Bio-ethanol Market 2019 Global Trends, Market Share, Industry Size, Growth, Sales, Opportunities, and Market Forecast to 2028

“Bio-ethanol Market 2019-2028”
New Market Study, Report “Bioethanol Market 2019 Global Industry Demand, Opportunities, Growth Drivers, Challenges, Strategies and Forecasts 2028” Has been Added on WiseGuyReports.com.

Bio-ethanol Market 2019-2028

New Market Study, Report “Bioethanol Market 2019 Global Industry Demand, Opportunities, Growth Drivers, Challenges, Strategies and Forecasts 2028” Has been Added on WiseGuyReports.com.

Introduction/Report Summary:

Bioethanol Market to Grow due to its Environment-Friendly Nature

This report provides in depth study of “Bio-ethanol Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Bio-ethanol Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

Bio-ethanol is ethyl alcohol which is used as a fuel and is blended with gasoline. It is produced from biomass like potato, hemp, sugar cane, corn, cassava, etc. in the form of renewable energy. As Bio-ethanol is a form of renewable energy it may be produced from agricultural feedstocks which comprise of fermentable carbohydrates or sugars. Though Bio-ethanol has gained popularity in a few countries the main concern is for land utilization and food supply, which increases the food cost.

The effort is going on to produce Bio-ethanol from non-edible bio-ethanol feedstocks which include lignocellulosic biomass like woody biomass, forest residue, herbaceous biomass, etc., from non-food crops, animal fat, and municipal solid waste. It has few advantages as it can be grown on poor-quality marginal land with less fertilizer, less water, and it does not affect the price of crops. But it has a few disadvantages as it requires huge capital for production due to lower energy density and sophisticated equipment.

The best way to produce Bio-ethanol is from algal biomass which has a low cost of cultivation, high energy density, and high conversion efficiency but it is less stable as compared to others. The advantage of using Bio-ethanol is that the emission of spots and small particulates gets reduced from greenhouse gas emissions and motor fuels. It is a cleaner source of fuel and widely used as a source of renewable domestic fuel. It improves the environment and reduces the pollution created by conventional fuel. All these advantages of Bio-ethanol will take the market to a new height. 

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Key markets

When it comes about the key players of the industry, the names like COFCO, Tianguan, Jilin Fuel Alcohol, ZTE Energy, Longlive Bio-Technology, SDIC Guangdong Bio-Energy, etc. do appear at the front row.

Segmentation:

By type, the global Bio-ethanol market in the section – Corn Source, Cassava Source, and others. Cassava is a staple food in many countries owing to which the production of Bio-ethanol from Cassava has increased immensely owing to its economic advantages as compared to other Bio-ethanol resources. The growing demand for cassava for food and energy can only be met by increasing the growth of cassava crops and also by producing biofuel from cassava’s non-food parts. Corn is a good source for producing Bio-ethanol due to its starch content and for the easy conversion to ethanol. By the sales channel, the global Bio-ethanol market in the section – Direct Channel and Distribution Channel. By application, the global Bio-ethanol market in the section – Gasoline and other Biofuels.

Regional Analysis:

Europe and North America’s Bio-ethanol market achieve growth due to its huge advantages for producing motor fuel. It reduces the import of oil from other countries and helps in the growth of the economy. It does not create pollution and improves air quality. This region has the maximum market share across the world due to its growing popularity. South America’s Bio-ethanol market achieves growth by using biomass to produce clean and renewable energy and less toxic fuel. Asia-Pacific (APAC) Bio-ethanol market to achieve growth due to the ongoing effort for alternative fuel production. It reduces the emission of harmful gases. Bio-ethanol can be produced from various renewable resources.  

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Industry News:

November 18, 2019. BTG, a Dutch technology group, and GoodFuels, sustainable marine fuel producer, has collaborated to invest in a new biorefinery to meet the demand for low carbon shipping fuels. BTG will establish a new technology company, BTG-neXt, to convert crude pyrolysis oil into biodiesel fuel to be used in the shipping sector. 

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