Industrial Alcohol Industry Will be Dominated by the APAC Region in Future
Industrial Alcohol Market Analysis Market Research Future (MRFR) projects the growth of the global industrial alcohol market to be steady and reach a significant valuation over the forecast period of 2022–2030. Industrial alcohol experiences high demand from diverse industries such as automotive, chemical, pharmaceutical, and others since it has multiple advantages. Industrial alcohol can be used as an antimicrobial agent, solvent and as a biofuel which supports the growth of the industrial alcohol market. Industrial alcohol is used for a broad spectrum of uses. Stringent emission norms and regulations mandating the use of ethyl alcohol as biofuel blend with petroleum fuels has spurred the growth of the global Industrial Alcohol Market . Owing to raising awareness regarding greenhouse gas emissions, ethyl alcohol is gaining prominence as a biofuel as they are cleaner-burning fuels than diesel and pure gasoline. Industrial alcohols are also used in the food & beverage industrie...