Global ethanol market was valued at US$ 48,734.3 million in 2016 and is expected to register a CAGR of 1.00% to reach US$ 53,105.3 million by 2025. The market was pegged at 27,145.9 million gallons in 2016 and is expected to reach 32,165.3 million gallons by the end of the forecast period, expanding at a CAGR of 1.77%, according to a new report published by Coherent Market Insights.
According to the U.S. Department of Energy, use of high-level ethanol blends such as E85 results in lower emissions, thereby boosting the demand for ethanol. The significant rise in number of automobile vehicles on road has resulted in increased pollution levels, which is a concern for governments all over the world. Ethanol can be used as an alternative fuel, which is environment-friendly as well as renewable, thereby reducing the pollution levels.
To know the latest trends and insights prevalent in this market, click the link below:
Key Trends and Analysis of Ethanol Market:
Key Takeaways of the Market:
Archer Daniels Midland Company, Cargill, Inc., Grain Processing Corporation, Ace Ethanol LLC, Advanced BioEnergy, LLC, MGP Ingredients, Flint Hills Resources LP, and Marquis Energy are some of the leading players in the global ethanol market. In 2013, Cargill Inc. expanded its operation in Germany by setting up a new ethanol plant in Barby. The new plant is aimed at producing ethanol for Europe’s alcoholic beverage, pharmaceutical, and cosmetic industries.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Coherent Market Insights
1001 4th Ave,
Seattle, WA 98154
Email: [email protected]
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154
Talk to our research consultant to design an exclusive report as per your research needs.
We aim to fulfil client's research demands with tailored research solutions.
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
We strive to provide most accurate and reliable research findings in our research reports.