Cellulosic Ethanol Market Overview, Industry Trends and Growth Analysis by 2024
Category: #reports  By Rahul Sankrityayan  Date: 2019-03-26
  • share
  • Twitter
  • Facebook
  • LinkedIn

Cellulosic Ethanol Market Overview, Industry Trends and Growth Analysis by 2024

Cellulosic Ethanol Market share is expected to grow significantly due to availability of feedstock and rising clean fuel demand, along with government initiatives support biofuels during the forecast timeframe.

Cellulosic ethanol is a bio-fuel, produced from agricultural residues including corn stover, wheat straw and other non-edible parts of plants, wood and grasses. Panicum virgatum and wood chips of tree are the byproducts which are used for ethanol production. Other sources of ethanol production are corn, sugar cane, switchgrass and miscanthus. High production rate from these sources are driving the product demand.

Request for TOC of this research report @ https://www.gminsights.com/request-toc/upcoming/1951

Low-percentage ethanol-gasoline blend can be efficiently used in conventional spark-ignition engines without making any technical changes to engine. Hybrid-fuel vehicles can run on even higher concentration mixture. Ethanol’s ability to oxidize into acetic acid when on contact with material used in engine may corrode engine surface. High latent heat of vaporization and demixing issue with hydrocarbon causes cold engine and are restraints to market growth. However, ethanol biofuels are blended with petroleum diesels to overcome this drawback which is likely to boost product demand.

Large scale production units need to have technological advancements owing to slow growth rate due to high initial cost and production complexities. Huge investments by research institutes and big corporate houses is likely to drive cellulosic ethanol market size.

Availability of feedstock is a major growth driver for cellulosic ethanol market. However, challenges exist in harvesting, storage and transportation of low productive conventional raw crops due to its low material densities and moisture level. Harvest capacity and transportation density are major limitations for biomass harvest and logistics to supply demand center. Investments need to be made in harvesting and transportation systems to improve biomass harvest field efficiency and reduce operational cost.

Make an inquiry of this report @ https://www.gminsights.com/inquiry-before-buying/1951

Cellulosic ethanol is produces agricultural biomass including corn cobs, perennial grasses, and wheat straws and forest biomass such as wood chips. Fluctuating raw material prices can play a deterrent in cellulosic ethanol market growth.  Delivery prices and cost associated with harvesting and delivering raw materials decides producer’s profitability. Fluctuations are high due to seasonality of such plants and hence affects the product price.

Clariant, a leading specialty chemical company has developed an alternative source of energy like cellulosic ethanol to combat with issues concerning energy sector and reduce oil dependency. Sunliquid is an efficient process developed by the company to convert agricultural residues into eco-friendly biofuels.

North America led by Mexico, Canada and the U.S. cellulosic ethanol market accounted for about 50% global ethanol market share in 2016. Programs are sponsored by the US Department of Energy to develop and research ethanol developing organisms and cellulose hydrolysis enzymes. Various national laboratories and companies are co-funded by government to promote product demand in this region.

Report for Customization @ https://www.gminsights.com/roc/1951

Europe led by France, Italy and Germany cellulosic ethanol market is anticipated to witness strong gains owing to supporting regulatory norms and policies. Increasing R&D spending to develop biochemical route to produce ethanol should stimulate industry growth.

Global cellulosic ethanol market is slightly fragmented. Some key players in this market are British Petroleum, DuPont Industrial Biosciences, Beta Renewables, Novozymes, POET-DSM, INEOS Bio and Inbicon GranBio.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: [email protected]
Web: https://www.gminsights.com
Blog: http://news.decresearch.com



About Author

Rahul Sankrityayan

Email: [email protected]   

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for News.Marketsizeforecasters.com, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a r...

Read More

More News By Rahul Sankrityayan

Dietary Fibers Market is Expected to Exhibit USD 10.5 billion by 2025
Dietary Fibers Market is Expected to Exhibit USD 10.5 billion by 2025
By Rahul Sankrityayan

Dietary Fibers Market is estimated to surpass USD 10.5 billion by 2025. Strong outlook with versatile applications including breakfast cereals, bakery, dairy, infant food, meat, beverages, pharmaceutical, companion animal nutrition etc. are among ...

Baby Food Market is Determined to Grow USD 33 million by 2025
Baby Food Market is Determined to Grow USD 33 million by 2025
By Rahul Sankrityayan

Baby Food industry will exceed USD 33 billion by 2025. Increasing infant population and corresponding rising food demand will propel baby food market growth during the forecast period. According to world Bank, birth rates have remained highest in ...

Cat Food and Snacks Market will Exhibit at 5.8% CAGR to hit 38 billion USD by 2025
Cat Food and Snacks Market will Exhibit at 5.8% CAGR to hit 38 billion USD by 2025
By Rahul Sankrityayan

Global Cat Food and Snacks Market will surpass USD 38 billion by 2025. It is majorly driven by increasing trend of humanization by the pet owners. The global pet care business generated revenue close to USD 90 billion in 2013 and surpassed US...