Bioethanol Market Report, By Feedstock (Starch based, Sugar based, Cellulose Based), By Blend (E5, E10, E15 to E70, E75 to E85), By End User (Automotive & transportation, Pharmaceutical, Alcoholic beverages, Cosmetics) and Geography - Global Market Share, Trend Analysis & Forecast

Bioethanol is a bio based, renewable energy source which is manufactured from biomas obtained through chemical process and sugar fermentation. It acts as a potential green alternative to conventional fuel sources due to lower greenhouse gas emission and high octane value. Increasing adoption of biofuels to reduce dependency on conventional sources owing to their limited availability will accelerate bioethanol market size 

Bioethanol Market Trends 

• Easy availability of raw material as bioethanol is produced from plant derived sources which are highly accessible is likely to promote product demand. In addition, high investments in research activities to develop bioethanol from waste products, algae, agricultural left overs such as sugar cane bagasse, switch grass and miscanthus will further drive industry growth 
• Application potential in various application including power generation fuel, cosmetic industry , essential feedstock for pharmaceutical manufacturing and chemical industry , fuel cells and cogeneration systems owing to easy availability and clean burning will further stimulate industry growth 

Bioethanol Market COVID-19 Impact

Hard hit demand for fuel as due to closure and lockdowns in the COVID 19 pandemic has led to shutting down of many refineries mainly in U.S. Restriction on travel and transportation has prevented free movement of people and goods which causes heavy toll on the transport fuel demand.  However, decrease in diesel demand has led to increase in biofuels blend which might boost the demand for bioethanol in mid-2020 to recover losses from COVID 19 pandemic. 

The report provides market estimation & forecast for global bioethanol market considering economic conditions during COVID 19 pandemic. Study impact of COVID 19 on market value with holistic approach considering both supply and demand side of the market. Macro and Micro economic factors analysis pertaining to economic policies, GDP and international trade changed due to COVID 19. After COVID 19 scenarios with coping strategies adopted by the major market players

Bioethanol Market Regional Highlights

The global bioethanol market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America comprises of U.S., Canada and Mexico. Whereas, Europe covers UK, France, Germany, Italy, Spain and Rest of Europe. The key countries included under Asia Pacific are China, India, Japan and Rest of Asia Pacific. The Rest of the world includes Latin America and Middle East & Africa. 

North America driven by U.S. bioethanol market accounted for largest share in 2019. North America dominated the market and has potential to continue its dominance over the forecast timeframe.  Presence of high capacity major bioethanol producers mainly in the U.S has led to high production volume which is likely to boost regional market growth. In addition, government mandates mainly in U.S. and Canada to use higher proportion of bioethanol in vehicles to combat environmental issues will have positive impact on product demand in this region. 

Bioethanol Market Segmental Overview

• The report analyses the global bioethanol market based on feedstock, blend, end user and geography
• Various feedstock studied are segmented into  starch based, sugar based, cellulose based
• The blend segment is categorized in E5, E10, E15 to E70, E75 to E85. E10 blem may observe steady gains owing to E10 fuel blend mandates in many countries which contains 10% bioethanol and 90% gasoline which improves fuel efficiency of vehicles and cause low carbon emissions
• Moreover, the major end users considered in the study are automotive & transportation, pharmaceutical, alcoholic beverages, cosmetics

Bioethanol Market Competitor Analysis

The key players in the bioethanol market share are Poet Llc, Archer Daniels Midland Company (Adm), Green Plains, Valero Energy Corporation, Tereos,Flint Hills Resources, Pacific Ethanol, Raizen, Sekab Biofuels & Chemicals Ab, The Andersons Inc., Aemetis, Cropenergies, White Energy Inc. Major players in the competitive landscape are engaged in strategic partnerships, acquisition and collaboration.