Global Ethyl Alcohol Market Analysis, Trends & Forecasts 2018-2023, With a CAGR of 5% Estimated – ResearchAndMarkets.com

The "Global Ethyl Alcohol Market - Segmented by Grade, Purity, Application, and Geography - Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The ethyl alcohol market is estimated to witness a CAGR of approximately 5% during the forecast period 2018-2023.

With the increasing concerns related to the greenhouses gases (GHG) emission from fossil fuels, ethanol has emerged as a feasible alternative. Use of the corn-based ethanol can help to reduce GHG emissions from vehicles by 18% to 29% per mile traveled compared to the petroleum-based fuels.

Ethyl Alcohol is majorly consumed as a fuel. For the last several years, refiners add ethanol to fuel because it burns cleaner than pure gas which helps to reduce emissions. Additionally, the use of ethanol as a fuel helps to reduce the oil dependency. In the United States, more than 97% of the gasoline contains ethanol. E10, one of the most common blends, contains 90% gasoline and 10% ethanol in order to oxygenate fuel and reduce emission.

North America is expected to dominate the market during the forecast period, followed by South America. Whereas, Asia-Pacific is expected to witness the highest market growth owing to the increasing demand from the beverage and automotive industries. In Asia-Pacific, the consumption of alcohol has seen a substantial increase in past few years owing to the changing culture in the region.

Companies Mentioned

• Abengoa Bioenergy
• Advanced Bioenergy LLC
• Andersons Ethanol Group
• Archer Daniels Midland Company
• Aventine Renewable Energy
• Braskem
• British Petroleum
• Butamax Advanced Biofuels LLC
• Cargill Corporation
• Flint Hill Resources LP
• Green Plains Inc.
• INEOS
• Kirin Holding Company
• LyondellBasell Industries NV
• Mitsubishi Chemical Corporation
• Pacific Ethanol Inc.
• SABIC SAsol Limited
• Sigma-Aldrich
• Solvay Group
• The Andersons Ethanol Group
• Valero

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

9. Disclaimer

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