The global demand for Pharmaceutical Ethanol Market is presumed to reach the valuation of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2021 - 2027. Whereas with regards to volume, the market was calculated XX MT in 2020 and foreseen to touch XX MT by 2027 with a CAGR of XX% during 2021-2027.
Pharmaceutical-grade ethanol is also called as USP-grade ethanol, which denotes that it fulfills the USP organization standards. This grade of ethanol must meet particular purity standards. Pharmaceutical-grade ethanol is one of the important ingredients of hand sanitizers. The suitable properties of pharmaceutical-grade ethanol make it suitable to act as a carrier for a broad range of iodine solutions, medicines, decongestants, and other pharmaceutical products. The pharmaceutical ethanol is majorly utilized as a solvent in the processing of vitamins, vaccines, antibiotics, antiseptics pills and tablets, and various other medicines. It also finds its applications in the personal care and cosmetics industry to manufacture fragrances, shampoos, and deodorants.
The ever-expanding global pharmaceutical industry and wide-ranging pharmaceutical ethanol application in the medical sector are the primary factors driving the Pharmaceutical Ethanol market. The rising research and development activities for the development of new drugs or medicines contribute significantly to the Pharmaceutical Ethanol market's growth. The growing demand for hand sanitizers among the consumers is positively impacting the Pharmaceutical Ethanol market's growth. Moreover, rising healthcare expenditure and rising production of hand sanitizers due to the COVID-19 pandemic across the world are likely to create lucrative growth opportunities for key players of the Pharmaceutical Ethanol market in the coming years.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of pharmaceutical ethanol.
This section of the pharmaceutical ethanol market report provides detailed data on the segments by analyzing them geographically, thereby assisting the strategist in identifying the target demographics for the respective product or service..
- Pharmaceutical and Medical
- Personal Care
This section covers regional segmentation which accentuates on current and future demand for Pharmaceutical Ethanol market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Pharmaceutical Ethanol Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the pharmaceutical ethanol market include Pharmco-Aaper, Cargill, Godavari, BASF, Ashland, Alcovin, Kanoriachem, Lonza, Ultra Pure, Wilmar BioEthanol, Ineos, Manildra, J.alco, Salvi Chemical Industries, NCP Alcohols, BruggemannAlcohol Heilbronn. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.