Cellulosic Ethanol Market Research Report, 2017 - 2024: Global Market Insights Inc.

A new report covers Cellulosic Ethanol Market outlook providing historical facts, current status and future development trends information along with data on leading players and regions. Availability of feedstock and rising clean fuel demand, along with government initiatives support biofuels may act as major driving factors towards industry growth.

Panicum virgatum and wood chips of tree are the byproducts which are used for ethanol production. Other sources of ethanol production are corn, sugar cane, switchgrass and miscanthus. High production rate from these sources are driving the product demand.

Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1951

Hybrid-fuel vehicles can run on even higher concentration mixture. Ethanol’s ability to oxidize into acetic acid when on contact with material used in engine may corrode engine surface. High latent heat of vaporization and demixing issue with hydrocarbon causes cold engine and are restraints to market growth. However, ethanol biofuels are blended with petroleum diesels to overcome this drawback which is likely to boost product demand.

Government assistance including subsidies to producers and funding for pre-commercial plants along with mandating biofuel usage may favor industry growth. Brazil and the U.S. are supporting manufacturing companies to boost its cellulosic ethanol market owing to their energy security, sustainability and clean future.

Availability of feedstock is a major growth driver for cellulosic ethanol market. However, challenges exist in harvesting, storage and transportation of low productive conventional raw crops due to its low material densities and moisture level. Harvest capacity and transportation density are major limitations for biomass harvest and logistics to supply demand center.

Cellulosic ethanol is produces agricultural biomass including corn cobs, perennial grasses, and wheat straws and forest biomass such as wood chips. Fluctuating raw material prices can play a deterrent in cellulosic ethanol market growth. Delivery prices and cost associated with harvesting and delivering raw materials decides producer’s profitability. Fluctuations are high due to seasonality of such plants and hence affects the product price.

North America led by Mexico, Canada and the U.S. cellulosic ethanol market accounted for about 50% global ethanol market share in 2016. Programs are sponsored by the US Department of Energy to develop and research ethanol developing organisms and cellulose hydrolysis enzymes. Various national laboratories and companies are co-funded by government to promote product demand in this region.

Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/1951

Europe led by France, Italy and Germany cellulosic ethanol market is anticipated to witness strong gains owing to supporting regulatory norms and policies. Increasing R&D spending to develop biochemical route to produce ethanol should stimulate industry growth.

Global cellulosic ethanol market is slightly fragmented. Some key players in this market are British Petroleum, DuPont Industrial Biosciences, Beta Renewables, Novozymes, POET-DSM, INEOS Bio and Inbicon GranBio.

Browse Related Reports:

Lactic Acid Market Size By Application (Industrial, Food & Beverage, Pharmaceuticals, Personal Care), Polylactic Acid (PLA) Market Size By Application (Packaging, Agriculture, Transport, Electronics, Textiles), Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Netherlands, Belgium, China, India, Japan, Malaysia, Thailand, Australia, South Korea, Brazil, South Africa, Saudi Arabia), Downstream Potential, Price Trend, Competitive Market Share & Forecast, 2016 – 2024

https://www.gminsights.com/industry-analysis/lactic-acid-and-polylactic-acid-market

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

29L Atlantic Avenue, Suite L 105,

This release was published on openPR.