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.
For example, IHS Chemical expects global phthalate demand to grow by about 2%
per year, whereas non phthalate plasticizers will post 7% growth.
THE BUSINESS RESEARCH COMPANY EXPECTS THE GLOBAL ETHYL ALCOHOL AND OTHER BASIC ORGANIC CHEMICAL MARKET TO GROW TO NEARLY $743 BIILLION BY 2021
Western
Europe was the largest region in the ethyl alcohol and other basic organic chemical market in 2017, accounting for almost two-fifth of the global market share.
According to The Business Research Company’s
Consultant, Nitin Gianchandani, demand for pine-derived chemicals is growing rapidly in most
countries. Tall oil fatty acid (TOFA), tall oil rosin (TOR), gum rosin,
sterols, and pitch are the various pine derived chemicals. Pine-derived
chemicals help companies to reduce carbon and avoid use of fossil fuels. They
are used in printing inks, Ethyl Alcohol and Other Basic Organic Chemicals,
paints, coatings, paper making additives, chewing gum, and food additive to
reduce cholesterol. The pine-derived chemicals market is projected to reach
$4.8 billion by 2020, at a CAGR of around 4.7 % from 2015 to 2020Since silicone
has a wide application range, companies should explore opportunities to offer
silicone products to various industries such the electrical, electronics,
construction, machine manufacturing and automotive industries.
Archer Daniels
Midland Company was the largest player in global
ethyl alcohol and other basic organic chemical market
with revenues of $9.5 billion in 2016. Archer Daniels Midland Co.’s growth
strategy is to sell its ethanol assets to buy a corn wet mill in morocco from
Tate & Lyle in the latest effort to boost its footprint in the sweetener
and starch market after expanding in Eastern Europe. Archer Daniels Midland Co
is investing for substantial improvements and expansions to its port facilities
in Puerto San Martin in the Argentine state of Santa Fe, enhancing the
company’s capability to export grain and other agricultural products from the
region.
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, sulphur, phosphorus, and other elements. They exist
in either carbon chain or a carbon ring form. The ethyl alcohol and other basic
organic chemicals industry comprises establishments primarily engaged in
manufacturing basic organic chemicals except petrochemicals, industrial gases
and synthetic dyes and pigments.
Ethyl
Alcohol And Other Basic Organic Chemical Global Market
Report 2018 is a detailed report giving a unique insight into this
market. The report is priced at $4000 for an individual user. To use across
your office, the price is $6000 and $8000 if you wish to use across a
multinational company.
About The Business Research Company
Visit
TheBusinessResearchCompany.com, mail info@tbrc.info or
call +447443439350 or +918897263534 or +919160996838 for more information on this
and many other titles.
The
Business Research Company is a market research and intelligence company, which
excels in company, market and consumer research.
It has
research professionals at its offices in the UK, India and the US as well a
network of trained researchers globally. It has specialist consultants in a
wide range of industries including manufacturing, healthcare, chemicals and
technology.
The
Business Research Company's management has more than 20 years of varied
business research experience. They have delivered hundreds of research projects
to the senior management of some of the world's largest organizations.
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