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Industrial Alcohol Market by Type, Source, Application, and Region - Global Forecast to 2022

Industrial Alcohol Market: Global Forecast until 2022

  • February 2017
  • 170 pages
  • ID: 4716216
In this report:
According to the U.S. Energy Information Administration, gasoline in the U.S. is blended with ##% ethyl alcohol; and its export exceeded ## million gallons, in 2016.
In Europe, the personal care products segment is expected to grow at the highest rate of ##.##%, to reach a volume of ##,##.## KT by 2022.

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"The industrial alcohol market forecasted to grow at a compound annual growth rate (CAGR) of 9.8% during the forecast horizon"

The industrial alcohol market is estimated to rise at a compound annual growth rate of 9.80 percent from 2017, to attain ~$180.8B by 2022. The industry demand for industrial alcohol is estimated to be on the increase, owing to Elements such as the growth in demand for petrochemicals, commercialization of alternative fuels including bioethanol and bio-butanol, and increase in various applications including cosmetics, pharmaceuticals, and paints & coatings, due to their multi-functionality. Increase in consumer awareness regarding utilization of low carbon alternate fuels, along governmental mandates for the blending of biofuels in gasoline and diesel in different countries, is fueling the rise in demand for industrial alcohol in the biofuel market. The fluctuations in prices of raw materials are the main restraints for the industrial alcohol market.

"Fuel segment is forecasted to be the quickest-increasing in the industrial alcohol market"

In terms of value significance, the fuel segment, by application, is expected to rise at the highest level rate between 2017 and 2022. Due to functional properties including high octane number and flammability characteristics, ethyl alcohol, methyl alcohol, and isobutyl alcohol are widely used in the fuel and energy industry. The support extended by the government of individual countries for the development of biofuels in the energy market and the rise in agricultural land availability for bioethanol production have fueled the increase of this market.

"Asia-Pac is intended to be the quickest-rising area in the sector."

In the overall industrial alcohol market, Asia Pacific (APAC) is forecasted to be the quickest-increasing area, in terms of value importance and quantity, between 2017 and 2022. This area comprises developing economies including China, India (IN), and Thailand (TH) whose market of industrial alcohol has been growing annually over the last five years. It is also the biggest producer of all types of industrial alcohol except ethyl alcohol.

The rising adoption of alcohol in applications including cosmetics, pharmaceuticals, chemical intermediates and solvents, fast growth in demand for personal care products, availability of feedstocks including sugar, natural gas, coal in countries such as india (IN) and China (CN), clubbed with the growth in the number of production facilities is predicted to push the industrial alcohol market in the biofuel and chemical industries. The industrial alcohol market in India (IN), in terms of quantity, is expected to grow at the maximal rate among the Asia-Pacific countries.

Distribution of primaries:

- By Company category: Tier 1 - 29 %, Tier 2 - 21.0 percent, and Tier 3 - 50.0 percent

- By Description: C-suite - 23.0 percent, D-level - 45.0 percent, and Others - 32.0 percent

- By area: North america (NA) - 19.0 percent, Europe - 17.0 percent, Asia-Pacific - 48.0 percent, and rest of the world - 16.0 percent

The overall market for industrial alcohol is leaded by, is monopolized by big players including Green Plains Inc., Cargill, MGP Ingredients, Cristalco, The Andersons Inc., Sigma Aldrich, Grain Processing Corporation, Greenfield Specialty Alcohols, and Flint Hills Resources.

Segment Research

The industrial alcohol market has been split on the basis of type, source, application, and area. In terms of insights, this market research has emphasized several levels of analyses - industry, market share research of top players, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape, emerging & high-growth segments of the overall industrial alcohol market, high-growth areas, territories, and their specific regulatory policies, government actions, drivers, market restraints, alternatives, and opportunities.

Why acquiring this study can help you:

- To get an overview of the overall industrial alcohol market

- To get an overview of the main actors of the industrial alcohol sector and top strategies approved by top players to attain market presence

- To benefit insights of the main regions in which the industrial alcohol market is increasing

- To benefit knowledge of the increase of different industrial alcohols

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