The global industrial alcohol is expected to experience a significant growth by reaching USD 241.42 billion by 2027. The growth is attributable to the increasing demand for renewable energy sources such as biofuels across the transportation industry across the globe. Fortune Business Insights. mentions that the market stood at USD 111.26 billion in 2019 and is likely to exhibit a CAGR of 11.7% between 2020 and 2027.
Source:
https://www.fortunebusinessinsights.com/industrial-alcohol-market-103917
The global industrial alcohol is expected to experience a significant growth by reaching USD 241.42 billion by 2027. The growth is attributable to the increasing demand for renewable energy sources such as biofuels across the transportation industry across the globe. Fortune Business Insights. mentions that the market stood at USD 111.26 billion in 2019 and is likely to exhibit a CAGR of 11.7% between 2020 and 2027.
Source:
https://www.fortunebusinessinsights.com/industrial-alcohol-market-103917
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