December 29, 2017 - 11:56 AM EST
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Global Bioethanol Market - Expected to Reach $75 Billion by 2023 - Research and Markets

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The "Bioethanol - Global Market Outlook (2017-2023)" report has been added to Research and Markets' offering.

The global Bioethanol market is valued at $48.7 billion in 2016 and is expected to grow at a CAGR of 6.4% to reach $75.5 billion by 2023.

The global market for bioethanol derives much of its growth from the increasing demand for renewable energy sources. Additionally, rising environmental concerns, depleting conventional resources of energy, volatile petroleum prices, constant efforts in R&D to produce ethanol from algae, abundant raw material availability, lower greenhouse gas emissions, technological advancements and favorable government support through investment programs, regulations and policies are the factors likely to reflect positively on the demand for bioethanol over the forthcoming years. However, shift towards electric vehicles, food vs fuel debate and competition with other oxygenates may hamper the market's growth to some extent in the near future.

Bioethanol has been identified as the mostly used biofuel worldwide since it significantly contributes to the reduction of crude oil consumption and environmental pollution. It can be produced using various feedstocks such as cellulose, starch and sugarcane through fermentation and chemical process. Bioethanol is an attractive alternative to conventional fuel sources, which can be used in various end use industries such as automotive, chemical, power generation and cosmetics.

Feedstock Types Covered:

  • Cellulose
  • Starch
  • Sugarcane
  • Other feedstock types

Fuel Blends Covered::

  • E5
  • E10
  • E15 to E70
  • E75 to E85
  • Other Blends

Verticals Covered:

  • Alcoholic Beverages
  • Cosmetics
  • Pharmaceuticals
  • Power Generation
  • Transportation
  • Other Verticals

Companies Mentioned

  • Petrobras
  • Dupont
  • Royal Dutch Shell PLC
  • United Petroleum Pty
  • Flint Hills Resources
  • Abengoa Bioenergy S.A.
  • BP PLC
  • CropEnergies AG
  • Hankinson Renewable Energy
  • Archer Daniels Midland Company
  • Honeywell
  • Absol

Key Topics Covered:

1. Executive Summary

2. Preface

3. Market Trend Analysis

4. Porters Five Force Analysis

5. Global Bioethanol Market, By Type

6. Global Bioethanol Market, By Fuel Blend

7. Global Bioethanol Market, By Vertical

8. Global Bioethanol Market, By Geography

9. Key Developments

10. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/z2b9sq/bioethanol

Research and Markets
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Related Topics: Biofuels


Source: Business Wire (December 29, 2017 - 11:56 AM EST)

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