Industrial Alcohol Market Report 2023 : By CAGR, Industry Growth, Competition Analysis

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Industrial Alcohol Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Industrial Alcohol Market Segments
The Business Research Company segments its
Industrial Alcohol market report as
Isopropyl Alcohol, Methyl Alcohol, Ethyl Alcohol,
Isobutyl Alcohol, Benzyl Alcohol
By Type
Molasses, Sugar, Grains, Fossil Fuels
By Source
By Processing Method
Fermentation, Synthetic
Fuel, Chemical Intermediates Solvent,
Pharmaceuticals, Personal care products, Food
Ingredients
By Application
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Market Statistics
The global industrial alcohol market size grew
from 143.77 billion in 2022 to 160.49 billion
in 2023 at a compound annual growth rate (CAGR)
of 11.6. The industrial alcohol market size is
expected to grow to 247.16 billion in 2027 at a
CAGR of 11.4.
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Key Market Drivers And Trends
Drivers
The increasing demand for biofuels among
end-users is significantly contributing to the
growth of the industrial alcohol market going
forward.
Trends
Technological advancements are the key trend
gaining popularity in the industrial alcohol
market.
Region
North America was the largest region in the
industrial alcohol market in 2022. Asia-Pacific
is expected to be the fastest-growing region in
the forecast period. The regions covered in the
industrial alcohol market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa.
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Key Market Players

• Major players in the Industrial Alcohol
• market are
• Schlumberger Limited
• Samson AG
• Velan Inc
• Curtiss-Wright Corporation
• Crane Holdings Co
• And more.

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