Industrial Alcohol Market Overview: 

Maximize Market Research (MMR) published a report on the Industrial Alcohol market. The report is a comprehensive analysis of the Industrial Alcohol market, based on primary and secondary data. It provides a detailed analysis of the market size and share in each region and segment, making it an investor’s guide.

For detail insights on this market, request for methodology here@ https://www.maximizemarketresearch.com/request-sample/13472 

Industrial Alcohol Market Dynamics:

Alcohols are utilised in a variety of businesses, including those that produce food, medications, personal care items, household goods, chemicals, research labs, and paints, inks, adhesives, and coatings. Even though ethyl alcohol is the type of alcohol that is most frequently employed in these industries, isopropyl, benzyl, sorbitol, and maltitol are also used in specialised techniques. Due to its solubility, insect repellent properties, antibacterial properties, preservation qualities, and anti-freezing properties, ethanol has use in the aforementioned fields.

Industrial Alcohol Market Report Scope and Research Methodology: 

The report provides an in-depth analysis of the Industrial Alcohol market at the global, regional, and country levels. It also provides a comprehensive analysis of the competitive landscape of the Industrial Alcohol industry, including the business strategies adopted by the key players. The report includes a list of Industrial Alcohol key competitors, along with their revenue, production capacity, sales, and global presence. SWOT analysis was used to identify the strengths and weaknesses of the key players in the Industrial Alcohol industry. Detailed information on the Industrial Alcohol market dynamics, including drivers, restraints, opportunities, and challenges, is also provided in the report. The bottom-up approach was used to estimate the global and regional Industrial Alcohol market size. Both primary and secondary research methods were used to gather data on market size, market share, regional insights, market dynamics, the performance of key players, and historical data of the industry. The report also includes a detailed value chain analysis, which helps to understand the manufacturing process of Industrial Alcohol, with information on raw materials, customers, and distributors. Additionally, the report includes PORTER, PESTLE analysis, and market attractiveness, which help to understand the Industrial Alcohol market at both macro and micro levels.

Industrial Alcohol Market Regional Insights: 

Geographically, the report is segmented into several key countries, including:

North America: the United States, Canada, and Mexico

Europe: the United Kingdom, Germany, France, Spain, Italy, and the rest of Europe

Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN countries, and the rest of Asia Pacific

South America: Brazil

Middle East and Africa

Industrial Alcohol Market Segmentation: 

by Product
Isopropyl Alcohol
Methyl Alcohol
Ethyl Alcohol
Isobutyl Alcohol
Benzyl Alcohol
Others

According to MMR, the industrial alcohol market is anticipated to be dominated by the ethyl alcohol segment, which is likely to account for more than 31.2% of the market in 2022. It is predicted that throughout the forecast period it would grow at a CAGR of about 3.9%. A renewable fuel with a high octane rating is ethanol alcohol, which can be blended with petrol. The chemical properties of ethanol, which is available in a number of forms, are the same whether it is made from maize, potatoes, wheat, barley, sugar crops, or grain sorghum. The US is regarded as a world leader in the manufacture of ethanol made from maize. Additionally, it is anticipated that increasing sugar production in Brazil and other nations of the Asia-Pacific, such as India and Indonesia, is anticipated to grow the market.
Additionally, sugar molasses is suitable for ethanol production due to its capacity for fermentation. After maize, sugarcane and its derivatives are the second-largest ethanol feedstock in the world. Over the course of the prediction, Brazil is anticipated to produce the most ethanol derived from sugarcane.

by Sources Type
Molasses
Sugar
Grains
Fossil Fuels
Others

According to the analysis, the maize category, which accounted for more than 30.2% of the market, would lead the industrial alcohol market in 2022. It is predicted that throughout the forecast period it would grow at a CAGR of about 4.2%. The expansion of the global ethanol market is anticipated to increase demand for distillers' grains and maize gluten meal. These are most likely to be utilised as animal feedstock or as a biodiesel feedstock.
In 2020, distiller's grains and gluten meal were produced in the United States in amounts of 33.1 million metric tonnes (MMT), according to the Renewable Fuels Association (RFA).
These bio-products can substitute maize, soybean meal, and other high-protein feed ingredients for dairy cows, chickens, pigs, pigeons, fish, turkeys, and other animals.

by Application
Fuel
Chemical Intermediates & Solvent
Pharmaceuticals
Personal Care Products
Food Ingredients
Others

Through application, With more than 26.7% of the market, the transportation fuel and fuel additives segment dominated the industrial alcohol market in 2022. It will expand at a CAGR of about 4.3% during the predicted period, according to MMR. Growth is mostly influenced by the auto industry's ongoing expansion. The segment would also profit from the increase in demand for gasoline-powered cars in Asia Pacific and Europe. Since bioethanol produces less toxic byproducts than other fossil fuels like petrol and diesel, using it in today's petrol vehicles would benefit the environment. Bioethanol can also lengthen the life of an engine. Global production of bioethanol is expected to rise as flexible fuel vehicles become more popular.

For detail insights on this market, request for methodology here@ https://www.maximizemarketresearch.com/request-sample/13472 

Industrial Alcohol Market Key Players: 

1. Exxon Mobil Corporation (US)
2. Royal Dutch Shell Plc (UK)
3. Eastman Chemical Company (US)
4. Grain Processing Corporation (US)
5. Cargill Inc. (US)
6. MGP Ingredients Inc. (US)
7. Green Plains Inc. (US)
8. MGP Ingredients (US)
9. The Andersons, Inc (US)
10.The Andersons Inc. (US)
11.Greenfield Specialty Alcohols (Canada)
12.Logen Corporation (Canada)
13.Sigma Aldrich-Merck Group (Germany)
14.BASF SE (Germany)
15.Lanxess AG (Germany)
16.Nordzucker AG (Germany)
17.Cristalco (France)
18.Birla Sugar (India)
19.India Glycols Ltd. (India)
20.Dalmia Bharat Group (India)
21.HPCL Biofuels Limited (India)
22.Praj Industries Ltd. (India)
23.Wilmar International (Singapore)
24.Sasol Limited (South Africa)
25.Raizen Energia (Brazil)

For any Queries Linked with the Report, Ask an Analyst@ https://www.maximizemarketresearch.com/market-report/industrial-alcohol-market/13472/ 

Key Questions answered in the Industrial Alcohol Market Report are: 

• What is the expected Industrial Alcohol market size by 2029?
• What will be the CAGR of the Industrial Alcohol market during the forecast period?
• What are the Industrial Alcohol market segments?
• Which segment held the largest share in the Industrial Alcohol market?
• How is the competitive scenario of the Industrial Alcohol market?
• Which are the key factors driving the Industrial Alcohol market growth?
• What are the key factors restraining the Industrial Alcohol market?
• Which region holds the maximum share in the Industrial Alcohol market?
• Who are the key players in the Industrial Alcohol industry?

Key Offerings:

• Market Overview
• Market Share
• Market Size
• Forecast |2023-2029
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation- A detailed analysis of each segment and their segments
• Competitive Landscape – Leading key players and other prominent key players.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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