Published by Jessica Weisman-Pitts
Posted on February 25, 2025
Ever-Increasing Need for Fuel across Several Industries Set Create Lucrative Opportunities for Cellulosic Ethanol Producers.
ROCKVILLE, Md., A recently released research report by Fact.MR, a market research and competitive intelligence provider, the global cellulosic ethanol market size from US$ 1.36 billion in 2024 to US$ 61.68 billion by 2034.
Increasing sustainability trend coupled with increasing demand for renewable fuel sources is anticipated to boost the cellulosic ethanol market growth during the coming 10 years. The two main transport biofuels are ethanol and biodiesel. Various regulations across the globe regarding greenhouse gas emission and clean air are further boosting the demand for cellulosic ethanol. Produced from various feedstock, cellulosic ethanol is a second generation biofuel, which is gaining traction across the globe.
The United States sees high commercial use of ethanol as aviation fuel. The United States is the world’s largest producer and consumer of ethanol, whereas Brazil holds the second position. Brazil exports ethanol to the United States and Europe.
Municipal solid waste is the most cost-effective feedstock used for cellulosic ethanol. The growing concerns related to municipal solid waste are expected to be reduced by its increasing use in ethanol production. Governments across the globe are finding it as a problematic waste.
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Key Takeaways from Cellulosic Ethanol Market Study:
“Rising demand for eco-friendly fuel sources is driving the consumption of cellulosic ethanol in several regions,” says a Fact.MR report.
Competitive Landscape
The cellulosic ethanol market is characterized by the presence of both prominent companies and new producers. Industry leaders are focused on differentiation, partnerships, and acquisitions to increase their market reach. Start-ups including LanzaJet, Vertex Bioenergy, Ethtec, C3 Biotech, and Global Yeast are investing heavily on R&D to produce innovative biofuels.
Key Market Players:
Cellulosic Ethanol Industry News:
Clariant announced the start of commercial cellulosic ethanol production in January 2022 at its plant in Romania.
Country-wise Analysis:
Supportive Government Policies Fuelling Sales of Bioethanol FuelThe United States government has initiatives that encourage the consumption of cellulosic ethanol. Landowners and operators who plant, develop, and supply biomass feedstock crops to support the production of advanced biofuels may be eligible for financial assistance under the Biomass Crop Assistance Program (BCAP; Section 9010). In addition to a 50% reimbursement of the costs associated with establishing a biomass feedstock crop, qualifying feedstock producers can receive annual payments for up to five years for herbaceous feedstock and up to 15 years for hardwood feedstock.
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More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global cellulosic ethanol market, presenting historical demand data (2018 to 2023) and forecast statistics for the period (2024 to 2034).
The study divulges essential insights on the market based on feedstock (energy crops, agriculture waste, municipal solid waste, forest residue, others) and end use (cellulosic ethanol application in transportation, industrial application of cellulosic ethanol), across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA).
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