Industrial Alcohol Market Leading Players, Survey, Status and Trends Report by 2025 “Globally, the industrial alcohol industry is predicted to grow at CAGR of 8.8% in forecast period, providing numerous opportunity for market players to invest for research and development in the market.”
Industrial Alcohol Market study is providing you with the up-to-date, actionable market information and projections with the latest impact of the Covid 19 outbreak. It offers all the requisite data to support tactical business decisions and come up with strategic growth plans. This study also proposes a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures. The global Industrial Alcohol Market size is expected to value at USD 223.63 billion by 2025. The market is subject to witness a substantial growth due to constantly changing regulations by local governmental agencies across the globe, and major focus on promotion of ethyl alcohol (ethanol) gasoline blend as clean fuel by governments and private bodies. Globally, the industrial alcohol industry is predicted to grow at CAGR of 8.8% in forecast period, providing numerous opportunity for market players to invest for research and development in the market. Ethanol is one of the fastest growing segment in the industrial alcohol market with highest revenue generation in last couple of years. Higher demand for fuel grade ethanol from end-user industries are expected to boost growth of the market in coming years. Increasing health consciousness among individual and governmental agencies are leading to high-end demand of a viable alternative for fossil fuels to curb greenhouse gas emissions, majorly in transportation sector. Critical properties of ethanol such as lower carbon emission makes it an ideal choice as a clean fuel in transportation sector. Applications of the ethanol varies from fuel grade, to pharmaceutical to food & beverage sector. Ethanol is increasingly used as a food grade variant. Industrial alcohol is developed from naturally found variants such as corn, sugarcane syrups, fossil fuels, and other types of grains.
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