Global Ethyl Alcohol (Ethanol) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Grade;

Food Grade, Industrial Grade, Pharmaceutical Grade, and Lab Grade.

By Purity;

Undenatured Ethanol and Denatured Ethanol.

By Application;

Industrial Solvent, Fuel/Fuel Additive, Bacteriacide/Disinfectant, Beverages, Personal Care, and Other Applications.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn107402355 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Ethyl Alcohol (Ethanol) Market (USD Million), 2021 - 2031

In the year 2024, the Global Ethyl Alcohol (Ethanol) Market was valued at USD 579,494.60 million. The size of this market is expected to increase to USD 907,892.00 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.6%.

The global ethyl alcohol (ethanol) market is a dynamic sector characterized by significant growth and transformation. Ethanol, a versatile and renewable alcohol, is predominantly produced from biomass and is used across various industries, including pharmaceuticals, personal care, and, most notably, the fuel sector. The market has been expanding due to the rising demand for eco-friendly and sustainable alternatives to fossil fuels, leading to increased adoption of ethanol as a biofuel. This trend is driven by stringent environmental regulations and a growing emphasis on reducing carbon emissions.

In addition to its role as a fuel additive, ethanol's applications in industrial solvents, chemical intermediates, and as a key ingredient in alcoholic beverages contribute to its market growth. The shift towards cleaner energy sources, supported by government incentives and technological advancements, has also bolstered the demand for ethanol. Regions such as North America, South America, and Europe are leading producers and consumers of ethanol, with Brazil and the United States being major players due to their extensive production facilities and substantial agricultural resources. The market is further influenced by fluctuations in raw material prices, advancements in production technologies, and evolving consumer preferences.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Grade
    2. Market Snapshot, By Purity
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Ethyl Alcohol (Ethanol) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Eco-friendly alternatives
        2. Renewable resources
        3. Sustainable energy
      2. Restraints
        1. Raw material price volatility
        2. Production costs
        3. Supply chain disruptions
      3. Opportunities
        1. Growing biofuel demand
        2. Technological innovations
        3. Expanding industrial applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Ethyl Alcohol (Ethanol) Market, By Grade, 2021 - 2031 (USD Million)
      1. Food Grade
      2. Industrial Grade
      3. Pharmaceutical Grade
      4. Lab Grade
    2. Global Ethyl Alcohol (Ethanol) Market, By Purity, 2021 - 2031 (USD Million)
      1. Undenatured Ethanol
      2. Denatured Ethanol
    3. Global Ethyl Alcohol (Ethanol) Market, By Application, 2021 - 2031 (USD Million)
      1. Industrial Solvent
      2. Fuel/Fuel Additive
      3. Bacteriacide/Disinfectant
      4. Beverages
      5. Personal Care
      6. Other Applications
    4. Global Ethyl Alcohol (Ethanol) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. HPCL Biofuels Limited
      2. Advanced Bioenergy LLC
      3. Andersons Ethanol Group
      4. Archer Daniels Midland Company
      5. Aventine Renewable Energy
      6. Braskem
      7. British Petroleum
      8. Butamax Advanced Biofuels LLC
      9. Cargill Corporation
      10. Flint Hill Resources LP
      11. Green Plains Inc.
      12. INEOS
      13. Kirin Holding Company
      14. LyondellBasell Industries NV
      15. Mitsubishi Chemical Corporation
      16. Pacific Ethanol Inc.
  7. Analyst Views
  8. Future Outlook of the Market