KEY FINDINGS
The global industrial alcohols market is set to project a CAGR of 9.88% in terms of volume and 8.23% in terms of revenue during the forecast period, 2022-2028. The increasing demand for ethanol, the vast utilization of alcohols in multiple end-user applications, and the rising adoption of biofuels as a petroleum alternative, contribute to market growth.
MARKET INSIGHTS
Industrial alcohols find applications in solvents, cleaning, and sanitizing. It is also utilized in the manufacture of multiple medicines, cosmetics, flavorings, and food products. It is used as a reagent and solvent, and sold and manufactured in applications like the energy sector, personal care, chemical, and pharmaceutical industries.
Bioethanol is used as a biofuel for transportation to minimize the GHG (greenhouse gases) effects. The high gasoline and petroleum costs, promoting domestic rural economies, and global climate change concerns, have considerably increased biofuels' adoption as an alternative to petroleum. They are renewable energy sources, supplementing the market demand for fuel. This further reduces the pollution levels. Biofuel reduces crude oil dependency, which aids market growth. This is because there is a growing utilization of ethanol and rapid demand for energy. Such factors are estimated to propel market growth. However, the increasing prices of raw materials hinder the market growth.
REGIONAL INSIGHTS
The global industrial alcohols market is geographically segmented into North America, Europe, Asia-Pacific, and rest of world. The growing environmental concerns and strict government guidelines are estimated to make North America the dominant region in terms of market share by 2028.
COMPETITIVE INSIGHTS
The high level of competition is leading to industry consolidation. One of the factors increasing the competition in the market is the strategically diverse nature of competitors. Some of the leading companies in the market are Cristalco, Exxon Mobil Corporation, Dow Chemical Company, BASF SE, Cargill Incorporated, 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
Global 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 (In Terms Of Revenue: $ Million & Volume: Kilotons)
9.1. North America
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. United States
9.1.4.2. Canada
9.2. Europe
9.2.1. Key Growth Enablers
9.2.2. Key Challenges
9.2.3. Key Players
9.2.4. Country Analysis
9.2.4.1. United Kingdom
9.2.4.2. Germany
9.2.4.3. France
9.2.4.4. Italy
9.2.4.5. Russia
9.2.4.6. Belgium
9.2.4.7. Poland
9.2.4.8. Rest Of Europe
9.3. Asia-Pacific
9.3.1. Key Growth Enablers
9.3.2. Key Challenges
9.3.3. Key Players
9.3.4. Country Analysis
9.3.4.1. China
9.3.4.2. Japan
9.3.4.3. India
9.3.4.4. South Korea
9.3.4.5. Indonesia
9.3.4.6. Thailand
9.3.4.7. Vietnam
9.3.4.8. Australia & New Zealand
9.3.4.9. Rest Of Asia-Pacific
9.4. Rest Of World
9.4.1. Key Growth Enablers
9.4.2. Key Challenges
9.4.3. Key Players
9.4.4. Regional Analysis
9.4.4.1. Brazil
9.4.4.2. Rest Of Latin America
9.4.4.3. Middle East & Africa
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 Global 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: Global Industrial Alcohols Market, By Processing, Historical Years, 2016-2020 (In Kilotons)
Table 3: Global Industrial Alcohols Market, By Processing, Forecast Years, 2022-2028 (In Kilotons)
Table 4: Global Industrial Alcohols Market, By Processing, Historical Years, 2016-2020 (In $ Million)
Table 5: Global Industrial Alcohols Market, By Processing, Forecast Years, 2022-2028 (In $ Million)
Table 6: Global Fermentation Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 7: Global Fermentation Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 8: Global Synthetic Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 9: Global Synthetic Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 10: Global Industrial Alcohols Market, By Source, Historical Years, 2016-2020 (In Kilotons)
Table 11: Global Industrial Alcohols Market, By Source, Forecast Years, 2022-2028 (In Kilotons)
Table 12: Global Industrial Alcohols Market, By Source, Historical Years, 2016-2020 (In $ Million)
Table 13: Global Industrial Alcohols Market, By Source, Forecast Years, 2022-2028 (In $ Million)
Table 14: Global Molasses Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 15: Global Molasses Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 16: Global Sugarcane Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 17: Global Sugarcane Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 18: Global Grains Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 19: Global Grains Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 20: Global Other Sources Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 21: Global Other Sources Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 22: Global Industrial Alcohols Market, By Product Type, Historical Years, 2016-2020 (In Kilotons)
Table 23: Global Industrial Alcohols Market, By Product Type, Forecast Years, 2022-2028 (In Kilotons)
Table 24: Global Industrial Alcohols Market, By Product Type, Historical Years, 2016-2020 (In $ Million)
Table 25: Global Industrial Alcohols Market, By Product Type, Forecast Years, 2022-2028 (In $ Million)
Table 26: Global Isopropyl Alcohol Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 27: Global Isopropyl Alcohol Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 28: Global Methyl Alcohol Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 29: Global Methyl Alcohol Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 30: Global Ethyl Alcohol Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 31: Global Ethyl Alcohol Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 32: Global Isobutyl Alcohol Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 33: Global Isobutyl Alcohol Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 34: Global Benzyl Alcohol Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 35: Global Benzyl Alcohol Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 36: Global Other Product Types Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 37: Global Other Product Types Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 38: Global Industrial Alcohols Market, By End-User, Historical Years, 2016-2020 (In Kilotons)
Table 39: Global Industrial Alcohols Market, By End-User, Forecast Years, 2022-2028 (In Kilotons)
Table 40: Global Industrial Alcohols Market, By End-User, Historical Years, 2016-2020 (In $ Million)
Table 41: Global Industrial Alcohols Market, By End-User, Forecast Years, 2022-2028 (In $ Million)
Table 42: Worldwide Production Of Fuel Ethanol, 2014-2018 (In Million Gallons)
Table 43: Global Fuel Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 44: Global Fuel Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 45: Global Chemical Intermediates & Solvent Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 46: Global Chemical Intermediates & Solvent Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 47: Global Pharmaceuticals Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 48: Global Pharmaceuticals Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 49: Global Personal Care Products Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 50: Global Personal Care Products Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 51: Global Food & Beverages Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 52: Global Food & Beverages Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 53: Global Other End-Users Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 54: Global Other End-Users Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 55: Global Industrial Alcohols Market, By Geography, Historical Years, 2016-2020 (In Kilotons)
Table 56: Global Industrial Alcohols Market, By Geography, Forecast Years, 2022-2028 (In Kilotons)
Table 57: Global Industrial Alcohols Market, By Geography, Historical Years, 2016-2020 (In $ Million)
Table 58: Global Industrial Alcohols Market, By Geography, Forecast Years, 2022-2028 (In $ Million)
Table 59: North America Industrial Alcohols Market, By Country, Historical Years, 2016-2020 (In Kilotons)
Table 60: North America Industrial Alcohols Market, By Country, Forecast Years, 2022-2028 (In Kilotons)
Table 61: North America Industrial Alcohols Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 62: North America Industrial Alcohols Market, By Country, Forecast Years, 2022-2028 (In $ Million)
Table 63: Europe Industrial Alcohols Market, By Country, Historical Years, 2016-2020 (In Kilotons)
Table 64: Europe Industrial Alcohols Market, By Country, Forecast Years, 2022-2028 (In Kilotons)
Table 65: Europe Industrial Alcohols Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 66: Europe Industrial Alcohols Market, By Country, Forecast Years, 2022-2028 (In $ Million)
Table 67: Asia-Pacific Industrial Alcohols Market, By Country, Historical Years, 2016-2020 (In Kilotons)
Table 68: Asia-Pacific Industrial Alcohols Market, By Country, Forecast Years, 2022-2028 (In Kilotons)
Table 69: Asia-Pacific Industrial Alcohols Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 70: Asia-Pacific Industrial Alcohols Market, By Country, Forecast Years, 2022-2028 (In $ Million)
Table 71: Rest Of World Market, By Region, Historical Years, 2016-2020 (In Kilotons)
Table 72: Rest Of World Market, By Region, Forecast Years, 2022-2028 (In Kilotons)
Table 73: Rest Of World Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 74: Rest Of World Market, By Region, Forecast Years, 2022-2028 (In $ Million)
Table 75: List Of Mergers & Acquisitions
Table 76: List Of Product Launches & Developments
Table 77: List Of Partnerships & Agreements
Table 78: 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: Global Industrial Alcohols Market, Growth Potential, By Processing, In 2020
Figure 7: Global Industrial Alcohols Market, By Fermentation, 2022-2028 (In $ Million)
Figure 8: Global Industrial Alcohols Market, By Synthetic, 2022-2028 (In $ Million)
Figure 9: Global Industrial Alcohols Market, Growth Potential, By Source, In 2020
Figure 10: Global Industrial Alcohols Market, By Molasses, 2022-2028 (In $ Million)
Figure 11: Global Industrial Alcohols Market, By Sugarcane, 2022-2028 (In $ Million)
Figure 12: Global Industrial Alcohols Market, By Grains, 2022-2028 (In $ Million)
Figure 13: Global Industrial Alcohols Market, By Other Sources, 2022-2028 (In $ Million)
Figure 14: Global Industrial Alcohols Market, Growth Potential, By Product Type, In 2020
Figure 15: Global Industrial Alcohols Market, By Isopropyl Alcohol, 2022-2028 (In $ Million)
Figure 16: Global Industrial Alcohols Market, By Methyl Alcohol, 2022-2028 (In $ Million)
Figure 17: Global Industrial Alcohols Market, By Ethyl Alcohol, 2022-2028 (In $ Million)
Figure 18: Global Industrial Alcohols Market, By Isobutyl Alcohol, 2022-2028 (In $ Million)
Figure 19: Global Industrial Alcohols Market, By Benzyl Alcohol, 2022-2028 (In $ Million)
Figure 20: Global Industrial Alcohols Market, By Other Product Types, 2022-2028 (In $ Million)
Figure 21: Global Industrial Alcohols Market, Growth Potential, By End-User, In 2020
Figure 22: Global Industrial Alcohols Market, By Fuel, 2022-2028 (In $ Million)
Figure 23: Global Industrial Alcohols Market, By Chemical Intermediates & Solvent, 2022-2028 (In $ Million)
Figure 24: Global Industrial Alcohols Market, By Pharmaceuticals, 2022-2028 (In $ Million)
Figure 25: Global Industrial Alcohols Market, By Personal Care Products, 2022-2028 (In $ Million)
Figure 26: Global Industrial Alcohols Market, By Food & Beverages, 2022-2028 (In $ Million)
Figure 27: Global Industrial Alcohols Market, By Other End-Users, 2022-2028 (In $ Million)
Figure 28: North America Industrial Alcohols Market, Regional Outlook, 2020 & 2028 (In %)
Figure 29: United States Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 30: Canada Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 31: Europe Industrial Alcohols Market, Regional Outlook, 2020 & 2028 (In %)
Figure 32: United Kingdom Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 33: Germany Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 34: France Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 35: Italy Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 36: Russia Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 37: Belgium Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 38: Poland Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 39: Rest Of Europe Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 40: Asia-Pacific Industrial Alcohols Market, Regional Outlook, 2020 & 2028 (In %)
Figure 41: China Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 42: Japan Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 43: India Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 44: South Korea Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 45: Indonesia Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 46: Thailand Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 47: Vietnam Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 48: Australia & New Zealand Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 49: Rest Of Asia-Pacific Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 50: Rest Of World Industrial Alcohols Market, Regional Outlook, 2020 & 2028 (In %)
Figure 51: Brazil Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 52: Rest Of Latin America Industrial Alcohols Market, 2022-2028 (In $ Million)
Figure 53: Middle East & Africa Industrial Alcohols Market, 2022-2028 (In $ Million)
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