Archer Daniels Midland Company (US), POET LLC (US), Green Plains (US), Valero Energy Corporation (US), Flint Hills Resource (US) are the Renowned Players in Bioethanol Market - Report by MarketsandMarkets™

According to recent research "Bioethanol Market by Feedstock (Starch-Based, Sugar-Based, Cellulose-Based), End-Use Industry (Transportation, Pharmaceuticals, Cosmetics, Alcoholic Beverages), Blend (E5, E10, E15 to E70, E75 to E85), and Region - Global Forecast to 2022", published by MarketsandMarkets™, The global bioethanol market is estimated at USD 53.19 Billion in 2017 and is projected to reach USD 68.95 Billion by 2022, at a CAGR of 5.3% from 2017 to 2022.

Browse 214 Market Data Tables and 48 Figures spread through 198 Pages and in-depth TOC on "Bioethanol Market - Global Forecast to 2022"
https://www.marketsandmarkets.com/Market-Reports/bioethanol-market-131222570.html

Early buyers will receive 10% customization on this report.

The global bioethanol market was valued at USD 53.19 billion in 2017 and is projected to reach USD 68.95 billion by 2022, at a CAGR of 5.3% from 2017 to 2022. Bioethanol is ethyl alcohol derived from the fermentation of different renewable sources such as corn, wheat, grain sorghum & sweet sorghum, cassava, barley, potato, sugarcane, sugar beet, and cereals. The growing demand for bioethanol from the transportation industry in Asia Pacific, especially in emerging economies, is contributing towards the growth of the global bioethanol market.

Based on type segment, the cellulose-based bioethanol segment of the global bioethanol market is projected to register the highest CAGR during the forecast period. Cellulosic bioethanol uses inedible feedstocks such as stems, stalks, agricultural waste, and plant waste. The growth of this segment is driven by the shifting trend among manufacturers to use inedible feedstock instead of food crops (edible feedstock) owing to the food price inflation concerns.

Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=131222570

Based on end-use industry segment, the alcoholic beverages segment of the global bioethanol market is projected to grow at the highest CAGR during the forecast period. The growing acceptance of drinking alcoholic beverages in some cultures is the key growth driver for the alcoholic beverages industry. Increasing purchasing power in the developing countries also boosts the alcoholic beverage market. This factor acts as a key growth driver for the bioethanol market for the alcoholic beverages segment.

In 2016, North America accounted for the largest share of the global bioethanol market, followed by South America. However, the bioethanol market in Asia Pacific is projected to grow at the highest CAGR during the forecast period. The high demand for bioethanol in Asia Pacific is attributed to the demand for alcoholic beverages from countries such as China and India. This factor is driving the growth of the bioethanol market in this region as both these countries have the world’s largest consumer base in terms of population.

Market players have adopted both organic and inorganic growth strategies, such as regional expansions, mergers & acquisitions, and joint ventures, to expand their businesses worldwide. The growing demand for bioethanol market for fuel blending is driven by government policies & mandates, increasing biofuel usage to deal with volatile prices of crude oil, increase awareness on climate change, and increase in demand for higher octane rating gasoline at competitive cost.

Request Sample@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=131222570

Key companies profiled in the global bioethanol market research report include Archer Daniels Midland Company (US), POET LLC (US), Green Plains (US), Valero Energy Corporation (US), Flint Hills Resource (US), Abengoa Bioenergy SA (Spain), Royal Dutch Shell plc (Netherlands), Pacific Ethanol, Inc. (US), Petrobras (Brazil), and The Andersons (US).

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
newsletter@marketsandmarkets.com

This release was published on openPR.