UK markets open in 7 hours 6 minutes
  • NIKKEI 225

    28,608.59
    -909.71 (-3.08%)
     
  • HANG SENG

    28,013.81
    -581.89 (-2.03%)
     
  • CRUDE OIL

    65.49
    +0.21 (+0.32%)
     
  • GOLD FUTURES

    1,837.00
    +0.90 (+0.05%)
     
  • DOW

    34,269.16
    -473.66 (-1.36%)
     
  • BTC-GBP

    40,134.82
    +425.48 (+1.07%)
     
  • CMC Crypto 200

    1,513.93
    +1,271.26 (+523.84%)
     
  • ^IXIC

    13,389.43
    -12.43 (-0.09%)
     
  • ^FTAS

    3,962.98
    -97.82 (-2.41%)
     

Global $1096.2 Billion Ethyl Alcohol and Other Basic Organic Chemical Markets, 2015-2020, 2020-2025F, 2030F

Research and Markets
·5-min read

Dublin, April 28, 2021 (GLOBE NEWSWIRE) -- The "Ethyl Alcohol and Other Basic Organic Chemical Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

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%.

Major companies in the ethyl alcohol and other basic organic chemicals market include ADM Company; DowDuPont Inc; Celanese Corporation and Raizen.

The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1096.2 billion in 2025 at a CAGR of 4%.

Asia Pacific was the largest region in the global ethyl alcohol and other basic organic chemical market, accounting for 57% of the market in 2020. Western Europe was the second largest region accounting for 16% of the global ethyl alcohol and other basic organic chemical market. Africa was the smallest region 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. For example, Siemens process instrumentation and gas analytics solutions increases productivity and efficiency during plant operations.

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, the US interest rates are expected to rise up to 3.5% by 2021 . These factors are expected to have a negative impact on the market as borrowing money will become expensive, thereby affecting the market growth.

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 is 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 mandatory blending of ethanol in gasoline and diesel to reduce carbon emissions. For instance, in 2017, China announced a nationwide ethanol mandate (NEA 2017), 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.

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Ethyl Alcohol And Other Basic Organic Chemical Market Characteristics
3.1. Market Definition
3.2. Key Segmentations

4. Ethyl Alcohol And Other Basic Organic Chemical Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products

5. Ethyl Alcohol And Other Basic Organic Chemical Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers

6. Ethyl Alcohol And Other Basic Organic Chemical Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth

7. Ethyl Alcohol And Other Basic Organic Chemical Market Trends And Strategies

8. Impact Of COVID-19 On Ethyl Alcohol And Other Basic Organic Chemical

9. Ethyl Alcohol And Other Basic Organic Chemical Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market

10. Ethyl Alcohol And Other Basic Organic Chemical Market Regional Analysis
10.1. Global Ethyl Alcohol And Other Basic Organic Chemical Market, 2020, By Region, Value ($ Billion)
10.2. Global Ethyl Alcohol And Other Basic Organic Chemical Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
10.3. Global Ethyl Alcohol And Other Basic Organic Chemical Market, Growth And Market Share Comparison, By Region

11. Ethyl Alcohol And Other Basic Organic Chemical Market Segmentation
11.1. Global Ethyl Alcohol And Other Basic Organic Chemical Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

  • Synthetic Sweeteners

  • Plasticizers

  • Ethyl Alcohol

  • Silicone (except Resins)

  • Fatty Acids

  • Gum And Wood Chemicals

11.2. Global Ethyl Alcohol And Other Basic Organic Chemical Market, Segmentation By End-User Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

  • Chemical Industry

  • Coating & Printing Industry

  • Electronics Industry

  • Food & Pharmaceutical Industry

  • Others

11.3. Global Ethyl Alcohol And Other Basic Organic Chemical Market, Segmentation By Grade, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

  • Food Grade

  • Industrial Grade

  • Cosmetics Grade

12. Ethyl Alcohol And Other Basic Organic Chemical Market Metrics
12.1. Ethyl Alcohol And Other Basic Organic Chemical Market Size, Percentage Of GDP, 2015-2025, Global
12.2. Per Capita Average Ethyl Alcohol And Other Basic Organic Chemical Market Expenditure, 2015-2025, Global

Companies Mentioned

  • ADM Company

  • DowDuPont Inc

  • Celanese Corporation

  • Raizen

For more information about this report visit https://www.researchandmarkets.com/r/q46zzl

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900