Global Fuel Ethanol Market, By Source (Synthetic, Natural) Raw Material (Maize, Wheat, Industrial Beets, Sugarcane, Cereals & Starch, Others) Application (Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Fuel ethanol market will reach at an estimated value of USD 165.17 billion and grow at a rate of 8.80% for the forecast period of 2021 to 2028. Rising usage of fuel ethanol as a bio-fuel preservative to gasoline due to fluctuating price is crude oil is a vital factor driving the growth of fuel ethanol market.
Ethanol or ethyl alcohol is basically used as motor fuel and is used in multiple countries as an additive for gasoline. Ethanol additives are majorly used in replacing the leaded fuel market after most countries have successfully banned the use of leaded gasoline. While fermentation is the most preferred method for the production of ethanol, there are many recent development and commercialization done to increase the industry’s production of ethanol by a sizeable margin.
Increasing usage of ethanol as an automobile fuel enhances its fuel efficiency which acts as the vital factor escalating the market growth, also increasing adoption and usage in the automotive industry, rising government support for the usage of ethanol as a fuel, growing greenhouse emissions on a global level, growing consumers of the product, due to the increasing presence of a well-established automotive industry and rising strict regulations over particulate emissions are the major factors among others driving the fuel ethanol market. Moreover, increasing technological advancements and rising modernization in the production techniques and rising research and development activities in the market will further create new opportunities for the fuel ethanol market in the forecast period of 2021- 2028.
However, increased amount of agricultural products are required for producing significant quantity of ethanol which acts as the major factor among others acting as a restraint, and will further challenge the growth of fuel ethanol market in the forecast period mentioned above.
This fuel ethanol market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on fuel ethanol market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Fuel Ethanol Market Scope and Market Size
Fuel ethanol market is segmented on the basis of source, raw material and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on source, the fuel ethanol market is segmented into synthetic and natural.
- Based on raw material, the fuel ethanol market is segmented into maize, wheat, industrial beets, sugarcane, cereals & starch, and others.
- The fuel ethanol market is also segmented on the basis of application into passenger car, light commercial vehicle, and heavy commercial vehicle.
Fuel Ethanol Market Country Level Analysis
Fuel ethanol market is analysed and market size, volume information is provided by country, source, raw material and application as referenced above.
The countries covered in the fuel ethanol market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the fuel ethanol market due to rising consumers of the product, due to the presence of a well-established automotive industry and strict regulations over particulate emissions and rising usage of ethanol as an automobile fuel in this region. Asia-Pacific is the expected region in terms of growth in fuel ethanol market due to rising adoption and usage in the automotive industry, rising government support for the usage of ethanol as a fuel, growing greenhouse emissions on a global level and growing consumers of the product, due to the increasing presence of a well-established automotive industry in this region.
The country section of the fuel ethanol market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Fuel Ethanol Market Share Analysis
Fuel ethanol market landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fuel ethanol market.
The major players covered in the fuel ethanol market report are DuPont, POET, LLC, CropEnergies AG, ADM, BlueFire Renewables, Petrobras, Royal Dutch Shell plc, Green Plains Inc., Aemetis, The Andersons, Inc., Flint Hills Resources, Cargill, Incorporated, Fulcrum BioEnergy, British Sugar, Vivergo Fuels Ltd, Abengoa, Praj Industries, Tereos, Pannonia Bio. And CRISTAL UNION among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Fuel Ethanol Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.