Global Industrial Alcohol Market

Global Industrial Alcohol Market is on the rise owing to mounting utilization of
alcohol as a sanitizer for cleaning
Market Overview:
The Global industrial Alcohol market is worth USD 85.6 billion in 2018 and estimated to develop
at a CAGR of 9.8%, to reach USD 136.61 billion by 2023. The alcohol industry is the economic
enterprise worried about the manufacturing, distribution, and sale of alcoholic drinks. Alcohol
used in industries is denatured alcohol this is normally ethyl alcohol. This denatured alcohol is
of 2 sorts: kind A (absolutely denatured alcohol) and type B (particularly denatured alcohol).
Moreover, ethanol, being the majorly produced and consumed alcohol, is extensively
implemented as a biofuels globally. Those fuels are produced by fermentation of sugars derived
from wheat, corn, sugar beets, sugar cane, and molasses.
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Growing demand for organic solvents is propelling the market growth
Factors affecting market growth:
Get
•
Used in exclusive products like cosmetics (+)
•
Increased usage of alcohols as a strength source (+)
•
Growing demand of organic solvents (+)
•
Rising demand for biofuels (+)
•
Used for synthesizing of other chemical substances (+)
•
Mounting environmental concerns (-)
•
Strict government guidelines (-)
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Market Segmentation
The Global industrial Alcohol market is segmented on the basis of
Source
•
Introduction
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Sugar & Molasses
•
Corn
•
Grains (Excl. Corn)
•
Fossil Fuels
•
Other Sources
Type
•
Introduction
•
Ethyl Alcohol
•
Methyl Alcohol
•
IsopropylAlcohol
•
IsobutylAlcohol
•
BenzylAlcohol
•
Other Types
Application
•
Introduction
•
Fuel
•
Chemical Intermediates & Solvent
•
Pharmaceuticals
•
Personal Care Products
•
Food Ingredients
•
Other Applications
Purity
•
Introduction
•
DenaturedAlcohol
•
Undenatured Alcohol
Functionality
•
Introduction
•
Antimicrobial Activity
•
Fragrant/Flavoring Agents
Ethyl alcohol is the most important used business alcohol among a lot of these and is utilized in
greater applications than every other kind of industrial alcohol.
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Key players:
The dominating companies of the market include MGP Ingredients (U.S.), The Andersons Inc.
(U.S.), Sigma Aldrich (U.S.), Grain Processing Corporation (U.S.), Cargill (U.S.), Raizen Energia
(Brazil), Green Plains Inc. (U.S.), Cristalco (France), Greenfield Specialty Alcohols (Canada), and
Flint Hills Resources (U.S.).
Contact Info:
Name: Mr. Abhishek Shukla
Email: [email protected]
Organization: MarketDataForecast™
Address: 2nd Floor, Above ICICI Bank,B-44, Rd Number 3, Journalist Colony, Film
Nagar, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626

Industrial Alcohol Market By Type (Ethyl, Methyl, Isopropyl, Isobutyl, Benzyl Alcohol), By Source (Sugar & Molasses, Corn, Grains, Fossil Fuels), By Application (Personal Care, Pharmaceutical, Fuel, Food, Chemical)