Bioethanol Market - Global Industry Analysis, Size and Development Report, 2024
Axiom MRC Added a, “Bioethanol
Market Report, By Type, Fuel Blend, End-Use Industry,
and Geography – Global Market Share, Trend Analysis & Forecast Up To 2024” The
global market is estimated and forecasted in terms of volume (MT) and revenue
(USD million) for the forecast period 2019 to 2024.
Bioethanol Market Outlook
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. Moreover, it is 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.
The global bioethanol market
report includes detailed analysis market share, trend, competitive landscape,
drivers, restraints, and opportunities. Environmental changes and increasing
concern regarding greenhouse gas emissions are expected to play a crucial role
in boosting the bioethanol market. Moreover, higher octane rating at a lower
price than unleaded/pure gasoline is the factor propelling the growth of this
market.
Bioethanol Market Key Players:
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.
Bioethanol Market Segmental Overview
Bioethanol Market
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 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 End-Use Industry:
Bioethanol finds
major end-users in transportation, alcoholic beverages, cosmetics,
pharmaceuticals, and agriculture sector and power generation.
Bioethanol Market
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.
Other related reports:
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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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