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Industrial Alcohols Market by Type (Isopropyl Alcohol, Methyl Alcohol, Ethyl Alcohol Isobutyl Alcohol, Benzyl Alcohol, and Others), Application (Fuel, Chemical Intermediates & Solvent, Pharmaceuticals, Personal Care Products, Food Ingredients, and Others), Processing Method (Fermentation and Synthetic), and Source (Molasses, Sugar, Grains, Fossil Fuels, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

MA_172570
Pages: 220
Jul 2017 | 1724 Views
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Author's : Yash Doshi
Tables: 140
Charts: 26
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Industrial Alcohols Market Overview:

Global Industrial Alcohols Market was valued at $100,535 million in 2016, and is expected to reach $198,610 million by 2023, registering a CAGR of 10.2% from 2017 to 2023. Industrial alcohols act as a reagent as well as a solvent in various industrial applications in the pharmaceuticals, personal care, energy sector, and chemical industries. These alcohols are used in applications other than beverages. In addition, multi-functionality increases the adoption in various end-use applications. Moreover, ethanol, being the majorly produced and consumed alcohol, is widely utilized as a biofuel worldwide. These fuels are produced by fermentation of sugars derived from wheat, corn, sugar beets, sugar cane, and molasses. Furthermore, it is used in petrol engines as an alternative to gasoline. In addition, alcohols such as methanol, benzyl alcohol, and isopropyl alcohol are also used in the production of food products, flavorings, cosmetics, and adhesives.

Global Industrial Alcohols Market Segmentation

Global Industrial Alcohols Market Segmentation

The global industrial alcohols market is segmented based on type, application, source, and geography. On the basis of type, it is classified into isopropyl alcohol, methyl alcohol, ethyl alcohol, isobutyl alcohol, benzyl alcohol, and others (pentanol and methyl-1-butanol). Based on source, it is categorized into molasses, sugar, grains, fossil fuels, and others (whey and grapes). On the basis of application, it is divided into fuel, chemical intermediates & solvent, pharmaceuticals, personal care products, food ingredients, and others (adhesives and coatings). On the basis of processing method, it is divided into fermentation and synthetic. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global industrial alcohols market is driven by in the growing demand for biofuels among end users for energy security and increasing demand for low-priced feedstock in the chemical industry. Moreover, surge in demand for organic solvents due to excellent properties of these alcohols, such as high-octane number and more flammability characteristics, boosts the market growth in transportation. In addition, shortage of petroleum and rise in prices of energy have aggravated the problem of energy crisis; leading to increasing utilization of alcohols as an energy source. Further, bioethanol is mixed with gasoline and diesel for use as a fuel in automobiles. Moreover, government mandates to use 22% ethanol blended petrol in Brazil coupled with blend of 10% ethanol with petrol (gasohol) in the U.S. for routine usage in cars have propelled the market growth.

In addition, proactive government initiatives and increasing use of methanol in chemical industries coupled with spiraling growth in production facilities are expected to drive the market growth. Moreover, increase in the number of partnerships between companies to reduce greenhouse gas emissions, and reduce dependence of the energy sector on imported fossil fuels are expected to boost the market growth. However, fluctuating prices of feedstocks, such as molasses, are expected to hamper the production of alcohol, thereby hampering the market growth.

Top Investment Pockets

The fuel application segment is anticipated to be the most lucrative for investment and is estimated to grow at the highest CAGR during the forecast period, owing to the increased usage of ethanol as a motor fuel in the automotive industry and less dependence of greenhouse gas emissions from vehicles. Thus, blended ethanol as a transportation fuel is further gaining demand in the developing countries, such as China, Thailand, and India, which in turn boosts the market growth.

Top Investment Pockets

Industrial Alcohols Market Top Investment Pockets

Segment Review

The grains segment dominated the global market in 2016, and is anticipated to maintain this trend throughout the forecast period. The sugar segment is expected to grow at a CAGR of 10.4%.

Industrial Alcohols Market Share, by Source, 2016 (%)

Industrial Alcohols Market Share, By Source, 2016 (%)

Geographical Review

North America accounted for a significant share of the global market revenue in 2016, followed by LAMEA and Europe. The enhanced production of industrial solvents from agricultural wastes and algae in countries, such as U.S. and Brazil, has created higher demand for ethanol as a major source of octane as well as a conveyance fuel.

India Industrial Alcohols Market Value, 2016-2023 ($million)

        India Industrial Alcohols Market Value, 2016-2023 ($million)

The key players operating in the industry such as Cargill Inc., MGP Ingredients Inc., Green Plains Inc., Birla Sugar, Cristalco, Greenfield Specialty Alcohols, Flint Hills Resources, Sigma Aldrich, The Andersons Inc., and BASF SE invest in R&D activities to develop advanced products to cater to the requirements of the market.

The other players in the value chain (profiles not included in the report) include Haike Chemical Group, Lanxess, Exxon Mobil Corporation, Eastman Chemical, Birla Sugar, Khemani Group, Ethanol Company Ltd., Dollex Industries, and Praj Industries.

Key Benefits

  • The report provides an extensive analysis of the global industrial alcohols market share, size and trend from 2016 to 2023 to determine the prevailing opportunities.
  • Comprehensive analysis of the factors that drive and restrict the market growth is provided in the market.
  • Extensive analysis of the industry is conducted by following product benchmarking, positioning, and monitoring the top competitors within the global market.
  • Porters five forces analysis highlights the potency of buyers & suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
  • The report provides key insights on strategic industrial alcohols industry analysis of various companies and the value chain analysis of the alcohol industry.

Industrial Alcohols Market Key Segments:

By Type

  • Isopropyl Alcohol
  • Methyl Alcohol
  • Ethyl Alcohol
  • Isobutyl Alcohol
  • Benzyl Alcohol
  • Others (Pentanol and Methyl-1-Butanol)

By Source

  • Molasses
  • Sugar
  • Grains
  • Fossil Fuels
  • Others (Whey and Grapes)

By Application

  • Fuel
  • Chemical Intermediates & Solvent
  • Pharmaceuticals
  • Personal Care Products
  • Food Ingredients
  • Others (Adhesives and Coatings)

By Processing Method

  • Fermentation
  • Synthetic

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • UK
    • Spain
    • Hungary
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Thailand
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • South Africa
    • Rest of LAMEA
 

Chapter: 1. INTRODUCTION

1.1. Report description
1.2. Key benefits
1.3. Key market segment
1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tool & model

Chapter: 2. EXECUTIVE SUMMARY

2.1. Market snapshot
2.2. CXO perspectives

Chapter: 3. MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. Porters five forces analysis
3.4. Market dynamics

3.4.1. Drivers

3.4.1.1. Increasing demand for biofuels among end users
3.4.1.2. Growing shortage of petroleum and its rising prices
3.4.1.3. Rise in demand for alcohols in multiple applications

3.4.2. Restraints

3.4.2.1. Rise in raw material prices

3.4.3. Opportunities

3.4.3.1. Increasing usage of ethanol in developing economies.

3.5. Market share analysis, 2016 (%)

Chapter: 4. INDUSTRIAL ALCOHOLS MARKET, BY TYPE

4.1. Introduction

4.1.1. Market size and forecast

4.2. Isopropyl alcohol

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast

4.3. Methyl alcohol

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast

4.4. ETHYL ALCOHOL

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast

4.5. ISOBUTYL ALCOHOL

4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast

4.6. BENZYL ALCOHOL

4.6.1. Key market trends, growth factors, and opportunities
4.6.2. Market size and forecast

4.7. OTHERS (PENTANOL, METHYL-1-BUTANOL)

4.7.1. Key market trends, growth factors, and opportunities
4.7.2. Market size and forecast

Chapter: 5. INDUSTRIAL ALCOHOLS MARKET, BY APPLICATION

5.1. INTRODUCTION

5.1.1. Market size and forecast

5.2. FUEL

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast

5.3. CHEMICAL INTERMEDIATES & SOLVENT

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast

5.4. PHARMACEUTICALS

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast

5.5. PERSONAL CARE PRODUCTS

5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast

5.6. FOOD INGREDIENTS

5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast

5.7. OTHER APPLICATIONS (ADHESIVES AND COATINGS)

5.7.1. Key market trends, growth factors, and opportunities
5.7.2. Market size and forecast

Chapter: 6. INDUSTRIAL ALCOHOLS MARKET, BY SOURCE

6.1. INTRODUCTION

6.1.1. Market size and forecast

6.2. MOLASSES

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast

6.3. SUGAR

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast

6.4. GRAINS

6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast

6.5. FOSSIL FUELS

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast

6.6. OTHER SOURCE (WHEY, GRAPES)

6.6.1. Key market trends, growth factors, and opportunities
6.6.2. Market size and forecast

Chapter: 7. INDUSTRIAL ALCOHOLS MARKET, BY PROCESSING METHOD

7.1. INTRODUCTION

7.1.1. Market size and forecast

7.2. FERMENTATION

7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast

7.3. SYNTHETIC

7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast

Chapter: 8. INDUSTRIAL ALCOHOLS MARKET, BY GEOGRAPHY

8.1. INTRODUCTION

8.1.1. Market size and forecast

8.2. NORTH AMERICA

8.2.1. Key market trends, growth factors, and opportunities
8.2.2. Market size and forecast
8.2.3. U.S.

8.2.3.1. Market size and forecast, by Source

8.2.4. Canada

8.2.4.1. Market size and forecast, by Source

8.2.5. Mexico

8.2.5.1. Market size and forecast, by Source

8.3. EUROPE

8.3.1. Key market trends, growth factors, and opportunities
8.3.2. Market size and forecast
8.3.3. Germany

8.3.3.1. Market size and forecast, by Source

8.3.4. France

8.3.4.1. Market size and forecast, by Source

8.3.5. UK

8.3.5.1. Market size and forecast, by Source

8.3.6. Spain

8.3.6.1. Market size and forecast, by Source

8.3.7. Hungary

8.3.7.1. Market size and forecast, by Source

8.3.8. Rest of Europe

8.3.8.1. Market size and forecast, by Source

8.4. ASIA-PACIFIC

8.4.1. Key market trends, growth factors, and opportunities
8.4.2. Market size and forecast
8.4.3. India

8.4.3.1. Market size and forecast, by Source

8.4.4. China

8.4.4.1. Market size and forecast, by Source

8.4.5. Thailand

8.4.5.1. Market size and forecast, by Source

8.4.6. Rest of Asia-Pacific

8.4.6.1. Market size and forecast, by Source

8.5. LAMEA

8.5.1. Key market trends, growth factors, and opportunities
8.5.2. Market size and forecast
8.5.3. Brazil

8.5.3.1. Market size and forecast, by Source

8.5.4. Argentina

8.5.4.1. Market size and forecast, by Source

8.5.5. South Africa

8.5.5.1. Market size and forecast, by Source

8.5.6. Rest of LAMEA

8.5.6.1. Market size and forecast, by Source

Chapter: 9. COMPANY PROFILES

9.1. CARGILL

9.1.1. Company overview
9.1.2. Company snapshot
9.1.3. Operating business segments
9.1.4. Business performance
9.1.5. Key strategic moves and developments

9.2. MGP INGREDIENTS

9.2.1. Company overview
9.2.2. Company snapshot
9.2.3. Operating business segments
9.2.4. Business performance
9.2.5. Key strategic moves and developments

9.3. GREEN PLAINS INC.

9.3.1. Company overview
9.3.2. Company snapshot
9.3.3. Operating business segments
9.3.4. Business performance
9.3.5. Key strategic moves and developments

9.4. BIRLA SUGAR

9.4.1. Company overview
9.4.2. Company snapshot
9.4.3. Operating business segments
9.4.4. Business performance
9.4.5. Key strategic moves and developments

9.5. CRISTALCO

9.5.1. Company overview
9.5.2. Company snapshot
9.5.3. Operating business segments
9.5.4. Business performance
9.5.5. Key strategic moves and developments

9.6. GREENFIELD SPECIALTY ALCOHOLS

9.6.1. Company overview
9.6.2. Company snapshot
9.6.3. Operating business segments
9.6.4. Business performance
9.6.5. Key strategic moves and developments

9.7. FLINT HILLS RESOURCES

9.7.1. Company overview
9.7.2. Company snapshot
9.7.3. Operating business segments
9.7.4. Business performance
9.7.5. Key strategic moves and developments

9.8. SIGMA ALDRICH

9.8.1. Company overview
9.8.2. Company snapshot
9.8.3. Operating business segments
9.8.4. Business performance
9.8.5. Key strategic moves and developments

9.9. THE ANDERSONS INC.

9.9.1. Company overview
9.9.2. Company snapshot
9.9.3. Operating business segments
9.9.4. Business performance
9.9.5. Key strategic moves and developments

9.10. BASF

9.10.1. Company overview
9.10.2. Company snapshot
9.10.3. Operating business segments
9.10.4. Business performance
9.10.5. Key strategic moves and developments

List of Tables

TABLE 1. GLOBAL INDUSTRIAL ALCOHOLS MARKET VOLUME BY TYPE, 2016-2023 (KILOTONS)
TABLE 2. GLOBAL INDUSTRIAL ALCOHOLS MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 3. GLOBAL ISOPROPYL ALCOHOL MARKET VOLUME, BY REGION, 2016-2023 (KILOTONS)
TABLE 4. GLOBAL ISOPROPYL ALCOHOL MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 5. GLOBAL METHYL ALCOHOL MARKET VOLUME, BY REGION, 2016-2023 (KILOTONS)
TABLE 6. GLOBAL METHYL ALCOHOL MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 7. GLOBAL ETHYL ALCOHOL MARKET VOLUME, BY REGION, 2016-2023 (KILOTONS)
TABLE 8. GLOBAL ETHYL ALCOHOL MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 9. GLOBAL ISOBUTYL ALCOHOL MARKET VOLUME, BY REGION, 2016-2023 (KILOTONS)
TABLE 10. GLOBAL ISOBUTYL ALCOHOL MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 11. GLOBAL BENZYL ALCOHOL MARKET VOLUME, BY REGION, 2016-2023 (KILOTONS)
TABLE 12. GLOBAL BENZYL ALCOHOL MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 13. GLOBAL OTHERS MARKET VOLUME, BY REGION, 2016-2023 (KILOTONS)
TABLE 14. GLOBAL OTHERS MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 15. GLOBAL INDUSTRIAL ALCOHOLS MARKET VOLUME BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 16. GLOBAL INDUSTRIAL ALCOHOLS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 17. INDUSTRIAL ALCOHOLS IN FUEL MARKET VOLUME, BY REGION, 2016-2023 (KILOTONS)
TABLE 18. INDUSTRIAL ALCOHOLS IN FUEL MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 19. INDUSTRIAL ALCOHOLS IN CHEMICAL INTERMEDIATE MARKET VOLUME, BY REGION, 2016-2023 (KILOTONS)
TABLE 20. INDUSTRIAL ALCOHOLS IN CHEMICAL INTERMEDIATE MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 21. INDUSTRIAL ALCOHOLS IN PHARMACEUTICALS MARKET VOLUME, BY REGION, 2016-2023 (KILOTONS)
TABLE 22. INDUSTRIAL ALCOHOLS IN PHARMACEUTICALS MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 23. INDUSTRIAL ALCOHOLS IN PERSONAL CARE PRODUCTS MARKET VOLUME, BY REGION, 2016-2023 (KILOTONS)
TABLE 24. INDUSTRIAL ALCOHOLS IN PERSONAL CARE PRODUCTS MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 25. INDUSTRIAL ALCOHOLS IN FOOD INGREDIENTS MARKET VOLUME, BY REGION, 2016-2023 (KILOTONS)
TABLE 26. INDUSTRIAL ALCOHOLS IN FOOD INGREDIENTS MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 27. INDUSTRIAL ALCOHOLS IN OTHERS MARKET VOLUME, BY REGION, 2016-2023 (KILOTONS)
TABLE 28. INDUSTRIAL ALCOHOLS IN OTHERS MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 29. GLOBAL INDUSTRIAL ALCOHOLS MARKET VOLUME BY SOURCE, 2016-2023 (KILOTONS)
TABLE 30. GLOBAL INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 31. INDUSTRIAL ALCOHOLS BY MOLASSES MARKET VOLUME, BY REGION, 2016-2023 (KILOTONS)
TABLE 32. INDUSTRIAL ALCOHOLS BY MOLASSES MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 33. INDUSTRIAL ALCOHOLS BY SUGAR MARKET VOLUME, BY REGION, 2016-2023 (KILOTONS)
TABLE 34. INDUSTRIAL ALCOHOLS BY SUGAR MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 35. INDUSTRIAL ALCOHOLS BY GRAINS MARKET VOLUME, BY REGION, 2016-2023 (KILOTONS)
TABLE 36. INDUSTRIAL ALCOHOLS BY GRAINS MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 37. INDUSTRIAL ALCOHOLS BY FOSSIL FUELS MARKET VOLUME, BY REGION, 2016-2023 (KILOTONS)
TABLE 38. INDUSTRIAL ALCOHOLS BY FOSSIL FUELS MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 39. INDUSTRIAL ALCOHOLS BY OTHERS MARKET VOLUME, BY REGION, 2016-2023 (KILOTONS)
TABLE 40. INDUSTRIAL ALCOHOLS BY OTHERS MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 41. GLOBAL INDUSTRIAL ALCOHOLS MARKET VOLUME BY PROCESSING METHOD, 2016-2023 (KILOTONS)
TABLE 42. GLOBAL INDUSTRIAL ALCOHOLS MARKET VALUE, BY PROCESSING METHOD, 2016-2023 ($MILLION)
TABLE 43. INDUSTRIAL ALCOHOLS BY FERMENTATION METHOD MARKET VOLUME, BY REGION, 2014-2023 (KILOTONS)
TABLE 44. INDUSTRIAL ALCOHOLS BY FERMENTATION METHOD MARKET VALUE, BY REGION, 2014-2023 ($MILLION)
TABLE 45. INDUSTRIAL ALCOHOLS BY SYNTHETIC METHOD MARKET VOLUME, BY REGION, 2014-2023 (KILOTONS)
TABLE 46. INDUSTRIAL ALCOHOLS BY SYNTHETIC METHOD MARKET VALUE, BY REGION, 2014-2023 ($MILLION)
TABLE 47. INDUSTRIAL ALCOHOLS MARKET VOLUME BY REGION, 2016-2023 (KILOTONS)
TABLE 48. INDUSTRIAL ALCOHOLS MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 49. NORTH AMERICA INDUSTRIAL ALCOHOLS MARKET VOLUME, BY TYPE, 2016-2023 (KILOTONS)
TABLE 50. NORTH AMERICA INDUSTRIAL ALCOHOLS MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 51. NORTH AMERICA INDUSTRIAL ALCOHOLS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 52. NORTH AMERICA INDUSTRIAL ALCOHOLS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 53. NORTH AMERICA INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 54. NORTH AMERICA INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 55. NORTH AMERICA INDUSTRIAL ALCOHOLS MARKET VOLUME, BY PROCESSING METHOD, 2016-2023 (KILOTONS)
TABLE 56. NORTH AMERICA INDUSTRIAL ALCOHOLS MARKET VALUE, BY PROCESSING METHOD, 2016-2023 ($MILLION)
TABLE 57. NORTH AMERICA INDUSTRIAL ALCOHOLS MARKET VOLUME, BY COUNTRY, 2016-2023 (KILOTONS)
TABLE 58. NORTH AMERICA INDUSTRIAL ALCOHOLS MARKET VALUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 59. U.S. INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 60. U.S. INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 61. CANADA INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 62. CANADA INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 63. MEXICO INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 64. MEXICO INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 65. EUROPE INDUSTRIAL ALCOHOLS MARKET VOLUME, BY TYPE, 2016-2023 (KILOTONS)
TABLE 66. EUROPE INDUSTRIAL ALCOHOLS MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 67. EUROPE INDUSTRIAL ALCOHOLS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 68. EUROPE INDUSTRIAL ALCOHOLS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 69. EUROPE INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 70. EUROPE INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 71. EUROPE INDUSTRIAL ALCOHOLS MARKET VOLUME, BY PROCESSING METHOD, 2016-2023 (KILOTONS)
TABLE 72. EUROPE INDUSTRIAL ALCOHOLS MARKET VALUE, BY PROCESSING METHOD, 2016-2023 ($MILLION)
TABLE 73. EUROPE INDUSTRIAL ALCOHOLS MARKET VOLUME, BY COUNTRY, 2016-2023 (KILOTONS)
TABLE 74. EUROPE INDUSTRIAL ALCOHOLS MARKET VALUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 75. FRANCE INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 76. FRANCE INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 77. GERMANY INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 78. GERMANY INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 79. UK INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 80. UK INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 81. SPAIN INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 82. SPAIN INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 83. HUNGARY INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 84. HUNGARY INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 85. REST OF EUROPE INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 86. REST OF EUROPE INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 87. ASIA-PACIFIC INDUSTRIAL ALCOHOLS MARKET VOLUME, BY TYPE, 2016-2023 (KILOTONS)
TABLE 88. ASIA-PACIFIC INDUSTRIAL ALCOHOLS MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 89. ASIA-PACIFIC INDUSTRIAL ALCOHOLS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 90. ASIA-PACIFIC INDUSTRIAL ALCOHOLS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 91. ASIA-PACIFIC INDUSTRIAL ALCOHOLS MARKET VOLUME, BY PROCESSING METHOD, 2016-2023 (KILOTONS)
TABLE 92. ASIA-PACIFIC INDUSTRIAL ALCOHOLS MARKET VALUE, BY PROCESSING METHOD, 2016-2023 ($MILLION)
TABLE 93. ASIA-PACIFIC INDUSTRIAL ALCOHOLS MARKET VOLUME, BY COUNTRY, 2016-2023 (KILOTONS)
TABLE 94. ASIA-PACIFIC INDUSTRIAL ALCOHOLS MARKET VALUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 95. INDIA INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 96. INDIA INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 97. CHINA INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 98. CHINA INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 99. THAILAND INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 100. THAILAND INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 101. REST OF ASIA-PACIFIC INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 102. REST OF ASIA-PACIFIC INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 103. LAMEA INDUSTRIAL ALCOHOLS MARKET VOLUME, BY TYPE, 2016-2023 (KILOTONS)
TABLE 104. LAMEA INDUSTRIAL ALCOHOLS MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 105. LAMEA INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 106. LAMEA INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 107. LAMEA INDUSTRIAL ALCOHOLS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 108. LAMEA INDUSTRIAL ALCOHOLS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 109. LAMEA INDUSTRIAL ALCOHOLS MARKET VOLUME, BY PROCESSING METHOD, 2016-2023 (KILOTONS)
TABLE 110. LAMEA INDUSTRIAL ALCOHOLS MARKET VALUE, BY PROCESSING METHOD, 2016-2023 ($MILLION)
TABLE 111. LAMEA INDUSTRIAL ALCOHOLS MARKET VOLUME, BY COUNTRY, 2016-2023 (KILOTONS)
TABLE 112. LAMEA INDUSTRIAL ALCOHOLS MARKET VALUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 113. BRAZIL INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 114. BRAZIL INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 115. ARGENTINA INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 116. ARGENTINA INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 117. SOUTH AFRICA INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 118. SOUTH AFRICA INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 119. REST OF LAMEA INDUSTRIAL ALCOHOLS MARKET VOLUME, BY SOURCE, 2016-2023 (KILOTONS)
TABLE 120. REST OF LAMEA INDUSTRIAL ALCOHOLS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 121. CARGILL: COMPANY SNAPSHOT
TABLE 122. CARGILL: OPERATING SEGMENTS
TABLE 123. MGP INGREDIENTS: COMPANY SNAPSHOT
TABLE 124. MGP INGREDIENTS: OPERATING SEGMENTS
TABLE 125. GREEN PLAINS INC.: COMPANY SNAPSHOT
TABLE 126. GREEN PLAINS INC.: OPERATING SEGMENTS
TABLE 127. BIRLA SUGAR: COMPANY SNAPSHOT
TABLE 128. BIRLA SUGAR: OPERATING SEGMENTS
TABLE 129. CRISTALCO: COMPANY SNAPSHOT
TABLE 130. CRISTALCO: OPERATING SEGMENTS
TABLE 131. GREENFIELD SPECIALTY ALCOHOLS: COMPANY SNAPSHOT
TABLE 132. GREENFIELD SPECIALTY ALCOHOLS: OPERATING SEGMENTS
TABLE 133. FLINT HILLS RESOURCES: COMPANY SNAPSHOT
TABLE 134. FLINT HILLS RESOURCES: OPERATING SEGMENTS
TABLE 135. SIGMA ALDRICH: COMPANY SNAPSHOT
TABLE 136. SIGMA ALDRICH: OPERATING SEGMENTS
TABLE 137. THE ANDERSONS INC.: - COMPANY SNAPSHOT
TABLE 138. THE ANDERSONS INC.: OPERATING SEGMENTS
TABLE 139. BASF: COMPANY SNAPSHOT
TABLE 140. BASF: OPERATING SEGMENTS

List of Figures

FIGURE 1. GLOBAL INDUSTRIAL ALCOHOLS MARKET SEGMENTATION
FIGURE 2. GLOBAL INDUSTRIAL ALCOHOLS MARKET SHARE, BY SOURCE, 2016 (%)
FIGURE 3. TOP INVESTMENT POCKETS, BY APPLICATIONS
FIGURE 4. TOP WINNING STRATEGIES
FIGURE 5. BARGAINING POWER OF SUPPLIERS
FIGURE 6. BARGAINING POWER OF BUYERS
FIGURE 7. THREAT OF NEW ENTRANTS
FIGURE 8. THREAT OF SUBSTITUTES
FIGURE 9. COMPETITIVE RIVALRY
FIGURE 10. U.S. INDUSTRIAL ALCOHOLS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 11. CANADA INDUSTRIAL ALCOHOLS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 12. MEXICO INDUSTRIAL ALCOHOLS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 13. FRANCE INDUSTRIAL ALCOHOLS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 14. GERMANY INDUSTRIAL ALCOHOLS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 15. UK INDUSTRIAL ALCOHOLS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 16. SPAIN INDUSTRIAL ALCOHOLS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 17. HUNGARY INDUSTRIAL ALCOHOLS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 18. REST OF EUROPE INDUSTRIAL ALCOHOLS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 19. INDIA INDUSTRIAL ALCOHOLS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 20. CHINA INDUSTRIAL ALCOHOLS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 21. THAILAND INDUSTRIAL ALCOHOLS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 22. REST OF ASIA-PACIFIC INDUSTRIAL ALCOHOLS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 23. BRAZIL INDUSTRIAL ALCOHOLS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 24. ARGENTINA INDUSTRIAL ALCOHOLS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 25. SOUTH AFRICA INDUSTRIAL ALCOHOLS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 26. REST OF LAMEA INDUSTRIAL ALCOHOLS MARKET VALUE, 2016-2023 ($MILLION)

 

Industrial alcohols are alcohols of high proof (alcohol content in bottle), which are manufactured and utilized in various industrial applications including beverages. Moreover, the U.S. fuel ethanol industry utilizes grains, which is processed using fermentation and distillation to produce ethanol, animal feed, and other byproducts.

The popularity of industrial alcohols has increased in the recent years, owing to their increasing usage in emerging economies. Asia-Pacific is expected to grow at the highest CAGR during the forecast period. In addition, Thailand is converting cassava stock held by the government into biofuel on a large scale in the domestic market by using 10% ethanol. In addition, China encourages the use of ethanol-based fuel in its five cities, such as Zhengzhou, Luoyang, Nanyang, Beijing and Tianjin, thereby increasing awareness about environment safety and reducing carbon emissions.

North America industrial alcohol market offers lucrative opportunities for key manufacturers, owing to the presence of a wide range of suppliers and manufacturers in this region. In addition, high economic growth rate, increase in purchasing power, and R&D activities in the bioethanol sector fuel the market growth.

 

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