
India Ethanol Market - By Source (Sugar & Molasses-based, Grain-based, Second Generation); By Purity (Denatured, Undenatured); By Application (Industrial Solvents, Fuel & Fuel Additives, Beverages, Disinfectant, Personal Care, Others); By Region (North In
Description
India Ethanol Market - By Source (Sugar & Molasses-based, Grain-based, Second Generation); By Purity (Denatured, Undenatured); By Application (Industrial Solvents, Fuel & Fuel Additives, Beverages, Disinfectant, Personal Care, Others); By Region (North India, South India, East India, West India), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
India Ethanol Market Size Booming at Significant CAGR of 9.2% to Reach USD 4.2 Billion by 2029
India ethanol market is flourishing due to growing interest in using ethanol as a biofuel, rapid increase in the consumption of alcoholic beverages, and enhanced ethanol production.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Ethanol Market size at USD 2.27 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects India ethanol market size to grow at an impressive CAGR of 9.16% reaching a value of USD 4.15 billion by 2029. Rising biofuel demand is expected to drive growth in the India ethanol market. The country is gradually adopting ethanol-based fuels and electric vehicles, which will fuel market expansion in India. The expansion of the agricultural sector and the use of feedstock for the production of ethanol is a major trend in the country to boost output and support schemes and plans that will lead to the expansion of the Indian ethanol market. The government is actively investing in the sector during the forecast period.
India Ethanol Market - Overview
Ethanol (C2H5OH) is the intoxicating agent in alcoholic drinks. This colorless and flammable liquid is made through the fermentation and distillation processes. Ethanol is a popular alcoholic beverage that can be found in beer, cider, wine, and spirits. As a result, factors such as changing lifestyles and increasing adoption of Western culture are likely to drive Ethanol demand in the country. Ethanol is also utilized as the primary fuel source or as an addition in engines that run on fossil fuels, such as gasoline. Ethanol-powered or flex-fuel vehicles are designed to run on a blend of ethanol and gasoline. These vehicles have a fuel system capable of adjusting to different fuel mixtures, allowing the driver to use either gasoline or a blend of gasoline and ethanol. The most common blend in flex-fuel vehicles is E10, a mixture of 10% ethanol and 90% gasoline. However, some flex-fuel vehicles can also run on higher blends, such as E85, a mixture of 85% ethanol and 15% gasoline.
India Ethanol Market – By Purity
Based on purity, India ethanol market is divided into Denatured and Undenatured segments. Denatured alcohol is expected to be a faster growing segment in terms of volume, owing to rising demand from the fuel and household chemicals industries. To achieve the desired properties, it can be combined with other chemicals. It is primarily used in cleaning and sanitizing formulations for indoor and outdoor environments. Denatured alcohol is derived primarily from natural sources such as corn starch and grains, making it suitable for household use. Other major growth drivers include increased awareness of indoor hygiene and the harmful effects of synthetic ingredients.
Impact of COVID-19 on India Ethanol Market
Due to lockdown measures implemented to stop the transmission of coronavirus, the COVID-19 outbreak caused an unprecedented drop in fuel demand, which hurt transportation and logistics. Despite the decline in fuel demand, participants in the ethanol market continued to seize opportunities as demand for hand sanitizers topped records for the first time since the pandemic hit the country. Ethanol is a necessary component in the creation of alcohol-based hand sanitizers and has been suggested by the WHO as a potential viral deactivator. Due to the rapid surge in domestic ethanol demand in Q4 FY20, several sugar mills, including the All India Distiller Association (AIDA) and the Indian Sugar Mills Association (ISMA), increased the volume of ethanol they produced.
Competitive Landscape
India ethanol market is fiercely competitive. Prominent players in the market include United Breweries, Aventine Renewable Energy, AB Miller, Archer Daniels Midland Company, Kirin, Pure Energy Inc., and Cargill Corporation. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the India ethanol market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Ethanol Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Ethanol Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
India Ethanol Market Size Booming at Significant CAGR of 9.2% to Reach USD 4.2 Billion by 2029
India ethanol market is flourishing due to growing interest in using ethanol as a biofuel, rapid increase in the consumption of alcoholic beverages, and enhanced ethanol production.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Ethanol Market size at USD 2.27 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects India ethanol market size to grow at an impressive CAGR of 9.16% reaching a value of USD 4.15 billion by 2029. Rising biofuel demand is expected to drive growth in the India ethanol market. The country is gradually adopting ethanol-based fuels and electric vehicles, which will fuel market expansion in India. The expansion of the agricultural sector and the use of feedstock for the production of ethanol is a major trend in the country to boost output and support schemes and plans that will lead to the expansion of the Indian ethanol market. The government is actively investing in the sector during the forecast period.
India Ethanol Market - Overview
Ethanol (C2H5OH) is the intoxicating agent in alcoholic drinks. This colorless and flammable liquid is made through the fermentation and distillation processes. Ethanol is a popular alcoholic beverage that can be found in beer, cider, wine, and spirits. As a result, factors such as changing lifestyles and increasing adoption of Western culture are likely to drive Ethanol demand in the country. Ethanol is also utilized as the primary fuel source or as an addition in engines that run on fossil fuels, such as gasoline. Ethanol-powered or flex-fuel vehicles are designed to run on a blend of ethanol and gasoline. These vehicles have a fuel system capable of adjusting to different fuel mixtures, allowing the driver to use either gasoline or a blend of gasoline and ethanol. The most common blend in flex-fuel vehicles is E10, a mixture of 10% ethanol and 90% gasoline. However, some flex-fuel vehicles can also run on higher blends, such as E85, a mixture of 85% ethanol and 15% gasoline.
India Ethanol Market – By Purity
Based on purity, India ethanol market is divided into Denatured and Undenatured segments. Denatured alcohol is expected to be a faster growing segment in terms of volume, owing to rising demand from the fuel and household chemicals industries. To achieve the desired properties, it can be combined with other chemicals. It is primarily used in cleaning and sanitizing formulations for indoor and outdoor environments. Denatured alcohol is derived primarily from natural sources such as corn starch and grains, making it suitable for household use. Other major growth drivers include increased awareness of indoor hygiene and the harmful effects of synthetic ingredients.
Impact of COVID-19 on India Ethanol Market
Due to lockdown measures implemented to stop the transmission of coronavirus, the COVID-19 outbreak caused an unprecedented drop in fuel demand, which hurt transportation and logistics. Despite the decline in fuel demand, participants in the ethanol market continued to seize opportunities as demand for hand sanitizers topped records for the first time since the pandemic hit the country. Ethanol is a necessary component in the creation of alcohol-based hand sanitizers and has been suggested by the WHO as a potential viral deactivator. Due to the rapid surge in domestic ethanol demand in Q4 FY20, several sugar mills, including the All India Distiller Association (AIDA) and the Indian Sugar Mills Association (ISMA), increased the volume of ethanol they produced.
Competitive Landscape
India ethanol market is fiercely competitive. Prominent players in the market include United Breweries, Aventine Renewable Energy, AB Miller, Archer Daniels Midland Company, Kirin, Pure Energy Inc., and Cargill Corporation. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the India ethanol market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Ethanol Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Ethanol Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
280 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. India Ethanol Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increasing Usage of Ethanol as Biofuel
- 3.2.1.2. Growing Consumption of Alcoholic Beverages
- 3.2.2. Restraints
- 3.2.2.1. Stringent Environmental Regulation
- 3.2.3. Opportunities
- 3.2.3.1. Increasing Production of Ethanol
- 3.2.4. Challenges
- 3.2.4.1. Impact on Supply Chain Due to Covid
- 3.3. Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. India Ethanol Market Overview
- 4.1. Market Size & Forecast, 2019–2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Source
- 4.2.1.1. Sugar & Molasses Based
- 4.2.1.2. Grain Based
- 4.2.1.3. Second Generation
- 4.2.2. By Purity
- 4.2.2.1. Denatured
- 4.2.2.2. Undenatured
- 4.2.3. By Application
- 4.2.3.1. Industrial Solvents
- 4.2.3.2. Fuel & Fuel Additives
- 4.2.3.3. Beverages
- 4.2.3.4. Disinfectant
- 4.2.3.5. Personal Care
- 4.2.3.6. Others
- 4.2.4. By Region
- 4.2.4.1. North India
- 4.2.4.2. South India
- 4.2.4.3. East India
- 4.2.4.4. West India
- 5. North India Ethanol Market
- 5.1. Market Size & Forecast, 2019–2029
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Source
- 5.2.2. By Purity
- 5.2.3. By Application
- 6. South India Ethanol Market
- 6.1. Market Size & Forecast, 2019–2029
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Source
- 6.2.2. By Purity
- 6.2.3. By Application
- 7. East India Ethanol Market
- 7.1. Market Size & Forecast, 2019–2029
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Source
- 7.2.2. By Purity
- 7.2.3. By Application
- 8. West India Ethanol Market
- 8.1. Market Size & Forecast, 2019–2029
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Source
- 8.2.2. By Purity
- 8.2.3. By Application
- 9. Competitive Landscape
- 9.1. List of Key Players and Their Offerings
- 9.2. India Ethanol Market Company Market Share Analysis, 2022
- 9.3. Competitive Benchmarking, By Operating Parameters
- 9.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- 10. Impact of Covid-19 on India Ethanol Market
- 11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 11.1. United Breweries
- 11.2. Aventine Renewable Energy
- 11.3. AB Miller
- 11.4. Archer Daniels Midland Company
- 11.5. Kirin
- 11.6. Pure Energy Inc.
- 11.7. Cargill Corporation
- 11.8. Other Prominent Players
- 12. Key Strategic Recommendations
- 13. Research Methodology
- 13.1. Qualitative Research
- 13.1.1. Primary & Secondary Research
- 13.2. Quantitative Research
- 13.3. Market Breakdown & Data Triangulation
- 13.3.1. Secondary Research
- 13.3.2. Primary Research
- 13.4. Breakdown of Primary Research Respondents, By Region
- 13.5. Assumptions & Limitations
- *Financial information in case of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
- List of Figures
- Figure 1 India Ethanol Market Segmentation
- Figure 2 India Ethanol Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 India Ethanol Market Size, By Value (USD Million), 2019–2029
- Figure 5 India Ethanol Market Share, By Source, By Value, 2019–2029
- Figure 6 India Ethanol Market Share, By Purity, By Value, 2019–2029
- Figure 7 India Ethanol Market Share, By Application, By Value, 2019–2029
- Figure 8 India Ethanol Market Share, By Region, By Value, 2019–2029
- Figure 9 North India Ethanol Market Size, By Value (USD Million), 2019–2029
- Figure 10 North India Ethanol Market Share, By Source, By Value, 2019–2029
- Figure 11 North India Ethanol Market Share, By Purity, By Value, 2019–2029
- Figure 12 North India Ethanol Market Share, By Application, By Value, 2019–2029
- Figure 13 South India Ethanol Market Size, By Value (USD Million), 2019–2029
- Figure 14 South India Ethanol Market Share, By Source, By Value, 2019–2029
- Figure 15 South India Ethanol Market Share, By Purity, By Value, 2019–2029
- Figure 16 South India Ethanol Market Share, By Application , By Value, 2019–2029
- Figure 17 East India Ethanol Market Size, By Value (USD Million), 2019–2029
- Figure 18 East India Ethanol Market Share, By Source, By Value, 2019–2029
- Figure 19 East India Ethanol Market Share, By Purity, By Value, 2019–2029
- Figure 20 East India Ethanol Market Share, By Application , By Value, 2019–2029
- Figure 21 West India Ethanol Market Size, By Value (USD Million), 2019–2029
- Figure 22 West India Ethanol Market Share, By Source, By Value, 2019–2029
- Figure 23 West India Ethanol Market Share, By Purity, By Value, 2019–2029
- Figure 24 West India Ethanol Market Share, By Application, By Value, 2019–2029
- List of Tables
- Table 1 India Ethanol Market Size, By Value (USD Million), 2019–2029
- Table 2 India Ethanol Market Size, By Source, By Value, 2019–2029
- Table 3 India Ethanol Market Size, By Purity, By Value, 2019–2029
- Table 4 India Ethanol Market Size, By Application, By Value, 2019–2029
- Table 5 India Ethanol Market Size, By Region, By Value, 2019–2029
- Table 6 North India Ethanol Market Size, By Value (USD Million), 2019–2029
- Table 7 North India Ethanol Market Size, By Source, By Value, 2019–2029
- Table 8 North India Ethanol Market Size, By Purity, By Value, 2019–2029
- Table 9 North India Ethanol Market Size, By Application, By Value, 2019–2029
- Table 10 South India Ethanol Market Size, By Value (USD Million), 2019–2029
- Table 11 South India Ethanol Market Size, By Source, By Value, 2019–2029
- Table 12 South India Ethanol Market Size, By Purity, By Value, 2019–2029
- Table 13 South India Ethanol Market Size, By Application, By Value, 2019–2029
- Table 14 East India Ethanol Market Size, By Value (USD Million), 2019–2029
- Table 15 East India Ethanol Market Size, By Source, By Value, 2019–2029
- Table 16 East India Ethanol Market Size, By Purity, By Value, 2019–2029
- Table 17 East India Ethanol Market Size, By Application , By Value, 2019–2029
- Table 18 West India Ethanol Market Size, By Value (USD Million), 2019–2029
- Table 19 West India Ethanol Market Size, By Source, By Value, 2019–2029
- Table 20 West India Ethanol Market Size, By Purity, By Value, 2019–2029
- Table 21 West India Ethanol Market Size, By Application, By Value, 2019–2029
- Table 22 United Breweries Company Overview
- Table 23 United Breweries Financial Overview
- Table 24 Aventine Renewable Energy Company Overview
- Table 25 Aventine Renewable Energy Financial Overview
- Table 26 AB Miller Company Overview
- Table 27 AB Miller Financial Overview
- Table 28 Archer Daniels Midland Company - Company Overview
- Table 29 Archer Daniels Midland Company Financial Overview
- Table 30 Kirin Company Overview
- Table 31 Kirin Financial Overview
- Table 32 Pure Energy Inc. Company Overview
- Table 33 Pure Energy Inc. Financial Overview
- Table 34 Cargill Corporation Company Overview
- Table 35 Cargill Corporation Financial Overview
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