The global Bioethanol market has grown significantly in the past years and is expected to grow at a healthy CAGR of 13.11% during the forecast period until 2030.
A liquid biofuel called bioethanol has the potential to minimize harmful emissions from cars and other greenhouse gases. It is a source of renewable energy. Corn, soybeans, wheat straw, switchgrass, sugarcane, woodchips, microalgae, and other raw materials are utilized to produce bioethanol. It is manufactured by a microbial fermentation process which involves less intake of energy and by-product CO2 helps in reducing greenhouse gas emissions and can be used as a recycled carbon source for the cultivation of microalgae. The production of Bioethanol includes pre-treatment to separate lignin and hemicellulose from cellulose; hydrolysis of cellulose to obtain fermented sugars; fermentation in order to convert sugars into ethanol which is followed by distillation to separate and purify the ethanol. Although, the Chemical reaction between Ethylene and steam can also be used for the manufacturing of Bioethanol fuels. The most common fuel blend is 90% petrol and 10% ethanol.
Bioethanol is employed used as a petrol additive in the fuel industry. Bioethanol has high-octane rating which helps the ratios of high engine compression and increases engine efficiency and performance. The fuel mixture gets oxygenated by blending ethanol with petrol which as a result reduces the harmful emissions and burns completely. Bioethanol is considered one of the most promising sustainable biofuels as it significantly contributes to reducing harmful emissions. Additionally, Bioethanol is also used as a fuel in power generation, as key feedstock for manufacturing chemicals, the pharmaceutical industry, and in petrol engines as a substitute for gasoline. Furthermore, the growing demand for bioethanol from the alcoholic beverages segment from major developing countries is anticipated to further contribute to the Bioethanol market expansion in the upcoming years. Although, the transportation industry is the major driver for the bioethanol market and is anticipated to remain so even in the forecast period.
Based on region, North America is dominating the Bioethanol market. Because of the strict environmental regulations imposed by the government, bioethanol is utilized as a substitute for regular gasoline in this region. Furthermore, North America also leads in terms of producing Bioethanol. This region is anticipated to retain its dominance in the upcoming years as well due to the rapid expansion of corn-based bioethanol production, higher crop yields, and a growing focus on energy efficiency and renewability.
Based on the end-user industry, the global Bioethanol market is segmented into Transportation, Pharmaceutical, Alcoholic Beverages, Power Generation, and Others. Among these, the transportation sector is the leading sector and is anticipated to stay so in the forecast year as well. Bioethanol is comparatively cheaper than gasoline and produces zero-carbon emissions which are majorly producing the demand for Bioethanol in the transportation sector.
Major players in the production of Global Bioethanol are The Andersons, Petrobras, POET LLC, Valero Energy Corporation, Flint Hills Resource, Pacific Ethanol, Inc., United Breweries, Aventine Renewable Energy, AB Miller, Archer Daniels Midland Company, Pure Energy Inc., British Petroleum., Cargill Corporation and others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2030
This report will be delivered on an online digital platform with one-year subscription and quarterly update.
Objective of the Study:
• To assess the demand-supply scenario of Bioethanol which covers production, demand and supply of Bioethanol market in the globe.
• To analyse and forecast the market size of Bioethanol
• To classify and forecast Global Bioethanol market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Bioethanol market in the globe.
To extract data for Global Bioethanol market, primary research surveys were conducted with Bioethanol manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Bioethanol market over the coming years.
ChemAnalyst calculated Bioethanol demand in the globe by analyzing the historical data and demand forecast which was carried out considering the production of raw material to produce Bioethanol. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Bioethanol manufacturers and other stakeholders
• Organizations, forums and alliances related to Bioethanol distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Bioethanol manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Bioethanol market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Growth Rate
CAGR of 13.11% from 2023 to 2030
Base year for estimation
2023
Historic Data
2015 – 2022
Forecast period
2024 – 2030
Quantitative units
Demand in thousand tonnes and CAGR from 2023 to 2030
Report coverage
Industry Market Size, Capacity By Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Foreign Trade, Company Share
Segments covered
By End-Use: (Transportation, Pharmaceutical, Alcoholic Beverages, Power Generation, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
I am satisfied with overall performance of ChemAnalyst. Weekly updates before the final report were especially helpful and reassuring. Additional requests on the interim and/or final reports were handled in a swift and professional manner
Mr.Shin Dosho
Member - Board of Directors
Osaka Gas Co. Ltd
Disruption Tracker
Disruption Tracker reflect the major shutdown on monthly basis which will help you in
tracking the inventory management and smooth functioning of business. Unforeseen shutdowns and disruptions
resulting in a loss of production capacity to impact the bottom line. The capacity tracker provides industries
with a global view of production and consumption capacity loss that reflects the corresponding conversion factors.
It also highlights the immediate impact on supply due to planned and unplanned outages as well as upcoming start-up
of new capacities. Additionally, it emphasizes how each shutdown—whether due to a maintenance turnaround or a case
of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What is the estimated CAGR of market growth of global Bioethanol in terms of volume by 2030?
Ans:
The global market size of Bioethanol is likely to grow at an estimated CAGR of 13.11% by 2030.
Q2.
Which end-use industry is dominating the global Bioethanol market?
Ans:
Transportation Industry is dominating the global Bioethanol market.
Q3.
Do you offer single or multiuser license?
Ans:
Online Access 12 Months – Single User License (Up to 3 users can access the database) Online Access 12 Months – Enterprise License (Up to 10 Users can access the database)
Q4.
Will I get access to the analyst who authored this report?
Ans:
You will have 24/7 access to the analyst during the subscription period.
Our Solutions
Custom Research
We at ChemAnalyst provide tailor-made solutions to our clients based on their requirements which help them in building and expanding their business by developing customized strategy such as sales strategy, GTM Strategy, product portfolio and new product development. Our dedicated team helps clients in getting the best solution for their requirements. We at ChemAnalyst look forward to serving our clients for long term association.
Techno Economic Feasibility Report (TEFR)
ChemAnalyst provide TEFR reports which include market sizing, plant cost (ISBL and OSBL units), financial modelling, covering all the major financial calculations and ratios including production cost, IRR, major technology, licensing fee (if required), and others fixed and variable costs. TEFR reports will help the client to build greenfield project as well as brownfield expansion for a specific geography. Our Team of experts have delivered multiple TEFR reports which help clients in moving ahead of their business competition by grabbing the opportunity and expanding their business portfolio.
Price Benchmarking
Pricing benchmark report provides real-time data perpetuating current market scenarios, in a world that is changing at a rapid pace, having real-time prices is an imperative to make impactful insights and thereby informed decisions. The Price Benchmarking report provides pricing data for an individual market, or group of markets, which can be converted into localized insights and comparable listings. Benchmarking Reports help clients to make informed decisions by construing the data on several filters: region, country, category, grade and subsequently increasing their brand presence. Clients majorly require pricing benchmarks when they opt for a competitive pricing strategy.