Global
Bioethanol
Market is expected to grow at a higher CAGR in the forthcoming years.
Renewable source of energy is gaining much attention on a global scale owing to
depreciation of availability of fossil fuels, rise in population and growth in
industrialization that triggers ever-increasing demand of fuels. The global
scenario witnesses the urge to use alternative sources to fulfill energy
demands.Driving factors responsible for the growth of bioethanol market
includes rising demand for alternative sources of fuel and concerns of rise in
population. Also, the increasing prices of oil and petroleum have triggered the
need for bioethanol as an alternative means for fuel.
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Based
on segmentation by feedstock, the bioethanol market includes sugar-based,
starch-based and cellulose-based. Starch-based segmentation dominates the
global market owing to extensive demand as fodder for feedstock.Based on
end-user industry, the bioethanol market includes pharmaceuticals,
transportation, cosmetics and alcoholic beverages. Transportation segment
dominates the global market in the prescribed period.Based on segmentation by
blend, the bioethanol market includes E5, E10, E15 to E70 and E75 to E80. Based
on segmentation by raw material the bioethanol market includes grains,
sugarcane and industrial beets.
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| Bioethanol Market |
Geographically,
bioethanol market spans North America, Latin America, Europe, Middle-East and
Africa. North America accounts for a major share in the bioethanol market owing
to increase in environment and government regulation in this region. APAC
market is also expected to grow in the bioethanol market owing to high demand
for alcoholic beverages. Also, the growth in use of electric vehicles and
prohibition on internal combustion engines in various countries adds to the
market growth.
The
Key players in the bioethanol market include E.I. Du Pont de Nemours and
Company, POET LLC, Valero Renewable Fuels Company LLC, BP plc, CorpEnergies AG,
Archer Daniels Midland Company, Abengoa Bioenergy, BlueFire Ethanol Fuels Inc,
Green Plains Renewable Energy Inc, Absolute Energy LLC, AemetisInc, The
Andersons Inc, Flint Hills Resources, Cargill Inc, Myriant Corporation, Cool
Planet Energy Systems Inc, Fulcrum BioEnergyInc, BioAmberInc and Royal Dutch
Shell Plc.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Bioethanol in these regions, from 2013 to 2025
(forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
Global Bioethanol market competition by
top manufacturers, with production, price, revenue (value) and market share for
each manufacturer; the top players including
•
E. I. du Pont de Nemours and Company
•
POET
•
Valero Renewable Fuels
•
BP
•
CropEnergies
•
Archer Daniels Midland Company
•
Abengoa Bioenergy
•
BlueFire Ethanol Fuels
•
Petrobras
•
Royal Dutch Shell
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