India $7.38 Billion Ethanol Market, Forecast & Opportunities, 2024


Dublin, April 30, 2019 (GLOBE NEWSWIRE) -- The "India Ethanol Market By Source, By Application, By Purity, Competition, Forecast & Opportunities, 2024" report has been added to's offering.

The Indian ethanol market is projected to grow from $ 2.50 billion in 2018 to $ 7.38 billion by 2024, exhibiting a CAGR of 14.50% during 2019-2024, on the back of increasing ethanol use in applications such as fuel additives and beverages.

Ethanol is a prominent alcoholic beverage, mainly found in beer, cider, wine, spirits and ale. Indian government is trying to reduce its dependence on imported crude oil and incentivizing Indian sugar manufacturers to produce ethanol for Oil Marketing Companies (OMCs). It is expected that ethanol production will increase by three to five folds in the future in order to meet the demand for its 20% Fuel Blending Program (FBP). Factors such as increasing alcohol consumption and changing lifestyle along with growing influence of the western culture are likely to drive the demand for ethanol in the country.

Industrial methylated spirits derived by adding methanol to ethanol is used as a solvent in chemical industries and in domestic burners for household chores such as heating and cooking. However, consumption of ethanol coupled with denatured alcohol is lethal and induces sleep. These properties are anticipated to hinder market growth and pose challenges to industry partakers.

In terms of source, the Indian ethanol market has been categorized into sugar & molasses based ethanol, second generation (mixed grains) and grain-based ethanol. Based on application, the market has been segmented into industry solvent, fuel & fuel additive, beverages, disinfectant, personal care, and flavoring & fragrance. Based on purity, the market has been segmented into denatured and undenatured. Government's emphasis on ethanol production from bio mass and solid waste is likely to become a major source of ethanol production in future.

According to OECD-FAO Agricultural Outlook 2018-2027, the demand for biofuels is shifting towards emerging economies, which are rapidly putting in place policies that favor the domestic bio-fuels market. Furthermore, the market projections suggest that 84% of the total additional demand for ethanol are expected from developing countries. Additionally, in many countries, compulsory blending rules impose a minimum share of ethanol and biodiesel to be utilized in transport fuel.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer
4.1. Factors to be considered for product selection
4.2. Factors influencing purchase decision
4.3. Challenges/issues faced post purchase
4.4. Unmet needs

5. India Ethanol Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Source (Sugar & Molasses Based Ethanol, Second Generation Ethanol and Grain Based Ethanol)
5.2.2. By Application (Industrial Solvent, Fuel & Fuel Additive, Beverages, Disinfectant, Personal Care and Flavoring & Fragrance)
5.2.3. By Purity (Denatured and Undenatured)
5.2.4. By Region
5.2.5. By Company
5.3. Market Attractiveness Index

6. India Sugar & Molasses Based Ethanol Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Application
6.2.2. By Region
6.3. Market Attractiveness Index

7. India Grain Based Ethanol Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Application
7.2.2. By Region
7.3. Market Attractiveness Index

8. India Second Generation (Lignocellulosic Biomass, Agriculture Residue and Non-Food Energy Crops) Ethanol Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Application
8.2.2. By Region
8.3. Market Attractiveness Index

9. Pricing Analysis

10. Market Dynamics
10.1. Drivers
10.2. Challenges

11. Market Trends & Developments

12. Policy & Regulatory Landscape

13. Trade Dynamics
13.1. Imports
13.2. Exports
13.3. Trade Balance

14. India Economic Profile

15. Competitive Landscape (Leading companies)
15.1. India Glycols Ltd.
15.2. Bajaj Hindusthan Sugar Ltd.
15.3. Shree Renuka Sugars Ltd.
15.4. Balrampur Chini Mills Ltd.
15.5. Mawana Sugars Ltd.
15.6. Triveni Engineering & Industries Ltd.
15.7. HPCL Biofuels Limited
15.8. Jeypore Sugar Company Ltd.
15.9. Simbhaoli Sugars Ltd.
15.10. BSM Sugar
15.11. E.I.D Parry India Ltd.

16. Strategic Recommendations

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