Press release
Rise in End-User Applications to push the Global Industrial Alcohols Market
According to a new market research report launched by Inkwood Research, the Global Industrial Alcohols Market is flourishing with 8.23% (value) and 9.88% (volume) of CAGR over 2022-2028Browse 78 market data Tables and 53 Figures spread over 246 Pages, along with in-depth analysis on Global Industrial Alcohols Market by Source, Processing, Product Type, End-User & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Industrial Alcohols Market Scenario
Industrial alcohols are used as a reagent or solvent in various end-user applications, including sanitizing, cleaning, etc. It is also finding usage in the manufacturing of multiple food products, medicines, flavorings, and cosmetics. Among all, pharmaceuticals and fuel & energy sectors are prominently contributing to the revenue growth of the overall market.
The global industrial alcohols market is majorly driven by factors, such as massive government support for the production of bioethanol in the developed countries, high demand for biofuels, and emerging applications of alcohols in various end-use industries. Furthermore, the utilization of better, low-cost feedstocks creates opportunities for the development of industrial alcohols, thereby driving the market over the coming years. However, fluctuating prices of raw materials is one of the key restraints expected to hinder market growth.
Request Free Sample Report for Global Industrial Alcohols Market by Source, Processing, Product Type, End-User & by Geography: https://www.inkwoodresearch.com/reports/industrial-alcohols-market#request-free-sample
Market Segmentation
Market by Processing
• Synthetic
• Fermentation
Market by Source
• Grains
• Sugarcane
• Molasses
• Other Sources
Market by Product Type
• Methyl Alcohol
• Isopropyl Alcohol
• Ethyl Alcohol
• Benzyl Alcohol
• Isobutyl Alcohol
• Other Product Types
Market by End-User
• Chemical Intermediates & Solvent
• Fuel
• Pharmaceuticals
• Food & Beverages
• Personal Care Products
• Other End-Users
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
Companies Profiled
• LINDE AG
• ROYAL DUTCH SHELL
• SIGMA ALDRICH CORPORATION
• EXXON MOBIL CORPORATION
• MGP INGREDIENTS INC
• CARGILL INCORPORATED
• CRISTALCO
• GREEN PLAINS INC
• ECOLAB
• EASTMAN CHEMICAL COMPANY
• GREENFIELD GLOBAL INC
• RAÍZEN ENERGIA
• DOW CHEMICAL COMPANY
• THE ANDERSONS INC
• BASF SE
• LYONDELLBASELL INDUSTRIES NV
Related Reports
GLOBAL METHANOL MARKET - Global methanol market to grow at a CAGR of 5.66% between 2019 and 2027.
GLOBAL WHITE SPIRITS MARKET - Global white spirits market is estimated to grow with approx.6.56% CAGR during the years 2018-2026.
GLOBAL HAND SANITIZERS MARKET - Global hand sanitizer market to grow at a CAGR of 9.93% between 2020 and 2028.
GLOBAL ALCOHOLIC SPIRITS MARKET - Global hand sanitizer market is anticipated to grow at a CAGR of 9.93% between 2020 and 2028.
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