Mumbai, India – October 01, 2014 –Cellulosic ethanol is an alternate form of fuel that is produced from the inedible parts of plants. At a time when the global fuel crisis is at an all-time high and the fuel reserve is estimated to deplete completely in the near future, a lot of emphasis is being given on the production of alternate sources of energy. Cellulosic ethanol is a step in that direction, and attempts are being taken to commercialize the product. Cellulosic ethanol industry is being backed by the governments in many of the developed countries as it has certain advantages in production over the other forms of alternate fuel. The abundance of raw material is the biggest advantage that cellulosic ethanol industry enjoys.

This report, Cellulosic Ethanol - Global Production, Major Trends, Regulations, covers the present scenario of the cellulosic ethanol market and gives insight into the factors that are driving the market. It also gives a detailed overview of the various methods of production of cellulosic ethanol, the raw materials that are being used by the various methods, the new researches that are being done in this field, the prospective markets and countries that are investing in this industry, and the major companies. The report also takes into account the challenges faced by the industry and its prospects.

Key market players
Some of the major companies in the cellulosic ethanol industry are Abengoa, POET, and Iogen. These companies are setting up refineries that can commercially produce cellulosic ethanol. Novozymes, DuPont, Dyadic and Diversa are some major enzyme producing companies that are closely monitoring the market and are expected to invest in the industry in the near future. While the market is still in a nascent stage, it has potential for further growth in future.

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Funding and current scenario
USA sees cellulosic ethanol as a major solution to the fossil fuel crisis and the US government is heavily investing in it, both in research and in the attempts at commercialization of the product. Apart from USA, Brazil is also considering cellulosic ethanol as a suitable alternative to traditional fuel and attempts are being made to further the growth of the industry in Brazil. Currently, North America has the biggest market for cellulosic ethanol industry. The market is being driven by various factors like continuous research and development, easy availability of biomass, and reduction in the price of enzymes.

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