About Ethanol Fuel
Ethanol fuel is just the same primary alcohol found in alcoholic beverages that is used as a fuel. It is mostly used as a biofuel addition to gasoline as a motor fuel. Ethanol fuel provides less energy per unit volume than gasoline due to its chemical composition. As a result, any ethanol-blended gasoline has worse fuel efficiency than pure petrol. The use of ethanol as a fuel for internal combustion engines, either alone or in combination with other fuels, has received a lot of interest owing to potential environmental and long-term economic benefits over fossil fuels. A car powered entirely by ethanol will use 30 to 35 percent less fuel than a gasoline-powered vehicle. To compensate for the additional operating expenses, such mixes should be discounted at the pump to offer parity to the customer.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is extremely fragmented the industry's competitiveness is governed by product consumption and penetration in regional application sectors, raw material supply security, and a high degree of forward integration. Ethanol is a popular alcoholic beverage that can be found in a variety of forms, including beer, cider, wine, spirits, and ale. The Indian government is attempting to minimise its reliance on imported crude oil by encouraging sugar producers in India to make ethanol for Oil Marketing Companies. In order to meet demand for its 20% fuel blending programme, ethanol production is likely to expand three to five times in the future. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AGRANA Group (Vienna), Pacific Ethanol Inc. (United States), Raizen Energia S.A (Brazil), POET (United States), SEKAB (Swedish), Crener Oleo GmbH (Germany), Archer Daniels Midland Company (United States), Nordzucker AG (Germany) and Petrobras Biocombustiveis (Brazil) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Tereos (France), Attis Biofuels (United States), Ensus (United States), Soufflet Group (France) and Abengoa Bioenergia (Spain).
Segmentation Overview
AMA Research has segmented the market of Global Ethanol Fuel market by , Application (Automotive and Transportation, Food and Beverage, Pharmaceutical, Cosmetics and Personal Care and Other) and Region.
On the basis of geography, the market of Ethanol Fuel has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Fuel Blend, the sub-segment i.e. E5 will boost the Ethanol Fuel market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Transportation will boost the Ethanol Fuel market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Purity, the sub-segment i.e. Denatured will boost the Ethanol Fuel market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sources, the sub-segment i.e. Sugarcane will boost the Ethanol Fuel market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Another Key Aspect Driving Market Expansion Is The Increased Usage Of Alcoholic Beverages. and The Renewability Of Conventional Fuels Is Improved By Blending Bio-Ethanol With Them.
Market Growth Drivers:
Ethanol Fuel Has Resulting In Higher Energy Efficiency. and Growing Public Awareness Of These Negative Consequences May Stifle Demand, Restricting Industry Expansion.
Challenges:
Global Economic Crisis, Competition For Biofuels and Biomass Supply Issues
Restraints:
High-End Technology Is Unavailable, And Technological Transfer Is Lacking. and Due To Higher Peak Combustion Temperatures, Formation Inside The Engine Increases With An Increasing Compression Ratio.
Opportunities:
Ethanol Has Proven To Be Suitable For A Variety Of Integrated Production Setups. and Ethanol Helps Prevent Wintertime Problems By Acting As A Gas-Line Antifreeze.
Market Leaders and their expansionary development strategies
On 11th May 2022, As per the agreement, ethanol produced by these dedicated ethanol facilities will be supplied to Manufacturers for use in the Organisation's Ethanol Blended Petrol (EBP) project, where it will be blended with gasoline
In 2025, NITI Aayog predicted that 20 percent ethanol blending would bring immense benefits to the country, including saving 30,000 crores in foreign exchange, increased energy security, lower carbon emissions, better air quality, self-reliance, better use of damaged food grains, increased farmer incomes, and more investment opportunities
Key Target Audience
New Entrants/Investors, Analysts And Strategic Business Planners, Manufacturers And Suppliers Of Ethanol, Regulating Authorities And Policymakers Are Examples Of Government Bodies., Market-Related Associations, Organizations, Forums, And Alliances and Institutes And Organizations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.