Global Fuel Ethanol Market, Size, Trends, By Source (Synthetic, Natural), By Raw Material (Maize, Wheat, Industrial Beets, Sugarcane, Cereals & Starch, Others), By Application (Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle) and By Region (North America, Latin America, Europe, Asia Pacific, Central America and Africa): Global Opportunity Analysis and Industry forecast, 2023-2030.
Global Fuel Ethanol Market
With a CAGR of 5.67 % from 2023 to 2030, the Global Fuel Ethanol Market is expected to grow from its estimated value of US$ 106 Bn in 2022 to US$ 179 Bn by 2030.
The chemical used to make ethanol fuel, ethyl alcohol, is the same type of alcohol that may be found in alcoholic beverages. It is mainly added to petrol as a biofuel addition when used as a motor fuel. Typically, biomass such as sugarcane or maize is used to make it. A practical alternative fuel that can be utilised in full or combined with petrol is ethanol.
Market Drivers
The usage of fuel in the vehicle industry is one of the major driving forces behind the market's rise. The automotive sector has grown quickly in recent years, but it has also had a lot of trouble cutting air pollution. In order to combat the rising air pollution brought on by automobiles, ethanol is combined with petrol in amounts of up to 10% to 15%. Increased fuel economy, improved thermal efficiency, and help with cold starts in the winter are just a few of the many benefits of using petrol ethanol.
Brazil and the United States are the world leaders in the use of ethanol as a biofuel.
It is anticipated that increasing gasoline ethanol use in commercial vehicles will accelerate market expansion. Fuel ethanol is widely used in the automobile and transportation industries. In conventional cars, fuel with low ethanol blends like E15 and E10 can be utilised. While E15 has 10.5% to 15% ethanol. 90% petrol and 10% ethanol make up E10. Additionally, during the anticipated time, conventional car fuel economy standards are anticipated to rise in nations including India, China, the United States, and Brazil.
Market Restraints
Steel, aluminium, nickel, chromium, and other metals are the key components of fuel ethanol. Variations in the price of these ingredients may therefore cause gasoline ethanol prices to soar, which may impede the market's expansion. During the projected period, the market's expansion may be constrained by the fluctuating costs of the raw materials used to make fuel ethanol.
Market Segmentation
The scope of the Global Fuel Ethanol Market covers segmentation based on By Source, By Raw Material, By Application and By Region.
By Source, the market is segmented into Synthetic, Natural. By Raw Material, the market is segmented into Maize, Wheat, Industrial Beets, Sugarcane, Cereals & Starch, Others. By Application, the market is segmented into Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle.
Regional Analysis
The Global Fuel Ethanol Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Because it has a strong automotive industry, North America dominates the fuel ethanol market in terms of market share and revenue. Additionally, severe laws governing particle emissions and an increase in the use of ethanol as a vehicle fuel are projected to spur market expansion in this area.
Due to the rising adoption and usage of fuel ethanol in the automobile industry, Asia-Pacific is anticipated to experience the quickest growth throughout the projection period. Additionally, rising greenhouse gas emissions globally and expanding government backing for the use of ethanol as a fuel are anticipated to drive market expansion in this region.
Key Players
DuPont, POET, LLC, CropEnergies AG, ADM, Shell PLC., Cargill, Incorporated., Dow, BP PLC, Petrobras, Pannonia Bio Zrt.
Market Taxonomy
By Source
• Synthetic
• Natural
By Raw Material
• Maize
• Wheat
• Industrial Beets
• Sugarcane
• Cereals & Starch
• Others
By Application
• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Global Fuel Ethanol Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Fuel Ethanol Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn.
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Fuel Ethanol Market, By Source
5.1 Y-o-Y Growth Comparison, By Source
5.2 Global Fuel Ethanol Market Share Analysis, By Source
5.3 Global Fuel Ethanol Market Size and Forecast, By Source
5.3.1 Synthetic
5.3.2 Natural
6 Global Fuel Ethanol Market, By Raw Material
6.1 Y-o-Y Growth Comparison, By Raw Material
6.2 Global Fuel Ethanol Market Share Analysis, By Raw Material
6.3 Global Fuel Ethanol Market Size and Forecast, By Raw Material
6.3.1 Maize
6.3.2 Wheat
6.3.3 Industrial Beets
6.3.4 Sugarcane
6.3.5 Cereals & Starch
6.3.6 Others
7 Global Fuel Ethanol Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Fuel Ethanol Market Share Analysis, By Application
7.3 Global Fuel Ethanol Market Size and Forecast, By Application
7.3.1 Passenger Car
7.2.2 Light Commercial Vehicle
7.2.3 Heavy Commercial Vehicle
8 Global Fuel Ethanol Market, By Region
8.1 Global Fuel Ethanol Market Share Analysis, By Region
8.2 Global Fuel Ethanol Market Size and Forecast, By Region
8.3 Global Fuel Ethanol Market Trends and Forecast, By Region
9 North America Fuel Ethanol Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Fuel Ethanol Market Share Analysis, By Source
9.3 North America Fuel Ethanol Market Size and Forecast, By Raw Material
9.4 North America Fuel Ethanol Market Size and Forecast, By Application
9.5 North America Fuel Ethanol Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1. Market Size and Forecast, By Source
9.5.1.2 Market Size and Forecast, By Raw Material
9.5.1.3. Market Size and Forecast, By Application
9.5.2 Canada
9.5.2.1. Market Size and Forecast, By Source
9.5.2.2 Market Size and Forecast, By Raw Material
9.5.2.3. Market Size and Forecast, By Application
9.5.3 Mexico
9.5.3.1. Market Size and Forecast, By Source
9.5.3.2 Market Size and Forecast, By Raw Material
9.5.3.3. Market Size and Forecast, By Application
10 Europe Fuel Ethanol Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Fuel Ethanol Market Share Analysis, By Source
10.3 Europe Fuel Ethanol Market Size and Forecast, By Raw Material
10.4 Europe Fuel Ethanol Market Size and Forecast, By Application
10.5 Europe Fuel Ethanol Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1. Market Size and Forecast, By Source
10.5.1.2 Market Size and Forecast, By Raw Material
10.5.1.3. Market Size and Forecast, By Application
10.5.2 France
10.5.2.1. Market Size and Forecast, By Source
10.5.2.2 Market Size and Forecast, By Raw Material
10.5.2.3. Market Size and Forecast, By Application
10.5.3 UK
10.5.3.1. Market Size and Forecast, By Source
10.5.3.2 Market Size and Forecast, By Raw Material
10.5.3.3. Market Size and Forecast, By Application
10.5.4. Russia
10.5.4.1. Market Size and Forecast, By Source
10.5.4.2 Market Size and Forecast, By Raw Material
10.5.4.3. Market Size and Forecast, By Application
10.5.5. Italy
10.5.5.1. Market Size and Forecast, By Source
10.5.5.2 Market Size and Forecast, By Raw Material
10.5.5.3. Market Size and Forecast, By Application
10.5.6. Spain
10.5.6.1. Market Size and Forecast, By Source
10.5.6.2 Market Size and Forecast, By Raw Material
10.5.6.3. Market Size and Forecast, By Application
10.5.7. Rest of Europe
10.5.7.1. Market Size and Forecast, By Source
10.5.7.2 Market Size and Forecast, By Raw Material
10.5.7.3. Market Size and Forecast, By Application
11 Asia Pacific Fuel Ethanol Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Fuel Ethanol Market Share Analysis, By Source
11.3 Asia Pacific Fuel Ethanol Market Size and Forecast, By Raw Material
11.4 Asia Pacific Fuel Ethanol Market Size and Forecast, By Application
11.5 Asia Pacific Fuel Ethanol Market Size and Forecast, By Country
11.5.1 China
11.5.1.1. Market Size and Forecast, By Source
11.5.1.2 Market Size and Forecast, By Raw Material
11.5.1.3. Market Size and Forecast, By Application
11.5.2 Japan
11.5.2.1. Market Size and Forecast, By Source
11.5.2.2 Market Size and Forecast, By Raw Material
11.5.2.3. Market Size and Forecast, By Application
11.5.3 India
11.5.3.1. Market Size and Forecast, By Source
11.5.3.2 Market Size and Forecast, By Raw Material
11.5.3.3. Market Size and Forecast, By Application
11.5.4. South Korea
11.5.4.1. Market Size and Forecast, By Source
11.5.4.2 Market Size and Forecast, By Raw Material
11.5.4.3. Market Size and Forecast, By Application
11.5.5. Australia
11.5.5.1. Market Size and Forecast, By Source
11.5.5.2 Market Size and Forecast, By Raw Material
11.5.5.3. Market Size and Forecast, By Application
11.5.6. New Zealand
11.5.6.1. Market Size and Forecast, By Source
11.5.6.2 Market Size and Forecast, By Raw Material
11.5.6.3. Market Size and Forecast, By Application
11.5.7. Singapore
11.5.7.1. Market Size and Forecast, By Source
11.5.7.2 Market Size and Forecast, By Raw Material
11.5.7.3. Market Size and Forecast, By Application
11.5.8. Malaysia
11.5.8.1. Market Size and Forecast, By Source
11.5.8.2 Market Size and Forecast, By Raw Material
11.5.8.3. Market Size and Forecast, By Application
11.5.9. Rest of Asia
11.5.9.1. Market Size and Forecast, By Source
11.5.9.2 Market Size and Forecast, By Raw Material
11.5.9.3. Market Size and Forecast, By Application
12 Latin America Fuel Ethanol Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Fuel Ethanol Market Share Analysis, By Source
12.3 Latin America Fuel Ethanol Market Size and Forecast, By Raw Material
12.4 Latin America Fuel Ethanol Market Size and Forecast, By Application
12.5 Latin America Fuel Ethanol Market Size and Forecast, By Country
12.5.1 Brazil
12.5.1.1. Market Size and Forecast, By Source
12.5.1.2 Market Size and Forecast, By Raw Material
12.5.1.3. Market Size and Forecast, By Application
12.5.2 Argentina
12.5.2.1. Market Size and Forecast, By Source
12.5.2.2 Market Size and Forecast, By Raw Material
12.5.2.3. Market Size and Forecast, By Application
12.5.3. Colombia
12.5.3.1. Market Size and Forecast, By Source
12.5.3.2 Market Size and Forecast, By Raw Material
12.5.3.3. Market Size and Forecast, By Application
12.5.4. Peru
12.5.4.1. Market Size and Forecast, By Source
12.5.4.2 Market Size and Forecast, By Raw Material
12.5.4.3. Market Size and Forecast, By Application
12.5.5. Chile
12.5.5.1. Market Size and Forecast, By Source
12.5.5.2 Market Size and Forecast, By Raw Material
12.5.5.3. Market Size and Forecast, By Application
12.5.6. Venezuela
12.5.6.1. Market Size and Forecast, By Source
12.5.6.2 Market Size and Forecast, By Raw Material
12.5.6.3. Market Size and Forecast, By Application
12.5.7. rest of Latin America
12.5.7.1. Market Size and Forecast, By Source
12.5.7.2 Market Size and Forecast, By Raw Material
12.5.7.3. Market Size and Forecast, By Application
13 Middle East Fuel Ethanol Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Fuel Ethanol Market Share Analysis, By Source
13.3 Middle East Fuel Ethanol Market Size and Forecast, By Raw Material
13.4 Middle East Fuel Ethanol Market Size and Forecast, By Application
13.5 Middle East Fuel Ethanol Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.1.1. Market Size and Forecast, By Source
13.5.1.2 Market Size and Forecast, By Raw Material
13.5.1.3. Market Size and Forecast, By Application
13.5.2 UAE
13.5.2.1. Market Size and Forecast, By Source
13.5.2.2 Market Size and Forecast, By Raw Material
13.5.2.3. Market Size and Forecast, By Application
13.5.3 Egypt
13.5.3.1. Market Size and Forecast, By Source
13.5.3.2 Market Size and Forecast, By Raw Material
13.5.3.3. Market Size and Forecast, By Application
13.5.4 Kuwait
13.5.4.1. Market Size and Forecast, By Source
13.5.4.2 Market Size and Forecast, By Raw Material
13.5.4.3. Market Size and Forecast, By Application
13.5.5 South Africa
13.5.5.1 Market Size and Forecast, By Source
13.5.5.2 Market Size and Forecast, By Raw Material
13.5.5.3 Market Size and Forecast, By Application
13.5.5 Rest of Middle East & Africa
13.5.6.1 Market Size and Forecast, By Source
13.5.6.2 Market Size and Forecast, By Raw Material
13.5.6.3 Market Size and Forecast, By Application
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 DuPont
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 POET, LLC
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. CropEnergies AG
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 ADM
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Shell PLC.
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Cargill, Incorporated.
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Dow
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 BP PLC
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Petrobras
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Pannonia Bio Zrt
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
