MARKET INTRODUCTION

Extra neutral alcohol (ENA) is the principal raw material and an essential ingredient used in the production of potable alcohol, perfumes, toiletries, paints, lacquers, antiseptics, medical sprays, drugs, and other products. It is usually distilled from molasses or grains and distilled multiple times to produce the desired colorless and odorless alcohol. Extra neutral alcohol contains about 95 percent of alcohol by volume. It is an excellent solvent and hence is used in industrial applications to produce paints, coatings, and inks.

MARKET DYNAMICS

The growing consumption of alcohol, increasing disposable incomes, rise in club culture in urban areas around the world, and the proliferation of clubs, lounges, and bars has given an impetus to the alcohol industries. The steadily growing alcohol industry has subsequently created a conducive business environment for the allied extra neutral alcohol industry. The growing consumer preference for branded liquors over country liquors has fostered the growth of the extra neutral alcohol industry. The uses of extra neutral alcohol as volatile carriers of fragrances and solvents have led to their uses in perfumes and sprays in the cosmetic and personal care industry. Moreover, the widespread applications of extra neutral alcohol in various consumer goods such as air fresheners, colognes, detergents, syrups, etc. are expected to drive the extra neutral alcohol in the forecast period.

MARKET SCOPE

The "Global Extra Neutral Alcohol (ENA) Market Analysis to 2027" 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 the extra neutral alcohol (ENA) market with detailed market segmentation by raw material, applications, and geography. The global extra neutral alcohol (ENA) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading extra neutral alcohol (ENA) market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global extra neutral alcohol (ENA) market is segmented on the basis of raw material and applications. On the basis of raw material, the extra neutral alcohol (ENA) market is segmented into, grain-based and sugarcane-based. On the basis of application, the market is bifurcated into, potable alcohol, flavors and fragrances, pharmaceuticals, cosmetics, 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 extra neutral alcohol (ENA) market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The extra neutral alcohol (ENA) 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 the extra neutral alcohol (ENA) 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 America after evaluating political, economic, social and technological factors affecting the extra neutral alcohol (ENA) market in these regions.

MARKET PLAYERS

The reports cover key developments in the extra neutral alcohol (ENA) 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 way for the expansion of business and customer base of market players. The market payers from extra neutral alcohol (ENA) market are anticipated to lucrative growth opportunities in the future with the rising demand for extra neutral alcohol (ENA) in the global market. Below mentioned is the list of few companies engaged in the extra neutral alcohol (ENA) market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the extra neutral alcohol (ENA) market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

- Agrochemical and Food Company Ltd (AFCL)
- Greenpoint Alcohols
- Illovo Sugar Ltd.
- Kakira Sugar Works Ltd (KSW)
- Mumias Sugar Company
- NCP Alcohols
- Sasol Solvents
- Swift Chemicals
- Tag Solvent Products
- USA Distillers