Bioethanol Market Size – By Feedstock (Cereals & Starch, Wheat, Maize, Beet, Sugarcane and Others), By Blend Type (E5 (5% Bioethanol, 95% Gasoline), E10 (10% Bioethanol, 90% Gasoline), E15 (15% Bioethanol, 85% Gasoline), E20 to E25, E85 (85% Bioethanol, 15% Gasoline), ED95 (for Diesel Engines) and Pure Bioethanol (E100)), By Application (Food & Beverages, Power Generation, Transportation, Industrial, Medical and Others) & Region – Global Forecasts 2024 - 2034
- PUBLISHED ON
- 2024-11-13
- NO OF PAGES
- 290
- CATEGORY
- Chemicals & Materials
Market Overview
The Bioethanol market report is predicted to develop at a compound annual growth rate (CAGR) of 14.8% from 2024 to 2034, when global Bioethanol market forecast size is projected to reach USD 121.64 Billion in 2034, based on an average growth pattern. The global Bioethanol market revenue is estimated to reach a value of USD 65.85 Billion in 2024.
SOURCE: We Market Research
The Global
Bioethanol Market analysis refers to the industry involved in the production
and consumption of bioethanol, a renewable energy source produced from biomass
through fermentation processes. The global bioethanol market is a rapidly
growing segment of the renewable energy sector, driven by rising demand for
sustainable energy sources, government mandates on biofuel blending, and the
global push to reduce greenhouse gas emissions. Bioethanol is a type of biofuel
derived primarily from biological sources such as sugarcane, corn, wheat, and
other biomass feedstock. It is widely used as an additive to gasoline (ethanol
blends), making it a critical component in the transportation sector for
reducing the carbon footprint of fuels.
Global Bioethanol Market Scope
|
Report Attributes |
Description |
|
Market Size in 2024 |
USD 65.85 Billion |
|
Market
Forecast in 2034 |
USD 121.64 Billion |
|
CAGR % 2024-2034 |
14.8% |
|
Base
Year |
2023 |
|
Historic Data |
2019-2023 |
|
Forecast
Period |
2024-2034 |
|
Report USP
|
Production,
Consumption, company share, company heatmap, company production capacity,
growth factors and more |
|
Segments
Covered |
By Feedstock,
By Blend Type, By Application and By Region |
|
Regional Scope |
North America,
Europe, APAC, South America and Middle East and Africa |
|
Country
Scope |
U.S.; Canada;
U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia;
China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico;
Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Market Dynamics & Restraints
Global Bioethanol Market Opportunity:
We Market
Research: Dashboard
Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into global Bioethanol market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.
Bioethanol Market Segmentation
Market- By Feedstock Analysis
By feedstock, the Bioethanol market analysis is categories into Cereals & Starch, Wheat, Maize, Beet, Sugarcane and Others. Maize segment dominates the market with the largest share, accounting for over 50% of the market in 2023. Maize is the dominant feedstock for bioethanol production globally, especially in North America (United States), the largest producer and consumer of bioethanol. Corn-based bioethanol is produced by converting the starch from corn kernels into sugar and fermenting it into ethanol. Corn is preferred due to its high yield per acre and well-developed processing technologies.
The
following segments are part of an in-depth analysis of the global Bioethanol
market:
|
Market Segments |
|
|
By Feedstock |
·
Cereals & Starch ·
Wheat ·
Maize ·
Beet ·
Sugarcane ·
Others |
|
By Blend
Type |
·
E5 (5% Bioethanol, 95% Gasoline) ·
E10 (10% Bioethanol, 90% Gasoline) ·
E15 (15% Bioethanol, 85% Gasoline) ·
E20 to E25 ·
E85 (85% Bioethanol, 15% Gasoline) ·
ED95 (for Diesel Engines) ·
Pure Bioethanol (E100) |
|
By
Application |
·
Food & Beverages ·
Power Generation ·
Transportation ·
Industrial ·
Medical ·
Others |
Bioethanol Industry: Regional Analysis
North America Market Forecast
North America holds the largest share around 53% of the global bioethanol market due to a combination of high production volumes, supportive government policies, and widespread use as a transportation fuel. The United States is the world's largest producer of bioethanol, primarily using corn as a feedstock. The Renewable Fuel Standard (RFS) program mandates blending of biofuels with traditional fuels, driving demand. The demand for bioethanol as a biofuel in gasoline blends (e.g., E10, E15, and E85) is significant in North America, with bioethanol accounting for a substantial portion of renewable energy consumption in the region.
Europe Market Statistics
Europe is a
significant player in the global bioethanol market, driven by its commitment to
meeting renewable energy and emission reduction targets. The use of bioethanol
in transportation and industrial applications continues to grow. The European
Union (EU) has implemented strict regulations to reduce greenhouse gas
emissions from the transportation sector. The Renewable Energy Directive (RED
II) and national mandates for biofuel blending have spurred the demand for
bioethanol. European countries are focused on promoting sustainable transport
and reducing fossil fuel dependency through higher bioethanol blends and
alternative renewable fuels.
Asia Pacific Market Forecasts
The Asia Pacific
region is witnessing robust growth in the bioethanol market due to the rising
demand for renewable fuels, increasing energy consumption, and government
mandates on biofuel blending. Countries such as China, India, and Thailand are
adopting bioethanol as an alternative to reduce pollution and carbon emissions
in their rapidly urbanizing cities. Governments in the region are introducing
mandates and incentives for bioethanol blending, such as India’s plan to
achieve 20% ethanol blending (E20) in petrol by 2025.
Middle East & Africa Market Statistics
While the MEA
region has traditionally relied on fossil fuels, there is a growing interest in
bioethanol as a renewable alternative, particularly for export or as a part of
energy diversification strategies. Some countries have untapped potential for
feedstock cultivation that could be used for bioethanol production.
Latin America Market Statistics
Latin America,
led by Brazil, plays a major role in the bioethanol market, particularly in
sugarcane-based production. It is a key region for technological innovations
and bioethanol exports. Brazil is the largest producer of bioethanol outside
North America and a global leader in sugarcane-based ethanol production.
Ethanol from sugarcane offers one of the highest energy yields and significant
carbon emission reductions.
The Global Bioethanol Market is dominated by a few
large companies, such as
·
Archer Daniels Midland Company
(ADM)
·
POET LLC
·
Green Plains Inc.
·
Valero Energy Corporation
·
Flint Hills Resources LP
·
Abengoa Bioenergy SA
·
Royal Dutch Shell Plc (Shell)
·
BP Biofuels (BP p.l.c.)
·
Raízen Energia SA
·
Cargill, Incorporated
·
Tereos Group
·
Pacific Ethanol, Inc. (Alto
Ingredients, Inc.)
·
CropEnergies AG
·
Petrobras (Petróleo Brasileiro
S.A.)
·
GranBio
· Praj Industries Ltd.
1.
Global
Bioethanol Market Introduction and Market Overview
1.1. Objectives of the Study
1.2. Global Bioethanol Market Scope
and Market Estimation
1.2.1. Global Bioethanol Overall Market
Size (US$ Bn) and Volume (Tons), Market CAGR (%), Market forecast (2024 - 2034)
1.2.2. Global Bioethanol Market Revenue
Share (%) and Volume Share (%) and Growth Rate (Y-o-Y) from 2019 - 2034
1.3. Market Segmentation
1.3.1. Feedstock of Global Bioethanol
Market
1.3.2. Blend Type of Global Bioethanol
Market
1.3.3. Application of Global Bioethanol
Market
1.3.4. Region of Global Bioethanol
Market
2.
Executive Summary
2.1. Demand Side Trends
2.2. Key Market Trends
2.3. Market Demand (US$ Bn) Analysis
2019 – 2023 and Forecast, 2024 – 2034
2.4. Demand and Opportunity
Assessment
2.5. Market Dynamics
2.5.1. Drivers
2.5.2. Limitations
2.5.3. Opportunities
2.5.4. Impact Analysis of Drivers and
Restraints
2.6. Key Developments
2.7. Porter’s Five Forces Analysis
2.7.1. Bargaining Power of Suppliers
2.7.2. Bargaining Power of Buyers
2.7.3. Threat of Substitutes
2.7.4. Threat of New Entrants
2.7.5. Competitive Rivalry
2.8. PEST Analysis
2.8.1. Political Factors
2.8.2. Economic Factors
2.8.3. Social Factors
2.8.4. Technology Factors
2.9. Key Regulation
3.
Global Bioethanol Market Estimates & Historical Trend Analysis (2019 - 2023)
4. Global
Bioethanol Market Estimates &
Forecast Trend Analysis, by Feedstock
4.1. Global Bioethanol Market Revenue
(US$ Bn) and Volume (Tons) Estimates and Forecast, by Feedstock, 2019 - 2034
4.1.1. Cereals & Starch
4.1.2. Wheat
4.1.3. Maize
4.1.4. Beet
4.1.5. Sugarcane
4.1.6. Others
5. Global
Bioethanol Market Estimates &
Forecast Trend Analysis, by Blend Type
5.1. Global Bioethanol Market Revenue
(US$ Bn) and Volume (Tons) Estimates and Forecasts, by Blend Type, 2019 - 2034
5.1.1. E5 (5% Bioethanol, 95% Gasoline)
5.1.2. E10 (10% Bioethanol, 90%
Gasoline)
5.1.3. E15 (15% Bioethanol, 85%
Gasoline)
5.1.4. E20 to E25
5.1.5. E85 (85% Bioethanol, 15%
Gasoline)
5.1.6. ED95 (for Diesel Engines)
5.1.7. Pure Bioethanol (E100)
6. Global
Bioethanol Market Estimates &
Forecast Trend Analysis, by Application
6.1. Global Bioethanol Market Revenue
(US$ Bn) and Volume (Tons) Estimates and Forecasts, by Application, 2019 - 2034
6.1.1. Food & Beverages
6.1.2. Power Generation
6.1.3. Transportation
6.1.4. Industrial
6.1.5. Medical
6.1.6. Others
7.
Global Bioethanol Market Estimates & Forecast Trend Analysis,
by Region
7.1. Global Bioethanol Market Revenue
(US$ Bn) and Volume (Tons) Estimates and Forecasts, by Region, 2019 - 2034
7.1.1. North America
7.1.2. Eastern Europe
7.1.3. Western Europe
7.1.4. Asia Pacific
7.1.5. Middle East & Africa
7.1.6. Latin America
8.
North
America Bioethanol Market: Estimates & Forecast Trend Analysis
8.1.
North
America Bioethanol Market Assessments & Key Findings
8.1.1. North America Bioethanol Market
Introduction
8.1.2. North America Bioethanol Market
Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019 - 2034)
8.1.2.1. By Feedstock
8.1.2.2. By Blend Type
8.1.2.3. By Application
8.1.2.4. By Country
8.1.2.4.1. The U.S.
8.1.2.4.2. Canada
8.1.2.4.3. Mexico
9.
Western
Europe Bioethanol Market: Estimates & Forecast Trend Analysis
9.1. Western Europe Bioethanol Market
Assessments & Key Findings
9.1.1. Western Europe Bioethanol Market
Introduction
9.1.2. Western Europe Bioethanol Market
Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019 - 2034)
9.1.2.1. By Feedstock
9.1.2.2. By Blend Type
9.1.2.3. By Application
9.1.2.4.
By
Country
9.1.2.4.1.
Germany
9.1.2.4.2.
Italy
9.1.2.4.3.
U.K.
9.1.2.4.4.
France
9.1.2.4.5.
Spain
9.1.2.4.6.
Benelux
9.1.2.4.7.
Nordics
9.1.2.4.8. Rest
of W. Europe
10. Eastern Europe Bioethanol
Market: Estimates & Forecast Trend
Analysis
10.1. Eastern Europe Bioethanol Market
Assessments & Key Findings
10.1.1. Eastern Europe Bioethanol Market
Introduction
10.1.2. Eastern Europe Bioethanol Market
Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019 - 2034)
10.1.2.1. By Feedstock
10.1.2.2. By Blend Type
10.1.2.3. By Application
10.1.2.4. By Country
10.1.2.4.1.
Russia
10.1.2.4.2.
Hungary
10.1.2.4.3.
Poland
10.1.2.4.4.
Balkan & Baltics
10.1.2.4.5. Rest of E. Europe
11. Asia Pacific Bioethanol
Market: Estimates & Forecast Trend
Analysis
11.1. Asia Pacific Market Assessments
& Key Findings
11.1.1. Asia Pacific Bioethanol Market
Introduction
11.1.2. Asia Pacific Bioethanol Market
Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019 - 2034)
11.1.2.1. By Feedstock
11.1.2.2. By Blend Type
11.1.2.3. By Application
11.1.2.4. By Country
11.1.2.4.1. China
11.1.2.4.2. Japan
11.1.2.4.3. India
11.1.2.4.4. Australia & New Zealand
11.1.2.4.5. South Korea
11.1.2.4.6. ASEAN
11.1.2.4.7. Rest of Asia Pacific
12. Middle East & Africa Bioethanol
Market: Estimates & Forecast Trend
Analysis
12.1. Middle East & Africa Market
Assessments & Key Findings
12.1.1. Middle
East & Africa Bioethanol
Market Introduction
12.1.2. Middle
East & Africa Bioethanol
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
12.1.2.1. By Feedstock
12.1.2.2. By Blend Type
12.1.2.3. By Application
12.1.2.4. By Country
12.1.2.4.1. UAE
12.1.2.4.2. Saudi
Arabia
12.1.2.4.3. Turkey
12.1.2.4.4. South
Africa
12.1.2.4.5. Rest of
MEA
13. Latin America
Bioethanol Market: Estimates &
Forecast Trend Analysis
13.1. Latin America Market Assessments
& Key Findings
13.1.1. Latin America Bioethanol Market
Introduction
13.1.2. Latin America Bioethanol Market
Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019 - 2034)
13.1.2.1. By Feedstock
13.1.2.2. By Blend Type
13.1.2.3. By Application
13.1.2.4. By Country
13.1.2.4.1. Brazil
13.1.2.4.2. Argentina
13.1.2.4.3. Colombia
13.1.2.4.4. Rest of
LATAM
14. Country Wise Market:
Introduction
15. Competition Landscape
15.1. Global Bioethanol Market Product
Mapping
15.2. Global Bioethanol Market
Concentration Analysis, by Leading Players / Innovators / Emerging Players /
New Entrants
15.3. Global Bioethanol Market Tier
Structure Analysis
15.4. Global Bioethanol Market
Concentration & Company Market Shares (%) Analysis, 2023
16. Company Profiles
16.1. Archer Daniels
Midland Company (ADM)
16.1.1. Company Overview & Key Stats
16.1.2. Financial Performance & KPIs
16.1.3. Product Portfolio
16.1.4. SWOT Analysis
16.1.5. Business Strategy & Recent
Developments
Similar details would be provided
for all the players mentioned below
16.2. POET LLC
16.3. Green Plains
Inc.
16.4. Valero Energy
Corporation
16.5. Flint Hills
Resources LP
16.6. Abengoa
Bioenergy SA
16.7. Royal Dutch
Shell Plc (Shell)
16.8. BP Biofuels
(BP p.l.c.)
16.9. Raízen Energia
SA
16.10. Cargill,
Incorporated
16.11. Tereos Group
16.12. Pacific
Ethanol, Inc. (Alto Ingredients, Inc.)
16.13. CropEnergies
AG
16.14. Petrobras
(Petróleo Brasileiro S.A.)
16.15. GranBio
16.16. Praj
Industries Ltd.
16.17. Others
17. Research
Methodology
17.1. External Transportations /
Databases
17.2. Internal Proprietary Database
17.3. Primary Research
17.4. Secondary Research
17.5. Assumptions
17.6. Limitations
17.7. Report FAQs
18. Research Findings & Conclusion
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
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Market Estimates and Forecast
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Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
Frequently Asked Questions
What is the market size of Bioethanol Market in 2024?
Bioethanol Market was valued at USD 65.85 Billion in 2024.
What is the growth rate for the Bioethanol Market?
Bioethanol Market size will increase at approximate CAGR of 14.8% during the forecasted period.
Which are the top companies operating within the market?
Major companies operating within the market are Archer Daniels Midland Company (ADM), POET LLC, Green Plains Inc., Valero Energy Corporation, Flint Hills Resources LP, Abengoa Bioenergy SA, Royal Dutch Shell Plc (Shell), BP Biofuels (BP p.l.c.) and others.
Which region dominates the Bioethanol Market?
North America dominates the market with an active share of 53%.
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