Biofuel from Sugar Crops Market Analysis, Status and Business Outlook 2021 to 2026

The Global Biofuel from Sugar Crops Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope, and application of this report.

The biofuel from sugar crops market is expected to grow at a CAGR of over 4% during the forecast period of 2020 to 2025.

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Key Market Players:

Royal Dutch Shell Plc, Wilmar International Limited, BP Plc, CropEnergies AG, Greenfield Global, Inc. among others.  and Other

Key Market Trends

Automotive Sector to Dominate the Market

- With up to 70% less emissions from automobiles, compared to conventional fuel automobiles, the market for biofuel in automotive sector is expected to grow rapidly in the forecast period, owing to growing consumer demand for greener vehicles, and favorable government policies.
- Reduced taxes on biofuel-based vehicles in countries such as Brazil and the USA have led to a rapid increase in sales and have paved a growing path for biofuel from sugar crops in automotive sector.
- Varying mandates by different governments on blended fossil fuels is considered to be the major driving factor for biofuel from sugar crops market. There have been an increasing number of countries mandating blended fuels in recent years, this trend is expected to grow in forecast period. As of January 2018, EU, 14 countries in Americas, 12 in Asia-Pacific, 11 countries in Africa and Indian Ocean, and 2 Non-EU countries have mandates or targets in place or under consideration.
- Therefore, the aforementioned factors, are expected to drive the market in forecast period, similar to the trend witnessed in recent years.

South America to Dominate the Market

- South America has dominated the biofuel from sugar crops market in 2018 and is expected to continue its dominance in the coming years as well. The region has seen an unprecedented increase during the past few years and is expected to increase further during the forecast period.
- Brazil have mandated ethanol blending in fossil gasoline in 2006, As per the last mandate change in 2016, 27% ethanol is blended. This has created a huge demand for ethanol in the country. Also, there are tax benefits in place for automobile buyers, which has further helped the market to grow.
- Brazil produced over 34.45 billion liters of biofuel in 2019, out of which over 32 billion liters was produced from sugarcane, and 1.4 billion liters from corn. Estimated demand of ethanol in 2019 in the country was 33.93 billion liters for fuel and other uses, this is up by 2.19 billion liters from 2018.
- Argentina also have a mandate for 12% ethanol blending which has caused an increase of ethanol demand in the country. Argentina also changed it�s tax structure in 2017, imposing carbon tax on fossil fuels and exempting biofuels either pure or in fuel mix.

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What are the market factors that are explained in the report?

Executive Summary: It includes key trends of the global Biofuel from Sugar Crops market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global Biofuel from Sugar Crops market based on production and revenue.

Production and Consumption by Region: It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Biofuel from Sugar Crops market.

Market Segments: This part of the report discusses product type and application segments of the global Biofuel from Sugar Crops market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approaches Biofuel from Sugar Crops used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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How we have factored the effect of Covid-19 in our report:

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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