Base Year
Historical Year
Forecast Year
The global industrial ethanol market demand reached a volume of almost 125.89 billion litres in 2023. The market is further expected to grow at a CAGR of 2.5% in the forecast period of 2024-2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
From the total ethanol consumption, the non-fuel applications like chemicals, pharmaceutical, plastic, and beverage industries, which also include cosmetics, paints, cleaning products, and alcoholic drinks, contribute about 13-15% of the total applications. While fuel applications are the leading application segment for ethanol, industrial applications account for 7% of the total uses of the product. The Asia Pacific is the leading the industrial ethanol market, as it is the largest producer as well as the consumer of industrial-grade ethanol. The market is being driven by the rising demand for acetic acid from the paints, inks, and coatings sector, especially from countries like South Korea and China. The growing demand in the region is being satisfied by imports from the US, Pakistan, and Vietnam. It is followed by Europe, which has the second-largest consumption level for industrial-grade ethanol and has a broad base for personal care, pharmaceutical, and food and beverage industries.
In the industrial ethanol market, the solvents hold a significant share, i.e., 63%, which is expected to grow. Chemical intermediates are expected to grow at a slightly higher growth rate. Chemical intermediates such as acetic acid and acrylates are the key consumers of industrial-grade ethanol. Solvents includes the paints, inks, and coatings industry, which holds a significant share in the market, accounting for 17% of the total demand for industrial ethanol. The paints, inks, and coatings sector is followed by personal care and cleaning products segments.
The industrial ethanol market is being fuelled by the growing use of the chemical in the food and beverage sector. With the surging demand for alcoholic beverages, industrial ethanol finds extensive use in vodka, beer, and gin, among others, which is bolstering the market growth. Industrial ethanol is also used as a food additive to aid in evenly distributing food colouring. As various common extracts such as vanilla extract have alcohol and ethanol base, the utilisation of industrial ethanol is increasing. Moreover, the introduction of various initiatives by governments to boost the production of ethanol is anticipated to propel the market for industrial ethanol in the forecast period.
Ethanol, also known as ethyl alcohol, can be synthetically derived from petrochemical feedstock like coal and oil derivatives or can be naturally derived from starch and sugar sources like sugar cane, maize, sugar beet, wheat, rye, and potatoes.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Ethanol finds its application in the following sectors:
Industrial ethanol further finds its applications in:
The report also covers the regional markets of the product like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The market is expected to improve in Asia, Brazil and Europe owing to the demand from the solvents and chemical intermediates sector. Countries such as Pakistan and Vietnam are coming up with competitive volume, aided by the demand in the market and further enhancing the market growth. The industrial ethanol market is driven by the rise in the personal care, cleaning products, and food and beverage sectors as they impact the market significantly.
In North America, the market is being propelled by the treatment of industrial ethanol as a niche material. The growing consumer awareness about the usage of antibacterial products such as hand sanitizer and surface cleaners to prevent the spread and potential harm caused by bacteria and viruses is providing impetus to the industrial ethanol market growth. These products are made using industrial-grade ethanol and are witnessing a significant demand, especially from the new-age consumers. In Europe, the rise in the demand from the vinegar and screen wash segment, which mostly uses REN grade ethanol, is expected to drive the market. Pakistan is anticipated to be the most likely importer for the material used in technical or screen wash end-use, instead of the beverage market. The market in Brazil is expected to increase due to fuel mandates.
There has been a shift in the demand dynamics in the major industrial ethanol markets. In the United States, the export level has increased, whereas, in Brazil, a restriction has been imposed on exports in order to cater to the local demand. There is an increase in imports from China and now Pakistan. As a result, imports to Europe have decreased, which they usually buy from Pakistan. Pakistan prefers trading with China over Europe due to better logistics and lower export costs owing to the free trade agreements.
The report gives a detailed analysis of the following key players in the global industrial ethanol market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Industrial Ethanol Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2023, the global industrial ethanol market attained a volume of almost 125.89 billion litres.
The market is projected to grow at a CAGR of 2.5% between 2024 and 2032.
The major drivers of the market are rising disposable incomes, increasing population, increasing hygiene awareness, rising demand from the developing regions, and growing technological advancements.
The key trends guiding the growth of the market include the growing consumer awareness about the usage of antibacterial products and increasing demand from the paints, inks, and coatings sector.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with Asia Pacific accounting for the largest share in the market.
Paints, inks, and coatings, personal care, cleaning products, food and beverage, pharmaceuticals, acetic acid, and acrylate, among others, are the major applications of industrial ethanol in the market.
The major players in the market are Archer Daniels Midland Company, Cargill, Incorporated, Tereos Participations, Unicol Limited, CropEnergies AG, Alcool Ferreira SA, COFCO, and INEOS Group Holdings S.A, among others.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
Share