Press release
Ethyl Alcohol (Ethanol) Market 2021 Research by Experts- HPCL Biofuels Limited, Advanced Bioenergy LLC, Andersons Ethanol Group, Archer Daniels Midland Company, Aventine Renewable Energy
Global Ethyl Alcohol (Ethanol) Market 2021-2025 is a comprehensive report which provides a detailed overview of the major driver, opportunities, challenges, current market trends and strategies impacting the Global Ethyl Alcohol (Ethanol) market in conjunction with calculation and forecast of size, share, and growth rate analysis. Combining the analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the Ethyl Alcohol (Ethanol) market all told its geographical and merchandise segments.The ethyl alcohol (ethanol) market is expected to register a CAGR of around 6%, during the forecast period.
The Global Ethyl Alcohol (Ethanol) market is highly competitive and consists of a number of major players. Companies like HPCL Biofuels Limited, Advanced Bioenergy LLC, Andersons Ethanol Group, Archer Daniels Midland Company, Aventine Renewable Energy, Braskem, British Petroleum, Butamax Advanced Biofuels LLC, Cargill Corporation, Flint Hill Resources LP, Green Plains Inc., INEOS, Kirin Holding Company, LyondellBasell Industries NV, Mitsubishi Chemical Corporation, Pacific Ethanol Inc., SABIC, Sasol Limited, POET, Solvay Group, The Andersons Ethanol Group, Valero among others.
Click the link to get a Sample Copy of the Report:
https://www.marketinsightsreports.com/reports/10192352664/ethyl-alcohol-ethanol-market-growth-trends-and-forecast-2020-2025/inquiry?Mode=48
Market Overview:
The major factors driving the growth of the market studied are the rising demand for ethanol as biofuel, growing to use in beer production and food processing, and stringent government policies to restrict the usage of fossil fuels. On the flip side, an increase in awareness about the ill effects of alcohol consumption, and the advent of hybrid electric vehicles are likely to hamper the growth of the market studied.
The fuel segment dominated the market and is likely to grow during the forecast period, owing to increased practice of ethanol blending with gasoline across the world.
- The surging demand to produce ethanol from corn and sugar is likely to provide opportunities for the market studied, during the forecast period.
Key Market Trends:
Fuel Segment to Dominate the Market Demand
- Ethanol is gaining support for application as fuel, owing to its renewable source and eco-friendliness with lower emissions. Ethanol has a higher octane number than gasoline, providing premium blending properties.
- Low-octane gasoline is blended with 10% ethanol to attain the standard 87 octane. Carbon monoxide production from ethanol fuel is significantly lower, when compared to gasoline engines.
- Moreover, for the past several years, refiners have been adding ethanol to fuel, as it burns cleaner than pure gas, which helps in cutting the carbon footprint. Additionally, the use of ethanol as a fuel helps to reduce the oil dependency.
- In California, ethanol replaced methyl tertiary butyl ether (MTBE) as a gasoline component. E10, one of the most common blends, contains 90% gasoline and 10% ethanol, in order to oxygenate fuel and reduce emission.
- In Brazil, the fuel ethanol consumption is driven largely by an ethanol blending mandate and lower prices relative to gasoline. However, the countrys fuel ethanol prices are not competitive with fuel ethanol from the United States, primarily on account of higher agricultural feedstock costs, especially along the Brazilian coastal areas.
- Hence, all such trends in the market are likely to drive the demand for ethanol for fuel application, during the forecast period.
Browse the Full report description and TOC at:
https://www.marketinsightsreports.com/reports/10192352664/ethyl-alcohol-ethanol-market-growth-trends-and-forecast-2020-2025?Mode=48
The key insights of the Ethyl Alcohol (Ethanol) Market report:
The report provides key statistics on the market status of the Ethyl Alcohol (Ethanol) market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Ethyl Alcohol (Ethanol) market report presents the company profile, product specifications, capacity, production value, and 2015-2021 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2021-2025 market development trends of Ethyl Alcohol (Ethanol)
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Ethyl Alcohol (Ethanol) Industry before evaluating its feasibility.
Finally, Ethyl Alcohol (Ethanol) Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Automotive Actuators industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
Key points in this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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