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Europe Industrial Alcohol Market Research Report – Segmented By Type, Source, Application, Purity, Processing Method, Functionality & Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe) - Industry Analysis, Size, Share, Growth, Trends, & Forecast (2023-2028)

Published: March, 2023
ID: 3526
Pages: 130
Formats: report pdf report excel report power bi report ppt

Europe Industrial Alcohol Market Size (2023-2028):

The Europe Industrial Alcohol Market is valued at USD 25.32 billion in 2022 and is projected to grow at a CAGR of 10.2%, to reach USD 41.15 billion by 2028 during the forecast period 2023-2028.

Market Overview:

Industrial alcohol is a distilled form of ethyl alcohol that is produced and sold for varied beverage purposes. Industrial alcohol is usually distributed in the form of pure ethyl alcohol. Pure ethyl alcohol is used in chemical laboratories or industries for the purpose of sanitizing, cleaning, and other solvent usage. Moreover, this type of ethyl alcohol is also used in medicines, as a food ingredient, as flavoring, and as other cosmetic products. In the medical sector, industrial alcohol is used in the process of manufacturing vaccines, syrups, and antiseptics.

Ethyl alcohol popularly termed Ethanol is a volatile, flammable, and colorless liquid and is the most widely used biofuel. The production of industrial alcohol is through the fermentation and distillation process that requires a certain temperature of heat as energy to develop. Initially, industrial alcohol was outbroken by the growth of alcoholic beverages but nowadays it is used as a solvent and synthesizing other chemicals.

Organic solvents consisting of ethanol, methanol, and isobutanol are the most widely used solvents in the chemical industry after water. The feedstock prepared from starch and corn is low-cost and used to meet energy requirements in various industries. However, the fluctuating costs of crude materials limit the industrial alcohol market.

Market Segmentation:

Europe Industrial Alcohol Market - By Type:

  • Ethyl
  • Methyl
  • Isopropyl
  • Isobutyl
  • Benzyl Alcohol

Europe Industrial Alcohol Market - By Source:

  • Sugar & Molasses
  • Corn
  • Grains
  • Fossil Fuels

Europe Industrial Alcohol Market - By Application:

  • Personal Care
  • Pharmaceutical
  • Fuel
  • Food
  • Chemical

Europe Industrial Alcohol Market - By Purity:

  • Denatured Alcohol & Undenatured Alcohol

Europe Industrial Alcohol Market - By Processing Method:

  • Fermentation Method And Synthetic Method

Europe Industrial Alcohol Market - By Functionality:

  • Antimicrobial Activity
  • Fragrant/Flavoring Agents
  • Solubility
  • Antifreeze
  • Flammability & Volatility

Europe Industrial Alcohol Market - By Country:

  • UK
  • France
  • Spain
  • Germany
  • Italy
  • Russia
  • Sweden
  • Czech Republic & Rest of Europe

Market Key Players:

  1. MGP Ingredients
  2. The Andersons Inc
  3. Sigma Aldrich
  4. Grain Processing Corporation
  5. Cargill
  6. Raizen Energia
  7. Green Plains Inc
  8. Cristalco
  9. Greenfield Specialty Alcohols
  10. Flint Hills Resources

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