Global Organic Chemicals Market to reach USD 10.19 billion by 2027.Global Organic Chemicals Market is valued approximately USD 7.52 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.43 % over the forecast period 2021-2027. Organic chemicals are any chemical substances that are created by laboratory or industrial chemical procedures. They might be either pure or mixed compounds. Organic chemicals encompass nearly all carbon-containing substances. Over the projected period, the global organic chemicals market is likely to be driven by increasing industrialization and rapid urbanization. In addition to that, increasing use of organic chemicals in food & beverages, cosmetics and pharmaceuticals industry has majorly driven the market for organic chemicals. According to Cefic Facts & Figures 2020, worldwide chemicals turnover was ???3,347 billion in 2018, with sales increasing by 2.5 percent from ???3,266 billion in 2017 to ???3,347 billion in 2018. According to the CBI, Ministry of Foreign Affair Europe, the European natural cosmetics market was valued at ???3.6 billion in 2018 However, growing concern about the negative health and environmental consequences of the production and usage of organic compounds and government-imposed stringent regulations on the manufacture, usage, import, and export of numerous hazardous chemicals hamper the growth of the market over the forecast period of 2021-2027. Also, technological advancement and increasing government and non-governmental organizations investment on drug development is likely to increase the market growth during the forecast period.

The global organic chemicals market is segmented into main regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share because of widespread usage among end-use sectors and growing use of organic chemicals as raw materials in the production of downstream products. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as developing economies, strong manufacturing base and rapid industrialization in the region would create lucrative growth prospects for the Organic Chemicals market across Asia-Pacific region.

Major market player included in this report are:
Reliance Industries
PPG Industries
Osaka Organic Chemical
DowDuPont
BASF SE
Royal Dutch Shell
AkzoNobel
Daicel
Mangalore Petrochemicals
Frp Services and Company

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Acetic acid
Ethyl alcohol
Methanol
Formaldehyde
Aldehydes
Citric acid
Ketones
Aliphatic
Polymers
Amides
Others
By End User:
Pharmaceuticals
Pesticides
Agrochemicals
Plastics and polymers
Cosmetics
Food & Beverages
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Organic Chemicals Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors