KEY FINDINGS
The Asia-Pacific industrial alcohols market growth is anticipated to evolve at a CAGR of 10.85% in terms of volume and 9.17% in terms of revenue during the forecast period, 2022-2028. The availability of feedstock like corn, strong logistic facilities, and stringent government regulations, offer ample market growth opportunities.
MARKET INSIGHTS
Indonesia, India, Australia & New Zealand, Japan, South Korea, China, Thailand, and Rest of Asia-Pacific, are evaluated for the Asia-Pacific industrial alcohols market growth assessment. Japan converts ethanol to bio-ETBE, which is further blended to fuel. The country also has a constant production capacity of bio-ETBE. Further, it imports sugar-based ethanol from Brazil. In 2017, the government approved the imports of corn-based ethanol from the United States. Also, the automakers have introduced some automobile models that function on ETBE22 or E10. More than 40% of ethanol is used for food processing, toiletry products, cosmetics, and hygienic & medical purposes.
In Australia, fuel ethanol production entails wheat, molasses, and sorghum. It registered steady growth in the recent past. Also, different provinces have different mandates for ethanol blending. In New Zealand, ethanol production is majorly from whey, a byproduct of the dairy industry. In Malaysia, the lack of scale economies and high costs make ethanol production using molasses or sugarcane unviable. In the case of Indonesia, the diminishing size of sugarcane crops and molasses is a major hindrance to the expansion of ethanol production. The country's distillers use feasible and widely available feedstock for ethanol production, like corn.
COMPETITIVE INSIGHTS
Some of the prominent companies in the market include, MGP Ingredients Inc, Ecolab, Cargill Incorporated, Exxon Mobil Corporation, Royal Dutch Shell, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Asia-Pacific Industrial Alcohols Market Forecast 2022-2028
Table Of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Key Drivers
3.1.1. Increased Adoption Of Biofuels As An Alternative To Petroleum
3.1.2. Wide Utilization Of Alcohols In Multiple End-User Applications
3.1.3. Rising Demand For Methanol
3.2. Key Restraints
3.2.1. Rising Prices Of Raw Material
4. Key Analytics
4.1. Impact Of Covid-19 On Industrial Alcohols Market
4.2. Key Investment Insights
4.3. Porter's Five Forces Analysis
4.3.1. Buyers Power
4.3.2. Suppliers Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
5. Market By Processing (In Terms Of Revenue: $ Million & Volume: Kilotons)
5.1. Fermentation
5.2. Synthetic
6. Market By Source (In Terms Of Revenue: $ Million & Volume: Kilotons)
6.1. Molasses
6.2. Sugarcane
6.3. Grains
6.4. Other Sources
7. Market By Product Type (In Terms Of Revenue: $ Million & Volume: Kilotons)
7.1. Isopropyl Alcohol
7.2. Methyl Alcohol
7.3. Ethyl Alcohol
7.4. Isobutyl Alcohol
7.5. Benzyl Alcohol
7.6. Other Product Types
8. Market By End-User (In Terms Of Revenue: $ Million & Volume: Kilotons)
8.1. Fuel
8.2. Chemical Intermediates & Solvent
8.3. Pharmaceuticals
8.4. Personal Care Products
8.5. Food & Beverages
8.6. Other End-Users
9. Geographical Analysis
9.1. Asia-Pacific (In Terms Of Revenue: $ Million & Volume: Kilotons)
9.1.1. Key Growth Enablers
9.1.2. Key Challenges
9.1.3. Key Players
9.1.4. Country Analysis
9.1.4.1. China
9.1.4.2. Japan
9.1.4.3. India
9.1.4.4. South Korea
9.1.4.5. Indonesia
9.1.4.6. Thailand
9.1.4.7. Vietnam
9.1.4.8. Australia & New Zealand
9.1.4.9. Rest Of Asia-Pacific
10. Competitive Landscape
10.1. Key Strategic Developments
10.1.1. Mergers & Acquisitions
10.1.2. Product Launches & Developments
10.1.3. Partnerships & Agreements
10.1.4. Business Expansions & Divestitures
10.2. Company Profiles
10.2.1. Basf Se
10.2.2. Cargill Incorporated
10.2.3. Cristalco
10.2.4. Dow Chemical Company
10.2.5. Eastman Chemical Company
10.2.6. Ecolab
10.2.7. Exxon Mobil Corporation
10.2.8. Green Plains Inc
10.2.9. Greenfield Asia-Pacific Inc
10.2.10. Linde Ag
10.2.11. Lyondellbasell Industries Nv
10.2.12. Mgp Ingredients Inc
10.2.13. Raízen Energia
10.2.14. Royal Ducth Shell
10.2.15. Sigma Aldrich Corporation
10.2.16. The Andersons Inc
List Of Tables
Table 1: Market Snapshot - Industrial Alcohols
Table 2: Asia-Pacific Industrial Alcohols Market, By Processing, Historical Years, 2016-2020 (In Kilotons)
Table 3: Asia-Pacific Industrial Alcohols Market, By Processing, Forecast Years, 2022-2028 (In Kilotons)
Table 4: Asia-Pacific Industrial Alcohols Market, By Processing, Historical Years, 2016-2020 (In $ Million)
Table 5: Asia-Pacific Industrial Alcohols Market, By Processing, Forecast Years, 2022-2028 (In $ Million)
Table 6: Asia-Pacific Industrial Alcohols Market, By Source, Historical Years, 2016-2020 (In Kilotons)
Table 7: Asia-Pacific Industrial Alcohols Market, By Source, Forecast Years, 2022-2028 (In Kilotons)
Table 8: Asia-Pacific Industrial Alcohols Market, By Source, Historical Years, 2016-2020 (In $ Million)
Table 9: Asia-Pacific Industrial Alcohols Market, By Source, Forecast Years, 2022-2028 (In $ Million)
Table 10: Asia-Pacific Industrial Alcohols Market, By Product Type, Historical Years, 2016-2020 (In Kilotons)
Table 11: Asia-Pacific Industrial Alcohols Market, By Product Type, Forecast Years, 2022-2028 (In Kilotons)
Table 12: Asia-Pacific Industrial Alcohols Market, By Product Type, Historical Years, 2016-2020 (In $ Million)
Table 13: Asia-Pacific Industrial Alcohols Market, By Product Type, Forecast Years, 2022-2028 (In $ Million)
Table 14: Asia-Pacific Industrial Alcohols Market, By End-User, Historical Years, 2016-2020 (In Kilotons)
Table 15: Asia-Pacific Industrial Alcohols Market, By End-User, Forecast Years, 2022-2028 (In Kilotons)
Table 16: Asia-Pacific Industrial Alcohols Market, By End-User, Historical Years, 2016-2020 (In $ Million)
Table 17: Asia-Pacific Industrial Alcohols Market, By End-User, Forecast Years, 2022-2028 (In $ Million)
Table 18: Worldwide Production Of Fuel Ethanol, 2014-2018 (In Million Gallons)
Table 19: Asia-Pacific Industrial Alcohols Market, By Country, Historical Years, 2016-2020 (In Kilotons)
Table 20: Asia-Pacific Industrial Alcohols Market, By Country, Forecast Years, 2022-2028 (In Kilotons)
Table 21: Asia-Pacific Industrial Alcohols Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 22: Asia-Pacific Industrial Alcohols Market, By Country, Forecast Years, 2022-2028 (In $ Million)
Table 23: List Of Mergers & Acquisitions
Table 24: List Of Product Launches & Developments
Table 25: List Of Partnerships & Agreements
Table 26: List Of Business Expansions & Divestitures
List Of Figures
Figure 1: Country-Wise Fuel Ethanol Production, 2019 (In Million Gallons)
Figure 2: Key Investment Insights
Figure 3: Porter's Five Forces Analysis
Figure 4: Opportunity Matrix
Figure 5: Vendor Landscape
Figure 6: Asia-Pacific Industrial Alcohols Market, Growth Potential, By Processing, In 2020
Figure 7: Asia-Pacific Industrial Alcohols Market, By Fermentation, 2022-2028 (In $ Million)
Figure 8: Asia-Pacific Industrial Alcohols Market, By Synthetic, 2022-2028 (In $ Million)
Figure 9: Asia-Pacific Industrial Alcohols Market, Growth Potential, By Source, In 2020
Figure 10: Asia-Pacific Industrial Alcohols Market, By Molasses, 2022-2028 (In $ Million)
Figure 11: Asia-Pacific Industrial Alcohols Market, By Sugarcane, 2022-2028 (In $ Million)
Figure 12: Asia-Pacific Industrial Alcohols Market, By Grains, 2022-2028 (In $ Million)
Figure 13: Asia-Pacific Industrial Alcohols Market, By Other Sources, 2022-2028 (In $ Million)
Figure 14: Asia-Pacific Industrial Alcohols Market, Growth Potential, By Product Type, In 2020
Figure 15: Asia-Pacific Industrial Alcohols Market, By Isopropyl Alcohol, 2022-2028 (In $ Million)
Figure 16: Asia-Pacific Industrial Alcohols Market, By Methyl Alcohol, 2022-2028 (In $ Million)
Figure 17: Asia-Pacific Industrial Alcohols Market, By Ethyl Alcohol, 2022-2028 (In $ Million)
Figure 18: Asia-Pacific Industrial Alcohols Market, By Isobutyl Alcohol, 2022-2028 (In $ Million)
Figure 19: Asia-Pacific Industrial Alcohols Market, By Benzyl Alcohol, 2022-2028 (In $ Million)
Figure 20: Asia-Pacific Industrial Alcohols Market, By Other Product Types, 2022-2028 (In $ Million)
Figure 21: Asia-Pacific Industrial Alcohols Market, Growth Potential, By End-User, In 2020
Figure 22: Asia-Pacific Industrial Alcohols Market, By Fuel, 2022-2028 (In $ Million)
Figure 23: Asia-Pacific Industrial Alcohols Market, By Chemical Intermediates & Solvent, 2022-2028 (In $ Million)
Figure 24: Asia-Pacific Industrial Alcohols Market, By Pharmaceuticals, 2022-2028 (In $ Million)
Figure 25: Asia-Pacific Industrial Alcohols Market, By Personal Care Products, 2022-2028 (In $ Million)
Figure 26: Asia-Pacific Industrial Alcohols Market, By Food & Beverages, 2022-2028 (In $ Million)
Figure 27: Asia-Pacific Industrial Alcohols Market, By Other End-Users, 2022-2028 (In $ Million)
Figure 28: Asia-Pacific Industrial Alcohols Market, Regional Outlook, 2020 & 2028 (In %)
Figure 29: China Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 30: Japan Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 31: India Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 32: South Korea Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 33: Indonesia Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 34: Thailand Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 35: Vietnam Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 36: Australia & New Zealand Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 37: Rest Of Asia-Pacific Industrial Alcohols Market, 2022-2028 (In $ Million)
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