(EMAILWIRE.COM, February 05, 2025 ) The Bioethanol Market is growing due to increasing environmental concerns related to the use of fossil fuels. The preferences of consumers are shifting towards green alternatives to fossil fuels due to a rise in environmental sustainability. The world’s energy demand is increasing due to population growth, economic expansion, and urbanization. Further, demand for renewable energy sources like bioethanol increases which leads to market growth. New technologies have improved the efficiency of bioethanol production and reduced costs which increases the investments in the sector.
North America held the largest market share in 2024, as the United States is the world’s largest producer and consumer of bioethanol. The US and other North American countries have government initiatives to promote renewable energy and reduce greenhouse gas emissions which boosts the demand for bioethanol in the region. Asia Pacific region held significant share due to environmental concerns, and the need for renewable energy.
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Bioethanol Market Segmentation
By Feedstock
Starch Based
Sugar Based
Cellulose Based
Others
By Fuel Generation
First Generation
Second Generation
Third Generation
By Fuel Blend
E5
E10
E15 TO E70
E75 TO E85
Others
By End-User
Transportation
Alcoholic Beverages
Cosmetics
Pharmaceuticals
Others
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Bioethanol Market Top Leaders:
POET, LLC (South Dakota, USA)
Green Plains Inc. (Nebraska, USA)
Valero Energy Corporation (Texas, USA)
Raízen (São Paulo, Brazil)
Bunge Limited (New York, USA – Operational Presence in South America)
CropEnergies AG (Mannheim, Germany)
Tereos (Paris, France)
Abengoa Bioenergy (Seville, Spain)
Wilmar International Limited (Singapore)
Praj Industries Ltd. (Pune, India)
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