Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Industrial Alcohol Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Industrial Alcohol Industry in 2024 and 2025?
The size of the industrial alcohol market has been experiencing swift expansion lately. It is set to expand from $177.6 billion in 2024 to $195.78 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.2%. The historical growth trend in the Industrial Alcohol market has been upwards.
What Is the Projected Market Size of the Industrial Alcohol Market in 2029?
The Industrial Alcohol market is anticipated to expand to a size of $325.96 billion by 2029, growing at a compound annual growth rate (CAGR) of 13.6%.
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What Are the Key Drivers of Industrial Alcohol Market Growth?
The key Drivers in the industrial alcohol market are:
• Rising demand for biofuels among end-users
• Use of ethanol as a renewable energy source
• Utilization of biofuels in engine technology to decrease air pollution
• Continual commitment to incorporate ethanol into gasoline for sustainable fuel practices.
What Are the Primary Segmentation Categories in the Industrial Alcohol Market?
The industrial alcoholmarket covered in this report is segmented –
1) By Type: Isopropyl Alcohol, Methyl Alcohol, Ethyl Alcohol, Isobutyl Alcohol, Benzyl Alcohol
2) By Source: Molasses, Sugar, Grains, Fossil Fuels
3) By Processing Method: Fermentation, Synthetic
4) By Application: Fuel, Chemical Intermediates And Solvent, Pharmaceuticals, Personal care products, Food Ingredients
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What Are the Major Trends Shaping the Industrial Alcohol Market in 2025 and Beyond?
The key trends in the industrial alcohol market are:
• Innovation and diversification of product portfolios is a significant trend in the industrial alcohol market.
• The creation of unique alcohol blends using traditional botanicals is becoming increasingly popular.
• There is marked emphasis on developing products with complex flavor profiles.
• High-proof alcohol like vodka or grain alcohol is increasingly being used for steeping botanicals.
Who Are the Emerging Players in the Industrial Alcohol Market?
The key players in the industrial alcohol market are:
• Cargill Incorporated
• Cristalco SAS
• Raizen Energia SA
• MGP Ingredients Inc.
• Green plains Inc.
• Sigma-Aldrich
• Grain Millers Inc.
• The Andersons Inc.
• BASF SE
• Royal Dutch shell plc
• Exxon mobil corporation
• Univar Solutions
• BIRLA SUGAR
• Valero Energy Corporation
• Flint Hills Resources
• Roquette Freres SA
• Jiangsu Lianhai Biological Technology Co. Ltd.
• Shell Chemicals
• Cosan S.A.
• Celanese Corporation
• Novozymes A/S
• Solvay S.A.
• IG Petrochemicals
• Aemetis Inc.
• Vantage Oleochemicals
• Pannonia Bio
• ACI Alloys Inc.
Which Regions Are Leading the Growth in the Global Industrial Alcohol Market?
North America was the largest region in the industrial alcohol market in 2024
