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markettrend24 · 2 years
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Cellulosic Ethanol Market 2022 Global Industry Extensive Competitive Landscape on Size, Volume, Trends, Share and Revenue| Regional Forecast By 2028
Cellulosic Ethanol Market 2022 Global Industry Extensive Competitive Landscape on Size, Volume, Trends, Share and Revenue| Regional Forecast By 2028
This report studies the Cellulosic Ethanol Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Cellulosic Ethanol Market analysis segmented by companies, region, type and applications in the…
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tmr-blogs2 · 11 days
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Ethanol Market Growth Projections: Industry to Reach US$ 166.6 Billion by 2034
The ethanol industry, valued at US$ 94.6 billion in 2023, is projected to grow at a CAGR of 5.3% from 2024 to 2034, reaching US$ 166.6 billion by 2034.
The global ethanol market is set for significant growth between 2024 and 2034, driven by the rising demand for biofuels and sustainable alternatives to fossil fuels. Ethanol, commonly derived from biomass like corn and sugarcane, plays a crucial role in reducing greenhouse gas emissions in the transport sector. Its use as a renewable fuel additive in gasoline, along with applications in the beverage, pharmaceutical, and industrial sectors, positions ethanol as a key component of the green energy transition.
Increase in use of ethanol as biofuel and rise in demand for alcoholic beverages are propelling the ethanol market size. Ethanol is a colorless, flammable liquid used in multiple industries, including cosmetics, fuel, beverages, and industrial solvents.
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Market Segmentation
By Service Type:
Fuel Ethanol
Industrial Ethanol
Beverage Ethanol
Pharmaceutical Ethanol
By Sourcing Type:
Conventional Ethanol (corn, sugarcane)
Cellulosic Ethanol (biomass, crop waste)
By Application:
Automotive (biofuels)
Alcoholic Beverages
Pharmaceuticals
Chemicals and Industrial Uses
By Industry Vertical:
Energy and Transportation
Food and Beverage
Healthcare
Chemicals
By Region:
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Regional Analysis
North America: The region, particularly the United States, dominates ethanol production, accounting for a significant portion of the global market. Favorable government mandates, such as the Renewable Fuel Standard (RFS), and abundant feedstocks like corn have supported strong growth. Canada also presents increasing opportunities due to its climate change policies.
Europe: Stringent environmental regulations aimed at reducing carbon emissions have driven the adoption of ethanol as a biofuel. Countries like Germany, France, and the UK are focusing on blending ethanol with conventional fuels, boosting demand.
Asia-Pacific: The region represents a rapidly expanding market, led by countries like China, India, and Thailand. The push for energy independence, coupled with growing environmental awareness, has fueled ethanol production and consumption. Significant investments in ethanol infrastructure and blending programs support future growth.
Latin America: Brazil remains a dominant player, with ethanol derived from sugarcane contributing substantially to its energy matrix. Ethanol is a primary transportation fuel in Brazil, and the region’s expertise in biofuel production is a key market driver.
Middle East & Africa: While a smaller market, the region is increasingly exploring ethanol production and importation to meet sustainable energy targets.
Market Drivers and Challenges
Drivers:
Government Policies: Incentives for biofuels and renewable energy, especially in North America and Europe.
Environmental Concerns: Growing awareness of climate change and carbon emissions reduction targets are pushing demand for ethanol as a sustainable alternative.
Technological Innovations: Advances in ethanol production, such as cellulosic ethanol from non-food biomass, offer greater sustainability and resource efficiency.
Challenges:
Feedstock Availability: Dependence on crops like corn and sugarcane can cause price volatility due to competition with food production.
Infrastructure: Inadequate infrastructure for ethanol storage and distribution, especially in emerging markets, could hinder growth.
Environmental Impact: Ethanol production still requires water and energy, and land-use concerns may arise with large-scale biomass farming.
Market Trends
Biofuel Blending Policies: Governments are setting higher ethanol blending mandates to reduce carbon footprints, especially in transportation.
Growth in Cellulosic Ethanol: This form of ethanol, made from non-food sources like crop residues and grasses, is gaining traction as a more sustainable option.
Electrification Competition: While ethanol is a key player in the biofuel market, the rise of electric vehicles poses competition in the automotive sector.
Sustainability Focus: Consumers and industries are seeking greener production methods and lower carbon footprints, driving the demand for ethanol made from waste materials and non-food crops.
Future Outlook
Over the next decade, the ethanol market is set to expand significantly, fueled by the demand for cleaner energy alternatives. Innovations in feedstock and production methods will make ethanol an increasingly attractive option in the global effort to curb carbon emissions. Growth in developing economies, particularly in Asia-Pacific and Latin America, will further contribute to market expansion. However, challenges such as feedstock competition and infrastructure development must be addressed to ensure sustained growth.
Key Market Study Points
Understanding regional production dynamics, with the U.S. and Brazil being dominant players.
Evaluating technological advancements, especially in cellulosic ethanol production.
Assessing the impact of government policies and environmental regulations.
Monitoring competition from electric vehicles in the automotive sector.
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Competitive Landscape
The ethanol market is highly competitive, with key players focusing on expanding production capacities and investing in research and development for sustainable production methods. Leading companies include:
Archer Daniels Midland Company (ADM)
POET LLC
Valero Energy Corporation
Green Plains Inc.
BP Plc
Petrobras
Royal Dutch Shell Plc
Tereos Group
These companies are leveraging partnerships, technological advancements, and mergers to gain market share and address challenges in feedstock availability and production efficiency.
Recent Developments
2023: POET announced the expansion of its cellulosic ethanol production capabilities, utilizing agricultural waste for more sustainable fuel production.
2024: Green Plains Inc. entered into a strategic partnership with a leading biotech firm to enhance ethanol production efficiency using enzyme technology.
2025: The European Union announced new biofuel blending regulations, mandating a minimum of 10% ethanol in gasoline across member states by 2030.
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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creativeera · 1 month
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Nail Polish: A Colorful Evolution The History and Science Behind Modern Nail enamel
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Early Origins and Nail Polish While nail enamel in its modern form was a 20th century development, the practice of decorating fingernails and toenails dates back thousands of years. Some of the earliest nail treatments and colorings were discovered in ancient Egypt, where both men and women regularly stained or painted their nails as a symbol of social status. Wealthy Egyptians would use kohl or henna to darken their nails, while poorer citizens were restricted from the practice. These early polishes were crude, often consisting of plant-based dyes mixed with oils or waxes to adhere to the nail plate. In Medieval Europe, red nail enamel made from crushed insects and fish scales became a popular aristocratic trend. However, the invention of synthetic dyes and new formulations revolutionized nail treatments in the late 1800s. In the late Victorian era, long, pointed, almond-shaped nails known as "spoon nails" became fashionable, and colorings grew more complex. By the early 20th century, specialized nail enamel was commercially produced and marketed directly to consumers as a beauty product. This marked a turning point where nail paint became widely available to the general public rather than a rare, conspicuous luxury. Formulation Nail Polish Early commercial nail enameles were oil-based formulas that stained the Nail Polish but lacked staying power. They had strong, unpleasant odors and caused damage when removed. A major advancement came in the 1930s with the invention of modern synthetic organic polymers that gave nail enamel its characteristic glossy shine and long-lasting application. The development of cellulose-based formulas allowed for thinner, drying polishes that adhered better without cracking or smudging. Polymers also enabled new tones and color effects that expanded options beyond traditional reds and light pinks. By the mid-20th century, advancements continued with the introduction of formaldehyde resin formulas. These provided better wear and facilitated easy removal without damage. Formulations also grew more refined, incorporating moisturizing and strengthening ingredients to improve nail health. The emergence of creative packaging and brush designs made application easier and more precise. The 1950s mark the modern nail enamel era, with a wide range of saturated hues and finishes available to the masses at affordable prices. Technology progressed further in later decades, giving rise to chip-resistant, long-wear varieties suitable for modern lifestyles. Modern Components and Manufacturing Today's nail enameles are emulsion-based liquid suspensions containing insoluble polymer pigments dispersed in a film-forming solution. Key components include: - Film formers (cellulose derivatives, formaldehyde resins) that dry to a flexible, durable coating protecting the nail. - plasticizers and moisturizers like glycols that keep the polish flexible and prevent chipping. - Solvents like water, ethanol or acetone to dissolve polymer formulas and adjust viscosity. - Pigments like iron oxides, chromium oxides or calcium aluminum borosilicate spheres that provide rich, long-lasting colors. - Preservatives like formaldehyde or formaldehyde releasers to prevent microbial growth. manufacturing involves meticulously blending proprietary polymer formulations with precisely controlled pigment dispersions and solutions. State-of-the-art milling techniques ensure homogenous mixtures down to nano scales for maximum luster, opacity and uniformity. Automated filling lines quickly and hygienically transfer finished polishes into bottles or convenient pen-style applicators for the global market. Quality control labs rigorously monitor each batch to maintain consistent performance and aesthetics.
Get more insights on Nail Polish
About Author:
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)
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downincmi · 4 months
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Renewable Chemicals Market: Pioneering Sustainable Chemistry
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Renewable chemicals are playing a growing role in the transition to a more sustainable future. Derived from biomass sources like agriculture and forestry residuals, reusable chemicals offer environmental benefits compared to petroleum-based alternatives. As production scales up, they promise to reduce dependency on fossil fuels and lower carbon emissions. Defining Renewable Chemicals Reusable chemicals are those produced from biomass rather than fossil fuel feedstocks like petroleum and natural gas. Biomass includes plant-based materials like agricultural crops and residues, as well as wood and forest products. Through various conversion processes, these feedstocks can be transformed into chemical building blocks and products similar to existing petrochemicals. Some key attributes of renewable chemicals include: Derived from recently photosynthesized biomass as opposed to fossil fuels locked away millions of years ago. Can be designed to be functionally equivalent to petrochemicals for use in the same applications. Manufactured through biological or thermochemical processes rather than fossil fuel cracking and reforming. Have the potential for reduced lifecycle greenhouse gas emissions depending on biomass source and production method utilized. Drivers of Growth in Renewable Chemical Production Several factors are propelling the increased commercialization and scaling of reusable chemicals: Environmental Sustainability
Growing societal focus on reducing carbon footprint and transitioning to low-carbon economy is driving demand for sustainable alternatives. Renewable chemicals offer reduced dependence on fossil fuels and potential for lower lifecycle emissions. Resource Availability
Concerns over peaking of petroleum production and volatility in crude oil prices is making companies seek renewable feedstock options. There is an abundance of biomass globally that can be refined into chemical building blocks. Market Pull
Major brands and retailers have set sustainability targets around transitioning to renewable materials and zero deforestation policies, pulling supply chains to adopt greener chemistries. This creates market demand signals. Government Policy Support
Regulatory incentives like tax credits in the US and EU, along with low carbon fuel standards provide impetus for investments in renewable chemicals capacity growth. Policy aims to promote climate action and energy independence. Technological Advancements
R&D breakthroughs such as new catalytic conversion processes and biotechnology tools allow for more efficient renewable chemical production pathways compared to previous generations of technology. This improves economics. Top Renewable Chemical Platforms Emerging Several core renewable chemical platforms centered around biomass sugars, oils and wastes are emerging at commercial scale across different industries: Cellulosic ethanol - Second generation biofuel produced from non-food plant fibers via conversion of cellulose and hemicellulose. Biobased succinic acid - Building block chemical made through fermentation able to replace petro-based variants. Biobased adipic acid - Nylon precursor chemical replacing one produced from fossil fuels. Renewable polyethylene - Biomass-derived bioplastic resin for packaging, consumer goods. Aromatics from lignin - Fraction of plant fiber converted into drop-in renewable benzene, toluene, xylene for fuels/chemistry. Biobased solvents/lubricants - Green alternatives to existing fossil-derived chemicals in many industrial applications. While most reusable chemicals still make up a small percentage of overall production compared to petrochemicals, early commercial successes point the way towards greater volumes and integration into existing supply chains this decade. As reusable chemicals displace petroleum-derived equivalents, their uptake promises meaningful reductions in greenhouse gas emissions over the full product life cycles. Their increasing adoption represents an encouraging transition towards more sustainable chemistry. Commercial Successes and Key Players Several renewable chemical platforms have now reached commercial scale, producing thousands of tons annually. Some of the leading companies at the forefront include: Praj Industries (cellulosic ethanol) Genomatica/Corbion (succinic acid) Archer Daniels Midland/Marquis Energy (biobased aromatics) Cargill/Dow (biobased polymers/resins) Neste (renewablediesel/jet fuel, lubricants) Others like LanzaTech, Gevo and Lygos are also progressing commercial cellulosic sugars and biochemical routes. Major oil, gas and chemical majors increasingly see renewable opportunities too - companies like Shell, Total, BASF and Eastman have made sizeable biomass-focused investments. While costs remain higher than petrochemical equivalents currently, rapidly expanding production volumes as capacities grow is expected to drive renewable chemical prices down towards parity this decade. With supportive policies, technology improvements and continued scale-up, renewable chemicals clearly demonstrate the potential as sustainable alternatives to traditional petro-based products. Their increasing adoption will be instrumental in reducing greenhouse gas emissions across multiple industries and transitioning to a low-carbon circular bioeconomy. As commercial successes continue demonstrating technological and economic viability, renewable chemicals appear poised for meaningful market growth.
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theinsightweb · 4 months
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Lignin Products Market Outlook to 2031
The Insight Partners recently announced the release of the market research titled Lignin Products Market Outlook to 2031 | Share, Size, and Growth. The report is a stop solution for companies operating in the Lignin Products market. The report involves details on key segments, market players, precise market revenue statistics, and a roadmap that assists companies in advancing their offerings and preparing for the upcoming decade. Listing out the opportunities in the market, this report intends to prepare businesses for the market dynamics in an estimated period.
Is Investing in the Market Research Worth It?
Some businesses are just lucky to manage their performance without opting for market research, but these incidences are rare. Having information on longer sample sizes helps companies to eliminate bias and assumptions. As a result, entrepreneurs can make better decisions from the outset. Lignin Products Market report allows business to reduce their risks by offering a closer picture of consumer behavior, competition landscape, leading tactics, and risk management.
A trusted market researcher can guide you to not only avoid pitfalls but also help you devise production, marketing, and distribution tactics. With the right research methodologies, The Insight Partners is helping brands unlock revenue opportunities in the Lignin Products market.
If your business falls under any of these categories – Manufacturer, Supplier, Retailer, or Distributor, this syndicated Lignin Products market research has all that you need.
What are Key Offerings Under this Lignin Products Market Research?
Global Lignin Products market summary, current and future Lignin Products market size
Market Competition in Terms of Key Market Players, their Revenue, and their Share
Economic Impact on the Industry
Production, Revenue (value), Price Trend
Cost Investigation and Consumer Insights
Industrial Chain, Raw Material Sourcing Strategy, and Downstream Buyers
Production, Revenue (Value) by Geographical Segmentation
Marketing Strategy Comprehension, Distributors and Traders
Global Lignin Products Market Forecast
Study on Market Research Factors
Who are the Major Market Players in the Lignin Products Market?
Lignin Products market is all set to accommodate more companies and is foreseen to intensify market competition in coming years. Companies focus on consistent new launches and regional expansion can be outlined as dominant tactics. Lignin Products market giants have widespread reach which has favored them with a wide consumer base and subsequently increased their Lignin Products market share.
Report Attributes
Details
Segmental Coverage
Source
Cellulosic Ethanol
Kraft Pulping
Sulphite Pulping
Product Type
High-purity lignin
Kraft lignin
Ligno-sulphonates
Other Product Types
Application
Activated Carbon
Animal Feed
Carbon Fibers
Concrete Additives
Dispersants
Phenol and Derivatives
Plastics/Polymers
Resins
Vanillin
Other Applications
Regional and Country Coverage
North America (US, Canada, Mexico)
Europe (UK, Germany, France, Russia, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, Australia, Rest of APAC)
South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)
Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)
Market Leaders and Key Company Profiles
Asian Lignin Manufacturing Pvt. Ltd.
Borregaard Lignotech
Changzhou Shanfeng Chemical Industry Co. Ltd.
Domsjo Fabriker Ab.
Domtar Corporation
Green Agrochem Pvt. Ltd.
Greenvalue Sa
Nippon Paper Industries Co. Ltd.
Rayonier Advanced Materials
Stora Enso Oyj
Other key companies 
What are Perks for Buyers?
The research will guide you in decisions and technology trends to adopt in the projected period.
Take effective Lignin Products market growth decisions and stay ahead of competitors
Improve product/services and marketing strategies.
Unlock suitable market entry tactics and ways to sustain in the market
Knowing market players can help you in planning future mergers and acquisitions
Visual representation of data by our team makes it easier to interpret and present the data further to investors, and your other stakeholders.
Do We Offer Customized Insights? Yes, We Do!
The The Insight Partners offer customized insights based on the client’s requirements. The following are some customizations our clients frequently ask for:
The Lignin Products market report can be customized based on specific regions/countries as per the intention of the business
The report production was facilitated as per the need and following the expected time frame
Insights and chapters tailored as per your requirements.
Depending on the preferences we may also accommodate changes in the current scope.
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.
Contact Us: www.theinsightpartners.com
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nsepcs-blog · 5 months
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 Ethanol Plant Setup Consultants: Guiding Your Project in India
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In the wake of increasing emphasis on renewable energy sources and sustainable practices, ethanol production has emerged as a crucial component of the global energy landscape. In India, where the demand for ethanol is on the rise, establishing ethanol plants presents a promising opportunity for businesses looking to contribute to the renewable energy sector while also diversifying their portfolio.
However, setting up an ethanol plant involves navigating a complex landscape of regulations, technical requirements, and market dynamics. This is where the expertise of ethanol plant setup consultants becomes invaluable. Among these, NSEPC stands out as a trusted partner, offering comprehensive guidance and support to businesses embarking on ethanol production ventures in India.
To Visit the to know more :- ethanol plant setup consultants in India
Contact us
Phone No:- +919818609767
Understanding Ethanol Production
Before delving into the role of consultants, it's essential to grasp the fundamentals of ethanol production. Ethanol, a renewable fuel derived from plant materials such as sugarcane, corn, or cellulosic feedstocks, is widely used as a biofuel additive in gasoline. Its production involves processes such as fermentation, distillation, and dehydration, each requiring specialized knowledge and equipment.
The Role of Ethanol Plant Setup Consultants
NSEPC, as a leading consultancy firm specializing in ethanol plant setup, plays a pivotal role in ensuring the success of ethanol production projects. Here's how:
Regulatory Compliance: Navigating the regulatory landscape is crucial for any ethanol production project. Consultants at NSEPC are well-versed in the regulatory requirements pertaining to ethanol production, including licensing, environmental clearances, and compliance with ethanol blending mandates.
Technical Expertise: From selecting the appropriate technology for ethanol production to designing the plant layout and optimizing process efficiency, NSEPC's consultants offer technical expertise at every stage of project development. Their deep understanding of ethanol production processes helps streamline operations and maximize output.
Market Insights: Assessing market demand and pricing dynamics is essential for the success of an ethanol plant. NSEPC provides valuable market insights and feasibility studies to help businesses make informed decisions regarding plant location, capacity, and product positioning.
Project Management: Managing a complex project like ethanol plant setup requires meticulous planning and execution. NSEPC offers end-to-end project management services, overseeing everything from procurement and construction to commissioning and startup, ensuring timely completion and adherence to budgetary constraints.
Conclusion
Establishing an ethanol production facility in India presents lucrative opportunities for businesses seeking to invest in renewable energy and contribute to the nation's energy security goals. However, the success of such ventures hinges on strategic planning, technical expertise, and regulatory compliance. With NSEPC as your trusted partner, you can navigate the intricacies of ethanol plant setup with confidence, knowing that you have the support of seasoned consultants dedicated to guiding your project to success.
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Exploring the Bioethanol Market: Key Drivers and Challenges
Bioethanol: An Alternative Fuel for the Future Introduction With concerns regarding climate change and energy security rising, countries around the world are urgently seeking renewable and sustainable alternatives to fossil fuels. Bioethanol produced from plant biomass has emerged as one such promising alternative. In this article, we will examine what bioethanol is, how it is produced, its potential benefits and drawbacks as a transport fuel, and prospects for its future production and use. What is Bioethanol? Bioethanol, also known as fuel ethanol, is a clean-burning, renewable motor vehicle fuel produced from plant biomass such as corn, sugarcane and other crop residues. Unlike fossil fuels which are derived from ancient plant and animal remains, bioethanol is produced from recent plant biomass through biomass-to-fuel technologies. The most common type of bioethanol is produced through fermentation of plant starches and sugars. This produces a pure alcohol called ethyl alcohol or ethanol which can be used directly in specially-modified vehicle engines or blended with gasoline. Production of Bioethanol The production of bioethanol  involves several steps. First, the starch-containing crops such as corn or sugarcane must be cultivated and harvested from farms. Then, the starch is separated from the plant matter through various mechanical and chemical processes such as milling, liquefaction and saccharification. This converts the starches into simple sugars like glucose. The sugars are then fermented by yeast into ethanol. Finally, the ethanol is separated from the fermentation broth through distillation. The leftover solids can be used as animal feed. Unblended or neat ethanol is used in flexible fuel vehicles while it is blended in small percentages (10% or less) with gasoline to increase octane levels. Potential Benefits
Promoting the use of bioethanol offers several economic, environmental and energy security benefits compared to gasoline: - Renewable resource: Bioethanol is produced from recent plant biomass which can be regrown, unlike fossils fuels. This makes it a renewable fuel source. - Reduce emissions: Multiple lifecycle analyses show bioethanol reduces greenhouse gas emissions by around 50% compared to gasoline depending on feedstock and production methods used. It also produces less tailpipe emissions. - Reduce petroleum imports: Increased bioethanol blending can help reduce reliance on imported petroleum and geopolitical uncertainties in oil markets. Countries like U.S. and Brazil have already achieved this to some degree. Potential Drawbacks and Challenges
While bioethanol holds promise, a few potential issues need to be addressed for large-scale adoption: - Land and water usage: Cultivation of bioethanol feedstock requires substantial amounts of agricultural land and freshwater usage which can compete with food production. Advanced biofuels from lignocellulosic biomass address this issue by using non-edible biomass. - Infrastructure: More FFVs and higher- blend pumps are needed for consumers to access higher ethanol blends. Fuel tanks and infrastructure also need to be modified for neat ethanol. This requires major capital investments. - Cost competitiveness: Though production costs are falling, bioethanol remains more expensive to produce than gasoline on energy basis currently. Optimization of yields and lowering capital costs are critical. - Food prices: Increased biofuel production can potentially raise price volatility in agricultural markets by diverting crops away from food. Sustainable sourcing practices are needed. The Future of Bioethanol To overcome these challenges and realize the large-scale benefits of bioethanol, production is evolving in the following ways: - Second-generation biofuels: The focus is shifting to cellulosic or lignocellulosic feedstocks like agricultural residues, energy crops and woody biomass which don't compete with food production. Technologies to convert cellulose and hemicellulose into sugars are advancing. - Higher blends: Countries are allowing expanded use of bioethanol blends higher than 10% like E15 and E85 to tap its full potential. With corresponding modifications to infrastructure and vehicles. - Policy support: Fiscal incentives and blending mandates have helped scale up production capacity significantly in nations like U.S., Brazil and others to displace fossil fuel usage. Stable policy signals are crucial. - Investment in R&D: Efforts to develop innovative conversion processes, crop varieties with higher yields, infrastructure improvements and integrated biorefineries to maximize value from biomass are ongoing with both public and private funding. Conclusion In conclusion, if produced sustainably and scaled up intelligently, bioethanol has strong potential to emerge as a commercially viable transport fuel that can slash emissions and curb oil dependence substantially over the coming decades. Continuous innovations to address challenges, stable policy support and international collaboration will be key to unlock bioethanol's potential as a renewable fuel for the future.
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esglatestmarketnews · 8 months
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How the Biofuel Industry is Embracing ESG Principles
Stakeholders are counting on environmental, social and governance (ESG) goals to decarbonize the supply chain of the biofuel industry. The global push to replace fossil fuels with biofuels has sparked innovations and prompted industry players to invest in renewable feedstock. Sustainable solutions will warrant infrastructure developments, demand signals and sound corporate governance. Energy companies will likely consider ESG risks and opportunities for a low-carbon economy.
The need for clean energy has spurred the penetration of renewable sources. According to an IEA report, in the net zero scenario, biofuel produced from residues, wastes and dedicated crops that do not compete with food crops account for 50% of the biofuels consumed in 2030. Moreover, biofuels can prevent 4.4% of global road transport oil use. 
Businesses are responding to the need for low-carbon fuels to help decarbonize the automotive, transport, marine and aviation sectors. For instance, Raízen produced approximately 3 billion liters of ethanol from sugar cane, while around 26 million liters of second-gen cellulosic ethanol from inedible agricultural waste in 2022. Besides, during the same period, Shell inked a non-binding MoU with Lufthansa to supply sustainable aviation fuel (SAF) to help reduce carbon emissions from air travel. 
All that glitter is not gold. Green campaigners claim that biofuels could disrupt land use patterns that may lead to increased GHG emissions, air and water pollution and pressure on water resources, thereby augmenting food prices. According to Transport & Environment, palm biodiesel is three times worse for the climate than fossil fuel. Besides, the watchdog claimed that every day around 19 million bottles of rapeseed and sunflower oil, and 14 million bottles of soy and palm oil are burned across Europe. Amidst the flak received from governing bodies, forward-looking companies and innovators are expected to bolster their ESG profile to enhance their brand values. 
Valero Energy Emphasizes Reducing Scope 1 and 2 Emissions
Sustainable fuels have become paramount in contributing to the energy transition and a decarbonized economy. Forward-looking companies, such as Valero, have bolstered their emission targets and are gearing up to propel a low-carbon economy. The company has injected over USD 4.65 billion into low-carbon fuels business. In 2021, it allocated over 70% of the growth capital to low-carbon projects. Furthermore, the U.S.-based company is on course to minimize and displace 100% of refinery Scope 1 and 2 GHG emissions by 2035. 
The petroleum refinery is expected to augment the total annual capacity of the new renewable diesel plant to 1.2 billion gallons and 50 million gallons of renewable naphtha. Similar to Shell, Valero has spurred emphasis on sustainable aviation fuel: it is assessing the engineering capability to include SAF in the new renewable diesel facility in Port Arthur. Renewable fuel and SAF could be game changer to undergird the ESG profile and create long-term value for stockholders.
Diversity and Equity Garner Headlines in Bunge Limited
Mental well-being and diversity, to name a few, have become the bedrock for organizations to propel their ESG rankings. With shifting trends, training, diversity, equity and inclusion have amassed huge attention across business verticals. In 2021, Bunge offered its employees over 87,000 hours of training, while over 60 participants were in targeted female development programs. The company infers that around 44% of all new hires across the organization were women. 
Bunge Employee Resource Group has furthered its focus on community building and awareness initiatives, including Proud & Allied, Women @Bunge, Veterans, Bunge Global Black Network and Asian Professionals. Besides, the U.S-headquartered company also established a “Together We Grow” consortium—a coalition (public-private) between food companies, agriculture, the USDA, nonprofits and universities—to address diversity and inclusion within the food and agriculture sectors in the U.S. Brands will potentially put their energy into building an organization that complements diversity and fair representation at every level.
Is your business one of participants to the Biofuel Industry? Contact us for focused consultation around ESG Investing, and help you build sustainable business practices
Commitment to Ethics & Compliance Paves Way for Petrobras
A governance model that fosters transparency, ethics, compliance and integrity has become instrumental in fostering ESG practices. Petrobras has formed an Ethics Commission to oversee compliance with the Code of Conduct of the Federal Senior Management (CCAF). It also supervises the Compliance Program through the Statutory Audit Committee with the support of the Senior Management. 
Compliance risk management has gained ground to monitor, define, control and report actions as a riposte to the risks and prioritize money laundering, fraud & corruption, harassment, antitrust, conflict of interest, trade sanctions and embargoes. The organization asserts it has an independent board for the compliance program. Robust history of good governance and manufacturing biofuel ethically will enable companies to bring ESG solutions to farmers and customers. 
The competitive nature of the industry indicates sustainable sourcing of products and the role of biofuels across business verticals will steer the growth trajectory. Governments exhibited resilience amidst havoc wracked by the COVID-19 pandemic. In June 2022, the USDA announced pouring USD 700 million to restore sustainable fuel markets grappling with the outbreak. Besides, the Wall Street Journal was reported to have mentioned that Archer Daniels Midland (ADM) would receive USD 50 million in U.S. aid to tone down losses during the pandemic. These ESG trends validate Grand View Research’s projected CAGR of the global biofuel market at 6.9% between 2019 and 2024.
Related Reports:
Biomass Power Industry ESG: https://astra.grandviewresearch.com/biomass-power-industry-esg-outlook
Hydrogen Generation Industry ESG: https://astra.grandviewresearch.com/hydrogen-generation-industry-esg-outlook
Solar Energy Generation Industry ESG: https://astra.grandviewresearch.com/solar-energy-generation-industry-esg-outlook
About Astra – ESG Solutions by Grand View Research
Astra is the Environmental, Social, and Governance (ESG) arm of Grand View Research Inc. - a global market research publishing & management consulting firm.
Astra offers comprehensive ESG thematic assessment & scores across diverse impact & socially responsible investment topics, including both public and private companies along with intuitive dashboards. Our ESG solutions are powered by robust fundamental & alternative information. Astra specializes in consulting services that equip corporates and the investment community with the in-depth ESG research and actionable insight they need to support their bottom lines and their values. We have supported our clients across diverse ESG consulting projects & advisory services, including climate strategies & assessment, ESG benchmarking, stakeholder engagement programs, active ownership, developing ESG investment strategies, ESG data services, build corporate sustainability reports. Astra team includes a pool of industry experts and ESG enthusiasts who possess extensive end-end ESG research and consulting experience at a global level.
For more ESG Thematic reports, please visit Astra ESG Solutions, powered by Grand View Research
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endrusmithreal · 8 months
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Cyclohexane Prices, Trends & Forecasts | Provided by Procurement Resource
Cyclohexane (C6H12) is a colorless fluid with a mild sweet smell. It is partially soluble in water and completely in alcohol, acetone, benzene, ethanol, ethyl ether, olive oil, and carbon tetrachloride. The melting point of this volatile compound ranges around 6.47 °C and the boiling point measures around 80.7° C. It is an alicyclic hydrocarbon comprised of 6 carbon atoms formed in a hexagon arrangement. Cyclohexane is a flammable fluid, non-corrosive. The dehydration of cyclohexanol and using concentrated phosphoric acid results in the production of cyclohexane.
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The key importing countries include Vietnam, India, and the Netherlands. On the other hand, the primary exporting countries are Vietnam, Germany, and Belgium.
Key Details About the Cyclohexane Price Trends:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Cyclohexane price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The cyclohexane price trends, including India Cyclohexane price, USA Cyclohexane price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Cyclohexane Price Trends:
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Cyclohexane is used commercially as a solvent to dissolve cellulose, ether, fats, waxes, spot removers, cellulosic, natural and synthetic resins, lacquers, and crude rubber. It is also used to manufacture perfumes, nylon 66 produced by a synthesis of adipic acid, plastics, paint, varnish remover, and much more.
Furthermore, Cyclohexane is used to make solid fuel for camp stoves, recrystallize medium glass substitutes, solid fuels, and adhesives. It synthesizes chemicals like benzene, cyclohexyl chloride, cyclohexanol, cyclohexanone, nitro-Cyclohexane, and many other chemical compounds for large-scale production. Here benzene and cyclopentane are the significant chemicals produced by Cyclohexane specifically.
Key Players:
BASF SE
Chevron Phillips Chemical Company
ExxonMobil Chemical Holland B.V.
Henan GP Chemicals Co., Ltd.
News & Recent Development
Date: 10 April 2023- RUDN experts to find a new catalyst that provides more efficient oxidation of Cyclohexane. The process produces adipic acid which is used in manufacturing household chemicals, food additives and other substances.
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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pearlsmith25 · 9 months
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Ethanol Market Renaissance: Transforming Waste into Green Gold
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Ethanol is a biofuel produced by fermentation of sugary crops such as corn and sugarcane. It is blended with gasoline to reduce greenhous gas emissions and also to increase octane rating of gasoline. Ethanol is an environmentally-friendly fuel that produce lower levels of most air pollutants and greenhouse gas emissions compared to petroleum-based gasoline. Growing concerns regarding carbon emissions and depletion of fossil fuels is driving the demand for clean fuels like ethanol. The global ethanol market is estimated to be valued at US$ 114.02 Bn in 2023 and is expected to exhibit a CAGR of 3.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity:
Growing Demand for Clean Fuel
Stringent regulations regarding reduction of vehicle emissions along with high gasoline prices are expected to drive the demand for clean burning fuel such as ethanol. Government policies and mandates by environmental agencies to promote use of biofuels for achieving emission reduction targets will boost the ethanol market size over the forecast period. Increasing blending rates of ethanol with gasoline in various countries to replace fossil fuel-based gasoline presents tremendous growth opportunity for ethanol market. Advancement in cellulosic ethanol production technology can further reduce production costs and drive higher adoption of ethanol blended fuels. Porter's Analysis Threat of new entrants: The ethanol market has moderate barriers to entry due to capital requirements for production facilities. However, technology advancements have reduced requirements. Bargaining power of buyers: Ethanol producers have moderate bargaining power over fuel suppliers and car manufacturers as alternatives are available. Bargaining power of suppliers: Corn suppliers, the key raw material, have significant bargaining power over ethanol producers due to their control over prices and supplies. Threat of new substitutes: Growing prominence of electric vehicles poses a threat, though widespread adoption may take time due to infrastructure hurdles. Competitive rivalry: Intense competition exists among existing producers to gain market share through expansion and technological innovation. SWOT Analysis Strengths: Ethanol is a renewable fuel and helps reduce dependence on imports. Supportive government policies and blending mandates boost growth. Weaknesses: Raw material price fluctuations impacts profits. Infrastructure constraints impede use beyond blending with gasoline. Opportunities: Rising gasoline demand from developing nations offers new export avenues. Technological advances can boost efficiency and lower costs. Threats: Changing fuel economy standards and incentives affect usage. Competitive pressure from other biofuels and electric vehicles looms large. Key Takeaways The global ethanol market is expected to witness high growth over the forecast period driven by supportive policies and blending mandates. The global ethanol market is estimated to be valued at US$ 114.02 Bn in 2024 and is expected to exhibit a CAGR of 3.9% over the forecast period 2023 to 2030.
The largest and fastest growing regional market is North America where the US dominates owing to the nation's massive corn supplies and RFS program. Asia Pacific is also anticipated to offer lucrative opportunities for ethanol producers and suppliers. Many US and European ethanol producers are also establishing production facilities in Asia to capitalize on the growing demand. Key players operating in the ethanol market are Archer Daniels Midland Company (ADM), Valero Energy Corporation, Green Plains Inc., Flint Hills Resources LP, and POET LLC. ADM and Valero lead global production and trading respectively and are focusing on capacity expansions. Green Plains and POET are prominent producers investing in upgrading technologies for higher yields and efficiency.
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jayanthitbrc · 11 months
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Global Advanced Biofuels Market Overview: Analyzing Growth with Key Drivers and Trends
The Advanced Biofuels Global Market Report 2023, provides comprehensive information on the advanced biofuels market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Advanced Biofuels Market’s Growth: https://www.thebusinessresearchcompany.com/report/advanced-biofuels-global-market-report
As per The Business Research Company’s Advanced Biofuels Global Market Report 2023, the global advanced biofuels market size is expected to grow from $53.79 billion in 2022 to $81.79 billion in 2023 at a compound annual growth rate (CAGR) of 41.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global advanced biofuels market size is expected to reach $325.63 billion in 2027 at a CAGR of 41.3%.
Get A Free Sample Of The Report (Includes Graphs And Tables):
Product innovations are the key trends gaining popularity in the advanced biofuels market going forward. Major companies in the advanced biofuels market are focusing on launching innovative products to sustain their position in the market. For instance, in February 2023, PRIO, a Portugal-based producer of biofuels, launched the ECO Bunkers B30 biofuel, a new 30% advanced biofuel blend. It is a brand-new biofuel product that contains 30% advanced biofuel made from waste raw materials. The fuel is combined at PRIO's tank terminal in Aveiro after being manufactured at its biodiesel plant.
The advanced biofuels market is segmented:
1) By Fuel Type: Cellulosic Ethanol, Biofuel, Biobutanol, BioDME, Other Fuel Types
2) By Processing Technology: Thermochemical, Biochemical
3) By Raw Material: Jatropha, Camelina, Algae, Simple Lignocellulose, Other Raw Materials
North America was the largest region in the advanced biofuels market in 2022.
The table of contents in TBRC’s advanced biofuels market report includes:
1. Executive Summary
2. Advanced Biofuels Market Characteristics
3. Advanced Biofuels Market Trends And Strategies
4. Advanced Biofuels Market - Macro Economic Scenario …… 28. Key Mergers And Acquisitions In The Advanced Biofuels Market
29. Advanced Biofuels Market Future Outlook and Potential Analysis
30. Appendix
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vanshika393 · 1 year
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Ethanol To Jet Fuel (ETJ) Processing Technology Market Size and Growth Analysis with Trends, Key players & Outlook to 2030
The latest market report published by Credence Research, Inc. “Global Ethanol To Jet Fuel (ETJ) Processing Technology Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028. The global ethanol-to-jet fuel etc, processing technology has witnessed steady growth in recent years and is expected to continue growing at a CAGR of XX% between 2023 and 2030. The market was valued at USD XX billion in 2022 and is expected to reach USD XX billion in 2030.
Ethanol To Jet Fuel (ETJ) Processing Technology refers to the technology and processes used to convert ethanol, a biofuel primarily produced from renewable sources like corn, sugarcane, or cellulosic biomass, into jet fuel. The goal of ETJ processing technology is to produce a sustainable and renewable alternative to traditional aviation fuels derived from fossil sources such as crude oil. The ETJ processing technology market involves various companies and research institutions working on developing and commercializing processes for converting ethanol into aviation-grade jet fuel.
Here are some key opportunities in the ETJ processing technology market:
Growing Demand for Sustainable Aviation Fuels: The aviation industry is under increasing pressure to reduce its carbon footprint. Governments, airlines, and environmental organizations are all pushing for the adoption of SAFs. ETJ is a promising option due to its potential to produce SAFs from renewable ethanol sources.
Policy Support and Incentives: Many governments around the world are implementing policies and incentives to promote the production and use of SAFs. These policies can include tax credits, subsidies, and mandates for SAF blending in aviation fuel. ETJ technology providers can benefit from these supportive policies.
Partnerships and Collaborations: Collaborations between technology developers, airlines, and ethanol producers can accelerate the commercialization of ETJ processing technology. Such partnerships can help share the risks and resources required for scaling up production.
Reduced Carbon Intensity Standards: Airlines and governments are setting targets to reduce the carbon intensity of aviation fuels. ETJ technologies have the potential to meet these standards, making them attractive for long-term investment.
Some of the major players in the market and their market share are as follows:
Honeywell
AltAir Fuels
Amyris Inc
Biojet Fuel Corporation
Biothermica S.A.
Fulcrum BioEnergy Inc.
Gevo Inc.
Ginkgo BioWorks
Infinity Clean Energy LLC
Browse 238 pages report Ethanol To Jet Fuel (Etj) Processing Technology Market By Feedstock (Sugar cane, Corn, Other agricultural waste) By Technology (Fermentation, Distillation, Hydro-Processing)-Growth, Future Prospects & Competitive Analysis, 2016 – 2030 - https://www.credenceresearch.com/report/ethanol-to-jet-fuel-etj-processing-technology-market
Key Segments
By Feedstock
Sugar cane
Corn
Other agricultural waste
By Technology
Fermentation
Distillation
Hydro-Processing
By Application
Commercial Aviation
General aviation
Military aviation
These market dynamics include:
Environmental Regulations and Concerns: Increasing concerns about climate change and greenhouse gas emissions have led to stricter environmental regulations in the aviation industry. ETJ technology is driven by the need to reduce the carbon footprint of aviation, making it an attractive option for airlines seeking to comply with these regulations.
Volatility in Crude Oil Prices: The price volatility of crude oil can significantly affect the competitiveness of ETJ technology. When oil prices are high, alternative fuels like ETJ become more economically viable, encouraging investment and adoption.
Government Policies and Incentives: Government support in the form of subsidies, tax credits, and research grants can have a significant impact on the development and deployment of ETJ technology. Policies that promote the use of sustainable aviation fuels can drive market growth.
Technological Advancements: Advances in ETJ processing technology can lead to increased efficiency and reduced production costs. As the technology improves, it becomes more attractive to both investors and the aviation industry.
Why to Buy This Report-
The report provides a qualitative as well as quantitative analysis of the global Ethanol To Jet Fuel (ETJ) Processing Technology Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.
The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.
Major nations in each region with their import/export statistics
The global Ethanol To Jet Fuel (ETJ) Processing Technology Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.
Browse Complete Report - https://www.credenceresearch.com/report/ethanol-to-jet-fuel-etj-processing-technology-market
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Related Reports- https://www.credenceresearch.com/report/petrochemical-processing-equipment-market
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chemanalystdata · 1 year
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Ethyl Acetate Market | Global Industry Size, Growth, Analysis & Forecast to 2030 | ChemAnalyst
According to ChemAnalyst report, “Ethyl Acetate Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, Ethyl Acetate market has witnessed a considerable growth as it reached 3.2 million tonnes in 2020 and is expected to grow a healthy global CAGR of 4.50% in the forecast period. Continuously growing demand of Ethyl Acetate for the production of various coating formulations such as urethanes, epoxies, cellulosics, acrylics, vinyl, and others by the paints and coatings industry is likely to boost the global Ethyl Acetate market over the next ten years. The production of Ethyl Acetate is highly related with safety concerns on the human health before it can be further manufactured, which further enhances the compliance standards.
Ethyl Acetate is an organic ester compound having the molecular formula C4H8O2. It is a flammable and colorless liquid, which has the characteristic of a sweet fruity smell. Ethyl Acetate, as also known as Ethyl Ethanoate, is an important commodity chemical used in various industrial and commercial applications. Ethyl Ethanoate is primarily used as solvents and diluents for cleaning mixtures, paints, coatings, varnishes, adhesives, lacquers and perfumes. It is extensively used as a component of nail polish removers and lacquer thinners. In laboratories, solvent of Ethyl Acetate is commonly used in thin-layer and column chromatography. Ethyl Ethanoate is manufactured by two methods including esterification of Ethanol and Acetic acid, and catalytic condensation of Acetaldehyde with Alkoxides. Although, in fruits it occurs naturally, where it is responsible for the taste and smell of the fruit.
Read Full Report Here: https://www.chemanalyst.com/industry-report/ethyl-acetate-market-632        
The global Ethyl Acetate market on the basis of end-use industries can be segmented into paints and coatings, food and beverages, automotive, construction, packaging, and others. Global demand of Ethyl Acetate is dominated by the paints and coatings industry as it is widely used in paints and coatings as an activator and hardener. Exponentially rising demand of Ethyl Acetate by the paints and coatings industry is likely to bolster in the forecast period as well due to increasing construction activities across the globe. Increasing demand of Ethyl Acetate in the food and beverage industry is expected to rise in the near future as it is acceptable for food applications like artificial flavor enhancer in confectionery items and decaffeinating tea and coffee. In emerging economies, the initiatives of government for the construction of commercial buildings, including hotels and resorts, are augmenting the demand for floor coatings, which will further boost the global market of Ethyl Acetate in upcoming years. Rising demand of Ethyl Acetate solvents by the packaging industries to manufacture flexographic and rotogravure inks, will fuel the global Ethyl Acetate market in the next few years. Owing to the robust demand of Ethyl Acetate by the pharmaceutical industry is expected to drive the global market of Ethyl Acetate in the future.
The outbreak of COVID-19 had a negative impact on the global Ethyl Acetate market. Several industries including paint and coatings, construction, printing, packaging, aerospace, and others were drastically affected due to interruptions in the global supply chain. There was a severe decline in the sales and demand of Ethyl Acetate solvents as many production units halted their operations during the first half of 2020. Once the restrictions imposed by the leading authorities are uplifted, major end-user industries including paints and coating and flexible packaging, will accelerate the demand of Ethyl Acetate around the world by the end of the year.
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Among different regions, Asia Pacific region holds the major share of the global demand of Ethyl Acetate. Rapidly growing urbanization and income levels in populous countries like China and India, is driving the dominance of global Ethyl Acetate market in the Asia Pacific region and is forecasted to grow significantly until 2030. Rising construction activities in the Asia Pacific region will further augment the demand of Ethyl Acetate in the future. Expansion of major end-user industries including automotive, flexible packaging, paints and coatings is another factor driving the demand of Ethyl Acetate in the Asia Pacific region.
Some of the major players operating in Ethyl Acetate market include Celanese Corporation, Eastman Chemical Company, INEOS Capital Limited., Celanese Corporation, Jubilant Life Sciences Limited, Sipchem, Lonza, Sekab, PT. Indo Acidatama Tbk., Solvay, Merck KGaA, Shandong Jinyimeng Group Co. Ltd., DAICEL CORPORATION, KAI CO., LTD., and Others. 
“Rapidly growing demand for Ethyl Acetate by the flourishing paints and coatings industry as well as flexible packaging industry across the globe is likely to boost the global Ethyl Acetate market in the forecast period until 2030. Initiatives of the government for the construction of commercial buildings and building of smart cities in the Asia Pacific region, will further augment the market growth of Ethyl Acetate in the next few years. As China is the world's largest producer of automobiles, rising demand of Ethyl Acetate solvents by the automotive industry will flourish the global Ethyl Acetate market in upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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ChemAnalyst is a subsidiary of Techsci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.
The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.
ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.
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barnj898 · 1 year
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Why Renewable Fuels are the Future of Fleet Fueling?
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In recent years, there has been a significant shift towards renewable energy sources, driven by concerns about climate change and the need to reduce greenhouse gas emissions. Renewable fuels have emerged as a cleaner and more sustainable alternative to fossil fuels, and are increasingly being adopted for use in fleet fueling. This article explores why renewable fuels are the future of fleet fueling, and why they offer a cleaner and more sustainable option for the transport industry.
What are Renewable Fuels?
Renewable fuels are liquid or gaseous fuels that are derived from renewable resources such as vegetable oils, animal fats, and agricultural waste. They are also known as biofuels, and are produced through various processes such as fermentation, distillation, and hydrolysis. There are two main types of renewable fuels: ethanol and biodiesel.
Ethanol is a renewable fuel that is produced by fermenting sugars and starches found in crops such as corn, sugarcane, and sorghum. It is typically mixed with gasoline to produce a blend known as E10, which is 10% ethanol and 90% gasoline. Ethanol has a higher octane rating than gasoline, which improves engine performance, and it also produces fewer emissions.
Vegetable oils, animal fats, and other renewable resources are used to make biodiesel, a renewable fuel. It is typically blended with petroleum diesel to produce a blend known as B20, which is 20% biodiesel and 80% petroleum diesel. Biodiesel is a cleaner-burning fuel than diesel, and produces lower emissions of greenhouse gases and other pollutants.
Why Renewable Fuels are the Future of Fleet Fueling:
·       Environmental Benefits:
Renewable fuels offer significant environmental benefits over fossil fuels. They produce fewer emissions of greenhouse gases such as carbon dioxide, which contribute to climate change. For example, biodiesel produces up to 86% less carbon dioxide emissions than petroleum diesel. The use of renewable fuels can also reduce emissions of other pollutants such as nitrogen oxides and particulate matter, which are harmful to human health.
·       Energy Security:
Renewable fuels offer greater energy security for the transport industry, as they are produced from renewable resources that can be grown domestically. This reduces dependence on foreign oil imports and increases energy independence. For example, the use of ethanol in the United States reduced oil imports by 513 million barrels in 2019 alone.
·       Economic Benefits:
Renewable diesel offers economic benefits for the transport industry. They can create new jobs in the agriculture and biofuels industries, and reduce transportation costs for businesses by providing a stable and affordable fuel supply. They can also help to reduce price volatility in the fuel market, as renewable fuels tend to be less affected by global oil prices.
·       Regulatory Compliance:
Renewable fuels are becoming increasingly important for regulatory compliance, as governments around the world introduce policies to reduce greenhouse gas emissions and promote the use of renewable energy sources. For example, in the United States, the Renewable Fuel Standard (RFS) requires a certain amount of renewable fuels to be blended into transportation fuel each year. The use of renewable fuels can also help fleets to comply with emissions standards such as the Clean Air Act and the Paris Agreement.
·       Technological Advancements:
Technological advancements are making renewable fuels more efficient and cost-effective, and are driving innovation in the transport industry. For example, the use of advanced biofuels such as cellulosic ethanol and renewable diesel is increasing, as these fuels offer even greater environmental benefits and can be produced from sources that are not food, such algae and agricultural waste.
Conclusion:
Renewable fuels offer a cleaner, more sustainable, and more secure option for fleet fueling. They provide significant environmental benefits, reduce dependence on foreign oil imports, create new jobs, and help businesses to comply with regulatory requirements. Technological advancements are making renewable diesel more efficient and cost-effective, and are driving innovation in the transport industry. As the world transitions towards a low-carbon economy, renewable fuels will play an increasingly important role in the future of fleet fueling.
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meadowslark · 4 years
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Farm Catch Up: RIP Ethanol
Some of you may remember “Grouchy Farmer” from the days he had a Tumblog under that name. He is farsighted, with an excellent perspective on the realities of U.S. agriculture.
2020 was a bad year for the ethanol industry. This was due to the pandemic, of course, but only partly. A lot of production facilities had to cut back, even temporarily close. Some shut down completely and will probably never be brought back online. Adding to the problems the industry is facing is the fact that they primarily use corn as the base material to make ethanol from, and corn prices have jumped up to $5.50 a bushel and show no signs of going down any time soon. (It’s a bit ironic that an industry that was created, at least partly, as a government mandated program to push up corn prices is now threatened by high corn prices.)
But the real problem with the ethanol industry isn’t the pandemic or corn prices, it’s the fact that the entire ethanol fuel industry is dead and the promoters of this stuff simply refuse to admit it. Like it or not, it seems that the future of transportation is not the internal combustion engine, it is going to be electric motors.
At one time ethanol production was staggeringly inefficient. I remember studies from Cornell demonstrating that more energy was consumed in the production of corn, it’s transportation, the conversion to ethanol, and its distribution than was obtained from the eventual combustion.
That has changed over the decades, and with the development of cellulosic ethanol somewhere over the horizon we should see further efficiencies.
But whether I like it or not, Grouchy Farmer is spot on with his analysis.
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thetejasamale · 3 years
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Fuel Ethanol Market Trends: Growth, Share, Demand, Industry Analysis, Key Player profile and Regional Outlook by 2027
With very limited membership in the global petroleum business, search for alternatives is always on. One such alternative is ethanol. Market Research Future (MRFR) has published a research report about Global Fuel Ethanol Market that estimates rise for this market with 6.40% CAGR (Compound Annual Growth Rate) for this market between 2017 and 2023. In terms of value, the market that is worth the US $ 68.6 bn in 2016 is expected to be worth the US $ 99 bn in 2023. Some of the key factors driving the growth of Fuel Ethanol Market include increasing crude oil prices and 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 production of Fuel Ethanol and the use of biomass as a substitute of fuel ethanol for electricity generation can hamper the market growth. Get Complete Report @ https://www.marketresearchfuture.com/reports/fuel-ethanol-market-6691   The Global Fuel Ethanol Market has been segmented on the basis of Application, Product Type, and Region. Based on the Applications, this market has been segmented into alcoholic beverages, automotive, chemical feedstock, pharmaceuticals, and others. On the basis of Product Types, the market has been segmented into cellulosic, starch based, and sugar based. The Regional Segmentation of the Global Fuel Ethanol Market segments the market into continent-based regional markets known as North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa (MEA). North America has the potential to be the largest regional market due to established automotive industry, technological advancement, rising awareness regarding the need to curb carbon emissions, and the presence of many key market players in this region. The strong country-specific markets in this region are the United States of America (USA) and Canada. The rapid technological advancement makes North America a bigger market than Latin America. In Latin America, the strongest economies that have the potential to emerge as strong markets include Argentina, Brazil, and Mexico, followed by the rest of Latin America. Europe is another important regional market due to the high density of population, government imposed regulations regarding carbon emissions, the maximum technological advancement after North America, and established automotive industry in countries like Germany. In this region, the other major country-specific markets are France, Spain, Italy, Russia, and the United Kingdom (UK), followed by the rest of Europe. Asia Pacific is another crucial market and during the forecast period, it can be the fastest growing market due to rapid urbanization, rising disposable income, speedy economic development, growing demand for eco-friendly vehicles & fuel, and growing demand for eco-friendly vehicles as well as fuels. The primary country-specific markets in this region are Australia, China, India, Japan, and New Zealand, followed by the rest of the Asia Pacific region. The MEA region shows limited market with slow and steady growth. The reasons for the slow market growth in this region are use of available fuels like petroleum, limited availability of ethanol, lack of education, lack of awareness, lack of technological development, and political instability. Get a FREE Sample Now@ https://www.marketresearchfuture.com/sample_request/6691 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 International Inc. (USA).
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