Infinium Global Research Ethanol Market Global Industry Analysis, Trends, M | Page 3
ethanol due to improvement in vehicle performance and reduction of pollution
is the prime factor driving the growth of ethanol market worldwide. Moreover,
increasing consumption of beverages as well as growing demand for premium
quality alcohol is anticipated to drive the global ethanol market over the
forecast period. Furthermore, volatile crude oil prices are anticipated to drive
the global ethanol market over the forecast period. However, fluctuation in
supply of agricultural raw material required producing enough ethanol and
rising use of biomass as an alternative for fuel ethanol are the key factors
restraining the growth of global ethanol market. Nevertheless, recent
developments of cellulosing ethanol and growing government initiatives for
the usage of ethanol fuel over the conventional fuel due to increasing carbon
emissions will bring more opportunities to the global ethanol market over the
forecast period.
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Segments Covered:
The report segments the Ethanol market by type, by application, and by
region. On the basis of types the ethanol market is segmented as grain based,
sugar cane based and others ( which include cellulosic feedstock) Moreover,
the global Ethanol market based on application is segmented into alcoholic
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