Production of Industrial Alcohols
Production of industrial alcohol is an age old practice. But with time, the usage areas as well as production techniques have gone through a major transformation. Industrial alcohol is distilled ethyl alcohol (C2H5OH), normally of high proof, produced and sold for other than beverage purposes. It is usually distributed in the form of pure ethyl alcohol, completely denatured alcohol, especially denatured alcohol and proprietary solvent blends. Ethyl Alcohol is the common name for the hydroxyl derivative of the hydrocarbon ethane .Industrial alcohol is distilled ethyl alcohol normally of high proof, produced and sold for other than beverage purposes. Industrial alcohol finds its applications in many chemical industries, pharmaceutical industries, Ink Industries and various allied applications. Much of this alcohol is obtained synthetically from ethylene. However, its production from microbial fermentation using variety of cheap sugary substrates is still commercially important. The various substrates used for ethanol production are sugar crops such as sugarcane, sugar beet, sorghum, etc. provide a good substrate. Bye product of these crop processing, e.g., molasses, sweet sorghum syrup, etc. are the most common substrates. Cereals like maize, wheat, rice etc are also used for ethanol production. Distillation of industrial alcohol, which is normally not used for consumption, can be made in a two-step process. The process of distillation is one with a slow dynamics making it essential to have a carefully planned and designed control system. Ethyl alcohol or ethanol ranks second only to water as the most widely used solvent in chemical industry and as these industries have expanded, so the demand for industrial alcohol has increased.
Market Outlook
The industrial alcohol market is estimated to be valued at USD 113.26 Billion in 2017, and is projected to grow at a CAGR of 9.8% during the forecast period of 2017 to 2022.
Sugar Alcohols is forecast to be 1.6 million metric tons in 2017 and is projected to reach 1.9 million metric tons by 2022 at a CAGR of 3.4% between the two years.
The industrial alcohol market is projected to grow at a CAGR of 9.8% from 2017, to reach USD 180.83 billion by 2022.
The ethyl alcohol segment is estimated to account for the largest market share in the Industrial Alcohol Market in 2017, due to its wide range of applications in the biofuel industry. Ethyl alcohol is considered as the most widely used industrial alcohol, owing to their multi-functional properties and their vast applications in the biofuel, pharmaceutical, personal care, food ingredients, and chemical industries.
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