Market Trends

Overview Ethyl Alcohol Market size is forecast to reach the market size of $24 billion by 2025, after growing at a CAGR of 6.03% during 2020-2025. Increasing demand for ethanol as a biofuel, expanded use in the manufacture and storage of alcohol and strict government regulations to limit the use of fossil fuels. On the flip side, a rise in understanding of alcohol consumption's ill effects and the introduction of hybrid electric cars is expected to hamper the growth of ethyl alcohol industry.  Fractional distillation is a method of separating a liquid from a two- or more-liquid mixture. Liquid ethanol, for example, maybe separated by fractional distillation from a mixture of ethanol and water. Fractional freezing was introduced to separate a mixture that in this case contains a volatile organic compound; ethanol and water. By using freezing process, the mixture was separated, since both ethanol and water have different freezing points. Request Sample Report Coverage The report:  “