Uploaded on Feb 16, 2021
Ethanol known as ethyl alcohol is colorless and flammable chemical compound with an agreeable odor and taste. It is renewable, and can be produced by the fermentation of starch and sugar based biological materials and cellulosic feedstock, such as sugarcane, wood, wheat, corn, and barley.
Ethanol Market Segmentation and Analysis by Latest Trends and Growth by Trending Regions 2027
Ethanol Market Segmentation and Analysis by Latest Trends and Growth by Trending
Regions 2027
Market Overview
Ethanol commonly known as ethyl alcohol is colorless and flammable chemical compound with an
agreeable odor and taste. It is renewable, and can be produced by the fermentation of starch and
sugar based biological materials and cellulosic feedstock, such as sugarcane, wood, wheat, corn,
and barley. Corn and starch based crops are majorly used for the production of ethanol. Ethanol is
highly soluble in water and most of the organic solvent, due to this it is widely used as a solvent in
various industries. Further, it is extensively used as a preservative in pharmaceutical industries and
it is a major component in producing alcoholic beverages.
Extensive usage of ethanol in automotive industry as a fuel or fuel additive, is propelling the
demand for ethanol in the global market. The ethanol market has witnessed a rapid growth over the
past 10 years due to rapid funding for biofuel by the regulating bodies, since biofuel is considered
as an eco-friendly alternative for gasoline. Further, according to the U.S. National Geospatial-
Intelligence Agency, one liter of ethanol significantly reduces CO2 emissions by more than 95%,
thereby saving approximately 2.3 Kilograms of carbon dioxide (CO2). Further, ethanol is also
responsible for reducing carcinogenic and particulate emissions by approximately 65% to 70%.
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Market Dynamics
This report segments the ethanol market on the basis of process, source, and end-use industry.
Based on process, the ethanol market is segmented into wet milling and dry milling. Based on
source, the market is segmented into natural and synthetic. Natural source is sub-segmented as
sugarcane, sugar beet, maize, rye, and others, while synthetic source is sub-segmented into oil
derivatives, coal, and others. Based on end-use industry, the market is segmented into automotive,
alcoholic beverages, pharmaceutical, cosmetics, and others. Further, based on region, the market is
segmented into North America, Europe, Asia Pacific, Middle East, Africa, and Latin America.
Detailed Segmentation:
Global Ethanol Market, By Process:
• Wet Milling
• Dry Milling
Global Ethanol Market, By Source:
• Natural Source
•Sugarcane
•Sugar beet
•Maize
•Rye
•Others
Synthetic Source
•Oil Derivatives
•Coal
•Others
Key companies covered as a part of this study include Cargill, Inc., Archer Daniels Midland
Company, Grain Processing Corporation, Advanced BioEnergy, LLC, MGP Ingredients, Flint Hills
Resources LP, and Marquis Energy
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