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India Extra Neutral Alcohol (ENA) Market: By Raw Material: Grain Based, Sugarcane Based, Others; By End Use: Alcoholic Beverages, Flavours and Fragrances, Pharmaceuticals, Cosmetics, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments
India Extra Neutral Alcohol (ENA) Market Outlook
The India extra neutral alcohol (ENA) market reached a volume of around 3.13 billion litre in 2020, driven by its wide range of applications in end use industries and rising demand in the manufacturing of potable alcohol. The market is further expected to grow at a CAGR of 5% in the forecast period of 2021-2026.
Rising Demand for Manufacturing of Potable Alcohol Driving the Extra Neutral Alcohol Industry Growth in India
Almost all of the ENA produced in India is used in the manufacture of potable alcohol, whose production and use is on the rise. Furthermore, in recent years, a steady trend away from country liquor and toward Indian Made Foreign Liquor (IMFL) has resulted in a rise in demand for potable alcohol. Increased disposable incomes, a change in drinking attitude, and the growing western influence are the major factors fuelling the demand for potable alcohol. Furthermore, the expanding cosmetics and personal care industry and the growing pharmaceutical sector are projected to be highly profitable for the market, as ENA has many applications in these industries.
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Extra Neutral Alcohol: Industry Definition and Segmentation
Extra neutral alcohol, or ENA, is a colourless, impurity-free food-grade alcohol. It has a neutral odour and flavour and usually contains 96 percent alcohol by volume (ABV). ENA comes from a variety of sources, including sugar cane molasses, grains, and so on. It is used to make alcoholic drinks like bourbon, vodka, gin, cane, liqueurs, and alcoholic fruit cocktails and aperitifs. Apart from that, it is used in the production of a variety of cosmetics and personal care items, including lipstick, toiletries, cologne, hair gel, and others.
Based on raw material, the market is divided into:
- Grain Based
- Sugarcane Based
- Others
On the basis of end use, the market is categorised into:
- Alcoholic Beverages
- Flavours and Fragrances
- Pharmaceuticals
- Cosmetics
- Others
The regional markets for the product in India include Punjab, Maharashtra, Madhya Pradesh, Uttar Pradesh, Karnataka, Andhra Pradesh and Telangana, Tamil Nadu, Haryana, West Bengal, and others.
Rising Applications in End Use Industries Bolstering the Growth of the India Extra Neutral Alcohol Industry
ENA is the main raw material used in the production of alcoholic drinks like whiskey and vodka. It is used in the production of cosmetics and personal care items like perfumes, toiletries, and hair spray, among others. Because of its solvent qualities, it is also used in the manufacturing of lacquers, paints, and ink for the printing industry, as well as prescription products such as antiseptics, medications, syrups, and medicated sprays. ENA is also used in items like air fresheners and detergents. These factors are contributing to the growth of the industry. Apart from this, the thriving pharmaceutical industry and the growing demand for antiseptics, drugs, syrups, and medicated sprays are expected to create significant growth opportunities for the market expansion in the forecast period.
Key Industry Players in the India Extra Neutral Alcohol (ENA) Market
The report gives a detailed analysis of the following key players in the India extra neutral alcohol (ENA) market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- India Glycols Limited
- Triveni Engineering & Industries Ltd.
- Dhampur International Pte. Ltd.
- Privilege Industries Ltd.
- Others
The comprehensive EMR report provides an in-depth assessment of the industry 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.
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 India
7 Industry Opportunities and Challenges
8 India Extra Neutral Alcohol (ENA) Market Analysis
8.1 Key Industry Highlights
8.2 India Extra Neutral Alcohol (ENA) Historical Market (2016-2020)
8.3 India Extra Neutral Alcohol (ENA) Market Forecast (2021-2026)
8.4 India 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 (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Sugarcane Based
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Others
8.5 India 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 (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Flavours and Fragrances
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Pharmaceuticals
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Cosmetics
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2016-2020)
8.5.4.3 Forecast Trend (2021-2026)
8.5.5 Others
8.6 India Extra Neutral Alcohol (ENA) Market by States
8.6.1 Market Share
8.6.1.1 Punjab
8.6.1.2 Maharashtra
8.6.1.3 Madhya Pradesh
8.6.1.4 Uttar Pradesh
8.6.1.5 Karnataka
8.6.1.6 Andhra Pradesh and Telangana
8.6.1.7 Tamil Nadu
8.6.1.8 Haryana
8.6.1.9 West Bengal
8.6.1.10 Others
9 Regional Analysis
9.1 Punjab
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.2 Maharashtra
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.3 Madhya Pradesh
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.4 Uttar Pradesh
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.5 Karnataka
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.6 Andhra Pradesh and Telangana
9.6.1 Historical Trend (2016-2020)
9.6.2 Forecast Trend (2021-2026)
9.7 Tamil Nadu
9.7.1 Historical Trend (2016-2020)
9.7.2 Forecast Trend (2021-2026)
9.8 Haryana
9.8.1 Historical Trend (2016-2020)
9.8.2 Forecast Trend (2021-2026)
9.9 West Bengal
9.9.1 Historical Trend (2016-2020)
9.9.2 Forecast Trend (2021-2026)
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 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Manufacturing Process
12.1 Overview
12.2 Detailed Process Flow
12.3 Operations Involved
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 India Glycols Limited
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Triveni Engineering & Industries Ltd.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Dhampur International Pte. Ltd.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Privilege Industries Limited
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Others
14 Industry Events and Developments
List of Figures and Tables
1. India Extra Neutral Alcohol (ENA) Market: Key Industry Highlights, 2016 and 2026
2. India Extra Neutral Alcohol (ENA) Historical Market: Breakup by Raw Material (INR Billion), 2016-2020
3. India Extra Neutral Alcohol (ENA) Market Forecast: Breakup by Raw Material (INR Billion), 2021-2026
4. India Extra Neutral Alcohol (ENA) Historical Market: Breakup by End Use (INR Billion), 2016-2020
5. India Extra Neutral Alcohol (ENA) Market Forecast: Breakup by End Use (INR Billion), 2021-2026
6. India Extra Neutral Alcohol (ENA) Historical Market: Breakup by States (INR Billion), 2016-2020
7. India Extra Neutral Alcohol (ENA) Market Forecast: Breakup by States (INR Billion), 2021-2026
8. India Extra Neutral Alcohol (ENA) Market Structure
Key Questions Answered in the Report
In 2020, the India extra neutral alcohol (ENA) market attained a volume of nearly 3.13 billion litre.
The market is projected to grow at a CAGR of 5% between 2021 and 2026.
The major drivers of the industry, such as a wide range of applications in end use industries and the rising demand for manufacturing of alcohol, are boosting the industry growth.
The key market trend guiding the growth of the industry includes the development of advanced machinery as well as the growing usage of extra neutral alcohol as a raw material for various products.
The major regions in the industry are Punjab, Maharashtra, Madhya Pradesh, Uttar Pradesh, Karnataka, Andhra Pradesh and Telangana, Tamil Nadu, Haryana, West Bengal, and others.
The significant raw materials of extra neutral alcohol are grain based, and sugarcane based, among others.
The significant end use sectors of the product include alcoholic beverages, flavours and fragrances, pharmaceuticals, and cosmetics, among others.
The major players in the industry are India Glycols Limited, Triveni Engineering & Industries Ltd., Dhampur International Pte. Ltd., and Privilege Industries Ltd., among others.
Analyst Review
The India extra neutral alcohol (ENA) market attained a volume of nearly 3.13 billion litre in 2020, driven by the wide range of applications in end use industries and increasing demand for alcoholic beverages. Aided by the advancements in technology and rising demand for manufacturing of potable alcohol, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on raw material, the extra neutral alcohol industry can be segmented into grain based, and sugarcane based, among others. On the basis of end use sectors, the industry is divided into alcoholic beverages, flavours and fragrances, pharmaceuticals, and cosmetics, among others. The major regional markets for extra neutral alcohol are Punjab, Maharashtra, Madhya Pradesh, Uttar Pradesh, Karnataka, Andhra Pradesh and Telangana, Tamil Nadu, Haryana, and West Bengal, among others. The key players in the above market include India Glycols Limited, Triveni Engineering & Industries Ltd., Dhampur International Pte. Ltd., and Privilege Industries Ltd., 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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