Bioethanol Market research report 2022 covers major companies – Cropenergies AG (Germany),Cristal Union (France)
Research Reports
May 25, 2022
Bioethanol Market Overview –
The Bioethanol Market is valued at USD 58.44 billion in 2020 and is expected to increase at a substantial pace of 7.65% CAGR over the forecast period, with the bioethanol market size reaching USD 85.71 billion (2022-2030).
Bioethanol is a biofuel that is made from natural sources such as maize, sugarcane, and corn. This is used as a substitute for gasoline. Bioethanol producers are concentrating their efforts on agricultural and forest leftovers, as well as energy crops such as miscanthus, switchgrass, and sugarcane bagasse. It can be used as a standalone fuel or in combination with other fossil fuels. It’s a colourless, clear liquid that’s biodegradable and touted as a green fuel.
According to the Energy Information Administration (EIA), by 2035, the number of automobiles will have increased to 1.7 million. As a result, the transportation sector consumes the most liquid fuel, approximately 73 per cent of the total, and consumption is predicted to reach 21.9 million gallons per day, up from 19.1 million barrels per day in 2009.
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Bioethanol Market: Prominent Players
Cropenergies AG (Germany),Cristal Union (France),Archer Daniels Midland Company (U.S.),Petrobras (Brazil), Tereos (France),Alcogroup (Serbia),DowDuPont (U.S.),BlueFire Renewables Inc. (U.S.),Pannonia Bio (Hungary),Valero Marketing and Supply Company (U.S.),BP PLC (U.K.), and others.
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Market Segmentation
The market for bio-ethanol is analyzed, and market size data is provided by regions. The Bio-Ethanol market is split by application into the United States, Europe, China, Japan, Southeast Asia, India, and the Rest of the World. The research contains market size estimates for each region for the years 2022-2028. It also contains market size and forecasts in terms of sales and revenue for the years 2022-2028 by players, Type, and Application segment.
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Regional Classification
The bioethanol market is divided into five primary regions around the world: North America, Latin America, Europe, Asia-Pacific, the Middle East and Africa. North America leads the bioethanol market with a 58 per cent share, thanks to rising government support for the development of environmentally benign and sustainable fuels. This region’s substantial maize farming creates a positive and fertile economic climate. This region is expected to be the primary regional market for bioethanol due to the expansion of the transportation sector and increased demands to restart the industry with more environmentally friendly alternatives. Furthermore, technical advancements and the fast-growing automobile industry are expected to develop dramatically during the next seven years.
Due to increased government support for bioethanol and the availability of fertile land with high soil fertility in Brazil and Columbia, Latin America holds the second-largest market share. Sugarcane production in Brazil promotes the production of these fuels in the region.
Europe is predicted to grow throughout the assessment period as a result of European Union environmental and government laws, as well as mandatory biofuel blending duties in Germany. Asia-Pacific is expected to give opportunities for market expansion due to the increasing population and availability of fertile land in India, China, and Thailand.
Industry News
Industry Overview, COVID-19 analysis, Industry Trends, Study Objectives, Segment Overview, Regional Evaluation, Global Market, Recent Events, Segmentation Table, and FAQs are all included in the global bioethanol market research. The bioethanol market scenario covers drivers, limitations, challenges, and opportunities. Raw material, application, and region are the bioethanol market forecast segments.
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1 Executive Summary
2 Market Introduction
2.1 Definition 20
2.2 Scope Of The Study 20
2.3 List Of Assumptions 21
2.4 Market Structure 21
3 Research Methodology
3.1 Research Process 23
3.2 Primary Research 24
3.3 Secondary Research 25
3.4 Market Size Estimation 26
3.5 Forecast Model 26
4 Market Dynamics
4.1 Introduction 28
4.2 Drivers 29
4.2.1 Rising Environmental Concerns And The Need To Reduce GHG Emissions 29
4.2.2 Blending Mandates By Regulatory Bodies 29
4.2.3 Drivers Impact Analysis 32
4.3 Restraints 32
4.3.1 Foods Vs. Fuel” Debate 32
4.3.2 Restraints Impact Analysis 32
4.4 Opportunities 33
4.4.1 Development Of Second And Third Generation Bioethanol 33
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