Ethyl Alcohol Market Size, Share And Growth Analysis For 2023-2032
The Business Research Company's Ethyl Alcohol Global Market Report 2023 – Market Size, Trends, And Market Forecast 2023-2032
LONDON, GREATER LONDON, UK, January 10, 2023 /EINPresswire.com/ -- The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s “Ethyl Alcohol Global Market Report 2023” is a comprehensive source of information that covers every facet of the ethyl alcohol market. As per TBRC’s ethyl alcohol market forecast, the global ethyl alcohol market size is expected to grow from $721.58 billion in 2027 at a CAGR of 6.4%.
The growth in the ethyl alcohol market is due to rising demand for ethanol in the food processing industry. Asia-Pacific region is expected to hold the largest ethyl alcohol market share. Major players in the ethyl alcohol market include Advanced Bioenergy LLC., Andersons Ethanol Group, Archer Daniels Midland Company, Aventine Renewable Energy, Braskem, British Petroleum, Cargill Corporation, Green Plains Inc., Kirin Holding Company, and LyondellBasell Industries NV.
Learn More On The Ethyl Alcohol Market By Requesting A Free Sample (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=3035&type=smp
Trending Ethyl Alcohol Market Trend
Companies are increasingly producing ethanol from corn and sugar in the ethyl alcohol market. Ethanol is produced from corn by the dry milling process. In this process, corn kernels are ground into flour or mash, which is then mixed with water. It is purified through distillation and dehydration to create ethanol. The rising demand for liquid fuels in the transportation industry, the global rising demand for oil, and the negative consequences of global warming have contributed to the increased use of corn-based sugar to produce ethanol, thereby reducing global warming gases.
• 1) By Type: Synthetic, Fermented
• 2) By Application: Industrial Solvent, Fuel/Fuel Additive, Bacteriacide/Disinfectant, Beverages, Personal Care, Other Applications
• 3) By End User Industry: Automotive, Food and Beverages, Pharmaceutical, Personal Care, Other End Use Industries
• By Geography: The global ethyl alcohol market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read more on the global ethyl alcohol market report at:
https://www.thebusinessresearchcompany.com/report/ethyl-alcohol-global-market-report
Ethyl alcohol, also known as ethanol or grain alcohol, is a volatile, flammable, colorless liquid industrially used as a chemical intermediate to make pharmaceutical ingredients or as a solvent. Ethyl alcohol is used as a solvent in the synthesis of other organic chemicals, as an ingredient in alcoholic beverages and as a gasoline additive in the automotive industry.
Ethyl Alcohol Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Ethyl Alcohol Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on ethyl alcohol global market size and drivers, ethyl alcohol global market trends, ethyl alcohol global market major players, competitors' revenues, market positioning, and ethyl alcohol market growth across geographies. The ethyl alcohol global market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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