| Product Code: ETC189759 | 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 Singapore ethyl alcohol market, the import trend exhibited significant growth between 2023 and 2024, with a growth rate of 145.36%. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 95.05%. This surge in imports can be attributed to shifting consumer preferences towards premium alcohol products, driving increased demand and market expansion.
The Ethyl Alcohol market in Singapore is projected to grow at a growing growth rate of 5.69% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.

The ethyl alcohol market in Singapore plays a vital role in various industries, including pharmaceuticals, cosmetics, and industrial manufacturing. The demand for ethyl alcohol remains steady, with pharmaceuticals being a major driver of growth. Strict quality control and regulatory compliance are essential in this market. Ethyl alcohol suppliers are focusing on expanding their product offerings and ensuring a consistent supply chain to cater to the diverse needs of their clients.
The Singapore ethyl alcohol market is poised for significant growth in the coming years. One of the key drivers behind this growth is the increasing demand for hand sanitizers and disinfectants, fueled by the ongoing global health crisis. Ethyl alcohol is a crucial ingredient in the production of these essential hygiene products. Additionally, the pharmaceutical and cosmetic industries are also driving the demand for ethyl alcohol as it is used in the formulation of various medications and beauty products. Furthermore, Singapore robust manufacturing sector and its role as a regional trading hub are contributing to the growth of the ethyl alcohol market, as it is used in various industrial processes and as a solvent.
The ethyl alcohol market in Singapore faces challenges related to regulation and supply chain disruptions. Ethyl alcohol is a key ingredient in the production of alcoholic beverages, hand sanitizers, and various industrial applications. Regulatory changes, especially during public health crises, can impact production and distribution.
The COVID-19 pandemic had a profound impact on the ethyl alcohol market in Singapore. Ethyl alcohol, often used as a disinfectant, experienced a surge in demand for sanitization purposes during the pandemic. This demand outpaced the supply, leading to price fluctuations and shortages. The market is expected to stabilize as the pandemic subsides, but manufacturers should continue to focus on quality and safety standards to maintain consumer trust.
The ethyl alcohol market in Singapore serves various industries, including pharmaceuticals, beverages, and personal care. Key players like Archer Daniels Midland Company and Cargill are prominent suppliers of ethyl alcohol in the region.
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 Singapore Ethyl Alcohol Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Ethyl Alcohol Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Ethyl Alcohol Market - Industry Life Cycle |
3.4 Singapore Ethyl Alcohol Market - Porter's Five Forces |
3.5 Singapore Ethyl Alcohol Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Singapore Ethyl Alcohol Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Singapore Ethyl Alcohol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for ethyl alcohol in pharmaceutical and cosmetics industries |
4.2.2 Growing use of ethyl alcohol as a disinfectant and sanitizer, especially in response to the COVID-19 pandemic |
4.2.3 Government initiatives promoting the use of ethyl alcohol in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like sugarcane or grains used in ethyl alcohol production |
4.3.2 Stringent regulations related to the production and distribution of ethyl alcohol |
4.3.3 Competition from alternative disinfectants and sanitizers in the market |
5 Singapore Ethyl Alcohol Market Trends |
6 Singapore Ethyl Alcohol Market, By Types |
6.1 Singapore Ethyl Alcohol Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Singapore Ethyl Alcohol Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 Singapore Ethyl Alcohol Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.4 Singapore Ethyl Alcohol Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.1.5 Singapore Ethyl Alcohol Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.1.6 Singapore Ethyl Alcohol Market Revenues & Volume, By Lab Grade, 2021-2031F |
6.2 Singapore Ethyl Alcohol Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Singapore Ethyl Alcohol Market Revenues & Volume, By Automotive and Transportation, 2021-2031F |
6.2.3 Singapore Ethyl Alcohol Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.2.4 Singapore Ethyl Alcohol Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.5 Singapore Ethyl Alcohol Market Revenues & Volume, By Cosmetics and Personal Care (Includes hand-Sanitizer), 2021-2031F |
6.2.6 Singapore Ethyl Alcohol Market Revenues & Volume, By Other End-user Industries, 2021-2031F |
7 Singapore Ethyl Alcohol Market Import-Export Trade Statistics |
7.1 Singapore Ethyl Alcohol Market Export to Major Countries |
7.2 Singapore Ethyl Alcohol Market Imports from Major Countries |
8 Singapore Ethyl Alcohol Market Key Performance Indicators |
8.1 Average selling price of ethyl alcohol in Singapore |
8.2 Number of new product launches or innovations in the ethyl alcohol market |
8.3 Environmental sustainability initiatives taken by ethyl alcohol manufacturers in Singapore |
9 Singapore Ethyl Alcohol Market - Opportunity Assessment |
9.1 Singapore Ethyl Alcohol Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Singapore Ethyl Alcohol Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Singapore Ethyl Alcohol Market - Competitive Landscape |
10.1 Singapore Ethyl Alcohol Market Revenue Share, By Companies, 2024 |
10.2 Singapore Ethyl Alcohol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |