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Industrial Alcohol Market Worth 180.83 Billion USD by 2022


News provided by

MarketsandMarkets

16 Feb, 2017, 15:30 GMT

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PUNE, India, February 16, 2017 /PRNewswire/ --

The report "Industrial Alcohol Market by Type (Ethyl, Methyl, Isopropyl, Isobutyl, Benzyl Alcohol), Source (Sugar & Molasses, Corn, Grains, Fossil Fuels), Application (Personal Care, Pharmaceutical, Fuel, Food, Chemical), and Region - Global Forecast to 2022", published by Markets and Markets, is projected to reach USD 180.83 Billion by 2022 in terms of value, at a CAGR of 9.8% from 2017 to 2022.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 71 market data Tables and 66 Figures spread through 169 Pages and in-depth TOC on "Industrial Alcohol Market"

http://www.marketsandmarkets.com/Market-Reports/industrial-alcohol-market-202506822.html

Early buyers will receive 10% customization on this report. 

Industrial alcohol is widely accepted either as a reagent or solvent in a wide number of applications, such as the pharmaceutical, personal care, energy sector, and chemical industries. Their multi-functionality increases its adoption in end-use applications. Also, the growing demand of biofuel and increase in demand for alcohol across varied sectors has expanded the application areas of industrial alcohol.

Ethyl alcohol is projected to be the largest segment 

The ethyl alcohol segment is estimated to account for the largest market share in the Industrial Alcohol Market in 2017, due to its wide range of applications in the biofuel industry. Ethyl alcohol is considered as the most widely used industrial alcohol, owing to their multi-functional properties and their vast applications in the biofuel, pharmaceutical, personal care, food ingredients, and chemical industries. Following ethyl alcohol, methyl alcohol occupies a dominating share in the Industrial Alcohol Market, owing to its high demand in the chemical industry and the growing demand in biodiesel application.

Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=202506822

Fuel: The most widely preferred industrial alcohol application 

The fuel segment accounted for the largest share in the Industrial Alcohol Market, in terms of value and volume, in 2015. Due to functional properties such as high octane number and flammability characteristics, ethyl alcohol, methyl alcohol, and isobutyl alcohol are widely used in the fuel and energy sector. Increase in demand for biofuel and growing awareness of deteriorating environment quality are driving the demand for industrial alcohol in the fuel sector. With the increasing environmental concerns, massive government support for the development of bioethanol in developed countries, wide applications of industrial alcohol among majority of sectors and positive investigations for better and low priced feedstocks create a platform for newer developments of industrial alcohol, which drives the increase in demand and market growth for alcohol-based products.

Make an Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=202506822

Asia-Pacific is estimated to be the most lucrative market for industrial alcohol 

In 2017, the North American region is estimated to hold a significant share in the global Industrial Alcohol Market, whereas Asia-Pacific is projected to grow at the highest CAGR during the forecast period. Some factors that influence their share in the market include availability of feedstock such as corn, stringent regulations in the energy sector imposed by the government, increased consumer awareness on environment safety & carbon emissions, strong logistic facilities, and advanced technological developments. Development of ethanol from agricultural wastes and algae is one of the latest trends in the industrial alcohol industry of countries such as the U.S. and Canada. The Asia-Pacific market is driven by the growing demand for industrial alcohol in developing countries such as India, China, and Thailand.

The Industrial Alcohol Market report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Cargill (U.S.), Raizen Energia (Brazil), Green Plains Inc. (U.S.), Cristalco (France), and MGP Ingredients (U.S.).

Browse related reports: 

Specialty Malt Market by Type (Roasted, Crystal, and Dark), Application (Brewing, Distilling, Non-alcoholic Malt Beverages, Bakery), Source (Barley, Wheat, and Rye), Form (Dry & Liquid), and Region - Global Forecast to 2022

http://www.marketsandmarkets.com/Market-Reports/specialty-malt-market-104724801.html

Renewable Chemicals Market - Alcohols (Ethanol, Methanol), Biopolymers (Starch Blends, Regenerated Cellulose, PBS, Bio-PET, PLA, PHA, Bio-PE, and Others), Platform Chemicals & Others - Global Trends & Forecast to 2020

http://www.marketsandmarkets.com/Market-Reports/renewable-chemical-274.html

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
MarketsandMarkets
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/food-and-beverage

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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