Ethanol is colorless and flammable chemical compound with an agreeable odor and taste. It is renewable and can be produced by the fermentation of starch and sugar based biological materials and cellulosic feedstock, such as sugarcane, wood, wheat, corn, and barley. Corn and starch-based crops are mostly used to produce ethanol. Ethanol is highly soluble in water and most of the organic solvent, due to this it is widely used as a solvent in various industries.
MARKET DYNAMICS
The ethanol market has witnessed significant growth due to the growing demand from pharmaceutical industry. Moreover, growing increasing usage of ethanol in alcoholic beverages provides a huge market opportunity for the key players operating in the ethanol market. However, relatively higher prices are projected to hamper the overall growth of the ethanol market in the forecast period.
MARKET SCOPE
The "Global Ethanol Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the ethanol market with detailed market segmentation source, application., and geography. The global ethanol market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading ethanol market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global ethanol market is segmented on the basis of source and application. On the basis of source, the global ethanol market is divided into sugar & molasses-based ethanol, grain based ethanol, and second generation ethanol. On the basis of application, the global ethanol market is divided into industrial solvents, fuel & fuel additives, beverages, disinfectant, personal care, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global ethanol market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The ethanol market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the ethanol market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the ethanol market in these regions.
MARKET PLAYERS
The reports cover key developments in the ethanol market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as material type launches, material type approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from ethanol market is anticipated to lucrative growth opportunities in the future with the rising demand for ethanol in the global market. Below mentioned is the list of few companies engaged in the ethanol market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the ethanol market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Grain Processing Corporation
- Ace Ethanol LLC
- AB Miller
- Archer Daniels Midland Company
- Flint Hills Resources
- Pure Energy Inc.
- British Petroleum
- Cargill Corporation
- Advanced Bio Energy LLC.
- MGP Ingredients
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.