fuel ethanol market size is Set To Garner Staggering Revenues By 2030, MRFR Study
Fuel-Ethanol Market Development Strategy The fuel-ethanol market value in 2018 was around USD 78.6 billion and could most likely attain a growth rate of 5.8% between 2020 and 2027, says Market Research Future (MRFR). Some of the key factors driving the growth of the Fuel Ethanol Market include increasing crude oil prices and the need to reduce carbon emissions from the automotive and transportation industry due to social awareness and government-made laws. However, the use of agricultural products for the production of fuel ethanol market size and the use of biomass as a substitute of fuel ethanol for electricity generation can hamper the market growth. Key Players Key players in the Global Fuel Ethanol Market include Advanced BioEnergy LLC (USA), The Andersons, Inc. (USA), Archer Daniels Midland Company (USA), BlueFire Renewables (USA), BP PLC (UK), Cargill Incorporated (USA), Flint Hills Resources (USA), Mascoma LLC (USA), Pacific Ethanol, Inc. (USA), and Panda Energy Internat...