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Global Absolute Ethanol Market: By Type: 80% – 90%, 90% - 100%; By Application: Medical, Cosmetics, Sanitary Products, Grease and Dye; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments
Global Absolute Ethanol Market Outlook
The global absolute ethanol market is expected to grow in the forecast period of 2022-2027 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.
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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.
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.
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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2021 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| 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, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| 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. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 Industry Opportunities and Challenges
8 Global Absolute Ethanol Market Analysis
8.1 Key Industry Highlights
8.2 Global Absolute Ethanol Historical Market (2017-2021)
8.3 Global Absolute Ethanol Market Forecast (2022-2027)
8.4 Global Absolute Ethanol Market by Type
8.4.1 80% – 90%
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 90% - 100%
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.1 Global Absolute Ethanol Market by Application
8.1.1 Medical
8.1.1.1 Market Share
8.1.1.2 Historical Trend (2017-2021)
8.1.1.3 Forecast Trend (2022-2027)
8.1.2 Cosmetics
8.1.2.1 Market Share
8.1.2.2 Historical Trend (2017-2021)
8.1.2.3 Forecast Trend (2022-2027)
8.1.3 Sanitary Products
8.1.3.1 Market Share
8.1.3.2 Historical Trend (2017-2021)
8.1.3.3 Forecast Trend (2022-2027)
8.1.4 Grease and Dye
8.1.4.1 Market Share
8.1.4.2 Historical Trend (2017-2021)
8.1.4.3 Forecast Trend (2022-2027)
8.2 Global Absolute Ethanol Market by Region
8.2.1 Market Share
8.2.1.1 North America
8.2.1.2 Europe
8.2.1.3 Asia Pacific
8.2.1.4 Latin America
8.2.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Spectrum Laboratory Products, Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 ITW Reagents Division
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Bio Basic, Inc.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 IBI Scientific
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Honeywell International Inc.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Beantown Chemical Corporation
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Alfa Aesar
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
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), 2017-2021
3. Global Absolute Ethanol Market Forecast: Breakup by Type (USD Billion), 2022-2027
4. Global Absolute Ethanol Historical Market: Breakup by Application (USD Billion), 2017-2021
5. Global Absolute Ethanol Market Forecast: Breakup by Application (USD Billion), 2022-2027
6. Global Absolute Ethanol Historical Market: Breakup by Region (USD Billion), 2017-2021
7. Global Absolute Ethanol Market Forecast: Breakup by Region (USD Billion), 2022-2027
8. North America Absolute Ethanol Historical Market: Breakup by Country (USD Billion), 2017-2021
9. North America Absolute Ethanol Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Europe Absolute Ethanol Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Europe Absolute Ethanol Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Asia Pacific Absolute Ethanol Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Asia Pacific Absolute Ethanol Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Latin America Absolute Ethanol Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Latin America Absolute Ethanol Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Middle East and Africa Absolute Ethanol Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Middle East and Africa Absolute Ethanol Market Forecast: Breakup by Country (USD Billion), 2022-2027
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 2022 and 2027.
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 2022-2027, 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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