Ethyl acetate and acetaldehyde are the two main substances that are ethanol derivatives. It is released during the production of synthetic leather and silk, as well as during the making of photographic plates and films. Ethyl acetate serves as a solvent in base coats, nail polish remover, nail polish, nitrocellulose, dry cleaning, stains, lacquers, varnishes, and other materials. In addition to flavouring, ethanol acetate is used to decaffeinate coffee and tea. Insecticides, fragrances, medications, and dyes are all produced using acetaldehyde as an intermediate. With increasing investments in its downstream industries, including cosmetics, paint & coatings, pharmaceuticals, etc., Germany’s use of ethanol derivatives has significant potential of growth in the forthcoming years. Furthermore, owing to its eco-friendly attributes and ideal properties, it is expected to raise its preference significantly over other available alternatives in the forecasted period. The increased demand for ethanol as a renewable fuel and cleaning agent has led to an increase in ethanol production facilities, and ethanol derivatives have become increasingly popular due to their low cost and environmentally favourable nature compared to other petroleum derivatives.
Read the full report here: https://www.chemanalyst.com/industry-report/germany-ethanol-derivatives-market-297
The Ethanol Derivatives market is segregated based on end-use, sales channel, and region. Based on the end-user industry, the Germany Ethanol Derivatives market is segregated into Paints, Coating & Adhesives, Personal Care and Cosmetics, Pharmaceutical, and Others. Although, the Paints, Coating & Adhesive industry is dominating the Ethanol Derivatives market in Europe and accounted for consumption of nearly 61% in 2022. Paints, Coating & Adhesive are expected to remain the major application of Ethanol Derivatives even in the forecasted period.
Based on region, the Germany Ethanol Derivatives market is divided into Southwest, Southeast, Northeast, and Northwest. Among these, Southwest is the leading consumer of Ethanol Derivatives and held a market share of approximately 50% which includes cities like Mannheim, Karlsruhe, Stuttgart, Freiburg, and Heidelberg. Furthermore, Southeast Germany is also a prominent consumer of Ethanol Derivatives.
Request Sample Report: Germany Ethanol Derivatives Market
“Germany Ethanol Derivatives Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, 2015-2030”, Currently, there is only one domestic producer of Ethanol Derivatives in Germany which is CropEnergies AG. Other major players in the Europe Ethanol Derivatives market are Taco Chemical Company, Adokim Chemical Company, Sekab BioFuels and Chemicals AB, and Others.
“Ethanol Derivatives are quite useful and find applications in numerous industries, but mainly Paints, Coating & Adhesives industries are the key consumers. Germany’s steadily rising need for environmentally friendly chemical components to manufacture paints and coatings is anticipated to drive demand for ethanol derivatives there through 2030. Growing usage of Bio-based ethanol with lower carbon emissions is further augmenting the market growth. Furthermore, greater steps by governments across Germany towards decarbonization and is lubricating the Ethanol Derivatives market expansion. “said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
About Us:
ChemAnalyst is a subsidiary of Techsci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.
The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.
ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.
Contact Us:
ChemAnalyst
B-44 Sector-57 Noida,
National Capital Region
Tel: 0120-4523990
Mob: +91-8882805349
Email: sales@chemanalyst.com
Website: https://www.chemanalyst.com/