Report cover image

Industrial Alcohol Market: Current Analysis and Forecast (2022-2028)

Publisher UnivDatos Market Insights
Published Jan 09, 2023
Length 161 Pages
SKU # Univ17768256

Description

Industrial Alcohol Market: Current Analysis and Forecast (2022-2028)

Industrial alcohol is distilled ethyl alcohol, normally of high proof, produced and sold for other than beverage purposes. It is usually distributed in the form of pure ethyl alcohol, completely denatured alcohol, specially denatured alcohol, and proprietary solvent blends. The market for industrial alcohol has expanded as a result of rising alcohol consumption as a beverage and its use in a variety of foods, including cakes and other desserts. Industrial alcohol is used to process vaccines, compound tonics, syrups, tinctures, liniments, and antiseptics as well as being vital in the manufacture of pharmaceuticals such as chloroform, atabrine, and barbiturates.

The Industrial Alcohol Market is expected to grow at a steady rate of around 9.6% owing to the growing adoption of ethanol as a fuel in transportation applications. The automobile industry's expanded use of ethanol as motor fuel and decreased reliance on greenhouse gas emissions from vehicles. As a result, blended ethanol is increasingly in demand as a transportation fuel in developing nations like China, Thailand, and India, which in turn drives market expansion.
  • Based on type, the market is segmented into ethyl alcohol, methyl alcohol, isopropyl, isobutyl alcohol, and others. Ethyl alcohol held a significant share of the market in 2020. Ethyl alcohol is used in the manufacture of alcoholic beverages that drive this segment. Ethanol is used as a solvent in paints, varnishes, gums, resins, etc.
  • On the basis of sources, the market is categorized into grains, sugar & molasses, corn, fossil fuels, and others. Among these, corn held a significant share of the market in 2020. Corn is a major provider of ethanol. This is attributed to the product's high demand as a renewable source for energy production. Globally, the ethanol industry's expansion has caused a boom in corn distiller oil, which is utilized as a fuel for biodiesel or as animal feed.
  • Based on application, the industrial alcohol market has been classified into personal care, chemical intermediates, food industry, pharmaceutical, fuels, and others. The fuels held a significant market share in 2020. This is mainly due to the rapid use of fossil fuels in the growing automotive sector driving the segment. As per the U.S. Department of Energy 2022, Ethanol is a renewable fuel made from various plant materials collectively known as biomass. More than 98% of U.S. gasoline contains ethanol, typically E10 (10% ethanol, 90% gasoline), to oxygenate the fuel, which reduces air pollution.
  • For a better understanding of the market adoption of the Industrial alcohol industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is anticipated to grow at a substantial CAGR during the forecast period. The demand for gasoline-powered automobiles has dramatically expanded in APAC regions. As compared to other fossil fuels such as diesel and gasoline made from fossil fuels. In addition, the use of bioethanol in existing gasoline cars has benefits for the environment. Additionally, bioethanol lengthens the life of the engines. Due to the rising sales of flexible fuel cars, bioethanol manufacturers have a chance to break into the regional product market.
  • Some of the major players operating in the market include Cargill Incorporated; MGP Ingredients, Inc., Green Plains Inc, Cristalco, GREENFIELD GLOBAL INC., Flint Hills Resources, Merck KGaA, The Andersons Inc, BASF SE, Raízen.

Table of Contents

161 Pages
1 MARKET INTRODUCTION
1.1. Market Definitions
1.2. Main Objective
1.3. Stakeholders
1.4. Limitation
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1. Research Process of the Industrial Alcohol Market
2.2. Research Methodology of the Industrial Alcohol Market
2.3. Respondent Profile
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 IMPACT OF COVID-19 ON THE INDUSTRIAL ALCOHOL MARKET
6 INDUSTRIAL ALCOHOL MARKET REVENUE (USD BN), 2020-2028F
7 MARKET INSIGHTS BY TYPE
7.1. Ethyl Alcohol
7.2. Methyl Alcohol
7.3. Isopropyl Alcohol
7.4. Isobutyl Alcohol
7.5. Others
8 MARKET INSIGHTS BY SOURCE
8.1. Grains
8.2. Sugar & Molasses
8.3. Corn
8.4. Fossil Fuels
8.5. Others
9 MARKET INSIGHTS BY APPLICATION
9.1. Personal Care
9.2. Chemical Intermediates
9.3. Food Industry
9.4. Pharmaceutical
9.5. Fuels
9.6. Others
10 MARKET INSIGHTS BY REGION
10.1. North America
10.1.1. The U.S.
10.1.2. Canada
10.1.3. Rest of North America
10.2. Europe
10.2.1. Germany
10.2.2. The U.K.
10.2.3. France
10.2.4. Italy
10.2.5. Spain
10.2.6. Rest of Europe
10.3. Asia-Pacific
10.3.1. China
10.3.2. Japan
10.3.3. India
10.3.4. Rest of Asia-Pacific
10.4. Rest of World
11 INDUSTRIAL ALCOHOL MARKET DYNAMICS
11.1. Market Drivers
11.2. Market Challenges
11.3. Impact Analysis
12 INDUSTRIAL ALCOHOL MARKET OPPORTUNITIES
13 INDUSTRIAL ALCOHOL MARKET TRENDS
14 DEMAND AND SUPPLY-SIDE ANALYSIS
14.1. Demand Side Analysis
14.2. Supply Side Analysis
15 VALUE CHAIN ANALYSIS
16 PRICING ANALYSIS
17 STRATEGIC INSIGHTS
18 COMPETITIVE SCENARIO
18.1. Competitive Landscape
18.1.1. Porters Fiver Forces Analysis
19 COMPANY PROFILED
19.1. Cargill, Incorporated
19.2. MGP Ingredients, Inc.
19.3. Green Plains Inc
19.4. Cristalco
19.5. GREENFIELD GLOBAL INC.
19.6. Flint Hills Resources
19.7. Merck KGaA
19.8. The Andersons Inc
19.9. BASF SE
19.10. Raízen
20 DISCLAIMER

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us