Lucintel Forecasts the Global Ethanol Derivative Market is expected to grow with a CAGR of 5.6% from 2024 to 2030
Lucintel Forecasts the Global Ethanol Derivative Market is expected to grow with a CAGR of 5.6% from 2024 to 2030
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According to a market report by Lucintel, the future of the global ethanol derivative market looks promising with opportunities in the pharmaceutical, paint & coating, food & beverage, personal care & cosmetic, agrochemical, plastic & resin markets. The global ethanol derivative market is expected to grow with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are rising demand for ethanol derivatives as a cleaning agent and solvent, growing interest in renewable energy sources and the transition to biofuels, increasing demand for environmentally friendly energy options and the enforcement of stricter environmental laws.
A more than 150-page report to understand trends, opportunity and forecast in ethanol derivative market to 2030 by product type (ethyl acetate, ethylamines, ethylene, ethyl ether, ethyl chloride, and others), distribution channel (direct sale, distributor, and online retail), end use (pharmaceutical, paint & coating, food & beverage, personal care & cosmetic, agrochemical, plastic & resin , and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the product type category, ethyl acetate is expected to witness the highest growth over the forecasts period due to extensive applications across the various industries.
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In terms of regions, APAC is expected to witness the highest growth over the forecasts period due to increasing demand for ethanol derivatives in the paints and coatings, personal care, and cosmetics industries in the region.
Archer Daniels Midland, Cargill, Green Plains, Valero Energy, The Andersons, Flint Hills Resources, Pacific Ethanol, Poet, MGP Ingredients, VeraSun Energy are the major suppliers in the ethanol derivative market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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