Industrial alcohols act as a reagent as well as a solvent in various industrial applications in the pharmaceuticals, personal care, energy sector, and chemical industries. These alcohols are used in applications other than beverages. These fuels are produced by the fermentation of sugars derived from wheat, corn, sugar beets, sugar cane, and molasses. Furthermore, it is used in petrol engines as an alternative to gasoline. In addition, alcohols such as methanol, benzyl alcohol, and isopropyl alcohol are also used in the production of food products, flavorings, cosmetics, and adhesives.

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By geography, the Asia Pacific is projected to have the highest CAGR, due to the high consumption and production of methyl alcohol in China and ethanol in India. The demand for ethanol is set to grow considerably in India due to the initiatives made by the government of India to use ethanol as an automotive fuel. The global methanol industry is dominated by China accounting for the demand for methanol for blending in gasoline and the production of olefins from methanol resulting in new pricing, economic, and market dynamics.

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Some of the key players profiled in the Industrial Alcohol Market include Archer Daniels Midland, Cargill, Cristalco, Dow Chemical Company, Eastman Chemical Company, EcoLab, Exxon Mobil Corporation, Flint Hills Resources, Grain Processing Corporation, Green Plains Inc, Greenfield Global Inc., Lindeplc, LyondellBasell Industries, MGP Ingredients, Raizen Energia, Royal Dutch Shell Plc, Sigma-Aldrich, The Andersons Inc, Univar Solutions, and Wilmar International.

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2026, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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