Bioethanol Market Rising environmental concerns and the need to reduce GHG emissions

The global bioethanol market was valued at $5,652 million in 2015, and is expected to reach $9,544 million by 2022, growing at a CAGR of 7.6% from 2016 to 2022. Bioethanol is ethanol produced from plants such as corn, sugarcane, switchgrass, miscanthus, algae, and several others. It is a clean renewable source of energy and does not pose any harm to the environment, significantly contributing to the reduction of greenhouse gases.

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The factors that drives the bioethanol market growth are increase in demand and production from Asia-Pacific, rise in environmental concerns, the need to lower greenhouse gas (GHG) emissions, and blending mandates posed by regulatory bodies. The major restraint that hinders the growth is the high investment and production cost of cellulosic ethanol. In addition, the food & fuel debate is expected to affect the growth of market. The development of second- & third-generation biofuels is expected to provide numerous growth opportunities for market expansion.

The global bioethanol market is segmented based on the raw material, type, blend, generation, application, and geography. On the basis of raw material, it is classified into grains, sugarcane, industrial beets, and others that include algae, wheat, sorghum, and several others. Based on type, it is categorized into corn-based (wet milling & dry milling), sugarcane-based, cellulosic ethanol, and others. On the basis of blend, it is segmented into E10, E20 & E25, E70 & E75, E85, and others. Based on generation, it is divided into first-, second-, and third generation bioethanol. Based on application, it is classified into transportation, power generation, medical, and others that include industrial applications. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players operating in the bioethanol market include:

E. I. du Pont de Nemours and Company
POET LLC.
Valero Renewable Fuels Company LLC.
BP plc.
CropEnergies AG
Archer Daniels Midland Company
Abengoa Bioenergy
BlueFire Ethanol Fuels Inc.
Petrobras
Royal Dutch Shell plc.

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KEY BENEFITS FOR STAKEHOLDERS

This report provides a detailed quantitative analysis of the current trends and future estimations from 2014 to 2022 of the global bioethanol market, which assist to identify the prevailing market opportunities.
In-depth coverage of the market, including drivers, restraints, and opportunities, aids professionals to understand the market behavior in an efficient manner.
Detailed analysis of the strategies adopted by the key leaders, such as partnerships and acquisitions, is provided.
Porter’s Five Forces analysis examines the competitive structure of the market and assists strategists in better decision-making.
Pinpoint analysis of geographical segments facilitates to identify opportunities for growth within the market.
KEY MARKET SEGMENTS

By Raw Material

Grains
Sugarcane
Industrial Beets
Others

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By Type

Corn-based Ethanol
Wet Milling
Dry Milling
Sugarcane-based Ethanol
Cellulosic Ethanol
Others
By Blend

E10
E20 & E25
E70 & E75
E85
Others
By Generation

First Generation
Second Generation
Third Generation
By Application

Transportation
Power Generation
Medical
Others

Other significant market players are as follows:

Green Plains Renewable Energy, Inc.
Absolute Energy, LLC.
Aemetis, Inc.
The Andersons, Inc.
Flint Hills Resources
Cargill Inc.
Myriant Corporation
Fulcrum BioEnergy Inc.
Cool Planet Energy Systems Inc.
BioAmber Inc.

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