Bioethanol Market Size to Surpass US$ 13.9 Billion by 2027, at a CAGR of 8.3%

According to the latest report by IMARC Group "Bioethanol Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2022-2027″, The global bioethanol market reached a value of US$ 8.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 13.9 Billion by 2027, exhibiting a CAGR of 8.3% during 2022-2027.

Bioethanol is a clear, colorless biofuel produced from biomass by hydrolysis and sugar fermentation or through the chemical reaction of ethylene with steam. It is biodegradable, less toxic, and more environment-friendly as compared to conventional fuels. It is consequently gaining traction as a petrol substitute in vehicles across the globe for minimizing greenhouse gas (GHG) emissions and air pollution.

Request for a free sample copy of this report: https://www.imarcgroup.com/bioethanol-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Trends:

Rapid urbanization, inflating disposable incomes, and a significant increase in the sales of passenger vehicles around the world are among the key factors positively influencing the market. Moreover, rising environmental concerns among the masses are catalyzing the demand for the product as an alternative to fossil fuels. Apart from this, governments of various countries are introducing stringent regulations to reduce emissions of harmful gas. They are also promoting the adoption of bioethanol due to its high-octane value and lower carbon monoxide emissions. These initiatives are projected to impel market growth.

Breakup by Type:

Sugarcane-based Ethanol
Cellulosic Ethanol
Starch-based Ethanol
Others

Breakup by Fuel Blend:

E10
E20 and E25
E70 and E75
E85
Others

Breakup by Generation:

First Generation
Second Generation
Third Generation

Breakup by End Use Industry:

Automotive and Transportation
Power Generation
Pharmaceutical
Food and Beverage
Cosmetics and Personal Care
Others

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

Abengoa S.A.
Archer-Daniels-Midland Company
BP plc
Cristalco (Cristal Union)
CropEnergies AG (Sudzucker AG)
Flint Hills Resources (Koch Industries Inc.)
Green Plains Inc.
Honeywell International Inc.
INEOS Capital Limited
Petroleo Brasileiro S.A.
POET LLC
Royal Dutch Shell plc
Valero Energy Corporation.

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/bioethanol-market

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Related Reports

Polyols market: https://www.imarcgroup.com/polyols-market

Antibacterial glass market: https://www.imarcgroup.com/antibacterial-glass-market

Functional fluids market: https://www.imarcgroup.com/functional-fluids-market

Mesifurane market: https://www.imarcgroup.com/mesifurane-market

White biotechnology market: https://www.imarcgroup.com/white-biotechnology-market

Baby pacifier market: https://www.imarcgroup.com/baby-pacifier-market

Chlorine compressors market: https://www.imarcgroup.com/chlorine-compressors-market

Fire fighting chemicals market: https://www.imarcgroup.com/fire-fighting-chemicals-market

Contact US

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.