India Ethanol & Feedstocks Market - Trend Analysis & Forecast
Description
India Ethanol & Feedstocks Market Overview:
India’s ethanol & feedstocks market reached demand of ** tonnes in 2022 and is projected to grow at a **CAGR of **% (2020–2030), supported by the Ethanol Blending Program (EBP) targeting 20% blending by 2030. Installed industrial ethanol capacity stood at 13.80 billion liters (BL) in 2023—8.75 BL from molasses and 5.05 BL from grains—with 200+ refineries concentrated in Maharashtra and Uttar Pradesh. Ethanol spans fuel, beverages, chemicals, and pharma, anchoring India’s energy-security and decarbonization agenda.
Primary Areas/ Elements of Research & Analysis
The report provides comprehensive and valuable insights into the supply and demand dynamics of the India ethanol & feedstocks market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis (export & import), including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends
Market Growth Factors
Blending progress accelerated to 11.6% in Q1 ESY 2023 (about 11.5–12% in 2023), driven by mandates, pricing reforms, and capex in new plants and logistics. Bioenergy’s role in foreign exchange savings of ~₹24,300 crore from ~502 crore liters (2022–23) underscores policy momentum, while the rise of 2G ethanol from agri-residues and supportive public–private partnerships further expands supply.
Market Restraints & Challenges
Volatile feedstock prices (especially sugarcane), rainfall variability, and competition from sugar/food uses strain economics. Storage and transport gaps, seasonal feedstock swings, and fragmented small-scale production inflate costs and delay distribution. Regulatory approvals can be slow, particularly for newer refineries, tempering the pace of expansion.
Market Segmentation
Feedstocks are led by sugarcane/molasses contributing **% of ethanol output, with the balance from grains (e.g., maize) and growing 2G sources from crop residues. Segment coverage spans production & capacity, domestic sales vs. exports, and feedstock types (molasses vs. grains), aligning with India’s push to balance food–fuel needs while scaling clean fuels.
Competitive Landscape
A mixed ecosystem of PSUs, private firms, and cooperatives leads production. Key players include Indian Oil, Bharat Petroleum, Hindustan Petroleum, Bajaj Hindusthan, Praj Industries, Shree Renuka, Balrampur Chini, Triveni Engineering, Dhampur, EID Parry, Godavari Biorefineries, HPCL Biofuels, Uttam Sugar, Sakthi Sugars, Simbhaoli and others, with increasing investments in 2G ethanol and supply-chain buildout.
Outlook
Policy continuity under EBP, technology upgrades, and logistics strengthening position India to meet 20% blending by 2030, reduce crude imports, and cut emissions. Near-term priorities include de-risking feedstock, expanding storage & transport, and scaling 2G capacity to lessen food-based feedstock dependence—supporting steady growth through 2030 and potential regional export opportunities as capacity outpaces domestic needs.
Scope of the Report:
• Historical Years: 2018-2022
• Base Year: 2023
• Forecast Period: 2024-2030
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Segments Covered:
Ethanol (Production & Production Capacity)
By Ethanol Sales (Domestic Consumption and Exports)
By Feedstock Type (Molasses and Grains)
• Companies Profiled: The market players include, Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited, Bharat Petroleum Corporation Limited, Bajaj Hindusthan Sugar Limited, Praj Industries, Shree Renuka Sugars, Balrampur Chini Mills, Triveni Engineering & Industries, Dhampur Sugar Mills, EID Parry India, Godavari Biorefineries, HPCL Biofuels, Uttam Sugar Mills, Sakthi Sugars Limited, Simbhaoli Sugars Limited, and Others.
Please note: It will take 4-5 business days to deliver the report upon receipt the order.
India’s ethanol & feedstocks market reached demand of ** tonnes in 2022 and is projected to grow at a **CAGR of **% (2020–2030), supported by the Ethanol Blending Program (EBP) targeting 20% blending by 2030. Installed industrial ethanol capacity stood at 13.80 billion liters (BL) in 2023—8.75 BL from molasses and 5.05 BL from grains—with 200+ refineries concentrated in Maharashtra and Uttar Pradesh. Ethanol spans fuel, beverages, chemicals, and pharma, anchoring India’s energy-security and decarbonization agenda.
Primary Areas/ Elements of Research & Analysis
The report provides comprehensive and valuable insights into the supply and demand dynamics of the India ethanol & feedstocks market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis (export & import), including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends
Market Growth Factors
Blending progress accelerated to 11.6% in Q1 ESY 2023 (about 11.5–12% in 2023), driven by mandates, pricing reforms, and capex in new plants and logistics. Bioenergy’s role in foreign exchange savings of ~₹24,300 crore from ~502 crore liters (2022–23) underscores policy momentum, while the rise of 2G ethanol from agri-residues and supportive public–private partnerships further expands supply.
Market Restraints & Challenges
Volatile feedstock prices (especially sugarcane), rainfall variability, and competition from sugar/food uses strain economics. Storage and transport gaps, seasonal feedstock swings, and fragmented small-scale production inflate costs and delay distribution. Regulatory approvals can be slow, particularly for newer refineries, tempering the pace of expansion.
Market Segmentation
Feedstocks are led by sugarcane/molasses contributing **% of ethanol output, with the balance from grains (e.g., maize) and growing 2G sources from crop residues. Segment coverage spans production & capacity, domestic sales vs. exports, and feedstock types (molasses vs. grains), aligning with India’s push to balance food–fuel needs while scaling clean fuels.
Competitive Landscape
A mixed ecosystem of PSUs, private firms, and cooperatives leads production. Key players include Indian Oil, Bharat Petroleum, Hindustan Petroleum, Bajaj Hindusthan, Praj Industries, Shree Renuka, Balrampur Chini, Triveni Engineering, Dhampur, EID Parry, Godavari Biorefineries, HPCL Biofuels, Uttam Sugar, Sakthi Sugars, Simbhaoli and others, with increasing investments in 2G ethanol and supply-chain buildout.
Outlook
Policy continuity under EBP, technology upgrades, and logistics strengthening position India to meet 20% blending by 2030, reduce crude imports, and cut emissions. Near-term priorities include de-risking feedstock, expanding storage & transport, and scaling 2G capacity to lessen food-based feedstock dependence—supporting steady growth through 2030 and potential regional export opportunities as capacity outpaces domestic needs.
Scope of the Report:
• Historical Years: 2018-2022
• Base Year: 2023
• Forecast Period: 2024-2030
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Segments Covered:
Ethanol (Production & Production Capacity)
By Ethanol Sales (Domestic Consumption and Exports)
By Feedstock Type (Molasses and Grains)
• Companies Profiled: The market players include, Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited, Bharat Petroleum Corporation Limited, Bajaj Hindusthan Sugar Limited, Praj Industries, Shree Renuka Sugars, Balrampur Chini Mills, Triveni Engineering & Industries, Dhampur Sugar Mills, EID Parry India, Godavari Biorefineries, HPCL Biofuels, Uttam Sugar Mills, Sakthi Sugars Limited, Simbhaoli Sugars Limited, and Others.
Please note: It will take 4-5 business days to deliver the report upon receipt the order.
Table of Contents
142 Pages
- 1. Executive Summary
- 2. Introduction
- 2.1. Objectives & Scope of the Study
- 2.2. Definitions & Economic Importance
- 2.3. Research Methodology
- 2.4. Factors and Decision Matrix Analysis
- 2.5. Limitations & Challenges
- 3. Product/ Market Overview
- 3.1. Evolution/ Origin
- 3.2. Country Energy Demand
- 3.3. Regulatory Analysis
- 4. India: Country Profile
- 5. India Ethanol & Ethanol Feedstock Market Growth Factors Analysis
- 5.1. Drivers and Restraints Analysis
- 5.2. Challenges and Opportunities Analysis
- 5.3. India Ethanol & Ethanol Feedstock Industry SWOT Analysis
- 5.4. India Ethanol & Ethanol Feedstock Market PESTEL Analysis
- 5.5. India Ethanol & Ethanol Feedstock Market Porter's Five Forces analysis
- 5.6. Ethanol & Ethanol Feedstock Supply Chain Analysis
- 6. India Ethanol Market: Supply-Demand Analysis
- 6.1. India Ethanol Production Trend Analysis
- 6.2. India Ethanol Production Capacity Analysis
- 6.3. India Ethanol Demand Trend Analysis
- 7. India Ethanol Feedstock Market: Segmentation Analysis
- 7.1. Ethanol
- 7.1.1. Production
- 7.1.2. Production Capacity
- 7.2. By Feedstock Type
- 7.2.1. Molasses
- 7.2.2. Grains
- 7.3. By Ethanol Sale
- 7.3.1. Domestic Consumption
- 7.3.2. Exports/Imports
- 8. India Ethanol & Ethanol Feedstock Market: Trade (Export & Import) Analysis
- 8.1. Ethanol Export/ Import Trend Analysis
- 8.2. Top 10 Export Destinations/ Import Origins of India Ethanol & Ethanol Feedstock
- 9. India Ethanol & Ethanol Feedstock Market: Price Trend Analysis
- 9.1. Domestic Price Trend
- 9.2. Export Price Trend
- 9.3. Price Seasonality & Price Pattern Analysis
- 9.4. Price Events Analysis
- 10. Competitive Analysis
- 10.1. India Ethanol & Ethanol Feedstock Market Mapping
- 10.2. Company Profiles
- 10.2.1. Indian Oil Corporation Limited
- 10.2.2. Hindustan Petroleum Corporation Limited
- 10.2.3. Bharat Petroleum Corporation Limited
- 10.2.4. Bajaj Hindusthan Sugar Limited
- 10.2.5. Praj Industries
- 10.2.6. Shree Renuka Sugars
- 10.2.7. Balrampur Chini Mills
- 10.2.8. Triveni Engineering & Industries
- 10.2.9. Dhampur Sugar Mills
- 10.2.10. EID Parry India
- 10.2.11. Godavari Biorefineries
- 10.2.12. HPCL Biofuels
- 10.2.13. Uttam Sugar Mills
- 10.2.14. Sakthi Sugars Limited
- 10.2.15. Simbhaoli Sugars Limited
- 11. Conclusion
- 12. Appendix
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