Fuel Ethanol Market Growth, Size, Upcoming Trends, Scope and Business Challenges 2032

Fuel Ethanol Market Size- By Source, By Product, By Application, By End Use Industry, By Raw Material- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Fuel Ethanol Market Size- By Source, By Product, By Application, By End Use Industry, By Raw Material- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Published: Dec 2022 Report ID: POAE2208 Pages: 1 - 251 Formats*:     
Category : Power & Energy
Global Fuel Ethanol Market Overview:

According to SPER Market Research, the Global Fuel Ethanol Market is estimated to reach USD 144.49 billion by 2032 with a CAGR of 4.83%. 

Ethyl alcohol used as fuel is known as fuel ethanol. Most frequently, it is used as a biofuel addition for gasoline, which powers most vehicles. It is frequently produced using biomass, such as corn or sugarcane. Brazil, the United States, and Europe all make extensive use of ethanol-blend fuel. The two sources used to make fuel ethanol are synthetic and natural biomass. A renewable energy source that may be created from agricultural feedstock is the natural source of ethanol. It may be produced using extremely common crops including maize, potatoes, cassava, and sugarcane. Some of the key factors fuelling the market growth during the forecast period include the presence of investments over the past ten years, the recent rise in importance regarding the impact of the transportation sector on the environment, and expanding policies of significant developing nations to advance toward climate goals for next two decades. One of the main factors boosting the market's expansion is the increase in investment made by large oil producers in the purchase of fuel ethanol from fuel ethanol producers in order to raise the octane level of gasoline, lower the production of carbon soot, and comply with government regulations to cut carbon emissions. The development of technology to economically extract ethanol fuel from non-food crops, as well as government regulations and actions to assist green businesses, may both increase farmers income and lower carbon emissions from incorrect disposal of agricultural waste. In addition to the presence of major international fuel companies that has entered into a number of partnerships, collaborations, and acquisitions with companies that are involved in the production of biofuels. This will open up opportunities for the market for fuel ethanol to expand. The market share for fuel ethanol worldwide is dominated by the natural source sector. Biomass fermentation is a natural source of ethanol. The two main feedstocks for ethanol generation have been sugarcane and corn. Recent consideration has been given to lignocellulosic biomass as another possible feedstock because of its non-food competition and abundant supply. Natural-source ethanol is also currently one of the most significant biofuels in the economy. The aforementioned aspects will present the industry with several potentials for growth. The market for fuel ethanol is dominated by starch-based products. Corn, wheat, rice, and cassava all contain starch and are used to make ethanol. Starch-based raw materials are first hydrolysed, which uses amylolytic enzymes to turn the starch into glucose. Yeast and glucose combine during fermentation to make ethanol and carbon dioxide. High energy consumption is required by industrialization and the rising global population. The majority of our energy comes from petroleum, but in preparation for its ultimate depletion, significant effort has been made to produce alternative energy sources, including biofuels like bioethanol. The most common application for bioethanol in transportation is as a liquid fuel. Potential applications include heating and industrial operations. It has benefits over traditional liquid fuels, reduces carbon emission, and works perfectly as a substitute for gasoline. The market for fuel ethanol worldwide is dominated by the category of conventional cars. Conventional vehicles are those that propel the wheels using an internal combustion engine that is powered by gasoline or diesel. An octane booster or anti-knock ingredient is ethanol. Ethanol increases engine efficiency in contemporary, higher-compression engines. As a result, ethanol is used as a fuel mix in traditional cars. Another significant element driving the market expansion is the rise in public awareness of the environmental impact of using ethanol-blend fuel in conventional automobiles. The availability of its environmental benefits of use is a key driver fuelling the expansion of the fuel ethanol market throughout the forecast period. The global market for fuel ethanol is dominated by the automobile industry. Ethanol is a fuel that is used in the automobile industry to power the engine in fuel-powered cars. The vast majority of cars on the road today are driven by gasoline or diesel. Ethanol is a renewable fuel that may be manufactured domestically for use in low-level mixes in transportation. The demand for the fuel ethanol market is positively impacted by the rising use of automobiles in the transportation sector in both developed and emerging nations. The usage of fuel ethanol in automobiles has increased because of the progressive depletion of the fossil fuels currently used in them and the rising expense of crude oil. The aforementioned elements will offer a wealth of chances for the market's growth.
Impact of COVID-19 on the Global Fuel Ethanol Market  
Global trade has been devastated by COVID-19, which has also had disastrous consequences on households, businesses, financial institutions, industrial enterprises, and infrastructural firms. The demand for transportation vehicles fell as a result of the closure of industrial manufacturers, and the fuel ethanol market saw a fall in demand as a result of the closure of the transportation industry in the majority of nations worldwide. The decline in global transportation facility use during the epidemic has had a detrimental effect on the market's growth.




Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2032
 Base year considered 2021
 Forecast period 2022-2032
 Segments coveredBy Source, By Product, By Application, By End Use Industry, By Raw Material
 Regions coveredNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa
 Companies CoveredBP Plc, Braskem S.A., Cargill Incorporated, HPCL Biofuels Limited, INEOS, LyondellBasell Industries Holdings BV, Mitsubishi Chemical Corporation, SABIC, Sasol Limited, Solvay SA.
Global Fuel Ethanol Market Segmentation:

By Source: Based on the Source, Global Fuel Ethanol Market is segmented as; Synthetic and Natural.

By Product: Based on the Product, Global Fuel Ethanol Market is segmented as; Starch Based, Sugar Based and Cellulosic.

By Application: Based on the Application, Global Fuel Ethanol Market is segmented as; Conventional Vehicles and Flexible Fuel Vehicles. 

By End Use Industry: 
Based on the End Use Industry, Global Fuel Ethanol Market is segmented as; Automotive, Oil and Gas and Others.

By Raw Material: Based on the Raw Material, Global Fuel Ethanol Market is segmented as; Maize, Wheat, Industrial Beets, Sugarcane, Cereals & Starch, Others. 

By Region: The fuel ethanol industry is dominated by North America, which includes nations including the United States, Canada, and Mexico. The largest ethanol producer in the world is the United States. Canada exported ethanol used as fuel to Europe for the first-time last year. The development of commercial motor vehicles and the availability of road infrastructure in industrialised nations contributed to an increase in carbon emissions. As a replacement for fossil fuels, the development of the production of biofuels (natural ethanol) has been jointly financed and supported by high authorities and governmental entities. The activities described above will likely play a significant role in the market's expansion in this area during the next years.
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation

3. Executive Summary

4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges 
4.2. COVID-19 Impacts of the Global Fuel Ethanol Market 

5. Market variables and outlook
5.1. SWOT analysis 
5.1.1 Strengths 
5.1.2 Weaknesses 
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis 
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape 
5.2.4 Technological landscape 
5.2.5 Environmental landscape 
5.2.6 Legal landscape 
5.3. PORTER’S five forces analysis 
5.3.1 Bargaining power of suppliers 
5.3.2 Bargaining power of Buyers 
5.3.3 Threat of Substitute 
5.3.4 Threat of new entrant 
5.3.5 Competitive rivalry
5.4. Heat map analysis

6. Global Fuel Ethanol Market, By Source, 2019-2032 (USD Million)
6.1 Synthetic 
6.2 Natural

7. Global Fuel Ethanol Market, By Product, 2019-2032 (USD Million)
7.1 Starch Based 
7.2 Sugar Based 
7.3 Cellulosic 

8. Global Fuel Ethanol Market, By Application, 2019-2032 (USD Million)
8.1 Conventional Vehicles 
8.2 Flexible Fuel Vehicles

9. Global Fuel Ethanol Market, By End Use Industry, 2019-2032 (USD Million)
9.1 Automotive 
9.2 Oil and Gas 
9.3 Others

10. Global Fuel Ethanol Market, By Raw Material, 2019-2032 (USD Million)
10.1 Maize 
10.2 Wheat 
10.3 Industrial Beets
10.4 Sugarcane 
10.5 Cereals & Starch 
10.6 Others

11. Global Fuel Ethanol Market, By Region, 2019-2032 (USD Million)
11.1 North America
11.1.1. United States
11.1.2. Canada
11.1.3. Mexico
11.2 Europe
11.2.1. Germany
11.2.2. United Kingdom
11.2.3. France
11.2.4. Italy
11.2.5. Spain
11.2.6. Rest of Europe
11.3 Asia-Pacific
11.3.1. China
11.3.2. Japan
11.3.3. India
11.3.4. Australia
11.3.5. South Korea
11.3.6. Rest of Asia-Pacific
11.4 South America
11.4.1. Brazil
11.4.2. Argentina
11.4.3. Rest of South America
11.5 Middle East & Africa
11.5.1. Kingdom of Saudi Arabia 
11.5.2. United Arab Emirates
11.5.3. Rest of Middle East & Africa

12.  Company Profiles
12.1 BP Plc
12.1.1.  Company details 
12.1.2.  Financial outlook
12.1.3.  Product summary 
12.1.4.  Recent developments

12.2 Braskem S.A.
12.2.1. Company details 
12.2.2. Financial outlook
12.2.3. Product summary 
12.2.4. Recent developments

12.3 Cargill Incorporated
12.3.1. Company details 
12.3.2. Financial outlook
12.3.3. Product summary 
12.3.4. Recent developments

12.4 HPCL Biofuels Limited
12.4.1. Company details 
12.4.2. Financial outlook
12.4.3. Product summary 
12.4.4. Recent developments

12.5 INEOS
12.5.1. Company details 
12.5.2. Financial outlook
12.5.3. Product summary 
12.5.4. Recent developments

12.6 LyondellBasell Industries Holdings BV
12.6.1. Company details 
12.6.2. Financial outlook
12.6.3. Product summary 
12.6.4. Recent developments

12.7 Mitsubishi Chemical Corporation
12.7.1. Company details 
12.7.2. Financial outlook
12.7.3. Product summary 
12.7.4. Recent developments

12.8 SABIC
12.8.1. Company details 
12.8.2. Financial outlook
12.8.3. Product summary 
12.8.4. Recent developments

12.9 Sasol Limited
12.9.1. Company details 
12.9.2. Financial outlook
12.9.3. Product summary 
12.9.4. Recent developments

12.10 Solvay SA
12.10.1. Company details 
12.10.2. Financial outlook
12.10.3. Product summary 
12.10.4. Recent developments

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

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Frequently Asked Questions About This Report
The Fuel Ethanol Market is projected to reach USD 144.49 billion by 2032, growing at a CAGR of 4.83% during the forecast period.
The Fuel Ethanol Market grew in market size from 2021. The Market is expected to reach USD 144.49 billion by 2032, at a CAGR of 4.83% during the forecast period.
The Fuel Ethanol Market CAGR of 4.83% during the forecast period.
You can get the sample pages by clicking the link -Click Here
The Fuel Ethanol Market size is USD 144.49 billion from 2022 to 2032.
The Fuel Ethanol Market segment is Covered By Source, By Product, By Application, By End Use Industry, By Raw Material.
The North America region is anticipated to have the highest market share in the Fuel Ethanol Market.
The key players in the market include Companies Covered BP Plc, Braskem S.A., Cargill Incorporated, HPCL Biofuels Limited, INEOS, LyondellBasell Industries Holdings BV, Mitsubishi Chemical Corporation, SABIC, Sasol Limited, Solvay SA.
Ethanol is a renewable fuel that may be manufactured domestically for use in low-level mixes in transportation. The demand for the fuel ethanol market is positively impacted by the rising use of automobiles in the transportation sector in both developed and emerging nations.
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