The industrial alcohol market is expected to grow from USD 136.54 billion in 2019 to USD 288.46 billion by 2027, at a CAGR of 9.8% during the forecast period 2020-2027.
A distilled ethyl alcohol of high proof produced and sold for other than beverage purposes is known as industrial alcohol. It is distributed in the form of completely denatured alcohol, specially denatured alcohol, pure ethyl alcohol, and proprietary solvent blends. Industrial alcohols are used to process compound toxins, tinctures, vaccines, liniments, syrups, and antiseptics. Industrial alcohol is also used in the production of cosmetics, hand cream, adhesives, explosives, detergents, textiles, inks, and plastics.
Factors driving the market are increasing demand for petrochemicals, growing production of cosmetics, paints, coatings, and pharmaceuticals, rising demand for organic solvents, a growing concern for energy security and increasing demand for low-priced feedstock in the chemical industry. Factor restraining the market growth is the changing prices of raw materials. Growing preference for bioethanol can possess great opportunities for the market growth.
This study delivers a comprehensive analysis of source, type, application, and region. The source segment includes corn, sugar & molasses, fossil fuels, and grains. The sugar and molasses segment is expected to show a significant growth, owing to increasing demand from the fuel and food industries. Sugar and molasses are used as an ingredient in the manufacturing of personal care, pharmaceutical, and food industries. The type segment includes methyl, ethyl, isobutyl, isopropyl, and benzyl alcohol. The ethyl alcohol segment holds the largest share in the market, attributing to its increased usage as an additive or as a biofuel. Ethyl alcohol is considered as an excellent disinfectant due to which it is used as a cleaning agent. The application segment includes pharmaceutical, personal care, food, chemical, and fuel. The fuel segment dominates the market growth, owing to rising demand for biofuel due to the need to preserve the environment and increasing awareness regarding the biofuel.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia-Pacific region is the fastest-growing region, owing to the wide application of alcohol, economic growth, and urbanization. In the region, India is the fastest-growing owing to growing demand for alcohol and extensive agriculture land available. North America is expected to witness significant growth owing to enhanced production of industrial solvents from agricultural algae and wastes in Brazil and the U.S. The Middle East and Africa region is anticipated to grow, owing to the availability of feedstock such as corn and increasing consumer awareness regarding carbon emissions and environmental conservation.
Some of the notable players in the market are Green Plains Inc., MGP Ingredients, The Andersons Inc., Cargill, Grain Processing Corporation, Pharmco, Flint Hills Resources, Greenfield Specialty Alcohols, Sigma Aldrich, and Raizen Energia. In July 2019, a leading international producer of industrial alcohol and high purity solvents, Pharmco, expanded its distribution capabilities in a new warehouse into Ocala, Florida.
Industrial Alcohol Market by Source
Industrial Alcohol Market, by Type
Industrial Alcohol Market, by Application
Industrial Alcohol Market, by Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Source
4.3.2. Market Attractiveness Analysis By Type
4.3.3. Market Attractiveness Analysis By Application
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restrains
5.4. Opportunities
5.5. Challenges
6. Global Industrial Alcohol Market Analysis and Forecast, By Source
6.1. Segment Overview
6.2. Corn
6.3. Sugar & Molasses
6.4. Fossil Fuels
6.5. Grains
7. Global Industrial Alcohol Market Analysis and Forecast, By Type
7.1. Segment Overview
7.2. Methyl
7.3. Ethyl
7.4. Isobutyl
7.5. Isopropyl
7.6. Benzyl Alcohol
8. Global Industrial Alcohol Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Pharmaceutical
8.3. Personal Care
8.4. Food
8.5. Chemical
8.6. Fuel
9. Global Industrial Alcohol Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Industrial Alcohol Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Industrial Alcohol Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Green Plains Inc.
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. MGP Ingredients
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. The Andersons Inc.
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. CargillGrain Processing Corporation
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Pharmco
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Flint Hills Resources
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Greenfield Specialty Alcohols
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Sigma Aldrich
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. RaizenEnergia
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
List of Table
1. Global Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
2. Global Corn Industrial Alcohol Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
3. Global Sugar & Molasses Industrial Alcohol Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
4. Global Fossil Fuels Industrial Alcohol Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
5. Global Grains Industrial Alcohol Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
6. Global Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
7. Global Methyl, Industrial Alcohol Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
8. Global Ethyl, Industrial Alcohol Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
9. Global Isobutyl, Industrial Alcohol Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
10. Global Isopropyl, Industrial Alcohol Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
11. Global Benzyl Alcohol, Industrial Alcohol Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
12. Global Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
13. Global Pharmaceutical Industrial Alcohol Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
14. Global Personal Care Industrial Alcohol Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
15. Global Food Industrial Alcohol Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
16. Global Chemical Industrial Alcohol Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
17. Global Fuel Industrial Alcohol Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
18. Global Industrial Alcohol Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
19. Global Industrial Alcohol Market, By North America, 2017–2027 (USD Billion)(Kilo Tons)
20. North America Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
21. North America Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
22. North America Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
23. U.S. Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
24. U.S. Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
25. U.S. Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
26. Canada Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
27. Canada Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
28. Canada Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
29. Mexico Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
30. Mexico Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
31. Mexico Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
32. Europe Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
33. Europe Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
34. Europe Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
35. Germany Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
36. Germany Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
37. Germany Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
38. France Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
39. France Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
40. France Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
41. U.K. Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
42. U.K. Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
43. U.K. Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
44. Italy Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
45. Italy Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
46. Italy Industrial Alcohol Market, By Application, 2016–2026(USD Million)(Units)
47. Spain Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
48. Spain Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
49. Spain Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
50. Asia Pacific Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
51. Asia Pacific Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
52. Asia Pacific Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
53. Japan Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
54. Japan Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
55. Japan Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
56. China Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
57. China Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
58. China Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
59. India Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
60. India Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
61. India Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
62. South America Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
63. South America Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
64. South America Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
65. Brazil Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
66. Brazil Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
67. Brazil Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
68. Middle East and Africa Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
69. Middle East and Africa Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
70. Middle East and Africa Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
71. UAE Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
72. UAE Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
73. UAE Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
74. South Africa Industrial Alcohol Market, By Source, 2017–2027 (USD Billion)(Kilo Tons)
75. South Africa Industrial Alcohol Market, By Type, 2017–2027 (USD Billion)(Kilo Tons)
76. South Africa Industrial Alcohol Market, By Application, 2017–2027 (USD Billion)(Kilo Tons)
List of Figures
1. Global Industrial Alcohol Market Segmentation
2. Industrial Alcohol Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Industrial Alcohol Market Attractiveness Analysis By Source
9. Global Industrial Alcohol Market Attractiveness Analysis By Type
10. Global Industrial Alcohol Market Attractiveness Analysis By Application
11. Global Industrial Alcohol Market Attractiveness Analysis By Region
12. Global Industrial Alcohol Market: Dynamics
13. Global Industrial Alcohol Market Share By Source (2019 & 2027)
14. Global Industrial Alcohol Market Share by Type (2019 & 2027)
15. Global Industrial Alcohol Market Share By Application (2019 & 2027)
16. Global Industrial Alcohol Market Share by Regions (2019 & 2027)
17. Global Industrial Alcohol Market Share by Company (2019)
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