Global Pharmaceutical Ethanol Market Growth 2023-2029
Ethanol (also called ethyl alcohol, grain alcohol, drinking alcohol, spirits, or simply alcohol) is an organic chemical compound.
Industrial Ethanol is a type of ethanol used in industrial applications, and also implies ethanol produced for purposes other than consumption in beverage form.
Industrial ethanol has a wide variety of uses, including as an ingredient in food preservatives, fragrances and cosmetics, as well as in pharmaceutical ethanol when administering shots to patients. Industrial ethanol is also known as one of the ingredients used to make vinegar. Globally, fuel ethanol accounts for 73% of production, with beverage ethanol at 17% and industrial ethanol at 10%.
Industrial ethanol can further be separated into two types-fermented and synthetic. The difference between these two types is found in their manufacturing method and source ingredients. The primary ingredient for fermented ethanol is agricultural crops, such as sugarcane or corn, and alcohol fermentation is carried out courtesy of an organism called yeast, with the ensuing chemical process yielding fermented ethanol. This same naturally occurring yeast is also used when making ethanol for beverage use.
Pharmaceutical ethanol is used in the pharmaceutical industry for manufacturing of products such as anesthetics, antiseptics, drugs, liniments, lotions, and also for cosmetics such as fragrances, deodorants and shampoos.
LPI (LP Information)' newest research report, the “Pharmaceutical Ethanol Industry Forecast” looks at past sales and reviews total world Pharmaceutical Ethanol sales in 2022, providing a comprehensive analysis by region and market sector of projected Pharmaceutical Ethanol sales for 2023 through 2029. With Pharmaceutical Ethanol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pharmaceutical Ethanol industry.
This Insight Report provides a comprehensive analysis of the global Pharmaceutical Ethanol landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pharmaceutical Ethanol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pharmaceutical Ethanol market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pharmaceutical Ethanol and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pharmaceutical Ethanol.
The global Pharmaceutical Ethanol market size is projected to grow from US$ 1197.4 million in 2022 to US$ 1065 million in 2029; it is expected to grow at a CAGR of 1065 from 2023 to 2029.
Global Pharmaceutical Ethanol key players include Cargill, Greenfield, Euro-Alkohol, Cristal Union, CropEnergies, etc. Global top five manufacturers hold a Production Market Share over 30%. China accounts for the most Production Market Share, which have a share over 30%, followed by Europe. In terms of product, Low Purity is the largest segment, with a Production Market Share over 65%. And in terms of application, the largest application is Pharmaceutical and Medical, followed by Personal Care & Cosmetic.
This report presents a comprehensive overview, market shares, and growth opportunities of Pharmaceutical Ethanol market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Low Purity Pharmaceutical Grade Ethanol
High Purity Pharmaceutical Grade Ethanol
Segmentation by application
Pharmaceutical and Medical
Personal Care & Cosmetic
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cargill
Greenfield
Euro-Alkohol
Cristal Union
CropEnergies
Wilmar BioEthanol
Manildra
ALCOGROUP
GPC
Godavari
BruggemannAlcohol Heilbronn
Crated Spirits
Bangkok Alcohol Industrial
Warner Graham
SDIC JILIN
Taicang Xintai Alcohol
Key Questions Addressed in this Report
What is the 10-year outlook for the global Pharmaceutical Ethanol market?
What factors are driving Pharmaceutical Ethanol market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Pharmaceutical Ethanol market opportunities vary by end market size?
How does Pharmaceutical Ethanol break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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