Asia-Pacific Bio-ethanol Market Size (2024 - 2029)

The Asia-Pacific bio-ethanol market is experiencing growth, driven by government initiatives and relaxed regulations on ethanol blending. Despite challenges posed by the shift towards electric vehicles and a focus on bio-butanol, the market is recovering from pandemic-related disruptions. The expansion of second-generation bio-ethanol production and increased bio-fuel use in aviation present promising opportunities for market growth.

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Market Size of Asia-Pacific Bio-ethanol Industry

Asia-Pacific Bio-ethanol Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.00 %
Market Concentration Low

Major Players

Asia-Pacific Bio-ethanol Market Major Players

*Disclaimer: Major Players sorted in no particular order

APAC Bio-ethanol Market Analysis

The Asia-Pacific Bio-ethanol market is anticipated to register a CAGR greater than 5% during the forecast period.

During the outbreak of COVID-19, there was a negative impact on the bio-ethanol market in the Asia-Pacific region due to disruptions in the supply chain. However, the market began to recover in 2021. The significant factors of the industry are increased government initiatives and the relaxation of prohibitions on marketing gasoline with a more substantial proportion of ethanol. The Asia-Pacific Bio-ethanol market has recovered from the pandemic and is growing significantly.

  • Over the short term, increasing favorable initiatives, blending mandates by regulatory bodies, and growing environmental concerns due to the use of fossil fuels and the need for biofuels are projected to fuel market growth throughout the forecast period.
  • However, fuel-based vehicles are being phased out due to rising demand for electric cars, and a shift in priority to bio-butanol is the significant factor that is likely to hamper the growth of the Asia-Pacific bio-ethanol market size.
  • Nevertheless, over the forecast period, second-generation bio-ethanol production and increased bio-fuel consumption in the aviation industry are likely to create lucrative delivery opportunities for the Asia-Pacific Bio-ethanol market.

APAC Bio-ethanol Industry Segmentation

Bioethanol is a colorless, transparent liquid that is biodegradable and used as a green fuel. It ferments sugar and starch-containing plant yields such as maize, sugarcane, and lignocellulosic biomass. Bioethanol is primarily used in the automobile sector as an octane booster to reduce engine knocking. The bio-ethanol market is segmented by feedstock type, application, and geography. By feedstock type, the market is segmented into sugarcane, corn, wheat, and other feedstock types. By application, the market is segmented into automotive and transportation, food and beverage, pharmaceutical, cosmetics and personal care, and other applications. The report also covers the market size and forecasts for the bioethanol market in 4 countries across the Asia-pacific region. For each segment, the market sizing and forecasts have been done based on volume (million liters).

Feedstock Type
Sugarcane
Corn
Wheat
Other Feedstocks
Application
Automotive and Transportation
Food and Beverage
Pharmaceutical
Cosmetics and Personal Care
Other Applications
Geography
China
India
Japan
South Korea
Rest of Asia-Pacific
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Asia-Pacific Bio-ethanol Market Size Summary

The Asia-Pacific bio-ethanol market is poised for significant growth, driven by increased government initiatives and regulatory support for blending mandates. The market has shown resilience and recovery post-COVID-19 disruptions, with a focus on reducing fossil fuel dependency and enhancing biofuel adoption. Despite challenges such as the shift towards electric vehicles and a pivot to bio-butanol, the market is expected to benefit from advancements in second-generation bio-ethanol production and its growing application in the aviation sector. The automotive and transportation industries remain key consumers, leveraging bio-ethanol as a cost-effective and environmentally friendly alternative to traditional fuels, which also aids in reducing emissions.

China plays a pivotal role in the region's bio-ethanol market, with substantial contributions to market share and revenue. The country's bio-ethanol promotion policies and its status as the largest vehicle producer underscore its influence. The market is further bolstered by bio-ethanol's applications in the healthcare sector, particularly in advanced medical technologies. The Asia-Pacific market is moderately fragmented, with major players like Jilin Fuel Ethanol Co. Ltd, POET, LLC, Valero, ADM, and Green Plains Inc. actively participating. Recent developments, such as new bioethanol facilities and strategic partnerships, highlight ongoing investments and collaborations aimed at expanding biofuel production and distribution capabilities in the region.

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Asia-Pacific Bio-ethanol Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Favorable Initiatives and Blending Mandates by Regulatory Bodies

      2. 1.1.2 Growing Environmental Concerns due to the Use of Fossil Fuels and the Need for Biofuels

    2. 1.2 Restraints

      1. 1.2.1 Phasing out of Fuel-based Vehicles Due to Rising Demand for Electric Vehicles

      2. 1.2.2 Shifting Focus to Bio-butanol

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Volume)

    1. 2.1 Feedstock Type

      1. 2.1.1 Sugarcane

      2. 2.1.2 Corn

      3. 2.1.3 Wheat

      4. 2.1.4 Other Feedstocks

    2. 2.2 Application

      1. 2.2.1 Automotive and Transportation

      2. 2.2.2 Food and Beverage

      3. 2.2.3 Pharmaceutical

      4. 2.2.4 Cosmetics and Personal Care

      5. 2.2.5 Other Applications

    3. 2.3 Geography

      1. 2.3.1 China

      2. 2.3.2 India

      3. 2.3.3 Japan

      4. 2.3.4 South Korea

      5. 2.3.5 Rest of Asia-Pacific

Asia-Pacific Bio-ethanol Market Size FAQs

The Asia-Pacific Bio-ethanol Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

POET, LLC., Valero, ADM, Green Plains Inc. and Jilin Fuel Ethanol Co. Ltd (CNPC) are the major companies operating in the Asia-Pacific Bio-ethanol Market.

Asia-Pacific Bio-ethanol Report Snapshots

Asia-Pacific Bio-ethanol Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)