PUBLISHER: The Business Research Company | PRODUCT CODE: 1712437
PUBLISHER: The Business Research Company | PRODUCT CODE: 1712437
Ethyl alcohol is a transparent, colorless liquid produced by hydrating ethylene, while basic organic chemicals are compounds containing carbon and hydrogen atoms. Ethyl alcohol is notably flammable and possesses a pleasant odor and a burning taste.
Ethyl alcohol and other basic organic chemicals are categorized into various types, including synthetic sweeteners, plasticizers, ethyl alcohol, silicone (except resins), fatty acids, gum, and wood chemicals. Ethyl alcohol is a clear, volatile, and flammable liquid with the chemical formula C2H5OH, which is the active ingredient in alcoholic beverages, serves as a solvent, and is used in fuel production. It is available in different grades, including food grade, industrial grade, and cosmetics grade. These chemicals find applications in various industries, including the chemical industry, coating and printing industry, electronics industry, food and pharmaceutical industry, as well as 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 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.
The growing consumption of alcoholic beverages is expected to drive the expansion of the ethyl alcohol and other basic organic chemicals market in the coming years. Alcoholic beverages, defined as those with a minimum alcohol content of 1%, primarily contain ethyl alcohol (ethanol), the main psychoactive component. Additionally, other basic organic chemicals such as flavor compounds and sugars play a key role in enhancing the taste, aroma, and complexity of these beverages, contributing to a richer sensory experience. For example, data released by Kirin Holdings Co. Ltd. in December 2023 revealed that global beer consumption in 2022 increased by approximately 5.4 million kiloliters, equivalent to around 8.5 billion bottles (633 ml each), compared to the previous year. This rise in alcoholic beverage consumption is expected to further fuel the demand for ethyl alcohol and other basic organic chemicals.
The ethyl alcohol and other basic organic chemicals market is anticipated to experience growth driven by the increasing demand for ethanol as a fuel component. Ethanol, derived from renewable plant materials, is used in gasoline to reduce emissions and enhance octane ratings, making it an eco-friendly and sustainable fuel option. When ethanol (ethyl alcohol) is blended with gasoline, it not only contributes to improved fuel efficiency but also helps in reducing emissions. For example, data from the Foreign Agricultural Service in August 2023 indicates that Canada witnessed a 20 percent year-over-year increase in fuel ethanol consumption, with biodiesel production reaching 416 million liters in 2022, up from the previous year's 405 million liters. Consequently, the rising demand for ethanol as a fuel component is a significant driver of the ethyl alcohol and other basic organic chemicals market's growth.
There is a global forecast of rising interest rates in the majority of both developing and developed economies during the forecast period. This is expected to impose limitations on new investments within the market. Many countries worldwide are increasing their interest rates as a measure to control inflation and restrict the outflow of capital from the country. This, in turn, is likely to have adverse effects on new investments related to expansion and research and development of new products. As an example, interest rates in the United States are projected to increase by as much as 3.5% by 2021. These factors are anticipated to exert a negative influence on the market due to the increased cost of borrowing money, subsequently impacting market growth.
Chemical companies are progressively adopting automation and instrumentation solutions to enhance the control of their production processes. These automation instruments encompass control valves, temperature transmitters, level transmitters, flow transmitters, and pressure transmitters, which play a pivotal role in optimizing operational efficiency within manufacturing facilities. As an illustration, Siemens offers process instrumentation and gas analytics solutions that effectively boost productivity and efficiency throughout plant operations.
Key players in the ethyl alcohol and other basic organic chemicals market are increasingly focusing on strategic partnerships to gain a competitive advantage. These partnerships involve collaborative efforts between two or more organizations to achieve shared objectives by combining resources, expertise, and capabilities, while retaining their independence. A notable example is the March 2022 partnership between Twelve Benefit Corporation, a US-based carbon transformation company, and LanzaTech, a US-based carbon recycling technology company. Together, they embarked on a research and development initiative to convert CO2 emissions into ethanol. This collaboration leveraged their technological strengths to produce ethanol, a widely used alcohol in fuel, hand sanitizers, personal care products, and household cleaning products. Such strategic partnerships are becoming a key approach to enhancing capabilities and driving innovation in the 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.
Asia-Pacific was the largest region in the ethyl alcohol and other basic organic chemical market in 2024. 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 report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
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.
Ethyl Alcohol And Other Basic Organic Chemical Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on ethyl alcohol and other basic organic chemical market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for ethyl alcohol and other basic organic chemical ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The ethyl alcohol and other basic organic chemical market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.