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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 (2017-2027); 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 2022-2027 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.

 

Global Extra Neutral Alcohol (ENA) Market

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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 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- 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.

 

*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 Extra Neutral Alcohol (ENA) Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Extra Neutral Alcohol (ENA) Historical Market (2017-2021) 
    8.3    Global Extra Neutral Alcohol (ENA) Market Forecast (2022-2027)
    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 (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Sugarcane Based
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        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 (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Flavours and Fragrances
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Pharmaceuticals
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Cosmetics
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Others
    8.6    Global Extra Neutral Alcohol (ENA) Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    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    Buyers 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    Illovo Sugar Africa (Pty) Ltd.
            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    NCP Alcohols (Pty) Ltd.
            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    Godavari Biorefineries Ltd
            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    India Glycols Limited
            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    Others
13    Industry Events and Developments

 

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, 2017 and 2027
2.    Global Extra Neutral Alcohol (ENA) Historical Market: Breakup by Raw Material (USD Billion), 2017-2021
3.    Global Extra Neutral Alcohol (ENA) Market Forecast: Breakup by Raw Material (USD Billion), 2022-2027
4.    Global Extra Neutral Alcohol (ENA) Historical Market: Breakup by End Use (USD Billion), 2017-2021
5.    Global Extra Neutral Alcohol (ENA) Market Forecast: Breakup by End Use (USD Billion), 2022-2027
6.    Global Extra Neutral Alcohol (ENA) Historical Market: Breakup by Region (USD Billion), 2017-2021
7.    Global Extra Neutral Alcohol (ENA) Market Forecast: Breakup by Region (USD Billion), 2022-2027
8.    North America Extra Neutral Alcohol (ENA) Historical Market: Breakup by Country (USD Billion), 2017-2021
9.    North America Extra Neutral Alcohol (ENA) Market Forecast: Breakup by Country (USD Billion), 2022-2027
10.    Europe Extra Neutral Alcohol (ENA) Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    Europe Extra Neutral Alcohol (ENA) Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Asia Pacific Extra Neutral Alcohol (ENA) Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Asia Pacific Extra Neutral Alcohol (ENA) Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Latin America Extra Neutral Alcohol (ENA) Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Latin America Extra Neutral Alcohol (ENA) Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Middle East and Africa Extra Neutral Alcohol (ENA) Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Middle East and Africa Extra Neutral Alcohol (ENA) Market Forecast: Breakup by Country (USD Billion), 2022-2027
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 2022 and 2027.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 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 2022-2027, 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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