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INDUSTRIAL ALCOHOL MARKET ANALYSIS

Industrial Alcohol Market, By Type (Isopropyl Alcohol, Methyl Alcohol, Ethyl Alcohol, Isobutyl Alcohol, Benzyl Alcohol, Others (Pentanol and Methyl-1-Butanol)), By Application (Fuel, Chemical Intermediates & Solvent, Pharmaceuticals, Personal Care Products, Food Ingredients, Other Applications (Adhesives and Coatings)), By Processing Methods (Fermentation, Synthetic), By Source (Molasses, Sugar, Grains, Fossil Fuels, Other Source (Whey and Grapes)), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Regional Analysis

Global Industrial Alcohols Market: Regional Insights

Based on geography, the global industrial alcohols market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America is expected to hold a significant in the global industrial alcohols market. The growing usage of ethanol as fuel is driving the market growth. Additionally, increasing production of automobiles is again encouraging growth of the market.

Asia Pacific is another major market for industrial alcohol owing to the economic expansion and urbanization. This is creating high demand for cosmetics and other personal care products. The region is also a major producer of sugarcane and cereal crops, which are the primary sources for ethanol production. The production of ethanol in the region is further boosted by government-mandated ethanol fuel standards.

  • North America: U.S. and Canada
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Rest of World

Figure 1. Global Industrial Alcohol Market, By Region 2023

Global Industrial Alcohols Market Segmentation:

The global industrial alcohols market report is segmented into type, application, processing methods, source, and geography

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