The Global Industrial Alcohol Market Size is valued at USD 85.6 billion in 2019 and estimated to grow at a CAGR of 9.8%, to reach USD 136.61 billion by 2024 during the forecast period 2019-2024.
MARKET OVERVIEW
Industrial alcohol is a refined type of ethyl alcohol that is delivered and sold for differed drink purposes. Industrial alcohol is generally disseminated as unadulterated ethyl alcohol. Unadulterated ethyl alcohol is utilized as a part of the compound research facilities or ventures with the end goal of sterilizing, cleaning and other dissolvable use. Besides, this sort of ethyl alcohol is likewise utilized as a part of solutions, as nourishment fixing, seasoning and other restorative items. In medicinal division, industrial alcohol is utilized as a part of the way toward assembling antibodies, syrups and sterilizers.
Ethyl alcohol, famously named Ethanol is unpredictable, combustible and dreary fluid and is the most broadly utilized biofuel all around. The generation of industrial alcohol is through aging and refining process that requires a specific temperature of warmth as vitality to create. At first industrial alcohol out parted from the development of alcoholic drinks however nowadays it is utilized as a dissolvable and blending different chemicals.
DRIVERS
The significant drivers for Industrial Alcohol rising demand for organic solvents owing to efficient properties including high octane number and flammability characteristics. It is a better and cleaner-burning fuel that is blended with gasoline and diesel fuels to reduce fuel consumption and emissions. With the rising environmental concerns and strict government guidelines supporting the development of bioethanol in several countries will further boost the industrial alcohol market.
REPORT COVERAGE
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REPORT METRIC |
DETAILS |
|
Market Size Available |
2018 – 2024 |
|
Base Year |
2018 |
|
Forecast Period |
2019 - 2024 |
|
Segments Covered |
By Type, Source, Application, Purity, Processing Method, Functionality, Region |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
|
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
|
Market Leaders Profiled |
MGP Ingredients (U.S.), The Andersons Inc. (U.S.), Sigma Aldrich (U.S.), Grain Processing Corporation (U.S.), Cargill (U.S.), Raizen Energia (Brazil), Green Plains Inc. (U.S.), Cristalco (France), Greenfield Specialty Alcohols (Canada), and Flint Hills Resources (U.S.) |
This market research report on Global Industrial Alcohol Market has been segmented and sub-segmented into the following categories and analyzed market size and forecast until 2024.
Industrial Alcohol Market - By Type
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.
Industrial Alcohol Market - By Source
Industrial Alcohol Market - By Application
Industrial Alcohol Market - By Purity
Industrial Alcohol Market - By Processing Method
Industrial Alcohol Market - By Functionality
Regional Analysis
North America is estimated to constitute the largest share in this market, while the Asia Pacific region is expected to witness the fastest growth and overtake North America, being the second-largest shareholder for the market during the forecast period.
Key Market Companies leading the Global Industrial Alcohol Market Profiled in the Report are:
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 Functionality
5.5.1 Introduction
5.5.2 Antimicrobial Activity
5.5.3 Fragrant/Flavoring Agents
5.5.4 Y-o-Y Growth Analysis, By Functionality
5.5.5 Market Attractiveness Analysis, By Functionality
5.5.6 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 Type
6.1.3.3 By Source
6.1.3.4 By Applications
6.1.3.5 By Purity
6.1.3.6 By Processing Method
6.1.3.7 By Functionality
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Source
6.1.4.4 By Applications
6.1.4.5 By Purity
6.1.4.5 By Processing Method
6.1.4.6 By Functionality
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Source
6.1.5.4 By Applications
6.1.5.5 By Purity
6.1.5.6 By Processing Method
6.1.5.7 By Functionality
6.2 North America
6.2.1 Introduction
6.2.2 United States
6.2.3 Canada
6.3 Europe
6.3.1 Introduction
6.3.2 U.K
6.3.3 Spain
6.3.4 Germany
6.3.5 Italy
6.3.6 France
6.4 Asia-Pacific
6.4.1 Introduction
6.4.2 China
6.4.3 India
6.4.4 Japan
6.4.5 Australia
6.4.6 South Korea
6.5 Latin America
6.5.1 Introduction
6.5.2 Brazil
6.5.3 Argentina
6.5.4 Mexico
6.5.5 Rest of Latin America
6.6 Middle East & Africa
6.6.1 Introduction
6.6.2 Middle-East
6.6.3 Africa
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 MGP Ingredients
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 MGP Ingredients
8.3 The Andersons Inc
8.4 Sigma Aldrich
8.5 Grain Processing Corporation
8.6 Cargill
8.7 Raizen Energia
8.8 Green Plains Inc
8.9 Cristalco
8.10 Greenfield Specialty Alcohols
8.11 Flint Hills Resources
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
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