| Product Code: ETC189756 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
India`s ethyl alcohol import market in 2024 continues to be dominated by key exporting countries such as the USA, Brazil, UK, Japan, and Canada. The Herfindahl-Hirschman Index (HHI) indicates a very high concentration of imports, reflecting the dominance of these countries. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a robust 11.43%, showcasing sustained expansion. The impressive growth rate of 112.53% from 2023 to 2024 suggests a significant uptick in demand for ethyl alcohol in India, signaling potential opportunities for market players.

India is one of the largest producers and consumers of ethyl alcohol in Asia, with an estimated annual production capacity of 6 million tons. The India market for ethyl alcohol is expected to grow at a CAGR of 8-9% over the forecast period 2025-2031 due to increasing demand from various end-use industries such as pharmaceuticals, chemicals, fuel additives, consumer goods, and beverages.
Growing demand for alcoholic beverages has been creating significant opportunities for growth in the India Ethyl Alcohol market. Increase in disposable incomes along with changing lifestyle trends are driving the consumption of alcoholic beverages which will further boost this market`s growth. Furthermore, increased usage of Ethanol as an alternative source for fossil fuels has driven its adoption across various industry verticals including automotive and power generation sectors, thus stimulating its market growth. Moreover , Government initiatives like ethanol blending program (EBP) introduced by Ministry Of Petroleum And Natural Gas (MoPNG), incentivizing use of biofuels have been positively impacting on this sector???s outlook.
Limited availability and high cost associated with raw materials used in production process such as molasses pose major challenge towards establishment/expansion plans being undertaken by players operating within this domain. Additionally , environmental concerns resulting from wastage generated during manufacturing process also acts as a deterrent against overall development prospects imparted by Ethanol based products.
Major companies operating within Indiaethyl alcohol industry include United Spirits Ltd., Jagatjit Industries Ltd., Empee Distilleries Pvt Ltd., Associated Alcohol & Breweries Pvt Ltd., Radico Khaitan Ltd., Pernod Ricard India Pvt Ltd etc.
Due to lockdown imposed throughout country since March 2025 , production activity witnessed considerable decline owing to disruption caused at upstream operations level along with restrictions enforced on movement activities between cities/states. This resulted into significant reduction in supply levels coupled with growing stockpiles causing fall down prices across all grades offered by key manufacturers present within Domestic Market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Ethyl Alcohol Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Ethyl Alcohol Market Revenues & Volume, 2021 & 2031F |
3.3 India Ethyl Alcohol Market - Industry Life Cycle |
3.4 India Ethyl Alcohol Market - Porter's Five Forces |
3.5 India Ethyl Alcohol Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 India Ethyl Alcohol Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 India Ethyl Alcohol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for ethyl alcohol in pharmaceutical and healthcare industries |
4.2.2 Growing use of ethyl alcohol in the production of sanitizers and disinfectants |
4.2.3 Rising adoption of ethyl alcohol in the beverage and food industry for flavoring and preservation purposes |
4.3 Market Restraints |
4.3.1 Volatile prices of raw materials such as sugarcane and grains impacting ethyl alcohol production costs |
4.3.2 Stringent government regulations and policies related to alcohol consumption and production |
4.3.3 Competition from alternative disinfectants and preservatives affecting the demand for ethyl alcohol |
5 India Ethyl Alcohol Market Trends |
6 India Ethyl Alcohol Market, By Types |
6.1 India Ethyl Alcohol Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 India Ethyl Alcohol Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 India Ethyl Alcohol Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.4 India Ethyl Alcohol Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.1.5 India Ethyl Alcohol Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.1.6 India Ethyl Alcohol Market Revenues & Volume, By Lab Grade, 2021-2031F |
6.2 India Ethyl Alcohol Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 India Ethyl Alcohol Market Revenues & Volume, By Automotive and Transportation, 2021-2031F |
6.2.3 India Ethyl Alcohol Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.2.4 India Ethyl Alcohol Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.5 India Ethyl Alcohol Market Revenues & Volume, By Cosmetics and Personal Care (Includes hand-Sanitizer), 2021-2031F |
6.2.6 India Ethyl Alcohol Market Revenues & Volume, By Other End-user Industries, 2021-2031F |
7 India Ethyl Alcohol Market Import-Export Trade Statistics |
7.1 India Ethyl Alcohol Market Export to Major Countries |
7.2 India Ethyl Alcohol Market Imports from Major Countries |
8 India Ethyl Alcohol Market Key Performance Indicators |
8.1 Ethyl alcohol consumption in pharmaceutical and healthcare sectors |
8.2 Number of new product launches in the sanitizer and disinfectant market containing ethyl alcohol |
8.3 Percentage of ethyl alcohol used in the beverage and food industry compared to other preservatives |
9 India Ethyl Alcohol Market - Opportunity Assessment |
9.1 India Ethyl Alcohol Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 India Ethyl Alcohol Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 India Ethyl Alcohol Market - Competitive Landscape |
10.1 India Ethyl Alcohol Market Revenue Share, By Companies, 2024 |
10.2 India Ethyl Alcohol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |