The global Industrial Alcohol market size is estimated to be $86.7 billion in 2023, and Market IntelliX analysts predict it will reach $145.7 billion by 2031, growing at a CAGR of 6.7% during the forecast period from 2023 to 2031.
This report studies the Industrial Alcohol market, covering market size for segment by type (Completely Denatured Alcohol (CDA), Specially Denatured Alcohol (SDA), etc.), by application (Cleaner & Solvent, Thinner, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Cargill, ADM, Green Plains, Grain Millers, Willmar Group, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
This report provides detailed historical analysis of global market for Industrial Alcohol from 2018-2023, and provides extensive market forecasts from 2024-2031 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Industrial Alcohol market.
Leading Players of Industrial Alcohol including:
Cargill
ADM
Green Plains
Grain Millers
Willmar Group
MGP Ingredients
Cristalco
Raizen Energia
Greenfield
Sherwin-Williams
Recochem
Warner Graham Company
Tangshan Jidong Solvent
Jiangsu Lianhai
Jilin Alcohol Group
Market split by Type:
Completely Denatured Alcohol (CDA)
Specially Denatured Alcohol (SDA)
Market split by Application:
Cleaner & Solvent
Thinner
Fuel/Fuel Additives
Personal Care & Cosmetics
Pharmaceuticals
Market split by Sales Channel:
Direct Channel
Distribution Channel
Market split by Region/Country:
North America (United States and Canada)
Europe (Germany, UK, France, Italy, Spain, and Russia, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia, etc.)
South America (Brazil, Mexico, and Argentina, etc.)
Middle East & Africa (Turkey, UAE, Saudi Arabia, and South Africa, etc.)
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Chapter 1 Industrial Alcohol Market Overview
1.1 Industrial Alcohol Definition
1.2 Global Industrial Alcohol Market Size Status and Outlook (2018-2031)
1.3 Global Industrial Alcohol Market Size Comparison by Region (2018-2031)
1.4 Global Industrial Alcohol Market Size Comparison by Type (2018-2031)
1.5 Global Industrial Alcohol Market Size Comparison by Application (2018-2031)
1.6 Global Industrial Alcohol Market Size Comparison by Sales Channel (2018-2031)
1.7 Industrial Alcohol Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Merger/Acquisition/Expansion)
1.7.4 Key Trends in Industrial Alcohol Market
Chapter 2 Industrial Alcohol Market Competition by Player
2.1 Global Industrial Alcohol Sales and Market Share by Player (2021-2023)
2.2 Global Industrial Alcohol Revenue and Market Share by Player (2021-2023)
2.3 Global Industrial Alcohol Average Price by Player (2021-2023)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 Industrial Alcohol Market Segment by Type
3.1 Global Industrial Alcohol Market by Type
3.1.1 Completely Denatured Alcohol (CDA)
3.1.2 Specially Denatured Alcohol (SDA)
3.2 Global Industrial Alcohol Sales and Market Share by Type (2018-2023)
3.3 Global Industrial Alcohol Revenue and Market Share by Type (2018-2023)
3.4 Global Industrial Alcohol Average Price by Type (2018-2023)
3.5 Conclusion of Segment by Type
Chapter 4 Industrial Alcohol Market Segment by Application
4.1 Global Industrial Alcohol Market by Application
4.1.1 Cleaner & Solvent
4.1.2 Thinner
4.1.3 Fuel/Fuel Additives
4.1.4 Personal Care & Cosmetics
4.1.5 Pharmaceuticals
4.2 Global Industrial Alcohol Revenue and Market Share by Application (2018-2023)
4.3 Conclusion of Segment by Application
Chapter 5 Industrial Alcohol Market Segment by Sales Channel
5.1 Global Industrial Alcohol Market by Sales Channel
5.1.1 Direct Channel
5.1.2 Distribution Channel
5.2 Global Industrial Alcohol Revenue and Market Share by Sales Channel (2018-2023)
5.3 Conclusion of Segment by Sales Channel
Chapter 6 Industrial Alcohol Market Segment by Region & Country
6.1 Global Industrial Alcohol Market Size and CAGR by Region (2018-2031)
6.2 Global Industrial Alcohol Sales and Market Share by Region (2018-2023)
6.3 Global Industrial Alcohol Revenue and Market Share by Region (2018-2023)
6.4 North America
6.4.1 North America Market by Country
6.4.2 North America Industrial Alcohol Market Share by Type
6.4.3 North America Industrial Alcohol Market Share by Application
6.4.4 United States
6.4.5 Canada
6.5 Europe
6.5.1 Europe Market by Country
6.5.2 Europe Industrial Alcohol Market Share by Type
6.5.3 Europe Industrial Alcohol Market Share by Application
6.5.4 Germany
6.5.5 UK
6.5.6 France
6.5.7 Italy
6.5.8 Spain
6.5.9 Russia
6.6 Asia-Pacific
6.6.1 Asia-Pacific Market by Country
6.6.2 Asia-Pacific Industrial Alcohol Market Share by Type
6.6.3 Asia-Pacific Industrial Alcohol Market Share by Application
6.6.4 China
6.6.5 Japan
6.6.6 Korea
6.6.7 India
6.6.8 Southeast Asia
6.6.9 Australia
6.7 South America
6.7.1 South America Market by Country
6.7.2 South America Industrial Alcohol Market Share by Type
6.7.3 South America Industrial Alcohol Market Share by Application
6.7.4 Brazil
6.7.5 Mexico
6.7.6 Argentina
6.7.7 Colombia
6.8 Middle East & Africa
6.8.1 Middle East & Africa Market by Country
6.8.2 Middle East & Africa Industrial Alcohol Market Share by Type
6.8.3 Middle East & Africa Industrial Alcohol Market Share by Application
6.8.4 Turkey
6.8.5 UAE
6.8.6 Saudi Arabia
6.8.7 South Africa
6.9 Conclusion of Segment by Region
Chapter 7 Profile of Leading Industrial Alcohol Players
7.1 Cargill
7.1.1 Company Snapshot
7.1.2 Product/Service Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.2 ADM
7.3 Green Plains
7.4 Grain Millers
7.5 Willmar Group
7.6 MGP Ingredients
7.7 Cristalco
7.8 Raizen Energia
7.9 Greenfield
7.10 Sherwin-Williams
7.11 Recochem
7.12 Warner Graham Company
7.13 Tangshan Jidong Solvent
7.14 Jiangsu Lianhai
7.15 Jilin Alcohol Group
Chapter 8 Upstream and Downstream Analysis of Industrial Alcohol
8.1 Industrial Chain of Industrial Alcohol
8.2 Upstream of Industrial Alcohol
8.3 Downstream of Industrial Alcohol
Chapter 9 Development Trend of Industrial Alcohol (2024-2031)
9.1 Global Industrial Alcohol Market Size (Sales and Revenue) Forecast (2024-2031)
9.2 Global Industrial Alcohol Market Size and CAGR Forecast by Region (2024-2031)
9.3 Global Industrial Alcohol Market Size and CAGR Forecast by Type (2024-2031)
9.4 Global Industrial Alcohol Market Size and CAGR Forecast by Application (2024-2031)
9.5 Global Industrial Alcohol Market Size and CAGR Forecast by Sales Channel (2024-2031)
Chapter 10 Appendix
10.1 Research Methodology
10.2 Data Sources
10.3 Disclaimer
10.4 Analysts Certification
List of Tables and Figures
Figure Industrial Alcohol Example
Figure Global Industrial Alcohol Revenue (Million $) Status and Outlook (2018-2031)
Figure Global Industrial Alcohol Revenue (Million $) Comparison by Region (2018-2031)
Figure Global Industrial Alcohol Revenue (Million $) Comparison by Type (2018-2031)
Figure Global Industrial Alcohol Revenue (Million $) Comparison by Application (2018-2031)
Figure Global Industrial Alcohol Revenue (Million $) Comparison by Sales Channel (2018-2031)
Table Global Industrial Alcohol Sales by Player (2021-2023)
Table Global Industrial Alcohol Sales Market Share by Player (2021-2023)
Figure Global Industrial Alcohol Sales Market Share by Player in 2023
Table Global Industrial Alcohol Revenue (Million $) by Player (2021-2023)
Table Global Industrial Alcohol Revenue Market Share by Player (2021-2023)
Figure Global Industrial Alcohol Revenue Market Share by Player in 2023
Table Global Industrial Alcohol Average Price by Player (2021-2023)
Figure Global Industrial Alcohol Average Price by Player in 2023
Figure Global Industrial Alcohol Players Competition Situation – Top 5 Players’ Revenue Market Share in 2021
Figure Global Industrial Alcohol Players Competition Trends – Top 5 Players’ Revenue Market Share in 2023
Figure Example of Completely Denatured Alcohol (CDA)
Figure Global Completely Denatured Alcohol (CDA) Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Specially Denatured Alcohol (SDA)
Figure Global Specially Denatured Alcohol (SDA) Revenue (Million $) and Growth Rate (2018-2023)
Table Global Industrial Alcohol Sales by Type (2018-2023)
Table Global Industrial Alcohol Sales Market Share by Type (2018-2023)
Figure Global Industrial Alcohol Sales Market Share by Type in 2023
Table Global Industrial Alcohol Revenue (Million $) by Type (2018-2023)
Table Global Industrial Alcohol Revenue Market Share by Type (2018-2023)
Figure Global Industrial Alcohol Revenue Market Share by Type in 2023
Table Global Industrial Alcohol Average Price by Type (2018-2023)
Figure Global Industrial Alcohol Average Price by Type in 2023
Table Leading Players of Industrial Alcohol by Type in 2023
Figure Example of Cleaner & Solvent
Figure Global Industrial Alcohol for Cleaner & Solvent Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Thinner
Figure Global Industrial Alcohol for Thinner Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Fuel/Fuel Additives
Figure Global Industrial Alcohol for Fuel/Fuel Additives Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Personal Care & Cosmetics
Figure Global Industrial Alcohol for Personal Care & Cosmetics Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Pharmaceuticals
Figure Global Industrial Alcohol for Pharmaceuticals Revenue (Million $) and Growth Rate (2018-2023)
Table Global Industrial Alcohol Sales by Application (2018-2023)
Table Global Industrial Alcohol Sales Market Share by Application (2018-2023)
Figure Global Industrial Alcohol Sales Market Share by Application in 2023
Table Leading Consumers of Industrial Alcohol by Application in 2023
Figure Example of Direct Channel
Figure Global Industrial Alcohol for Direct Channel Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Distribution Channel
Figure Global Industrial Alcohol for Distribution Channel Revenue (Million $) and Growth Rate (2018-2023)
Table Global Industrial Alcohol Revenue by Sales Channel (2018-2023)
Table Global Industrial Alcohol Revenue Market Share by Sales Channel (2018-2023)
Figure Global Industrial Alcohol Revenue Market Share by Sales Channel in 2023
Table Leading Distributors/Dealers of Industrial Alcohol by Sales Channel in 2023
Table Global Industrial Alcohol Market Size and CAGR by Region (2018-2031)
Table Global Industrial Alcohol Sales by Region (2018-2023)
Table Global Industrial Alcohol Sales Market Share by Region (2018-2023)
Figure Global Industrial Alcohol Sales Market Share by Region in 2023
Table Global Industrial Alcohol Revenue (Million $) by Region (2018-2023)
Table Global Industrial Alcohol Revenue Market Share by Region (2018-2023)
Figure Global Industrial Alcohol Revenue Market Share by Region in 2023
Table North America Industrial Alcohol Sales by Country (2018-2023)
Figure North America Industrial Alcohol Sales Market Share by Country (2018-2023)
Table North America Industrial Alcohol Revenue by Country (2018-2023)
Figure North America Industrial Alcohol Revenue Market Share by Country (2018-2023)
Figure North America Industrial Alcohol Market Share by Type in 2023
Figure North America Industrial Alcohol Market Share by Application in 2023
Figure United States Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure United States Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Figure Canada Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure Canada Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Table Europe Industrial Alcohol Sales by Country (2018-2023)
Figure Europe Industrial Alcohol Sales Market Share by Country (2018-2023)
Table Europe Industrial Alcohol Revenue by Country (2018-2023)
Figure Europe Industrial Alcohol Revenue Market Share by Country (2018-2023)
Figure Europe Industrial Alcohol Market Share by Type in 2023
Figure Europe Industrial Alcohol Market Share by Application in 2023
Figure Germany Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure Germany Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Figure UK Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure UK Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Figure France Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure France Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Figure Italy Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure Italy Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Figure Spain Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure Spain Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Figure Russia Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure Russia Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Table Asia-Pacific Industrial Alcohol Sales by Country (2018-2023)
Figure Asia-Pacific Industrial Alcohol Sales Market Share by Country (2018-2023)
Table Asia-Pacific Industrial Alcohol Revenue by Country (2018-2023)
Figure Asia-Pacific Industrial Alcohol Revenue Market Share by Country (2018-2023)
Figure Asia-Pacific Industrial Alcohol Market Share by Type in 2023
Figure Asia-Pacific Industrial Alcohol Market Share by Application in 2023
Figure China Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure China Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Figure Japan Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure Japan Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Figure Korea Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure Korea Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Figure India Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure India Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Figure Southeast Asia Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure Southeast Asia Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Figure Australia Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure Australia Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Table South America Industrial Alcohol Sales by Country (2018-2023)
Figure South America Industrial Alcohol Sales Market Share by Country (2018-2023)
Table South America Industrial Alcohol Revenue by Country (2018-2023)
Figure South America Industrial Alcohol Revenue Market Share by Country (2018-2023)
Figure South America Industrial Alcohol Market Share by Type in 2023
Figure South America Industrial Alcohol Market Share by Application in 2023
Figure Brazil Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure Brazil Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Figure Mexico Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure Mexico Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Figure Argentina Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure Argentina Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Figure Colombia Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure Colombia Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Table Middle East & Africa Industrial Alcohol Sales by Country (2018-2023)
Figure Middle East & Africa Industrial Alcohol Sales Market Share by Country (2018-2023)
Table Middle East & Africa Industrial Alcohol Revenue by Country (2018-2023)
Figure Middle East & Africa Industrial Alcohol Revenue Market Share by Country (2018-2023)
Figure Middle East & Africa Industrial Alcohol Market Share by Type in 2023
Figure Middle East & Africa Industrial Alcohol Market Share by Application in 2023
Figure Turkey Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure Turkey Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Figure UAE Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure UAE Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Figure Saudi Arabia Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure Saudi Arabia Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Figure South Africa Industrial Alcohol Sales and Growth Rate (2018-2023)
Figure South Africa Industrial Alcohol Revenue (Million $) and Growth Rate (2018-2023)
Table Company Snapshot of Cargill
Table Industrial Alcohol Introduction of Cargill
Table Industrial Alcohol Sales, Price, Revenue, Gross Margin and Market Share of Cargill (2021-2023)
Table Industrial Chain of Industrial Alcohol
Table Leading Consumers of Industrial Alcohol
Figure Global Industrial Alcohol Sales and Growth Rate Forecast (2024-2031)
Figure Global Industrial Alcohol Revenue and Growth Rate Forecast (2024-2031)
Table Global Industrial Alcohol Market Size and CAGR Forecast by Region (2024-2031)
Table Global Industrial Alcohol Market Size and CAGR Forecast by Type (2024-2031)
Table Global Industrial Alcohol Market Size and CAGR Forecast by Application (2024-2031)
Table Global Industrial Alcohol Market Size and CAGR Forecast by Sales Channel (2024-2031)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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