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Global Extra Neutral Alcohol (ENA) Market: By Raw Material: Grain Based, Sugarcane Based, Others; By End Use: Alcoholic Beverages, Flavours and Fragrances, Pharmaceuticals, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Extra Neutral Alcohol (ENA) Market Outlook
The global extra neutral alcohol (ENA) market attained a value of about USD 8.49 billion in 2021. The global extra neutral alcohol market is expected to grow at a CAGR of 6.25% in the forecast period of 2023-2028 to attain nearly USD 12.22 billion by 2027.
Growth Within the Asia Pacific Region to Propel the Market Growth of Extra Neutral Alcohol (ENA)
The Asia Pacific region represents a significant share of the extra neutral alcohol (ENA) industry. This can be attributed to the extensive production of extra neutral alcohol (ENA) in the region. The expansion of the alcohol industry in countries such as India and China in the region is also propelling the market growth. With the growing manufacturing of extra neutral alcohol (ENA) to meet the rising demand, the market is poised to grow robustly.
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Meanwhile, North America and Europe are expected to account for considerable portions of the extra neutral alcohol (ENA) industry in terms of intake. Since countries in the regions have many extra neutral alcohol (ENA) manufacturers and distillers who sell alcoholic drinks, they are expected to build lucrative prospects in the extra neutral alcohol (ENA) sector.
Extra Neutral Alcohol (ENA): Market Segmentation
Extra neutral alcohol (ENA) is the purest version of alcohol that is typically made from molasses or grains. It is refined several times to obtain colourless and odourless properties. It is a key component in manufacturing potable alcohol, perfumes, toiletries, oils, lacquers, antiseptics, dental sprays, and medications, among others. By volume, extra neutral alcohol (ENA) absorbs around 95% alcohol. It is an excellent solvent and is used to make paints, coatings, and inks in the manufacturing sector.
The market is divided in terms of raw material into:
- Grain Based
- Sugarcane Based
- Others
The market is broadly categorised on the basis of its end use into:
- Alcoholic Beverages
- Flavours and Fragrances
- Pharmaceuticals
- Cosmetics
- Others
The EMR report looks into the regional markets of extra neutral alcohol (ENA) like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Extensive Demand for Extra Neutral Alcohol (ENA) in Various End Use Industries to Aid the Market Growth
Various alcohol companies are extensively benefitting from the increasing alcohol consumption, the rising disposable incomes, the growth of party culture in metropolitan areas around the world, and the penetration of pubs, lounges, and bars. This, in turn, is augmenting the growth of the beer industry and the surging demand for extra neutral alcohol (ENA), therefore invigorating the growth of the extra neutral alcohol (ENA) industry. Moreover, the market growth of extra neutral alcohol (ENA) can be attributed to the increasing preference for labelled liquors over country liquors.
The growing use of extra neutral alcohol (ENA) as a carrier of fragrances and solvents in the cosmetic and personal care industry is fuelling the growth of the market. With the rising demand for cosmetic and personal care products like hair sprays and toiletries, among others, the market is witnessing rapid growth. Furthermore, the widespread use of extra neutral alcohol in various consumer goods, such as air fresheners, colognes, detergents, syrups, and other products is projected to fuel the market in the forecast timeframe.
Key Industry Players in the Global Extra Neutral Alcohol (ENA) Market
The report gives a detailed analysis of the following key players in the global extra neutral alcohol (ENA) market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Illovo Sugar Africa (Pty) Ltd.
- NCP Alcohols (Pty) Ltd.
- Godavari Biorefineries Ltd
- India Glycols Limited
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. 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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Raw Material, End Use, Region |
| Breakup by Raw Material | Grain Based, Sugarcane Based, Others |
| Breakup by End Use | Alcoholic Beverages, Flavours and Fragrances, Pharmaceuticals, Cosmetics, Others |
| 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 | Illovo Sugar Africa (Pty) Ltd., NCP Alcohols (Pty) Ltd., Godavari Biorefineries Ltd, India Glycols Limited, 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 Extra Neutral Alcohol (ENA) Market Analysis
8.1 Key Industry Highlights
8.2 Global Extra Neutral Alcohol (ENA) Historical Market (2018-2022)
8.3 Global Extra Neutral Alcohol (ENA) Market Forecast (2023-2028)
8.4 Global Extra Neutral Alcohol (ENA) Market by Raw Material
8.4.1 Grain Based
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Sugarcane Based
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Others
8.5 Global Extra Neutral Alcohol (ENA) Market by End Use
8.5.1 Alcoholic Beverages
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Flavours and Fragrances
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Pharmaceuticals
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Cosmetics
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Extra Neutral Alcohol (ENA) Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Extra Neutral Alcohol (ENA) Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Extra Neutral Alcohol (ENA) Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Extra Neutral Alcohol (ENA) Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Extra Neutral Alcohol (ENA) Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Extra Neutral Alcohol (ENA) Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
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 Illovo Sugar Africa (Pty) Ltd.
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 NCP Alcohols (Pty) Ltd.
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 Godavari Biorefineries Ltd
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 India Glycols Limited
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 Others
17 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Extra Neutral Alcohol (ENA) Market: Key Industry Highlights, 2018 and 2028
2. Global Extra Neutral Alcohol (ENA) Historical Market: Breakup by Raw Material (USD Billion), 2018-2022
3. Global Extra Neutral Alcohol (ENA) Market Forecast: Breakup by Raw Material (USD Billion), 2023-2028
4. Global Extra Neutral Alcohol (ENA) Historical Market: Breakup by End Use (USD Billion), 2018-2022
5. Global Extra Neutral Alcohol (ENA) Market Forecast: Breakup by End Use (USD Billion), 2023-2028
6. Global Extra Neutral Alcohol (ENA) Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Extra Neutral Alcohol (ENA) Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Extra Neutral Alcohol (ENA) Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Extra Neutral Alcohol (ENA) Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Extra Neutral Alcohol (ENA) Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Extra Neutral Alcohol (ENA) Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Extra Neutral Alcohol (ENA) Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Extra Neutral Alcohol (ENA) Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Extra Neutral Alcohol (ENA) Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Extra Neutral Alcohol (ENA) Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Extra Neutral Alcohol (ENA) Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Extra Neutral Alcohol (ENA) Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Extra Neutral Alcohol (ENA) Market Structure
Key Questions Answered in the Report
In 2021, the global extra neutral alcohol (ENA) market attained a value of nearly USD 8.49 billion.
The market is projected to grow at a CAGR of 6.25% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 12.22 billion by 2027.
The market is being driven by the expansion of the alcohol industry and the increasing consumption of extra neutral alcohol (ENA).
The trends guiding the growth of the industry in the forecast period include the rising demand for extra neutral alcohol (ENA) in the cosmetics and personal care industry, the robust growth of the beer industry, and the surging disposable incomes.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major raw materials of extra neutral alcohol (ENA) in the industry are grain based and sugarcane based, among others.
The significant end uses of extra neutral alcohol (ENA) are alcoholic beverages, flavours and fragrances, pharmaceuticals, and cosmetics, among others.
The major players in the industry are Illovo Sugar Africa (Pty) Ltd., NCP Alcohols (Pty) Ltd., Godavari Biorefineries Ltd, and India Glycols Limited, among others.
Analyst Review
The global extra neutral alcohol (ENA) market attained a value of nearly USD 8.49 billion in 2021, driven by the expansion of the alcohol industry. Aided by the rising demand for extra neutral alcohol (ENA) in the cosmetics and personal care industry, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 6.25%. The market is projected to reach about USD 12.22 billion by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the extra neutral alcohol (ENA) industry can be segmented into grain based and sugar based, among others. On the basis of end uses, the industry is divided into alcoholic beverages, flavours and fragrances, pharmaceuticals, and cosmetics, among others. The major regional markets for extra neutral alcohol (ENA) are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Illovo Sugar Africa (Pty) Ltd., NCP Alcohols (Pty) Ltd., Godavari Biorefineries Ltd, and India Glycols Limited, 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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