U.S. Industrial Ethanol Market Share To Reach Scalable Heights Of Growth
U.S. Industrial Ethanol Industry The U.S. industrial ethanol market size is expected to reach USD 44.20 billion by 2025, according to a new study by Grand View Research, Inc. It is anticipated to expand at a CAGR of 4.9% over the forecast period. The market is majorly driven by increasing demand from various application industries such as food and beverage, cosmetics and personal care, pharmaceuticals, electronics, and fuel. The country has produced ethanol at record levels and experienced an increase in domestic and export demand accompanied by the construction of new production facilities in 2017. Industrial ethanol market in U.S. is anticipated to continue witnessing impressive growth on account of growing demand from various application industries. The regional growth is driven by the individual contribution in application industries such as pharmaceutical, fuel, cosmetics and personal care, printing inks, paints and coatings, detergents, and food and beverages. E...