Global Ethanol Market Forecast to 2023


Posted November 6, 2017 by kishor8796

Infinium Global Research has added a new report on Global Ethanol Market. The report predicts the market size of Ethanol is expected to reach XX billion by 2023.

 
Infinium Global Research has added a new report on Global Ethanol Market. The report predicts the market size of Ethanol is expected to reach XX billion by 2023.

Ethanol is a primary alcohol formed by microbial fermentation of carbohydrates or by synthesis from ethylene. Ethanol is a clear, colorless, flammable liquid with a faint ethereal odor and a burning taste. Moreover, ethanol is made by the fermentation of sugars obtained from natural sources such as grain, grapes, sugar cane and potatoes. Ethanol finds use in numerous industries as preservatives, antifreeze and solvents for many substances such as perfumes, paints, lacquer and explosives. Furthermore, ethanol is also used majorly in automotive fuel as an octane booster and in beverages such as beer, wine and distilled liquor.

Market Insights
The global Ethanol market is projected to grow with a CAGR between 7.5% and 7.5% during 2017-2023. Rising demand from automotive industry for ethanol due to improvement in vehicle performance and reduction of pollution is the prime factor driving the growth of ethanol market worldwide. Moreover, increasing consumption of beverages as well as growing demand for premium quality alcohol is anticipated to drive the global ethanol market over the forecast period. Furthermore, volatile crude oil prices are anticipated to drive the global ethanol market over the forecast period. However, fluctuation in supply of agricultural raw material required producing enough ethanol and rising use of biomass as an alternative for fuel ethanol are the key factors restraining the growth of global ethanol market. Nevertheless, recent developments of cellulosing ethanol and growing government initiatives for the usage of ethanol fuel over the conventional fuel due to increasing carbon emissions will bring more opportunities to the global ethanol market over the forecast period.

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Segments Covered:
The report segments the Ethanol market by type, by application, and by region. On the basis of types the ethanol market is segmented as grain based, sugar cane based and others ( which include cellulosic feedstock) Moreover, the global Ethanol market based on application is segmented into alcoholic beverages, automotive fuel, pharmaceuticals and others (including agriculture applications and cosmetics among others).

Company Profiles

• Panda Energy International
• Archer Daniels Midland Company
• British Petroleum
• Stake Technology
• Cargill Corp.
• Pure Energy Inc.
• Valero
• Pacific Ethanol
• AB Miller
• Blue Fire Ethanol Inc.
• Aventine Renewable Energy Inc.
• Mascoma Corp.
• New Energy Corporation Inc.

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Key topics covered:
1. Preface
2. Executive Summary
3. Global Ethanol Market Overview
4. Global Ethanol market by Type (USD Million, Ltr) 2017 – 2023
5. Global Ethanol market by Application industries (USD Million, Ltr) 2017 – 2023
6. Global Ethanol Market Analysis, by Region (USD Million, Ltr) 2017 – 2023
7. Company Profiles

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Issued By infinium global research
Country India
Categories Business
Tags ethanol industry data , ethanol market consumption , global ethanol market , global ethanol market report , global ethanol market segments , global ethanol market volume , market share analysis ethanol market , top 10 companies ethanol market
Last Updated November 6, 2017