Industrial Alcohol Market by Type (Ethyl, Methyl, Isopropyl, Isobutyl, Benzyl Alcohol), Source (Sugar & Molasses, Corn, Grains, Fossil Fuels), Application (Personal Care, Pharmaceutical, Fuel, Food, Chemical), and Region - Global Forecast to 2022

  • ID: 4074741
  • Report
  • Region: Global
  • 170 Pages
  • Markets and Markets
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The Industrial Alcohol Market is Projected to Grow at a CAGR of 9.8% from 2017, to Reach USD 180.83 Billion By 2022

FEATURED COMPANIES

  • Cargill
  • Cristalco
  • Flint Hills Resources
  • Green Plains Inc.
  • Mgp Ingredients
  • Raízen Energia
  • MORE

“The industrial alcohol market projected to grow at a CAGR of 9.8% during the forecast period”

The demand for industrial alcohol is projected to be on the rise, owing to factors such as the increase in demand for petrochemicals, commercialization of alternative fuels such as bioethanol and bio-butanol, and growth in several applications such as cosmetics, pharmaceuticals, and paints & coatings, due to their multi-functionality. Growth in consumer awareness regarding utilization of low carbon alternate fuels, coupled with governmental mandates for the blending of biofuels in gasoline and diesel in several countries, is fueling the increase in demand for industrial alcohol in the biofuel industry. The fluctuations in prices of raw materials are the major restraints for the industrial alcohol market.

“Fuel segment is projected to be the fastest-growing in the industrial alcohol market”

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

“Asia-Pacific is estimated to be the fastest-growing region in the market.”

In the global industrial alcohol market, Asia-Pacific is estimated to be the fastest-growing region, in terms of value and volume, between 2017 and 2022. This region comprises developing economies such as China, India, and Thailand whose market of industrial alcohol has been increasing annually over the last five years. It is also the largest producer of all types of industrial alcohol except ethyl alcohol.

The increasing adoption of alcohol in applications such as cosmetics, pharmaceuticals, chemical intermediates and solvents, rapid growth in demand for personal care products, availability of feedstocks such as sugar, natural gas, coal in countries such as India and China, clubbed with the increase in the number of production facilities is expected to drive the industrial alcohol market in the biofuel and chemical industries. The industrial alcohol market in India, in terms of volume, is projected to grow at the highest rate among the Asia-Pacific countries.

Break-up of primaries:

  • By Company Type: Tier 1 - 29 %, Tier 2 - 21%, and Tier 3 - 50%
  • By Designation: C level - 23%, Director level - 45%, and Others - 32%
  • By Region: North America - 19%, Europe - 17%, Asia-Pacific - 48%, and RoW - 16%

The global market for industrial alcohol is dominated by large players such as Green Plains Inc. (U.S.), Cargill (U.S.), MGP Ingredients (U.S.), Cristalco (France), The Andersons Inc. (U.S.), Sigma Aldrich (U.S.), Grain Processing Corporation (U.S.), Greenfield Specialty Alcohols (Canada), and Flint Hills Resources (U.S.).

Research Coverage:

The industrial alcohol market has been segmented on the basis of type, source, application, and region. In terms of insights, this research report has focused on various levels of analyses - industry analysis, market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the global industrial alcohol market, high-growth regions, countries, and their respective regulatory policies, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:

  • To get an overview of the global industrial alcohol market.
  • To get an overview of the key players of the industrial alcohol industry and key strategies adopted by key players to attain market presence.
  • To gain insights of the major regions in which the industrial alcohol market is growing.
  • To gain knowledge of the growth of various industrial alcohols.
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FEATURED COMPANIES

  • Cargill
  • Cristalco
  • Flint Hills Resources
  • Green Plains Inc.
  • Mgp Ingredients
  • Raízen Energia
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Periodization Considered
1.5 Currency Considered
1.6 Units Considered
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Macroindicators
2.2.1 Increase in Per Capita Disposable Income
2.2.2 Growth in Demand for Automotive Vehicles
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown & Data Triangulation
2.5 Research Assumptions & Limitations
2.5.1 Assumptions
2.5.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Industrial Alcohol Market
4.2 Industrial Alcohol Market Size, By Application
4.3 North America: Industrial Alcohol Market, By Type And By Country
4.4 Industrial Alcohol Market: Major Countries
4.5 Life Cycle Analysis, By Region

5 Market Overview
5.1 Introduction
5.2 Market Insights
5.3 Market Segmentation
5.3.1 By Type
5.3.2 By Source
5.3.3 By Application
5.3.4 By Product Functionality (Qualitative)
5.3.5 By Processing Method (Qualitative)
5.3.6 By Purity (Qualitative)
5.3.7 By Region
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Increase in Demand for Bioethanol
5.4.1.2 Increasing Use of Alcohol in a Wide Spectrum of Applications
5.4.2 Restraints
5.4.2.1 Fluctuating Prices of Raw Material
5.4.3 Opportunities
5.4.3.1 Emerging Markets: New Growth Frontiers
5.4.3.2 Advent of Greener Ethyl Alcohol Sources
5.4.4 Challenges
5.4.4.1 Approval from Various Regulatory Bodies
5.5 Trade Analysis
5.5.1 Export Data Analysis
5.5.2 Import Data Analysis

6 Industry Trends
6.1 Introduction
6.2 Value Chain
6.3 Supply Chain
6.3.1 Prominent Companies
6.3.2 Small & Medium Enterprises
6.3.3 End Users (Manufacturers/Consumers)
6.4 Regulatory Environment

7 Industrial Alcohol Market, By Type
7.1 Introduction
7.2 Ethyl Alcohol
7.3 Methyl Alcohol
7.4 Isopropyl Alcohol 65
7.5 Isobutyl Alcohol
7.6 Benzyl Alcohol
7.7 Other Types

8 Industrial Alcohol Market, By Source
8.1 Introduction
8.2 Sugar & Molasses
8.3 Corn
8.4 Grains (Excl. Corn)
8.5 Fossil Fuels
8.6 Other Sources

9 Industrial Alcohol Market, By Application
9.1 Introduction
9.2 Fuel
9.3 Chemical Intermediates & Solvent
9.4 Pharmaceuticals
9.5 Personal Care Products
9.6 Food Ingredients
9.7 Other Applications

10 Industrial Alcohol Market, By Purity
10.1 Introduction
10.2 Denatured Alcohol
10.3 Undenatured Alcohol

11 Industrial Alcohol Market, By Processing Method
11.1 Introduction
11.2 Fermentation Method
11.3 Synthetic Method

12 Industrial Alcohol Market, By Functionality
12.1 Introduction
12.2 Antimicrobial Activity
12.3 Fragrant/Flavoring Agents
12.4 Solubility
12.5 Antifreeze
12.6 Flammability & Volatility

13 Industrial Alcohol Market, By Region
13.1 Introduction
13.2 North America
13.2.1 U.S.
13.2.2 Canada
13.2.3 Mexico
13.3 Asia-Pacific
13.3.1 China
13.3.2 India
13.3.3 Thailand
13.3.4 Rest of Asia-Pacific
13.4 Europe
13.4.1 Germany
13.4.2 U.K.
13.4.3 France
13.4.4 Spain
13.4.5 Sweden
13.4.6 Poland
13.4.7 Rest of Europe
13.5 South America
13.5.1 Brazil
13.5.2 Rest of South America
13.6 Row
13.6.1 Middle East & Africa
13.6.2 Others in Row

14 Competitive Landscape
14.1 Overview
14.2 Competitive Situation & Trends
14.2.1 Expansions & Investments
14.2.2 Acquisitions
14.2.3 Agreement & Joint Ventures

15 Company Profiles
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments) -
15.1 Introduction
15.2 Cargill
15.3 Raízen Energia
15.4 Green Plains Inc.
15.5 Cristalco
15.6 Mgp Ingredients
15.7 the Andersons Inc.
15.8 Grain Processing Corporation
15.9 Greenfield Specialty Alcohols
15.10 Flint Hills Resources
15.11 Sigma Aldrich
  • Details On Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.
16 Appendix
16.1 Discussion Guide
16.2 Knowledge Store: Subscription Portal
16.3 Introducing Rt: Real-Time Market Intelligence
16.4 Available Customizations
16.5 Related Reports
16.6 Author Details

List of Tables:
Table 1 Legal Permissible Limit of Ethyl Alcohol Blends, By Country
Table 2 Industrial Alcohol Market Size, By Type, 2015-2022 (USD Million)
Table 3 Industrial Alcohol Market Size , By Type, 2015-2022 (Kt)
Table 4 Ethyl Alcohol Market Size, By Region, 2015-2022 (USD Million)
Table 5 Ethyl Alcohol Market Size, By Region, 2015-2022 (Kt)
Table 6 Methyl Alcohol Market Size, By Region, 2015-2022 (USD Million)
Table 7 Methyl Alcohol Market Size, By Region, 2015-2022 (Kt)
Table 8 Isopropyl Alcohol Market Size, By Region, 2015-2022 (USD Million)
Table 9 Isopropyl Alcohol Market Size, By Region, 2015-2022 (Kt)
Table 10 Isobutyl Alcohol Market Size, By Region, 2015-2022 (USD Million)
Table 11 Isobutyl Alcohol Market Size, By Region, 2015-2022 (Kt)
Table 12 Benzyl Alcohol Market Size, By Region, 2015-2022 (USD Million)
Table 13 Benzyl Alcohol Market Size, By Region, 2015-2022 (Kt)
Table 14 Other Types Market Size, By Region, 2015-2022 (USD Million)
Table 15 Other Types Market Size, By Region, 2015-2022 (Kt)
Table 16 Industrial Alcohol Market Size , By Source, 2015-2022 (USD Million)
Table 17 Industrial Alcohol Market Size, By Source, 2015-2022 (Kt)
Table 18 Sugar & Molasses Market Size, By Region, 2015-2022 (USD Million)
Table 19 Sugar & Molasses Market Size, By Region, 2015-2022 (Kt)
Table 20 Corn Market Size, By Region, 2015-2022 (USD Million)
Table 21 Corn Market Size, By Region, 2015-2022 (Kt)
Table 22 Grains Market Size, By Region, 2015-2022 (USD Million)
Table 23 Grains Market Size, By Region, 2015-2022 (Kt)
Table 24 Fossil Fuels Market Size, By Region, 2015-2022 (USD Million)
Table 25 Fossil Fuels Market Size, By Region, 2015-2022 (Kt)
Table 26 Other Sources Market Size, By Region, 2015-2022 (USD Million)
Table 27 Other Sources Market Size, By Region, 2015-2022 (Kt)
Table 28 Industrial Alcohol Market Size, By Application, 2015-2022 (USD Million)
Table 29 Industrial Alcohol Market Size, By Application, 2015-2022 (Kt)
Table 30 Industrial Alcohol Market Size in Fuel, By Region, 2015-2022 (Kt)
Table 31 Industrial Alcohol Market Size in Chemical Intermediates & Solvent, By Region, 2015-2022 (Kt)
Table 32 Industrial Alcohol Market Size in Pharmaceuticals, By Region, 2015-2022 (Kt)
Table 33 Industrial Alcohol Market Size in Personal Care Products, By Region, 2015-2022 (Kt)
Table 34 Industrial Alcohol Market Size in Food Ingredients, By Region, 2015-2022 (Kt) 91
Table 35 Industrial Alcohol Market Size in Other Applications, By Region, 2015-2022 (Kt)
Table 36 Industrial Alcohol Market Size, By Region, 2015-2022 (USD Million)
Table 37 Industrial Alcohol Market Size, By Region, 2015-2022 (Kt)
Table 38 North America: Industrial Alcohol Market Size, By Type, 2015-2022 (USD Million)
Table 39 North America: Industrial Alcohol Market Size, By Type, 2015-2022 (Kt)
Table 40 North America: Industrial Alcohol Market Size, By Application, 2015-2022 (Kt)
Table 41 North America: Industrial Alcohol Market Size, By Source, 2015-2022 (USD Million)
Table 42 North America: Industrial Alcohol Market Size, By Source, 2015-2022 (Kt)
Table 43 North America: Industrial Alcohol Market Size, By Country, 2015-2022 (Kt)
Table 44 Asia-Pacific: Industrial Alcohol Market Size, By Type, 2015-2022 (USD Million)
Table 45 Asia-Pacific: Industrial Alcohol Market Size, By Type, 2015-2022 (Kt)
Table 46 Asia-Pacific: Industrial Alcohol Market Size, By Application, 2015-2022 (Kt)
Table 47 Asia-Pacific: Industrial Alcohol Market Size, By Source, 2015-2022 (USD Million)
Table 48 Asia-Pacific: Industrial Alcohol Market Size, By Source, 2015-2022 (Kt)
Table 49 Asia-Pacific: Industrial Alcohol Market Size, By Country, 2015-2022 (Kt)
Table 50 Europe : Industrial Alcohol Market Size, By Type, 2015-2022 (USD Million)
Table 51 Europe: Industrial Alcohol Market Size, By Type, 2015-2022, (Kt)
Table 52 Europe: Industrial Alcohol Market Size, By Application, 2015-2022 (Kt)
Table 53 Europe: Industrial Alcohol Market Size, By Source, 2015-2022 (USD Million
Table 54 Europe: Industrial Alcohol Market Size, By Source, 2015-2022 (Kt)
Table 55 Europe: Industrial Alcohol Market Size, By Country, 2015-2022 (Kt)
Table 56 South America: Industrial Alcohol Market Size, By Type, 2015-2022 (USD Million)
Table 57 South America: Industrial Alcohol Market Size, By Type, 2015-2022 (Kt)
Table 58 South America: Industrial Alcohol Market Size, By Application, 2015-2022 (Kt)
Table 59 South America: Industrial Alcohol Market Size, By Source, 2015-2022 (USD Million)
Table 60 South America: Industrial Alcohol Market Size, By Source, 2015-2022 (Kt)
Table 61 South America: Industrial Alcohol Market Size, By Country, 2015-2022 (Kt)
Table 62 Row: Industrial Alcohol Market, By Type, 2015-2022 (USD Million)
Table 63 Row: Industrial Alcohol Market, By Type, 2015-2022, (Kt)
Table 64 Row: Industrial Alcohol Market, By Application, 2015-2022 (Kt)
Table 65 Row: Industrial Alcohol Market, By Source, 2015-2022 (USD Million)
Table 66 Row: Industrial Alcohol Market, By Source, 2015-2022 (Kt)
Table 67 Row: Industrial Alcohol Market Size, By Country, 2015-2022 (Kt)
Table 68 Global Industrial Alcohol Manufacturing Company Rankings, 2016
Table 69 Expansions & Investments, 2012-2017
Table 70 Acquisitions, 2016-2012
Table 71 Agreements & Joint Ventures, 2012-2016

List of Figures:
Figure 1 Industrial Alcohol Market Segmentation
Figure 2 Industrial Alcohol Market: Research Design
Figure 3 Breakdown of Primaries, By Company Type, Designation, And Region
Figure 4 Increase in Global Per Capita Disposable Income, 2010-2014
Figure 5 Gradual Increase in the Sales of Light Vehicles in the U.S.,2006-2016
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
Figure 8 Data Triangulation & Methodology
Figure 9 Assumptions of the Research Study
Figure 10 Limitations of the Research Study
Figure 11 Increased Demand for Fuel to Drive the Market for Industrial Alcohol in 2017
Figure 12 Increased Demand for Ethyl Alcohol to Drive the Market for Industrial Alcohol in 2017
Figure 13 Asia-Pacific Market to Grow at the Highest Rate for Industrial Alcohol Through 2022
Figure 14 North America Dominated the Industrial Alcohol Market in 2016
Figure 15 Expansion & Investments And Acquisitions: the Key Strategies, 2012-2017
Figure 16 Industrial Alcohol Market Size 2017 Vs. 2022 (USD Billion)
Figure 17 Fuel Segment to Continue Dominating the Industrial Alcohol Market Through 2022
Figure 18 Ethyl Alcohol Accounted for the Largest Share in the North American Industrial Alcohol Market in 2016
Figure 19 Industrial Alcohol Market Growth Rate, By Country, 2017-2022
Figure 20 Industrial Alcohol Market Size, By Top Countries, 2017 Vs. 2022 (Million Tons)
Figure 21 Industrial Alcohol Market in the Asia-Pacific Region is Experiencing High Growth
Figure 22 Industrial Alcohol Market, By Type
Figure 23 Industrial Alcohol Market, By Source
Figure 24 Industrial Alcohol Market, By Application
Figure 25 Industrial Alcohol Market, By Product Functionality
Figure 26 Industrial Alcohol Market, By Processing Method
Figure 27 Industrial Alcohol Market, By Purity
Figure 28 Industrial Alcohol Market, By Region
Figure 29 Industrial Alcohol Market: Drivers, Restraints, Opportunities, And Challenges
Figure 30 Bioethanol to Be Dominant in the Biofuels Market (2015-2022)
Figure 31 Monthly Price Trend for Corn (2014-2016), USD/Ton
Figure 32 Monthly Price Trend for Wheat (2014-2016), USD/Ton
Figure 33 Industrial Alcohol Market Export Analysis (2015): U.S. is the Major Exporter of Ethyl Alcohol
Figure 34 Industrial Alcohol Market Import Analysis (2015): Germany is the Major Importer of Ethyl Alcohol
Figure 35 Value Chain Analysis of the Industrial Alcohol Market (2017): a Major Contribution is Witnessed from Processing
Figure 36 Supply Chain: Industrial Alcohol Market
Figure 37 Methyl Alcohol Segment is Projected to Dominate the Market, in Terms of Volume, Through 2022
Figure 38 Corn Segment to Dominate the Market Through 2022
Figure 39 Sugar & Molasses Market Size, By Region, 2017 Vs. 2022 (USD Million)
Figure 40 Corn Market Size, By Region, 2017 Vs. 2022 (USD Million)
Figure 41 Grains Market Size, By Region, 2017 Vs. 2022 (USD Million)
Figure 42 Fossil Fuels Market Size, By Region, 2017 Vs. 2022 (USD Million)
Figure 43 Other Sources Market Size, By Region, 2017 Vs. 2022 (USD Million)
Figure 44 Fuel Segment is Projected to Account for the Largest Share Among All Applications of Industrial Alcohol Through 2022 (USD Million)
Figure 45 Fuel Market Size, By Region, 2017 Vs. 2022 (Kt)
Figure 46 Chemical Intermediates & Solvent Market Size, By Region, 2017 Vs. 2022 (Kt)
Figure 47 Pharmaceuticals Market Size, By Region, 2017 Vs. 2022 (Kt)
Figure 48 Personal Care Products Market Size, By Region, 2017 Vs. 2022 (Kt)
Figure 49 Food Ingredients Market Size, By Region, 2017 Vs. 2022 (Kt)
Figure 50 Industrial Alcohol Market Size in Other Applications, By Region, 2017 Vs. 2022 (Kt)
Figure 51 North American Industrial Alcohol Market Snapshot
Figure 52 Asia-Pacific Industrial Alcohol Market Snapshot
Figure 53 Companies Preferred Strategies Such As Expansions & Investments, Agreements & Joint Ventures, And Acquisitions Over the Last Five Years
Figure 54 Expansions Fueled Growth & Widened the Geographic Presence
Figure 55 Expansions & Investments: the Key Strategies, 2012—2016
Figure 56 Cargill: Company Snapshot
Figure 57 Cargill: Swot Analysis
Figure 58 Raizen Group: Company Snapshot
Figure 59 Raizen Energia: Swot Analysis
Figure 60 Green Plains Inc: Company Snapshot
Figure 61 Green Plains Inc: Swot Analysis
Figure 62 Cristalco: Swot Analysis
Figure 63 Mgp Ingredients: Company Snapshot
Figure 64 Mgp Ingredients: Swot Analysis
Figure 65 the Andersons Inc: Company Snapshot
Figure 66 Sigma Aldrich: Company Snapshot
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Cargill
  • Cristalco
  • Flint Hills Resources
  • Green Plains Inc.
  • Mgp Ingredients
  • Raízen Energia
  • MORE

The industrial alcohol market is projected to grow at a CAGR of 9.8%, in terms of value, from 2017 to reach a projected value of USD 180.83 Billion by 2022. The multifunctional nature of industrial alcohol, and increase in demand for biofuel are the main factors driving the industrial alcohol market. Increase in awareness with regard to the environment deterioration among the global population also fuels the demand for industrial alcohol.

The industrial alcohol market, on the basis of type, has been segmented into ethyl alcohol, methyl alcohol, isopropyl alcohol, isobutyl alcohol, benzyl alcohol, and others. The ethyl alcohol segment has emerged as the most widely used industrial alcohol owing to their multifunctional properties and their vast application in the energy sector as biofuel.

Based on source, the market is segmented into sugar & molasses, corn, grains (excluding corn), fossil fuels, and others. Corn is estimated to account for the largest market share in 2017. The global demand for industrial alcohol from fossil fuels is seen to witness an exponential increase. Since ethyl alcohol is the largest produced industrial alcohol, and U.S. is the main producer of ethyl alcohol from corn, corn is estimated to account for the largest share, among all other sources.

The industrial alcohol market has been segmented on the basis of application into fuel, chemical intermediates & solvents, pharmaceuticals, personal care products, food ingredients (excluding beverages), and others. Industrial alcohol has been gaining importance in the fuel segment with an increase in demand for biofuels and development of flex cars to boost the use of biofuels, for a safe environment.

North America is estimated to be the largest share in terms of value, in the global industrial alcohol market, in 2017. Positive knowledge of segments create a platform for innovative applications of industrial alcohol, and tapping the emerging markets in China, India, and Thailand leads to growth opportunities in Asia-Pacific.

The fluctuating supply of raw materials, which in turn affects the price of raw materials, restrains the market for industrial alcohol.

The leading players that dominated the industrial alcohol market include Cargill (U.S.), Raizen Energia (Brazil), Green Plains Inc. (U.S.), Cristalco (France), and MGP Ingredients (U.S.).

The key players have been exploring the market in new regions by adopting acquisitions, expansions, investments, and joint ventures as their preferred strategies. Key players have been investing in intensive R&D activities and also adopting expansions and acquisitions as a mode to enhance their production capacities, thus increasing the demand for industrial alcohol.

Note: Product cover images may vary from those shown
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  • Cargill
  • Cristalco
  • Flint Hills Resources
  • Grain Processing Corporation
  • Green Plains Inc.
  • Greenfield Specialty Alcohols
  • Mgp Ingredients
  • Raízen Energia
  • Sigma Aldrich
  • the Andersons Inc.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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