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BioethanolMarket is expected to reach USD XX Billion by 2026 from USD 55.66 Billionin 2019 at a CAGR of XX %.
The report includes the analysis of impact of COVID-19lock-down on the revenue of market leaders, followers, and disrupters. Sincelock down was implemented differently in different regions and countries,impact of same is also different by regions and segments. The report hascovered the current short term and long term impact on the market, same willhelp decision makers to prepare the outline for short term and long termstrategies for companies by region.
Bioethanol Market
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Bioethanol market is expected to significantly grow duringthe forecast period due to increasing demand for cleaner, renewable andalternative conventional fuel. Biofuel is obtained from natural sources such assugarcane, corn and maize. Bioethanol is a biodegradable, renewable energyresource which is extracted from biomass through sugar fermentation andchemical process. Bioethanol forms an attractive alternative to conventionalfuel sources owing to its high octane value and lower greenhouse gas emissions.In addition, depleting conventional resources of energy and increasing focus onrenewable sources of energy is expected to augment market growth. Furthermore,technological advancements and increasing R&D to produce ethanol from algaeis expected to boost the bioethanol market.
Bioethanol market based on feedstock has been segmented intostarch-based, sugar-based, cellulose-based and others. Starch-based feedstocktype is expected to be one of the major contributors for the market growthduring the forecast period. In starch-based bioethanol corn, wheat and otherstarch raw materials are used as feedstock to produce bioethanol.
E10 blend segment is expected to lead among others duringthe forecast period and E75 to E85 blend type is projected to grow at a highCAGR during the forecast period.
Bioethanol market based on end-use industry is segmentedinto transportation, pharmaceuticals, cosmetics, alcoholic beverages, others.Transportation end-use industry segment accounted is expected to hold one ofthe largest shares of the market as using bioethanol in fuels can help tosignificantly reduce CO2 emissions.
Geographically, the bioethanol market has been segmentedinto North America, Europe, Asia Pacific, Middle East & Africa and LatinAmerica. North America is expected to be one of the largest markets forbioethanol during the forecast period. This is due to increasing government andenvironment regulations in this region. However, Asia Pacific is expected togrow at a high CAGR during the forecast period.
Scope of the Bioethanol Market: Inquire before buying
Bioethanol Market, by Feedstock:
• Starch-based
• Sugar-based
• Cellulose-based
• Others
Bioethanol Market, by Blend:
• E5
• E10
• E15 to E70
• E75 to E85
Bioethanol Market, by End-use Industry:
• Transportation
• Pharmaceuticals
• Cosmetics
• Alcoholic Beverages
• Others
Bioethanol Market, by Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players operating in the Bioethanol Market,
• Archer Daniels Midland Company (US)
• Green Plains (US)
• POET LLC (US)
• Valero Energy Corporation (US)
• Abengoa Bioenergy SA (Spain)
• Flint Hills Resource (US)
• Royal Dutch Shell Plc. (Netherlands)
• Petrobras (Brazil)
• Pacific Ethanol, Inc. (US)
• The Andersons (US)
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Report Is Submitted By : Maximize Market Research Company
• Other
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