Denatured Alcohol Market Growth 2019-2024
Abstract:
Denatured alcohol is ethanol (ethyl alcohol) made unfit for human consumption by adding one or more chemicals (denaturants) to it. Denaturing refers to removing a property from the alcohol (being able to drink it), not to chemically altering or decomposing it, so denatured alcohol contains ordinary ethyl alcohol.
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According to this study, over the next five years the Denatured Alcohol market will register a 6.8% CAGR in terms of revenue, the global market size will reach US$ 103500 million by 2024, from US$ 69900 million in 2019.
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As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties, and coupled with Denatured Alcohol industry in larger demand on the market in the past few years, more and more companies enter into Denatured Alcohol industry, the current demand for Denatured Alcohol product is relatively low, lack of demand, excess supply. Ordinary Denatured Alcohol products on the market do not sell well; Denatured alcohol’s price is lower than past years. The signal of market price change indicates the trend in the Denatured Alcohol industry, low-end product has excess capacity but high-end product is in short supply.
There is a certain market space for denatured alcohol product, but basically showing the scarcity of high-end products, low-end products excess capacity, there is a large market demand for high-end products to seize market share of imports acts, local enterprises export more low-end products overcapacity or molding process basic Materials.As large demand of high-end products at home and abroad, growing number of enterprises enter the business of Denatured alcohol production. But the gross margin of denatured alcohol production is relatively low because of the industry features.
In particular, this report presents the global market share (sales and revenue) of key companies in Denatured Alcohol business, shared in Chapter 3.This report presents a comprehensive overview, market shares, and growth opportunities of Denatured Alcohol market by product type, application, key manufacturers and key regions and countries.
This study considers the Denatured Alcohol value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Specially Denatured Alcohol (SDA)
- Completely Denatured Alcohol (CDA)
Denatured alcohol Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Cleaner & Solvent
- Thinner
- Alcohol Fuel
- Personal Care & Cosmetics
- Pharmaceuticals
- Others
This Denatured alcohol report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Spain
- Middle East & Africa
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this Denatured alcohol report: Breakdown data in in Chapter 3.
- Poet
- ADM
- Valero Energy Corporation
- Green Plains Renewable Energy
- Cargill
- Flint Hills Resources
- Abengoa Bioenergy
- Big River Resources
- Pacific Ethanol
- Celanese
- LyondellBasell
- Sasol
- Aventine Renewable Energy
- Warner Graham Company
- Tangshan Jidong Solvent
- Jilin Alcohol Group
- Jiangsu Lianhai
- Jinyimeng Group
- Shandong Longlive
- Henan Tianguan
- COFCO Biochemical
- COFCO Biochemical Zhaodong
- Shandong Qingzhou Xinhai
In addition, this Denatured alcohol report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
- To study and analyze the global Denatured Alcohol consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Denatured Alcohol market by identifying its various subsegments.
- Focuses on the key global Denatured Alcohol manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Denatured Alcohol with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Denatured Alcohol submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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