Bioethanol Market Research Report - Forecast to 2030

Bioethanol Market Information By Raw Material (Maize, Wheat, Industrial Beet, Sugarcane, and Cereals & Starch), By Application (Transportation, Power Generation, Food & Beverages, Industrial, and Medical), and Region (North America, Europe, Asia-Pacific, and the Rest of the World)‚ÄĒForecast till 2030

ID: MRFR/CnM/5710-CR | January 2019 | Region: Global | 185 Pages         

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Bioethanol Market

Bioethanol Market value is registered as USD 58.44 billion and is anticipated to grow at a significant rate of 7.65% CAGR with the bioethanol market size is USD 85.71 billion during the forecast period (2022-2030).

By Raw Material Maize Wheat Industrial Beet Sugarcane Cereals & Starch
By Application Transportation Power Generation Food & Beverages Industrial Medical
Key Players
Companies Profiled   Cropenergies AG (Germany)   Cristal Union (France)   Archer Daniels Midland Company (U.S.)   Petrobras (Brazil)    Tereos (France)   Alcogroup (Serbia)   DowDuPont (U.S.)   BlueFire Renewables Inc. (U.S.)   Pannonia Bio (Hungary)   BP PLC (U.K.)
Market Driving Forces   Rising Environmental Concerns And The Need To Reduce GHG Emissions    Blending Mandates by Regulatory Bodies
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Global Bioethanol Market Research (MRFR Insights)

The  bioethanol market is projected to register a CAGR of 7.65% from 2022 to 2030. The growing need for sustainable alternative fuels, the depletion of natural resources, excessive greenhouse gas emissions, and growing energy usage are major market growth factors. The  bioethanol market size is expected to reach approximately USD 85.71 billion by 2030. Moreover, technological advancements and increasing R&D to produce ethanol from algae are expected to boost the demand owing to its faster production rate and natural occurrence in the sea, reducing production costs.

COVID-19 Impact Analysis

The COVID-19 pandemic negatively impacted the bioethanol industry. This was partly owing to the decline in car usage during the restriction. In addition, production sites and the distribution network were temporarily closed owing to the strict government regulations implemented to stop the COVID-19 disease from spreading. As a result, bioethanol sales have reduced ly.

Bioethanol Market Dynamics

The good output of governmental regulatory agencies is the main force behind the growth of the worldwide market. The industry is expanding due to rising government initiatives to produce and utilize cleaner fuels like bio-ethanol and rising demand for gasoline blends. Manufacturers are concentrating on creating better, cleaner, and more affordable energy due to the implementation of strict rules. The industry's technological advancements have resulted in the creation of second and third-generation bioethanol, which is anticipated to continue to hold promise on the international market. Moreover, less mileage and shifting the focus to bio-butanol limit the market's growth. The decrease in production and sales of the automotive industry is also influencing  market growth. The factors boosting the  market are growing environmental concerns, encouraging companies to manufacture bioethanol, blending mandates from regulatory bodies, and sufficient raw material availability.

Market Drivers

  • Growing government initiatives to create and utilize cleaner fuels

Government regulatory bodies assisting in production are the key drivers of the  bioethanol industry. The market is developing due to increased government initiatives to produce and use cleaner fuels, including bio-ethanol, and rising demand for blending in gasoline. Due to stricter laws, businesses are working to provide greener, better, and much less expensive energy. Market technology advancements influenced the development of second and third-generation bioethanol, and it is anticipated that this product will continue to hold promise in the  market. Producers are generating bioethanol due to growing environmental concerns, blending regulations from regulatory organizations like the EPA (Environmental Protection Agency), and abundant raw materials available in the world market.

Market Restraints:

  • Increase in the demand for electric vehicle

The market is expected to be constricted in the nourishing term as the usage of electric cars grows. Sales of electric vehicles have risen in recent years, and this trend is predicted to continue over the forecast period. According to the International Energy Agency, the worldwide electric vehicle stock topped ten million units in 2020, a 43% increase from 2019. The  electric car industry is booming. As a result, the demand for fossil and bioethanol fuels would fall. As a result, the bioethanol industry is expected to be suffocated over the forecast period as the usage of electric cars grows.

Market Opportunities:

  • Increasing sales of passenger vehicles

One of the primary factors positively affecting the market is the suburbanization trend and increased sales of passenger automobiles ly due to rising disposable incomes. Furthermore, consumers' rising environmental concerns push the desire for bioethanol as a substitute for fossil fuels. Aside from that, improved road transportation networks are increasing the usage of commercial cars. Because these cars contribute significantly to air pollution and traffic congestion, governments in many countries enact severe rules to reduce pollutant emissions and encourage bioethanol use. Furthermore, bioethanol is used in current engines to minimize carbon monoxide emissions, helping to enhance the overall air quality.

  • Growing usage of bioethanol in multiple industries

Bioethanol is widely utilized as a carrier or solvent in personal care products and cosmetics across the globe since it is skin-friendly and safe for the environment and health. It is also used as a main component in the pharmaceutical business to make medications, cough syrups, medical capsules, and disinfectants. Furthermore, it is gaining popularity as a flavor enhancer in the food & beverage (F&B) business.

Bioethanol Market Segmentation

Raw Material Insights

The  bioethanol market segmentation, based on raw material, is maize, wheat, industrial beet, sugarcane, cereals & starch. The  bioethanol market growth was prominently high under the maize category in 2021 due to its large-scale production and easy obtainability. Most of the bioethanol generated in the US is derived from starch-based maize and processed in a dry or wet mill. However, sugarcane is to be the fastest-growing category due to the growing usage of sugarcane to produce bioethanol.

Application Insights

The  bioethanol market segmentation, based on application, is transportation, power generation, food & beverages, industrial, and medical. In 2021, transportation accounted for the largest market share of the  market due to the increasing use of bioethanol as a transportation fuel and mixing mandates imposed by several regulatory bodies, including the Renewable Fuel Standard (EPA RFS) and the Renewable Energy Directive (EU RED). However, power generation is to register the highest growth rate due to the increasing usage of bioethanol within the power generation industry.

Global Bioethanol Market Share, by Region, 2021 (%)
Bioethanol Market Share, by Region, 2021
Bioethanol Market Overview, by Region

By region, the  bioethanol market has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America accounted for the most extensive market share. Europe will exhibit the highest CAGR during the forecast period.

North America

North America dominated the market share in 2021 owing to growing approvals and government backing for creating eco-friendly and sustainable fuels. Nations have mandated the use of higher mixes in cars in this region. Due to greater renewable fuel standard requirements and rising domestic motor gasoline consumption, which is currently mixed with 10% ethanol by volume, bio-ethanol output has increased. The vast amount of maize grown in North America has made the region's bioethanol industry attractive and fruitful. According to figures released by the US Department of Energy, the US will generate more than 13.9 billion gallons of ethanol in 2020, making it the largest producer in the world. Furthermore, bioethanol blends in automobiles are required in the USA and Canada. Aside from favorable biofuel regulations, the industry is being spurred forward by significant growth in corn-based production of bioethanol, increased crop yields, and a growing emphasis on energy efficiency.


Due to the abundance of raw resources and increased demand from the automobile sector, Europe had the second-largest market share in the world in 2021. Over the period, it is anticipated that improvements in environmental legislation in the region will favor the use of bioethanol in end-use sectors.

Bioethanol Market Competitive Landscape

The market includes tier-1, tier-2, and local players. The tier-1 and tier-2 players have  reach with diverse product portfolios. Companies such as ABB Ltd. (Switzerland), Fanuc Corp. (Japan), Kuka AG (Germany, Yaskawa Electric Corp. (Japan) Inc. (US), and Bluem (US) dominate the  market due to product differentiation, financial stability, strategic developments, and diversified regional presence. The players are concentrating on supporting research and development. Furthermore, they embrace strategic growth initiatives, such as product introduction, development, joint ventures, and partnerships, to strengthen their market position and capture an extensive customer base. For instance, in May 2022, the fifth iteration of the Cellulose-to-Sugar ("CTS") device is on track, according to a statement from Blue Biofuels Inc. Testing and additional engineering toward higher quantities have begun. In addition, Blue Biofuels has established a plan for the future and hired K.R. Komarek Inc. to construct the CTS machine's successors from commercialization onward.

Prominent players in the  bioethanol market research include Fetch Robotics (US), BlueBotics SA (Switzerland), SSI Schafer (Germany), and Daifuku C0. Ltd (Japan), Dematic Corp. (US), Vanderlande Industries Inc. (US), and Intelligent Robots Ltd (London), among others.

Scope of the  Bioethanol Market Report

Raw Material Outlook

  • Maize

  • Wheat

  • Industrial Beet

  • Sugarcane

  • Cereals & Starch

Application Outlook

  • Transportation

  • Power Generation

  • Food & Beverages

  • Industrial

  • Medical

Region Outlook

  • North America

    • US

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Rest of Europe

  • Asia-Pacific

    • China

    • India

    • Japan

    • Australia and New Zealand

    • Rest of Asia-Pacific

  • Rest of the World

    • South America

    • Middle East

    • Africa

Objectives of the Study

The objectives of the study are summarized in 5 stages. They are as mentioned below:

Bioethanol Market Forecast & Size:

To identify and estimate the market size for the  bioethanol market report segmented by raw material and type by value (in US dollars). Also, to understand the consumption/ demand created by consumers in the  bioethanol market forecast between 2022 and 2030

Market Landscape and Trends:

To identify and infer the drivers, opportunities, restraints, and challenges in the  bioethanol market growth

Market Influencing Factors:

To find out the factors which are impacting the  bioethanol market size among consumers

Impact of COVID-19:

To identify and understand the several factors involved in the market affected by the pandemic

Company Profiling:

To provide a detailed insight into the key companies operating in the market. The profiling will include the company's financial health in the past 2-3 years with segmental and regional revenue breakup, product offering, SWOT analysis, recent developments, and key strategies.

Intended Audience

  • Bioethanol Producers

  • Raw Material Suppliers

  • Retailers, Wholesalers, and Distributors

  • Governments, Associations, and Industrial Bodies

  • End-Use Industries

Report Scope:

Report Attribute/Metric Details
  Market Size   2030: USD 85.71 billion
  CAGR   7.65% CAGR (2022-2030)
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2019¬†&¬†2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Raw Material and Type
  Geographies Covered   North America, Europe, Asia-Pacific, and the Rest of the World (RoW)
  Key Vendors   Fetch Robotics (US), BlueBotics SA (Switzerland), SSI Schafer (Germany), Daifuku C0. Ltd (Japan), Dematic Corp. (US)
  Key Market Opportunities   Increasing sales of passenger vehicles
  Key Market Drivers   Growing government initiatives to create and utilize cleaner fuels

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Frequently Asked Questions (FAQ) :

The global bioethanol market would record a CAGR of 7.65% during the forecast period encompassing 2021 to 2028.

The  bioethanol market forecast period is 2022 - 2030

The market is expected to register a CAGR of ~7.65% over the next 10 years, according to  bioethanol market research.

Europe is expected to register the highest CAGR during 2022 - 2030

North America held the largest share in 2021

The market size is expected to be USD 85.71 billion by 2030.

Fetch Robotics (US), BlueBotics SA (Switzerland), SSI Schafer (Germany), Daifuku C0. Ltd (Japan) and Dematic Corp. (US) are the major companies operating in the market.