| Product Code: ETC189771 | Publication Date: May 2022 | 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 |
In the Saudi Arabia ethyl alcohol market, the import trend experienced significant fluctuations. From 2023 to 2024, there was a notable growth rate of 31.83%, contrasting with a negative Compound Annual Growth Rate (CAGR) of -16.06% from 2020 to 2024. This shift may be attributed to changing regulatory policies influencing import momentum.
The Saudi Arabia ethyl alcohol market plays a crucial role in various industries, including pharmaceuticals, healthcare, and cosmetics.It is characterized by a growing demand for high-quality and industrial-grade ethyl alcohol for manufacturing processes.With the expansion of these industries and the increasing need for sanitization products, the ethyl alcohol market is expected to continue its upward trajectory.
The Saudi Arabia ethyl alcohol market is anticipated to experience growth due to its applications across various industries, including pharmaceuticals, personal care, and industrial uses.Ethyl alcohol, also known as ethanol, is a versatile solvent and disinfectant.The nation`s emphasis on healthcare and hygiene, the demand for sanitizers and disinfectants, and the incorporation of ethyl alcohol in pharmaceutical formulations and industrial processes will drive the demand for ethyl alcohol.Additionally, the availability of different purity grades and the growth of manufacturing and healthcare sectors will further support market expansion.
The Saudi Arabia ethyl alcohol market faces challenges related to strict regulations, cultural sensitivities, and competition from alternative solvents and sanitizers.Market players must adhere to stringent regulations governing the production, distribution, and use of ethyl alcohol, especially considering its applications in various industries, including healthcare and manufacturing.Additionally, navigating cultural sensitivities surrounding alcohol-related products poses a challenge.Moreover, competition from alternative sanitizing agents and imported ethyl alcohol products adds complexity to the market dynamics.The need for regulatory compliance, cultural awareness, and diversification of ethyl alcohol applications influences market growth.
The ethyl alcohol market in Saudi Arabia experienced fluctuations during the COVID-19 pandemic, reflecting changes in demand for alcohol-based products.Ethyl alcohol is used in a variety of applications, including sanitizers and pharmaceuticals.As demand for sanitizers and disinfectants surged during the pandemic, the market witnessed short-term growth.However, post-pandemic, the market adapted to changing consumer preferences and regulatory measures.The pandemic highlighted the importance of hygiene and safety measures.
In the Saudi Arabia ethyl alcohol market companies such as SABIC and Saudi Kayan Petrochemical Company are some of the key players active in this market.Additionally, ethyl alcohol is regulated due to alcohol restrictions in the country.However, some industrial uses of ethyl alcohol are permitted in Saudi Arabia.
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 Saudi Arabia Ethyl Alcohol Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Ethyl Alcohol Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Ethyl Alcohol Market - Industry Life Cycle |
3.4 Saudi Arabia Ethyl Alcohol Market - Porter's Five Forces |
3.5 Saudi Arabia Ethyl Alcohol Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Saudi Arabia Ethyl Alcohol Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Saudi Arabia Ethyl Alcohol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for ethyl alcohol in industries such as pharmaceuticals, cosmetics, and food beverage |
4.2.2 Growing awareness about the benefits of ethyl alcohol for sanitization purposes |
4.2.3 Favorable government regulations and policies supporting the production and usage of ethyl alcohol in Saudi Arabia |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as sugarcane, corn, or grains that are used in the production of ethyl alcohol |
4.3.2 Environmental concerns related to the production and disposal of ethyl alcohol byproducts |
4.3.3 Competition from alternative disinfectants and sanitizers in the market |
5 Saudi Arabia Ethyl Alcohol Market Trends |
6 Saudi Arabia Ethyl Alcohol Market, By Types |
6.1 Saudi Arabia Ethyl Alcohol Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Ethyl Alcohol Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 Saudi Arabia Ethyl Alcohol Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.4 Saudi Arabia Ethyl Alcohol Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.1.5 Saudi Arabia Ethyl Alcohol Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.1.6 Saudi Arabia Ethyl Alcohol Market Revenues & Volume, By Lab Grade, 2021-2031F |
6.2 Saudi Arabia Ethyl Alcohol Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Ethyl Alcohol Market Revenues & Volume, By Automotive and Transportation, 2021-2031F |
6.2.3 Saudi Arabia Ethyl Alcohol Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.2.4 Saudi Arabia Ethyl Alcohol Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.5 Saudi Arabia Ethyl Alcohol Market Revenues & Volume, By Cosmetics and Personal Care (Includes hand-Sanitizer), 2021-2031F |
6.2.6 Saudi Arabia Ethyl Alcohol Market Revenues & Volume, By Other End-user Industries, 2021-2031F |
7 Saudi Arabia Ethyl Alcohol Market Import-Export Trade Statistics |
7.1 Saudi Arabia Ethyl Alcohol Market Export to Major Countries |
7.2 Saudi Arabia Ethyl Alcohol Market Imports from Major Countries |
8 Saudi Arabia Ethyl Alcohol Market Key Performance Indicators |
8.1 Ethyl alcohol production capacity utilization rate |
8.2 Percentage of ethyl alcohol imports compared to domestic production |
8.3 Number of new product launches containing ethyl alcohol in the Saudi Arabian market |
9 Saudi Arabia Ethyl Alcohol Market - Opportunity Assessment |
9.1 Saudi Arabia Ethyl Alcohol Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Saudi Arabia Ethyl Alcohol Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Saudi Arabia Ethyl Alcohol Market - Competitive Landscape |
10.1 Saudi Arabia Ethyl Alcohol Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Ethyl Alcohol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |