Ethyl Alcohol Market - Forecast(2024 - 2030)

Report Code: CMR 63699 Report Format: PDF + Excel


Ethyl Alcohol Market size is forecast to reach the market size of $24 billion by 2025, after growing at a CAGR of 6.03% during 2020-2025. Increasing demand for ethanol as a biofuel, expanded use in the manufacture and storage of alcohol and strict government regulations to limit the use of fossil fuels. On the flip side, a rise in understanding of alcohol consumption's ill effects and the introduction of hybrid electric cars is expected to hamper the growth of ethyl alcohol industry. 

Fractional distillation is a method of separating a liquid from a two- or more-liquid mixture. Liquid ethanol, for example, maybe separated by fractional distillation from a mixture of ethanol and water. Fractional freezing was introduced to separate a mixture that in this case contains a volatile organic compound; ethanol and water. By using freezing process, the mixture was separated, since both ethanol and water have different freezing points.

Report Coverage

The report: “Ethyl Alcohol Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Ethyl Alcohol Industry.

Key Takeaways

  • In 2018, the fuel category dominated the market and is likely to grow over the forecast period as a result of increased ethanol mixing practice with gasoline worldwide.
  • Over the forecast period, the rising demand for ethanol from maize and sugar is expected to provide prospects for the industry being studied.
  • Due to increasing restrictions and rising demand for the food processing sector, North America dominated the market worldwide.
  • According to a fuel consumption analysis in São Paulo, Brazil, operating vehicles on ethanol rather than petrol will raise ground level ozone pollution.

By Grade - Segment Analysis

Several grades ethanol are commonly used in specific industrial applications and vary in the amount of impurities present. Commercial goods are used to color food products, alcoholic or non-alcoholic drinks, cosmetics and personal care, pharmaceuticals, printing inks, organic additives, and paints and coatings. The other segment includes ethanol fuel-grade, which is largest grade around the globe. Continuous technological developments, the involvement of major market actors, and stringent regulations on greenhouse gas emissions push substantial usage of fuel-grade material, which have become the growth opportunity for ethyl alcohol industry.

By Application - Segment Analysis

Market segmentation of applications covers shipping, textiles, food safety, climate, connectivity, accommodation, leisure, health & hygiene, bio-medical, farming and others. Big demand comes from the requirement of transportation. The demand is classified into maize starch, sugarcane, rapeseed, corn, rice and soy bean centered on the origin. At a dominant level, North America uses maize starch and South America uses sugar cane as feedstock. The ethanol market in Europe is based on rapeseed crops.

Geography - Segment Analysis

During the forecast period, North America is expected to dominate the ethyl alcohol market with a share of 41% due to growth in ethyl alcohol production, increased imports of ethyl alcohol through countries such as the U.S., Canada, and Mexico. Asia Pacific, however, is projected to emerge as the fastest growing area on the ethyl alcohol market during the forecast period due to increased customer disposable income, increased demand for ethyl alcohol to be used as a gas, broad-scale acceptance of ethyl alcohol across the region's numerous end-user industries, and so on.

Drivers – Ethyl Alcohol Market

·         Fuel Segment to Dominate the Market Demand.

Due to its renewable source and eco-friendliness with lower emissions, ethanol is gaining support for use as a gas. Ethanol has a higher number of octane than oil, having superior blending properties. To reach the regular 87 octane, low-octane fuel is blended with 10 percent ethanol. Similar with gasoline engines, the output of carbon monoxide from ethanol fuel is significantly lower. Moreover, refiners have been introducing ethanol to gasoline for the past several years, as it burns better than natural oil, helping to reduce the carbon footprint. The use of ethanol as a fuel also helps to reduce the dependence on oil. Therefore, all such market trends in the forecast period are likely to drive demand for ethanol for fuel usage.

Challenges – Ethyl Alcohol Market

·         Biomass Ethanol Production Faces Challenges.

From a production point of view, the processing of biomass ethanol is more efficient if concurrently using a variety of biomass sources. Choosing not to use a combination of products limits production's economic viability. Capturing this benefit, however, complicates the choice of location and procurement strategy for a commercial plant. Many corn-based ethanol supporters argue that there are complementarities to be achieved by co-locating a plant which produces corn grain ethanol and a plant which produces biomass ethanol. Technological and economic difficulties are met with the development of biomass and cellulosic ethanol. The performance has risen much slower than expected to date. Biomass ethanol was initially seen as an alternative to corn ethanol that was more socially desirable. Though biomass ethanol has several advantages over maize ethanol, it does not in any way overpower maize ethanol.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Ethyl Alcohol market. In 2019, the market of Ethyl Alcohol has been consolidated by the top five players accounting for xx% of the market share. Ethyl Alcohol top 10 companies are Archer Daniels Midland Company, POET, Valero, Green Plains Inc., and Flint Hills Resources LP, among others.
1. Ethyl Alcohol Market - Overview
        1.1 Definitions and Scope
2. Ethyl Alcohol Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Ethyl Alcohol Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Ethyl Alcohol Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Ethyl Alcohol Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Ethyl Alcohol Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Ethyl Alcohol Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Ethyl Alcohol Market - By Grade (Market Size -$Million / $Billion)
        8.1 Food Grade
        8.2 Industrial Grade
        8.3 Pharmaceutical Grade
        8.4 Lab Grade
        8.5 Others
9. Ethyl Alcohol Market - By Purity (Market Size -$Million / $Billion)
        9.1 Undenatured Ethanol
        9.2 Denaturated Ethanol
10. Ethyl Alcohol - By Application (Market Size -$Million / $Billion)
        10.1 Industrial Solvent
        10.2 Fuel/Fuel Additive
        10.3 Bacteriacide/Disinfectant
        10.4 Beverages
        10.5 Personalcare Products
        10.6 Others
11. Ethyl Alcohol- By Geography (Market Size -$Million / $Billion)
        11.1 Ethyl Alcohol Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
         Rest of North America
        11.3 Ethyl Alcohol- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
         Costa Rica
         Rest of South America
        11.5 Ethyl Alcohol- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
         Rest of Europe
        11.7 Ethyl Alcohol - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
         South Korea
         Hong kong
         Rest of APAC
        11.9 Ethyl Alcohol - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
         Saudi Arabia
            11.10.6 Africa Segment Analysis
         South Africa
         Rest of Middle East & Africa
12. Ethyl Alcohol Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Ethyl Alcohol Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Ethyl Alcohol Market - Key Company List by Country Premium
15. Ethyl Alcohol Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Abengoa Bioenergy
        15.3 Advanced Bioenergy Llc
        15.4 Anderson Ethanol Group
        15.5 Archer Daniel Midland Company
        15.6 Aventine Renewable Energy
        15.7 Braskem
        15.8 British Petroleum
        15.9 Butamax Advanced Biofuels, Llc
        15.10 Cargill Corporation
        15.11 Flint Hill Resource Lp
        15.12 Green Plains, Inc
        15.13 Ineos
        15.14 Kirin Holding Company
        15.15 Lyondellbasell Industry Nv
        15.16 Mitsubishi Chemical Corporation
        15.17 Pacific Ethanol, Inc
        15.18 Sabic
        15.19 Sasol Limited
        15.20 Sigma-Aldrich
        15.21 Solvay Group
        15.22 The Anderson Ethanol Group
        15.23 Valero
        15.24 Company 23
        15.25 Company 24 & More
*Financials would be provided on a best efforts basis for private companies
16. Ethyl Alcohol Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Ethyl Alcohol Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends