Precision Business Insights has published a report on the global bioethanol market, estimating its value at USD 82.3 Billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 6.1% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/bioethanol-market
Market Definition:
One kind of renewable fuel, or biofuel, is bioethanol, which is primarily made by fermenting biomass like sugarcane, corn, wheat, or other crops high in starch and sugar. These carbohydrates are converted into ethanol (alcohol) by microorganisms such as yeast. Fuels like E10 (10% ethanol, 90% gasoline) and E85 (85% ethanol, 15% gasoline) are frequently made by blending it with gasoline.
Drivers:
1) Rising crude oil prices and energy securities.
2) Growing demand for sustainable transportation
The global bioethanol market segmentation:
1) By Raw Material: Sugar Based, Starch Based, Lignocellulose Based, and Others.
2) By Fuel blend: E5, E10, E15 to E70, and E75 to E85.
3) By End User: Automotive & Transportation, Power Generation, Food & Beverage, Pharmaceutical, Cosmetics & Personal Care, and Others.
Regional Overview:
The report also examines the current concerns and their Future Effects on the bioethanol market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the bioethanol market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Archer Daniels Midland Company (ADM) POET LLC, Green Plains Inc. Valero Energy Corporation, Flint Hills Resources, The Andersons Inc. Pacific Ethanol Inc. (now Alto Ingredients) Aemetis Inc. Cargill Incorporated, Raízen Energia S.A. Petrobras, BP plc (BP Bioresources) Shell plc (Shell Biofuels) Abengoa Bioenergy, CropEnergies AG, Tereos Group, Alco Energy Group, Verbio Vereinigte BioEnergie AG, SEKAB Biofuels & Chemicals AB, Royal DSM N.V. Novozymes A/S, GranBio Investimentos S.A. Cosan S.A. COFCO Corporation (China National Cereals, Oils and Foodstuffs) Jilin Fuel Ethanol Co. Ltd. China National Petroleum Corporation (CNPC) Biofuels Division, Praj Industries Ltd. Shree Renuka Sugars Ltd. Bajaj Hindusthan Sugar Ltd. India Glycols Ltd. Algenol Biotech LLC Clariant AG (Sunliquid Bioethanol) Enerkem Inc. Beta Renewables S.p.A. Pacific Ag LLC Vivergo Fuels Ltd. British Sugar plc (AB Sugar) Illinois River Energy LLC, Siouxland Energy Cooperative, Western Plains Energy LLC.
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