Industrial Alcohol Market 2019 - Trends Forecast Analysis by Manufacturers, Regions, Type and Application to 2023

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Industrial Alcohol Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Industrial Alcohol Market Research Report-
Forecast to 2023
Industrial Alcohol Market - Overview
The high purity grade refined ethyl alcohol used
for other than manufacturing of liquor purposes.
It is colorless, volatile, and flammable and is
commonly used as a biofuel. It is found in
various applications such as cosmetics,
pharmaceuticals, and others. The Industrial
Alcohol can be produced by sugar molasses,
corn, grains, fossil fuel, and others. The
Global Industrial Alcohol Market is segmented on
the basis of its type as ethyl alcohol, methyl
alcohol, isopropyl alcohol, isobutyl alcohol,
benzyl alcohol, and others. Among these, the
ethanol (grain alcohol) is the leading segment
due to its wide application in the blending of
gasoline, which enhances the fuel efficiency and
reduces emission. Owing to its anti-bacterial
properties, it is also used across the
pharmaceutical and personal care industry. The
methanol is the second largest segment and can be
used as an antifreeze, solvent, rocket fuel, and
as a denaturant for ethanol. The chemical is also
used to produce biodiesel via transesterification
reaction. The above-mentioned factors are
expected to drive the market growth during the
review period further. However, the volatility in
the raw material prices and the approval from
various regulatory bodies may prove to be a
challenging for the market growth in the coming
years.
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Industrial Alcohol Market Research Report-
Forecast to 2023
Segmental Analysis
The Global Industrial Alcohol Market is
segmented on the basis of the Source, Type,
Application and Region. On the Basis of the
Source, the market is segmented into sugar
molasses, corn, grains, fossil fuels, and
others. Based on the Type, Global Industrial
Alcohol Market is segmented into ethyl alcohol,
methyl alcohol, isopropyl alcohol, isobutyl
alcohol, benzyl alcohol, and others. The
application segment of the Global Industrial
Alcohol Market is further segmented into fuel,
pharmaceuticals, personal care products, food
ingredients, chemical intermediate solvent, and
others. Get Complete Report _at_ https//www.marketr
esearchfuture.com/reports/industrial-alcohol-marke
t-5787
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Industrial Alcohol Market Research Report-
Forecast to 2023
Regional Outlook
The Global Industrial Alcohol Market is
segmented into five regions of North America,
Asia Pacific, Europe, Latin America, and the
Middle East Africa. North America is the
leading region in the Global Industrial Alcohol
Market due to the high demand for high octane
fuel from aerospace and transportation sector in
the region. Asia Pacific is expected to grow at
a higher CAGR on account of the rising demand
from growing chemical industries in countries
such as China and India. Europe is projected to
witness a considerable growth in the Global
Industrial Alcohol Market owing to the growing
demand from various industries such as
automotive, pharmaceuticals, chemicals, and
others. The untapped yet growing industrial
sectors such as automotive and chemicals in GCC
countries may drive the market growth during the
assessment period.
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Industrial Alcohol Market Research Report-
Forecast to 2023
Major Players in this Research

• Industrial Alcohol Market Prominent Players
• Cargill
• Incorporated (U.S.)
• BASF SE (Germany)
• Raizen (Brazil)
• Exxon Mobil Corporation (U.S.)
• Royal Dutch Shell plc (Netherlands)
• Eastman Chemical Company (U.S.)
• Greenfield Global, Inc. (Canada)
• MGP (U.S.)
• Green Plains Inc. (U.S.)
• Cristalco (France)

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