Ethyl Alcohol And Other Basic Organic Chemical Market Research Report 2022 Growth, Recent Trends And Forecast To 2031 - Archer-Daniels-Midland Company (ADM), Wacker Chemie AG, Celanese, Valero Energy Corp, Lanxess AG

The global ethyl alcohol and other basic organic chemical market report by the business research company Ethyl alcohol or ethanol is being used as a combination with motor fuel in some countries to be a major growth driver for the ethyl alcohol and other basic organic chemical market. 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 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.

The global ethyl alcohol and other basic organic chemical market size is expected to grow from $1,087.27 billion in 2021 to $1,176.33 billion in 2022 at a compound annual growth rate (CAGR) of 8.2%. The global ethyl alcohol and other basic organic chemical market size is expected to grow to $1,556.98 billion in 2026 at a CAGR of 7.3%.

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Asia Pacific was the largest region in the ethyl alcohol and other basic organic chemical market in 2021. North America was the second-largest region in the global ethyl alcohol and other basic organic chemical market. The regions covered in the global ethyl alcohol and other basic organic chemical market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the organic food market are 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.

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

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The Ethyl Alcohol And Other Basic Organic Chemical Market Report Contents Include
1. Executive Summary
2. Report Structure
3. Ethyl Alcohol And Other Basic Organic Chemical Market Characteristics
4. Ethyl Alcohol And Other Basic Organic Chemical Market Product Analysis
5. Ethyl Alcohol And Other Basic Organic Chemical Market Supply Chain
....
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

This report covers the trends and market dynamics of the ethyl alcohol and other basic organic chemical market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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