Industrial Alcohol Market Research Report - Forecast to 2027

Global Industrial Alcohol Market Information:  By Source (Sugar & Molasses, Corn, Grains, Fossil Fuels), Type (Ethyl Alcohol, Methyl Alcohol, Isopropyl Alcohol), Application (Fuel, Pharmaceuticals, Personal Care Products, Chemical Intermediate & Solvent), And Region- Forecast Till 2027

ID: MRFR/CnM/4331-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill Sample form for the updated data.

Industrial alcohol is distilled ethyl alcohol of high purity. It is produced and used for array of applications such as biofuel, pharmaceuticals, and personal care. It is colourless, volatile, and flammable liquid usually used as a biofuel. It is obtained from various sources such as corn, sugar, molasses, fossil fuels, and others.


Ethanol can be used in petrol engines as a blending fuel for gasoline, which is the major driver of the global industrial alcohol market. Increasing demand for organic solvents due to their high efficiency and low toxicity is likely to drive the market in transportation and chemical sector. The global demand for industrial alcohol is rising due to its wide range of applications from pharmaceuticals to chemical intermediates. Industrial alcohol is further used in pharmaceuticals such as anaesthetics, antiseptics, drugs, liniments, lotions, and also for cosmetics such as fragrances, deodorants and shampoos. The U.S. federal government, under the Renewable Fuel Standard (RFS), has implemented the use of ethanol as a blending fuel with gasoline with the aim of reduction in emission from gasoline and diesel use, which, in turn, is anticipated to boost the demand for ethanol. Moreover, the U.S. Department of Energy supported research at the National Renewable Energy Laboratory (NREL) to develop conversion technologies of biomass to generate base chemicals, fossil substituted products, and produce fuels such as ethanol and others. Technologies to develop low-cost bio-ethanol is a trend prevailing in the market boosting the demand. For instance, the Industrial Technology Research Institute (ITRI) has developed a Nano filtration system that can purify sugar from high ZnCl2 stream hydrolysis solution. This desalinated bagasse hydrolysis solution is fermentable to produce bioethanol and has various advantages such as easy scale-up, low capital expenditure, low operating expenses, and no wastewater.


Global Industrial Alcohol Share, by the Application (%)


 Industrial Alcohol Share


Regional Analysis


The global industrial alcohol market is segmented into five regions North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.


North America holds a significant market share in terms of value due to the high demand for the product in the automotive and pharmaceuticals sectors. The U.S. is the largest manufacturer and consumer of ethanol due to the availability of raw material. The major driver of the industrial alcohol market in the region is the favourable schemes and projects, for instance, the United States Department of Agriculture (USDA) has implemented the U.S. ethanol expansion through agricultural sector.


Asia Pacific is expected to grow at a higher CAGR on account of growing demand for industrial alcohol from chemical, pharmaceutical, and other industries in the region.


The European market is majorly driven by the high demand for industrial alcohol from the automotive, pharmaceutical industries coupled with stringent government regulations.


Latin America and the Middle East & Africa are expected to experience a significant market growth due to the untapped and expanding market in this region.


Segmentation


The global industrial alcohol market is segmented on the basis of the source, type, application, and region.


Based on the source, the market is segmented into sugar & molasses, corn, grains, fossil fuels, and others.


On the basis of the type, the global industrial alcohol market is segmented into ethyl alcohol, methyl alcohol, isopropyl alcohol, isobutyl alcohol, benzyl alcohol, and others.


The global industrial alcohol market is segmented by its application as fuel, pharmaceuticals, personal care products, food ingredients, chemical intermediate & solvent, and others.


Geographically, the global industrial alcohol market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.


Key Players


Some of the manufacturers operating in the global industrial alcohol market are Cargill, Incorporated (U.S.), BASF SE (Germany), Raizen (Brazil), Exxon Mobil Corporation (U.S.), Royal Dutch Shell plc (Netherlands), Eastman Chemical Company (U.S.), Greenfield Global, Inc. (Canada), MGP (U.S.), Green Plains Inc. (U.S.), and Cristalco (France).


Intended Audience



  • Industrial alcohol Manufacturers

  • Traders and distributors of industrial alcohol

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory



Frequently Asked Questions (FAQ) :


Players like Raizen (Brazil), Cargill, Incorporated (U.S.), BASF SE (Germany), Eastman Chemical Company (U.S.), Exxon Mobil Corporation (U.S.), Royal Dutch Shell plc (Netherlands), Green Plains Inc. (U.S.), Greenfield Global, Inc. (Canada), MGP (U.S.), and Cristalco (France) would make a definite impact on the industrial alcohol market growth.

Eminent players of the industrial alcohol market would use brand positioning, collaboration, product launch, acquisition, innovation, rising R&D investment, merger, and others as effective strategies.

The Asia Pacific region would exhibit higher growth opportunities as the industrial alcohol market.

The implementation of technologies to develop low-cost industrial alcohols would ensure better growth for the industrial alcohol market.

Chemical, pharmaceutical, and others would make a definite impact on the industrial alcohol market.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research printing methodology

3.1 Research Type

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining Power of Buyers

4.1.3 Threat of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain/Supply Chain of Global Industrial Alcohol market

5 Industry Overview of Global Industrial Alcohol market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Industrial Alcohol market by Source

7.1 Introduction

7.2 Sugar & Molasses

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Corn

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Grains

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

7.5 Fossil fuels

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast by Region, 2020-2027

7.6 Others

7.6.1 Market Estimates & Forecast, 2020-2027

7.6.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Industrial Alcohol market by Type

8.1 Introduction

8.2 Ethyl alcohol

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Methyl alcohol

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 Isopropyl alcohol

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

8.5 Isobutyl alcohol

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Region, 2020-2027

8.6 Benzyl alcohol

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast by Region, 2020-2027

8.7 Others

8.7.1 Market Estimates & Forecast, 2020-2027

8.7.2 Market Estimates & Forecast by Region, 2020-2027

9. Global Industrial Alcohol market by Application

9.1 Introduction

9.2 Fuel

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Region, 2020-2027

9.3 Pharmaceuticals

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Region, 2020-2027

9.4 Personal care products

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Region, 2020-2027

9.5 Food ingredients

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Region, 2020-2027

9.6 Chemical intermediate & solvents

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast by Region, 2020-2027

9.7 Others

9.7.1 Market Estimates & Forecast, 2020-2027

9.7.2 Market Estimates & Forecast by Region, 2020-2027

10. Global Industrial Alcohol market by region

10.1 Introduction

10.2 North America

10.2.1 Market Estimates & Forecast, 2020-2027

10.2.2 Market Estimates & Forecast by Source, 2020-2027

10.2.3 Market Estimates & Forecast by Type, 2020-2027

10.2.4 Market Estimates & Forecast by Application, 2020-2027

10.2.5 U.S.

10.2.5.1 Market Estimates & Forecast, 2020-2027

10.2.5.2 Market Estimates & Forecast by Source, 2020-2027

10.2.5.3 Market Estimates & Forecast by Type, 2020-2027

10.2.5.4 Market Estimates & Forecast by Application, 2020-2027

10.2.6 Canada

10.2.6.1 Market Estimates & Forecast, 2020-2027

10.2.6.2 Market Estimates & Forecast by Source, 2020-2027

10.2.6.3 Market Estimates & Forecast by Type, 2020-2027

10.2.6.4 Market Estimates & Forecast by Application, 2020-2027

10.3 Europe

10.3.1 Market Estimates & Forecast, 2020-2027

10.3.2 Market Estimates & Forecast by Source, 2020-2027

10.3.3 Market Estimates & Forecast by Type, 2020-2027

10.3.4 Market Estimates & Forecast by Application, 2020-2027

10.3.5 Germany

10.3.5.1 Market Estimates & Forecast, 2020-2027

10.3.5.2 Market Estimates & Forecast by Source, 2020-2027

10.3.5.3 Market Estimates & Forecast by Type, 2020-2027

10.3.5.4 Market Estimates & Forecast by Application, 2020-2027

10.3.6. France

10.3.6.1 Market Estimates & Forecast, 2020-2027

10.3.6.2 Market Estimates & Forecast by Source, 2020-2027

10.3.6.3 Market Estimates & Forecast by Type, 2020-2027

10.3.6.4 Market Estimates & Forecast by Application, 2020-2027

10.3.7 Italy

10.3.7.1 Market Estimates & Forecast, 2020-2027

10.3.7.2 Market Estimates & Forecast by Source, 2020-2027

10.3.7.3 Market Estimates & Forecast by Type, 2020-2027

10.3.7.4 Market Estimates & Forecast by Application, 2020-2027

10.3.8 Spain

10.3.8.1 Market Estimates & Forecast, 2020-2027

10.3.8.2 Market Estimates & Forecast by Source, 2020-2027

10.3.8.3 Market Estimates & Forecast by Type, 2020-2027

10.3.8.4 Market Estimates & Forecast by Application, 2020-2027

10.3.9 U.K

10.3.9.1 Market Estimates & Forecast, 2020-2027

10.3.9.2 Market Estimates & Forecast by Source, 2020-2027

10.3.9.3 Market Estimates & Forecast by Type, 2020-2027

10.3.9.4 Market Estimates & Forecast by Application, 2020-2027

10.3.10 Russia

10.3.10.1 Market Estimates & Forecast, 2020-2027

10.3.10.2 Market Estimates & Forecast by Source, 2020-2027

10.3.10.3 Market Estimates & Forecast by Type, 2020-2027

10.3.10.4 Market Estimates & Forecast by Application, 2020-2027

10.3.11 Poland

10.3.11.1 Market Estimates & Forecast, 2020-2027

10.3.11.2 Market Estimates & Forecast by Source, 2020-2027

10.3.11.3 Market Estimates & Forecast by Type, 2020-2027

10.3.11.4 Market Estimates & Forecast by Application, 2020-2027

10.4 Asia Pacific

10.4.1 Market Estimates & Forecast, 2020-2027

10.4.2 Market Estimates & Forecast by Source, 2020-2027

10.4.3 Market Estimates & Forecast by Type, 2020-2027

10.4.4 Market Estimates & Forecast by Application, 2020-2027

10.4.5 China

10.4.5.1 Market Estimates & Forecast, 2020-2027

10.4.5.2 Market Estimates & Forecast by Source, 2020-2027

10.4.5.3 Market Estimates & Forecast by Type, 2020-2027

10.4.5.3 Market Estimates & Forecast by Application, 2020-2027

10.4.6 India

10.4.6.1 Market Estimates & Forecast, 2020-2027

10.4.6.2 Market Estimates & Forecast by Source, 2020-2027

10.4.6.3 Market Estimates & Forecast by Type, 2020-2027

10.4.6.4 Market Estimates & Forecast by Application, 2020-2027

10.4.7 Japan

10.4.7.1 Market Estimates & Forecast, 2020-2027

10.4.7.2 Market Estimates & Forecast by Source, 2020-2027

10.4.7.3 Market Estimates & Forecast by Type, 2020-2027

10.4.7.4 Market Estimates & Forecast by Application, 2020-2027

10.4.8 Australia

10.4.8.1 Market Estimates & Forecast, 2020-2027

10.4.8.2 Market Estimates & Forecast by Source, 2020-2027

10.4.8.3 Market Estimates & Forecast by Type, 2020-2027

10.4.8.4 Market Estimates & Forecast by Application, 2020-2027

10.4.9 New Zealand

10.4.9.1 Market Estimates & Forecast, 2020-2027

10.4.9.2 Market Estimates & Forecast by Source, 2020-2027

10.4.9.3 Market Estimates & Forecast by Type, 2020-2027

10.4.9.4 Market Estimates & Forecast by Application, 2020-2027

10.4.10 Rest of Asia Pacific

10.4.10.1 Market Estimates & Forecast, 2020-2027

10.4.10.2 Market Estimates & Forecast by Source, 2020-2027

10.4.10.3 Market Estimates & Forecast by Type, 2020-2027

10.4.10.4 Market Estimates & Forecast by Application, 2020-2027

10.5 Middle East & Africa

10.5.1 Market Estimates & Forecast, 2020-2027

10.5.2 Market Estimates & Forecast by Source, 2020-2027

10.5.3 Market Estimates & Forecast by Type, 2020-2027

10.5.4 Market Estimates & Forecast by Application, 2020-2027

10.5.5 Turkey

10.5.5.1 Market Estimates & Forecast, 2020-2027

10.5.5.2 Market Estimates & Forecast by Source, 2020-2027

10.5.5.3 Market Estimates & Forecast by Type, 2020-2027

10.5.5.4 Market Estimates & Forecast by Application, 2020-2027

10.5.6 Israel

10.6.6.1 Market Estimates & Forecast, 2020-2027

10.6.6.2 Market Estimates & Forecast by Source, 2020-2027

10.6.6.3 Market Estimates & Forecast by Type, 2020-2027

10.6.6.4 Market Estimates & Forecast by Application, 2020-2027

10.5.7 North Africa

10.5.7.1 Market Estimates & Forecast, 2020-2027

10.5.7.2 Market Estimates & Forecast by Source, 2020-2027

10.5.7.3 Market Estimates & Forecast by Type, 2020-2027

10.5.7.4 Market Estimates & Forecast by Application, 2020-2027

10.5.8 GCC

10.5.8.1 Market Estimates & Forecast, 2020-2027

10.5.8.2 Market Estimates & Forecast by Source, 2020-2027

10.5.8.3 Market Estimates & Forecast by Type, 2020-2027

10.5.8.4 Market Estimates & Forecast by Application, 2020-2027

10.5.9 Rest of Middle East & Africa

10.5.9.1 Market Estimates & Forecast, 2020-2027

10.5.9.2 Market Estimates & Forecast by Source, 2020-2027

10.5.9.3 Market Estimates & Forecast by Type, 2020-2027

10.5.9.4 Market Estimates & Forecast by Application, 2020-2027

10.6 Latin America

10.6.1 Market Estimates & Forecast, 2020-2027

10.6.2 Market Estimates & Forecast by Source, 2020-2027

10.6.3 Market Estimates & Forecast by Type, 2020-2027

10.6.4 Market Estimates & Forecast by Application, 2020-2027

10.6.5 Brazil

10.6.5.1 Market Estimates & Forecast, 2020-2027

10.6.5.2 Market Estimates & Forecast by Source, 2020-2027

10.6.5.3 Market Estimates & Forecast by Type, 2020-2027

10.6.5.4 Market Estimates & Forecast by Application, 2020-2027

10.6.6 Mexico

10.6.6.1 Market Estimates & Forecast, 2020-2027

10.6.6.2 Market Estimates & Forecast by Source, 2020-2027

10.6.6.3 Market Estimates & Forecast by Type, 2020-2027

10.6.6.6 Market Estimates & Forecast by Application, 2020-2027

10.6.7 Argentina

10.6.7.1 Market Estimates & Forecast, 2020-2027

10.6.7.2 Market Estimates & Forecast by Source, 2020-2027

10.6.7.3 Market Estimates & Forecast by Type, 2020-2027

10.6.7.4 Market Estimates & Forecast by Application, 2020-2027

10.6.8 Rest of Latin America

10.6.8.1 Market Estimates & Forecast, 2020-2027

10.6.8.2 Market Estimates & Forecast by Source, 2020-2027

10.6.8.3 Market Estimates & Forecast by Type, 2020-2027

10.6.8.4 Market Estimates & Forecast by Application, 2020-2027

11. Company Landscape

12. Company Profiles

12.1 Lawter

12.1.1 Company Overview

12.1.2 Product/Business Segment Overview

12.1.3 Financial Updates

12.1.4 Key Developments

12.2 BASF SE

12.2.1 Company Overview

12.2.2 Product/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.3 Royal Dsm N.V.

12.3.1 Company Overview

12.3.2 Product/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Developments

12.4 DowDuPont

12.4.1 Company Overview

12.4.2 Product/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Developments

12.5 Evonik Industries AG

12.5.1 Company Overview

12.5.2 Product/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.6 Hydrite Chemical

12.6.1 Company Overview

12.6.2 Product/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.7 Arizona Chemical Company, LLC.

12.7.1 Company Overview

12.7.2 Product/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.8 Arakawa Chemical Industries,Ltd

12.8.1 Company Overview

12.8.2 Product/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.9 Indulor Chemie Gmbh

12.9.1 Company Overview

12.9.2 Product/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

12.10 IGM Resins, Inc.

12.10.1 Company Overview

12.10.2 Product/Business Segment Overview

12.10.3 Financial Updates

12.10.4 Key Developments

13. Conclusion

LIST OF TABLES

Table 1 World Population by Major Regions (2020 To 2030)

Table 2 Global Industrial Alcohol market: By Region, 2020-2027

Table 3 North America Industrial Alcohol market: By Country, 2020-2027

Table 4 Europe Industrial Alcohol market: By Country, 2020-2027

Table 5 Asia-Pacific Industrial Alcohol market: By Country, 2020-2027

Table 6 Middle East & Africa Industrial Alcohol market: By Country, 2020-2027

Table 7 Latin America Industrial Alcohol market: By Country, 2020-2027

Table 8 Global Industrial Alcohol by Source Market: By Regions, 2020-2027

Table 9 North America Industrial Alcohol by Source Market: By Country, 2020-2027

Table10 Europe Industrial Alcohol by Source Market: By Country, 2020-2027

Table11 Asia-Pacific Industrial Alcohol by Source Market: By Country, 2020-2027

Table12 Middle East & Africa Industrial Alcohol by Source Market: By Country, 2020-2027

Table13 Latin America Industrial Alcohol by Source Market: By Country, 2020-2027

Table14 Global Industrial Alcohol by Type Market: By Regions, 2020-2027

Table15 North America Industrial Alcohol by Type Market: By Country, 2020-2027

Table16 Europe Industrial Alcohol by Type Market: By Country, 2020-2027

Table17 Asia-Pacific Industrial Alcohol by Type Market: By Country, 2020-2027

Table18 Middle East & Africa Industrial Alcohol by Type Market: By Country, 2020-2027

Table19 Latin America Industrial Alcohol by Type Market: By Country, 2020-2027

Table20 North America Industrial Alcohol for Application Market: By Country, 2020-2027

Table21 Europe Industrial Alcohol for Application Market: By Country, 2020-2027

Table22 Asia-Pacific Industrial Alcohol for Application Market: By Country, 2020-2027

Table23 Middle East & Africa Industrial Alcohol for Application Market: By Country, 2020-2027

Table24 Latin America Industrial Alcohol for Application Market: By Country, 2020-2027

Table25 Global Source Market: By Region, 2020-2027

Table26 Global Application Market: By Region, 2020-2027

Table27 Global Application Market: By Region, 2020-2027

Table28 North America Industrial Alcohol market, By Country

Table29 North America Industrial Alcohol market, By Source

Table30 North America Industrial Alcohol market, By Type

Table31 North America Industrial Alcohol market, By Application

Table32 Europe: Industrial Alcohol market, By Country

Table33 Europe: Industrial Alcohol market, By Source

Table34 Europe: Industrial Alcohol market, By Type

Table35 Europe: Industrial Alcohol market, By Application

Table36 Asia-Pacific: Industrial Alcohol market, By Country

Table37 Asia-Pacific: Industrial Alcohol market, By Source

Table38 Asia-Pacific: Industrial Alcohol market, By Type

Table39 Asia-Pacific: Industrial Alcohol market, By Application

Table40 Middle East & Africa: Industrial Alcohol market, By Country

Table41 Middle East & Africa Industrial Alcohol market, By Source

Table42 Middle East & Africa Industrial Alcohol market, By Type

Table43 Middle East & Africa: Industrial Alcohol market, By Application

Table44 Latin America: Industrial Alcohol market, By Country

Table45 Latin America Industrial Alcohol market, By Source

Table46 Latin America Industrial Alcohol market, By Type

Table47 Latin America: Industrial Alcohol market, By Application

LIST OF FIGURES

FIGURE 1 Global Industrial Alcohol market segmentation

FIGURE 2 Forecast Printing methodology

FIGURE 3 Five Forces Analysis of Global Industrial Alcohol market

FIGURE 4 Value Chain of Global Industrial Alcohol market

FIGURE 5 Share of Global Industrial Alcohol market in 2020, by country (in %)

FIGURE 6 Global Industrial Alcohol market, 2020-2027,

FIGURE 7 Sub segments of Source

FIGURE 8 Global Industrial Alcohol market size by Source, 2020

FIGURE 9 Share of Global Industrial Alcohol market by Source, 2020-2027

FIGURE 10 Global Industrial Alcohol market size by Type, 2020

FIGURE 11 Share of Global Industrial Alcohol market by Type, 2020-2027

FIGURE 12 Global Industrial Alcohol market size by Application, 2020

FIGURE 13 Share of Global Industrial Alcohol market by Application, 2020-2027