Transportation grade bioethanol has a lower carbon footprint than traditional gasoline because it is made from renewable sources and does not release as many pollutants into the atmosphere when burned. The production of bioethanol also has less impact on the environment because it uses less water and energy than traditional oil refining processes. Bioethanol is typically blended with gasoline to create fuel blends, such as E10, E15, and E85, depending on the percentage of ethanol in the mixture. These fuel blends are used in cars, trucks, and other vehicles as a cleaner, sustainable alternative to traditional gasoline. According to the latest data, the market size of the global transportation grade bioethanol sector is expected to rise by USD 26.4 billion with a CAGR of 5.5% by the end of 2029.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global transportation grade bioethanol market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the raw material, fuel blend, end user, and region. The global market for transportation grade bioethanol can be segmented by raw material: sugarcane, corn, wheat, others. Among these, the sugarcane segment was accounted for the highest revenue generator in 2022. Transportation grade bioethanol market is further segmented by fuel blend: E5, E10, E15 to E75, E85 to E100. The E10 segment is estimated to account for the largest share of the global transportation grade bioethanol market. Based on end user, the transportation grade bioethanol market is segmented into: passenger cars, light commercial vehicles, medium & heavy commercial vehicles, aviation. The passenger cars segment held the largest share of the global transportation grade bioethanol market in 2022 and is anticipated to hold its share during the forecast period. On the basis of region, the transportation grade bioethanol market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. In 2022, North America made up the largest share of revenue generated by the transportation grade bioethanol market.
Market Segmentation
By raw material: sugarcane, corn, wheat, others
By fuel blend: E5, E10, E15 to E75, E85 to E100
By end user: passenger cars, light commercial vehicles, medium & heavy commercial vehicles, aviation
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report has also analysed the competitive landscape of the global transportation grade bioethanol market with some of the key players being Aemetis, Inc, Alcogroup S.A., Archer-Daniels-Midland Company, BP plc, Cristal Union SCA, CropEnergies AG, Green Plains Inc., Petróleo Brasileiro S.A., POET, LLC, Raizen S.A., Tereos S.A, Valero Energy Corporation, Vivergo Fuels Limited, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global transportation grade bioethanol market.
• To classify and forecast the global transportation grade bioethanol market based on raw material, fuel blend, end user, region.
• To identify drivers and challenges for the global transportation grade bioethanol market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global transportation grade bioethanol market.
• To identify and analyze the profile of leading players operating in the global transportation grade bioethanol market.
Why Choose This Report
• Gain a reliable outlook of the global transportation grade bioethanol market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.
| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2022 |
| Forecast Year | 2023-2029 |
| CAGR (2023-2029) | 5.5% |
| Pages | 88 |
| Key Players | Aemetis Inc, Alcogroup S.A., Archer-Daniels-Midland Company, BP plc, Cristal Union SCA, CropEnergies AG, Green Plains Inc., Petróleo Brasileiro S.A., POET LLC, Raizen S.A., Tereos S.A, Valero Energy Corporation, Vivergo Fuels Limited |
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