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The global bioethanol market reached a value of US$ 8.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 13.9 Billion by 2027, exhibiting a CAGR of 8.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Bioethanol is a clear, colorless liquid produced from biomass by hydrolysis and sugar fermentation or using the chemical process of reacting ethylene with steam. It is biodegradable, less toxic, and does not cause environmental pollution as compared to conventional fuels. Consequently, it is gaining traction as a petrol substitute for road transport vehicles around the world. It is blended with petrol without modifying engine designs, which results in reduced greenhouse gas (GHG) emissions and air pollution. Presently, the ongoing research and development activities to produce bioethanol fuel using municipal solid waste are escalating the demand for bioethanol worldwide.
The suburbanization trend and boosting sales of passenger vehicles across the globe on account of inflating disposable incomes represent one of the key factors influencing the market positively. Moreover, the growing environmental concerns among individuals are driving the demand for bioethanol as an alternative to fossil fuels. Apart from this, improving road transport networks are resulting in the increasing use of commercial vehicles. As these vehicles contribute disproportionately to air pollution and congestion, government bodies of numerous countries are implementing stringent regulations to minimize pollutant emissions and encourage the adoption of bioethanol. In addition, bioethanol finds application in existing engines to reduce the amount of carbon monoxide, thereby assisting in improving the overall air quality. Furthermore, as it is skin-friendly and harmless for the health and environment, bioethanol is widely used as a carrier and solvent in cosmetics and personal care products across the globe. It is also employed in the pharmaceutical industry as a major ingredient for formulating drugs, cough syrups, medicinal capsules, and disinfectants. Moreover, it is gaining traction in the food and beverage (F&B) industry as a flavor enhancer.
IMARC Group provides an analysis of the key trends in each sub-segment of the global bioethanol market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, fuel blend, generation and end use industry.
Breakup by Type:
Breakup by Fuel Blend:
Breakup by Generation:
Breakup by End Use Industry:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Abengoa S.A., Archer-Daniels-Midland Company, BP plc, Cristalco (Cristal Union), CropEnergies AG (Südzucker AG), Flint Hills Resources, LLC (Koch Industries, Inc.), Green Plains Inc., Honeywell International Inc., INEOS Capital Limited, Petróleo Brasileiro S.A., POET LLC, Royal Dutch Shell plc and Valero Energy Corporation.
|Base Year of the Analysis||2021|
|Segment Coverage||Type, Fuel Blend, Generation, End Use Industry, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Abengoa S.A., Archer-Daniels-Midland Company, BP plc, Cristalco (Cristal Union), CropEnergies AG (Südzucker AG), Flint Hills Resources, LLC (Koch Industries, Inc.), Green Plains Inc., Honeywell International Inc., INEOS Capital Limited, Petróleo Brasileiro S.A., POET LLC, Royal Dutch Shell plc and Valero Energy Corporation|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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