DUBLIN, March 4, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/rnxdmz/global) has announced the addition of the "Global Ethanol-based Vehicle Market 2016-2020" report to their offering.
This comprehensive report predicts that the global ethanol-based vehicle market will grow with a CAGR of 6.53% during the 2016-2020 period.
Commenting on the report, an analyst from the research team said: Ethanol manufacturers, such as Novozymes and Diversa, are contributing to the development and promotion of commercialization of second-generation ethanol for use as an automotive fuel. It is expected that the second-generation fuel to take over the market for first-generation ethanol, even though the former is more expensive than first-generation ethanol. As a result, the commercial use of the fuel as automotive fuel has been limited. Biodiesel has been trending in the market in terms of volume production, but cellulosic ethanol use is likely to register faster growth rates during the forecast period.
According to the report, automotive OEMs are under pressure to promote alternative fuel-compatible vehicles. This, along with growing sustainability measures, may drive the market for vehicles powered by alternative fuels. Among alternative fuels, ethanol biofuel is the most commercially viable option, and FFVs are likely to lead growth in the ethanol-based vehicle market.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- General Motors (GM)
- John Deere
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by vehicle type
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Vendor analysis
PART 15: Appendix
PART 16: About Author
For more information visit http://www.researchandmarkets.com/research/rnxdmz/global
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets