Bioethanol Market Size, Share, Trends, Analysis Report Forecast Up To 2024




Axiom Market Research & Consulting added a, ”Bioethanol Market Report, By Type, Fuel Blend, End-Use Industry, and Geography – Global Market Share, Trend Analysis & Forecast Up To 2024” Bioethanol is obtained from biomass by fermentation and chemical process. Bioethanol is the biofuel substitute for petrol (gasoline) owing to its high octane value and lower greenhouse gas emissions.


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Bioethanol Market General Overview:
Bioethanol obtained from natural sources such as sugar cane, corn, maize, sugar beets, and wheat crops. Fuels can be produced using bioethanol, these fuels can help in reducing CO2 emissions significantly. Global bioethanol market report includes detailed analysis market share, trend, competitive landscape, drivers, restraints, and opportunities. The global market is estimated and forecasted in terms of volume (MT) and revenue (USD million) for the forecast period 2019 to 2024. Environmental changes and increasing concern regarding greenhouse gas emissions are expected to play a crucial role in boosting the bioethanol market. 


Bioethanol Market Overview by Type:
On the basis of type, the market is divided sugar-based, corn-based (wet milling & dry milling), starch-based, and cellulose-based. Starch-based uses wheat, corn, and other starch raw materials as feedstock to produce bioethanol.


Bioethanol Market Overview by fuel blend:
By fuel blend, the global bioethanol market is bifurcated into E10, E20 & E25, E70 & E75, E85, and others. The E10 blend accounted for the largest market share in 2017. E75 to E85 fuel blend is anticipated to be the fastest growing fuel blend owing to the increasing number of flex-fuel vehicles.


Bioethanol Market Overview by End User:
Bioethanol finds major end-users in transportation, alcoholic beverages, cosmetics, pharmaceuticals, agriculture sector and power generation. Transportation segment is anticipated to be the largest market share during the forecast period due to the increase in adoption of bioethanol as a transportation fuel and blending mandates by several regulatory bodies, such as renewable fuel standard and renewable energy directive. 


Bioethanol Market Overview by Geography:
Bioethanol market is studied across key countries of regions such as, North America, Europe, Asia Pacific and Rest of the World. North America is the prominent region due to a large number of manufacturing companies in present across various North American countries.


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Key Players of Bioethanol Market:
Key players identified across the value chain of the global bioethanol market include, Absolute Energy, LLC. , Green Plains Renewable Energy, Inc., Aemetis, Inc., The Andersons, Inc., Cargill Incorporated, Flint Hills Resources, Fulcrum Bioenergy Inc., Cool Planet Energy Systems Inc., BioAmber Inc., Osage Bio Energy, LLC, etc. and among others.


About Axiom MRC:
Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.


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