“We have produced a new premium report Ethanol Market. The report covers the analysis of global as well as regional markets of Ethanol. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Ethanol Market by type (grain based, sugar cane, cellulosic feedstock), by application (alcoholic beverages, automotive fuel, pharmaceuticals, agriculture applications and cosmetics among) through main geographies in the global market such as North America, Europe, Asia-Pacific and RoW. The global ethanol market is projected to grow with a CAGR between 7.5% and 7.5% during 2017-2023.
The report covers market changing dynamics including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Ethanol Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Ethanol Market are Panda Energy International, Archer Daniels Midland Company, British Petroleum, Stake Technology, Cargill Corp., Pure Energy Inc., Valero, Pacific Ethanol, AB Miller, Blue Fire Ethanol Inc., Aventine Renewable Energy Inc., Mascoma Corp., and New Energy Corporation Inc.”
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Increasing Consumption of Beverages As Well As Growing Demand for Premium Quality Alcohol Are Anticipated to Drive the Global Ethanol Market over the Forecast Period
The global ethanol market is projected to grow with a CAGR between 7.5% and 7.5% during 2017-2023. Rising demand from automotive industry for ethanol due to improvement in vehicle performance and reduction of pollution is the prime factor driving the growth of ethanol market worldwide. Furthermore, volatile crude oil prices are anticipated to drive the global ethanol market over the forecast period. However, fluctuation in supply of agricultural raw material required to produce enough ethanol and rising use of biomass as an alternative for fuel ethanol are the key factors restraining the growth of global ethanol market. Nevertheless, recent developments of cellulosing ethanol and growing government initiatives for the usage of ethanol fuel over the conventional fuel due to increasing carbon emissions will bring more opportunities to the global ethanol market over the forecast period.
North America is accounted for the Largest Market Share in Terms Of both Consumption as Well as Production
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World (including Latin America and MEA). In this section the key trends and market size for each geography is provided over the period of 2015 – 2023.
North America is accounted for the largest market share in terms of both consumption as well as production due to strict government rules & regulations to use ethanol fuel in primary markets in North America such as the U.S and Canada. The Asia Pacific ethanol market and is anticipated to grow at a highest CAGR rate due to rising automotive sector in densely populated countries such as China and India. Moreover, Latin America market is also likely to grow at a substantial rate due to significant demand for ethanol in Brazil which is a major exporter of ethanol in the region.
Segments Covered in this Premium Report
The report segments the ethanol market by type, by application, and by region. On the basis of types the ethanol market is segmented as grain based, sugar cane based and others (which include cellulosic feedstock) Moreover, the global ethanol market based on application is segmented into alcoholic beverages, automotive fuel, pharmaceuticals and others (including agriculture applications and cosmetics among others).