Product Code: CMI276
The ethanol Market size is valued at US$ 104.3 Bn in 2024 and is expected to reach US$ 148.9 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2023/2024: |
US$ 104.3 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 - 2031 |
Forecast Period 2023/2024 to 2030/2031 CAGR: |
5.20% |
2030/2031 Value Projection: |
US$ 148.9 Bn |
Figure 1. Ethanol Market Share (%), by Region, 2024
The ethanol market has seen significant growth over the past decade and is expected to expand further going forward. Ethanol is a biofuel that is produced through the fermentation of carbohydrate biomass such as corn, sugarcane, and wheat. It is mixed with gasoline to be used as motor fuel and helps reduce greenhouse gas emissions as it is renewable in nature. With rising concerns about climate change and energy security, many countries are promoting the production and use of ethanol through policies such as blending mandates. The U.S. and Brazil are currently the largest producers and consumers of ethanol globally. The rising demand for cleaner fuels is expected to further drive production in the ethanol market going forward.
Market Dynamics:
The ethanol market is witnessing robust growth driven by factors such as government policies promoting the use of biofuels to reduce dependence on fossil fuels and curb emissions, advancements in ethanol production technologies, and increasing awareness about the need to transition to more sustainable fuels. However, supply chain disruptions caused by the COVID-19 pandemic and high production costs remain challenges for the market. Meanwhile, the rise of electric vehicles also poses a threat to the long-term demand for ethanol. Nevertheless, innovations to produce ethanol from cellulosic feedstock present new opportunities to significantly boost production volumes. The emergence of new geographic markets such as Asia Pacific and Latin America through rising blending mandates will further stimulate the global ethanol market expansion over the coming years.
Key Features of the Study:
- This report provides an in-depth analysis of the ethanol market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the ethanol market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Cargill Inc., Archer Daniels Midland Company, Grain Processing Corporation, Ace Ethanol LLC, Advanced Bio Energy LLC, MGP Ingredients, Flint Hills Resources, and Marquis Energy .
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The ethanol market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the ethanol market.
Detailed Segmentation:
- By Process
- By Source
- Natural Source
- Synthetic Source
- By End-use Industry
- Automotive
- Alcoholic Beverages
- Pharmaceutical
- Cosmetic
- By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- Top Companies in the Ethanol Market:
- Cargill Inc
- Archer Daniels Midland Company
- Grain Processing Corporation
- Ace Ethanol LLC
- Advanced Bio Energy LLC
- MGP Ingredients,
- Flint Hills Resources
- Marquis Energy
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Ethanol Market, By Process
- Ethanol Market, By Source
- Ethanol Market, By End-use Industry
- Ethanol Market, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Government subsidies and tax rebates
- Low charging infrastructure
- Developing charging infrastructure
- Key Highlights
- Regulatory Scenario
- Recent Trends
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Mergers, Acquisitions, and Collaborations
4. Ethanol Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Ethanol Market, By Process, 2019-2031 , (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Dry Milling
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Wet Milling
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
6. Ethanol Market, By Source, 2019-2031 , (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Natural Source
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Synthetic Source
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
7. Ethanol Market, By End-use Industry, 2019 - 2031 (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Alcoholic Beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Pharmaceutical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Cosmetic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
8. Ethanol Market, By Region, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Process, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Process, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Process, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Process, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Process, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
- GCC Countries
- Israel
- South Africa
- Central Africa
- North Africa
- Rest of Middle East
9. Competitive Landscape
- Company Profile
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Archer Daniels Midland Company
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Grain Processing Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Analyst Views
10. Section
- References
- Research Methodology
- About us