Industrial Alcohol Market Insights, Trends And Forecast 2023 To 2032

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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 Definition
Industrial alcohol is employed in the production
of vaccinations, compound tonics, syrups,
tinctures, liniments, and antiseptics, as well as
medications such as chloroform, atabrine, and
barbiturates. Industrial alcohol refers to
distilled ethyl alcohol used in industrial
applications. It is majorly used as a primary raw
material in the production of chemical compounds
such as acetaldehyde, ethyl acetate, acetic acid,
and others.
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Industrial Alcohol Market Characteristics
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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Industrial Alcohol Global Market Segments
The report covers the industrial alcohol markets
segments-
By Processing Method By Application
Fermentation, Synthetic Fuel, Chemical Intermediates Solvent, Pharmaceuticals, Personal care products, Food Ingredients
By Type
By Source
Isopropyl Alcohol, Methyl Alcohol, Ethyl Alcohol,
Isobutyl Alcohol, Benzyl Alcohol
Molasses, Sugar, Grains, Fossil Fuels
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Major companies in the market include
Key Market Players
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1. Measure the impact of high global inflation on
   market growth
2. Market sizing information from 2017 to 2023 and
   forecasted to 2032
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   commodity supply and its direct and indirect
   impact on all the markets
4. Understand how the market has been impacted by
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   the drivers and trends shaping the market
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10. Benchmark performance against key competitors
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