Bioethanol is a form of renewable energy produced from sugarcane, maize, and corn. It is
manufactured using the process of sugar fermentation and the chemical process of ethylene
reacting with steam. Bioethanol is increasingly used as a petrol substitute for conventional fuel
sources in vehicles. Moreover, bioethanol is a cheaper and more environment-friendly
alternative to gasoline and petroleum.
The global bioethanol market is primarily driven by the rapid growth of the automotive
industry. Bioethanol is used as an alternative to fossil fuel with the rising environmental
consciousness and depleting conventional energy sources. The clean-burning property and easy
availability of bioethanol have also resulted in its increasing utilization in the cosmetics industry
as well as in various manufacturing processes. In addition to this, governments of various
nations are imposing strict regulations for the use of bioethanol to reduce pollutant emissions.
Furthermore, several manufacturers are focusing on the use of agricultural and forest residue
and energy crops, including miscanthus, switchgrass, and sugarcane bagasse, to produce
bioethanol. These factors are expected to escalate the demand for bioethanol in the upcoming
years.
Bioethanol Type:
- Sugarcane-based Ethanol
- Cellulosic Ethanol
- Starch-based Ethanol
Fuel Blend:
- E10
- E20 and E25
- E70 and E75
- E85
Generation:
- First Generation
- Second Generation
- Third Generation
End Use Industry:
- Automotive and Transportation
- Power Generation
- Pharmaceutical
- Food and Beverage
- Cosmetics and Personal Care
Top Companies:
- Abengoa S.A.
- Archer-Daniels-Midland Company
- Cristal Union
- Südzucker AG
- Koch Industries
- Green Plains
- Honeywell International
- INEOS Capital Limited
- Petróleo Brasileiro S.A.
- POET LLC
- Royal Dutch Shell plc
- Valero Energy Corporation
Want to More Information About This: https://www.imarcgroup.com/bioethanol-market
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