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Absolute Ethanol Market

Global Absolute Ethanol Market Size, Share, Trends, Report: By Type: 80% – 90%, 90% - 100%; By Application: Medical, Cosmetics, Sanitary Products, Grease and Dye; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032

Global Absolute Ethanol Market Outlook

The global absolute ethanol market is expected to grow in the forecast period of 2024-2032 at a CAGR of 4.10%.

 

Medical Applications of Absolute Ethanol Driving the Growth of the Market

The growing market for absolute ethanol can be associated with its wide applications across different end-use industries, such as medical and cosmetics. Pure alcohol or absolute ethanol is widely used as an antiseptic and disinfectant in the medical industry. Ethanol is used as a primary ingredient in hand sanitisers and medical wipes to control the spread of bacteria. With the advent of the coronavirus pandemic in 2020, the robust demand for antibacterial hand sanitisers all over the world is providing impetus to the market growth of absolute ethanol.

 

Global Absolute Ethanol Market

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In addition to this, ethanol is used to disinfect surgical equipment and sterilise the skin before injections or surgeries. Thus, the wide applications of pure ethanol in the medical industry are stimulating the market growth. Furthermore, in the pharmaceutical industry, absolute ethanol is actively used to dissolve water-insoluble medication, such as liquid cold and cough medicine, which is bolstering the market growth.

 

Absolute Ethanol: Market Segmentation

Absolute ethanol is an alcohol that has contains less than 1% of solvent and about 99% of ethanol. It is a colourless liquid with pungent taste and odour. It is typically used in scientific research and development (R&D) activities. Absolute ethanol further finds its applications in various end-use industries like medical, molecular biology, and chemical, among others.

 

Global Absolute Ethanol Market

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On the basis of type, the market can be divided into:

  • 80% – 90%
  • 90% - 100%

Based on application, the market can be categorised into:

  • Medical
  • Cosmetics
  • Sanitary Products
  • Grease and Dye

The EMR report looks into the regional markets of absolute ethanol like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Rising Demand for Cleaner Engine Fuel to Bolster the Market Growth of Absolute Ethanol

Ethanol is popularly used as an engine fuel or additive fuel as it reduces greenhouse gas emissions, along with other ozone-forming pollutants. The global market for absolute ethanol is anticipated to be driven by the growing demand for cleaner fuel alternatives in the coming years. The rising levels of CO2 and GHG emissions in recent years caused by fuel combustion have propelled the imposition of stringent regulations mandating the use of sustainable and clean sources. This is a major factor expected to augment the growth of the market. Bioethanol is an inexpensive and climate-neutral alternative for gasoline and petroleum, which not only reduces harmful emissions but also increases fuel efficiency. This is another factor projected to contribute to the market growth of absolute ethanol in the coming years.

 

Global Absolute Ethanol Market

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Key Industry Players in the Global Absolute Ethanol Market

The report presents a detailed analysis of the following key players in the global absolute ethanol market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Spectrum Laboratory Products, Inc.
  • ITW Reagents Division
  • Bio Basic, Inc.
  • IBI Scientific
  • Honeywell International Inc.
  • Beantown Chemical Corporation
  • Alfa Aesar
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:'

  • Type
  • Application
  • Region
Breakup by Type
  • 80% – 90%
  • 90% - 100%
Breakup by Application
  • Medical
  • Cosmetics
  • Sanitary Products
  • Grease and Dye
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Spectrum Laboratory Products, Inc.
  • ITW Reagents Division
  • Bio Basic, Inc.
  • IBI Scientific
  • Honeywell International Inc.
  • Beantown Chemical Corporation
  • Alfa Aesar
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Absolute Ethanol Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Absolute Ethanol Historical Market (2018-2023) 
    8.3    Global Absolute Ethanol Market Forecast (2024-2032)
    8.4    Global Absolute Ethanol Market by Type
        8.4.1    80% – 90%
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    90% - 100%
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Absolute Ethanol Market by Application 
        8.5.1    Medical
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Cosmetics
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Sanitary Products
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Grease and Dye
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
    8.6    Global Absolute Ethanol Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032) 
9    North America Absolute Ethanol Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Absolute Ethanol Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Absolute Ethanol Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.2    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America  Absolute Ethanol Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Absolute Ethanol Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market  Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Spectrum Laboratory Products, Inc.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    ITW Reagents Division
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Bio Basic, Inc.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    IBI Scientific
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Honeywell International Inc.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Beantown Chemical Corporation
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Alfa Aesar
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Others
17    Key Trends and Developments in the Market
 

List of Key Figures and Tables

1.    Global Absolute Ethanol Market: Key Industry Highlights, 2017 and 2026
2.    Global Absolute Ethanol Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Absolute Ethanol Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Absolute Ethanol Historical Market: Breakup by Application (USD Billion), 2018-2023
5.    Global Absolute Ethanol Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.    Global Absolute Ethanol Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Absolute Ethanol Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Absolute Ethanol Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Absolute Ethanol Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Absolute Ethanol Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Absolute Ethanol Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Absolute Ethanol Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Absolute Ethanol Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Absolute Ethanol Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Absolute Ethanol Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Absolute Ethanol Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Absolute Ethanol Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Absolute Ethanol Market Structure

Key Questions Answered in the Report

The global absolute ethanol market is projected to grow at a CAGR of 4.10% between 2024 and 2032.

The market is being driven by the wide applications of absolute ethanol in the medical industry in the form of disinfectants and antiseptics.

The market is anticipated to be defined by the rising demand for bioethanol as a clean burning fuel to reduce carbon and greenhouse gas emissions.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major types of absolute ethanol are 80%-90% and 90%-100%.

The significant applications of absolute ethanol include medical, cosmetics, sanitary products, and grease and dye.

The major players in the industry are Spectrum Laboratory Products, Inc., ITW Reagents Division, Bio Basic, Inc., IBI Scientific, Honeywell International Inc., Beantown Chemical Corporation, and Alfa Aesar, among others.

Analyst Review

The global absolute ethanol market is being driven by the rising applications of the product in the medical sector. Aided by the increasing demand for clean burning fuels, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 4.10%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market can be divided into 80%-90% and 90%-100%. The market, based on application, can be segmented into medical, cosmetics, sanitary products, and grease and dye. The major regional markets for absolute ethanol are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Spectrum Laboratory Products, Inc., ITW Reagents Division, Bio Basic, Inc., IBI Scientific, Honeywell International Inc., Beantown Chemical Corporation, and Alfa Aesar, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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