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The Industrial Alcohol market was valued at $145,552.4 Million in 2022, and is projected to reach $303,274.5 Million by 2032 growing at a CAGR of 7.67% from 2023 to 2032.The industrial alcohol market is driven by factors such as increasing demand for biofuels, rising trend of clean label and natural products, and growing use of industrial alcohol as a disinfectant in the healthcare industry. Opportunities in the market include the expansion of the food and beverage industry, particularly in emerging economies, and the increasing demand for personal care products containing industrial alcohol. Trends in the market include the increasing use of renewable raw materials for the production of industrial alcohol and the shift towards more sustainable production methods. Top companies in the industrial alcohol market include Archer Daniels Midland Company, Cargill Inc., Royal Dutch Shell Plc, and Green Plains Inc. These companies have made various developments in recent years, such as expanding their production capabilities, diversifying their product portfolios, and investing in research and development to improve their production processes and develop new products.