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North America Industrial Alcohol Market Research Report – Segmented By Type, Source, Application, Purity, Processing Method, Functionality & Country (US, Canada & Rest of North America) - Industry Analysis, Size, Share, Growth, Trends, & Forecast (2022 to 2027)

Published: January, 2022
ID: 3523
Pages: 125

North America Industrial Alcohol Market Size & Growth (2021– 2026):

As Per the Report, the Size of the North America Industrial Alcohol Market is valued at USD 28.94 billion in 2021and expected to grow at a CAGR of 11%, to reach USD 48.76 billion by 2026 forecast period 2022-2027.

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 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 a food ingredient, flavoring, and other cosmetic products. In the medical sector, industrial alcohol is used in the process of manufacturing vaccines, syrups, and antiseptics.

Ethyl alcohol popularly termed Ethanol is a volatile, flammable, and colorless liquid and is the most widely used biofuel. The production of industrial alcohol is through the fermentation and distillation process that requires a certain temperature of heat as energy to develop. Initially, industrial alcohol outbroke from the growth of alcoholic beverages but nowadays it is used as a solvent and synthesizing other chemicals.

The significant driver 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. The rising environmental concerns and strict government guidelines supporting the development of bioethanol in several countries will further boost the industrial alcohol market.

North America Industrial Alcohol Market has been segmented and sub-segmented into the following categories:

By Type:

  • Ethyl
  • Methyl
  • Isopropyl
  • Isobutyl
  • Benzyl Alcohol

By Source:

  • Sugar & Molasses
  •  Corn
  • Grains
  • Fossil Fuels

By Application:

  • Personal Care
  • Pharmaceutical
  • Fuel
  • Food
  • Chemical

By Purity:

  • Denatured Alcohol & Undenatured Alcohol

By Processing Method:

  • Fermentation Method
  • Synthetic Method

By Functionality:

  • Antimicrobial Activity
  • Fragrant/Flavoring Agents
  • Solubility
  • Antifreeze
  • Flammability & Volatility

By Country:

  • US
  • Canada & Rest of North America.

On the basis of region, North America has the highest share in this market. The USA has the highest demand followed by Canada and Mexico. The North America region is largely driven by industrial concerns.

Major Key Players in North America Industrial Alcohol Market:

  1. MGP Ingredients                                
  2. The Andersons Inc
  3. Sigma Aldrich
  4.  Grain Processing Corporation
  5. Cargill
  6. Raizen Energia
  7. Green Plains Inc
  8. Cristalco
  9. Greenfield Specialty Alcohols
  10. 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 United States  

                6.3 Canada                         

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    

  1. North America Industrial Alcohol Market By Type, From 2022 - 2027 ( USD Million )

  2. North America Ethyl Alcohol  Market By Region, From 2022 - 2027 ( USD Million )

  3. North America Methyl alcohol Market By Region, From 2022 - 2027 ( USD Million )

  4. North America Isopropyl alcohol Market By Region, From 2022 - 2027 ( USD Million )

  5. North America  Isobutyl alcohol Market By Region, From 2022 - 2027 ( USD Million )

  6. North America Benzyl alcohol Market By Region, From 2022 - 2027 ( USD Million )

  7. North America Others  (sorbitol and maltitol) Market By Region, From 2022 - 2027 ( USD Million )

  8. North America Industrial Alcohol Market By Source, From 2022 - 2027 ( USD Million )

  9. North America Sugar & molasses Market By Region, From 2022 - 2027 ( USD Million )

  10. North America Corn Market By Region, From 2022 - 2027 ( USD Million )

  11. North America Grains (excludingcorn) Market By Region, From 2022 - 2027 ( USD Million )

  12. North America Fossil Fuels Market By Region, From 2022 - 2027 ( USD Million )

  13. North America Others (whey, cellulosic materials, and algae) Market By Region, From 2022 - 2027 ( USD Million )

  14. North America Industrial Alcohol Market By Application, From 2022 - 2027 ( USD Million )

  15. North America Personal care products Market By Region, From 2022 - 2027 ( USD Million )

  16. North America Pharmaceuticals Market By Region, From 2022 - 2027 ( USD Million )

  17. North America Fuel Market By Region, From 2022 - 2027 ( USD Million )

  18. North America Food ingredients (excluding beverages) Market By Region, From 2022 - 2027 ( USD Million )

  19. North America Chemical intermediates & solvent Market By Region, From 2022 - 2027 ( USD Million )

  20. North America Others (home care products and reagents) Market By Region, From 2022 - 2027 ( USD Million )

  21. United States Industrial Alcohol Market By Type, From 2022 - 2027 ( USD Million )

  22. United States Industrial Alcohol Market By Source, From 2022 - 2027 ( USD Million )

  23. United States Industrial Alcohol Market By Application, From 2022 - 2027 ( USD Million )

  24. Canada Industrial Alcohol Market By Type, From 2022 - 2027 ( USD Million )

  25. Canada Industrial Alcohol Market By Source, From 2022 - 2027 ( USD Million )

  26. Canada Industrial Alcohol Market By Application, From 2022 - 2027 ( USD Million )

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