The bioethanol market size is projected to grow from USD 33.7 billion in 2020 to USD 64.8 billion by 2025, at a CAGR of 14.0%, from 2020 to 2025.
A biofuel called bioethanol is created from a variety of natural sources, including corn, sugarcane, and maize. This serves as a substitute for gasoline. The manufacturers of bioethanol are placing a lot of emphasis on agricultural and forestry wastes as well as energy crops including miscanthus, switchgrass, and sugarcane bagasse. Both alone and in combination with other fossil fuels, it can be used as a fuel. It is described as a green fuel and is a clear, colorless liquid that is biodegradable.
An alternative to gasoline, bioethanol is a fuel made from plants like corn, maize, and sugarcane. Although bioethanol is produced from food crops, there is less reliance on them now that second- and third-generation biofuel technologies have been developed. For the production of bioethanol, producers are concentrating more on employing agricultural and forestry wastes as well as energy crops including miscanthus, switchgrass, and sugarcane bagasse.
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Key players covered:
Valero Energy Corporation
New Generation Biofuels Holdings, Inc.
ADM
Praj Industries Ltd
Honeywell
Abengoa Bioenergy SA
The Andersons
MetGen Oy
Petrobras
St1 Biofuels Oy
Global Green SA
Pacific Ethanol, Inc.
Beckons Industries Ltd
Vivergo Fuels Limited
Green Future Innovations, Inc.
Butalco GmbH
Aventine Renewable Energy Holdings, Inc
Green Plains
POET
CropEnergies
British Sugar
Flint Hills Resource
By types:
Corn-based Ethanol
Sugarcane-based Ethanol
Cellulosic Ethanol
By Applications:
Transportation
Power Generation
Medical
Alcoholic Beverages
Others
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Bioethanol Market in these regions:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Frequently Asked Questions (FAQ) :
At what CAGR, the global bioethanol market is expected to grow during the forecast period of 2021 to 2028?
How big can the bioethanol market be at the end of 2028?
By raw material, which segment has the chance to score the most in the bioethanol market?
By application, which segment would dominate the bioethanol market?
Which region would fetch the maximum revenue for the bioethanol market?
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