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Ethanol Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
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COVID-19
Pandemic disrupted the entire world and affected many industries.
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Request Now !Ethanol Market Analysis 2020-2027:
Ethanol, also known as ethyl alcohol, is an organic alcohol. It is a liquid with an agreeable odor and taste. Ethanol is generally produced by the anaerobic fermentation of sugar-based feedstock, such as sugarcane, wood, wheat, corn or barley, and can also be produced by hydration of ethylene. Ethanol is volatile and flammable in nature. It is widely used in various industries, such as pharmaceutical, food & beverages, chemical, and others, due to high solubility of ethanol in water and other organic solvents.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast unit | Value (USD) |
Segments covered | Grade, Purity, Application, Industry Vertical, and Region |
Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa |
Companies covered | Cargill Inc., Archer Daniels Midland Company, Grain Processing Corporation, Ace Ethanol LLC, Advanced Bio Energy LLC, MGP Ingredients, Flint Hills Resources, Marquis Energy, Green Plains Inc. and Valero |
COVID-19 scenario analysis:
The outbreak of the COVID-19 pandemic has a mixed effect on the global ethanol market.
- Governments of several countries have imposed nationwide lockdowns to contain the spread of the virus. As a result, the demand for fuel decreased drastically, which also steeply reduced the demand for ethanol as a fuel additive.
- On the contrary, to maintain hygiene & cleanliness and to ensure safety measures shared by the World Health Organization, the use of hand sanitizers increased exponentially. This caused massive increase in demand for ethanol in the pharmaceutical sector, thereby driving the growth of the market.
Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis
The major driving factor for the growth of the ethanol market is the product’s extensive use in the automobile industry as a fuel additive. Ethanol additives are being used to substitute leaded fuel as most of the countries have successfully banned the use of leaded gasoline. Gasoline itself has a low octane value and is not suitable to use as fuel, but by adding ethanol, the octane value rises to the standard level. Moreover, ethanol also has a wide range of applications in the pharmaceutical industry as medicinal solvent and antiseptic. It is a primary constituent of most of the hand sanitizer gels. In addition, it is also the main component of any alcohol beverage. The demand for alcoholic beverages increases at a rapid pace with increase in global population, which drives the growth of the ethanol market.
North America holds the largest share of the global ethanol market, owing to the high demand for ethanol as a fuel additive. The Renewable Fuels Association estimates that the U.S. exports about 850 gallon of ethanol to more than 50 countries. The market in the Latin America region is also expected to grow at a significant pace, with Brazil being the major consumer of ethanol as an additive for gasoline.
Key segments covered:
Segments | Sub-segments |
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Key benefits of the report:
- This study presents the analytical depiction of the ethanol market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the ethanol market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the ethanol market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the ethanol market research report:
- Which are the leading market players active in the market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
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- Validates and improves the data quality and strengthens research proceeds
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- Supplies authentic information about market size, share, growth and forecasts
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