Cellulosic Ethanol Market – Growth, Trends, Segments, and Forecasts (2024-2030)

Cellulosic Ethanol Market was valued at US$ 1234.30 Million in 2023. The Global Cellulosic Ethanol Market size is estimated to grow at a CAGR of 38.26 % over the forecast period.
Cellulosic Ethanol Market Overview:
Cellulosic ethanol is a biofuel made from agricultural waste such as corn cobs, wheat straw, and other plant parts, as well as wood and inedible weeds. By-products of ethanol manufacturing include panicum virgatum and wood chips. Corn, sugar cane, switchgrass, and mantos are some of the other ethanol-producing crops. The Cellulosic Ethanol Market analyses and forecasts the market size, in terms of value, for the market. Further, the Cellulosic ethanol Market is segmented by feedstock, application, and Region. Based on feedstock, the Cellulosic ethanol market is segmented under Agricultural Residue, Forest Residue, Energy Crops Municipal Solid Waste (MSW). Based on the Application, the market is segmented under Gasoline, Detergent. The market sizing and forecasts have been done for each segment based on value (in USD Million/Billion).To know about the Research Methodology :- Request Free Sample Report
Cellulosic Ethanol Market Dynamics:
Ethanol Is Both A Fuel And A Gasoline Additive

Ethanol is both a fuel and a gasoline additive. Increasing ethanol production is vital to maintaining energy security, as it consumes a lot of energy in the form of feedstock. As the government develops alternative energy sources, ethanol manufacturing, a renewable and emissions-free automotive fuel, is garnering more attention. Corn is refined into ethanol by a process called hydrolysis, which converts corn into sugars and subsequently alcohol. Ethanol is a biofuel that can be substituted for gasoline. Ethanol, or alcohol, is produced by fermenting organic materials such as sugar cane, corn, and wheat.

Produces From Non-Food Crops And Waste Biomass

The most significant benefit of cellulosic ethanol is that it is made from non-food crops and waste biomass, which means that, unlike conventional biofuel, it does not harm food security or biodiversity. Also, this fuel is environmentally friendly and provides better energy efficiency than conventional biofuel.

Enzyme Technology Advancements

The production of cellulosic ethanol from lignocellulose, hemicellulose, and lignin requires the use of enzymes. Enzyme technology advancements have permitted the conversion of several forms of biomass into renewable biofuels. It aids in the generation of cellulosic ethanol by modifying the chemical structure and characteristics of a wide spectrum of biomass. The concentration of various chemicals varies depending on the type of biomass. It converts biomass sugars into cellulosic ethanol. Enzyme technology has allowed a commercial-scale cellulosic ethanol plant to be built. These methods have enhanced the feedstock's conversion rates to ethanol, increasing production volume while lowering costs. During the forecast period, developments in enzyme technology are expected to boost market growth.

Growing Concerns About Food & Environmental Security

Customers now desire eco-friendly yet healthy products as food security and energy and environmental security concerns develop, creating a good growth opportunity for the market.

Restraint: The Market For Cellulosic Ethanol Have Infrastructure Challenges

Infrastructure for the distribution of cellulosic ethanol could be a stumbling block because it cannot be transferred through pipes and must instead be transported by vehicle. Geographical regions appropriate for feedstock production and ethanol demand may differ, necessitating significant infrastructure construction, such as road and rail networks. Also, more money is needed for storage and processing, particularly in the pre-treatment stage.

Market Penetration Is Hindered By A Lack Of A Distribution Network

Market barriers include a lack of distribution infrastructure for market penetration, a limited number of vehicle models that can run with a given type of fuel combination that uses a high ethanol blend percentage, and a lack of awareness about the benefits of cellulosic ethanol among industry participants and consumers. The high cost of cellulose enzymes is a barrier to economic production because the procedure is expensive and requires expensive equipment.
Cellulosic Ethanol Market Trends:
Cellulosic ethanol is that it is made from non-food crops and waste biomass. A 5-year timetable is used by relevant businesses. Even today, all initiatives aimed at producing ethanol from cellulosic feedstock have fundamental issues with feedstock collection, processing, and high treatment costs. Cellulosic ethanol is that it is made from non-food crops and waste biomass. The most significant cost contribution in the manufacturing of second-generation ethanol is enzyme expenses. As the government develops alternative energy sources, ethanol manufacturing, a renewable and emissions-free automotive fuel, is garnering more attention. Because of the widespread use of fuel ethanol, its production method must be both economically and environmentally sustainable.

The feedstock account for the majority of the cost structure in current commercial technologies (more than 60%), followed by processing costs. The most promising feedstock for the generation of ethanol is lignocellulosic biomass. The widespread availability and low cost of lignocellulosic materials open up several possibilities for the development of bioindustries that could help reduce global greenhouse gas emissions.
Cellulosic Ethanol Market Segment Analysis:
Based on feedstocks, the Cellulosic Ethanol Market is segmented into agricultural residues, forest residues, energy crops, and municipal solid waste. During the forecast period, the energy crop category is expected to have the most share. Non-food crops used to manufacture cellulosic ethanol and other biofuels are known as energy crops. The growing demand for biomass to manufacture renewable fuels, as well as increased awareness of the need to reduce greenhouse gas and carbon emissions, are likely to drive up the demand for energy crops as a biofuel feedstock.

Based on Application, the Cellulosic Ethanol Market is segmented into Gasoline and Detergent. During the forecast period, the gasoline as fuel market is expected to develop at a CAGR of more than 1.7 %. Some of the primary drivers driving gasoline as a fuel market are a growing population, the increase in the number of automobiles, and the simple availability of gasoline. The detergents market is expected to grow at a CAGR of over 4%. In the current environment, there is a greater awareness of personal hygiene and clean surroundings, which has boosted demand for laundry and household cleaning goods, boosting the detergent market growth.

Cellulosic Ethanol Market Regional Insights: The North American region held the largest market share accounting for 35.2% in 2023.

Because of the increased demand for cellulosic ethanol because of its environmental benefits, growing need for clean biofuel, and cheap availability of feedstock in this region, North America is likely to dominate the worldwide cellulosic ethanol market. According to the Renewable Fuel Association, the United States generated more than 17.5 billion gallons of ethanol in 2022.

The United States and Brazil produce 84 % of the world's ethanol. More than 98 % of gasoline in the United States contains ethanol, often E10, to oxygenate the fuel and prevent air pollution, according to the US Department of Energy. Europe is expected to take the second-highest revenue share in the worldwide cellulosic ethanol market. Because of increased environmental concerns, environmental benefits of biofuels, commercialization of cellulosic biofuels, and government measures supporting biofuels.

The objective of the report is to present a comprehensive analysis of the global Cellulosic Ethanol Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Cellulosic Ethanol Market dynamic, and structure by analyzing the market segments and projecting the Cellulosic Ethanol Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Cellulosic Ethanol Market make the report investor’s guide.
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Cellulosic Ethanol Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US$ 1234.30 Mn.


Forecast Period 2024 to 2030 CAGR:
38.26%
Market Size in 2030:
US$ 11920.58 Mn.


 Segments Covered:
by feedstock
Agricultural Residue
Forest Residue
Energy Crops
Municipal Solid Waste (MSW)


by Application
Gasoline
Detergent


by Process
Dry Grind
Wet Mill
Others



Cellulosic Ethanol Market by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Cellulosic Ethanol Market, Key Players are
1. Raízen Energia
2. E.I. du Pont de Nemours and Company
3. GranBio Group
4. Novozymes A/S
5. POET - DSM Advanced Biofuels LLC
6. Alliance Bio-Products Inc.
7. Aemetis Inc.
8. Enerkem Inc.
9. Iogen Corporation
10. Praj Industries
11. Abengoa Bioenergy Corporation
12. Beta Renewables SpA
13. BlueFire Renewables, Inc.
14. Borregaard AsA
15. BP PLC
16. Clariant International Ltd.
17. DowDuPont, Inc.
18. Etip Bioenergy
19. Fiberight LLC
20. INEOS Group AG
21. Shandong Longlive Bio-Technology

Frequently Asked Questions:

1. Which region has the largest share in Global Cellulosic Ethanol Market?
Ans: Asia Pacific region held the highest share in 2023.

2. What is the growth rate of Global Cellulosic Ethanol Market?
Ans: The Global Cellulosic Ethanol Market is growing at a CAGR of 38.26% during forecasting period 2024-2030.

3. What is scope of the Global Cellulosic Ethanol market report?
Ans: Global Cellulosic Ethanol Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Cellulosic Ethanol market?
Ans: The important key players in the Global Cellulosic Ethanol Market are – Raízen Energia, E.I. du Pont de Nemours and Company, GranBio Group, Novozymes A/S, POET - DSM Advanced Biofuels LLC, Alliance Bio-Products Inc., Aemetis Inc., Enerkem Inc., Iogen Corporation, Praj Industries, Abengoa Bioenergy Corporation, Beta Renewables SpA, BlueFire Renewables, Inc., Borregaard AsA, BP PLC, Clariant International Ltd., DowDuPont, Inc., Etip Bioenergy, Fiberight LLC, INEOS Group AG, and Shandong Longlive Bio-Technology

5. What is the study period of this market?
Ans: The Global Cellulosic Ethanol Market is studied from 2023 to 2030.