Bioethanol Market Research
Bioethanol is an alternative fuel that could replace gasoline, produced by fermenting grains like corn and sugar cane.
As per industry forecast, bioethanol is expected to experience the greatest gains, as continued steady growth in the large North American market is likely to be accompanied by more rapid advances in the Asia/Pacific region and Europe. It is anticipated that the global bioethanol industry will continue to be dominated by the United States and Brazil, the world’s two largest consumers and producers of bioethanol.
Research indicates that in 2008, the size of the bioethanol market was estimated at $41 billion. For the mid- and long-terms, bioethanol production is likely to continue to grow as the use of bioethanol is promoted by many governments. According to research findings, the global bioethanol output in 2020 is expected reach 281.5 billion liters. The compound annual growth rate (CAGR) of bioethanol market size from 2008-2020 will make up 12.8%.
The Bioethanol market research reports incorporate trend analysis, statistics, market size information, industry growth rates, as well as market share of competitors. The comprehensive research also goes on to examine details such as technology & systems and domestic & international markets.
The study is an essential resource for top-level data and analysis covering the bioethanol industry. It includes detailed data on market size and segmentation, comprehensive analysis of the key trends and competitive landscape, and profiles of the leading companies.