Global Alcohol Market to Find New Growth Prospects in Extensive Use as Fuels, Solvents, and in Beverages

Transparency Market Research

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Alcohol Market - Global Industry

Analysis, Size, Share, Growth, Trends

And Forecast 2015 - 2023

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REPORT DESCRIPTION

A new market intelligence study by Transparency Market Research presents a detailed overview of the global alcohol market.

The report is titled “Alcohol Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” The report

studies the changing market dynamics of the alcohol industry. It offers a six-year forecast assessed on the basis of historical

figures and present statistics. Graphs, charts, tables, and statistics have been included wherever required.

Alcohol is any compound that has a minimum of one hydroxyl (-OH) group attached to a single bonded alkane. Alcohol of

various types is used across industries for various applications. The market for alcohol is driven by the high consumption of

alcoholic drinks among consumers across the globe. Apart from its use in alcoholic beverages, alcohol is used as fuel, solvents,

preservatives, antifreeze, and antiseptics.

Various methods are used to produce alcohol. They are: Oxo processes, hydration reactions, and biological fermentation. The

types of alcohol available in markets include butanol, glycol, xylitol, ethanol, methanol, pentanol, and sorbitol. Of these, ethanol

is the most used alcohol in the world, with a demand that exceeds 100 bn liters. 80% of the ethanol produced is used as fuel,

since it is considered a renewable fuel with a potential to substitute gasoline. The demand for...