February 28, 2024
Bioethanol Application Market Size
According to the latest report by IMARC Group “Bioethanol Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2022-2027″, The global bioethanol market share reached a value of US$ 8.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 13.9 Billion by 2027, exhibiting a CAGR of 8.3% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form. Bioethanol is a clear, colorless biofuel produced from biomass by hydrolysis and sugar fermentation or through the chemical reaction of ethylene with steam. It is biodegradable, less toxic, and more environment-friendly as compared to conventional fuels. It is consequently gaining traction as a petrol substitute in vehicles across the globe for minimizing greenhouse gas (GHG) emissions and air pollution. Request for a free sample copy of this report: https://www.imarcgroup.com/bioethanol-market/requestsample Bioethanol Market Trends: Rapid urbanization, inflating disposable incomes, and a significant increase in the sales of passenger vehicles around the world are among the key factors positively influencing the market. Moreover, rising environmental concerns among the masses are catalyzing the demand for the product as an alternative to fossil fuels. Apart from this, governments of various countries are introducing stringent regulations to reduce emissions of harmful gas. They are also promoting the adoption of bioethanol due to its high-octane value and lower carbon monoxide emissions. These initiatives are projected to impel market growth. Report Segmentation: The report has segmented the market into the following categories: Breakup by Type: Sugarcane-based Ethanol Cellulosic Ethanol Starch-based Ethanol Others Breakup by Fuel Blend: E10 E20 and E25 E70 and E75 E85 Others Breakup by Generation: First Generation Second Generation Third Generation Breakup by End Use Industry: Automotive and Transportation Power Generation Pharmaceutical Food and Beverage Cosmetics and Personal Care Others Market Breakup by Region: North America (United States, Canada) Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others) Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others) Latin America (Brazil, Mexico, Others) Middle East and Africa Competitive Landscape: Abengoa S.A. Archer-Daniels-Midland Company BP plc Cristalco (Cristal Union) CropEnergies AG (Südzucker AG) Flint Hills Resources LLC (Koch Industries, Inc.) Green Plains Inc. Honeywell International Inc. INEOS Capital Limited Petróleo Brasileiro S.A. POET LLC Royal Dutch Shell plc Valero Energy Corporation Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/bioethanol-market Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time. If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization. About Us IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. Contact US IMARC Group Email: sales@imarcgroup.com USA: +1-631-791-1145 | Asia: +91-120-433-0800 Address: 134 N 4th St. Brooklyn, NY 11249, USA Website: https://www.imarcgroup.com/ Follow us on Twitter: @imarcglobal Linkedin: https://www.linkedin.com/company/imarc-group

Leave a Reply

Your email address will not be published. Required fields are marked *