Cellulosic Ethanol Market Size

Cellulosic Ethanol Market size was valued at USD 12.84 billion in 2024 and is likely to exceed USD 752.01 billion by the end of 2037, expanding at over 36.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of cellulosic ethanol is evaluated at USD 16.6 billion.

The growing demand for energy across the globe is anticipated to escalate the usage of cellulosic ethanol. As ethanol is considered to be both a fuel and a gasoline additive, cellulosic ethanol is vital to maintain energy security.

One of the major factors for the expansion of the global cellulosic ethanol market size expansion is the remarkable advantage of cellulosic ethanol that it is made from non-food crops and waste biomass which makes it environment-friendly. This benefit eliminates the rising concern of food insecurity as well as biodiversity while enhancing energy efficiency and attracting key players to invest in the sector.