Organic chemical is a compound containing carbon, oxygen, hydrogen as the main constituents. They are predominantly intermediate products since they are used as raw material inputs by other manufacturing industries in the production of final downstream products. Organic chemicals form one of the largest segments of the overall chemical industry. Acetic acid, methanol, ethyl alcohol, formaldehyde, citric acid, aldehydes, ketones, esters, aliphatic, aromatic, polymers, amides and other basic organic chemicals are part of this segment and they find application in drugs, pesticides, plastics, cosmetics, agrochemiclas etc. The market is mainly technology driven and as a result, R&D forms a significant part of the manufacturer’s cost. The market is fragmented and the players focus on particular product segments that are primarily characterized by capital intensive, high volume, low margin products.
The past year experienced sluggish demand growth due to global recession-like atmosphere especially in the western world. The Asian region commanded a considerable share of the market growth; primary countries among the region were Japan, China and India.
The reports included under this segment have exhaustively analyzed both the natural organic chemicals and synthetic organic chemicals (industrial, agricultural); presented a complete picture of the industrial dynamics taking place in the U.S. market, the biggest consumer and producer and analyzed the importance of the emerging BRIC nations in the playing field.
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Organic chemical is a compound containing carbon, oxygen, hydrogen as the main constituents. They are predominantly intermediate products since they are used as raw material inputs by other manufacturing industries in the production of final downstre
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