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Know in Detail about Fuel Ethanol Market by Top Players like- Archer Daniels Midland Company , Cargill Incorporated , BP PLC, Mascoma LLC, etc.

03-18-2020 03:01 PM CET | Energy & Environment

Press release from: Reports and Data

Fuel Ethanol Market To Reach USD 122.35 Billion By 2026

Fuel Ethanol Market To Reach USD 122.35 Billion By 2026

The Global Fuel Ethanol Market is expected to reach USD 122.35 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the rapid replacement of leaded fuel with ethanol additives and the availability of inexpensive feedstock for the production of ethanol fuel.

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Ethanol fuel is a less expensive energy source since, production of fuels using wastes of corn, sugar cane or grains is more economical as compared to fossil fuels, which can be a bane to the economy of most countries, especially, and developing countries who cannot afford to explore them. Thus, the adoption of ethanol as a fuel by these growing economies can boost the market for fuel ethanol.

Key participants include The Andersons, Inc. (USA), Advanced BioEnergy LLC (USA), BlueFire Renewables (USA), Archer Daniels Midland Company (USA), Cargill Incorporated (USA), BP PLC (UK), Mascoma LLC (USA), Flint Hills Resources (USA), Pacific Ethanol, Inc. (USA), and Panda Energy International Inc. (USA), among others.

Moreover, global warming which is caused by constant emission of hazardous greenhouse gases from the use of fossil fuels, such as natural gas, oil, and coal, which are resulting in catastrophic effects including rising sea levels, weather pattern changes, and excessive heat. Combustion of ethanol fuel only releases carbon dioxide and water, which is ineffective to environmental degradation.

Lacking amount of agricultural production required for ethanol production is one of the factors restraining the growth of the market.

For the purpose of this report, Reports and Data have segmented global Fuel Ethanol Market on the basis of raw material, product type, industry vertical, application, and region:

Raw material Outlook (Volume, Kilo tons; 2018-2026 and Revenue, USD Billion; 2018-2026)
Crops
Wastes (Food waste, Forest waste, Agricultural waste)
Biomass
Starchy grains
Fossil fuels

Product type Outlook (Volume, Kilo tons; 2018-2026 And Revenue, USD Billion; 2018-2026)
Starch-based
Sugar-based
Cellulosic

Application Outlook (Volume, Kilo tons; 2018-2026 And Revenue, USD Billion; 2018-2026)
Conventional fuel vehicles
Flexible fuel vehicles
Others

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Industry vertical Outlook (Volume, Kilo tons; 2018-2026 And Revenue, USD Billion; 2018-2026)
Oil & gas
Food & beverages
Automotive
Chemical & materials
Healthcare & pharmaceuticals
Others

Regional Outlook (Volume, Kilo tons; 2018-2026 and Revenue, USD Billion; 2018-2026)
North America
Europe
Asia Pacific
Latin America
MEA

Further key findings from the report suggest
The market is segmented on the basis of raw material into crops, wastes, biomass, starchy grains and fossil fuels.

Crops segment dominated the market in 2018, and will have the highest growth of 6.4% during the forecast period, since crop waste-based fuels reduces greenhouse emissions.

The market is segmented on the basis of product type into starch-based, sugar-based and cellulosic.

Starch-based segment held the largest share of the global market in 2018, and is forecasted to witness a growth of 5.0% during the forecast period.

The starch-based fuel is produced by using raw materials such as corn, wheat, barley, and cassava, which can reduce greenhouse gas (GHG) emissions to a substantial amount.

The market is segmented on the basis of application into conventional fuel vehicles, flexible fuel vehicles and others.

Conventional fuel vehicles segment dominated the market in 2018, accounting for ~60% of the global market share, and is forecasted to have a CAGR of 4.6% during the forecast period.

The rising demand for conventional fuel vehicles in countries such as the US, India, Brazil, and China, is expected to boost the consumption of ethanol fuel in the coming years.

The market is segmented on the basis of industry vertical into oil & gas, food & beverages, automotive, chemicals & materials, healthcare & pharmaceuticals, and others.

Automotive segment dominated the market in 2018, and will maintain its dominance, with a growth of 6.5% during the forecast period.

The market is segmented on the basis of geography by North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

North America dominated the market in 2018, with a forecasted CAGR of 6.0% during the forecast period, due to the occupancy of a well-established automotive industry and stringent regulations regarding greenhouse emissions.

The companies have adopted various strategies including mergers, acquisitions and partnerships to hold on going trails and come up with new developments in the market.

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The report charts the future of the Fuel Ethanol Market for the forecast years from 2019 to 2026. The perfect balance of information on various topics, coupled with the sudden rise in the levels of disposable income, end-use, distribution channels, and other factors add great value to this literature. A combination of charts, graphics images, and tables offers more clarity on the overall study. Researchers behind the report also explore the customers' interest in purchasing products and services from immediate industry rivals.

There are chapters to cover the vital aspects of the Global Fuel Ethanol Market .

Chapter 1 covers the Fuel Ethanol Market Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2 talks about the top manufacturers and analyzes their sales, revenue and financial strategies for the years 2018 and 2019;

Chapter 3 scrutinizes the competitive nature of the market by discussing the competition among the top manufacturers. It classifies the market by referring to sales, revenue, and market share data for 2016 and 2017;

Chapter 4, shows the global market by geographical regions and the contribution of each region to the global landscape based on sales, revenue and market share of Fuel Ethanol Market , for the period 2019-2026;

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