The key companies profiled in the global bioethanol market research report include Archer Daniels Midland Company (US), POET LLC (US), Green Plains (US), Valero Energy Corporation (US), Flint Hills Resource (US), Abengoa Bioenergy SA (Spain), Royal Dutch Shell plc (Netherlands), Pacific Ethanol, Inc. (US), Petrobras (Brazil), and The Andersons (US).
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The global bioethanol market is forecast to reach $68.95 billion by 2022 from $53.19 billion in 2017 at a CAGR of 5.3% during (2017-2022) driven by the increased demand for bioethanol in different end-use industries such as transportation, pharmaceuticals, cosmetics, alcoholic beverages,.
2 Competitive Leadership Mapping, 2016
3 Visionary Leaders
5 Dynamic Differentiators
6 Emerging Companies
7 Market Share Analysis
8 Competitive Benchmarking
9 Strength of Product Portfolio
10 Business Strategy Excellence
North America is expected to be the largest bioethanol market owing to the high demand for bioethanol from countries such as the US, Canada, and Mexico. The US is estimated to be the largest market for bioethanol in North America, followed by Canada and Mexico.
However, Mexico is projected to be the fastest-growing market for bioethanol in this region. The growth of end-use industries such as transportation, pharmaceuticals, cosmetics, alcoholic beverages,., has led to the increased demand for bioethanol in this region.
Increasing government and environment regulations in the region also act as key growth drivers for the bioethanol market.
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The transportation end-use industry segment accounted for largest share of the bioethanol market in 2016, in terms of value. The transportation sector accounts for a major share of the worlds CO2 emission.
Producing and using bioethanol in fuels can help reduce CO2 emissions significantly. All these factors act as key growth drivers for the usage of bioethanol in the transportation end-use industry segment.
The cellulose-based feedstock segment is expected to be the fastest-growing feedstock type segment in the global bioethanol market during the forecast period, in terms of volume. The cellulose-based bioethanol uses inedible feed stocks such as stems, stalks, agricultural waste, and leaves of plants, grass, and wood.
These feed stocks are abundant and more sustainable. This, in turn, acts as a key growth driver for the cellulose-based feedstock type segment.
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In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (50%), Tier 2 (37%) and Tier 3 (13%) companies were contacted for primary interviews.
The interviews were conducted with various key people such as C-Level (48%), Director Level (31%), and Others (21%) from various key organizations operating in the global bioethanol market. The primary interviews were conducted worldwide covering regions such as North America (33%), Europe (28%), Asia Pacific (21%), South America (10%) and Middle East & Africa (8%).
Research Coverage: This research report categorizes the global bioethanol market based on feedstock, end-use industry, blend, and region. The report includes detailed information regarding major factors influencing the growth of the global bioethanol market, such as drivers, restraints, challenges, and opportunities.
A detailed analysis of key industry players has been done to provide insights on business overviews, products & services, key strategies, investments & expansions, mergers & acquisitions, and other recent developments associated with the market.
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