Global Fuel Ethanol Market, Size, Trends, By Source (Synthetic, Natural), By Raw Material (Maize, Wheat, Industrial Beets, Sugarcane, Cereals & Starch, Others), By Application (Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle) and By Region (North America, Latin America, Europe, Asia Pacific, Central America and Africa): Global Opportunity Analysis and Industry forecast, 2023-2030.
Global Fuel Ethanol Market
With a CAGR of 5.67 % from 2023 to 2030, the Global Fuel Ethanol Market is expected to grow from its estimated value of US$ 106 Bn in 2022 to US$ 179 Bn by 2030.
The chemical used to make ethanol fuel, ethyl alcohol, is the same type of alcohol that may be found in alcoholic beverages. It is mainly added to petrol as a biofuel addition when used as a motor fuel. Typically, biomass such as sugarcane or maize is used to make it. A practical alternative fuel that can be utilised in full or combined with petrol is ethanol.
Market Drivers
The usage of fuel in the vehicle industry is one of the major driving forces behind the market's rise. The automotive sector has grown quickly in recent years, but it has also had a lot of trouble cutting air pollution. In order to combat the rising air pollution brought on by automobiles, ethanol is combined with petrol in amounts of up to 10% to 15%. Increased fuel economy, improved thermal efficiency, and help with cold starts in the winter are just a few of the many benefits of using petrol ethanol. Brazil and the United States are the world leaders in the use of ethanol as a biofuel.
It is anticipated that increasing gasoline ethanol use in commercial vehicles will accelerate market expansion. Fuel ethanol is widely used in the automobile and transportation industries. In conventional cars, fuel with low ethanol blends like E15 and E10 can be utilised. While E15 has 10.5% to 15% ethanol. 90% petrol and 10% ethanol make up E10. Additionally, during the anticipated time, conventional car fuel economy standards are anticipated to rise in nations including India, China, the United States, and Brazil.
Market Restraints
Steel, aluminium, nickel, chromium, and other metals are the key components of fuel ethanol. Variations in the price of these ingredients may therefore cause gasoline ethanol prices to soar, which may impede the market's expansion. During the projected period, the market's expansion may be constrained by the fluctuating costs of the raw materials used to make fuel ethanol.
Market Segmentation
The scope of the Global Fuel Ethanol Market covers segmentation based on By Source, By Raw Material, By Application and By Region.
By Source, the market is segmented into Synthetic, Natural. By Raw Material, the market is segmented into Maize, Wheat, Industrial Beets, Sugarcane, Cereals & Starch, Others. By Application, the market is segmented into Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle.
Regional Analysis
The Global Fuel Ethanol Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Because it has a strong automotive industry, North America dominates the fuel ethanol market in terms of market share and revenue. Additionally, severe laws governing particle emissions and an increase in the use of ethanol as a vehicle fuel are projected to spur market expansion in this area.
Due to the rising adoption and usage of fuel ethanol in the automobile industry, Asia-Pacific is anticipated to experience the quickest growth throughout the projection period. Additionally, rising greenhouse gas emissions globally and expanding government backing for the use of ethanol as a fuel are anticipated to drive market expansion in this region.
Key Players
DuPont, POET, LLC, CropEnergies AG, ADM, Shell PLC., Cargill, Incorporated., Dow, BP PLC, Petrobras, Pannonia Bio Zrt.
Market Taxonomy
By Source
- Synthetic
- Natural
- Maize
- Wheat
- Industrial Beets
- Sugarcane
- Cereals & Starch
- Others
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- North America
- U.S.
- Canada
- Mexico
- Latin America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
- Venezuela
- Rest of Latin America
- Europe
- Germany
- France
- UK
- Russia
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- New Zealand
- Singapore
- Malaysia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest Middle East & Africa
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market Definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Fuel Ethanol Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.2.4 Cumulative Impact due to recent Energy Crisis
- 4.2.5 Cumulative Impact due to nearing economic downturn.
- 4.2.6 Post covid-19 world Supply& Demand conditions
- 4.2.7 Cumulative Impact of Russia-Ukraine Conflict
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Fuel Ethanol Market, By Source
- 5.1 Y-o-Y Growth Comparison, By Source
- 5.2 Global Fuel Ethanol Market Share Analysis, By Source
- 5.3 Global Fuel Ethanol Market Size and Forecast, By Source
- 5.3.1 Synthetic
- 5.3.2 Natural
- 6 Global Fuel Ethanol Market, By Raw Material
- 6.1 Y-o-Y Growth Comparison, By Raw Material
- 6.2 Global Fuel Ethanol Market Share Analysis, By Raw Material
- 6.3 Global Fuel Ethanol Market Size and Forecast, By Raw Material
- 6.3.1 Maize
- 6.3.2 Wheat
- 6.3.3 Industrial Beets
- 6.3.4 Sugarcane
- 6.3.5 Cereals & Starch
- 6.3.6 Others
- 7 Global Fuel Ethanol Market, By Application
- 7.1 Y-o-Y Growth Comparison, By Application
- 7.2 Global Fuel Ethanol Market Share Analysis, By Application
- 7.3 Global Fuel Ethanol Market Size and Forecast, By Application
- 7.3.1 Passenger Car
- 7.3.2 Light Commercial Vehicle
- 7.3.3 Heavy Commercial Vehicle
- 8 Global Fuel Ethanol Market, By Region
- 8.1 Global Fuel Ethanol Market Share Analysis, By Region
- 8.2 Global Fuel Ethanol Market Size and Forecast, By Region
- 8.3 Global Fuel Ethanol Market Trends and Forecast, By Region
- 9 North America Fuel Ethanol Market Analysis and Forecast (2023-2030)
- 9.1 Introduction
- 9.2 North America Fuel Ethanol Market Share Analysis, By Source
- 9.3 North America Fuel Ethanol Market Size and Forecast, By Raw Material
- 9.4 North America Fuel Ethanol Market Size and Forecast, By Application
- 9.5 North America Fuel Ethanol Market Size and Forecast, By Country
- 9.5.1 U.S.
- 9.5.1.1. Market Size and Forecast, By Source
- 9.5.1.2 Market Size and Forecast, By Raw Material
- 9.5.1.3. Market Size and Forecast, By Application
- 9.5.2 Canada
- 9.5.2.1. Market Size and Forecast, By Source
- 9.5.2.2 Market Size and Forecast, By Raw Material
- 9.5.2.3. Market Size and Forecast, By Application
- 9.5.3 Mexico
- 9.5.3.1. Market Size and Forecast, By Source
- 9.5.3.2 Market Size and Forecast, By Raw Material
- 9.5.3.3. Market Size and Forecast, By Application
- 10 Europe Fuel Ethanol Market Analysis and Forecast (2023-2030)
- 10.1 Introduction
- 10.2 Europe Fuel Ethanol Market Share Analysis, By Source
- 10.3 Europe Fuel Ethanol Market Size and Forecast, By Raw Material
- 10.4 Europe Fuel Ethanol Market Size and Forecast, By Application
- 10.5 Europe Fuel Ethanol Market Size and Forecast, By Country
- 10.5.1 Germany
- 10.5.1.1. Market Size and Forecast, By Source
- 10.5.1.2 Market Size and Forecast, By Raw Material
- 10.5.1.3. Market Size and Forecast, By Application
- 10.5.2 France
- 10.5.2.1. Market Size and Forecast, By Source
- 10.5.2.2 Market Size and Forecast, By Raw Material
- 10.5.2.3. Market Size and Forecast, By Application
- 10.5.3 UK
- 10.5.3.1. Market Size and Forecast, By Source
- 10.5.3.2 Market Size and Forecast, By Raw Material
- 10.5.3.3. Market Size and Forecast, By Application
- 10.5.4. Russia
- 10.5.4.1. Market Size and Forecast, By Source
- 10.5.4.2 Market Size and Forecast, By Raw Material
- 10.5.4.3. Market Size and Forecast, By Application
- 10.5.5. Italy
- 10.5.5.1. Market Size and Forecast, By Source
- 10.5.5.2 Market Size and Forecast, By Raw Material
- 10.5.5.3. Market Size and Forecast, By Application
- 10.5.6. Spain
- 10.5.6.1. Market Size and Forecast, By Source
- 10.5.6.2 Market Size and Forecast, By Raw Material
- 10.5.6.3. Market Size and Forecast, By Application
- 10.5.7. Rest of Europe
- 10.5.7.1. Market Size and Forecast, By Source
- 10.5.7.2 Market Size and Forecast, By Raw Material
- 10.5.7.3. Market Size and Forecast, By Application
- 11 Asia Pacific Fuel Ethanol Market Analysis and Forecast (2023-2030)
- 11.1 Introduction
- 11.2 Asia Pacific Fuel Ethanol Market Share Analysis, By Source
- 11.3 Asia Pacific Fuel Ethanol Market Size and Forecast, By Raw Material
- 11.4 Asia Pacific Fuel Ethanol Market Size and Forecast, By Application
- 11.5 Asia Pacific Fuel Ethanol Market Size and Forecast, By Country
- 11.5.1 China
- 11.5.1.1. Market Size and Forecast, By Source
- 11.5.1.2 Market Size and Forecast, By Raw Material
- 11.5.1.3. Market Size and Forecast, By Application
- 11.5.2 Japan
- 11.5.2.1. Market Size and Forecast, By Source
- 11.5.2.2 Market Size and Forecast, By Raw Material
- 11.5.2.3. Market Size and Forecast, By Application
- 11.5.3 India
- 11.5.3.1. Market Size and Forecast, By Source
- 11.5.3.2 Market Size and Forecast, By Raw Material
- 11.5.3.3. Market Size and Forecast, By Application
- 11.5.4. South Korea
- 11.5.4.1. Market Size and Forecast, By Source
- 11.5.4.2 Market Size and Forecast, By Raw Material
- 11.5.4.3. Market Size and Forecast, By Application
- 11.5.5. Australia
- 11.5.5.1. Market Size and Forecast, By Source
- 11.5.5.2 Market Size and Forecast, By Raw Material
- 11.5.5.3. Market Size and Forecast, By Application
- 11.5.6. New Zealand
- 11.5.6.1. Market Size and Forecast, By Source
- 11.5.6.2 Market Size and Forecast, By Raw Material
- 11.5.6.3. Market Size and Forecast, By Application
- 11.5.7. Singapore
- 11.5.7.1. Market Size and Forecast, By Source
- 11.5.7.2 Market Size and Forecast, By Raw Material
- 11.5.7.3. Market Size and Forecast, By Application
- 11.5.8. Malaysia
- 11.5.8.1. Market Size and Forecast, By Source
- 11.5.8.2 Market Size and Forecast, By Raw Material
- 11.5.8.3. Market Size and Forecast, By Application
- 11.5.9. Rest of Asia
- 11.5.9.1. Market Size and Forecast, By Source
- 11.5.9.2 Market Size and Forecast, By Raw Material
- 11.5.9.3. Market Size and Forecast, By Application
- 12 Latin America Fuel Ethanol Market Analysis and Forecast (2023-2030)
- 12.1 Introduction
- 12.2 Latin America Fuel Ethanol Market Share Analysis, By Source
- 12.3 Latin America Fuel Ethanol Market Size and Forecast, By Raw Material
- 12.4 Latin America Fuel Ethanol Market Size and Forecast, By Application
- 12.5 Latin America Fuel Ethanol Market Size and Forecast, By Country
- 12.5.1 Brazil
- 12.5.1.1. Market Size and Forecast, By Source
- 12.5.1.2 Market Size and Forecast, By Raw Material
- 12.5.1.3. Market Size and Forecast, By Application
- 12.5.2 Argentina
- 12.5.2.1. Market Size and Forecast, By Source
- 12.5.2.2 Market Size and Forecast, By Raw Material
- 12.5.2.3. Market Size and Forecast, By Application
- 12.5.3. Colombia
- 12.5.3.1. Market Size and Forecast, By Source
- 12.5.3.2 Market Size and Forecast, By Raw Material
- 12.5.3.3. Market Size and Forecast, By Application
- 12.5.4. Peru
- 12.5.4.1. Market Size and Forecast, By Source
- 12.5.4.2 Market Size and Forecast, By Raw Material
- 12.5.4.3. Market Size and Forecast, By Application
- 12.5.5. Chile
- 12.5.5.1. Market Size and Forecast, By Source
- 12.5.5.2 Market Size and Forecast, By Raw Material
- 12.5.5.3. Market Size and Forecast, By Application
- 12.5.6. Venezuela
- 12.5.6.1. Market Size and Forecast, By Source
- 12.5.6.2 Market Size and Forecast, By Raw Material
- 12.5.6.3. Market Size and Forecast, By Application
- 12.5.7. Rest of Latin America
- 12.5.7.1. Market Size and Forecast, By Source
- 12.5.7.2 Market Size and Forecast, By Raw Material
- 12.5.7.3. Market Size and Forecast, By Application
- 13 Middle East Fuel Ethanol Market Analysis and Forecast (2023-2030)
- 13.1 Introduction
- 13.2 Middle East Fuel Ethanol Market Share Analysis, By Source
- 13.3 Middle East Fuel Ethanol Market Size and Forecast, By Raw Material
- 13.4 Middle East Fuel Ethanol Market Size and Forecast, By Application
- 13.5 Middle East Fuel Ethanol Market Size and Forecast, By Country
- 13.5.1. Saudi Arabia
- 13.5.1.1. Market Size and Forecast, By Source
- 13.5.1.2 Market Size and Forecast, By Raw Material
- 13.5.1.3. Market Size and Forecast, By Application
- 13.5.2 UAE
- 13.5.2.1. Market Size and Forecast, By Source
- 13.5.2.2 Market Size and Forecast, By Raw Material
- 13.5.2.3. Market Size and Forecast, By Application
- 13.5.3 Egypt
- 13.5.3.1. Market Size and Forecast, By Source
- 13.5.3.2 Market Size and Forecast, By Raw Material
- 13.5.3.3. Market Size and Forecast, By Application
- 13.5.4 Kuwait
- 13.5.4.1. Market Size and Forecast, By Source
- 13.5.4.2 Market Size and Forecast, By Raw Material
- 13.5.4.3. Market Size and Forecast, By Application
- 13.5.5 South Africa
- 13.5.5.1 Market Size and Forecast, By Source
- 13.5.5.2 Market Size and Forecast, By Raw Material
- 13.5.5.3 Market Size and Forecast, By Application
- 13.5.6 Rest of Middle East & Africa
- 13.5.6.1 Market Size and Forecast, By Source
- 13.5.6.2 Market Size and Forecast, By Raw Material
- 13.5.6.3 Market Size and Forecast, By Application
- 14 Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15 Company Profiles
- 15.1 DuPont
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2 POET, LLC
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3. CropEnergies AG
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 ADM
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5 Shell PLC.
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 Cargill, Incorporated.
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 Dow
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 BP PLC
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 Petrobras
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
- 15.10 Pannonia Bio Zrt
- 15.10.1 Overview
- 15.10.2 Offerings
- 15.10.3 Key Financials
- 15.10.4 Business Segment & Geographic Overview
- 15.10.5 Key Market Developments
- 15.10.6 Key Strategies
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