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Bioethanol Market (Raw Material - Sugar-based, Starch-based and Cellulose-based; Blend - E5, E10, E15 to E70 and E75 to E85; End Use Industries - Transportation, Alcoholic Beverages, Pharmaceuticals, Cosmetics and Chemical): Global Industry Analysis, Trends, Market Size and Forecasts to 2024

  • Published : July, 2018

  • Rep Id : CM0245

  • Category : Chemicals & Materials

  • Status : Published

This report provides exclusive insights into the COVID-19 impact on the Bioethanol Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Bioethanol Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Bioethanol Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.

A recent report published by Infinium Global Research on bioethanol market provides in-depth analysis of segments and sub-segments in global as well as regional bioethanol market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional bioethanol market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global bioethanol market. According to the report, the global bioethanol market is projected to grow at a CAGR of 4.2% over the forecast period of 2018-2024.


Bioethanol Market

 

Market Insight

Bioethanol is used as a fuel substitute for road transport vehicles. Bioethanol is mainly formed by the sugar fermentation process as well as it is also produced by the chemical process of reacting ethylene with steam. The sugar is derived from the energy crops that are specially grown for energy use including corn, wheat crops, sawdust, sawdust, cordgrasses, and others. The ethanol is a colorless liquid with low toxicity and does not cause any environmental pollution if it is used as fuel for transportation vehicles. Thus ethanol is now been considered as one of the best suitable alternatives for the traditional fuels.


Transportation vehicles are one of the major pollutions contributors as they produce a significant amount of carbon monoxide, nitrogen oxides, and other pollutants according to the EPA (U.S. environmental protection agency sets National Ambient Air Quality Standards (NAAQS) for six common air pollutants that include Carbon Monoxide, Lead, Nitrogen Dioxide, and others. Thus people are shifting towards ethanol based cars which in turn would help bioethanol market.

 

The environmental related concerns are rising among the population across the world which creates the demand for bioethanol products worldwide. The fuel produced from the crops is not only used for the transportation purpose but it also used in power generation, chemical manufacturing, cogeneration systems, cosmetics industries, and others as they are available easily and provide clean burning which is driving the growth of bioethanol market. However, the growing adoption of hybrid and electric vehicles can hinder the growth of the market. Moreover, ongoing research and development to introduce the new crops for bioethanol production are likely to serve more opportunities for the bioethanol market in upcoming years.


Geographically, North America accounts for a major share of the global bioethanol market and Asia-Pacific is growing with the highest CAGR. In the North America region, various countries such as the U.S., the government have some stringent environment related regulation as a result, bioethanol is used as an alternative to traditional fuel. Furthermore, the technological advancements and the easy availability of the raw products for bioethanol are likely to escalate the growth of bioethanol the market in this region. Moreover, the presence of major agriculture countries such as India & China and the availability of the land for the production of corn, wheat crops, sawdust, sawdust, cordgrasses, and others are driving the market of biodiesel in the Asia-Pacific region.


Segment Covered

The report on global bioethanol market covers segments such as raw material, blend and end use industries. On the basis of raw material, the global bioethanol market is categorized into sugar-based, starch-based and cellulose-based. On the basis of the blend, the global bioethanol market is categorized into E5, E10, E15 to E70 and E75 to E85. On the basis of end use industries, the global bioethanol market is categorized into transportation, alcoholic beverages, pharmaceuticals, cosmetics, and chemical.

 

Geographic Coverage

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of.

 

Companies Profiled:

The report provides profiles of the companies in the global bioethanol market  such as Archer Daniels Midland Company, E. I. du Pont de Nemours and Company, Royal Dutch Shell PLC, Vivergo Fuels Limited, Honeywell, New Generation Biofuels Holdings, Inc., CropEnergies AG, Butalco GmbH and others.

 

Report Highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global bioethanol market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of bioethanol market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the bioethanol market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the bioethanol market to understand the present and future trends in this market and formulate their strategies accordingly.


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