Global Bio Ethanol Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 6.4% during the forecast period that is 2017-2025. Asia Pacific held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
Bioethanol is a substitute for conventional fuel sources such as petrol and other gasoline used for road transport vehicles owing to its low greenhouse gas emissions and high-octane value. Bioethanol can be extensively used as a fuel for power generation, as a transportation fuel, in fuel cells, feedstock in chemical industry, in cogeneration systems, and owing to its easy availability and clean burning process in manufacturing processes. The main sources for the production of bioethanol are energy crop such as maize, corn, waste staw, wheat crops, saw dust, willow, cord grasses, reed canary grass, sorghum plants, myscanthus, and Jerusalem artichoke among others. Owing to these factors the bio ethanol market is expected to propel during the forecast period (2018 – 2025).
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global bioethanol market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global bioethanol market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Renewable Energy Insights:
One of the major factors which is expected to increase the demand for bioethanol is increasing demand for renewable energy source. Bioethanol is a is produced from biomass by sugar fermentation and chemical processes which forms an attractive alternative to conventional fuel coupled with decreasing conventional resources of energy. According to International Energy Agency (IEA), in 2016, renewable source of energy accounted for two-third of the net power capacity with 165 gigawatts of power capacity compared to other sources. Hence, increasing awareness towards renewable sources of energy is expected to fuel the global bioethanol market during the forecast period.
North America is expected to hold the largest share in the global bioethanol market during the forecast period. Various regulations such as E15 regulations and the Federal Reformulated Gasoline (RFG) is expected to fuel the use of bioethanol in various sectors such as transportation, aerospace among others. The Energy National Bioethanol Program by the U.S. Department of Energy (DOE) is expected to reduce the cost of bioethanol by 25% as more emphasis is given to technology for producing more of ethanol from biomass with integrated production processes. In Canada, a federal mandate of a 5% renewable fuel content (i.e. gasoline must be blended with bioethanol), that came into effect in 2010. According to Canada’s National Energy Board, consumption of all renewable biofuels including biodiesel and bioethanol, contributed around 1.1% of total transportation fuel used in 2009 and is projected to triple to 3.3% by 2035. Owing to these factors, the North America bioethanol market is expected to gain highest traction for the global bioethanol market during the forecast period.
Global Bio Ethanol Market Size, Share Analysis By Region 2017
Global Bio Ethanol Market Study Objective
1. To forecast the market size of bio ethanol market, along with describing and defining the market, in terms of volume and revenue.
2. Market analysis and forecast of bio ethanol market on the basis of region, substrate and application or end-use industry.
3. To analyze and elaborate significant factors that will have major impact on the growth of bio ethanol market, such as drivers, restraints, challenges and opportunities.
4. Regional analysis of bio ethanol market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.
5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.
6. To provide detailed analysis of competitive and strategic developments in the bio ethanol market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.s
7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
Key players operating in the field of bio ethanol market include E. I. du Pont de Nemours and Company, POET LLC., Valero Renewable Fuels Company LLC., BP plc, CropEnergies AG, Archer Daniels Midland Company, Abengoa Bioenergy, BlueFire Ethanol Fuels Inc., Petrobras, and Royal Dutch Shell PLC. Other major players in the bioethanol market are Green Plains Renewable Energy, Inc., Absolute Energy, LLC. Aemetis, Inc., The Andersons, Inc., Flint Hills Resources, Cargill Inc., Myriant Corporation, Fulcrum BioEnergy Inc., Cool Planet Energy Systems Inc., and BioAmber Inc.
Global Bio Ethanol Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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