Current Business Affairs Global Ethanol Market 2018 | Page 2

Globally, Asia-Pacific leads the petrochemicals market, accounted to high economic growth rate, rising demand for
construction products, growing health awareness applications and improving standards of living. However, the process
of plastic recycling is the major restraint of this market.
Market Analysis with Latest Growth Factors:
Factors such as rising demand from end-user industries such as food & beverage and bio-fuel are also propelling this
market growth. The rise in automotive industry is estimated to be the key driving factor for market growth over the
future years. Ethanol is extensively used as either fuel or fuel additive in the automobile sector. Rise in disposable
income along with population expansion is estimated to fuel the automotive sales as well as increase ethanol demand.
High environmental concerns are expected to positively impact the demand for ethanol as fuel additive. The major
countries have re-modeled their regulations so as to promote the usage of ethanol as bio-fuel in automotive sector.
Various technical innovations coupled with low cost feedstock are anticipated to fuel global market growth. Industrial
methylated spirits obtained by adding together methanol to ethanol finds its usage as a solvent in chemical industries as
well as in domestic burners for cooking and heating purpose. The ethanol intake along with denatured alcohol is fatal as
well as soporific in nature. These properties are projected to dampen the market growth and present challenges to
industry participants. Across the world in the year 2007, the share of automotive needing liquid fuel was observed to be
100% and it is expected to decrease by more than 3% by 2020. The budding usage of hybrid fuel engine is likely to
challenge the growth of this market over the forecast years.
The rising demand from fuel cells application is anticipated to drive the ethanol market growth over the future years.
The commercial fuel cells function on methanol, reformed natural gas as well as hydrogen. As ethanol possesses
properties such as low cost & toxicity, wide availability and high purity, it comes across as an alternative. The extensive
research and development is being undertaken on thermally integrated systems, auto-thermal reforming systems, as
well as direct-ethanol fuel cells for commercial feasibility.
Obtain Report Details with Technological advancement at https://www.xpodenceresearch.com/Reports/Ethanol-
Market
Geographical Analysis:
The North American market comes across as the chief regional market due to the usage of ethanol as fuel. The rigid
government regulations fuelling the usage of bio-fuel to reduce environment pollution are projected to drive ethanol
market growth in the region. However, the Asia-Pacific market is anticipated to grow at a high rate due to high demand
from automotive industry. The increasing environmental concerns coupled with maturing oil & gas wells are expected to
propel regional market growth.
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Executive Summary
Research Methodology
Market Dynamics
Industry Overview
Global Ethanol Market, By Product (2017-2025)
Global Ethanol Market, By Regions (2017-2025)
Market Competition Analysis