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Industrial organic chemicals are a broad category of chemicals derived from petroleum and natural gas. They are used in a variety of industries, including pharmaceuticals, plastics, paints, and coatings. These chemicals are used to create a wide range of products, from medical devices to consumer goods. They are also used as raw materials in the production of other chemicals.
Organic chemicals are produced through a variety of processes, including distillation, fractional distillation, and catalytic cracking. The production of these chemicals is highly regulated, and companies must adhere to strict safety and environmental standards.
The industrial organic chemicals market is highly competitive, with a number of large multinational companies operating in the space. Some of the major players in the market include BASF, Dow Chemical, ExxonMobil, and Shell. Show Less Read more