Global Ethanol Market By Type Overview
Introduction:
Ethanol Market accounted for US$ 92.65 billion in 2020 and is estimated to be US$ 141.18 billion by 2030 and is anticipated to register a CAGR of 4.30%.
Ethanol also known as ethyl alcohol is a clear, colorless liquid with a molecular formula C2H6O. Ethanol has agreeable odor along with sweet flavor and it is widely consumed as recreational drug. Ethanol is extensively used as an alternative to the fossil fuels and widely regarded as a clean type of fuel. Along with the primarily source corn ethanol can be also produced from poplar trees, corn straw, sugarcane, wheat straw, and wood residues. Fermentation of sugars by using yeast or petrochemical processes is natural method of ethanol production. Ethanol is also used in the medical applications as antiseptic as well as disinfectant. This chemical compound is majorly used as a chemical solvent for scientific chemical testing as well as synthesis of other organic compounds. Ethanol is a volatile, colorless, and flammable liquid with formula C2H6O. Ethanol is widely used as an alternative to fossil fuels and is widely regarded as a clean type of fuel (renewable source). Ethanol can be used in combination with other fossil fuels or as a standalone fuel like gasoline and diesel. Ethanol is commonly produced from corn, but other sources include poplar trees, wheat straw, corn straw, rice straw, sugarcane, and wood residues.
Global Ethanol Market By Type Dynamics
Increasing consumption of ethanol
Increasing consumption of ethanol from the automotive industry particularly in developing countries is primary factor expected to drive growth of the global ethanol market over the forecast period. In addition, increasing use of ethanol as a fuel across the globe is another major factor expected to boost growth of the target market over the forecast period. In January 2015, for instance, in order to cater to the rising demand for ethanol in the U.S. market, Flint Hills Resources LP has purchased an ethyl alcohol production facility Southwest Georgia ethanol, LLC which is located in Georgia, U.S.
High costs associated with production
However, high costs associated with the production of specific blends of ethanol in combination with the gasoline, coupled with modifications required into the combustion engines for ethanol based fuels are major factors hampering growth of the target market. Increasing R&D investments as well as technology advancements in production technologies by key players operating in the target market, in order to gain competitive edge is expected to support growth of the global ethanol market in near future.
Global Ethanol Market By Type Segmentation
The ethanol market has been segmented on the basis of type, end use, and region.
The type segment includes coarse-grain based ethanol, sugarcane based ethanol, and wheat-based ethanol. Further the ethanol market is segmented by end use into fuel, industrial solvents, beverages, and cosmetics.
Regional Insights:
For detailed understanding of market dynamics, On the basis of region, the target market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The market in North America is expected to account for major revenue share as compared to that of other regions. This can be attributed to high consumption of ethanol and ethanol-related products in countries in the region. Also, the market in Asia Pacific is expected to account for second-highest revenue share in the global market. Moreover, the market in Asia Pacific is projected to witness significant growth over the forecast period. This is due to rapid industrialization and growing demand for ethanol from various end-use industries in emerging economies in the region.
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2030 |
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Market Segmentation |
By Type- Coarse-grain Based Ethanol, Sugarcane Based Ethanol, and Wheat-based Ethanol By End-User- Fuel, Industrial Solvents, Beverages, and Cosmetics |
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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 |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Detailed Segmentation:
Ethanol Market, By Type:
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- Coarse-grain Based Ethanol
- Sugarcane Based Ethanol
- Wheat-based Ethanol
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Ethanol Market, By End-use:
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- Fuel, Industrial Solvents
- Beverages
- Cosmetics
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Ethanol Market, By Region:
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- North America
- North America ethanol market, By Type
- North America ethanol market, By End-use
- North America ethanol market, By Country
- U.S.
- Canada
- Europe
- Europe ethanol market, By Type
- Europe ethanol market, By End-use
- Europe ethanol market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Switzerland
- Sweden
- Rest of Europe
- Asia-Pacific
- Asia-Pacific ethanol market, By Type
- Asia Pacific ethanol market, By End-use
- Asia-Pacific ethanol market, By Country
- China
- India
- Australia & New Zealand
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Latin America ethanol market, By Type
- Latin America ethanol market, By End-use
- Latin America ethanol market, By Country
- Brazil
- Mexico
- Argentina and Chile
- Rest of Latin America
- Middle East
- Middle East ethanol market, By Type
- Middle East ethanol market, By End-use
- Middle East ethanol market, By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- Africa ethanol market, By Type
- Africa ethanol market, By End-use
- Africa ethanol market, By Country
- North Africa
- Central Africa
- South Africa
Global Ethanol Market By Type Key Players
Some of the prominent players operating in the ethanol market include Archer-Daniels-Midland Company, Cargill Inc., Solvay Group, Mitsubishi Chemical Corporation, Pacific ethanol, Inc., Green Plains Inc., The Andersons, Inc., Valero Energy Corporation, POET LLC, and Flint Hill Resources LP. Technological advancements in the production process as well as technology, product launches of new ethanol based blends, strategic partnerships are some trends witnessed in the global ethanol market. In 2017, for instance, Pacific ethanol, Inc. formed a licensing agreement with the Edeniq, Inc., key manufacturer of ethyl alcohol processing technologies in order to enable company to utilize Edeniq’s Cellunator technologies for manufacturing of ethyl alcohol based on cellulose in, California.
Global Ethanol Market By Type Company Profile
- Archer-Daniels-Midland Company.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Cargill Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Solvay Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Mitsubishi Chemical Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Pacific Ethanol, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Green Plains Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- The Andersons, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Valero Energy Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- POET LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Flint Hill Resources LP.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
Global Ethanol Market By Type Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Ethanol Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By End-User
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- 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
- Market Dynamics
- Global Ethanol Market, By Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Coarse-grain based ethanol
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Sugarcane based ethanol
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Wheat based ethanol
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Ethanol Market, By End-User, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Fuel
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Industrial Solvents
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Beverages
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Cosmetics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Ethanol Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Archer-Daniels-Midland Company.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Cargill Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Solvay Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Mitsubishi Chemical Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Pacific Ethanol, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Green Plains Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- The Andersons, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Valero Energy Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- POET LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Flint Hill Resources LP.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
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- Business Strategies Overview
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The Last Word
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- Future Impact
- About Us
- Contact
FAQs
The Global Ethanol Market has been segmented on the basis of type, end-user and region.
Increasing consumption of ethanol from the automotive industry particularly in developing countries is primary factor expected to drive growth of the global ethanol market over the forecast period.
North-America is expected to account major market share as compared to that of other regions.
Some of the prominent players operating in the global ethanol market include Archer-Daniels-Midland Company, Cargill Inc., Solvay Group, Mitsubishi Chemical Corporation, Pacific ethanol, Inc., Green Plains Inc., The Andersons, Inc., Valero Energy Corporation, POET LLC, and Flint Hill Resources LP.