The Size of the Europe Industrial Alcohol Market is valued at USD 25.32 billion in 2019 and projected to grow at a CAGR of 10.2%, to reach USD 41.15 billion by 2024 during the forecast period 2019-2024.
Industrial alcohol is a distilled form of ethyl alcohol that is produced and sold for varied beverage purposes. Industrial alcohol is usually distributed in the form of pure ethyl alcohol. Pure ethyl alcohol is used in the chemical laboratories or industries for the purpose of sanitizing, cleaning and other solvent usage. Moreover, this type of ethyl alcohol is also used in medicines, as food ingredient, flavoring and other cosmetic products. In medical sector, industrial alcohol is used in the process of manufacturing vaccines, syrups and antiseptics.
Ethyl alcohol, popularly termed Ethanol is volatile, flammable and colorless liquid and is the most widely used biofuel . The production of industrial alcohol is through fermentation and distillation process that requires a certain temperature of heat as energy to develop. Initially industrial alcohol out broke from the growth of alcoholic beverages but now a days it is used as a solvent and synthesizing other chemicals.
Organic solvents consisting of ethanol, methanol, and isobutanol are the most widely used solvents in the chemical industry after water. The feedstock prepared from starch and corn is low cost and used to meet energy requirements in various industries. However, the fluctuating costs of crude materials limit the industrial alcohol market.
Europe Industrial Alcohol Market has been segmented and sub-segmented into the following categories
On the basis of type, Ethyl alcohol is the largest used industrial alcohol amongst all these and is used in more applications than any other type of industrial alcohol.
On the basis of region, Europe had a high CAGR during the forecast period. The reasons for the same might be government policies.
Prominent Companies dominating the Europe Industrial Alcohol Market Profiled in the Report are MGP Ingredients, The Andersons Inc, Sigma Aldrich, Grain Processing Corporation, Cargill, Raizen Energia, Green Plains Inc, Cristalco, Greenfield Specialty Alcohols, Flint Hills Resources.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemiology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Source
5.1.1 Introduction
5.1.2 Sugar & Molasses
5.1.3 Corn
5.1.4 Grains (Excl. Corn)
5.1.5 Fossil Fuels
5.1.6 Other Sources
5.1.7 Y-o-Y Growth Analysis, By Source
5.1.8 Market Attractiveness Analysis, By Source
5.1.9 Market Share Analysis, By Source
5.2 Type
5.2.1 Introduction
5.2.2 Ethyl Alcohol
5.2.3 Methyl Alcohol
5.2.4 Isopropyl Alcohol
5.2.5 Isobutyl Alcohol
5.2.6 Benzyl Alcohol
5.2.7 Other Types
5.2.8 Y-o-Y Growth Analysis, By Type
5.2.9 Market Attractiveness Analysis, By Type
5.2.10 Market Share Analysis, By Type
5.3 Application
5.3.1 Introduction
5.3.2 Fuel
5.3.3 Chemical Intermediates & Solvent
5.3.4 Pharmaceuticals
5.3.5 Personal Care Products
5.3.6 Food Ingredients
5.3.7 Other Applications
5.3.8 Y-o-Y Growth Analysis, By Application
5.3.9 Market Attractiveness Analysis, By Application
5.3.10 Market Share Analysis, By Application
5.4 Purity
5.4.1 Introduction
5.4.2 Denatured Alcohol
5.4.3 Undenatured Alcohol
5.4.4 Y-o-Y Growth Analysis, By Purity
5.4.5 Market Attractiveness Analysis, By Purity
5.4.6 Market Share Analysis, By Purity
5.5 Funtionality
5.5.1 Introduction
5.5.2 Antimicrobial Activity
5.5.3 Fragrant/Flavoring Agents
5.5.4 Solubility
5.5.5 Antifreeze
5.5.6 Flammability & Volatility
5.5.7 Y-o-Y Growth Analysis, By Funtionality
5.5.8 Market Attractiveness Analysis, By Funtionality
5.5.9 Market Share Analysis, By Functionality
5.6 Processing Method
5.6.1 Introduction
5.6.2 Fermentation Method
5.6.3 Synthetic Method
5.6.4 Y-o-Y Growth Analysis, By Processing Method
5.6.5 Market Attractiveness Analysis, By Processing Method
5.6.6 Market Share Analysis, By Processing Method
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Source
6.1.3.3 By Type
6.1.3.4 By Application
6.1.3.5 By Purity
6.1.3.6 By Functionality
6.1.3.7 By Processing Method
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Source
6.1.4.3 By Type
6.1.4.4 By Application
6.1.4.5 By Purity
6.1.4.6 By Functionality
6.1.4.7 By Processing Method
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Source
6.1.5.3 By Type
6.1.5.4 By Application
6.1.5.5 By Purity
6.1.5.6 By Functionality
6.1.5.7 By Processing Method
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Sigma Aldrich
8.1.1 Overview
8.1.2 Source Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Flint Hills Resources
8.3 Greenfield Specialty Alcohols
8.4 Grain Processing Corporation
8.5 The Andersons Inc.
8.6 MGP Ingredients
8.7 Cristalco
8.8 Green Plains Inc.
8.9 Raízen Energia
8.10 Cargill
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, Collaborations, and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
Related Reports
