Cellulosic Based Ethanol Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Chemicals and Materials | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC577

Introduction

Cellulosic based ethanol is derived by fermentation of sugars derived from corn, wheat, sugar sugarcane, beets, molasses or starch from which alcoholic beverages can be produced from. Cellulosic based ethanol and other alcohol fuels can be used as direct substitute for gasoline or in the form of blend additives. The advantages of alcohol fuels include increased energy diversification on the transportation sector and air pollution benefits from reduced emissions. Technological advances, including more efficient production and processing of sugarcane or other feedstock, are responsible for the availability and low price of bioethanol.

Market Dynamics

The market growth for cellulosic based ethanol is supported by its characteristics of being an eco-friendly fuel for the transportation sector. Moreover, cellulosic based ethanol is the ultimate long-term solution for energy supply security. In addition, the cellulosic based ethanol offers several advantages over first-generation biofuels. Also, the rise in environmental concerns and the need to lower GHG emissions also boosts the growth of cellulosic based ethanol market. However, high investment and variable production costs is the major restraining factor for cellulosic based ethanol market. Moreover, the ongoing debate over food vs fuel also hampers the market for cellulosic based ethanol. Nevertheless, government funding and investments in R&D by private companies offers huge growth opportunity for cellulosic based ethanol market. Volatile price change in crude oil is also a growth opportunity for cellulosic based ethanol manufacturers.

Market Classification and Overview

The global cellulosic based ethanol market is bifurcated based on raw material, application and geography. Based on raw material, the market is classified as grains, sugarcane, industrial beets, and others. Grains segment was estimated to hold the major share in the global market, because crops such as vegetable oils or corn have a 10–90% GHG release reduction on a well-to-wheels or crop-to-car basis compared to gas and diesel. Transportation, power generation, medical, and others are the various applications of cellulosic based ethanol. Power generation segment is projected to witness highest growth rate during the forecast period. It is estimated approximately 40% of all GHG emissions come from the power generation. In addition, power generation from coal, emits considerable amount of sulfur dioxide, which leads to acid rain. To reduce these harmful emissions, cellulosic based ethanol is significantly getting popular as an alternative source.

Regional Overview

The market for cellulosic based ethanol is segmented into regions such as North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa (MEA). North America was the major contributors to the growth of cellulosic based ethanol market in 2016. U.S. is one of the largest consumers and producers of cellulosic based ethanol, accounting for the maximum percentage of ethanol produced in the world. Latin America was the second biggest market followed by North America. Brazil is the second largest biofuel producing nation after U.S.; however, the percentage of second-generation biofuels is quite low as compared to first-generation biofuels. The market for cellulosic based ethanol in Asia-Pacific is projected to witness highest growth in coming years owing to investment in R&D of advanced biofuels. Australia, India, and China are investing more actively for the development of advanced biofuels. Other factors that are expected to drive the market during the forecast period are feedstock availability and rapid increase in number of production facilities in Asia-Pacific.

Report Coverage

Market

Cellulosic Based Ethanol Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Raw Material, Application, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis

 

Market Participants

E. I. du Pont de Nemours and Company, POET LLC., Valero Renewable Fuels Company LLC., BP plc., CropEnergies AG, Archer Daniels Midland Company, Abengoa Bioenergy, BlueFire Ethanol Fuels Inc., Petrobras, and Royal Dutch Shell plc are the key players in the cellulosic based ethanol market. These players involved have adopted the strategies including expansion and mergers and acquisitions with local as well as established players.

Market Segmentation

Market By Raw Material

·         Grains

·         Sugarcane

·         Industrial Beets

·         Others

Market By Application

·         Transportation

·         Power Generation

·         Medical

·         Others

Market By Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

 

 

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA


Related Reports

Oil Spill Dispersants Market (By Application: Onshore, Offshore) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction Oil spill is a general term used for contamination of sea, soil or land by oil or release by accident or mistake. Oil sources are spread throughout the world and are drilled both onshore and offshore. Since oil is a key source of energy, it is important that oil be consistently distributed and shipped. Oil is mainly transported by sea vessels and land pipelines. The ve

Nylon 6 & 66 Market (By Product: Nylon 66, Nylon 6; By Application: Automobile, Engineering Plastics, Electronics & Electrical, Textile, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction Nylon is a lightweight, tough synthetic polymer that is capable of producing as a molded, filamented and sheet object, and has a chemical structure. It is a thermoplastic, silky material that after melting process can be converted into films, fibers and forms. Two synthetic polymers are nylons 6 and 66 known to be polyamides used in the automotive, plastic and textile

Vanadium Market (By Application: Iron & Steel, Energy Storage, Chemical, Titanium Alloys) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

In 2017, the global Vanadium market was approximately 86.47 Kilotons and is expected to grow at the CAGR of 6.6% during the forecasted period 2019-2026. Vanadium is a chemical element discovered by Andrés Manuel del Río and atomic number 23. Owing to its various properties such as ductile and malleable transition metal it has found a wide array of application in vario

Organic Personal Care Market (By Application: Cosmetics, Skin, Oral, Hair Care, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Personal care are the products used for daily tasks for bathing, showering, dressing and toileting, applying creams and lotions, all in the comfort of the home. During last few years, there is a significant increase in the demand for the organic products which has ultimately boosted the market for the organic personal care. Wide arrays of organic products are available in the market which includes hair care, skin care, oral care, cosm

Emulsion Polymers Market (By Type: Acrylics, Vinyl Acetate Polymers, SB Latex; By Application: Paints & Coatings, Adhesives & Sealants, Paper & Paperboard) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Emulsion polymers are obtained through combination of monomer, surfactants, and water. Oil and water based are most commonly used emulsion polymers. Emulsion polymers are majorly used for paints & coatings, automotive applications as they exhibit low VOC. Regulations such as REACH and clean air act are the major factors driving the emulsion polymer market. The market research study on &

Automotive Wrap Films Market (By Film Type: Window Films, Wrap Films, Paint Protection Film; By Vehicle Type: Heavy Duty Vehicle, Medium Duty Vehicle, Light Duty Vehicle; By Application: Advertisement Purpose, Special Purpose) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Automotive wrap films are vinyl based graphic used on the paint of the vehicle for the purpose of enhancing the vehicle’s appearance. Automotive wrap films are also used to protect vehicle’s original paint from environmental hazards such as corrosion and dust. Average shelf life of an automotive wrap film is reported to be approximately five years, thereby making it cost effective. As they are affordable, hence they are al

Cart Summary