Bioethanol Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The bioethanol market is estimated at around 102,174.66 million liters in 2022, and the market is projected to register a CAGR of over 5% during the forecast period (2022-2027).
The bioethanol market was adversely affected by COVID-19 due to disruptions in the supply chain. However, the market rebounded in 2021. The major factors driving the market are the increasing government initiatives and the uplifting of restrictions on marketing gasoline containing a higher percentage of ethanol in the United States.
Key HighlightsThe bioethanol market is moderately fragmented. Some major players in the market include POET LLC, Valero, ADM, Green Plains Inc., and Alto Ingredients Inc., among others (not in any particular order).
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook