Bioethanol Market, By Feedstock (Sugarcane, Corn, Wheat, and Other Feedstocks), By Blend (E10, E15 to E70, and E75 to E85), By Application (Automotive and Transportation, Power Generation, Pharmaceutical, Cosmetics, and Other Applications), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI374419 | Publish Date: February 2024 | No. of Pages: 165

Global Bioethanol Market By Feedstock Overview

Bioethanol Market was valued at US$ 50.7 Billion in 2024 and is projected to grow at a CAGR of 5.80% to reach US$ 84.6 Billion by 2034.

[PDF] Bioethanol, also known as ethanol or ethyl alcohol, is a type of renewable biofuel produced from organic materials, primarily crops such as corn, sugarcane, wheat, or barley. It is considered a renewable fuel because the carbon dioxide released during its combustion is offset by the carbon dioxide absorbed by the crops during their growth, creating a closed carbon cycle.

Ongoing initiatives in research and development aimed at enhancing bioethanol production technology, including the utilization of cutting-edge feedstock, more effective fermentation procedures, and the creation of second- and third-generation bioethanol production techniques. Further, the demand for renewable fuels like bioethanol is also anticipated to increase as a result of the global effort to reduce greenhouse gas emissions and combat climate change and the use of biofuels is being encouraged by governments and regulatory organizations worldwide which is expected to boost the growth of the Bioethanol Market.

Global Bioethanol Market By Feedstock Dynamics

Growing Demand for Sustainable Transportation Fuels

Growing consumer awareness of environmental issues and a preference for sustainable products and services, including transportation fuels. Consumers are increasingly considering the carbon footprint and environmental impact of their transportation choices. Bioethanol, as a renewable and lower-emission fuel option, can meet the demand for sustainable transportation fuels from environmentally conscious consumers. As the cost of sustainable transportation fuels becomes more competitive with conventional fuels, the demand for Bioethanol Market is expected to grow.

Restrains:

The bioethanol market is influenced by political and market factors, such as changing government policies, fluctuations in feedstock prices, and uncertainty in global energy markets. These uncertainties can impact investment decisions, hinder Bioethanol Market growth, and create challenges for industry stakeholders.

Bioethanol requires dedicated infrastructure for production, blending, storage, and distribution. The lack of adequate infrastructure and compatibility with existing gasoline infrastructure can impede the widespread adoption of Bioethanol Market.

Global Bioethanol Market By Feedstock Segmentation

Bioethanol Market-Segmentation

Bioethanol Market is segmented based on Feedstock, Blend, Application and Region.

Feedstock Insight

On the basis of Feedstock, Bioethanol Market is segmented into Sugarcane, Corn, Wheat, and Other Feedstock. Sugarcane and Corn are expected to dominate the target market growth as sugarcane is one of the primary feedstock used for bioethanol production, particularly in countries with favorable climates for sugarcane cultivation, such as Brazil whereas the production of corn-based bioethanol has significantly increased in recent years due to favorable government policies and blending mandates.

Blend Insights

On the basis of Blend, Bioethanol Market is segmented into E10, E15 to E70, and E75 to E85.  E10 i.e. 10% Ethanol is expected to dominate the target market growth as it is one of the most widely used bioethanol blends globally. It contains 10% ethanol and 90% gasoline and also it is compatible with most gasoline powered vehicles and can used without modifications.

Application Insights

On the basis of Application, Bioethanol Market is segmented into Automotive and Transportation, Power Generation, Pharmaceutical, Cosmetics, and Other Applications. Automotive and Transportation are expected to dominate target market growth as Bioethanol is primarily used as a renewable fuel additive in gasoline blends for transportation purposes. It is commonly blended with gasoline in various ratios, such as E10 (10% ethanol), E15 (15% ethanol), and E85 (85% ethanol). The automotive and transportation sector represents the largest and most significant market for bioethanol.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On the basis of region the Bioethanol Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America is estimated to witness a significantly high revenue share over the forecast period. North America, particularly the United States, has been a major player in the bioethanol market. The United States has implemented blending mandates, such as the Renewable Fuel Standard (RFS), which require the use of biofuels, including bioethanol, in transportation fuels. The large-scale production of corn-based bioethanol in the U.S. contributes to its significant revenue share in the market.

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Feedstock - Sugarcane, Corn, Wheat, and Other Feedstocks

By Blend - E10, E15 to E70, and E75 to E85

By Application - Automotive and Transportation, Power Generation, Pharmaceutical, Cosmetics, and Other Applications

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Bioethanol Market report based on Feedstock, Blend, Application and Region:

Bioethanol Market, By Feedstock:

  • Sugarcane
  • Corn
  • Wheat
  • Other Feedstocks

Bioethanol Market, By Blend:

  • E10
  • E15 to E70
  • E75 to E85

Bioethanol Market, By Application:

  • Automotive and Transportation
  • Power Generation
  • Pharmaceutical
  • Cosmetics
  • Other Applications

Bioethanol Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

 

Global Bioethanol Market By Feedstock Key Players

The key players operating the Bioethanol Market includes, Abengoa Bioenergy SA, Algenol, DowDuPont, Cargill Incorporated, Ethanol Technologies, GranBio, Jilin Fuel Ethanol Co. Ltd (CNPC), Green Plains, Inc., Pacific Ethanol, Inc. and Archer Daniels Midland Company.

Global Bioethanol Market By Feedstock Key Issues Addressed

Recent Development:

  • In February 2023, PM Modi launched the higher 20% ethanol blended petrol two months ahead of the planned rollout in April at the India Energy Week (IEW) 2023. First, the amount of ethanol in fuel will be increased from 1.5% (in 2014) to 10%, and we are currently moving towards 20% blending. 15 cities will be covered in the initial phase, and over the following two years, coverage will be extended nationwide.
  • In October 2022, Union Minister of State (Ministry of Science and Technology & Earth Sciences) Jitendra Singh’s green push for second-generation (2G) bioethanol. The Indian biofuel market benefits from increased economics and long-term sustainability provided by second-generation (2G) bioethanol.
  • In December 2022, Indonesia’s energy ministry launched 5% ethanol blend of fuel made using sugarcane in three years time starting with a few provinces of the country. On the densely populated island of Java, the mix is anticipated to be raised to 10% and implemented in more locations over the short term.

Global Bioethanol Market By Feedstock Company Profile

  • Archer Daniels Midland Company*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Abengoa Bioenergy SA
  • Algenol
  • DowDuPont
  • Cargill Incorporated
  • Ethanol Technologies
  • GranBio
  • Jilin Fuel Ethanol Co. Ltd (CNPC)
  • Green Plains, Inc.
  • Pacific Ethanol, Inc.

“*” marked represents similar segmentation in other categories in the respective section

Global Bioethanol Market By Feedstock Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Feedstock
      • Market Snippet, By Blend
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  4. Global Bioethanol Market, By Feedstock, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Sugarcane
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Corn
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Wheat
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  5. Global Bioethanol Market, By Blend, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • E10
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • E15 to E70
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • E75 to E85
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  6. Global Bioethanol Market, By Application, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Automotive and Transportation
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Power Generation
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Pharmaceutical
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Cosmetics
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Other Applications
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  7. Global Bioethanol Market, By Region, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By System, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Blend, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By System, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Blend, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Feedstock, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Blend, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Feedstock, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Blend, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Feedstock, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Blend, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
      • Archer Daniels Midland Company
        • Company Overview
        • System Portfolio
        • Key Highlights
        • Financial Overview
      • Abengoa Bioenergy SA
        • Company Overview
        • System Portfolio
        • Key Highlights
        • Financial Overview
      • Algenol
        • Company Overview
        • System Portfolio
        • Key Highlights
        • Financial Overview
      • DowDuPont
        • Company Overview
        • System Portfolio
        • Key Highlights
        • Financial Overview
      • Cargill Incorporated
        • Company Overview
        • System Portfolio
        • Key Highlights
        • Financial Overview
      • Ethanol Technologies
        • Company Overview
        • System Portfolio
        • Key Highlights
        • Financial Overview
      • GranBio
        • Company Overview
        • System Portfolio
        • Key Highlights
        • Financial Overview
      • Jilin Fuel Ethanol Co. Ltd (CNPC)
        • Company Overview
        • System Portfolio
        • Key Highlights
        • Financial Overview
      • Green Plains, Inc.
        • Company Overview
        • System Portfolio
        • Key Highlights
        • Financial Overview
  10. Section
    • Research Methodology
    • About Us
    • Contact

FAQs

The Bioethanol Market is segmented into Feedstock, Blend, Application and Region.

Bioethanol Market is driven by factors like growing demand for sustainable transportation fuels.

By region, the Bioethanol market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is estimated to witness a significantly high revenue share over the forecast period.

The key players operating the Bioethanol Market includes, Abengoa Bioenergy SA, Algenol, DowDuPont, Cargill Incorporated, Ethanol Technologies, GranBio, Jilin Fuel Ethanol Co. Ltd (CNPC), Green Plains, Inc., Pacific Ethanol, Inc. and Archer Daniels Midland Company.

Bioethanol Market was valued at US$ 50.7 Billion in 2024 and is projected to grow at a CAGR of 5.80% to reach US$ 84.6 Billion by 2034.