India Ethanol Market, By Type (Bioethanol v/s Synthetic Ethanol), By Raw Material (Sugar and Molasses Based, Grain Based, Lignocellulosic Biomass, Algal Biomass), By Purity (Denatured v/s Undenatured), By Application (Fuel & Fuel Additives, Industrial Sol

India Ethanol Market, By Type (Bioethanol v/s Synthetic Ethanol), By Raw Material (Sugar and Molasses Based, Grain Based, Lignocellulosic Biomass, Algal Biomass), By Purity (Denatured v/s Undenatured), By Application (Fuel & Fuel Additives, Industrial Solvents, Disinfectant, Personal Care, Beverages, Others), By Region, By States, Competition, Forecast & Opportunities, 2017-2027F

India ethanol market was valued at USD2805.38 million in 2021 and is anticipated to grow with a CAGR of 12.68% during the forecast period to achieve the market value of USD5638.56 million by 2027. The India ethanol market is anticipated to grow due to the increasing biofuel demand. The country is steadily adopting the use of electric vehicles and biofuels like ethanol, thus driving the growth of the India ethanol market in the upcoming five years. Expanding agriculture sector and utilization of the feedstock for ethanol production is a rising trend in the country. The government is actively investing in the market and promoting the schemes and plans for increasing the production and thus the growth of the India ethanol market in the next five years.

Moreover, government policies like the new ethanol blending program (EBP) which makes it compulsory for oil manufacturing companies (OMCs) to blend 10% ethanol in petrol by the end of 2022 and 20% by 2025, are aiding the growth of India ethanol market in the future five years. Demand for ethanol is also increasing extensively as a solvent for the manufacturing of varnishes and perfumes. Preparation and manufacturing of the essence, flavor, etc., also drive market growth. Furthermore, the demand for ethanol has also increased due to the present pandemic situation. With the surging requirement for maintaining hygiene and cleanliness and avoiding the viral infection of COVID-19, the demand for hand sanitizers and cleaning agents with a high concentration of ethanol has increased, thus aiding the growth of the India ethanol market in the forecast period.

The India ethanol market is segmented by type, raw material, purity, application, regional distribution, and competition landscape. Based on type, the market is differentiated between bioethanol and synthetic ethanol. Bioethanol is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on account of increasing demand for eco-friendly ethanol. The large agricultural sector and its further expansion also adds to the growing shares of the market. Rising concerns and awareness among the population is further responsible for the growth of the India ethanol market in the forecast years.

India Glycols Limited., Balrampur Chini Mills Limited, Shri Renuka Sugars Limited, Triveni Engineering and Industries Limited, Godavari Biorefineries Limited, Dalmia Bharat Sugar and Industries Limited, Bajaj Hindustan Sugars Limited., Simbhaoli Sugars Limited., East India Distilleries Parry Limited, Mawana Sugars Limited are among the major market players in the India platform that lead the market growth of the India Ethanol market.

Years considered for this report:

Historical Years: 2017- 2020

Base Year: 2021

Estimated Year: 2022E

Forecast Period: 2023F – 2027F

Objective of the Study:

• To analyze the historical growth in the market size of India ethanol market from 2017 to FY2021.
• To estimate and forecast the market size of India ethanol market from 2022E to 2027F and growth rate until 2027F.
• To classify and forecast India ethanol market based on type, raw material, purity, application, regional distribution, and competition landscape.
• To identify dominant region or segment in the India ethanol market.
• To identify drivers and challenges for India ethanol market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India ethanol market.
• To identify and analyze the profile of leading players operating in India ethanol market.
• To identify key sustainable strategies adopted by market players in India ethanol market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across India.

TechSci Research calculated the market size of India ethanol market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to ethanol
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India ethanol market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• India Ethanol Market, By Type:
• Sugar & Molasses based
• Grain based
• Lignocellulosic Biomass
• Algal Biomass
• India Ethanol Market, By Purity:
• Denatured
• Undenatured
• India Ethanol Market, By Application:
• Fuel & Fuel Additives
• Industrial Solvents
• Disinfectant
• Personal Care
• Beverages
• Others
• India Ethanol Market, By Region:
• West
• South
• North
• East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India Ethanol market.

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights