Uploaded on Mar 30, 2021
Bioethanol Market Industry Analysis, Share, Growth, Sales, Trends, Supply, Forecast 2026
Bioethanol Market
Bioethanol Market Industry Analysis, Share, Growth, Sales, Trends, Supply, Forecast 2026
Market Overview
Bioethanol is renewable and eco-friendly fuel majorly produced by fermentation of sugar. Energy
crops are major source of sugar, which are used for production of bioethanol. The process involved
in production of bioethanol include fermentation, distillation, rectification, and dehydration. The
emissions due to burning of ethanol are less volatile as compared to those produced by combustion
of gasoline, which is propelling demand for manufacturing of bioethanol, in turn fueling growth of
the market. However, large amount of carbon dioxide is released during manufacturing of
bioethanol, which is harmful to environment, this in turn is expected to hamper growth of the
market over the forecast period. Increasing demand for ecofriendly vehicles and the renewable
nature of bioethanol are major factors driving growth of the bioethanol market. However, high cost
associated with production of bioethanol and maintenance of manufacturing unit is restraining
growth of the market.
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Market Dynamics
Bioethanol is used as a fuel for transport, power generation, feedstock in chemical industry, and
manufacturing processes due to low emission and easy availability. Currently, bioethanol is blended
with gasoline in varying concentrations to be used as fuel. The first generation fuels are directly
produced from food crops. Second generation fuels are produced from lignocellulose and waste
products, while third generation fuels are produced from feedstock such as micro algae and fourth
generation fuels are produced from algae and microorganisms capable of absorbing and converting
CO2 to bioethanol.
Bioethanol Taxonomy
By application:
•Feedstock
•Fuel
•Food
By source:
•Maize
•Corn
•Wheat crops
•Waste straw
•Reed canary grass
•Cord grasses
•Jerusalem artichoke
•Potatoes
•Others
Major players operating in bioethanol market include CropEnergies, British Sugar, New Generation
Biofuels Holdings, Inc., Vivergo Fuels Limited, Butalco GmbH, and Global Green SA.
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