Bioethanol Market Exhibit An Impressive CAGR of 5.3% during the forecast period
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The global bioethanol market was valued at US$ 57,650 million in 2017 and is expected to register a CAGR of over 5%. Bioethanol is a biodegradable, renewable energy resource that is produced from biom...
ass through sugar fermentation and chemical process. Bioethanol forms an attractive alternative to conventional fuel sources owing to its high-octane value and lower greenhouse gas emissions. Bioethanol is used in transportation, alcoholic beverages, and pharmaceuticals.
Key players in the global market include Archer Daniels Midland Company, POET LLC, Green Plains, Valero Energy Corporation, Flint Hills Resource, Abengoa Bioenergy SA, Royal Dutch Shell plc, Pacific Ethanol, Inc., Petrobras, and The Andersons.
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