The organic chemicals sector is one of the most rapidly expanding segments of the overall chemical industry and provides raw material to multiple end-use industries such as electronics, agriculture, automotive, fast-moving consumer goods (FMCG), and food processing.
A surge in exports, combined with higher consumption, growing demand from key buying industries, and stringent environmental laws in place have greatly boosted the organic chemicals industry. The capital-intensive nature of this market owing to the high level of technology used and automation of a number of processes had earlier limited several recession-hit market players. However, this has changed given the predominant role technology plays in the organic chemicals industry.
Countries such as Germany, Japan, India, the U.S., the U.K., and China are the largest contributors to the organic chemicals industry, with manufacturers now increasingly turning the spotlight on Chile, Brazil, and several other Latin American nations.
Identifying and interpreting upstream and downstream trends is one of Persistence Market Research's fortes. Clients are provided with a detailed assessment of the performance of the organic chemicals market, its contribution toward the overall chemical industry, and its future in the coming years.