Share: OTTAWA, Jan. 18, 2021 (GLOBE NEWSWIRE) -- Precedence Research, Recently Published Report on " Ethanol Market (By Source: Second Generation, Grain-based, and Sugar & Molasses Based; By Purity: Denatured and Undenatured; By Application: Industrial Solvents, Fuel & Fuel Additives, Beverages, Disinfectant, Personal Care, and Others) - Global Market Size, Share, Trends Analysis, Segment Forecasts, Regional Outlook 2021 - 2030". Ethanol is a flammable chemical which is also known as ethyl alcohol. It is a renewable and colorless chemical which is primarily manufactured by the fermentation of sugar-based materials, starch, as well as cellulose based feedstocks including corn, barley, wood, and wheat, among others. Ethyl alcohol is an organic solvent having high solubility, owing to which it is mainly used in the various end-use applications in industrial sector. Ethanol is a primary component in the production of alcoholic beverages and it is extensively used in the pharmaceutical industries as a preservative. Major applications of the ethanol include fuel & fuel additives, disinfectant, beverages, personal care, industrial solvents, and others. Further, the sudden rise of the COVID-19 pandemic has led to an increased usage of alcohol-based hand sanitizers due to which demand for ethanol has been augmented tremendously.