LONDON--(BUSINESS WIRE)--Technavio has been monitoring the ethyl alcohol market and it is poised to grow by USD 21.23 bn during 2020-2024, progressing at a CAGR of 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Increasing demand for ethanol in the food processing industry has been instrumental in driving the growth of the market. However, increasing demand for electric vehicles might hamper market growth. Request a free sample report
Ethyl Alcohol Market 2020-2024: Segmentation
Ethyl Alcohol Market is segmented as below:
- Food and Beverages
- Personal Care
- North America
- South America
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Ethyl Alcohol Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our ethyl alcohol market report covers the following areas:
- Ethyl Alcohol Market size
- Ethyl Alcohol Market trends
- Ethyl Alcohol Market industry analysis
This study identifies growing demand for ethyl alcohol in the automotive industry as one of the prime reasons driving the ethyl alcohol market growth during the next few years.
Ethyl Alcohol Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the ethyl alcohol market, including some of the vendors such as Advanced BioEnergy LLC, Archer Daniels Midland Co., BP Plc, Cargill Inc., Green Plains Inc., INEOS Group Holdings SA, LyondellBasell Industries NV, Mitsubishi Chemical Holdings Corp., Pacific Ethanol Inc. and Solvay SA. Backed with competitive intelligence and benchmarking, our research reports on the ethyl alcohol market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Ethyl Alcohol Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist ethyl alcohol market growth during the next five years
- Estimation of the ethyl alcohol market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the ethyl alcohol market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of ethyl alcohol market vendors
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