Bioethanol Market Size to Expand at a CAGR of 8.3% during 2022-2027

PRESS RELEASE
Published March 24, 2023

According to the latest report by IMARC Group “Bioethanol Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2022-2027″, The global bioethanol market share reached a value of US$ 8.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 13.9 Billion by 2027, exhibiting a CAGR of 8.3% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.


Bioethanol is a clear, colorless biofuel produced from biomass by hydrolysis and sugar fermentation or through the chemical reaction of ethylene with steam. It is biodegradable, less toxic, and more environment-friendly as compared to conventional fuels. It is consequently gaining traction as a petrol substitute in vehicles across the globe for minimizing greenhouse gas (GHG) emissions and air pollution.

Request for a free sample copy of this report: https://www.imarcgroup.com/bioethanol-market/requestsample

Bioethanol Market Trends:

Rapid urbanization, inflating disposable incomes, and a significant increase in the sales of passenger vehicles around the world are among the key factors positively influencing the market. Moreover, rising environmental concerns among the masses are catalyzing the demand for the product as an alternative to fossil fuels. Apart from this, governments of various countries are introducing stringent regulations to reduce emissions of harmful gas. They are also promoting the adoption of bioethanol due to its high-octane value and lower carbon monoxide emissions. These initiatives are projected to impel market growth.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

Sugarcane-based Ethanol
Cellulosic Ethanol
Starch-based Ethanol
Others

Breakup by Fuel Blend:

E10
E20 and E25
E70 and E75
E85
Others

Breakup by Generation:

First Generation
Second Generation
Third Generation

Breakup by End Use Industry:

Automotive and Transportation
Power Generation
Pharmaceutical
Food and Beverage
Cosmetics and Personal Care
Others

Market Breakup by Region:


North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape:

Abengoa S.A.
Archer-Daniels-Midland Company
BP plc
Cristalco (Cristal Union)
CropEnergies AG (Südzucker AG)
Flint Hills Resources
LLC (Koch Industries, Inc.)
Green Plains Inc.
Honeywell International Inc.
INEOS Capital Limited
Petróleo Brasileiro S.A.
POET LLC
Royal Dutch Shell plc
Valero Energy Corporation

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=4325&flag=C

Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA

Website: https://www.imarcgroup.com/

Follow us on Twitter: @imarcglobal

Linkedin: https://www.linkedin.com/company/imarc-group

IMARC