Press release
Bio-Ethanol Market Share 2022 Overview, Top Key Players, Demand, Industry Size, Growth Factor, Trends and Forecast to 2027
The Bio-Ethanol Market report 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 that enhances the understanding, scope, and application of this report. The market report additionally gives a to-the-point evaluation of the techniques and plans of action that are being executed by the players and companies to contribute to the Bio-Ethanol market growth.The Global Bio-Ethanol Market Size is Projected to Reach at a CAGR of 14% during 2022-2027.
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Market Overview:
Over the short term, increasing demand for bio-ethanol blending in gasoline and increasing government initiatives to produce and use greener fuels, like bio-ethanol, are driving the market’s growth.
In the case of the United States, specifically, uplifting restrictions on selling gasoline containing a high percentage of ethanol will be a major driver in the country.
On the flip side, shifting focus to bio-butanol and less mileage provided, when blended with more percentage of bio-ethanol, are going to hinder the market's growth somehow. Moreover, declining sales and production in the automotive industry may further have an adverse impact on the market studied.
Top Leading Companies:
COFCO, Tianguan, Jilin Fuel Alcohol, ZTE Energy, Longlive Bio-Technology, SDIC Guangdong Bio-Energy
Recent Developments
In February 2020, TATA Projects, an Indian infrastructure company, has received an order from Bharat Petroleum Corporation Limited for its second-generation bioethanol project with a proposed production capacity of 100,000 liters per day in Odisha of India.
In June 2019, Attis Industries Inc. completed the acquisition of a 100 million gallon per year corn ethanol plant from Sunoco in Fulton of New York, thus, enhancing the company’s global presence in the renewable fuel market.
Bio-Ethanol Market Segmentation by Type:
Corn Source
Cassava Source
Others
Bio-Ethanol Market Segmentation by Application:
Gasoline
Others
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North America Region to Dominate the Market
The North American region is dominating the global bio-ethanol market share. The United States is the largest producer of bio-ethanol worldwide, followed by Brazil, China, India, and Canada. It is also the largest consumer of bio-ethanol.
Presently, the total production capacity of bioethanol from biorefineries of the United States is about 66.0 billion liters per year, and the capacity is going to increase in the coming years.
In recent years, bio-ethanol production increased as a result of higher renewable fuel standard (RFS) targets and growth in domestic motor gasoline consumption, almost all of which is now blended with 10% ethanol by volume.
Up to Q3 of 2019, North America produced about 15.4 million vehicles, and this value reached about 10.9 million vehicles in Q3 of 2020, with a decline rate of about 29%. Thus, this led to a decrease in the consumption of bio-ethanol for gasoline blending, which, in turn, negatively impacted the market’s growth.
Regional Bio-Ethanol Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Bio-Ethanol Market Report:
Detailed overview of Bio-Ethanol Market
Changing the Bio-Ethanol market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Bio-Ethanol market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Bio-Ethanol Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2022 and forecasts until 2027 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.
Finally, the Bio-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. Bio-Ethanol industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
We Offer Customization on Report Based on Specific Client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
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