Industrial Alcohol Market size was valued at USD 1.25 Billion in 2023 and the total Industrial Alcohol Market size is expected to grow at a CAGR of 7.2% from 2024 to 2030, reaching nearly USD 2.03 Billion in 2030.

Industrial Alcohol Market Overview:

The current condition of terminologies, segments, functions, and industry value chain structure was examined in the Industrial Alcohol Market Research Report. The report offers unbiased expert commentary on the current market situation, previous financial position, consumption patterns rates, demand and supply ratios, and revenue generation estimates for the forecasted time. The Industrial Alcohol Market report also includes information on the strategic aspirations and company growth plans of the major organizations in the Industrial Alcohol Market sector. Mergers and acquisitions, government and private sector transactions, partnerships and collaborations, joint projects, brand marketing, and product launches are some of the approaches studied. To summarise what has been mentioned so far, the study presents a complete picture of the Industrial Alcohol Market on both the global and regional levels.

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Market Scope:

Mergers and acquisitions, government and private sector transactions, partnerships and collaborations, joint projects, brand marketing, and product launches are some of the approaches studied. To summarise what has been mentioned so far, the study presents a complete picture of the Industrial Alcohol Market on both the global and regional levels.

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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Key Players:

The major players covered in the Industrial Alcohol Market report are

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)

Regional Analysis:

The region portion of the research also provides key market-impacting components and changes in market regulatory oversight that have an impact on the market's current and future trends. New deals, substitute sales, national demography, regulatory actions, and import-export taxes are some of the major variables used to forecast the market situation for different areas.

COVID-19 Impact Analysis on Industrial Alcohol Market:

The COVID-19 outbreak has had a significant impact on the global Industrial Alcohol Market industry. Due to the worldwide slump and a lack of employees, Industrial Alcohol Market manufacturing plants have been halted. The COVID-19 epidemic has caused a significant and long-term drop in production utilization, while travel prohibitions and facility closures have kept personnel away from their workplaces, causing the Industrial Alcohol Market to slow down.

Key Questions Answered in the Industrial Alcohol Market Report are:

  • Which segment had the largest share in the Industrial Alcohol Market?
  • How was the competitive scenario of the Industrial Alcohol Market?
  • Which are the key factors responsible for the Industrial Alcohol Market growth?
  • Which region held the maximum share in the Industrial Alcohol Market?

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