Industrial Alcohol Market Overview
The MMR report for the Industrial Alcohol market provides the all business scope for the market along with market dynamics, competitive analysis, PESTLE analysis, PORTER analysis, and market forecast region-wise as well as economy-wise also.
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Market Scope
For maximum efficiency, a variety of customers across the Industrial Alcohol market are searching for new market mapping tools to add to their armoury. Moreover, during the projected period, the opportunity for vertical integration is expected to broaden the product breadth. MMR is delivering the report with the highest emphasis given to the concerned organizations and enterprises working in the automation industry.
By examining market segments and estimating market size, the MMR research also supports the understanding of the Industrial Alcohol Market dynamics and structure. Because it clearly illustrates competitive analyses of significant companies in the industry, the research is an investor’s guide.
Segmentation:
North America obtained a sizable part of the market in 2021. The increased usage of ethanol as a transportation fuel in the region is moving the market forward. Automobile popularity is increasing demand for ethanol fuel, which helps to cut total prices. Meanwhile, the Asia-Pacific area is expected to see the strongest growth rate between 2022 and 2029. This is owing to the increased emphasis on reducing global GHG emissions, as well as the region’s low oil usage.
The United States controls more than 75.7% of the North American industrial alcohol market, which is expected to grow at a CAGR of roughly 4.2% over the forecast period. In 2021, the United States had the largest share of the North American industrial alcohol market. Biogenic carbon dioxide, one of the industry’s critical by-products that sometimes goes unrecognised, attracted a lot of attention in 2020.
A quarter of the ethanol facilities in the United States absorb CO2 and utilise it for a variety of purposes ranging from beverage carbonation and wastewater treatment to meat processing and dry ice manufacture. When operating at full capacity, ethanol facilities capture 3 to 3.5 million tonnes of CO2 per year, accounting for approximately 40% of the national supply. The ongoing growth of novel ethanol producing technology is expected to drive growth in the United States.
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Key Players:
• Exxon Mobil Corporation (US)
• Royal Dutch Shell Plc (UK)
• Eastman Chemical Company (US)
• Grain Processing Corporation (US)
• Cargill Inc. (US)
• MGP Ingredients Inc. (US)
• Green Plains Inc. (US)
• MGP Ingredients (US)
• The Andersons, Inc (US)
• The Andersons Inc. (US)
• Greenfield Specialty Alcohols (Canada)
• Logen Corporation (Canada)
• Sigma Aldrich-Merck Group (Germany)
• BASF SE (Germany)
• Lanxess AG (Germany)
• Nordzucker AG (Germany)
• Cristalco (France)
• Birla Sugar (India)
• India Glycols Ltd. (India)
• Dalmia Bharat Group (India)
• HPCL Biofuels Limited (India)
• Praj Industries Ltd. (India)
• Wilmar International (Singapore)
• Sasol Limited (South Africa)
• Raizen Energia (Brazil)
Regional Analysis
Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America are the five regions that make up the Industrial Alcohol market. The regional analysis provided in our report helps you understand the Industrial Alcohol market in different regions. Every region has different factors such as political, geographic, economic, etc. which are affecting the Industrial Alcohol market. Local and regional development plans are often affected by the performance of Industrial Alcohol market. The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
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Key Questions answered in the Industrial Alcohol Market Report are:
Key offerings:
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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