Ethanol Market

Ethanol is a vital component for automobiles industry owing to its usage as fuel and fuel additive in automobiles.  With growing population, rising demand for automobiles, increasing disposable income, environment friendly nature, lower cost compared to the traditional fuel and several benefits offered by ethanol, the demand for global ethanol market is expected to show significant growth during the forecast period and especially in automobile industry.

Alcoholic beverages industry is another prominent end use industry of ethanol market.   Growing demand for premium quality alcohol, Changing lifestyle, increasing disposable income, changing taste and preferences of people are the major driving forces of Global ethanol market in alcoholic beverages industry.

Nevertheless, introduction of electric cars, increasing substitute for alcohol beverages, rise in price of raw material are few restraints that are affecting the demand for global ethanol market.

Ethanol Market: Segmentation

Ethanol Market: Regional Outlook

Depending on geographic regions, global ethanol market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. North America dominated the global ethanol market in terms of market revenue due to increasing demand of ethanol as fuel. United State and Canada are the prominent markets for ethanol in North America region.

High increase in demand for ethanol is expected in Asia Pacific region due to the increasing transportation sector of world’s two most populous countries in Asia Pacific that are China and India. In South America, Brazil is the largest market and leading global exporter of ethanol due to the well-established sugar industries, plenty of labour force and low production cost in this country. Ethanol is used as a substitute to many resources such as automotive fuel in this country. In Western Europe the demand for ethanol market is projected to show considerable growth due to the growth of major markets and producers of ethanol such as Germany, Spain and France in this region.

Ethanol Market: Key Players

The major players in Global Ethanol Market are Kirin, Aventine renewable Energy, United Breweries, Archer Daniels Midland Company, The Andersons Inc., British Petroleum, Advanced Bioenergy LLC, Stake Technology, VeraSun Renewable Energy, Alternative Energy Sources, Diago, Heinken, AB Miller, Pernod Richard, Cargill Corporation, and Pure Energy Inc.

Ethanol is booming as both consumption and production, and therefore this market is anticipated to have significant opportunities in coming years.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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