The global Industrial Ethanol Market size was USD 77 Billion in 2022 and is expected to reach USD 141.6 Billion in 2032, and register a revenue CAGR of 7% during the forecast period. The expansion of the pharmaceutical and personal care sectors, rising acceptance of Renewable Energy sources, and rising demand for ethanol as a fuel additive are some of the factors driving the market revenue growth. A versatile and environmentally friendly chemical, ethanol is utilized in a variety of industrial processes, including the blending of fuels, the production of Solvents, chemical synthesis, and personal care products.

Rising demand for ethanol as a gasoline additive is a major factor driving revenue growth of the industrial ethanol market. Corn, sugarcane, and cellulosic biomass are just a few examples of the many feedstock that can be used to make ethanol, a renewable fuel source. Since the 1920s, ethanol has been added to gasoline as an octane booster, and today it is blended with gasoline in the majority of countries across the globe. As governments across the glove put laws in place to cut greenhouse gas emissions and support renewable energy sources, the demand for ethanol as a fuel additive is expected to increase.

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Major Companies:

• Archer Daniels Midland Company (ADM)
• Cargill, Inc.
• Green Plains Inc.
• Pacific Ethanol, Inc.
• Valero Energy Corporation
• Biofuel Energy Corporation
• Flint Hills Resources
• Poet LLC
• INEOS Group Limited
• Methanex Corporation

 Key questions addressed in the report:

• What is the expected market size of the global Industrial Ethanol market during the forecast period?
• What CAGR is the global market expected to register during the forecast period?
• Which key factors are expected to boost global market growth between 2021 and 2028?
• What are the key restraints that are expected to hamper global market growth?
• Which regional market is expected to register robust CAGR during the forecast period?
• Which key players are operating the global Industrial Ethanol market?

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Industrial Ethanol Market Segmentation:

By Type Outlook: 

• Fermentation Ethanol
• Synthetic Ethanol
• Others

By Application Outlook: 

• Fuel
• Chemical Intermediates
• Beverages
• Personal Care Cosmetics
• Others

 Key Regional Markets Covered in the Report:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)

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