| 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 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.
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.

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.
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.
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.
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.
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.
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.
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 |