Overview
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
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 / $Billion)
8.1 Food Grade
8.2 Industrial Grade
8.3 Pharmaceutical Grade
9. Ethyl Alcohol Market - By Purity (Market Size -$Million / $Billion)
10. Ethyl Alcohol - By Application (Market Size -$Million / $Billion)
10.1 Industrial Solvent
10.2 Fuel/Fuel Additive
10.3 Bacteriacide/Disinfectant
11. Ethyl Alcohol- By Geography (Market Size -$Million / $Billion)
11.1 Ethyl Alcohol Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Ethyl Alcohol- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Ethyl Alcohol- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Ethyl Alcohol - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Ethyl Alcohol - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$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
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 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
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