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Published Date: 2017-10-10Number of Pages: 170

Ethanol Market (Feedstock - Coarse grain-based, Sugarcane-based, and Wheat-based; End Use - Fuel, Industrial Solvents, Beverages, and Cosmetics) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022

Global Ethanol Market: Snapshot

The global ethanol market is foreseen to gain a massive advantage in terms of demand while riding on a host of benefits of the chemical compound, from decreasing petroleum imports to reducing greenhouse gas emissions. With that mentioned, octane is considered to be one of the most significant benefits of ethanol. Compared to other gasoline additives on the earth, ethanol, boasting of a 113 octane rating, offers better engine knock resistance at a lesser cost. Even export markets are progressively spotting the appeal of using ethanol for its octane value. In order to explore the advantages of ethanol and its grander octane properties, gasoline producers in the U.S. could optimize their operations and reduce octane production at refineries.

A lower-cost solution could be engaged with the help of ethanol for upgrading gasoline’s octane content to minimum levels required for commercial sale. Besides being a lower-cost source of octane, ethanol could be a safer and cleaner option available than hydrocarbon octane sources.

As studied by seasoned research analysts, the global ethanol market could rise at a CAGR of 7.9% during the forecast timeframe 2017–2022 to touch a hefty valuation of US$105.0 bn by the final forecast year. In 2017, the market was valued at a US$71.8 bn.

Coarse Grain-based Ethanol Gives Nonpareil Performance to Rank Higher

The world ethanol market is prognosticated to be cataloged into three segments, i.e. coarse grain-based, sugarcane-based, and wheat-based ethanol, according to type of feedstock. Amongst these, the market could witness the dominance expected to be demonstrated by coarse grain-based ethanol until the end of the forecast period. The market for coarse grain-based ethanol could rise at a CAGR of 8.0%. The absolute growth earned by this market over the course of the forecast period could be greater than that of all other segments in the feedstock category.

In terms of end use, the world ethanol market is envisaged to be classified into fuel, industrial solvents, beverages, and cosmetics.

North America Favored as Prominent Region with Top Revenue Share

On the basis of geography, the international ethanol market is prophesied to see a segmentation into different regions, where North America could be listed at the top in view of revenue share. The region could expand at an 8.1% CAGR. In 2017, it bagged a US$32.8 bn. On the slower side of growth is envisioned to be Japan, which could lose 5 basis points (BPS) in its share between 2017 and 2022 and account for a meager 1.3% share in the total revenue of the market in 2017. Asia Pacific except Japan (APEJ) and the Middle East and Africa (MEA) garnered a larger revenue share than Japan in the same year.

ethanol market

Latin America is another geography projected to be a regional classification of the international ethanol market. Nonetheless, North America could be one of the most favorite markets for ethanol for years to come.

Some of the leading companies in the worldwide ethanol market could be Archer-Daniels-Midland Company, Cargill, Incorporated, Solvay Group, Mitsubishi Chemical Corporation, Pacific Ethanol, Inc., Green Plains, Inc., The Andersons, Inc., Valero Energy Corporation, POET, LLC, and Flint Hill Resources LP.

Global Ethanol Market: Overview

The global ethanol market is known for its perseverance to sustain growth and demand in challenging situations. Ethanol producers in chief locations such as the U.S. remained unaffected when the Organization of the Petroleum Exporting Countries (OPEC) strategized to snuff out competition which halted the nation’s prominent boom during the time. However, U.S. producers were still able to reach to new heights of success. In another instance, the ethanol sector continued to adopt new technologies and innovate despite the mismanagement of the renewable fuel standard (RFS) that created uncertainty.

In this report, the analysts explain some of the crucial factors of the global ethanol market that could prove to be important for ensuring a lasting progress in the industry. From segmentation to vendor landscape, the report offers a detailed study of critical aspects of the market. Buyers of the report are expected to receive a comprehensive guideline that could lead them to their peak success when operating in the market.

Global Ethanol Market: Dynamics

The world ethanol market is prophesied to be strong against tough conditions that could paralyze its growth. Despite challenging production economics due to low oil prices, ramping up of opponents against the RFS, and uncertainty because of regulatory indecision, the market survived pretty well in 2015. The year showcased the resolve and strength of the ethanol sector. Producers were able to ride out the storm with the help of the indispensable value of ethanol as a low-cost, clean octane booster and thriving export demand. In the U.S., millions of metric tons of high-protein animal feed and billions of gallons of high-octane renewable fuel were produced in ethanol bio-refineries of several states.

Global Ethanol Market: Segmentation

The international ethanol market is forecasted to be classified according to two classes, viz. type of feedstock and end use. As per the classification by feedstock, the market could see a segmentation into coarse grain-based, sugarcane-based, and wheat-based ethanol. Although there could be different markets for ethanol in terms of feedstock type, one is expected to garner a larger share in the coming years. The analysts foresee the market to be dominated by coarse grain-based ethanol, which represented a 53.0% share in 2017.

On the basis of end-use segmentation, the international ethanol market is predicted to be segregated into fuel, industrial solvents, beverages, and cosmetics.

Regionally, North America could set the tone for a staggering growth in the international ethanol market while collecting a revenue of US$48.3 bn by the end of 2022. Another attractive region for the market is prognosticated to be Europe. However, there could be other geographies such as Japan showcasing a slower growth in the near future. Asia Pacific except Japan (APEJ) and the Middle East and Africa (MEA) drew a greater revenue than Japan in 2017.

Global Ethanol Market: Competition

The competition in the worldwide ethanol market is elaborately explained in the publication while profiling key players such as Archer-Daniels-Midland Company, Cargill, Incorporated, Solvay Group, Mitsubishi Chemical Corporation, Pacific Ethanol, Inc., Green Plains, Inc., The Andersons, Inc., Valero Energy Corporation, POET, LLC, and Flint Hill Resources LP.


 
 
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