Industrial Alcohol Market by Type (Ethyl Alcohol, Methyl Alcohol, Isopropyl Alcohol, and Isobutyl Alcohol), Source (Sugarcane & Bagasse, Corn, Grains, Molasses, and Fuels), Application, and Region – Global Forecast to 2025

2020-09-02
Price :
Published : Sep-2020
No. of Pages : 197

 “Increase in demand for ethanol in the fuel industry is driving the market for industrial alcohol across the globe”.

The industrial alcohol market is estimated to reach USD 93.3 billion in 2020 and is projected to account for USD 112.0 billion by 2025, recording a CAGR of 3.7% during the forecast period. There is a rising demand for fuel grade ethyl alcohol which is used as a blend in transportation fuels.  The North American region dominates in grain and corn production used for ethyl alcohol manufacturing. The Asia pacific region is projected to grow at the highest growth rate.

By type, the ethyl alcohol segment is projected to dominate the industrial alcohol market during the forecast period.

Based on type, the cereals & grains segment is estimated to account for the largest share in the industrial alcohol market in 2019. Ethyl alcohol is used in a wide variety of industries due to which it is used in food grade as well as fuel grades. Pure ethyl alcohol is used for its sanitizing, cleaning, and solvent properties. Many medicines, food products, flavorings, and cosmetics could not be produced without it. It is used to process vaccines, compound tonics, syrups, tinctures, liniments, and antiseptics as well as being vital in the manufacture of pharmaceuticals such as chloroform, atabrine, and barbiturates. It is used in the production of adhesives, cosmetics, detergents, explosives, inks, hand cream, plastics, and textiles.

The fossil fuel segment in the industrial alcohol market is estimated to account for the largest share in 2019.

Based on source, fossil fuel segment is estimated to account for the largest share in the industrial alcohol market in 2019. The need to reduce dependence on fossil oil as a direct source of fuel is the major driving force for the methanol market. Methanol is used for spreading gasoline supplies in many gasoline markets around the world. Industrial alcohols extracted from the petroleum or synthetic ethyl alcohol can be manufactured easily through the hydrolysis of ethylene, which is a major petrochemical. Alcohol is synthesized from petroleum by creating ethylene, and then hydrating to form ethanol. Both synthetic and fermented alcohol meant to be used for non-drinking purposes are purposely denatured to avoid liquor tax.

The Chemical intermediates & solvents industrial alcohol segment in the industrial alcohol market is estimated to account for the largest share in 2019.

Based on application, chemical intermediates & solvents segment is estimated to account for the largest share in the industrial alcohol market in 2019. This application of industrial alcohol segment accounts for the largest share in the industrial alcohol market. Benzyl alcohol and isopropyl alcohol are majorly used as solvents. Approximately 46% of isopropyl alcohol produced is used in industrial solvent applications, whereas around 28% of benzyl alcohol is used as solvents.  Apart from use as an industrial solvent, alcohol is also used in the manufacturing of chemical intermediaries and fertilizers.

Break-up of Primaries

  • By Manufacturer (Designation):Managers & Executives-45%, Junior-level Employees -33%,and Managing Directors-22%
  • By Designation: CXOs–40%,Managers – 38%, and Executives-22%
  • By Country: North America – 20%, Europe – 55%, Asia Pacific– 20%, RoW – 5%

Research Coverage

This report segments the industrial alcohol market based on type, source, application, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the industrial alcohol industry, the high-growth regions, countries, government initiatives, market disruption, drivers, restraints, opportunities, and challenges.

Reasons to buy this report

  • To get a comprehensive overview of the industrial alcohol market
  • To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
  • To gain insights about the major countries/regions, in which the industrial alcohol market is flourishing
Filed in: Food & Beverage
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Gluten-free Products Market by Type (Bakery products, Snacks & RTE products, Condiments & dressings, Pizzas & pastas), Distribution channel (Conventional stores, Specialty stores and Drugstores & Pharmacies), Form & Region – Global Forecast to 2025

“The gluten-free products market is projected to grow at a CAGR of 8.1% in terms of value.The key drivers include increased diagnosis of celiac disease and other food allergies, which, in turn, is boosting the market growth for gluten-free products.” The global gluten-free products market size is estimated at USD 5.6 billion in 2020 and projected to grow at a CAGR of 8.1% to reach USD 8.3 billion by 2025. The global gluten-free products market is driven by the increased diagnosis of celiac disease and other food allergies. Also, health benefits and adoption of special diertary lifestyles and free-from foods from a majority population across the globe is expected to further drive the growth. Relatively high cost of gluten-free products as compared to the conventional gluten-containin......
$4950

Modified Starch Market by Raw Material (Corn, Cassava, Potato, and Wheat), Application (Food & Beverages (Bakery & Confectionery, Processed Foods, Beverages, and Other Food Applications), Industrial, and Feed), Form, and Region – Global Forecast to 2025

“The modified starch market is projected to grow at a CAGR of 2.7% during the forecast period.” According to MarketsandMarkets, the global modified starch market size is estimated to be valued at USD 13.1 billion in 2020 and projected to reach USD 14.9 billion by 2025, recording a CAGR of 2.7%.The market is driven primarily by factors such as increasing consumption of processed food and convenience food. Asia Pacific is projected to be the fastest-growing regional market. Asian countries, especially China, have emerged as leading destinations, as major companies are investing in these countries. One of the major restraints in the growth of the modified starch market is the rising costs of raw materials and stringent regulations. “By application, the food & beverages segment......
$4950

Microencapsulation Market by Technology (Spray, Emulsion, Dripping), Core Material (Pharma & Healthcare Drugs, PCM, Food Additives, Fragrances), Application (Pharma, Household, Agrochemicals, Textiles), Shell Material, and Region – Global Forecast to 2025

“The micro encapsulation market is projected to grow at a CAGR of 12.9%.” The global micro encapsulation market was valued at USD 8.5 billion in 2020 and is projected to reach USD 15.5 billion by 2025, at a CAGR of 12.9% from 2020 to 2025. The market is driven by factors such as the increasing demand for fortified food products for the taste masking and enhanced shelf-life properties, the increasing demand for the controlled-release agrochemicals, growing construction and construction materials,and wide spread applications in household & personal care. The high costs associated with the micro encapsulated process,the regulations on the maximum quantity of micro encapsulated ingredients that can be added to food &beverages, and the limited availability of natural sources of h......
$4950

Savory Biscuits (Bakery and Cereals) Market in Brazil – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Savory Biscuits (Bakery and Cereals) Market in Brazil - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Savory Biscuits (Bakery and Cereals) Market in Brazil - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Savory Biscuits market in Brazil. Savoury Biscuits - includes all crackers, crispbreads (bread substitutes e.g. Ryvita), cheese crackers, Savory Biscuits market in Brazil registered a positive compound annual growth rate (CAGR) of 1.89% during the period 2014 to 2019 with a sales value of BRL 4,669.13 Million in 2019, an increase of 1.45% over 2018. The market achieved its strongest performance in 2016, when it grew by 3.26% over its previous year and its......
$500

Savory Biscuits (Bakery and Cereals) Market in Italy – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Savory Biscuits (Bakery and Cereals) Market in Italy - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Savory Biscuits (Bakery and Cereals) Market in Italy - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Savory Biscuits market in Italy. Savoury Biscuits - includes all crackers, crispbreads (bread substitutes e.g. Ryvita), cheese crackers, Savory Biscuits market in Italy registered a positive compound annual growth rate (CAGR) of 2.92% during the period 2014 to 2019 with a sales value of EUR 1,017.36 Million in 2019, an increase of 3.13% over 2018. The market achieved its strongest performance in 2018, when it grew by 3.56% over its previous year and its wea......
$500

Energy Bars (Bakery and Cereals) Market in the United States of America – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Energy Bars (Bakery and Cereals) Market in the United States of America - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Energy Bars (Bakery and Cereals) Market in United States of America - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Energy Bars market in United States of America. Energy Bars - Includes Protein bars and cereal-based bars which have been nutritionally fortified to give an energy boost. Example Lucozade Sport Energy Bar. Energy Bars market in United States of America registered a positive compound annual growth rate (CAGR) of 8.75% during the period 2014 to 2019 with a sales value of USD 5,010.38 Million in 2019, an increase of 8.45% over ......
$500

Fortified Wine (Wines) Market in Peru – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Fortified Wine (Wines) Market in Peru - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Fortified Wine (Wines) Market in Peru - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Fortified Wine market in Peru. Fortified Wine - Fortified wine is wine to which extra manufactured alcohol has been added, the most common being brandy. Includes Madeira, Port, Sherry, Vermouth and other fortified wines . Fortified means that it has an alcohol content by volume (ABV) of between 14% and 20%. Fortified Wine market in Peru registered a negative compound annual growth rate (CAGR) of -1.89% during the period 2014 to 2019 with a sales value of PEN 1.37 Million in 2019, a decre......
$500

Energy Bars (Bakery and Cereals) Market in Germany – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Energy Bars (Bakery and Cereals) Market in Germany - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Energy Bars (Bakery and Cereals) Market in Germany - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Energy Bars market in Germany. Energy Bars - Includes Protein bars and cereal-based bars which have been nutritionally fortified to give an energy boost. Example Lucozade Sport Energy Bar. Energy Bars market in Germany registered a positive compound annual growth rate (CAGR) of 2.47% during the period 2014 to 2019 with a sales value of EUR 12.06 Million in 2019, an increase of 2.51% over 2018. The market achieved its strongest performance in 2018, when it grew b......
$500

Energy Bars (Bakery and Cereals) Market in Spain – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Energy Bars (Bakery and Cereals) Market in Spain - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Energy Bars (Bakery and Cereals) Market in Spain - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Energy Bars market in Spain. Energy Bars - Includes Protein bars and cereal-based bars which have been nutritionally fortified to give an energy boost. Example Lucozade Sport Energy Bar. Energy Bars market in Spain registered a positive compound annual growth rate (CAGR) of 3.64% during the period 2014 to 2019 with a sales value of EUR 5.99 Million in 2019, an increase of 3.65% over 2018. The market achieved its strongest performance in 2018, when it grew by 4.72% o......
$500

Fortified Wine (Wines) Market in India – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Fortified Wine (Wines) Market in India - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Fortified Wine (Wines) Market in India - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Fortified Wine market in India. Fortified Wine - Fortified wine is wine to which extra manufactured alcohol has been added, the most common being brandy. Includes Madeira, Port, Sherry, Vermouth and other fortified wines . Fortified means that it has an alcohol content by volume (ABV) of between 14% and 20%. Fortified Wine market in India registered a positive compound annual growth rate (CAGR) of 19.41% during the period 2014 to 2019 with a sales value of INR 35,836.54 Million in 2019......
$500
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy