Industrial Alcohol Market - Global Industrial Alcohol Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - (By Type Coverage, By Source Coverage, By Geographic Coverage and By Company)

Industrial Alcohol Market - Global Industrial Alcohol Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - (By Type Coverage, By Source Coverage, By Geographic Coverage and By Company)


The global industrial alcohol market is set to experience substantial expansion, with a projected valuation of US$282.5 billion by 2030, up from approximately US$158.6 billion in 2022. Fairfield's comprehensive analysis anticipates a robust Compound Annual Growth Rate (CAGR) of 8.6% between 2023 and 2030, fueled by several key trends and growth determinants.

Trend Insights Driving Market Growth

Industrial Alcohol: The Backbone of Essential Industries

1. Healthcare Sector Surge: Industrial alcohols, particularly ethanol, play a pivotal role in pharmaceuticals, sanitizers, and disinfectants, driving heightened demand in the healthcare sector, especially during pandemics.

2. Automotive and Chemical Sectors: Utilization of industrial alcohols for various purposes, including fuel additives and solvents, is propelling growth in automotive and chemical industries.

3. Cosmetics and Personal Care: Ethyl alcohol's prominence in cosmetics and personal care items is witnessing a surge due to consumer preferences for alcohol-based products.

Market Dynamics and Growth Determinants

Biofuels, Pharma, and F&B Industries to Drive Expansion

1. Expanding Biofuels Market: The rising demand for biofuels, particularly ethanol, as a cleaner alternative to traditional fuels, is a significant growth driver for the industrial alcohol market.

2. Healthcare Demand Surge: With a heightened focus on healthcare hygiene, industrial alcohol remains indispensable in pharmaceuticals and healthcare sectors, especially amid global health crises.

3. F&B Industry Innovation: Industrial alcohol finds diverse applications in the food and beverage industry, driving market growth through product innovation and increasing demand for processed foods and beverages.

Challenges and Opportunities

Navigating Supply Chain Disruptions and Regulatory Compliance

1. Supply Chain Challenges: Disruptions in transportation, raw material shortages, and workforce issues pose challenges to maintaining a consistent supply of industrial alcohol.

2. Regulatory Compliance Hurdles: Stringent regulations governing production, distribution, and use of industrial alcohol require significant investments in quality control, posing challenges for manufacturers.

Regional Insights

Asia Pacific and North America Lead Market Expansion

1. Asia Pacific Dominance: With a revenue share of approximately 45%, Asia Pacific leads the global industrial alcohol market, driven by robust industrialization and rapid economic growth in key economies like China and India.

2. North America's Growth Trajectory: North America anticipates a substantial sales increase, fueled by demand from pharmaceutical, healthcare, automotive, and personal care industries.

Leaders in the Global Industrial Alcohol Space

Fairfield's Competitive Landscape Analysis Identifies Key Players

1. Archer Daniels Midland

2. Cargill

3. DuPont

4. INEOS

5. LyondellBasell

6. Mitsubishi Chemical

7. Sasol

8. Sinopec

9. Taiyo Chemical

10. TotalEnergies

11. Unilever

12. Vinnolit

13. Yara International

14. BASF

15. Dow

Global Industrial Alcohol Market is Segmented as Below:

By Type:
• Ethyl Alcohol
• Methyl Alcohol
• Isopropyl Alcohol
• Isobutyl Alcohol
• Others

By Source:
• Sugarcane & Bagasse
• Corn
• Grains
• Molasses
• Fuels

By Geographic Coverage:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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1. Executive Summary
1.1. Global Industrial Alcohol Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value/Volume, 2022
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Global Industrial Alcohol Market Outlook, 2018 - 2030
3.1. Global Industrial Alcohol Market Outlook, by Type,Value (US$ Bn), 2018 - 2030
3.1.1. Key Highlights
3.1.1.1. Ethyl Alcohol
3.1.1.2. Methyl Alcohol
3.1.1.3. Isopropyl Alcohol
3.1.1.4. Isobutyl Alcohol
3.1.1.5. Others
3.2. Global Industrial Alcohol Market Outlook, by Source, Value (US$ Bn), 2018 - 2030
3.2.1. Key Highlights
3.2.1.1. Sugarcane & Bagasse
3.2.1.2. Corn
3.2.1.3. Grains
3.2.1.4. Molasses
3.2.1.5. Fuels
3.3. Global Industrial Alcohol Market Outlook, by Region, Value (US$ Bn), 2018 - 2030
3.3.1. Key Highlights
3.3.1.1. North America
3.3.1.2. Europe
3.3.1.3. Asia Pacific
3.3.1.4. Latin America
3.3.1.5. Middle East & Africa
4. North America Industrial Alcohol Market Outlook, 2018 - 2030
4.1. North America Industrial Alcohol Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
4.1.1. Key Highlights
4.1.1.1. Ethyl Alcohol
4.1.1.2. Methyl Alcohol
4.1.1.3. Isopropyl Alcohol
4.1.1.4. Isobutyl Alcohol
4.1.1.5. Others
4.2. North America Industrial Alcohol Market Outlook, by Source, Value (US$ Bn), 2018 - 2030
4.2.1. Key Highlights
4.2.1.1. Sugarcane & Bagasse
4.2.1.2. Corn
4.2.1.3. Grains
4.2.1.4. Molasses
4.2.1.5. Fuels
4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America Industrial Alcohol Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
4.3.1. Key Highlights
4.3.1.1. U.S. Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
4.3.1.2. U.S. Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
4.3.1.3. Canada Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
4.3.1.4. Canada Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
4.3.2. BPS Analysis/Market Attractiveness Analysis
5. Europe Industrial Alcohol Market Outlook, 2018 - 2030
5.1. Europe Industrial Alcohol Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
5.1.1. Key Highlights
5.1.1.1. Ethyl Alcohol
5.1.1.2. Methyl Alcohol
5.1.1.3. Isopropyl Alcohol
5.1.1.4. Isobutyl Alcohol
5.1.1.5. Others
5.2. Europe Industrial Alcohol Market Outlook, by Source, Value (US$ Bn), 2018 - 2030
5.2.1. Key Highlights
5.2.1.1. Sugarcane & Bagasse
5.2.1.2. Corn
5.2.1.3. Grains
5.2.1.4. Molasses
5.2.1.5. Fuels
5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Industrial Alcohol Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
5.3.1. Key Highlights
5.3.1.1. Germany Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
5.3.1.2. Germany Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
5.3.1.3. U.K. Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
5.3.1.4. U.K. Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
5.3.1.5. France Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
5.3.1.6. France Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
5.3.1.7. Italy Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
5.3.1.8. Italy Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
5.3.1.9. Turkey Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
5.3.1.10. Turkey Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
5.3.1.11. Russia Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
5.3.1.12. Russia Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
5.3.1.13. Rest of Europe Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
5.3.1.14. Rest of Europe Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
5.3.2. BPS Analysis/Market Attractiveness Analysis
6. Asia Pacific Industrial Alcohol Market Outlook, 2018 - 2030
6.1. Asia Pacific Industrial Alcohol Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
6.1.1. Key Highlights
6.1.1.1. Ethyl Alcohol
6.1.1.2. Methyl Alcohol
6.1.1.3. Isopropyl Alcohol
6.1.1.4. Isobutyl Alcohol
6.1.1.5. Others
6.2. Asia Pacific Industrial Alcohol Market Outlook, by Source, Value (US$ Bn), 2018 - 2030
6.2.1. Key Highlights
6.2.1.1. Sugarcane & Bagasse
6.2.1.2. Corn
6.2.1.3. Grains
6.2.1.4. Molasses
6.2.1.5. Fuels
6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Industrial Alcohol Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
6.3.1. Key Highlights
6.3.1.1. China Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
6.3.1.2. China Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
6.3.1.3. Japan Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
6.3.1.4. Japan Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
6.3.1.5. South Korea Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
6.3.1.6. South Korea Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
6.3.1.7. India Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
6.3.1.8. India Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
6.3.1.9. Southeast Asia Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
6.3.1.10. Southeast Asia Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
6.3.1.11. Rest of Asia Pacific Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
6.3.1.12. Rest of Asia Pacific Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
6.3.2. BPS Analysis/Market Attractiveness Analysis
7. Latin America Industrial Alcohol Market Outlook, 2018 - 2030
7.1. Latin America Industrial Alcohol Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
7.1.1. Key Highlights
7.1.1.1. Ethyl Alcohol
7.1.1.2. Methyl Alcohol
7.1.1.3. Isopropyl Alcohol
7.1.1.4. Isobutyl Alcohol
7.1.1.5. Others
7.2. Latin America Industrial Alcohol Market Outlook, by Source, Value (US$ Bn), 2018 - 2030
7.2.1. Key Highlights
7.2.1.1. Sugarcane & Bagasse
7.2.1.2. Corn
7.2.1.3. Grains
7.2.1.4. Molasses
7.2.1.5. Fuels
7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Industrial Alcohol Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
7.3.1. Key Highlights
7.3.1.1. Brazil Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
7.3.1.2. Brazil Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
7.3.1.3. Mexico Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
7.3.1.4. Mexico Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
7.3.1.5. Argentina Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
7.3.1.6. Argentina Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
7.3.1.7. Rest of Latin America Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
7.3.1.8. Rest of Latin America Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
7.3.2. BPS Analysis/Market Attractiveness Analysis
8. Middle East & Africa Industrial Alcohol Market Outlook, 2018 - 2030
8.1. Middle East & Africa Industrial Alcohol Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
8.1.1. Key Highlights
8.1.1.1. Ethyl Alcohol
8.1.1.2. Methyl Alcohol
8.1.1.3. Isopropyl Alcohol
8.1.1.4. Isobutyl Alcohol
8.1.1.5. Others
8.2. Middle East & Africa Industrial Alcohol Market Outlook, by Source, Value (US$ Bn), 2018 - 2030
8.2.1. Key Highlights
8.2.1.1. Sugarcane & Bagasse
8.2.1.2. Corn
8.2.1.3. Grains
8.2.1.4. Molasses
8.2.1.5. Fuels
8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Industrial Alcohol Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
8.3.1. Key Highlights
8.3.1.1. GCC Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
8.3.1.2. GCC Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
8.3.1.3. South Africa Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
8.3.1.4. South Africa Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
8.3.1.5. Egypt Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
8.3.1.6. Egypt Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
8.3.1.7. Nigeria Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
8.3.1.8. Nigeria Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
8.3.1.9. Rest of Middle East & Africa Industrial Alcohol Market by Type, Value (US$ Bn), 2018 - 2030
8.3.1.10. Rest of Middle East & Africa Industrial Alcohol Market Source, Value (US$ Bn), 2018 - 2030
8.3.2. BPS Analysis/Market Attractiveness Analysis
9. Competitive Landscape
9.1. Manufacturer vs Source Heatmap
9.2. Company Market Share Analysis, 2022
9.3. Competitive Dashboard
9.4. Company Profiles
9.4.1. Archer Daniels Midland
9.4.1.1. Company Overview
9.4.1.2. Product Portfolio
9.4.1.3. Financial Overview
9.4.1.4. Business Strategies and Development
9.4.2. Cargill
9.4.2.1. Company Overview
9.4.2.2. Product Portfolio
9.4.2.3. Financial Overview
9.4.2.4. Business Strategies and Development
9.4.3. DuPont
9.4.3.1. Company Overview
9.4.3.2. Product Portfolio
9.4.3.3. Financial Overview
9.4.3.4. Business Strategies and Development
9.4.4. INEOS
9.4.4.1. Company Overview
9.4.4.2. Product Portfolio
9.4.4.3. Financial Overview
9.4.4.4. Business Strategies and Development
9.4.5. LyondellBasell
9.4.5.1. Company Overview
9.4.5.2. Product Portfolio
9.4.5.3. Financial Overview
9.4.5.4. Business Strategies and Development
9.4.6. Mitsubishi Chemical
9.4.6.1. Company Overview
9.4.6.2. Product Portfolio
9.4.6.3. Financial Overview
9.4.6.4. Business Strategies and Development
9.4.7. Sasol
9.4.7.1. Company Overview
9.4.7.2. Product Portfolio
9.4.7.3. Financial Overview
9.4.7.4. Business Strategies and Development
9.4.8. Sinopec
9.4.8.1. Company Overview
9.4.8.2. Product Portfolio
9.4.8.3. Business Strategies and Development
9.4.9. Taiyo Chemical
9.4.9.1. Company Overview
9.4.9.2. Product Portfolio
9.4.9.3. Financial Overview
9.4.9.4. Business Strategies and Development
9.4.10. Dow
9.4.10.1. Company Overview
9.4.10.2. Product Portfolio
9.4.10.3. Financial Overview
9.4.10.4. Business Strategies and Development
9.4.11. TotalEnergies
9.4.11.1. Company Overview
9.4.11.2. Product Portfolio
9.4.11.3. Financial Overview
9.4.11.4. Business Strategies and Development
9.4.12. Unilever
9.4.12.1. Company Overview
9.4.12.2. Product Portfolio
9.4.12.3. Financial Overview
9.4.12.4. Business Strategies and Development
9.4.13. Vinnolit
9.4.13.1. Company Overview
9.4.13.2. Product Portfolio
9.4.13.3. Financial Overview
9.4.13.4. Business Strategies and Development
9.4.14. Yara International
9.4.14.1. Company Overview
9.4.14.2. Product Portfolio
9.4.14.3. Financial Overview
9.4.14.4. Business Strategies and Development
9.4.15. BASF
9.4.15.1. Company Overview
9.4.15.2. Product Portfolio
9.4.15.3. Financial Overview
9.4.15.4. Business Strategies and Development
10. Appendix
10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations

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