Bio Ethanol Market

Global Bio Ethanol Market by Raw Materials (Corn, Wheat, Sugarcane, Industrial Beets, and Others), Types (Starch-based, Sugar-based, and Cellulose-based), Technologies (Dry Mills and Wet Mills), Fuel Blends (E5, E10, E15 to E70, E75 & E85, and Others), End-users (Transportations, Alcoholic Beverages, Cosmetics, Pharmaceuticals, Power Generation, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021-2028

  • Report ID: HC-3161
  • Author: Growth Market Reports
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  • No. Of Pages: 175
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The global bio ethanol market size is anticipated to expand at a CAGR of 14.21% during the forecast period, between 2021 and 2028 and to reach USD 97.6 billion by 2028. Growing need to reduce greenhouse gas emissions, availability at low-cost, and many countries have mandated the use of bio ethanol fuel blends are some factors driving the market.


Bio Ethanol Market key takeaways

Bio ethanol is an alcohol or ethanol made from microbial fermentation using enzymes. Enzymes are added for converting vegetable sugar into alcohol. Bio ethanol fuel is produced from natural materials, mostly from carbohydrates produced in sugar or starch-bearing plants. These plants include sugarcane, corn, sweet sorghum, and lignocellulosic biomass.

The process of bio ethanol production includes fermentation, distillation, rectification, and dehydration. Bio ethanol provides benefits such as the exhaust gases of bio ethanol are clean, burn cleaner, and helps reduce the emission of greenhouse gases.

Market Trends, Drivers, Restraints, and Opportunities:

  • Rising environmental concern and stringent bio-fuel policies for reducing greenhouse gas emissions are boosting the market.
  • Increasing initiatives by governments to promote the use of greener fuels and expanding the production bio-ethanol drive the market.
  • Growing demand for bio-ethanol blending in gasoline and increasing demand of bio ethanol in the pharmaceutical industry are fueling the market.
  • The availability of bio-butanol as a substitute product and rising preference adoption of bio-butanol are restricting the market.
  • Less consumption of bio ethanol due to the less mileage provided by vehicles using it as fuel is hampering the market.
  • Rising demand for electric vehicles reduces the demand for fossil fuel consumption among consumers, thus hindering the market.
  • Increasing consumption of bio ethanol by the aviation & transportation industry for reducing the energy consumption per liter is creating opportunities in the market.
  • Growing research activities to produce bio ethanol from algae is creating lucrative opportunities in the market.

Scope of the report:

The report on the global bio ethanol market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Bio Ethanol Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Raw Materials (Corn, Wheat, Sugarcane, Industrial Beets, and Others), Types (Starch-based, Sugar-based, and Cellulose-based), Technologies (Dry Mills and Wet Mills), Fuel Blends (E5, E10, E15 to E70, E75 & E85, and Others), End-users (Transportations, Alcoholic Beverages, Cosmetics, Pharmaceuticals, Power Generation, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Abengoa, ADM, bp p.l.c., Cristalco, CropEnergies AG, GranBio, Green Plains Inc, Pannonia Bio Zrt., POET, LLC, Raízen, Sekab, Tereos, The Andersons, Inc, Valero Energy Corporation, and White Energy

 

Bio Ethanol Market Segment Insights:

Corn segment to grow during the anticipated period

In terms of raw materials, the global bio ethanol market is segmented into corn, wheat, sugarcane, industrial beets, and others. The corn segment constituted a significant share of the market in 2020 and is anticipated to grow during the forecast period, due to growing production of corn-based bio ethanol worldwide. Corn ethanol offers approximately 39% low greenhouse gas emission and is used for cosmetic. Moreover, corn-based ethanol is blended with gasoline to create various mixtures such as E10, E15, and E85 that help reduce air pollution, which is anticipated to fuel the segment during the forecast period.

Starch-based segment is projected to hold a significant market share

On the basis of types, the market is segregated into starch-based, sugar-based, and cellulose-based. The starch-based segment is expected to hold a significant share of the market during the forecast period owing to increasing production of starch-based ethanol among manufacturers. Starch-based bio ethanol is easier to produce as compared to sugar- and cellulose-based ethanol. The starch-based ethanol is produced from corn by using dry mill technology.


Bio Ethanol Market by types

Dry mills segment to grow at a significant pace in the near future

Based on technologies, the bio ethanol market is bifurcated into dry mills and wet mills. The dry segment constituted a significant share of the market in 2020 and is projected to grow in the near future. Dry milling requires less investment for producing bio ethanol than the wet mills technique. Additionally, growing adoption of corn-based bio ethanol, which uses the dry mill technology, in various industries is expected to boost the segment during the forecast period.


Bio Ethanol Market by technologies

E10 segment to grow in the forecasted period

In terms of fuel blends, the market is classified as E5, E10, E15 to E70, E75 & E85, and others. The E10 segment constituted a significant share of the market in 2020 and is projected to grow in the near future due to rising demand among consumers. Moreover, growing initiatives to reduce the greenhouse gas emission in many countries in Europe has mandated the use of E10 fuel blend in vehicles. These factors are anticipated to propel the segment during the forecast period.

Transportations segment to hold significant market share

On the basis of end-users, the bio ethanol market is categorized as transportation, alcoholic beverages, cosmetics, pharmaceuticals, power generation, and others. The transportation segment accounted for a significant share of the market in 2020. The segment is projected to grow during the forecast period due to its increasing adoption in transportation fuel, as it costs lesser than other fuels. Bio ethanol is an eco-friendly substitute for petroleum fuel or gasoline. Moreover, a small percent of bio ethanol is mixed with pure gasoline for preparing bio ethanol blends that burns more efficiently by producing zero carbon emission. However, many countries have mandated the use of bio ethanol. Moreover, several regulatory bodies such as Renewable Energy Directive (EU RED) and Renewable Fuel Standard (RFS) mandated the use of bio ethanol in transportation.

North America estimated to account for significant market share

Based on regions, the global bio ethanol market is fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America constituted a significant share of the market in 2020, due to the growing production and consumption of bio ethanol and abundant availability of raw material. The bio-refineries of North America are increasing the production capacity of bio ethanol due to the rising demand for motor gasoline. Moreover, North America is the largest consumer of vehicles fuel in the world and uses different bio ethanol fuel blends for different applications. The market in Asia Pacific is projected to expand at a significant CAGR during the forecast period, due to increasing support by governments for increasing the producing bio ethanol blending up to 10%, which is expected to create opportunities for India-based sugar mills in the near future.

Segments

Segments Covered in the Report:

By Raw Materials

  • Corn
  • Wheat
  • Sugarcane
  • Industrial Beets
  • Others

By Types

  • Starch-based
  • Sugar-based
  • Cellulose-based 

By Technologies

  • Dry Mills
  • Wet Mills

By Fuel Blends

  • E5
  • E10
  • E15 to E70
  • E75 & E85
  • Others

By End-users

  • Transportations
  • Alcoholic Beverages
  • Cosmetics
  • Pharmaceuticals
  • Power Generation
  • Others

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

  • Abengoa
  • ADM
  • Cristalco
  • CropEnergies AG
  • GranBio
  • Green Plains Inc
  • Pannonia Bio Zrt.
  • POET, LLC
  • Raízen
  • Sekab
  • Tereos
  • The Andersons, Inc
  • Valero Energy Corporation
  • White Energy

Competitive Landscape

Key players in the global bio ethanol market include Abengoa, ADM, bp p.l.c., Cristalco, CropEnergies AG, GranBio, Green Plains Inc, Pannonia Bio Zrt., POET, LLC, Raízen, Sekab, Tereos, The Andersons, Inc, Valero Energy Corporation, and White Energy. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.hana

Bio Ethanol Market by key players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bio Ethanol Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Bio Ethanol Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Bio Ethanol Market - Supply Chain
  4.5. Global Bio Ethanol Market Forecast
     4.5.1. Bio Ethanol Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Bio Ethanol Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Bio Ethanol Market Absolute $ Opportunity
5. Global Bio Ethanol Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Bio Ethanol Market Size and Volume Forecast by Types
     5.3.1. Starch-based
     5.3.2. Sugar-based
     5.3.3. Cellulose-based 
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Bio Ethanol Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Bio Ethanol Market Size and Volume Forecast by End Users
     6.3.1. Transportations
     6.3.2. Alcoholic Beverages
     6.3.3. Cosmetics
     6.3.4. Pharmaceuticals
     6.3.5. Power Generation
     6.3.6. Others
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Bio Ethanol Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Bio Ethanol Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Bio Ethanol Demand Share Forecast, 2019-2026
8. North America Bio Ethanol Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Bio Ethanol Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Bio Ethanol Market Size and Volume Forecast by Types
     8.4.1. Starch-based
     8.4.2. Sugar-based
     8.4.3. Cellulose-based 
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Bio Ethanol Market Size and Volume Forecast by End Users
     8.7.1. Transportations
     8.7.2. Alcoholic Beverages
     8.7.3. Cosmetics
     8.7.4. Pharmaceuticals
     8.7.5. Power Generation
     8.7.6. Others
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Bio Ethanol Demand Share Forecast, 2019-2026
9. Latin America Bio Ethanol Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Bio Ethanol Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Bio Ethanol Market Size and Volume Forecast by Types
     9.4.1. Starch-based
     9.4.2. Sugar-based
     9.4.3. Cellulose-based 
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Bio Ethanol Market Size and Volume Forecast by End Users
     9.7.1. Transportations
     9.7.2. Alcoholic Beverages
     9.7.3. Cosmetics
     9.7.4. Pharmaceuticals
     9.7.5. Power Generation
     9.7.6. Others
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Bio Ethanol Demand Share Forecast, 2019-2026
10. Europe Bio Ethanol Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Bio Ethanol Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Bio Ethanol Market Size and Volume Forecast by Types
     10.4.1. Starch-based
     10.4.2. Sugar-based
     10.4.3. Cellulose-based 
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Bio Ethanol Market Size and Volume Forecast by End Users
     10.7.1. Transportations
     10.7.2. Alcoholic Beverages
     10.7.3. Cosmetics
     10.7.4. Pharmaceuticals
     10.7.5. Power Generation
     10.7.6. Others
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Bio Ethanol Demand Share Forecast, 2019-2026
11. Asia Pacific Bio Ethanol Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Bio Ethanol Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Bio Ethanol Market Size and Volume Forecast by Types
     11.4.1. Starch-based
     11.4.2. Sugar-based
     11.4.3. Cellulose-based 
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Bio Ethanol Market Size and Volume Forecast by End Users
     11.7.1. Transportations
     11.7.2. Alcoholic Beverages
     11.7.3. Cosmetics
     11.7.4. Pharmaceuticals
     11.7.5. Power Generation
     11.7.6. Others
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Bio Ethanol Demand Share Forecast, 2019-2026
12. Middle East & Africa Bio Ethanol Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Bio Ethanol Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Bio Ethanol Market Size and Volume Forecast by Types
     12.4.1. Starch-based
     12.4.2. Sugar-based
     12.4.3. Cellulose-based 
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Bio Ethanol Market Size and Volume Forecast by End Users
     12.7.1. Transportations
     12.7.2. Alcoholic Beverages
     12.7.3. Cosmetics
     12.7.4. Pharmaceuticals
     12.7.5. Power Generation
     12.7.6. Others
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Bio Ethanol Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Bio Ethanol Market: Market Share Analysis
  13.2. Bio Ethanol Distributors and Customers
  13.3. Bio Ethanol Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Abengoa
     13.4.2. ADM
     13.4.3. Cristalco
     13.4.4. CropEnergies AG
     13.4.5. GranBio
     13.4.6. Green Plains Inc
     13.4.7. Pannonia Bio Zrt.
     13.4.8. POET, LLC

Segments Covered in the Report:

By Raw Materials

  • Corn
  • Wheat
  • Sugarcane
  • Industrial Beets
  • Others

By Types

  • Starch-based
  • Sugar-based
  • Cellulose-based 

By Technologies

  • Dry Mills
  • Wet Mills

By Fuel Blends

  • E5
  • E10
  • E15 to E70
  • E75 & E85
  • Others

By End-users

  • Transportations
  • Alcoholic Beverages
  • Cosmetics
  • Pharmaceuticals
  • Power Generation
  • Others

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

  • Abengoa
  • ADM
  • Cristalco
  • CropEnergies AG
  • GranBio
  • Green Plains Inc
  • Pannonia Bio Zrt.
  • POET, LLC
  • Raízen
  • Sekab
  • Tereos
  • The Andersons, Inc
  • Valero Energy Corporation
  • White Energy

Key players in the global bio ethanol market include Abengoa, ADM, bp p.l.c., Cristalco, CropEnergies AG, GranBio, Green Plains Inc, Pannonia Bio Zrt., POET, LLC, Raízen, Sekab, Tereos, The Andersons, Inc, Valero Energy Corporation, and White Energy. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.hana

Bio Ethanol Market by key players

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