Acknowledging the kind of traction gained by this market, recently published a study report asserts the global ETHYL ALCOHOL (ETHANOL) Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 6.6% during the review period (2022 to 2027).
ETHYL ALCOHOL (ETHANOL) Market Overview
Availability of raw materials like sugarcane, wheat and corn which are produced abundantly worldwide makes the process of ethanol manufacturing cost effective. Countries like India where sugarcane and wheat are produced in surplus, provides an opportunity to replace much imported crude oil to a large extent.
Ethanol is in demand mainly as a biofuel, a clean and cheap form of energy, which can be produced easily, unlike petrol and gasoline which are manufacture d in a much-complicated process. Finally, Government policies worldwide to enable self-sustainable form of fuel production and enable new firm creation leverage support to ethanol market.
Who are the Major Players in ETHYL ALCOHOL (ETHANOL) Market?
Top Key players in the ETHYL ALCOHOL (ETHANOL) Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The companies referred in the market research report includes SABIC, Mitsubishi Chemical Corporation, British Petroleum, Solvay Group, Aventine Renewable Energy, Green Plains Inc., INEOS, The Andersons Ethanol Group, Archer Daniels Midland Company, Andersons Ethanol Group, POET, Flint Hill Resources LP, Braskem, Advanced Bioenergy LLC, Pacific Ethanol Inc., Cargill Corporation, HPCL Biofuels Limited, Butamax Advanced Biofuels LLC, Kirin Holding Company, Valero, Sasol Limited, LyondellBasell Industries NV
Industry News:
WE BOOST NATIONAL EFFORTS BY HELPING TO MEET THE SHORTAGE OF ETHANOL AND SUPPLY MATERIALS TO PRODUCE MEDICAL EQUIPMENT
SABIC contributed SR 150 million by the end of March in support of the various national sectors, particularly the health sector, to take precautionary measures against the novel coronavirus (COVID-19) pandemic.Dr. Abdulaziz Saleh Aljarbou, SABIC Chairman, emphasized our commitment to work with the relevant stakeholders to help overcome the crisis. We are committed to the highest levels of responsibility toward the community by taking all the necessary precautionary measures to protect public health and safety.
What are the major Applications, Types and Regions for ETHYL ALCOHOL (ETHANOL) Market?
By Type, it is segmented into
- Food Grade
- Industrial Grade
- Pharmaceutical Grade
- Lab Grade
- Others
- By Applications
- Industrial Solvent
- Fuel/Fuel Additive
- Bacteriacide/ Disinfectant
- Beverages
- Personal Care
- Others
ETHYL ALCOHOL (ETHANOL) Market Regional Analysis
North America is most influential and dominating market globally. The United States is the largest producer followed by Brazil and China.
In Asia Pacific region, India and China are remarkably using ethanol in pharmaceutical industry. It is a new initiative in renewable energy which is cleaner and more capable of reducing high imports of crude oil and petrochemicals in developing countries.
All these factors greatly affect the ETHYL ALCOHOL (ETHANOL) Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The ETHYL ALCOHOL (ETHANOL) Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global ETHYL ALCOHOL (ETHANOL) Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our ETHYL ALCOHOL (ETHANOL) Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2028 CAGR
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- CAGR of 6.6 % during the review period (2022 to 2027).
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By Type
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- Food Grade
- Industrial Grade
- Pharmaceutical Grade
- Lab Grade
- Others
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By Applications
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- Industrial Solvent
- Fuel/Fuel Additive
- Bacteriacide/ Disinfectant
- Beverages
- Personal Care
- Others
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- Others
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By Companies
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SABIC, Mitsubishi Chemical Corporation, British Petroleum, Solvay Group, Aventine Renewable Energy, Green Plains Inc., INEOS, The Andersons Ethanol Group, Archer Daniels Midland Company, Andersons Ethanol Group, POET, Flint Hill Resources LP, Braskem, Advanced Bioenergy LLC, Pacific Ethanol Inc., Cargill Corporation, HPCL Biofuels Limited, Butamax Advanced Biofuels LLC, Kirin Holding Company, Valero, Sasol Limited, LyondellBasell Industries NV
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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132
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Healthcare IT Report
- Evaluate ETHYL ALCOHOL (ETHANOL) Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the ETHYL ALCOHOL (ETHANOL) Market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The ETHYL ALCOHOL (ETHANOL) Market is studied from 2017 - 2027.
What is the growth rate of ETHYL ALCOHOL (ETHANOL) Market?
The ETHYL ALCOHOL (ETHANOL) Market is growing at a CAGR of 6.6% over the next 5 years.
Who are the key players in ETHYL ALCOHOL (ETHANOL) Market?
SABIC, Mitsubishi Chemical Corporation, British Petroleum, Solvay Group, Aventine Renewable Energy, Green Plains Inc., INEOS, The Andersons Ethanol Group, Archer Daniels Midland Company, Andersons Ethanol Group, POET, Flint Hill Resources LP, Braskem, Advanced Bioenergy LLC, Pacific Ethanol Inc., Cargill Corporation, HPCL Biofuels Limited, Butamax Advanced Biofuels LLC, Kirin Holding Company, Valero, Sasol Limited, LyondellBasell Industries NV
What region does this ETHYL ALCOHOL (ETHANOL) Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of ETHYL ALCOHOL (ETHANOL) Market?
- Food Grade, Industrial Grade, Pharmaceutical Grade, Lab Grade, Others
What are the major Applications of ETHYL ALCOHOL (ETHANOL) Market?
- Industrial Solvent, Fuel/Fuel Additive, Bacteriacide/ Disinfectant, Beverages, Personal Care, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
