to be the fastest-growing region in the forecast period. The regions covered in ethyl acetate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the ethyl acetate market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The ethyl acetate market consists of sales of ethyl acetate that is used as solvent for varnishes, paints and lacquers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global ethyl acetate market is segmented - 1) By Sales Channel: Direct Company Sale, Direct Import, Distributors and Traders. 2) By Application: Adhesives and Sealants, Paints and Coatings, Pigments, Process Solvents, Intermediates, Other Applications. 3) By End-user Industry: Automotive, Artificial Leather, Food and Beverage, Pharmaceuticals, Other End-user Industries.