Industrial Alcohol Market Expecting Huge Demand in Upcoming Years | Lanxess, Haike, Cristalco

Industrial Alcohol Market Expecting Huge Demand in Upcoming Years | Lanxess, Haike, Cristalco

The “Industrial Alcohol Market” intelligence report, just published by USD Analytics Market, covers a micro-level study of important market niches, product offers, and sales channels. to determine market size, potential, growth trends, and competitive environment, the Industrial Alcohol Market provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures the study featured Cargill Inc. (United States), BASF SE (Germany), Exxon Mobil Corporation (United States), MGP Ingredients Inc. (United States), Lanxess (Germany), Green Plains Inc. (United States), Haike Chemical Group (China), Cristalco (France), Greenfield Specialty Alcohols Inc. (Canada), The Andersons Inc. (United States)

The global Industrial Alcohol Market is poised to register a 5.3% CAGR from $124.3 Billion in 2024 to $169.4 Billion in 2030.

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An Overview of the Industrial Alcohol Market
Industrial alcohol is a distilled ethyl alcohol, generally of high proof, produced and sold for other than beverage purposes. It is normally distributed in the form of pure ethyl alcohol, completely denatured alcohol, particularly denatured alcohol and proprietary solvent blends. Furthermore, it is used in laboratories and in industry for its sanitizing, solvent and cleaning properties. Many medicines, food products, flavorings and cosmetics could not be made without it. Moreover, industrial alcohol used to process vaccines, compound tonics, syrups, tinctures, liniments and antiseptics as well as being vital in the manufacture of pharmaceuticals such as chloroform, barbiturates and others.

Industrial Alcohol Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- by Type (Ethyl Alcohol, Methyl Alcohol, Isopropyl Alcohol, Isobutyl Alcohol, Others), Application (Fuel, Chemical Intermediates & Solvent, Pharmaceuticals, Personal Care Products, Food Ingredients, Others), Distribution Channel (Online, Offline), Source (Grains, Sugar & Molasses, Corn, Fossil Fuels, Others) and significant players are the market segments.

 

In order to provide a thorough analysis of the industry, the report compiled data from over 22 jurisdictions or nations across Europe, North America, South America, Asia Pacific, and MEA.

Geographically, the global version of the report has the following country inclusion:
• North America [United States, Canada, and Mexico]
• Europe [Germany, the UK, France, Italy, Netherlands, Belgium, Denmark, Spain, Sweden, and the Rest of Europe]
• Asia-Pacific [China, Japan, South Korea, India, Australia, Indonesia, and Others]
• South America [Brazil, Argentina, Colombia, and the Rest of South America]
• the Middle East and Africa (South Africa, Turkey, Israel, GCC Countries, and the Rest of Africa)

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The primary goal of this study is to determine which market niches or nations that companies and investors  should concentrate on in the future in order to allocate their resources and efforts toward Industrial Alcohol that will optimize growth and profitability. The year 2024 will see notably slower growth, and given the dynamic macroeconomic and regulatory environment, major markets in North America and Western Europe will need “heavy lifting” to handle these tendencies.

In the Industrial Alcohol industry, distribution channels are always crucial because of the “push” nature of many offerings in the sector. In an effort to strengthen their relationship with customers, companies have been refining their distribution model. As the Internet becomes more widely used and consumers start to value expediency, digital purchases are growing in popularity in Industrial Alcohol.

Furthermore, the years considered for the study are as follows:
Historical year – 2018-2023
Base year – 2023
Forecast period** – 2024 to 2032 [** unless otherwise stated]

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Major Highlights of TOC:
Chapter 1: Overview of the Industrial Alcohol Market Industry
1.1.1 Overview;
1.1 Industrial Alcohol Industry
1.1.2 Key Companies’ Products
1.2 Market Segment by Industrial Alcohol
1.2.1 Industry Chain
1.2.2 Customer Behavior & Distribution Routes
Chapter Two: Demand for Industrial Alcohol Worldwide
2.1 Overview of the Segment
2.2 Industrial Alcohol Market Size (2018-2023) by Application/End Users
2.3 Application/End User Forecast for the Industrial Alcohol Market (2024E-2032)

Chapter 3: Type-wise Industrial Alcohol Market
3.1 According to Type
3.2 Market Size for Industrial Alcohol by Type, 2018-2023
3.3 Market Forecast for Industrial Alcohol by Type (2024E-2030)

Chapter Four: Industrial Alcohol Market: by Region/Country
4.1 Industrial Alcohol Market by Regions
4.2 Industrial Alcohol Market Revenue & Share by Region
4.3 North America
4.4 Europe
4.5 the Asia Pacific
4.6 South America
4.7 the Middle East & Africa
Player Analysis in Chapter Five
5.1 Players’ Market Share Analysis (2023)
5.2 Regional Market Concentration Rates
5.3 Overviews of Companies
……….continued

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