Manufacturing of Ethanol (Ethyl Alcohol) from Broken Rice, Maize & Wheat.Money Making Startup Business Ideas.
Ethanol, also known as ethyl alcohol, drinking alcohol or grain alcohol, is a flammable, colorless, mildly toxic chemical compound, and is best known as the alcohol found in alcoholic beverages. In common usage, it is often referred to simply as alcohol. Its molecular formula is variously represented as EtOH, CH3CH2OH and C2H5OH or as its empirical formula C2H6O (which it shares with diethyl ether).
Ethanol has been made since ancient times by the fermentation of sugars. All beverage ethanol and more than half of industrial ethanol is still made by this process. Simple sugars are the raw material. Zymase, an enzyme from yeast, changes the simple sugars into ethanol and carbon dioxide.
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Uses of Ethanol
Ø Ethanol is present in alcoholic beverages such as beer, wine, and whisky.
Ø Ethanol is used as antiseptic for sterilizing wounds.
Ø Ethanol is used in cough syrups. Digestive syrups and tonics.
Ø Ethanol is being mixed with petrol and is used as motor fuel. This mixture is called power alcohol.
Ø A mixture of ethanol and water has lower freezing point than water. This mixture is known as antifreeze and is used in radiators of vehicles in cold countries and at hill stations.
Ø Ethanol is used for preparation of chloroform, iodoform, ethanoic acid, ethanal, ethyl ethanoate etc.
Ø Ethyl alcohol is used as hypnotic (induces sleep).
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Market Outlook
India ethanol market
India ethanol market is anticipated to register sound revenues in the coming six years on the back of the rise in the potential growth of the chemical and food & beverage industry. exports coupled with rising production of ethanol across the region tend to increase in disposable income leading to high economic growth which is leaving a positive impact over the market in the coming years. Additionally, rising taste & preferences of the customer as ethanol enhances the use of flavor of the food due to increased consumption of alcoholic beverages and is expected to proliferate the significant demand for the India ethanol market in the foreseeable future.
Corn and sugarcane are common feed stocks for fermentation ethanol. Sugar beet, cassava and damaged food grains like wheat, broken rice, rotten potatoes etc. can also act as ethanol sources, while synthetic ethanol’s primary feedstock is ethylene. Indian government’s initiative to incentivize farmers to store what typically is thought of as agricultural waste, is expected to boost the Ethanol production in the country. Moreover, India’s large-scale sugarcane production is likely to benefit the domestic ethanol producers in the forecast period. Additionally, heavy investments in Ethanol production technologies would further propel the expansion of the domestic Ethanol industry.
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The Indian ethanol market is projected to grow from $ 2.50 billion in 2018 to $ 7.38 billion by 2024, exhibiting a CAGR of 14.50% during 2019-2024, on the back of increasing ethanol use in applications such as fuel additives and beverages. Ethanol is a prominent alcoholic beverage, mainly found in beer, cider, wine, spirits and ale. Indian government is trying to reduce its dependence on imported crude oil and incentivizing Indian sugar manufacturers to produce ethanol for Oil Marketing Companies. It is expected that ethanol production will increase by three to five folds in the future in order to meet the demand for its 20% Fuel Blending Program (FBP). Factors such as increasing alcohol consumption and changing lifestyle along with growing influence of the western culture are likely to drive the demand for ethanol in the country.
Global Ethanol Market
A major factor fueling growth in ethanol market is the rising prominence of ethanol as a fuel or fuel additive in the automotive industry. The rising consumption of ethanol as a fuel is being spurred by economic, political, and social factors. The growing efforts of governments around the world to cut down reliance and slash costs associated with fossil fuel, the increased focus on reducing greenhouse gas emissions, and enhanced emphasis on developing new economies involving the use of indigenous resources is giving impetus to the fuel ethanol market.
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Growing concerns over the environmental damage caused by fossil fuel usage is driving demand for alternative bio-based fuels, thus driving growth in ethanol market. The adoption of regulations to promote ethanol use is also leading to high demand for ethanol as biofuel. The use of ethanol as a fuel additive to conventional fossil fuels is also presenting significant growth opportunity for ethanol market. The growing trend towards blending ethanol with gasoline is aiding market growth. With the auto industry looking for ways to reduce environmental impact, the demand for ethanol as fuel and fuel additive is expected to continuing gaining traction in the years ahead.
Related Project: - Ethanol From Broken Rice, Maize & Wheat
Key Players:-
Ammana Bio Pharma Ltd.
Ghaziabad Organics Ltd.
India Glycols Ltd.
Jeypore Sugar Co. Ltd.
Piccadily Sugar & Allied Inds. Ltd.
Shamanur Sugars Ltd
Shree Renuka Sugars Ltd.
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