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.
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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