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Ethanol - Global Strategic Business Report

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    Report

  • 568 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 354875

Global Ethanol Market to Reach $137.8 Billion by 2030

The global market for Ethanol estimated at US$89.7 Billion in the year 2022, is projected to reach a revised size of US$137.8 Billion by 2030, growing at a CAGR of 5.5% over the analysis period 2022-2030. Coarse-Grain based, one of the segments analyzed in the report, is projected to record 5.8% CAGR and reach US$79.4 Billion by the end of the analysis period. Growth in the Sugar-Based segment is estimated at 5.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $39.8 Billion, While China is Forecast to Grow at 8% CAGR

The Ethanol market in the U.S. is estimated at US$39.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$13.9 Billion by the year 2030 trailing a CAGR of 8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.

Select Competitors (Total 100 Featured) -

  • ACE Ethanol LLC
  • Archer-Daniels-Midland Company
  • AGRANA Beteiligungs-AG
  • Bajaj Hindusthan Sugar Ltd.
  • Cargill, Inc.
  • Cremer Oleo GmbH & Co. KG
  • Poet LLC
  • Praj Industries Ltd.
  • Sasol Ltd.
  • Raizen

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
Frequently Asked Questions about the Ethanol Market

What is the estimated value of the Ethanol Market?

The Ethanol Market was estimated to be valued at $89.7 Billion in 2022.

What is the growth rate of the Ethanol Market?

The growth rate of the Ethanol Market is 5.5%, with an estimated value of $137.8 Billion by 2030.

What is the forecasted size of the Ethanol Market?

The Ethanol Market is estimated to be worth $137.8 Billion by 2030.

Who are the key companies in the Ethanol Market?

Key companies in the Ethanol Market include ACE Ethanol LLC, Archer, Daniels, Midland Company, AGRANA Beteiligungs, AG, Bajaj Hindusthan Sugar Ltd., Cargill, Inc., Cremer Oleo GmbH & Co. KG and Poet LLC.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Ethanol Market: Market Prospects and Outlook
  • North America: The Leading Regional Market for Ethanol
  • Ethanol - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • An Introduction to Ethanol
  • Physical and Chemical Properties of Ethanol
  • Common Grades of Ethanol
  • Sources of Ethanol
  • Corn: A Major Source of Fuel-Ethanol
  • Sugarcane: Another Major Ethanol Source
  • Cellulosic Materials for Ethanol Production
  • Other Sources
  • Applications of Ethanol
  • Ethanol Production Scenario
  • Global Fuel Ethanol Production for 2019
  • Leading Fuel Ethanol Producers Globally in Million Gallons: 2019
  • Global Ethanol Production Breakdown by Country/Region: 2019
2. FOCUS ON SELECT PLAYERS
  • Archer Daniels Midland Company (USA)
  • BP plc (UK)
  • Cargill, Inc. (USA)
  • Flint Hills Resources, LLC (USA)
  • Green Plains, Inc. (USA)
  • INEOS (UK)
  • LyondellBasell Industries N.V. (Netherlands)
  • Mitsubishi Chemical Corporation (Japan)
  • Pacific Ethanol, Inc. (USA)
  • POET LLC (USA)
  • Raízen S. A. (Brazil)
  • The Andersons, Inc. (USA)
  • Valero Energy Corporation (USA)
  • VERBIO AG (Germany)
  • Wilmar International Limited (Singapore)
3. MARKET TRENDS & DRIVERS
  • Rising Demand for Ethanol as Fuel Spurs Market Prospects
  • Increasing Trend towards Ethanol Blending with Gasoline Fuels Market Prospects
  • Growth of Automotive Industry Spells Opportunities for Ethanol Market
  • Global Passenger Car Sales (In Million Units) for the Years 2010 - 2024
  • Increasing Use of Ethanol in Food Processing and Beer Production Spurs Market Growth
  • Global Alcoholic Beverages Consumption (In Billion Liters) for the Years 2018, 2020 & 2022
  • Global Beer Production (In Billion Hectoliters) for the Period 2015-2019
  • Global Wine Production in Million Hectoliters for the Years 2010 to 2018
  • Demand for Ethanol Poised to Grow from Fuel Cells Applications
  • Issues & Challenges Hindering Growth in Fuel Ethanol Market
  • High Production Costs Deter Global Adoption
  • Established Image and Wider Availability of Petroleum-based Fuels
  • Worldwide E&P Capital Spending in $ Billion by Region and Type of Company for the Period 2017-2019
  • Growing Share of Natural Gas in the Energy Mix
  • Rising Importance of Electric Vehicles
  • Global Electric Vehicles Sales in Million Units (2015-2040)
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Ethanol by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Ethanol by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Ethanol by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Coarse-Grain based by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Coarse-Grain based by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 6: World 16-Year Perspective for Coarse-Grain based by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Sugar-based by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Sugar-based by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 9: World 16-Year Perspective for Sugar-based by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Other Feedstock Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Other Feedstock Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 12: World 16-Year Perspective for Other Feedstock Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Fuel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Fuel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 15: World 16-Year Perspective for Fuel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Industrial Solvents by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Industrial Solvents by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 18: World 16-Year Perspective for Industrial Solvents by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Beverages by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Beverages by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 21: World 16-Year Perspective for Beverages by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Cosmetics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 23: World Historic Review for Cosmetics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 24: World 16-Year Perspective for Cosmetics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 26: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 27: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 28: World Ethanol Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Ethanol Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Ethanol Market: Biofuel Industry and Beverages Market Foster Demand
  • Global Biofuel Mandates Present Growth Opportunities to Overcome Weak Domestic Demand
  • Ethanol Production Capacity in the US by State (in Million Gallons per Year)
  • Number of Installed and Under Construction Ethanol Bio-refineries in the US (As of January 2019)
  • Fuel Ethanol Production Capacity in the US (in Billion Gallons Per Year) for the Period 2015-2019
CANADA
JAPAN
  • Ethanol Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Ethanol Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • China Suspends 2020 Ethanol Fuel Content Mandate
  • Fuel Ethanol Production in China (in 000 liters): 2010-2019
  • Fuel Ethanol Consumption in China (in 000 liters): 2010-2019
EUROPE
  • Ethanol Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Renewable Energy Targets Drive Demand for Fuel Ethanol in the EU
  • Ethanol Production Capacity and Production Volume in Million Liters for the Period 2012-2019
  • Leading Fuel Ethanol Producers in the EU by Country (in Million Liters) for 2012, 2015 and 2019
FRANCE
  • Ethanol Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Biofuel Blending Mandate to Improve Ethanol Demand
GERMANY
  • Ethanol Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Ethanol Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Ethanol Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
AUSTRALIA
  • Ethanol Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Ethanol Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
  • Ethanol Market in India: An Overview
  • India Production Capacity of Ethanol (in Million Liters): 2015-2019E
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Ethanol Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
  • Market Overview
  • Latin America Biofuels Consumption (in % Volume) by Biofuel Type for the Year 2019
ARGENTINA
BRAZIL
  • A Major Producer and Consumer of Ethanol
  • Brazilian Biofuels (Fuel Ethanol and Biodiesel) Consumption (in % Volume) for the Year 2019
  • Governmental Programs Stimulate Progressive Expansion in Ethanol Market
  • RenovaBio to Steer Next Wave of Growth
  • US Mandate to Increase Biofuel Utilization Helps Brazilian Ethanol Producers
MEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Ethanol Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
AFRICA
  • Ethanol Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • ACE Ethanol LLC
  • Archer-Daniels-Midland Company
  • AGRANA Beteiligungs-AG
  • Bajaj Hindusthan Sugar Ltd.
  • Cargill, Inc.
  • Cremer Oleo GmbH & Co. KG
  • Poet LLC
  • Praj Industries Ltd.
  • Sasol Ltd.
  • Raizen