市場調查報告書
商品編碼
1215799
工業酒精市場 2022-2028Industrial Alcohol Market 2022-2028 |
在預測期內,全球工業酒精市場預計將以 6.8% 的複合年增長率增長。 由於其抗菌性能、溶解性和高辛烷值,各行業對工業酒精的需求不斷增加,是推動全球工業酒精市場增長的主要因素。 消費者對低碳替代燃料意識的增強和政府的要求將推動生物燃料行業對工業酒精的需求。 原材料價格波動可能會抑制全球工業酒精市場的增長。 預計新興國家對工業酒精需求的增長將為全球工業酒精市場的增長提供有利可圖的機會。
全球工業酒精市場按類型、來源和應用細分。 基於類型的市場細分包括乙醇、甲醇、異丙醇、異丁醇、苯甲醇等。 按類型劃分,乙醇在工業酒精市場中佔據主要市場份額。 乙醇在生物燃料生產中的大量使用一直是推動乙醇細分市場增長的關鍵因素。 根據來源,市場分為甘蔗和甘蔗渣、玉米、穀物、糖蜜、化石燃料等。 按原料劃分,化石燃料佔工業酒精市場的主要份額。 越來越需要減少對化石燃料作為直接燃料來源的依賴,這是推動這一細分市場增長的主要因素。 按應用劃分,它分為燃料、化學中間體和溶劑、藥品、個人護理產品、食品等。
Title:Global Industrial Alcohol Market Size, Share & Trends Analysis Report, By Type (Ethyl Alcohol, Methyl Alcohol, Isopropyl Alcohol, Isobutyl Alcohol, Benzyl Alcohol, and Others), By Source (Sugarcane & Bagasse, Corn, Grains, Molasses, Fossil Fuels, and Others), By Application (Fuel, Chemical Intermediates & Solvents, Pharmaceuticals, Personal Care Products, Food, and Others), Forecast Period (2022-2028).
The global industrial alcohol market is anticipated to grow at a CAGR of 6.8% during the forecast period. The growing demand for industrial alcohol in different industries owing to its antimicrobial activity, solubility, and large octane number is a key factor driving the growth of the global industrial alcohol market. The growing consumer awareness for low carbon alternate fuels and supporting government mandates will drive the demand for industrial alcohol in the biofuel industry. The fluctuating price of raw materials may restrain the growth of the global industrial alcohol market. The growing demand for industrial alcohol from emerging markets is anticipated to offer lucrative opportunities for the growth of the global industrial alcohol market.
The global industrial alcohol market is segmented by type, source, and application. The market segmentation based on the type includes ethyl alcohol, methyl alcohol, isopropyl alcohol, isobutyl alcohol, benzyl alcohol, and others. Ethyl alcohol held a major market share in the industrial alcohol market based on type. The high use of ethyl alcohol in bio-fuel generation is a key factor driving the growth of the ethyl alcohol market segment. Based on the source, the market is segmented into sugarcane & bagasse, corn, grains, molasses, fossil fuels, and others. Based on source, fossil fuel held a major share in the industrial alcohol market. The growing need to reduce dependency on fossil fuel as a direct source of fuel is a key factor driving the growth of this market segment. Based on application, the market is segmented into fuel, chemical intermediates & solvents, pharmaceuticals, personal care products, food, and others.
The global industrial alcohol market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. North America held a considerable share in the global industrial alcohol market. The high demand for industrial alcohol across the end-user industries along with the significant presence of key market players across the US is a key factor contributing to the high share of the regional market.
The major companies serving the global industrial alcohol market include Cargill Inc., Raizen Energia, Sigma-Aldrich Inc., Univar Solutions, and MGP Ingredients among others. The companies are focusing on product innovation, technology advancements, expansions, mergers & acquisitions, and finding a new market or innovation in their core competency to expand individual market share.
Research Methodology
The market study of the global industrial alcohol market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report provides an in-depth analysis of the market size, and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers: