NEW YORK, May 23, 2016 /PRNewswire/ -- Bioethanol is derived with the biological production technology such as fermentation followed by distillation, rectification and dehydration. Renewable and climate friendly nature of bioethanol drives its demand to use it as a fuel for transporation sector and other industrial applications. Over 80% of the world's ethanol production is used as fuel. U.S. is the major country in this market followed by Brazil.
The global bioethanol market is segmented based on different types such as corn-based ethanol, sugarcane-based ethanol, cellulosic ethanol and others. Market is also segmented based on the different blends such as E10, E85 and more. The major applications of bioethanol are in automotive, industrial which include pharmaceutical and more. The report also focuses on different geographic regions and the key countries in terms of changing trends in using Bioethanol in various fields.
This report gives the detailed information about the product value chain right from the beginning, which as the power in the hands of producers and consumers, analysis of the degree of competition, and threats of substitutes and new entrants. Apart from the above, the report also includes raw materials till end-use.
Some major players dominating the bioethanol industry are:
Archer Daniels Midland Company
Valero Renewable Fuels Company LLC.,
E. I. du Pont de Nemours and Company and others .
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