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Ethyl Alcohol Market by End-user and Geography - Forecast and Analysis 2022-2026

  • Published: Sep 2022
  • Pages: 148
  • SKU: IRTNTR40046
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The ethyl alcohol market share is expected to increase by USD 18.83 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.8%.

This ethyl alcohol market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers ethyl alcohol market segmentation by:

  • Application - Automotive, Food and beverage, Personal care, Pharmaceutical, and Others
  • Geography - North America, South America, Europe, APAC, and Middle East and Africa

Key Vendor and Product Insights

The ethyl alcohol market report offers information on several market vendors, including ALTO INGREDIENTS INC., Archer Daniels Midland Co., Attis Biofuels, BP Plc, Cargill Inc., CropEnergies AG, GranBio, INEOS Group Holdings SA, JEPSON COMMODITIES, Jubilant Ingrevia Ltd., Kanoria Chemicals and Industries Ltd., LyondellBasell Industries NV, Merck KGaA, Mitsubishi Chemical Holdings Corp., POET LLC, Sasol Ltd., The Andersons Inc., Thermo Fisher Scientific Inc., and Valero Energy Corp. among others.

ALTO INGREDIENTS INC. - ALTO INGREDIENTS INC. is a public company headquartered in the US. It is a global company generating $1,207.8 million in revenues and has around 417 employees. Its revenue from the global ethyl alcohol market contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company. The company offers ethyl alcohol produced by the natural fermentation of corn which is a solvent used as an active pharmaceutical ingredient as well as a pharmaceutical excipient non-active ingredient.

This statistical study of the ethyl alcohol market encompasses successful business strategies deployed by the key vendors. The ethyl alcohol market is fragmented and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market.

What will the Ethyl Alcohol Market Size be During the Forecast Period?

Ethyl Alcohol Market Market Size

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Ethyl Alcohol Market: Key Drivers, Trends, and Challenges

The high availability of feedstock is notably driving the ethyl alcohol market growth, although factors such as increasing demand for electric vehicles may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the ethyl alcohol industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Ethyl Alcohol Market Driver

The key market driver for the ethyl alcohol market is the high availability of feedstock. One of the key factors driving growth in the ethyl alcohol market is the high availability of feedstock. Globally, there is a growing interest in alternative fuels on account of uncertainty in global fuel prices, energy security, and continuous rise in emission levels. The demand for fuels that reduce carbon emission levels is rising and the gradual depletion of fossil fuel reserves is increasing the demand for ethyl alcohol. The demand for ethyl alcohol in various applications, such as automotive, food and beverages, pharmaceutical, and personal care, is high in countries such as India, China, and Brazil because of the large availability of feedstock.

Key Ethyl Alcohol Market Trend

The key market trend for the ethyl alcohol market is a reduction in arable land. Rapid industrialization and urbanization have reduced arable land across the world. Inappropriate agricultural practices and deforestation have diminished the fertility of arable land. With an increase in the global population, the demand for food is expected to rise exponentially during the forecast period. An additional 34 million square kilometres of new arable land will be required to cater to this demand for food. By 2030, developing nations, including China, Brazil, and India, will require an additional 120 million hectares of land to fulfil the demand for food grains. Shrinkage in global arable land is expected to reduce the production of corn or maize across the world. Corn is one of the raw materials required to produce ethyl alcohol. Ethyl alcohol is produced by the fermentation of corn by using enzymes such as yeast. Thus, a reduction in arable land will decrease the global production of corn during the forecast period. This is likely to reduce the growth of the global ethyl alcohol market during the forecast period.

Key Ethyl Alcohol Market Challenge

The key market challenge for the ethyl alcohol market for health hazards due to the consumption of ethyl alcohol. Ethyl alcohol is produced by the fermentation of corn using enzymes such as yeast. Corn is the major raw material used in the production of ethanol. According to the Food and Agricultural Organization (FAO), the total corn or maize production in India was estimated at around 30.2 million tons in 2020. In the same year, the total corn or maize production in China was estimated at around 260.5 million tons. Therefore, the higher availability of feedstock for the production of ethyl alcohol will drive the demand for ethyl alcohol during the forecast period.

This ethyl alcohol market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global ethyl alcohol market as a part of the global speciality chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the ethyl alcohol market during the forecast period.

Ethyl Alcohol Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the ethyl alcohol market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Ethyl Alcohol Market?

Ethyl Alcohol Market Market Share by Geography

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44% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for the ethyl alcohol market in North America. Market growth in this region will be faster than the growth of the market in Europe, the Middle East, and African regions.

The strong demand for ethyl alcohol as a fuel additive in automotive, the growing pharmaceutical market, and the increasing demand for food additives in the region will facilitate the ethyl alcohol market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

Many automotive companies in the region had to temporarily shut down their production activities to prevent the spread of COVID-19 in 2020. For instance, in March 2020, Renault and Fiat Chrysler Automobiles NV (Fiat Chrysler Automobiles) cut down production at their European plants. Similarly, in March 2020, Bayerische Motoren Werke AG (BMW) announced the halt of production in many of its European plants. Hence, these factors negatively impacted the demand for ethyl alcohol and restricted the potential growth of the regional market in 2020.

What are the Revenue-generating Application Segments in the Ethyl Alcohol Market?

Ethyl Alcohol Market Market Share

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The ethyl alcohol market share growth by the automotive segment will be significant during the forecast period. Rising vehicle production across the world will drive the demand for ethyl alcohol during the forecast period. India, China, Germany, South Korea, and Japan are among the leading producers of automobiles across the world. These countries have large manufacturing hubs for automotive vehicle production. The rising production of vehicles will increase the demand for ethyl alcohol during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the ethyl alcohol market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Ethyl Alcohol Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.8%

Market growth 2022-2026

$ 18.83 billion

Market structure

Fragmented

YoY growth (%)

5.17

Regional analysis

North America, South America, Europe, APAC, and Middle East and Africa

Performing market contribution

North America at 44%

Key consumer countries

US, Canada, China, Germany, and Brazil

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

ALTO INGREDIENTS INC., Archer Daniels Midland Co., Attis Biofuels, BP Plc, Cargill Inc., CropEnergies AG, GranBio, INEOS Group Holdings SA, JEPSON COMMODITIES, Jubilant Ingrevia Ltd., Kanoria Chemicals and Industries Ltd., LyondellBasell Industries NV, Merck KGaA, Mitsubishi Chemical Holdings Corp., POET LLC, Sasol Ltd., The Andersons Inc., Thermo Fisher Scientific Inc., and Valero Energy Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis, and future consumer dynamics and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Ethyl Alcohol Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive ethyl alcohol market growth during the next five years
  • Precise estimation of the ethyl alcohol market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the ethyl alcohol industry across North America, South America, Europe, APAC, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of ethyl alcohol market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 26: Chart on Comparison by Application
      • Exhibit 27: Data Table on Comparison by Application
    • 5.3 Automotive - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Automotive - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Automotive - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Automotive - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Automotive - Year-over-year growth 2021-2026 (%)
    • 5.4 Food and beverages - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Food and beverages - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Food and beverages - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Food and beverages - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Food and beverages - Year-over-year growth 2021-2026 (%)
    • 5.5 Personal care - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Personal care - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Personal care - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Personal care - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Personal care - Year-over-year growth 2021-2026 (%)
    • 5.6 Pharmaceutical - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Pharmaceutical - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Data Table on Pharmaceutical - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Chart on Pharmaceutical - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Pharmaceutical - Year-over-year growth 2021-2026 (%)
    • 5.7 Others - Market size and forecast 2021-2026
      • Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.8 Market opportunity by Application
      • Exhibit 48: Market opportunity by Application ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 50: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 52: Chart on Geographic comparison
      • Exhibit 53: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 APAC - Market size and forecast 2021-2026
      • Exhibit 66: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 Brazil - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Brazil - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Brazil - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Brazil - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Brazil - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 Canada - Market size and forecast 2021-2026
      • Exhibit 86: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 87: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 88: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.12 China - Market size and forecast 2021-2026
      • Exhibit 90: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 91: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 92: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 93: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 94: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 95: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 97: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 98: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 99: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 100: Matrix on vendor position and classification
            • 10.3 ALTO INGREDIENTS INC.
              • Exhibit 101: ALTO INGREDIENTS INC. - Overview
              • Exhibit 102: ALTO INGREDIENTS INC. - Business segments
              • Exhibit 103: ALTO INGREDIENTS INC. - Key news
              • Exhibit 104: ALTO INGREDIENTS INC. - Key offerings
              • Exhibit 105: ALTO INGREDIENTS INC. - Segment focus
            • 10.4 Archer Daniels Midland Co.
              • Exhibit 106: Archer Daniels Midland Co. - Overview
              • Exhibit 107: Archer Daniels Midland Co. - Business segments
              • Exhibit 108: Archer Daniels Midland Co. - Key offerings
              • Exhibit 109: Archer Daniels Midland Co. - Segment focus
            • 10.5 BP Plc
              • Exhibit 110: BP Plc - Overview
              • Exhibit 111: BP Plc - Business segments
              • Exhibit 112: BP Plc - Key offerings
              • Exhibit 113: BP Plc - Segment focus
            • 10.6 Cargill Inc.
              • Exhibit 114: Cargill Inc. - Overview
              • Exhibit 115: Cargill Inc. - Product / Service
              • Exhibit 116: Cargill Inc. - Key news
              • Exhibit 117: Cargill Inc. - Key offerings
            • 10.7 INEOS Group Holdings SA
              • Exhibit 118: INEOS Group Holdings SA - Overview
              • Exhibit 119: INEOS Group Holdings SA - Business segments
              • Exhibit 120: INEOS Group Holdings SA - Key offerings
              • Exhibit 121: INEOS Group Holdings SA - Segment focus
            • 10.8 Jubilant Ingrevia Ltd.
              • Exhibit 122: Jubilant Ingrevia Ltd. - Overview
              • Exhibit 123: Jubilant Ingrevia Ltd. - Product / Service
              • Exhibit 124: Jubilant Ingrevia Ltd. - Key offerings
            • 10.9 LyondellBasell Industries NV
              • Exhibit 125: LyondellBasell Industries NV - Overview
              • Exhibit 126: LyondellBasell Industries NV - Business segments
              • Exhibit 127: LyondellBasell Industries NV - Key news
              • Exhibit 128: LyondellBasell Industries NV - Key offerings
              • Exhibit 129: LyondellBasell Industries NV - Segment focus
            • 10.10 Mitsubishi Chemical Holdings Corp.
              • Exhibit 130: Mitsubishi Chemical Holdings Corp. - Overview
              • Exhibit 131: Mitsubishi Chemical Holdings Corp. - Business segments
              • Exhibit 132: Mitsubishi Chemical Holdings Corp. - Key offerings
              • Exhibit 133: Mitsubishi Chemical Holdings Corp. - Segment focus
            • 10.11 Sasol Ltd.
              • Exhibit 134: Sasol Ltd. - Overview
              • Exhibit 135: Sasol Ltd. - Business segments
              • Exhibit 136: Sasol Ltd. - Key news
              • Exhibit 137: Sasol Ltd. - Key offerings
              • Exhibit 138: Sasol Ltd. - Segment focus
            • 10.12 Thermo Fisher Scientific Inc.
              • Exhibit 139: Thermo Fisher Scientific Inc. - Overview
              • Exhibit 140: Thermo Fisher Scientific Inc. - Business segments
              • Exhibit 141: Thermo Fisher Scientific Inc. - Key news
              • Exhibit 142: Thermo Fisher Scientific Inc. - Key offerings
              • Exhibit 143: Thermo Fisher Scientific Inc. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 144: Inclusions checklist
                • Exhibit 145: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 146: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 147: Research methodology
                • Exhibit 148: Validation techniques employed for market sizing
                • Exhibit 149: Information sources
              • 11.5 List of abbreviations
                • Exhibit 150: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Ethyl Alcohol Market market growth will increase by $18825.67 million during 2022-2026.
              The ethyl alcohol market market is expected to grow at a CAGR of 5.8% during 2022-2026.
              Technavio has segmented the ethyl alcohol market market by application (automotive, food and beverages, personal care, pharmaceutical, and others) and geographic (North America, South America, Europe, APAC, Middle East and Africa, North America, South America, Europe, APAC, and MEA).
              ALTO INGREDIENTS INC., Archer Daniels Midland Co., Attis Biofuels, BP Plc, Cargill Inc., CropEnergies AG, GranBio, INEOS Group Holdings SA, JEPSON COMMODITIES, Jubilant Ingrevia Ltd., Kanoria Chemicals and Industries Ltd., LyondellBasell Industries NV, Merck KGaA, Mitsubishi Chemical Holdings Corp., POET LLC, Sasol Ltd., The Andersons Inc., Thermo Fisher Scientific Inc., Valero Energy Corp. are a few of the key vendors in the ethyl alcohol market market.
              North America will register the highest growth rate of 44.25% among the other regions. Therefore, the ethyl alcohol market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the ethyl alcohol market market growth are:
              • High availability of feedstock
              • Reduction in arable land
              The ethyl alcohol market market vendors should focus on grabbing business opportunities from the automotive segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
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              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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