Le Lézard
Classified in: Oil industry
Subject: SVY

Bioethanol - Global Market Outlook (2017-2023)



NEW YORK, Oct. 3, 2017 /PRNewswire/ --

According to Stratistics MRC, the global Bioethanol market is valued at $48.7 billion in 2016 and is expected to grow at a CAGR of 6.4% to reach $75.5 billion by 2023.



Read the full report: https://www.reportlinker.com/p05126480



The global market for bioethanol derives much of its growth from the increasing demand for renewable energy sources. Additionally, rising environmental concerns, depleting conventional resources of energy, volatile petroleum prices, constant efforts in R&D to produce ethanol from algae, abundant raw material availability, lower greenhouse gas emissions, technological advancements and favorable government support through investment programs, regulations and policies are the factors likely to reflect positively on the demand for bioethanol over the forthcoming years. However, shift towards electric vehicles, food vs fuel debate and competition with other oxygenates may hamper the market's growth to some extent in the near future.

Bioethanol has been identified as the mostly used biofuel worldwide since it significantly contributes to the reduction of crude oil consumption and environmental pollution. It can be produced using various feedstocks such as cellulose, starch and sugarcane through fermentation and chemical process. Bioethanol is an attractive alternative to conventional fuel sources, which can be used in various end use industries such as automotive, chemical, power generation and cosmetics.

In 2016, starch based feedstock segment dominated the global bioethanol market. Furthermore, cellulose based feedstock segment is estimated to grow at the highest CAGR, owing to its abundance and sustainability. The E10 Fuel blend segment is estimated to account for the largest share in the global bioethanol market throughout the forecast period. Whereas, E75 to E85 fuel blend segment will be the fastest growing market due to rise in number of flex-fuel vehicles.

Among verticals, transportation segment accounted for the highest market share in 2016, owing to the increasing consumption of biofuels. Growing demand for bioethanol in road transport applications is expected to compel manufacturers to invest more in R&D to develop low-cost renewable fuel resources. However, alcoholic beverages segment is expected to witness fastest growth on account of increasing demand from emerging countries.

North America has been leading the global market for bioethanol. The growing usage of these products in the transportation industry and growing government & environment regulations are the factors anticipated to fuel the demand for bioethanol in North America over next few years, ensuring its dominance. On the other hand, Latin America and Asia Pacific regions are likely to witness strong growth due to the availability of arable land in India, China and Brazil.

Petrobras, Dupont, Royal Dutch Shell PLC, United Petroleum Pty, Flint Hills Resources, Abengoa Bioenergy S.A., BP PLC, CropEnergies AG, Hankinson Renewable Energy, Archer Daniels Midland Company, Honeywell, Absolute Energy, LLC, Pacific Ethanol, Inc., New Generation Biofuels Holdings, Inc., Poet, LLC, Global Green SA, Vivergo Fuels, Beckons Industries Ltd., Green Plains and Valero Energy Corporation are some of the leading players operating in the global Bioethanol market.

Feedstock Types Covered:
? Cellulose
? Starch
? Sugarcane
? Other feedstock types

Fuel Blends Covered:
? E5
? E10
? E15 to E70
? E75 to E85
? Other Blends

Verticals Covered:
? Alcoholic Beverages
? Cosmetics
? Pharmaceuticals
? Power Generation
? Transportation
? Other Verticals

Regions Covered:
? North America
o US
o Canada
o Mexico
? Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
? Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
? South America
o Argentina
o Brazil
o Chile
o Rest of South America
? Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Read the full report: https://www.reportlinker.com/p05126480

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

https://www.reportlinker.com  


__________________________
Contact Clare: clare@reportlinker.com  
US: (339)-368-6001
Intl: +1 339-368-6001

 

SOURCE Reportlinker


These press releases may also interest you

at 08:15
Six startup companies have been selected by Ameren Corporation to come to St. Louis to participate in the 2018 Ameren Accelerator, an innovative public-private partnership with the University of Missouri System, UMSL Accelerate and Capital...

at 07:30
: Eagle Energy Inc. ("Eagle") has completed its second horizontal well in North Texas.  It was drilled approximately 12 miles south of Eagle's initial horizontal well to assess the extent of this play.  The well has been on production for less than...

at 07:00
Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") is pleased to announce that it has entered into a fifteen-year liquids sale commitment with an investment grade counterparty, in exchange for an agreed upon liquids...

at 07:00
Ellomay Capital Ltd. ("Ellomay" or the "Company"), a renewable energy and power generator and developer of renewable energy and power projects in Europe and Israel, today announced that its wholly owned Spanish subsidiary, Talasol Solar S.L....

at 06:50
Sempra LNG & Midstream, a unit of Sempra Energy , today announced that its wholly owned affiliate, Port Arthur LNG, LLC, has selected Bechtel as the engineering, procurement, construction and commissioning (EPC) contractor for the Port Arthur...

at 06:00
A new poll has found that 72% of Ontarians support extending the operating life of Ontario Power Generation's (OPG) Pickering Nuclear Generating Station. The telephone poll for the Canadian Nuclear Association (CNA) by the independent firm...




News published on 3 october 2017 at 14:32 and distributed by: