HOME Top Market Reports Industrial Alcohol Market by Type (Ethyl, Methyl, Isopropyl, Isobutyl, Benzyl Alcohol), Source (Sugar & Molasses, Corn, Grains, Fossil Fuels), Application (Personal Care, Pharmaceutical, Fuel, Food, Chemical), and Region - Global Forecast to 2022

Industrial Alcohol Market by Type (Ethyl, Methyl, Isopropyl, Isobutyl, Benzyl Alcohol), Source (Sugar & Molasses, Corn, Grains, Fossil Fuels), Application (Personal Care, Pharmaceutical, Fuel, Food, Chemical), and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: February 2017
Report Code: FB 5016

 

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The industrial alcohol market is estimated to be valued at USD 113.26 Billion in 2017, and is projected to grow at a CAGR of 9.8% during the forecast period of 2017 to 2022. The years considered for the study are as follows:

  • Historical year: 2015
  • Base year: 2016
  • Estimated year: 2017
  • Projected year: 2022
  • Forecast period: 2017–2022

Objectives of the study are as follows:

  •  To define, segment, and measure the industrial alcohol market based on type, application, source, and region
  • To provide detailed information regarding the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze the Micromarkets with respect to individual growth trends, future prospects, and contribution to the total market
  • To analyze opportunities in the market for stakeholders and details of the competitive landscape for market leaders
  • To project the size of the market, in terms value (USD million), in the five main regions, namely, North America, Europe, Asia-Pacific, South America, and the Rest of the World (RoW)
  • To project the market size, in terms value (USD million) and volume (KT) on the basis of key industrial alcohol by type
  • To analyze opportunities in the industrial alcohol market for stakeholders and study the details of a competitive landscape, to be provided to the key market leaders
  • To strategically profile the key players and comprehensively analyze their market share and core competencies
  • To track and analyze the competitive developments such as acquisitions, expansions and investments, agreements, and joint ventures in the industrial alcohol market

Research Methodology

This report includes estimations of market size in terms of value (USD million) and volume (kilo tons). Both, top-down and bottom-up approaches have been used to estimate and validate the size of the industrial alcohol market and of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market share in respective regions has been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources— Methanol Market Services Asia (MMSA), the Industrial Ethanol Association (IEA), the Organization for Economic Co-operation and Development (OECD), The Alternative Fuels Data Center (AFDC) Environmental Protection Agency (EPA), The Brazilian Sugarcane Industry Association (UNICA) —to identify and collect information useful for this technical, market-oriented, and commercial study of the industrial alcohol market.

Industrial Alcohol Market

To know about the assumptions considered for the study, download the pdf brochure

Market Ecosystem

The various contributors involved in the value chain of industrial alcohol include raw material suppliers, manufacturers, wholesalers/distributors, retailers, and end users. Major manufacturing companies develop their in-house R&D centers for research and innovation activities to support their manufacturing units and to successfully introduce new products in the market.

The market is dominated by key players such as Cargill (U.S.), Raizen Energia (Brazil), Green Plains Inc. (U.S.), Cristalco (France), MGP Ingredients (U.S.), The Andersons Inc. (U.S.), Sigma Aldrich (U.S.), Grain Processing Corporation (U.S.), Greenfield Specialty Alcohols (Canada), and Flint Hills Resources (U.S.).

Target Audience:

  • Industrial alcohol manufacturers, importers and exporters
  • Raw material manufacturers, suppliers, processors, and grain distillers
  • Biofuel manufacturers, importers, and exporters
  • Organizations, which include the following:
    • The Food and Agriculture Organization (FAO), U.S. Department of Agriculture (USDA), the Renewable Fuels Association, the European Biomass Industry Association, the Industrial Ethanol Association (IEA), the Organization for Economic Co-operation and Development (OECD), and the Brazilian Sugarcane Industry Association (UNICA)
    • The European Food Safety Authority (EFSA) and the Food and Drug Administration (FDA)
  • End user industries, which include the following:
    • Personal cares
    • Pharmaceuticals
    • Fuels
    • Foods (excluding beverages)
    • Chemicals

Scope of the report

Based on Type, the market has been segmented as follows:

  • Ethyl Alcohol 
  • Methyl alcohol
  •  Isopropyl alcohol
  •  Isobutyl alcohol
  •  Benzyl alcohol
  •  Others  (sorbitol and maltitol)

Based on Source, the market has been segmented as follows:

  • Sugar & molasses
  • Corn
  • Grains (excludingcorn)
  • Fossil Fuels
  • Others (whey, cellulosic materials, and algae)

Based on Application, the market has been segmented as follows:

  • Personal care products
  • Pharmaceuticals
  • Fuel
  • Food ingredients (excluding beverages)
  • Chemical intermediates & solvent
  • Others (home care ptoducts and reagents)

Based on Region, the market has been segmented as follows:

  • North America
  • Asia-Pacific
  • Europe
  • South America
  • RoW (the Middle East & Africa, Other in RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the client-specific needs.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Application Analysis

  • Application analysis, which gives a detailed analysis of other industrial applications in the industrial alcohol market

Regional Analysis

  • Further breakdown of the Rest of Europe industrial alcohol market into the Netherlands, Italy, Belgium, Portugal, Hungary, Denmark, and Luxembourg.
  • Further breakdown of the Rest of Asia-Pacific industrial alcohol market into Japan, Vietnam, the Philippines, Singapore, Indonesia, and Pakistan.

Company Information

  • Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Periodization Considered
    1.5 Currency Considered
    1.6 Units Considered
    1.7 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Macroindicators
           2.2.1 Increase in Per Capita Disposable Income
           2.2.2 Growth in Demand for Automotive Vehicles
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Market Breakdown & Data Triangulation
    2.5 Research Assumptions & Limitations
           2.5.1 Assumptions
           2.5.2 Limitations

3 Executive Summary (Page No. - 30)

4 Premium Insights (Page No. - 36)
    4.1 Attractive Market Opportunities in this Market
    4.2 Industrial Alcohol Market Size, By Application
    4.3 North America: Industrial Alcohol Market, By Type and By Country
    4.4 Industrial Alcohol Market: Major Countries
    4.5 Life Cycle Analysis, By Region

5 Market Overview (Page No. - 42)
    5.1 Introduction
    5.2 Market Insights
    5.3 Market Segmentation
           5.3.1 By Type
           5.3.2 By Source
           5.3.3 By Application
           5.3.4 By Product Functionality (Qualitative)
           5.3.5 By Processing Method (Qualitative)
           5.3.6 By Purity (Qualitative)
           5.3.7 By Region
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Increase in Demand for Bioethanol
                    5.4.1.2 Increasing Use of Alcohol in A Wide Spectrum of Applications
           5.4.2 Restraints
                    5.4.2.1 Fluctuating Prices of Raw Material
           5.4.3 Opportunities
                    5.4.3.1 Emerging Markets: New Growth Frontiers
                    5.4.3.2 Advent of Greener Ethyl Alcohol Sources
           5.4.4 Challenges
                    5.4.4.1 Approval From Various Regulatory Bodies
    5.5 Trade Analysis
           5.5.1 Export Data Analysis
           5.5.2 Import Data Analysis

6 Industry Trends (Page No. - 55)
    6.1 Introduction
    6.2 Value Chain
    6.3 Supply Chain
           6.3.1 Prominent Companies
           6.3.2 Small & Medium Enterprises
           6.3.3 End Users (Manufacturers/Consumers)
    6.4 Regulatory Environment

7 Industrial Alcohol Market, By Type (Page No. - 60)
    7.1 Introduction
    7.2 Ethyl Alcohol
    7.3 Methyl Alcohol
    7.4 Isopropyl Alcohol
    7.5 Isobutyl Alcohol
    7.6 Benzyl Alcohol
    7.7 Other Types

8 Industrial Alcohol Market, By Source (Page No. - 70)
    8.1 Introduction
    8.2 Sugar & Molasses
    8.3 Corn
    8.4 Grains (Excl. Corn)
    8.5 Fossil Fuels
    8.6 Other Sources

9 Industrial Alcohol Market, By Application (Page No. - 82)
    9.1 Introduction
    9.2 Fuel
    9.3 Chemical Intermediates & Solvent
    9.4 Pharmaceuticals
    9.5 Personal Care Products
    9.6 Food Ingredients
    9.7 Other Applications

10 Industrial Alcohol Market, By Purity (Page No. - 94)
     10.1 Introduction
     10.2 Denatured Alcohol
     10.3 Undenatured Alcohol

11 Industrial Alcohol Market, By Processing Method (Page No. - 95)
     11.1 Introduction
     11.2 Fermentation Method
     11.3 Synthetic Method

12 Industrial Alcohol Market, By Functionality (Page No. - 97)
     12.1 Introduction
     12.2 Antimicrobial Activity
     12.3 Fragrant/Flavoring Agents
     12.4 Solubility
     12.5 Antifreeze
     12.6 Flammability & Volatility

13 Industrial Alcohol Market, By Region (Page No. - 99)
     13.1 Introduction
     13.2 North America
             13.2.1 U.S.
             13.2.2 Canada
             13.2.3 Mexico
     13.3 Asia-Pacific
             13.3.1 China
             13.3.2 India
             13.3.3 Thailand
             13.3.4 Rest of Asia-Pacific
     13.4 Europe
             13.4.1 Germany
             13.4.2 U.K.
             13.4.3 France
             13.4.4 Spain
             13.4.5 Sweden
             13.4.6 Poland
             13.4.7 Rest of Europe
     13.5 South America
             13.5.1 Brazil
             13.5.2 Rest of South America
     13.6 RoW
             13.6.1 Middle East & Africa
             13.6.2 Others in RoW

14 Competitive Landscape (Page No. - 126)
     14.1 Overview
     14.2 Competitive Situation & Trends
             14.2.1 Expansions & Investments
             14.2.2 Acquisitions
             14.2.3 Agreement & Joint Ventures

15 Company Profiles (Page No. - 132)
(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
     15.1 Introduction
     15.2 Cargill
     15.3 Raνzen Energia
     15.4 Green Plains Inc.
     15.5 Cristalco
     15.6 MGP Ingredients
     15.7 The Andersons Inc.
     15.8 Grain Processing Corporation
     15.9 Greenfield Specialty Alcohols
     15.10 Flint Hills Resources
     15.11 Sigma Aldrich

*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

16 Appendix (Page No. - 159)
     16.1 Discussion Guide
     16.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     16.3 Introducing RT: Real-Time Market Intelligence
     16.4 Available Customizations
     16.5 Related Reports
     16.6 Author Details


List of Tables (71 Tables)

Table 1 Legal Permissible Limit of Ethyl Alcohol Blends, By Country
Table 2 Industrial Alcohol Market Size, By Type, 2015–2022 (USD Million)
Table 3 Market Size , By Type, 2015–2022 (KT)
Table 4 Ethyl Alcohol Market Size, By Region, 2015–2022 (USD Million)
Table 5 Ethyl Alcohol Market Size, By Region, 2015–2022 (KT)
Table 6 Methyl Alcohol Market Size, By Region, 2015–2022 (USD Million)
Table 7 Methyl Alcohol Market Size, By Region, 2015–2022 (KT)
Table 8 Isopropyl Alcohol Market Size, By Region, 2015–2022 (USD Million)
Table 9 Isopropyl Alcohol Market Size, By Region, 2015–2022 (KT)
Table 10 Isobutyl Alcohol Market Size, By Region, 2015–2022 (USD Million)
Table 11 Isobutyl Alcohol Market Size, By Region, 2015–2022 (KT)
Table 12 Benzyl Alcohol Market Size, By Region, 2015–2022 (USD Million)
Table 13 Benzyl Alcohol Market Size, By Region, 2015–2022 (KT)
Table 14 Other Types Market Size, By Region, 2015–2022 (USD Million)
Table 15 Other Types Market Size, By Region, 2015–2022 (KT)
Table 16 Industrial Alcohol Market Size , By Source, 2015–2022 (USD Million)
Table 17 Industrial Alcohol Market Size, By Source, 2015–2022 (KT)
Table 18 Sugar & Molasses Market Size, By Region, 2015–2022 (USD Million)
Table 19 Sugar & Molasses Market Size, By Region, 2015–2022 (KT)
Table 20 Corn Market Size, By Region, 2015–2022 (USD Million)
Table 21 Corn Market Size, By Region, 2015–2022 (KT)
Table 22 Grains Market Size, By Region, 2015–2022 (USD Million)
Table 23 Grains Market Size, By Region, 2015–2022 (KT)
Table 24 Fossil Fuels Market Size, By Region, 2015–2022 (USD Million)
Table 25 Fossil Fuels Market Size, By Region, 2015–2022 (KT)
Table 26 Other Sources Market Size, By Region, 2015–2022 (USD Million)
Table 27 Other Sources Market Size, By Region, 2015–2022 (KT)
Table 28 Industrial Alcohol Market Size, By Application, 2015–2022 (USD Million)
Table 29 Market Size, By Application, 2015–2022 (KT)
Table 30 Industrial Alcohol Market Size in Fuel, By Region, 2015–2022 (KT)
Table 31 Industrial Alcohol Market Size in Chemical Intermediates & Solvent, By Region, 2015–2022 (KT)
Table 32 Industrial Alcohol Market Size in Pharmaceuticals, By Region, 2015–2022 (KT)
Table 33 Industrial Alcohol Market Size in Personal Care Products, By Region, 2015–2022 (KT)
Table 34 Industrial Alcohol Market Size in Food Ingredients, By Region, 2015–2022 (KT)
Table 35 Industrial Alcohol Market Size in Other Applications, By Region, 2015–2022 (KT)
Table 36 Industrial Alcohol Market Size, By Region, 2015-2022 (USD Million)
Table 37 Market Size, By Region, 2015-2022 (KT)
Table 38 North America: Industrial Alcohol Market Size, By Type, 2015–2022 (USD Million)
Table 39 North America: Market Size, By Type, 2015–2022 (KT)
Table 40 North America: Industrial Alcohol Market Size, By Application, 2015–2022 (KT)
Table 41 North America: Industrial Alcohol Market Size, By Source, 2015–2022 (USD Million)
Table 42 North America: Market Size, By Source, 2015–2022 (KT)
Table 43 North America: Market Size, By Country, 2015–2022 (KT)
Table 44 Asia-Pacific: Industrial Alcohol Market Size, By Type, 2015–2022 (USD Million)
Table 45 Asia-Pacific: Market Size, By Type, 2015–2022 (KT)
Table 46 Asia-Pacific: Market Size, By Application, 2015–2022 (KT)
Table 47 Asia-Pacific: Industrial Alcohol Market Size, By Source, 2015–2022 (USD Million)
Table 48 Asia-Pacific: Market Size, By Source, 2015–2022 (KT)
Table 49 Asia-Pacific: Market Size, By Country, 2015–2022 (KT)
Table 50 Europe : Industrial Alcohol Market Size, By Type, 2015-2022 (USD Million)
Table 51 Europe: Market Size, By Type, 2015-2022, (KT)
Table 52 Europe: Industrial Alcohol Market Size, By Application, 2015-2022 (KT)
Table 53 Europe: Industrial Alcohol Market Size, By Source, 2015-2022 (USD Million
Table 54 Europe: Market Size, By Source, 2015-2022 (KT)
Table 55 Europe: Market Size, By Country, 2015–2022 (KT)
Table 56 South America: Industrial Alcohol Market Size, By Type, 2015-2022 (USD Million)
Table 57 South America: Market Size, By Type, 2015-2022 (KT)
Table 58 South America: Industrial Alcohol Market Size, By Application, 2015-2022 (KT)
Table 59 South America: Industrial Alcohol Market Size, By Source, 2015-2022 (USD Million)
Table 60 South America: Market Size, By Source, 2015-2022 (KT)
Table 61 South America: Market Size, By Country, 2015–2022 (KT)
Table 62 RoW: Industrial Alcohol Market, By Type, 2015–2022 (USD Million)
Table 63 RoW: Market, By Type, 2015–2022, (KT)
Table 64 RoW: Industrial Alcohol Market, By Application, 2015–2022 (KT)
Table 65 RoW: Industrial Alcohol Market, By Source, 2015–2022 (USD Million)
Table 66 RoW: Market, By Source, 2015–2022 (KT)
Table 67 RoW: Industrial Alcohol Market Size, By Country, 2015–2022 (KT)
Table 68 Global Industrial Alcohol Manufacturing Company Rankings, 2016
Table 69 Expansions & Investments, 2012–2017
Table 70 Acquisitions, 2016–2012
Table 71 Agreements & Joint Ventures, 2012–2016


List of Figures (66 Figures)

Figure 1 Market Segmentation
Figure 2 Industrial Alcohol Market: Research Design
Figure 3 Breakdown of Primaries, By Company Type, Designation, and Region
Figure 4 Increase in Global Per Capita Disposable Income, 2010–2014
Figure 5 Gradual Increase in the Sales of Light Vehicles in the U.S.,2006–2016
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
Figure 8 Data Triangulation & Methodology
Figure 9 Assumptions of the Research Study
Figure 10 Limitations of the Research Study
Figure 11 Increased Demand for Fuel to Drive the Market for Industrial Alcohol in 2017
Figure 12 Increased Demand for Ethyl Alcohol to Drive the Market for Industrial Alcohol in 2017
Figure 13 Asia-Pacific Market to Grow at the Highest Rate for Industrial Alcohol Through 2022
Figure 14 North America Dominated the Industrial Alcohol Market in 2016
Figure 15 Expansion & Investments and Acquisitions: the Key Strategies, 2012–2017
Figure 16 Industrial Alcohol Market Size 2017 vs 2022 (USD Billion)
Figure 17 Fuel Segment to Continue Dominating the Industrial Alcohol Market Through 2022
Figure 18 Ethyl Alcohol Accounted for the Largest Share in the North American Industrial Alcohol Market in 2016
Figure 19 Industrial Alcohol Market Growth Rate, By Country, 2017–2022
Figure 20 Industrial Alcohol Market Size, By Top Countries, 2017 vs 2022 (Million Tons)
Figure 21 Industrial Alcohol Market in the Asia-Pacific Region is Experiencing High Growth
Figure 22 Industrial Alcohol Market, By Type
Figure 23 Market, By Source
Figure 24 Market, By Application
Figure 25 Market, By Product Functionality
Figure 26 Market, By Processing Method
Figure 27 Market, By Purity
Figure 28 Market, By Region
Figure 29 Industrial Alcohol Market: Drivers, Restraints, Opportunities, and Challenges
Figure 30 Bioethanol to Be Dominant in the Biofuels Market (2015–2022)
Figure 31 Monthly Price Trend for Corn (2014–2016), USD/Ton
Figure 32 Monthly Price Trend for Wheat (2014–2016), USD/Ton
Figure 33 Industrial Alcohol Market Export Analysis (2015): U.S. is the Major Exporter of Ethyl Alcohol
Figure 34 Industrial Alcohol Market Import Analysis (2015): Germany is the Major Importer of Ethyl Alcohol
Figure 35 Value Chain Analysis of the Industrial Alcohol Market (2017): A Major Contribution is Witnessed From Processing
Figure 36 Supply Chain: Industrial Alcohol Market
Figure 37 Methyl Alcohol Segment is Projected to Dominate the Market, in Terms of Volume, Through 2022
Figure 38 Corn Segment to Dominate the Market Through 2022
Figure 39 Sugar & Molasses Market Size, By Region, 2017 vs 2022 (USD Million)
Figure 40 Corn Market Size, By Region, 2017 vs 2022 (USD Million)
Figure 41 Grains Market Size, By Region, 2017 vs 2022 (USD Million)
Figure 42 Fossil Fuels Market Size, By Region, 2017 vs 2022 (USD Million)
Figure 43 Other Sources Market Size, By Region, 2017 vs 2022 (USD Million)
Figure 44 Fuel Segment is Projected to Account for the Largest Share Among All Applications of Industrial Alcohol Through 2022 (USD Million)
Figure 45 Fuel Market Size, By Region, 2017 vs 2022 (KT)
Figure 46 Chemical Intermediates & Solvent Market Size, By Region, 2017 vs 2022 (KT)
Figure 47 Pharmaceuticals Market Size, By Region, 2017 vs 2022 (KT)
Figure 48 Personal Care Products Market Size, By Region, 2017 vs 2022 (KT)
Figure 49 Food Ingredients Market Size, By Region, 2017 vs 2022 (KT)
Figure 50 Industrial Alcohol Market Size in Other Applications, By Region, 2017 vs 2022 (KT)
Figure 51 North American Industrial Alcohol Market Snapshot
Figure 52 Asia-Pacific Industrial Alcohol Market Snapshot
Figure 53 Companies Preferred Strategies Such as Expansions & Investments, Agreements & Joint Ventures, and Acquisitions Over the Last Five Years
Figure 54 Expansions Fueled Growth & Widened the Geographic Presence
Figure 55 Expansions & Investments: the Key Strategies, 2012—2016
Figure 56 Cargill: Company Snapshot
Figure 57 Cargill: SWOT Analysis
Figure 58 Raizen Group: Company Snapshot
Figure 59 Raizen Energia: SWOT Analysis
Figure 60 Green Plains Inc: Company Snapshot
Figure 61 Green Plains Inc: SWOT Analysis
Figure 62 Cristalco: SWOT Analysis
Figure 63 MGP Ingredients: Company Snapshot
Figure 64 MGP Ingredients: SWOT Analysis
Figure 65 The Andersons Inc: Company Snapshot
Figure 66 Sigma Aldrich: Company Snapshot

The industrial alcohol market is projected to grow at a CAGR of 9.8%, in terms of value, from 2017 to reach a projected value of USD 180.83 Billion by 2022. The multifunctional nature of industrial alcohol, and increase in demand for biofuel are the main factors driving the industrial alcohol market. Increase in awareness with regard to the environment deterioration among the global population also fuels the demand for industrial alcohol.

The global market, on the basis of type, has been segmented into ethyl alcohol, methyl alcohol, isopropyl alcohol, isobutyl alcohol, benzyl alcohol, and others. The ethyl alcohol segment has emerged as the most widely used industrial alcohol owing to their multifunctional properties and their vast application in the energy sector as biofuel.

Based on source, the market is segmented into sugar & molasses, corn, grains (excluding corn), fossil fuels, and others. Corn is estimated to account for the largest market share in 2017. The global demand for industrial alcohol from fossil fuels is seen to witness an exponential increase. Since ethyl alcohol is the largest produced industrial alcohol, and U.S. is the main producer of ethyl alcohol from corn, corn is estimated to account for the largest share, among all other sources.

The global market has been segmented on the basis of application into fuel, chemical intermediates & solvents, pharmaceuticals, personal care products, food ingredients (excluding beverages), and others. Industrial alcohol has been gaining importance in the fuel segment with an increase in demand for biofuels and development of flex cars to boost the use of biofuels, for a safe environment.

North America is estimated to be the largest share in terms of value, in the global industrial alcohol market, in 2017. Positive knowledge of segments create a platform for innovative applications of industrial alcohol, and tapping the emerging markets in China, India, and Thailand leads to growth opportunities in Asia-Pacific.

Industrial Alcohol Market

The fluctuating supply of raw materials, which in turn affects the price of raw materials, restrains the market for industrial alcohol.

The leading players that dominated the industrial alcohol market include Cargill (U.S.), Raizen Energia (Brazil), Green Plains Inc. (U.S.), Cristalco (France), and MGP Ingredients (U.S.).

The key players have been exploring the market in new regions by adopting acquisitions, expansions, investments, and joint ventures as their preferred strategies. Key players have been investing in intensive R&D activities and also adopting expansions and acquisitions as a mode to enhance their production capacities, thus increasing the demand for industrial alcohol.

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