Organic Chemicals Market
Global Organic Chemicals Market - Industry Trends, Outlook, Regulatory Bodies &
Regulations and Key Market Players
Carbon and its various derivatives combine with elements such as hydrogen, oxygen, nitrogen, and
sulfur, to form organic chemicals. The derivatives exist either in carbon chain or carbon ring.
Increasing global population and surging urbanization are expected to fuel growth of end-use
industries such as agrochemicals, pharmaceuticals, food & beverages, and cosmetics in turn fueling
growth of the organic chemicals market. Asia Pacific is growth engine of this market, mainly
attributed to the strong economic growth in India and China. Ethyl alcohols, synthetic organic
alcohols, synthetic flavors, and pesticides are among the most widely used organic compound used
in various end-use industries such as pharmaceuticals, food & beverages, and fertilizers.
Organic Chemicals Market Taxonomy
On the basis of product type, the global market is classified into:
•Ethyl alcohol
•Methanol
•Formaldehyde
•Aldehydes
•Citric acid
•Ketones
•Aliphatic
•Polymers
On the basis of end user, the global market is classified into:
•Pharmaceuticals
•Pesticides
•Agrochemicals
•Plastics and polymers
•Cosmetics
•Food & Beverages
•Others
Organic Chemicals Market Outlook – Surge in Pharmaceuticals Industries Augmenting
Market Growth
The last decade has witnessed a spike in incidence rate of various diseases. This in turn has led to
increasing spending by various government and non-governmental organizations on developing
effective drugs to combat such diseases, subsequently propelling growth of the pharmaceuticals
industry. This trend is expected to prevail over the forecast period, consequently fueling growth of
the organic chemicals market.
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Major Keyplayers: TCI America, BASF SE, PPG Industries, The Dow Chemicals Company,
AkzoNobel, Royal Dutch Shell, Sinopec, ExxonMobil, Formosa Plastics, LyondellBasell Industries,
DuPont, Ineos, Huntsman and Reliance Industries
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