Organic chemical groups contain carbon elements and their derivatives. These derivative come from functional groups. Common functional groups are esters, ethers, aldehydes, alcohols, ketones and carboxylic acids. From a broad perspective, these chemicals can be either aromatic or aliphatic. Organic compounds can be either natural, synthetic or d... Read More
Organic chemical groups contain carbon elements and their derivatives. These derivative come from functional groups. Common functional groups are esters, ethers, aldehydes, alcohols, ketones and carboxylic acids. From a broad perspective, these chemicals can be either aromatic or aliphatic. Organic compounds can be either natural, synthetic or developed through biotechnology.
The organic chemicals market, which otherwise too, has been an established market for a long period now, has experienced a humongous growth over the second half of the previous decade. Its wide list of end-users is inclusive of but not limited to automotive, electronics, fast moving consumer goods, agriculture and food processing. They find a huge application in the production of paints, adhesives, pharmaceuticals, dyestuffs and intermediates, leather chemicals, pesticides and other important products.
The organic chemicals market is a very significant segment of the global chemicals market, both in terms of application as well as revenue. Though there are diverse varieties of chemicals out there but methanol, acetic acid, formaldehyde, pyridines, phenol, alkyl amines, ethyl acetate and acetic anhydride are some of the leading segments of the global organic chemicals market. Organic chemicals are used as final products as well as intermediates in the production of other useful chemicals too.
However, the market is progressing rapidly, but there is room for further development. Especially in developing countries, small scale industries can be consolidated to capture a bigger market or consumer base. This can help them increase their production capacity to a large extent. Also, this will not just increase the overall industrial revenue, but give a competitive edge to these companies globally.
Moreover, the market lacks the ability to reach its full growth due to the fluctuating prices of raw materials. In this regard, some countries also have to import high priced raw materials from others due to the absence of raw materials or their poor quality, rendering them useless for these applications. This reduces their overall profit margin.
Overall, the global organic chemicals market which is an established market, is experiencing a very positive growth and this trend is likely to sustain over the coming years. Mergers, acquisitions and consolidations can greatly help the market expand further by increasing the industrial production capacity especially in developing countries.
Decision Databases make a vigilant research on the reports. The reports and profiles give a detailed outlook of this sub-category. We provide an access to the exclusive collection of companies in this industry. Find the organic industry’s market and industry analysis databases of the leading companies.
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