Press release
Industrial Alcohol Market to reach USD 47 Bn by 2027, emerging at a CAGR of 36 percent and forecast 2023-2029
Industrial Alcohol Market Report Scope and Research MethodologyMaximize Market Research Pvt Ltd, a leading market research firm, has released its latest report on the Industrial Alcohol Market. According to the report, the market was valued at USD 167.71 billion in 2022 and is projected to reach USD 291.17 billion by 2029, reflecting a robust CAGR of 8.2% during the forecast period (2023-2029).
The comprehensive report delves into the diverse facets of the industrial alcohol market, providing valuable insights into market dynamics, drivers, restraints, segment analysis, and regional perspectives. The report offers a thorough understanding of the current market landscape, trends, and growth opportunities.
Maximize Market Research Pvt Ltd employed a rigorous research methodology to compile this report, ensuring accuracy and reliability. The research incorporates a blend of primary and secondary sources, industry experts' insights, and cutting-edge analytical tools to deliver a comprehensive and insightful assessment.
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Industrial Alcohol Market Dynamics:
The report highlights key drivers propelling the industrial alcohol market, including the growing alcohol consumption across various sectors, the increased usage of bioethanol as a cleaner-burning fuel, and the rising demand for alternative fuels amid concerns about energy security and environmental impact.
It also addresses significant restraints such as the environmental impact of fossil fuel use in production, stringent government regulations, and the high cost of isopropyl and isobutyl synthesis hindering market growth.
Industrial Alcohol Market Regional Insights:
The regional analysis reveals that the Asia-Pacific region dominates the global Industrial Alcohol Market, with China and India expected to benefit from rising industrial alcohol prices. North America, particularly the United States, holds a substantial market share, driven by increased ethanol usage as a transportation fuel.
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Industrial Alcohol Market Segmentation:
by Product
Isopropyl Alcohol
Methyl Alcohol
Ethyl Alcohol
Isobutyl Alcohol
Benzyl Alcohol
Others
by Sources Type
Molasses
Sugar
Grains
Fossil Fuels
Others
by Application
Fuel
Chemical Intermediates & Solvent
Pharmaceuticals
Personal Care Products
Food Ingredients
Others
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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)
Get to Know More About This Market Study:https://www.maximizemarketresearch.com/market-report/industrial-alcohol-market/13472/
1.Global Industrial Alcohol Market: Research Methodology
2.Global Industrial Alcohol Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Industrial Alcohol Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4 . Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Contact Maximize Market Research:
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Chicago, IL, 60606, USA.
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About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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