About Bioethanol Fuel
Bioethanol is a renewable energy source. It is produced by fermentation of feedstock. Feedstock includes by-products like woody waste, sugarcane and crops etc. As it is more sustainable in nature and they can be used as potential source of heat for combustion and heat harnessing and power generation. Owing to such advantages, the demand for bioethanol fuel is continue to rise. Presence of leading market players creating hub for bioethanol fuel providers and increasing government funding are further impacting on market profitability in better manner.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Market players are focusing on providing Bioethanol Fuel with higher quality along with complying all regulatory standards to fascinate more end users. The market is highly fragmented with number of international and domestic market players. Besides, the numerous industry profitability has led the entry of new players, in turn, increasing the level of rivalry in the already competitive market. 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.
Archer Daniels Midland (United States), Pacific Ethanol (United States), Clariant (Switzerland), Raizen (Brazil), POET LLC (United States), Sekab Biofuels & Chemicals AB (Sweden), The Roquette Group (France), Terranol A/S (Denmark), LanzaJet (United States), Vertex (United States), Valero Energy Corporation (United States), Ethtec (Australia), Flint Hills Resources (United States), AB Agri (United Kingdom), GlobalYeast (Brazil), Deinove (France), Celtic Renewables (United Kingdom), AB Biotek (United Kingdom), Metgen Oy (Finland), Perlemax (United Kingdom) and Celbius Ltd (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Bioethanol Fuel market by Type (Biomass Based Biofuel, Cellulosic Biofuel and Advanced Biofuel), Application (Transportation, Cosmetics, Pharmaceuticals, Alcoholic Beverages, Chemicals and Others) and Region.
On the basis of geography, the market of Bioethanol 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 Feedstock, the sub-segment i.e. Food based will boost the Bioethanol Fuel market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Up surging Transportation with adopting Bioethanol
Market Growth Drivers:
Rising Investments in Renewable Energy Production and Growing Environmental Awareness regarding Sustainability of Bioethanol
Challenges:
Requirement of Higher Capital Upfront
Restraints:
Higher Manufacturing Cost Involved
Opportunities:
Increasing Demand for Biomass based Fuel and Growing Environmental Concern regarding Pollution & Declined Non Renewables created Growth Opportunities
Market Leaders and their expansionary development strategies
In December 2021, Koko Networks, a Kenya-based bio-fuel technology enterprise has launched new tech platform ‘Koko Club’. It mainly engaged in offering bioethanol based products & services. Company is offering this products via its tech based platform. With this new launch, company has created expanded tech based portfolio.
In June 2021, Government of India has launched E-100 pilot project in the Pune. It is mainly for the production and distribution of bioethanol across the country. Country is aiming towards 20% of ethanol blending in non-renewable fuel by 2025. This initiative has impacted on the demand for bioethanol in positive manner.
Key Target Audience
Renewable Fuel Providers, Government Associations (American Solar Energy Society), (American Council on Renewable Energy), (Environmental and Energy Study Institute), (International Renewable Energy Agency), Third Party Investors, New Entrants/Investors and Industry Verticals
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.