[Online Quarterly Update] Ethanol Derivatives demand stood at 4.50 Million Tonnes in 2021 and is forecast to reach 6.50 Million Tonnes by 2030, growing at a healthy CAGR of 4.22% until 2030. High demand for ethanol derivatives as it is used as a cleaning agent and renewable fuel is the major driver for the forecast period.
Ethanol can be produced from the fermentation process of an organic substance as well as by Ethylene under the influence of a catalyst for industrial purposes. Ethanol Derivatives are a vast market comprising a number of chemical products filtered in different categories as per their applications and properties. With the increasing number of facilities for the production of Ethanol on the back of its high demand as a renewable fuel and cleaning agent, Ethanol derivatives have gained huge preference owing to the affordable prices and eco-friendly product in comparison to several crude derivatives. Ethanol derivatives are utilized in chemical, pharmaceutical, food, and beverages industries to produce a wide number of downstream products. In addition, utilization and growing demand for bio-based ethanol derivatives can be a major potential segment for the growth of the global Ethanol market in the coming years.
The COVID-19 outbreak across the world which has been declared as a pandemic by World Health Organization has affected several countries adversely. Leading authorities around the globe imposed lockdown restrictions and released a set of precautionary measures to contain the spread of novel coronavirus. Manufacturing units were temporarily shut down, and disruption in the supply chain was observed, which led to the market decline.
Major players operating in the Ethanol Derivatives market include India Glycol Limited, Eatsman Chemical, Jubliant Lifecsiences, Jiangu Sopo, Wuxi Baichuan, Showa Denko, Korea Alcohol, NEOS, Sekab Biofuels and Chemicals AB, Zea2 LLC, Calanese Corporation, Braskem, and Others.
Years Considered for Analysis:
Historical Years: 2015 – 2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023 – 2030
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Objective of the Study:
• To assess the demand-supply scenario of Ethanol Derivatives which covers production, demand and supply of Ethanol Derivatives market globally.
• To analyse and forecast the market size of Ethanol Derivatives.
• To classify and forecast Ethanol Derivatives market based on application, sales channel, end-use and regional distribution.
• To identify drivers and challenges for Ethanol Derivatives market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Ethanol Derivatives market.
• To identify and analyse the profile of leading players involved in the manufacturing of Ethanol Derivatives
To extract data for Ethanol Derivatives market, primary research surveys were conducted with Ethanol Derivatives manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for Global Ethanol Derivatives market over the coming years.
ChemAnalyst calculated Ethanol Derivatives demand globally by analyzing the historical data and demand forecast which was carried out considering imported Ethanol Derivatives, styrene prices, monomers used for production of Ethanol Derivatives. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Ethanol Derivatives manufacturers and other stakeholders
• Organizations, forums and alliances related to Ethanol Derivatives distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Ethanol Derivatives manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, the Global Ethanol Derivatives market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
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Attribute
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Details
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Market size volume in 2021
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4.50 million tons
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Market size volume in 2030
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6.50 million tons
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Growth Rate
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CAGR of 4.22% from 2022 to 2030
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Base year for estimation
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2021
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Historic Data
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2015 – 2020
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Forecast period
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2023 – 2030
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Quantitative units
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Demand in tons and CAGR from 2022 to 2030
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Report coverage
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Revenue forecast, demand & supply, competitive analysis, competitive landscape, growth factors, and trends
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Segments covered
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By End Use: (Paints, Coatings & Adhesives, Personal Care and Cosmetics, Pharmaceutical, Others)
By Sales Channel: (Direct/Indirect Sales)
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Regional scope
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North America; Europe; Asia Pacific; South America; Middle East & Africa
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Country scope
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United States; Mexico; Canada; China; India; Japan; South Korea; Taiwan; Singapore; Germany; Belgium; France; United Kingdom; Spain; Italy; Sweden; Austria; Saudi Arabia; Iran; South Africa; Brazil; Argentina
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Key companies profiled
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Anhui Huayi, Ashok Alco chem Limited, Banstag Life sciences Pvt. Ltd, Braskem, Celanese Corporation, CropEnergies AG, Daicel Corporation, Eastman Chemical, Godavari, Biorefineries Limited, Godavari Biorefineries Limited, Guangxi Jinyuan, Guangxi Xintiande, Korea Alcohol, NEOS, Sekab Biofuels and Chemicals AB, Zea2 LLC and Others.
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Customization scope
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Free report customization with purchase. Addition or alteration to country, regional & segment scope.
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Pricing and purchase options
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Available Customizations:
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
In case you can’t find what, you are looking for then please get in touch with our custom research team at sales@chemanalyst.com
