Industrial Alcohol Market Global, regional and country-level analysis

Global Industrial Alcohol Market is worth USD 71 billion in 2016 and estimated to grow at a CAGR of 9.8%, to reach USD 113 billion by 2021.

The global Industrial Alcohol market is developing at an exceptionally quick pace. Industrial alcohol is a refined type of ethyl alcohol that is delivered and sold for differed drink purposes. Industrial alcohol is generally disseminated as unadulterated ethyl alcohol. Unadulterated ethyl alcohol is utilized as a part of the compound research facilities or ventures with the end goal of sterilizing, cleaning and other dissolvable use. Besides, this sort of ethyl alcohol is likewise utilized as a part of solutions, as nourishment fixing, seasoning and other restorative items.

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In medicinal division, industrial alcohol is utilized as a part of the way toward assembling antibodies, syrups and sterilizers. Ethyl alcohol, famously named Ethanol is unpredictable, combustible and dreary fluid and is the most broadly utilized biofuel all around. The generation of industrial alcohol is through aging and refining process that requires a specific temperature of warmth as vitality to create. At first industrial alcohol out parted from the development of alcoholic drinks however now a days it is utilized as a dissolvable and blending different chemicals.

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The significant drivers for Industrial Alcohol rising demand of organic solvents owing to efficient properties including high octane number and flammability characteristics . It is a better and cleaner burning fuel which is blended with gasoline and diesel fuels to reduce the fuel consumption and emissions. With the rising environmental concerns and strict government guidelines supporting the development of bioethanol in several countries will further boost industrial alcohol market.

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The Global market for Industrial Alcohol is segmented on the basis of type, source, and application, purity, processing method, functionality and region. Based on application, the market is segmented into Personal Care, Pharmaceutical, Fuel, Food, Chemical. Based on purity, the market is segmented into Denatured alcohol & Unfeatured alcohol. Based on source, the market is segmented into Sugar & molasses, Corn, Grains (excluding corn), Fossil Fuels, Others (whey, cellulosic materials, and algae). Based on Processing Method, the market is segmented into Fermentation Method and Synthetic Method. Based on functionality, the market is segmented into Antimicrobial Activity, Fragrant/Flavoring Agents, Solubility, Antifreeze, and Flammability & Volatility. Based on Type, the market is segmented into ethyl alcohol, methyl alcohol, isopropyl alcohol, benzyl alcohol and others. Ethyl alcohol is the largest used industrial alcohol amongst all these and is used in more applications than any other type of industrial alcohol.

Geographically, the Industrial Alcohol market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East Asia. North America is estimated to constitute the largest share in this market, while the Asia Pacific region is expected to witness the fastest growth and overtake North America, being the second largest shareholder for the market during the forecast period.

MGP Ingredients (U.S.), The Andersons Inc. (U.S.), Sigma Aldrich (U.S.), Grain Processing Corporation (U.S.), Cargill (U.S.), Raizen Energia (Brazil), Green Plains Inc. (U.S.), Cristalco (France), Greenfield Specialty Alcohols (Canada), and Flint Hills Resources (U.S.) are the leaders in the global Industrial Alcohol market.

Scope of the Report
• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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