Press release
Denatured Alcohol Market Size, Share, Development by 2023
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.
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.
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Global Denatured Alcohol Market: Forecast by Type / Application / Region
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.
Over the next five years, LPI(LP Information) projects that Denatured Alcohol will register a 6.8% CAGR in terms of revenue, reach US$ 103500 million by 2023, from US$ 69900 million in 2017.
Global Denatured Alcohol Market: Key Players
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
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Related Information:
United States Denatured Alcohol Market Research Report 2018
Europe Denatured Alcohol Market Research Report 2018
North America Denatured Alcohol Market Research Report 2018
Asia-Pacific Denatured Alcohol Market Research Report 2018
China Denatured Alcohol Market Research Report 2018
EMEA Denatured Alcohol Market Research Report 2018
Global Denatured Alcohol Market Research Report 2018
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