Cellulosic Ethanol Market Analysis

Cellulosic Ethanol Segmentation

Feedstock (Energy Crop, Agricultural Waste, Municipal Solid Waste, Forest Residue)

The energy crop segment in the cellulosic ethanol market is anticipated to generate the largest revenue share by the end of 2037 and hold a 34% share. Energy crops are a type of non-food crops usually used to help in manufacturing pure cellulosic ethanol and help in making other biofuels. Energy crops are encouraged to be used as feedstock in producing cellulosic ethanol. This is impelled by the increased demand for producing renewable fuels from biomass. In addition, the usage of energy crops in cellulosic ethanol as a biofuel feedstock is escalating. This is owing to the conscious need of reducing greenhouse gas emissions and help the environment. Also, the rising concern related to global warming and increasing awareness about the earth’s temperature is anticipated to favor segment growth.

Application (Gasoline, Detergent)

The gasoline segment is set to garner 58% share of the cellulosic ethanol market during the forecasted timeframe. This can be attributed to the rising use of gasoline for different types of purposes such as transportation and in the most spark-ignited internal combustion engines. Furthermore, the growing population and their increasing demand for automobiles are also anticipated to help in expanding the segment value over the next years. It has to be noted that there were almost 1.4 billion motor vehicles across the world by the end of 2022.

Our in-depth analysis of the global market includes the following segments: