Global Cellulosic Ethanol Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

Published - May 2019 | Category - Chemical & Material | No. of Pages - 145 | Published By - EMR

The Global Cellulosic Ethanol Market is expected to grow significantly, to USD 4,254.2 million in 2024, at a exponential CAGR of 45.4% from 2018 to 2024.

The cellulosic ethanol industry is under development stage with various initiatives taking place across the globe. Technology developers are making continuous efforts to lower the production cost of cellulosic ethanol to make it commercially viable. Demand for cellulosic ethanol is increasing as policy frameworks are developing around the globe. In Europe, Renescience opened the world’s first commercial scale facility transforming waste into recyclables and energy in the UK in 2017, and more projects are under development worldwide. ST1 has begun production of cellulosic ethanol from sawdust in Finland and Clariant recently announced plans for new cellulosic ethanol facilities in Germany and Romania. Further, China has announced to introduce a nationwide E10 mandate that would double ethanol volumes by 2020.

Global Cellulosic Ethanol Market Major Key Players:
Beta Renewables
DowDuPont Inc.
DONG Energy


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