Ethyl Alcohol Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020 - 2025

 Overview

Ethyl Alcohol Market size is forecast to reach the market size of $24 billion by 2025, after growing at a CAGR of 6.03% during 2020-2025. Increasing demand for ethanol as a biofuel, expanded use in the manufacture and storage of alcohol and strict government regulations to limit the use of fossil fuels. On the flip side, a rise in understanding of alcohol consumption's ill effects and the introduction of hybrid electric cars is expected to hamper the growth of ethyl alcohol industry. 

Fractional distillation is a method of separating a liquid from a two- or more-liquid mixture. Liquid ethanol, for example, maybe separated by fractional distillation from a mixture of ethanol and water. Fractional freezing was introduced to separate a mixture that in this case contains a volatile organic compound; ethanol and water. By using freezing process, the mixture was separated, since both ethanol and water have different freezing points.

• Request Sample

Report Coverage

The report: “Ethyl Alcohol Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Ethyl Alcohol Industry.

• Inquiry Before Buying

Key Takeaways

• In 2018, the fuel category dominated the market and is likely to grow over the forecast period as a result of increased ethanol mixing practice with gasoline worldwide.
• Over the forecast period, the rising demand for ethanol from maize and sugar is expected to provide prospects for the industry being studied.
• Due to increasing restrictions and rising demand for the food processing sector, North America dominated the market worldwide.
• According to a fuel consumption analysis in São Paulo, Brazil, operating vehicles on ethanol rather than petrol will raise ground level ozone pollution.

• Schedule a Call

By Grade - Segment Analysis

Several grades ethanol are commonly used in specific industrial applications and vary in the amount of impurities present. Commercial goods are used to color food products, alcoholic or non-alcoholic drinks, cosmetics and personal care, pharmaceuticals, printing inks, organic additives, and paints and coatings. The other segment includes ethanol fuel-grade, which is largest grade around the globe. Continuous technological developments, the involvement of major market actors, and stringent regulations on greenhouse gas emissions push substantial usage of fuel-grade material, which have become the growth opportunity for ethyl alcohol industry.

By Application - Segment Analysis

Market segmentation of applications covers shipping, textiles, food safety, climate, connectivity, accommodation, leisure, health & hygiene, bio-medical, farming and others. Big demand comes from the requirement of transportation. The demand is classified into maize starch, sugarcane, rapeseed, corn, rice and soy bean centered on the origin. At a dominant level, North America uses maize starch and South America uses sugar cane as feedstock. The ethanol market in Europe is based on rapeseed crops.

We also publish more than 100 reports every month in "Chemicals and Materials”, Go through the Domain if there are any other areas for which you would like to get a market research study."