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The Business Research Company offers industrial alcohol market research report 2023 with industry size, share, segments and market growth
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Industrial Alcohol Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032
Industrial Alcohol Market Definition Industrial alcohol is employed in the production of vaccinations, compound tonics, syrups, tinctures, liniments, and antiseptics, as well as medications such as chloroform, atabrine, and barbiturates. Industrial alcohol refers to distilled ethyl alcohol used in industrial applications. It is majorly used as a primary raw material in the production of chemical compounds such as acetaldehyde, ethyl acetate, acetic acid, and others. Click Here To Read More Insights on This Report
Industrial Alcohol Market Characteristics: The global industrial alcohol market size grew from $143.77 billion in 2022 to $160.49 billion in 2023 at a compound annual growth rate (CAGR) of 11.6%. The industrial alcohol market size is expected to grow to $247.16 billion in 2027 at a CAGR of 11.4%. Click Here To Get A Sample Report
Key Market Drivers And Trends Drivers Trends The increasing demand for biofuels among end-users is significantly contributing to the growth of the industrial alcohol market. Technological advancements are the key trend gaining popularity in the industrial alcohol market. For More Detailed Information On The Market Drivers, Trends, Restraints, Strategies, AndOpportunities On The Industrial Alcohol Market Request For A Sample
Industrial Alcohol Global Market Segments: The report covers the industrial alcohol market’s segments- By Processing Method By Type By Application By Source Fuel, Chemical Intermediates & Solvent, Pharmaceuticals, Personal care products, Food Ingredients Isopropyl Alcohol, Methyl Alcohol, Ethyl Alcohol, Isobutyl Alcohol, Benzyl Alcohol Fermentation, Synthetic Molasses, Sugar, Grains, Fossil Fuels
Major companies in the market include Cargill Incorporated Cristalco Key Market Players RaizenEnergia MGP Ingredients Green Plains Inc Click Here To Get A Sample Report
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