Regulatory changes by distinct governments globally, mandating the use of ethanol in gasoline blend as an alternative fuel accompanied by rising demand for ethanol as octane level enhancer is driving the industrial alcohol market. The Global Industrial Alcohol Market is expected to reach USD 223.63 billion by 2025, according to a new report by Grand View Research, Inc. In terms of revenue, ethanol was estimated as the largest product in 2016 and the trend is anticipated to continue at a growth rate of 9.5% over the forecast period. Increasing need for fuel grade ethanol is driving its growth. On account of rising global greenhouse gas emissions, the requirement for an alternative to fossil fuels in transportation is gaining importance. Owing to its lower emission properties, ethanol among the other biofuels is largely preferred as a clean fuel in transportation. Besides fuel grade, ethanol is also available in food grade variant and is used in many industrial, pharmaceutical and ...