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The global ethanol market size is estimated to grow at a significant CAGR of around 5% during the forecast period 2021 to 2027. The increasing use of ethanol as a biofuel across the globe is a major factor to drive the market growth. The outbreak of COVID-19 has negatively impacted the market but the use of ethanol sanitizers has supported the market growth positively. Furthermore, the increasing consumption of alcoholic beverages globally is anticipated to boost the market growth over the forecast period. Moreover, the increasing use of ethanol in industrial applications such as chemicals, ph
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