Global Cellulosic Ethanol Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024
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 key factor driving the growth of the Cellulosic ethanol markets includes legislations across the globe supporting development of renewable fuels. The years used for the assessment are as follows;
Historical year : 2014, 2015, 2016
Base year : 2017
Forecast period : 2018 – 2024
The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;
Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources.
Interacting with key opinion leaders of the market and developing data points based on interaction with them.
Study of past trends in the market and their year on year Impact on the market size and share.
Analyzing the collected data points.
Bridging the data points to calculate the total Cellulosic ethanol market and it various segments.
Anticipating potential risks.
Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the Cellulosic ethanol market.
Finalizing the overall size and share for the global Cellulosic ethanol market.
To classify the global Cellulosic ethanol market into segments by feedstock, conversion, End-Use region and analyze their growth prospects individually.
To analyze market trends, opportunities, drivers and restraints associated with the Cellulosic ethanol market.
Profiling key companies operating in the global Cellulosic ethanol market.
To study market response with respect to the mergers and acquisitions in the industry.
The research scope for global Cellulosic ethanol market is as follows:
Global Cellulosic Ethanol Market, By Feedstock
Muncipal solid waste
Global Cellulosic Ethanol Market, By Conversion
Global Cellulosic Ethanol Market, By End-use
Global Cellulosic Ethanol Market, By Region
Rest of the World (RoW)
Middle East and Africa (MEA)
Central and South America
Global Cellulosic ethanol market is expected to reach USD 4,254.2 Million by 2024, at a CAGR of 45.4% from 2018 to 2024. The key factor driving the growth of the Cellulosic ethanol markets includes increasing investment for large scale commercialization, legislations across the globe supporting development of renewable fuels and advancement in biotechnology.
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.
Some of the key companies operating in the market include Beta Renewables , DowDuPont Inc., Enerkem , Fiberight, GranBio, Borregaard, Clariant, Abengoa, POET, DONG Energy , INEOS Bio and among others.