What is Denatured Alcohol Market Scope?
Denatured alcohol is also referred to as is ethanol, ethyl alcohol that is not fit for human consumption as they use to add one or more chemicals (denaturants) to this alcohol. The chemicals that are used are Denaturing which helps in referring to removing a property from the alcohol which is being able to drink it, hence these denatured alcohol contains ordinary ethyl alcohol. These are used in solvent, fuels for different applications such as burners, stoves and many more. It is observed that, in the United States, there is a much greater percentage of Methanol as compared to ethanol. Hence the application of this denatured alcohol in various products is driving nature.
The Denatured Alcohol market study is being classified by Type (Specially Denatured Alcohol (SDA) and Completely Denatured Alcohol (CDA)), by Application (Cleaning Solvent (Glass/Window Cleaning, Cleaning Paint Brushes (Oil Paint Based), Cleaning of Makeup, Grass Stains and Ink Stains, Cleaning of Metal Parts), Remove mold and Mildew, Woodworking and Restoring Furniture, Fuel and Other) and major geographies with country level break-up.
Research Analyst at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Denatured Alcohol market throughout the predicted period.
Commercial Alcohols (Canada), Warner Graham Company (United States), Dow Chemical (United States), BASF (Germany), SABIC (Saudi Arabia), Recochem (Canada), ADM (United States), Valero Energy Corporation (United States), Green Plains Renewable Energy (United States) and Cargill (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Sherwin-Williams (United States), Flint Hills Resources (United States), Abengoa Bioenergy (United Kingdom) and Big River Resources (United States).
Analyst at AMA have segmented the market study of Global Denatured Alcohol market by Type, Application and Region.
On the basis of geography, the market of Denatured Alcohol has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On May 3rd Solenis (Wilmington) and BASF SE (Ludwigshafen, Germany) signed an agreement or pact to combine BASF’s paper and water chemicals business with Solenis to jointly create a customer-focused global specialty chemical company to produce a different range of Chemicals, additives and many more.
On 18th of May 2018, Gansu Sangtian Clean Energy Development Co., Ltd. has been granted a patent named “M20 methanol gasoline denatured alcohol additive” in which M20 methanal gasoline is prepared with the denatured alcohol as additive. This improves the phase separation resistance and helps in long-term storage in low-temperature high-humidity environments.
Influencing Market Trend
- Acceptance of Methanol as the Main Additive used in the Manufacturing of Denatured Alcohol
- Denatured Alcohol Owing to the Eco-Friendly Attributes and its Various Applications in Many Industries
- Rising Demand for Household Applications Coupled with Cosmetic Industry
- Cumulating Different Applications as a Solvent and Fuel both Indoor and Outdoor Activities
- Building Commercial and Industrial Spaces has led them for Maintenance and Cleaning purpose, Hence Increasing the Demand for Denatured Alcohol Market
- These are Unfit and Dangerous for Human Beings
- Concerns Towards the Side Effects of these Alcohols such as it can Cause Severe Health Hazards such as Permanent Destruction of the Optic Nerve
- These Alcohols Dries out very Easily and can get Evaporated if not Stored Carefully
- Issue related to the Odor and Appearance of these Alcohols that can Make it Difficult for the Consumer to Use
Key Target Audience
Potential Investors, Government Bodies and Associations, Up and Down Stream Vendors, Private Research Organizations, Suppliers and Distributors and Others
Customization available in this Study:
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