Industrial Alcohol Market: was valued at USD 167.71 Bn in 2022, and it is expected to reach USD 291.17 Billion by 2029, exhibiting a CAGR of 8.2 % during the forecast period (2023-2029)

Industrial Alcohol Market Report Overview

The report provides a comprehensive analysis of the current and future market scenario for the Industrial Alcohol market. It provides insights and updates on the key sectors, including demand across the world, product manufacturing, income generation, and sales and revenue. The report also provides two scenarios for a complete analysis of the market, including Industrial Alcohol sales in the forecast period. The first scenario is based on the assumption that the Industrial Alcohol market will continue to grow at its current rate. The second scenario is based on the assumption that the market will experience some disruption, such as a change in regulations or a new product entering the Industrial Alcohol industry. The report also includes a detailed analysis of the competitive landscape, including the key players, their strategies, and their strengths and weaknesses. This analysis will help businesses to identify opportunities and threats in the market and to develop strategies to succeed.

Industrial Alcohol Market Report Scope and Research Methodology

The Industrial Alcohol market report provides a comprehensive analysis of the market, including recent developments, trade regulations, import/export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths and regional growth.

The report also includes a PESTLE analysis, which identifies the micro and macro-level factors that are influencing the market. A SWOT analysis is also included, which identifies the strengths and weaknesses of the market. The report also focuses on the global key players in the market, including market leaders, followers, and new entrants.

Industrial Alcohol Market Regional Insights

The research covers a detailed analysis of the market size and dynamics in North America, Canada, Mexico, Europe, Germany, France, Spain, Italy, Rest of Europe, Asia-Pacific, China, India, Japan, Australia, Korea, ASEAN countries, rest of APAC, South America, Brazil,  Middle East and Africa.

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Industrial Alcohol Market Segmentation

According to the survey, the corn sector, which accounted for more than 30.2% of the market, will lead the industrial alcohol market in 2022. It is predicted that throughout the projection period it would grow at a CAGR of about 4.2%. The expansion of the global ethanol market is anticipated to increase demand for distillers' grains and corn gluten meal. These are most likely to be utilized as animal fodder or as a biodiesel feedstock.

In 2020, distiller's grains and gluten meal were produced in the United States in amounts of 33.1 million metric tonnes (MMT), according to the Renewable Fuels Association (RFA).

Industrial Alcohol Market Size and Forecast, by Product (2022-2029)
. Isopropyl Alcohol
. Methyl Alcohol
. Ethyl Alcohol
. Isobutyl Alcohol
. Benzyl Alcohol
. Others
Industrial Alcohol Market Size and Forecast, by Application (2022-2029)
. Molasses
. Sugar
. Grains
. Fossil Fuels
. Others
Industrial Alcohol Market Size and Forecast, by Application (2022-2029)
. Fuel
. Chemical Intermediates & Solvent
. Pharmaceuticals
. Personal Care Products
. Food Ingredients
. Others

Industrial Alcohol Market Key Players

• 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)

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Key questions answered in the Industrial Alcohol Market are:

• What is the expected Industrial Alcohol market size by the end of the 2029?
• What is the expected CAGR of the Industrial Alcohol market during the forecast period?
• What are the emerging trends in the Industrial Alcohol Market?
• What are the factors contributing to the final price of Industrial Alcohol?
• What are the major challenges that the Industrial Alcohol Market could face in the future?
• Who held the largest market share in the Industrial Alcohol Market?

Key Offerings:

• Past Market Size and Competitive Landscape (2017 to 2021)
• Past Pricing and price curve by region (2017 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2023−2029
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation – A detailed analysis by segments and their sub-segments
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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