1. Market Research
  2. > Pharmaceutical
  3. > OTC Market Trends
Industrial Alcohol Market by Type, Source, Application And Region - Global Forecast to 2025

Industrial Alcohol Market by Type, Source, Application And Region - Global Forecast to 2025

  • September 2020
  • 206 pages
  • ID: 4716216
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

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 112.0billion 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

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2020

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on