Ethylene alcohol also known as ethanol, ethyl alcohol, grain alcohol, or alcohol, a member of a class of organic compounds having molecular formula as C2H5OH. It is a principle ingredient in alcoholic beverages like beer, wine or brandy. As it can readily dissolve in water and other organic compounds, ethanol also is an ingredient in a wide range of products, from beauty products and personal care to paints and varnishes to fuel.
MARKET DYNAMICS
The ethylene alcohol market is anticipated to grow in the forecast period owing to improvements in the quality of ethylene alcohol coupled with increasing demand for bioethanol. Increasing use of alcohol in a wide spectrum of applications has boosted the growth of the ethylene alcohol market. However, the fluctuating price of raw material restricts the growth of the ethylene alcohol market. On the other hand, the advent of greener ethyl alcohol sources and surging demand to produce ethanol from corn and sugar are likely to showcase growth opportunities for the ethylene alcohol market during the forecast period.
MARKET SCOPE
The "Global Ethylene 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 ethylene alcohol market with detailed market segmentation by source, type, purity, functionality, applications, and geography. The global ethylene alcohol market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading ethylene alcohol market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global ethylene alcohol market is segmented on the basis of source, type, purity, functionality, processing method and applications. Based on source, the market is segmented as sugar & molasses, corn, grains, fossil fuels, and other sources. On the basis of type, the market is segmented as ethyl alcohol, methyl alcohol, isopropyl alcohol, isobutyl alcohol, benzyl alcohol, and other types. On the basis of purity, the market is segmented as denatured alcohol, and undenatured alcohol. On the basis of functionality, the market is segmented as antimicrobial activity, fragrant/flavoring agents, solubility, antifreeze, flammability & volatility. On the basis of application, the market is segmented as fuel, chemical intermediates & solvent, pharmaceuticals, personal care products, food ingredients, and other applications.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global ethylene 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 ethylene 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 ethylene 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 ethylene alcohol market in these regions.
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MARKET PLAYERSThe reports cover key developments in the ethylene 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 ethylene alcohol market are anticipated to lucrative growth opportunities in the future with the rising demand for ethylene alcohol in the global market. Below mentioned is the list of few companies engaged in the ethylene alcohol market.
The report also includes the profiles of key ethylene 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 Midland Company
-Cargill
-Cristalco
-Flint Hills Resources
-Grain Processing Corporation
-Green Plains Inc.
-Greenfield Specialty Alcohols
-Raízen Energia
-Sigma Aldrich
-The Andersons Inc.
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