Global Industrial Alcohol market size in 2021 was USD 124,000 million, market value to grow to USD 301,000 million by 2030 at 10.6% CAGR as per Acumen Research and Consulting
Industrial Alcohol Market Overview
The global industrial alcohol market is expected to witness significant growth in the coming years, driven by the increasing demand for biofuels, cleaning and sanitizing agents, and food and beverage applications. Additionally, the rising awareness about the benefits of industrial alcohol in various industries and the growing demand for organic and natural products are also expected to drive the market growth.
Market Segmentation
The industrial alcohol market is segmented based on type, application, and region. Based on type, the market is segmented into ethanol, methanol, isopropyl alcohol, and others. Based on application, the market is segmented into biofuels, cleaning and sanitizing agents, food and beverage, personal care, and others.
Download Free Industrial Alcohol Market Sample report here
https://www.acumenresearchandconsulting.com/request-sample/3022
Why the Market is Growing
The increasing demand for biofuels is one of the major factors driving the growth of the industrial alcohol market. Biofuels are gaining popularity as an alternative to fossil fuels and are being used in transportation, power generation, and other applications. Additionally, the increasing awareness about the benefits of industrial alcohol in various industries, such as cleaning and sanitizing agents, food and beverage, and personal care, is also driving the market growth.
Market Regional Overview
North America, Europe, Asia Pacific, and the Rest of the World are the major regions considered in the industrial alcohol market analysis. North America is expected to hold the largest share of the market, followed by Europe and Asia Pacific. The growth in the market in these regions can be attributed to the increasing demand for biofuels and cleaning and sanitizing agents.
Market Players
Some of the key players operating in the industrial alcohol market include:
ADM CompanyCargill.ShellThe Andersons, Inc.Green Plains Inc.Alto Ingredients, Inc.Molson Coors Beverage CompanyThe Boston Beer CompanyDiageoPernod Ricard
Buy the premium market research report here.
https://www.acumenresearchandconsulting.com/buy-now/0/3022
Check out other related market research reports here.
The Methanol Market is estimated to grow to USD 38.901 billion by the year 2028 at CAGR 4%
Find more such market research reports on our website or contact us directly
Write to us at sales@acumenresearchandconsulting.com
Call us on +918983225533
or +13474743864
Mar 12, 2020: The global Prosthetics and Orthotics market size is expected to reach USD 13.3 billion by 2027, according to a new report by Radiant Insights, Inc., registering a 4.6% CAGR over the forecast period.
Increasing incidences of sports injuries, rising incidence of osteosarcoma, and expanding geriatric population base are key factors driving the market.Rising geriatric population across the globe has become a major factor driving demand for prosthetics and orthotics.
For instance, as per the United Nations, the number of people aged 60 years or over globally is expected to more than double by 2050, increasing from 962 million in 2017 to 2.1 billion in 2050.
The elderly are more susceptible to conditions such as osteoporosis and osteopenia, making them common users of various orthopedic solutions.To Request A Sample Copy Of This Report @: https://www.radiantinsights.com/research/prosthetics-and-orthotics-market/request-sampleIncreasing incidence of osteosarcoma in young adults and children is also driving the market to a great extent.
Around 800 to 900 new cases of osteosarcoma are reported in the U.S. each year as of 2018.Further key findings from the report suggest:In terms of revenue, the orthotics segment is projected to expand at a CAGR of 4.0% over the forecast period.
Increasing cases of diabetes-related amputations across the globe are acting as the driving factor for this segmentBy revenue, Asia Pacific is expected to exhibit the highest growth rate over the forecast period.
The global ''industrial alcohol market'' size is expected to experience significant growth by reaching USD 241.42 billion by 2027.
Fortune Business Insights, in its latest report, titled, “Industrial Alcohol Market Size, Share & COVID-19 Impact Analysis, By Type (Ethyl Alcohol, Methyl Alcohol, Isopropyl, Isobutyl Alcohol, and Others), By Source (Sugar & Molasses, Grains, Corn, Fossil Fuels, and Others), By Application (Personal Care, Chemical Intermediates, Food Industry, Pharmaceutical, Fuels, and Others), and Geography Forecast, 2020-2027.”, mentions that the market stood at USD 111.26 billion in 2019 and is likely to exhibit a CAGR of 11.7% between 2020 and 2027.
The growing concerns over the degradation of environment is driving the demand for its byproducts that and clean and pure, while being affordable across the globe.
List of the Leading Companies Profiled in the Global Industrial Alcohol Market are:Cargill, Incorporated (U.S.)Cristalco (France)Green Plains Inc. (U.S.)Raizen Energia (Brazil)MGP Ingredients (U.S.)Sigma Aldrich (U.S.)The Andersons Inc. (U.S.)Greenfield Specialty Alcohols (Canada)Grain Processing Corporation (U.S.)Flint Hills Resources (U.S.)Other Key PlayersFortune Business Insights provides a detailed evaluation of the global market by analyzing the factors driving the market.
What does the Report Include?The market report includes a detailed assessment of the various market drivers and restraints, opportunities, and challenges that the market will face during the projected horizon.
Moreover, the report includes information sourced from the advice of expert professionals from the industry by our research analyst using several research methodologies for the market.
