Ethanol

Ethanol

Global Ethanol Market to Reach $114.2 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Ethanol estimated at US$78.4 Billion in the year 2020, is projected to reach a revised size of US$114.2 Billion by 2027, growing at a CAGR of 5.5% over the analysis period 2020-2027. Coarse-Grain based, one of the segments analyzed in the report, is projected to record a 5.8% CAGR and reach US$65.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Sugar-Based segment is readjusted to a revised 5.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $35.2 Billion, While China is Forecast to Grow at 8.1% CAGR

The Ethanol market in the U.S. is estimated at US$35.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.8 Billion by the year 2027 trailing a CAGR of 8.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$7.5 Billion by the year 2027.

Other Feedstock Types Segment to Record 4% CAGR

In the global Other Feedstock Types segment, USA, Canada, Japan, China and Europe will drive the 4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$6.7 Billion in the year 2020 will reach a projected size of US$8.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 6.6% CAGR through the analysis period.

Select Competitors (Total 100 Featured) -

• Archer Daniels Midland Company
• BP plc
• Cargill, Inc.
• Flint Hills Resources, LLC
• Green Plains, Inc.
• INEOS
• LyondellBasell Industries N.V.
• Mitsubishi Chemical Corporation
• Pacific Ethanol, Inc.
• POET LLC
• Raízen S. A.
• The Andersons, Inc.
• Valero Energy Corporation
• VERBIO AG
• Wilmar International Limited

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