Global Industrial Alcohol Market is expected to reach USD 180.95 Billion by 2028 growing at a CAGR of over 10%. The increasing need for fuel-grade ethanol, rising demand for ethanol, and rising demand for alternate fuels drive the Industrial Alcohol Market. Based on type, the market has been segmented into Ethyl Alcohol, Isobutyl Alcohol, Methyl Alcohol, Isopropyl Alcohol, Benzyl Alcohol, and Others. In 2022, ethyl alcohol dominates the market due to its multifunctional properties and applications and is expected to maintain its dominance over the next five years as well. In regions, North America dominated the market in 2022 due to growing technological advancements and growing innovations. Moreover, due to emerging markets like India, China, etc. where the growth opportunities are very vast, the APAC region is expected to dominate the market during the forecast period. The top players in the industrial alcohol market include Cargill, Green Plains Inc., Raizen Energia, MGP Ingredients, and Cristalco.
Some of the leading players in the Global Industrial Alcohol market
- Raízen Energia
- Green Plains Inc
- Cristalco
- MGP Ingredients
- Cargill
- Flint Hills Resources
- Grain Processing Corporation
- Sigma Aldrich
- The Andersons Inc.
- Greenfield Specialty Alcohols, etc.
The objective of the Study:
- To analyze and forecast the market size of Industrial Alcohol, in terms of value and volume.
- To classify and forecast Global Industrial Alcohol based on type, source, processing method, purity, application, and regional distribution.
- To identify drivers and challenges for Global Industrial Alcohol.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Industrial Alcohol.
- To conduct the pricing analysis for Industrial Alcohol.
- To identify and analyze the profile of leading players involved in the manufacturing of Global Industrial Alcohol.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels, and presence of all major collaboration manufacturers across the globe.
TechSci Research calculated the market size of Global Industrial Alcohol using a bottom-up approach, where data for various end-user industries and its application across various product types were recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also used by TechSci Research.
Key Target Audience:
- Global Industrial Alcohol Manufacturers
- Raw material manufacturers, suppliers, processors, and grain distillers
- Biofuel manufacturers
- Dealers/Distributors
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is helpful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details | |
| Base Year | 2022 | |
| Historical Data | 2018 – 2021 | |
| Estimated Year | 2023 | |
| Forecast Period | 2024 – 2028 | |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F | |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends | |
| Segments covered | · Type· Source· Processing Method· Purity· Application | |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa | |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore, Malaysia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Qatar, Brazil, Argentina, Colombia | |
| Key companies profiled | Raízen Energia, Green Plains Inc, Cristalco, MGP Ingredients, Cargill, Flint Hills Resources, Grain Processing Corporation, Sigma Aldrich, The Andersons Inc., Greenfield Specialty Alcohols. | |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. | |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options | |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) | |
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Report Scope:
In this report, the global industrial alcohol market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Industrial Alcohol Market, By Type:
- Ethyl Alcohol
- Isobutyl Alcohol
- Methyl Alcohol
- Isopropyl Alcohol
- Benzyl Alcohol
- Others
- Global Industrial Alcohol Market, By Source:
- Corn
- Grains
- Sugar & Molasses
- Fossil Fuels
- Others
- Global Industrial Alcohol Market, By Processing Method:
- Fermentation Method
- Synthetic Method
- Global Industrial Alcohol Market, By Purity:
- Denatured Alcohol
- Undenatured Alcohol
- Global Industrial Alcohol Market, By Application:
- Pharmaceuticals
- Personal Care Products
- Fuel
- Chemical Intermediates & Solvent
- Food Ingredients
- Others
- Global Industrial Alcohol Market, by Region:
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Europe & CIS
- France
- Germany
- United Kingdom
- Italy
- Spain
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Qatar
- Asia Pacific
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Industrial Alcohol.