Press release
Europe Ethanol Market Set to Reach Valuation of USD 15.57 Billion by 2030, Size, Share, Demand, Future Growth, Challenges and Competitive Analysis
Data Bridge Market Research analyses that the Ethanol market which was USD 10.78 billion in 2022, would rocket up to USD 15.57 billion by 2030, and is expected to undergo a CAGR of 4.7% during the forecast period of 2023 to 2030. The "Packaging" segment in the end-user segment dominates the Ethanol market because of its functional properties and cost-effectiveness.Ethanol is a clear, colorless liquid with several properties, such as a pleasant odor, flammability, colorlessness, and a slightly toxic chemical compound. Ethanol has a slightly sweet flavor in dilute aqueous solution but a burning flavor in concentrated solution. Ethanol has the formula CH3CH2OH and is an alcohol, which is a group of chemical compounds with a hydroxyl group, -OH, bonded to a carbon atom. Ethanol, as a biofuel, offers a significant reduction in greenhouse gas emissions compared to fossil fuels. This driver is supported by policies promoting renewable energy sources, such as the Renewable Energy Directive in the European Union, which mandates blending targets for transportation fuels. This driver creates a growing market demand for ethanol as a sustainable and low-carbon fuel option.
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Europe Ethanol Market Scope
Raw Material
Biobased
Synthetic
Type
Ethanol 95%
Absolute Ethanol
Denatured Ethanol
Others
Industry
Cosmetics And Personal Care
Electronics
Construction
Automotive
Pharmaceutical
Agricultural
Paints And Coatings
Food And Beverage
Others
Europe Ethanol Market Regional Analysis/Insights
The Europe Ethanol market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Europe Ethanol market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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