SAN FRANCISCO, June 28, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Cellulosic Ethanol – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
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- Global competitiveness and key competitor percentage market shares
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Edition: 8; Released: January 2022
Executive Pool: 4849
Companies: 46 – Players covered include Abengoa Bioenergy Corporation; Beta Renewables SpA; BlueFire Renewables, Inc.; Borregaard AsA; BP PLC; Clariant International Ltd.; DowDuPont, Inc.; Enerkem, Inc.; Etip Bioenergy; Fiberight LLC; GranBio; INEOS Group AG; Novozymes A/S; Poet-DSM Advanced Biofuels LLC; Shandong Longlive Bio-Technology and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Transportation, Industrial); Feedstock (Energy Crops, Agriculture Waste, Municipal Solid Waste, Forest Residues, Other Feedstocks)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Cellulosic Ethanol Market to Reach $4.8 Billion by 2026
Amid the COVID-19 crisis, the global market for Cellulosic Ethanol estimated at US$631.7 Million, is projected to reach a revised size of US$4.8 Billion by 2026, growing at a CAGR of 39.8% over the analysis period. Energy Crops, one of the segments analyzed in the report, is projected to record a 40.2% CAGR and reach US$1.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Agriculture Waste segment is readjusted to a revised 40.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $241.3 Million in 2021, While China is Forecast to Reach $1.1 Billion by 2026
The Cellulosic Ethanol market in the U.S. is estimated at US$241.3 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2026 trailing a CAGR of 46.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 33.2% and 37.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 35.6% CAGR.
Municipal Solid Waste Segment to Reach US$509.2 Million by the year 2026
In the global Municipal Solid Waste segment, USA, Canada, Japan, China and Europe will drive the 37.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$51.8 Million will reach a projected size of US$489.5 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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SOURCE Global Industry Analysts, Inc.