Press release
Latest Trends In Global Synthetic Ethanol Market
Synthetic ethanol, also known as synthetic alcohol, refers to ethanol that is produced through chemical processes rather than traditional fermentation of natural resources like sugars or grains.This type of ethanol is typically created from feedstocks that may not be directly edible or suitable for traditional ethanol production.
The term "synthetic" in this context signifies that the ethanol is chemically synthesized rather than being a product of natural fermentation.
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One example of synthetic ethanol production involves the use of carbon dioxide (CO2) captured from industrial processes or directly from the atmosphere.
This captured CO2 can be combined with hydrogen (H2) derived from renewable sources, such as electrolysis of water using renewable electricity.
The resulting chemical reaction produces ethanol. This process is an example of Power-to-Liquid (PtL) technology, where renewable energy is converted into liquid fuels.
Another approach to synthetic ethanol production involves using non-food biomass, such as agricultural waste or certain types of algae, as feedstocks.
GLOBAL SYNTHETIC ETHANOL MARKET SIZE AND FORECAST
The Global Synthetic ethanol market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
RECENT DEVELOPMENT
GABA Labs is a pioneering and science-driven company that develops ingredients as patentable
alternatives to alcohol.
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'Alcarelle' is a synthetic ingredient that can be used to make adult drinks and works as an effective catalyst for conviviality and social interaction without some of the unpleasant aspects of ethanol.
GABA Labs has also completed its first botanical ingredient known as 'ABI'.
The ingredient has been licensed to The Social Drinks Company which is now launching the first of a new range of botanical spirits called Sentia.
'ABI' is a botanical ingredient which can be formulated into a liquid product to provide an agreeable drinking experience that mimics (to a lesser degree than Alcarelle) the sociability and conviviality effects of alcohol-based drinks.
GABA Labs is now raising investment to support the regulatory process for their synthetic ingredients, and to further develop their bioprospecting program into plant-based molecules using AI-based techniques.
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THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
How many Synthetic Ethanol are manufactured per annum globally? Who are the sub-component suppliers in different regions?
Cost breakup of a Global Synthetic Ethanol and key vendor selection criteria
Where is the Synthetic Ethanol manufactured? What is the average margin per unit?
Market share of Global Synthetic Ethanol market manufacturers and their upcoming products
Cost advantage for OEMs who manufacture Global Synthetic Ethanol in-house
key predictions for next 5 years in Global Synthetic Ethanol market
Average B-2-B Synthetic Ethanol market price in all segments
Latest trends in Synthetic Ethanol market, by every market segment
The market size (both volume and value) of the Synthetic Ethanol market in 2023-2030 and every year in between?
Production breakup of Synthetic Ethanol market, by suppliers and their OEM relationship
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