PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1783724
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1783724
Ethanol Biofuel Market Introduction and Overview
According to SPER market research, 'Global Ethanol Biofuel Market Size- By Feedstock, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Ethanol Biofuel Market is predicted to reach 211.11 billion by 2034 with a CAGR of 11.28%.
thanol biofuel is a renewable energy source derived from biomass, specifically corn, sugarcane, and agricultural leftovers. As a prominent actor in the renewable energy sector, ethanol is commonly utilized as a gasoline additive to reduce emissions and improve fuel efficiency. Its importance in minimizing carbon footprints has resulted in growing use in a number of countries, particularly those with government biofuel blending mandates.
Restraints: Climate change, droughts, and varying agricultural yields all have a direct impact on manufacturing costs, making feedstock price volatility one of the key barriers. Furthermore, questions about land use change and deforestation related to large-scale biofuel cultivation pose environmental and ethical considerations.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Feedstock, By Application
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered ADM, Borregaard AS, BTG International Ltd, Cargill, Chevron Corporation, CLARIANT, COFCO, CropEnergies AG, FutureFuel Corporation, GreenJoules, My Eco Energy, Others
Global Ethanol Biofuel Market Segmentation:
By Feedstock: Based on the Feedstock, Global Ethanol Biofuel Market is segmented as; Coarse Grain, Sugar Crop, Vegetable Oil and Others.
By Application: Based on the Application, Global Ethanol Biofuel Market is segmented as; Aviation, Transportation and Others.
By Region: This research also includes data for North America, Asia-Pacific, Latin America,
Middle East & Africa and Europe.