Thailand Ethyl Alcohol Market (2025-2031) Outlook | Value, Forecast, Companies, Trends, Size, Industry, Analysis, Share, Revenue & Growth

Market Forecast By Grade (Food Grade, Industrial Grade, Pharmaceutical Grade, Lab Grade), By End-user Industry (Automotive and Transportation, Food and Beverage, Pharmaceutical, Cosmetics and Personal Care (Includes hand-Sanitizer), Other End-user Industries) And Competitive Landscape
Product Code: ETC189757 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

Thailand Ethyl Alcohol Market: Import Trend Analysis

Thailand import trend for ethyl alcohol in 2024 exhibited a growth rate of 6.02%, contrasting with a compound annual growth rate (CAGR) of -12.39% from 2020 to 2023. This shift in momentum could be attributed to evolving demand patterns or changes in trade policies impacting market stability.

Ethyl Alcohol Market: Thailand vs Top 5 Major Economies in 2027 (Asia)


By 2027, Thailand's Ethyl Alcohol market is forecasted to achieve a growing growth rate of 6.65%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.

Ethyl Alcohol Market: Thailand vs Top 5 Major Economies in 2027 (Asia)

Thailand Ethyl Alcohol Market Synopsis

The ethyl alcohol market in Thailand is estimated to be worth around $4.3 billion in 2025, according to a report from 6Wresearch. The main factors driving the growth of this market are rising demand from domestic and international spirits markets, increasing consumer purchasing power, changing trends towards premium alcoholic beverages, and increasing tourism. In terms of volume, the consumption of ethyl alcohol was about 2.7 million metric tons (MMT) and is expected to grow at a CAGR of 4% during the forecast period.

Drivers of the Market

The Thailand ethyl alcohol market is driven by its widespread industrial applications, including use in pharmaceuticals, cosmetics, and sanitizers. The demand for ethyl alcohol surged during the COVID-19 pandemic, highlighting its importance in hygiene and healthcare.

Challenges of the Market

Ethyl alcohol production in Thailand faces challenges related to the availability of feedstocks and the need for efficient production processes. Balancing the demand for industrial and beverage alcohol while ensuring a stable supply is an ongoing concern.

Trends & Oppourtunites of the Market

Ethyl alcohol, an essential ingredient, presents diverse applications. Entrepreneurs can explore partnerships with pharmaceutical, cosmetic, and industrial sectors, tapping into the versatile demand for this foundational component.

COVID-19 Impact on the Market

During the pandemic, there was an increased demand for ethyl alcohol for use in sanitizers and disinfectants. This led to supply challenges and fluctuations in the availability of ethyl alcohol for non-medical purposes.

Key Players in the Market

The Thailand ethyl alcohol market features players like Thai Ethanolamines Co., Ltd., and PTT Global Chemical Public Co., Ltd., producing ethyl alcohol used in various industries, including alcoholic beverage production and industrial applications.

Key Highlights of the Report:

  • Thailand Ethyl Alcohol Market Outlook
  • Market Size of Thailand Ethyl Alcohol Market, 2024
  • Forecast of Thailand Ethyl Alcohol Market, 2031
  • Historical Data and Forecast of Thailand Ethyl Alcohol Revenues & Volume for the Period 2021-2031
  • Thailand Ethyl Alcohol Market Trend Evolution
  • Thailand Ethyl Alcohol Market Drivers and Challenges
  • Thailand Ethyl Alcohol Price Trends
  • Thailand Ethyl Alcohol Porter's Five Forces
  • Thailand Ethyl Alcohol Industry Life Cycle
  • Historical Data and Forecast of Thailand Ethyl Alcohol Market Revenues & Volume By Grade for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ethyl Alcohol Market Revenues & Volume By Food Grade for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ethyl Alcohol Market Revenues & Volume By Industrial Grade for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ethyl Alcohol Market Revenues & Volume By Pharmaceutical Grade for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ethyl Alcohol Market Revenues & Volume By Lab Grade for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ethyl Alcohol Market Revenues & Volume By End-user Industry for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ethyl Alcohol Market Revenues & Volume By Automotive and Transportation for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ethyl Alcohol Market Revenues & Volume By Food and Beverage for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ethyl Alcohol Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ethyl Alcohol Market Revenues & Volume By Cosmetics and Personal Care (Includes hand-Sanitizer) for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ethyl Alcohol Market Revenues & Volume By Other End-user Industries for the Period 2021-2031
  • Thailand Ethyl Alcohol Import Export Trade Statistics
  • Market Opportunity Assessment By Grade
  • Market Opportunity Assessment By End-user Industry
  • Thailand Ethyl Alcohol Top Companies Market Share
  • Thailand Ethyl Alcohol Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Ethyl Alcohol Company Profiles
  • Thailand Ethyl Alcohol Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Thailand Ethyl Alcohol Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Thailand Ethyl Alcohol Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Thailand Ethyl Alcohol Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Ethyl Alcohol Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Ethyl Alcohol Market - Industry Life Cycle

3.4 Thailand Ethyl Alcohol Market - Porter's Five Forces

3.5 Thailand Ethyl Alcohol Market Revenues & Volume Share, By Grade, 2021 & 2031F

3.6 Thailand Ethyl Alcohol Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F

4 Thailand Ethyl Alcohol Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for ethyl alcohol in the pharmaceutical industry for manufacturing medicines and sanitizers.

4.2.2 Growing use of ethyl alcohol in the food and beverage sector for flavoring and preservation purposes.

4.2.3 Rising demand for ethyl alcohol in the cosmetics and personal care industry for the production of perfumes and skincare products.

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials like sugarcane and grains, impacting the production cost of ethyl alcohol.

4.3.2 Stringent government regulations and taxes on alcohol production and distribution.

4.3.3 Environmental concerns related to the production and disposal of ethyl alcohol by-products.

5 Thailand Ethyl Alcohol Market Trends

6 Thailand Ethyl Alcohol Market, By Types

6.1 Thailand Ethyl Alcohol Market, By Grade

6.1.1 Overview and Analysis

6.1.2 Thailand Ethyl Alcohol Market Revenues & Volume, By Grade, 2021-2031F

6.1.3 Thailand Ethyl Alcohol Market Revenues & Volume, By Food Grade, 2021-2031F

6.1.4 Thailand Ethyl Alcohol Market Revenues & Volume, By Industrial Grade, 2021-2031F

6.1.5 Thailand Ethyl Alcohol Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F

6.1.6 Thailand Ethyl Alcohol Market Revenues & Volume, By Lab Grade, 2021-2031F

6.2 Thailand Ethyl Alcohol Market, By End-user Industry

6.2.1 Overview and Analysis

6.2.2 Thailand Ethyl Alcohol Market Revenues & Volume, By Automotive and Transportation, 2021-2031F

6.2.3 Thailand Ethyl Alcohol Market Revenues & Volume, By Food and Beverage, 2021-2031F

6.2.4 Thailand Ethyl Alcohol Market Revenues & Volume, By Pharmaceutical, 2021-2031F

6.2.5 Thailand Ethyl Alcohol Market Revenues & Volume, By Cosmetics and Personal Care (Includes hand-Sanitizer), 2021-2031F

6.2.6 Thailand Ethyl Alcohol Market Revenues & Volume, By Other End-user Industries, 2021-2031F

7 Thailand Ethyl Alcohol Market Import-Export Trade Statistics

7.1 Thailand Ethyl Alcohol Market Export to Major Countries

7.2 Thailand Ethyl Alcohol Market Imports from Major Countries

8 Thailand Ethyl Alcohol Market Key Performance Indicators

8.1 Ethyl alcohol consumption in the pharmaceutical industry for medicinal and sanitization purposes.

8.2 Number of new product launches in the food and beverage sector containing ethyl alcohol.

8.3 Export volume of ethyl alcohol-based cosmetics and personal care products.

9 Thailand Ethyl Alcohol Market - Opportunity Assessment

9.1 Thailand Ethyl Alcohol Market Opportunity Assessment, By Grade, 2021 & 2031F

9.2 Thailand Ethyl Alcohol Market Opportunity Assessment, By End-user Industry, 2021 & 2031F

10 Thailand Ethyl Alcohol Market - Competitive Landscape

10.1 Thailand Ethyl Alcohol Market Revenue Share, By Companies, 2024

10.2 Thailand Ethyl Alcohol Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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