Non-grade alcohols are used in numerous industries, and innovations are being carried out for its application in the cosmetics and healthcare industry. Ethyl alcohol has found a profound place as a non-grade fuel in various sectors. Other prominent alcohols are used as non-grade alcohol in a wide range of industries like food & beverages, pharmaceuticals, as chemical solvents and many other applications. The advances in the applications of non-fuel alcohols are projected to take a swift hype in the market globally.
MARKET DYNAMICS
The non-fuel grade alcohol market is projected to grow in the forecast period owing to improvements in the excellence of non-fuel grade alcohol coupled with raising application of ethyl alcohol in the food and beverages industry. The increasing demand for industrial grade ethyl alcohol has boosted the growth of the non-fuel grade alcohol market. However, the fluctuations in the raw material prices, restrict the growth of the non-fuel grade alcohol market. On the other h and , innovation in application of non-fuel grade alcohol in the cosmetics & personal care industry is likely to showcase growth opportunities for the non-fuel grade alcohol market during the forecast period.
MARKET SCOPE
The "Global Non-Fuel Grade Alcohol Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of non-fuel grade alcohol market with detailed market segmentation by type, end-use industry, and geography. The global non-fuel grade alcohol market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading non-fuel grade alcohol market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global non-fuel grade alcohol market is segmented on the basis of type and end-use industry. Based on type, the market is segmented as food grade, pharmaceutical grade, lab grade, industrial grade, and others. On the basis of end-use industry, the market is segmented as food & beverages, pharmaceuticals, cosmetics & personal care, chemical solvent, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global non-fuel grade alcohol market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The non-fuel grade alcohol market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting non-fuel grade alcohol market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the non-fuel grade alcohol market in these regions.
MARKET PLAYERS
The reports cover key developments in the non-fuel grade alcohol market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from non-fuel grade alcohol market are anticipated to lucrative growth opportunities in the future with the rising demand for non-fuel grade alcohol in the global market. Below mentioned is the list of few companies engaged in the non-fuel grade alcohol market.
The report also includes the profiles of key non-fuel grade alcohol companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Archer Daniels Midl and Company
- Cargill, Incorporated
- CropEnergies AG
- Godavari Biorefineries Ltd
- LyondellBasell Industries Holdings BV
- Merck KGaA
- Pannonia Bio
- Sasol
- Solvay AG
- Wilmar Bioethanol
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