Industrial Alcohol Market by Product, Data Validation, Analysis and Forecast 2026
ReportsWeb.com published “Industrial Alcohol Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
(EMAILWIRE.COM, March 29, 2018 ) According to Publisher, the Global Industrial Alcohol Market is accounted for $126.91 billion in 2017 and expected to grow at a CAGR of 9.4% to reach $286.95 billion by 2026. Factors such as production of biofuels, demand of organic solvents, low-cost production of corn and sugarcane, alcohol leaves a smaller carbon footprint and research & development in the industrial alcohol sector will boost the market growth. However, volatility in raw material prices will hamper the market growth.
Based on Type, Methanol (Methyl Alcohol) is driven in large part of emerging energy applications. It is used as a chemical feedstock or as a transportation fuel. China emerged as the leading nation with respect to both methanol capacity and rapid economic growth. DME is primarily used as an aerosol propellant. A newer and rapid demand for methanol is in the production of light olefins (methanol-to-olefins, MTO). Methanol has significant volume of derivatives that compete as alternatives to crude oil derived products. The methanol market is very transparent.
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By Source, Corn is the largest grain crop in the world. Ethanol fuel becomes the most common bio-fuel worldwide which is derived mainly from, corn. Lower corn prices, heavy ethanol exports, and more blending requirements makes corn consumption in ethanol production.
North America is projected to dominate the market in terms of revenue, due to the ethanol blending requirement, and the biofuels volume requirement. Also, U.S. is a major exporter of ethanol. However, Asia Pacific is expected to witness the fastest growth, during the forecast period due to presence of large number of automobile manufacturers. China has started to import a significant amount of ethanol. Ethylene production in Southeast Asia has improved. Taiwan, Japan and Indonesia are the major markets for industrial alcohol.
Some of the key players in Global Industrial Alcohol market are Cargill Inc, Raízen Energia, Green Plains Inc., Cristalco, MGP Ingredients, The Andersons Inc., Grain Processing Corporation, Greenfield Specialty Alcohols, Flint Hills Resources, Sigma Aldrich, BASF SE and Eastman Chemical Company.
Sources Covered:
- Corn
- Fossil Fuels
- Grains
- Sugar & Molasses
- Other Sources
Purity Covered:
- Undenatured Alcohol
- Denatured Alcohol
For more information http://www.reportsweb.com/industrial-alcohol-global-market-outlook-2017-2026
Table of Contents
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Industrial Alcohol Market, By Source
6 Global Industrial Alcohol Market, By Purity
7 Global Industrial Alcohol Market, By Processing Method
8 Global Industrial Alcohol Market, By Type
9 Global Industrial Alcohol Market, By Functionality
10 Global Industrial Alcohol Market, By Application
11 Global Industrial Alcohol Market, By Geography
12 Key Developments
13 Company Profiling
13.1 Cargill Inc
13.2 Raízen Energia
13.3 Green Plains Inc.
13.4 Cristalco
13.5 MGP Ingredients
13.6 The Andersons Inc.
13.7 Grain Processing Corporation
13.8 Greenfield Specialty Alcohols
13.9 Flint Hills Resources
13.10 Sigma Aldrich
13.11 BASF SE
13.12 Eastman Chemical Company
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Based on Type, Methanol (Methyl Alcohol) is driven in large part of emerging energy applications. It is used as a chemical feedstock or as a transportation fuel. China emerged as the leading nation with respect to both methanol capacity and rapid economic growth. DME is primarily used as an aerosol propellant. A newer and rapid demand for methanol is in the production of light olefins (methanol-to-olefins, MTO). Methanol has significant volume of derivatives that compete as alternatives to crude oil derived products. The methanol market is very transparent.
Request Sample Copy http://www.reportsweb.com/inquiry&RW00011739629/sample
By Source, Corn is the largest grain crop in the world. Ethanol fuel becomes the most common bio-fuel worldwide which is derived mainly from, corn. Lower corn prices, heavy ethanol exports, and more blending requirements makes corn consumption in ethanol production.
North America is projected to dominate the market in terms of revenue, due to the ethanol blending requirement, and the biofuels volume requirement. Also, U.S. is a major exporter of ethanol. However, Asia Pacific is expected to witness the fastest growth, during the forecast period due to presence of large number of automobile manufacturers. China has started to import a significant amount of ethanol. Ethylene production in Southeast Asia has improved. Taiwan, Japan and Indonesia are the major markets for industrial alcohol.
Some of the key players in Global Industrial Alcohol market are Cargill Inc, Raízen Energia, Green Plains Inc., Cristalco, MGP Ingredients, The Andersons Inc., Grain Processing Corporation, Greenfield Specialty Alcohols, Flint Hills Resources, Sigma Aldrich, BASF SE and Eastman Chemical Company.
Sources Covered:
- Corn
- Fossil Fuels
- Grains
- Sugar & Molasses
- Other Sources
Purity Covered:
- Undenatured Alcohol
- Denatured Alcohol
For more information http://www.reportsweb.com/industrial-alcohol-global-market-outlook-2017-2026
Table of Contents
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Industrial Alcohol Market, By Source
6 Global Industrial Alcohol Market, By Purity
7 Global Industrial Alcohol Market, By Processing Method
8 Global Industrial Alcohol Market, By Type
9 Global Industrial Alcohol Market, By Functionality
10 Global Industrial Alcohol Market, By Application
11 Global Industrial Alcohol Market, By Geography
12 Key Developments
13 Company Profiling
13.1 Cargill Inc
13.2 Raízen Energia
13.3 Green Plains Inc.
13.4 Cristalco
13.5 MGP Ingredients
13.6 The Andersons Inc.
13.7 Grain Processing Corporation
13.8 Greenfield Specialty Alcohols
13.9 Flint Hills Resources
13.10 Sigma Aldrich
13.11 BASF SE
13.12 Eastman Chemical Company
Make an enquiry: http://www.reportsweb.com/inquiry&RW00011739629/buying
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results