Global Industrial Alcohol Market is on the rise owing to mounting utilization of alcohol as a sanitizer for cleaning
Industrial Alcohol Market By Type (Ethyl, Methyl, Isopropyl, Isobutyl, Benzyl Alcohol), By Source (Sugar & Molasses, Corn, Grains, Fossil Fuels), By Application (Personal Care, Pharmaceutical, Fuel, Food, Chemical)
(EMAILWIRE.COM, August 22, 2018 ) The Global industrial Alcohol market is worth USD 85.6 billion in 2018 and estimated to develop at a CAGR of 9.8%, to reach USD 136.61 billion by 2023. The alcohol industry is the economic enterprise worried about the manufacturing, distribution, and sale of alcoholic drinks. Alcohol used in industries is denatured alcohol this is normally ethyl alcohol. This denatured alcohol is of 2 sorts: kind A (absolutely denatured alcohol) and type B (particularly denatured alcohol). Moreover, ethanol, being the majorly produced and consumed alcohol, is extensively implemented as a biofuels globally. Those fuels are produced by fermentation of sugars derived from wheat, corn, sugar beets, sugar cane, and molasses.
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Growing demand for organic solvents is propelling the market growth
Factors affecting market growth:
Used in exclusive products like cosmetics (+)
Increased usage of alcohols as a strength source (+)
Growing demand of organic solvents (+)
Rising demand for biofuels (+)
Used for synthesizing of other chemical substances (+)
Mounting environmental concerns (-)
Strict government guidelines (-)
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Market Segmentation
The Global industrial Alcohol market is segmented on the basis of
Source
Introduction
Sugar & Molasses
Corn
Grains (Excl. Corn)
Fossil Fuels
Other Sources
Type
Introduction
Ethyl Alcohol
Methyl Alcohol
IsopropylAlcohol
IsobutylAlcohol
BenzylAlcohol
Other Types
Application
Introduction
Fuel
Chemical Intermediates & Solvent
Pharmaceuticals
Personal Care Products
Food Ingredients
Other Applications
Purity
Introduction
DenaturedAlcohol
Undenatured Alcohol
Functionality
Introduction
Antimicrobial Activity
Fragrant/Flavoring Agents
Ethyl alcohol is the most important used business alcohol among a lot of these and is utilized in greater applications than every other kind of industrial alcohol.
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Key players:
The dominating companies of the market include 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.).
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast
Address: 2nd Floor, Above ICICI Bank,B-44, Rd Number 3, Journalist Colony, Film Nagar, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
Request Report Sample: https://www.marketdataforecast.com/market-reports/industrial-alcohol-market-3661/request-sample
Growing demand for organic solvents is propelling the market growth
Factors affecting market growth:
Used in exclusive products like cosmetics (+)
Increased usage of alcohols as a strength source (+)
Growing demand of organic solvents (+)
Rising demand for biofuels (+)
Used for synthesizing of other chemical substances (+)
Mounting environmental concerns (-)
Strict government guidelines (-)
Get your customized report: https://www.marketdataforecast.com/market-reports/industrial-alcohol-market-3661/customize-report
Market Segmentation
The Global industrial Alcohol market is segmented on the basis of
Source
Introduction
Sugar & Molasses
Corn
Grains (Excl. Corn)
Fossil Fuels
Other Sources
Type
Introduction
Ethyl Alcohol
Methyl Alcohol
IsopropylAlcohol
IsobutylAlcohol
BenzylAlcohol
Other Types
Application
Introduction
Fuel
Chemical Intermediates & Solvent
Pharmaceuticals
Personal Care Products
Food Ingredients
Other Applications
Purity
Introduction
DenaturedAlcohol
Undenatured Alcohol
Functionality
Introduction
Antimicrobial Activity
Fragrant/Flavoring Agents
Ethyl alcohol is the most important used business alcohol among a lot of these and is utilized in greater applications than every other kind of industrial alcohol.
Browse full Table of Contents: https://www.marketdataforecast.com/market-reports/industrial-alcohol-market-3661/
Key players:
The dominating companies of the market include 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.).
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast
Address: 2nd Floor, Above ICICI Bank,B-44, Rd Number 3, Journalist Colony, Film Nagar, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results