Dehydrated Alcohol Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast (2020-2025)

Dehydrated Alcohol Market size is forecast to reach $15 billion by 2025, after growing at a CAGR of 6% during 2020-2025. Dehydrated alcohol which is also known as anhydrous ethanol is a volatile chemical compound that contains approximately 98% ethanol by volume. Increasing usage of dehydrated alcohol in medical industries as an antimicrobial agent for manufacturing sanitizers and disinfectants also boosts the growth of dehydrated alcohol market. Besides, the growing use of dehydrated alcohol as fuel for internal combustion engines in the United States is likely to aid the growth of market. However, dehydrated alcohol is volatile and flammable in nature which further cause challenges during transportation.


Report Coverage
The report: “Dehydrated Alcohol Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Dehydrated Alcohol Industry. 
By Grade: Food Grade, Pharmaceutical Grade, Industrial Grade, and Others
By Source: Grain, Sugarcane, Corn, Fossil fuel, and Others
By Application: Industrial Solvent (Dyes, Paints, Inks, and Others), Fuel/Fuel Additive, Medical (Disinfectant, Antiseptic, and Others), Personal Care (Hairspray, Perfume, Mouthwash, Nail Varnish, and Others), Food & Beverages (Flavoring Agent, Coloring Agent, Drinks, and Others), and Others
By Geography: North America, South America, Europe, APAC, and RoW.


Key Takeaways:

  • Increasing environmental concerns due to the emission of greenhouse gases in developing nations like China and India has escalated the use of dehydrated alcohol as a fuel and fuel additives.

  • Increase in health concerns among people is boosting the use of dehydrated alcohol for making disinfectants and drugs.

  • Common side effects of dehydrated alcohol include persistent nerve pain, numbness and tingling which may restraint the growth of market.

  • Adoption of electric and hybrid vehicles may hamper the growth of dehydrated alcohol market.

Grade - Segment Analysis
Pharmaceutical grade holds the largest share of more than 35% in the dehydrated alcohol market in 2019. In Pharmaceutical sector, the dehydrated alcohol is used as a solvent and injected into nerves and ganglia for relief of pain. It is also used as an antiseptic and disinfectant which helps in preventing the spread of bacteria and to sterilize the skin as well as medical equipment. Surging demand for medial wipes and hand sanitizers which contain dehydrated alcohol is driving the growth of this market. Huge government investment and research activities in healthcare further boost the growth of dehydrated alcohol market. According to the World Health Organization (WHO), between 2000 and 2017, global health spending in real terms grew by 3.9% a year while the economy grew 3.0% a year. Thus, continuous spending aids the growth of dehydrated alcohol market for medical purposes. 

Source- Segment Analysis
Based on the source, sugarcane segment is projected to witness highest CAGR of 7.5% in the dehydrated alcohol market during the forecast period. Extraction of anhydrous ethanol from sugarcane involves processes such as conversion into simple sugar, fermentation and then distillation. UNICA, the Brazilian sugarcane ethanol industry association, has announced that mills in the country’s south-central region produced 31.95 billion liters of ethanol from April to December 2019, including 981.9 million liters of corn ethanol. Easy availability and high yield of sugarcane is driving the production of dehydrated alcohol from sugarcane. According to United States Department of Agriculture, global sugarcane production will increase by 22 million tons and reach 188 million by 2021, subsequently aiding the production of dehydrated alcohol.


Geography - Segment Analysis

North America dominated the dehydrated alcohol market with a share of more than 35% in 2019 followed by the Asia Pacific and Europe. Stringent regulations toward reducing the usage of environment polluting fossil fuels and rising demand from the food processing industry for making beverages is driving the demand for dehydrated alcohol in the region. For instance, In October 2017, the U.S. 

Environmental Protection Agency (EPA) proposed the Clean Power Plan (CPP), that would limit carbon dioxide (CO2) emissions from existing fossil-fuel-fired power plants, thus increasing the usage of dehydrated ethanol. According to National Health Expenditure Accounts (NHEA), the U.S. health spending accounted for 17.7% as a share of the nation's Gross Domestic Product and health care spending grew by 4.6 % reaching $3.6 trillion in 2018. Thus, rising health concerns and surging demand for health care products such as sanitizers and face wipes also boost the growth of dehydrated alcohol market. 

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Location: United States

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