Ethanol Market, By Process, By Source, By End-use Industry, By Geography

Description

The ethanol Market size is valued at US$ 104.3 Bn in 2024 and is expected to reach US$ 148.9 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2023/2024:	US$ 104.3 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 - 2031
Forecast Period 2023/2024 to 2030/2031 CAGR:	5.20%	2030/2031 Value Projection:	US$ 148.9 Bn

Figure 1. Ethanol Market Share (%), by Region, 2024

The ethanol market has seen significant growth over the past decade and is expected to expand further going forward. Ethanol is a biofuel that is produced through the fermentation of carbohydrate biomass such as corn, sugarcane, and wheat. It is mixed with gasoline to be used as motor fuel and helps reduce greenhouse gas emissions as it is renewable in nature. With rising concerns about climate change and energy security, many countries are promoting the production and use of ethanol through policies such as blending mandates. The U.S. and Brazil are currently the largest producers and consumers of ethanol globally. The rising demand for cleaner fuels is expected to further drive production in the ethanol market going forward.

Market Dynamics:

The ethanol market is witnessing robust growth driven by factors such as government policies promoting the use of biofuels to reduce dependence on fossil fuels and curb emissions, advancements in ethanol production technologies, and increasing awareness about the need to transition to more sustainable fuels. However, supply chain disruptions caused by the COVID-19 pandemic and high production costs remain challenges for the market. Meanwhile, the rise of electric vehicles also poses a threat to the long-term demand for ethanol. Nevertheless, innovations to produce ethanol from cellulosic feedstock present new opportunities to significantly boost production volumes. The emergence of new geographic markets such as Asia Pacific and Latin America through rising blending mandates will further stimulate the global ethanol market expansion over the coming years.

Key Features of the Study:

This report provides an in-depth analysis of the ethanol market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the ethanol market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Cargill Inc., Archer Daniels Midland Company, Grain Processing Corporation, Ace Ethanol LLC, Advanced Bio Energy LLC, MGP Ingredients, Flint Hills Resources, and Marquis Energy .
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The ethanol market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the ethanol market.

Detailed Segmentation:

By Process
- Wet Milling
- Dry Milling
By Source
- Natural Source
- Synthetic Source
By End-use Industry
- Automotive
- Alcoholic Beverages
- Pharmaceutical
- Cosmetic
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Top Companies in the Ethanol Market:
- Cargill Inc
- Archer Daniels Midland Company
- Grain Processing Corporation
- Ace Ethanol LLC
- Advanced Bio Energy LLC
- MGP Ingredients,
- Flint Hills Resources
- Marquis Energy

Product Code: CMI276

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Ethanol Market, By Process
- Ethanol Market, By Source
- Ethanol Market, By End-use Industry
- Ethanol Market, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
Drivers

Government subsidies and tax rebates
- Restraints
Low charging infrastructure
- Opportunities
Developing charging infrastructure
Key Highlights
Regulatory Scenario
Recent Trends
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Mergers, Acquisitions, and Collaborations

4. Ethanol Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Ethanol Market, By Process, 2019-2031 , (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Dry Milling
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Wet Milling
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)

6. Ethanol Market, By Source, 2019-2031 , (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Natural Source
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Synthetic Source
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)

7. Ethanol Market, By End-use Industry, 2019 - 2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Alcoholic Beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Pharmaceutical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Cosmetic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)

8. Ethanol Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Process, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Process, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Process, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Process, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Process, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
GCC Countries
Israel
South Africa
Central Africa
North Africa
Rest of Middle East

9. Competitive Landscape

Company Profile
- Cargill Inc.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Archer Daniels Midland Company
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Grain Processing Corporation
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Ace Ethanol LLC
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Advanced Bio Energy LLC
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- MGP Ingredients
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Flint Hills Resources
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Marquis Energy
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Analyst Views

10. Section

References
Research Methodology
About us