#Germany Ethanol Derivatives Market
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Germany Ethanol Derivatives Market Analysis, Key Player, Business Opportunities, Current Trends and Forecast 2030 | ChemAnalyst
According to ChemAnalyst report, “Germany Ethanol Derivatives Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, 2015-2030”, The Ethanol Derivatives market is expected to reach approximately 26 thousand tonnes in 2030 at an expected CAGR of 3.96% in the forecast period. The surging demand for Ethanol Derivatives in Paints, Coating & Adhesives, Personal Care and Cosmetics, and Pharmaceutical is anticipated to favour the Ethanol Derivatives market expansion in the upcoming years.
Ethyl acetate and acetaldehyde are the two main substances that are ethanol derivatives. It is released during the production of synthetic leather and silk, as well as during the making of photographic plates and films. Ethyl acetate serves as a solvent in base coats, nail polish remover, nail polish, nitrocellulose, dry cleaning, stains, lacquers, varnishes, and other materials. In addition to flavouring, ethanol acetate is used to decaffeinate coffee and tea. Insecticides, fragrances, medications, and dyes are all produced using acetaldehyde as an intermediate. With increasing investments in its downstream industries, including cosmetics, paint & coatings, pharmaceuticals, etc., Germany's use of ethanol derivatives has significant potential of growth in the forthcoming years. Furthermore, owing to its eco-friendly attributes and ideal properties, it is expected to raise its preference significantly over other available alternatives in the forecasted period. The increased demand for ethanol as a renewable fuel and cleaning agent has led to an increase in ethanol production facilities, and ethanol derivatives have become increasingly popular due to their low cost and environmentally favourable nature compared to other petroleum derivatives.
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The Ethanol Derivatives market is segregated based on end-use, sales channel, and region. Based on the end-user industry, the Germany Ethanol Derivatives market is segregated into Paints, Coating & Adhesives, Personal Care and Cosmetics, Pharmaceutical, and Others. Although, the Paints, Coating & Adhesive industry is dominating the Ethanol Derivatives market in Europe and accounted for consumption of nearly 61% in 2022. Paints, Coating & Adhesive are expected to remain the major application of Ethanol Derivatives even in the forecasted period.
Based on region, the Germany Ethanol Derivatives market is divided into Southwest, Southeast, Northeast, and Northwest. Among these, Southwest is the leading consumer of Ethanol Derivatives and held a market share of approximately 50% which includes cities like Mannheim, Karlsruhe, Stuttgart, Freiburg, and Heidelberg. Furthermore, Southeast Germany is also a prominent consumer of Ethanol Derivatives.
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“Germany Ethanol Derivatives Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, 2015-2030”, Currently, there is only one domestic producer of Ethanol Derivatives in Germany which is CropEnergies AG. Other major players in the Europe Ethanol Derivatives market are Taco Chemical Company, Adokim Chemical Company, Sekab BioFuels and Chemicals AB, and Others.
“Ethanol Derivatives are quite useful and find applications in numerous industries, but mainly Paints, Coating & Adhesives industries are the key consumers. Germany's steadily rising need for environmentally friendly chemical components to manufacture paints and coatings is anticipated to drive demand for ethanol derivatives there through 2030. Growing usage of Bio-based ethanol with lower carbon emissions is further augmenting the market growth. Furthermore, greater steps by governments across Germany towards decarbonization and is lubricating the Ethanol Derivatives market expansion. “said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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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.
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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.
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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.
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Gasoline's Journey: Market Trends and Future Outlook
Gasoline, a vital transportation fuel for automobiles, is matched in usage within internal combustion engines (ICE) only by diesel fuel, which dominates the commercial vehicle sector. It is also employed as an aviation fuel for propeller aircraft and finds applications in recreational vehicles and certain marine vessels. Predominantly utilized as a fuel for spark-ignited internal combustion engines, gasoline is primarily composed of organic compounds derived from fractional oil refining. To enhance fuel performance, various additives are incorporated, and to mitigate pollution from fuel combustion, gasoline is blended with ethanol.
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Scope and Structure of the Market Analysis:
Market Size for the Years: 2020–2030
Base Year: 2020
Forecast Period: 2021–2030
Forecast Unit: Value (USD)
Segments Covered: End User, Region
Regions Covered: North America, Europe, Asia-Pacific, LAMEA
Notable Companies: Chevron Corporation, Exxon Mobil Corporation, PetroChina Company Limited, Qatar Petroleum, Reliance Industries Ltd.
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Impact of COVID-19:
The COVID-19 outbreak coincided with an already challenged oil market, exerting additional pressure on oil prices. The virus has raised concerns about potential business disruptions and economic impact. Reduced construction, tourism, entertainment, and factory closures in China have major implications. While the outbreak's containment could lead to optimistic oil price trends, the industry could face initial downward pressure due to ongoing uncertainties, potentially followed by OPEC production cuts and rising prices. The scale and interconnectedness of the outbreak compared to SARS in 2003 amplify its potential impact, especially given the substantial growth in Chinese trade and production over the years.
Key Influencing Factors:
Rising global population, increased vehicle numbers, and the accessibility of gasoline contribute to its prominence as a fuel.
However, the push for cleaner energy sources to curb carbon emissions may hinder market growth.
The transportation segment is expected to dominate the gasoline fuel market, with opportunities emerging from the use of portable gasoline generators in homes and events.
Market Trends:
Global Gasoline Exports: In 2019, China's increased gasoline exports to Mexico and Nigeria reflected growing demand amid new production trends.
Vehicle-Focused Consumption: Gasoline's primary role as a vehicle fuel has driven its growth, with global gasoline consumption reaching 24,324 thousand barrels per day in 2019.
Continued Growth: Europe, the Middle East, Africa, and Asia-Pacific regions have experienced substantial gasoline consumption growth due to industrialization and increased vehicle numbers.
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Key Market Segments:
End User: Transportation, Power Generation, Others
Region: North America (U.S., Canada, Mexico), Europe (UK, Germany, France, Italy, Spain, Rest of Europe), Asia-Pacific (India, China, Japan, Korea, Rest of Asia-Pacific), LAMEA (South Africa, Brazil, Saudi Arabia, Rest of LAMEA)
Report Benefits:
This comprehensive report offers an analytical depiction of the gasoline as a fuel industry, highlighting current trends and future investment opportunities.
It provides insights into key drivers, restraints, and opportunities, along with detailed market share analysis.
The report quantifies the market's growth scenario from 2020 to 2030, utilizing Porter's five forces analysis to assess buyer and supplier dynamics.
It presents a detailed competitive analysis, shaping the competition's trajectory in the years ahead.
Market Report Highlights:
End User Segmentation: Transportation, Power Generation, Others
Regional Analysis: North America (U.S., Canada, Mexico), Europe (UK, Germany, France, Italy, Spain, Rest of Europe), Asia-Pacific (India, China, Japan, Korea, Rest of Asia-Pacific), LAMEA (South Africa, Brazil, Saudi Arabia, Rest of LAMEA)
Key Market Players: Qatar Petroleum, Chevron Corporation, Reliance Industries Ltd., PetroChina Company Limited, Exxon Mobil Corporation
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Fueling the Future: The Biofuel Revolution
Biofuels Market are fuels produced directly or indirectly from organic material such as biomass including plant materials and animal waste. Biofuel is viewed as a source of renewable energy, unlike, fossil fuels for example, oil, coal, and petroleum gas. Biofuel is normally advocated as a cost-effective and environment friendly option in contrast to oil and other non-renewable energy sources, especially inside setting of rising oil costs and expanded worry over the commitments made by fossil fuels to global warming. Biofuels are in the form of solid, gaseous or liquid, where all these types of biofuel are used to signify liquid biofuel for transport of ethanol, which is a type of alcohol produced from any feedstock containing significant amount of sugar. Biofuels may be derived from agricultural crops, with conventional food plants or from special energy crops. It may also be produced from forestry, agricultural or fishery products or municipal wastes, as well as from agro-industry, food industry and food service by-products and wastes.
COVID-19 scenario analysis:
The global market for biofuels is severely impacted by the outbreak of the COVID-19 pandemic.
The COVID-19 pandemic saw a decline in the economic growth in almost all the major countries, thus affecting consumer spending patterns.
Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.
Thus, insufficiency in raw material supply is expected to hamper the production rate of biofuels, which negatively impact the market growth.
Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Foremost factor that contributes for its growth is it reduces carbon emission as it is produced from bio-mass that includes plants and animals. Studies suggest that biofuels reduce greenhouse gases up to 60%. Besides this, it is a cost-effective fuel as it reduces dependence over fossil fuels as the biofuel is generated from natural and organic products. However, there are some restraints for this market like, insufficient availability of feedstock such as algae, starch, and sugar that would hinder the growth of biofuel market, all the feedstocks does not possess the same performance, which is a concern for the future market growth. Though the shortage of raw materials can be met by growing more crops that is used in biofuels, this could greatly impact the regional biodiversity of the environment as more land will be used for fuel production.
New product launches to flourish the market
In 2020, INEOS and UPM Biofuels announced a long-term agreement to supply a renewable raw material for new and inventive bio-attributed polymers to be created at INEOS Köln, Germany. INEOS will utilize UPM BioVerno, a sustainable crude material from renewable residue of wood mash handling, to create bio-ascribed polyolefins. These new sustainable materials will be used in a wide scope of items from plastic food bundling to clinical and pipes. Applications also include BIOVYNTM, the world’s first commercially available bio-credited PVC, created by INOVYN an INEOS Business.
Surge in use of biofuel in industrial applications
Biofuel is serving in many sectors such as energy generation and cooking fuel but the sector where it has it more impact is transportation. Ethanol, a biofuel, can be used as a fuel substitute for petroleum fuel. Bioethanol has lower emissions of carbon dioxide than coal and gasoline which harm the environment. Apart from this, ethanol, a biofuel is used in alcoholic beverages, pharmaceuticals, and cosmetics. The starch and sugar-based feedstock type segment holds a significant share of the ethanol market and is expected to continue to the trend throughout the forecast period. Starch-based bioethanol uses corn, barley, wheat, and other starch raw materials as feedstock to produce ethanol.
Key benefits of the report:
This study presents the analytical depiction of the global Biofuel industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Biofuel market.
The current market is quantitatively analysed to highlight the global Biofuel market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global Biofuel market analysis based on competitive intensity and how the competition will take shape in coming years.
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Unlocking the Potential of Renewable Chemicals Market: A Path to a Greener Future
The renewable chemicals market refers to the production and utilization of chemicals derived from renewable sources such as biomass, agricultural waste, and other organic materials. These chemicals are considered sustainable alternatives to their petroleum-based counterparts, as they are produced from renewable feedstocks and have lower carbon footprints. The market for renewable chemicals has been witnessing significant growth in recent years, driven by increasing environmental concerns, government regulations, and the shift towards a more sustainable and circular economy.
Here is some comprehensive information about the renewable chemicals market:
Market Overview:
The renewable chemicals market encompasses a wide range of chemical products, including bio-based polymers, biofuels, bio-based solvents, bio-based acids, and others.
These chemicals find applications across various industries such as packaging, automotive, textiles, agriculture, pharmaceuticals, and personal care, among others.
The market is driven by the growing demand for environmentally friendly products, the need to reduce greenhouse gas emissions, and the depletion of fossil fuel reserves.
Government initiatives and policies promoting the use of renewable chemicals also contribute to market growth.
Key Drivers and Challenges:
Environmental Regulations: Stringent regulations on greenhouse gas emissions and increasing emphasis on sustainability drive the adoption of renewable chemicals.
Volatile Crude Oil Prices: Fluctuations in crude oil prices make renewable chemicals an attractive and more stable alternative.
Feedstock Availability: The availability of cost-effective and abundant feedstock plays a crucial role in the growth of the renewable chemicals market.
Technological Advancements: Continuous advancements in biotechnology and process innovation are expanding the range of renewable chemicals available in the market.
Economic Viability: Achieving economic competitiveness with traditional petroleum-based chemicals remains a challenge for renewable chemicals.
Product Segmentation:
Bio-based Polymers: Includes bio-based polyethylene terephthalate (PET), bio-based polyethylene (PE), bio-based polypropylene (PP), bio-based polyamides, and others. These polymers find applications in packaging, textiles, automotive, and construction industries.
Biofuels: Includes ethanol, biodiesel, biogas, and others. Biofuels are primarily used as transportation fuels and are blended with conventional fossil fuels.
Bio-based Solvents: Includes ethanol, glycols, lactate esters, and others. These solvents are used in various applications such as paints and coatings, adhesives, and cleaning products.
Bio-based Acids: Includes succinic acid, lactic acid, citric acid, and others. Bio-based acids have applications in the food and beverage, pharmaceutical, and personal care industries.
Others: Various other renewable chemicals such as bio-based surfactants, bioplastics, and bio-based resins contribute to the market growth.
Regional Analysis:
North America: The United States and Canada are the major contributors to the renewable chemicals market in North America. The region has a well-established biofuel industry and supportive government policies.
Europe: Several European countries have implemented renewable energy and sustainability targets, driving the demand for renewable chemicals. Germany, France, and the Netherlands are the prominent players in the European market.
Asia Pacific: The Asia Pacific region, particularly China and India, is witnessing rapid growth in renewable chemicals due to increasing industrialization, government initiatives, and a shift towards a greener economy.
Rest of the World: Countries in Latin America, the Middle East, and Africa are also recognizing the potential of renewable chemicals and are investing in their production and utilization.
Key Market Players:
NatureWorks LLC
Archer Daniels Midland Company
Corbion N.V.
Cargill, Incorporated
BASF SE
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Key Trends Shaping the Lecithin & Phospholipids Market
The lecithin & phospholipids market size is estimated to be valued at USD 5.5 billion in 2022 and is projected to reach USD 7.5 billion by 2027, recording a CAGR of 6.3% during the forecast period in terms of value. The demand for lecithin & phospholipids is attributed by the increasing awareness of healthy lifestyle among consumers.
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Key players in this market include Cargill (US), ADM (US), DuPont (US), IMCD Group B.V. (US), Bunge Limited (US), STERN-WYWIOL GRUPPE (Germany), Wilmar International Ltd. (Singapore), Sonic Biochem (India), Avril Group (France), American Lecithin Company (US).
The existing players in the lecithin & phospholipids market are fixated upon improving their market shares, while the newer startups are being established rapidly in the lecithin & phospholipids segment. Lecithin & phospholipids can be classified as a fragmented market as it has a large number of organized players at the global level as well as unorganized players present at the local level in several countries. There are numerous existing and emerging companies across the globe.
ADM is a well-established manufacturer of food & beverage ingredients, animal feed & feed ingredients, biofuels, and naturally derived alternatives to industrial chemicals. The company’s product portfolio includes vegetable oil, protein meal, corn sweetener, flour, biodiesel, ethanol, and other value-added food and feed ingredients.
The company provides lecithin under its food ingredient category. It offers a broad portfolio of fluid lecithin, de-oiled lecithin, and non-GMO soy lecithin. It has a wide variety of applications such as baked goods, confectionery products, dairy products beverages, snack foods, instant foods, human nutrition, animal nutrition, and release agents. These products are available under its industry-leading brands such as Yelkin, Beakin, Performix, Thermolec, Ultralec, and Adlec. Apart from this, the company also offers phospholipids under the brands, Ultralec, and Capsulec.
For instance, in November 2021, ADM acquired SOJA PROTEIN, one of the leading European providers of non-GMO soy ingredients. The addition represents a significant expansion of ADM’s global alternative protein capabilities and its ability to meet the growing demand for plant-based foods and beverages.
DuPont is a science and technology-based company that offers innovative products, materials, and services to meet the demands of a broad customer base. The company operates through 13 business segments: agriculture, automotive, building & construction, electronics, energy, food & beverage, government & public sector, health care & medical, marine, mining, packaging & printing, plastics, and safety & protection. The company offers soy lecithin through its two acquired companies—Danisco and Solae, LLC—under ENHANCE and SOLEC. For instance, In January 2020, Dupont invested USD 75 million to modernize and expand its manufacturing and technology operations in the Spruance plant located in Chesterfield County.
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Asia Pacific accounted for 33.9% of the lecithin market in 2021. In the Asia Pacific region, lecithin is gaining popularity due to busy lifestyles, urging consumers to opt for on-the-go and RTE products. The demand for lecithin is expected to increase in the coming years due to the growing population and increasing per-capita income of consumers, based on a World Bank report. Moreover, export opportunities of non-GMO lecithin from countries such as India to the European market are expected to drive the lecithin market in the region.
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Bridgestone presents sustainable car tires made from recycled material
Recycled plastic, steel and carbon black, vegetable oil and resin, more sustainable rubber… The new car tire from the Japanese Bridgestone[1] is full of sustainable innovations. It consists of 37 percent recycled material, 38 percent renewable material and will be prepared for the market this year.
Bridgestone has now produced two hundred copies of the sustainable car tire. And they have also been extensively tested. Cooperation is currently being sought with car manufacturers to apply the car tires to electric SUVs and CUVs.
Recycled and renewable material
The tire consists of various recycled materials, such as plastic, steel and carbon black (a powder that makes tires black and wear-resistant, among other things). The new rubber left in the tires is made from the desert plant guayule[2], which is grown on American soil. This also brings sustainable benefits. The natural rubber of guayule serves as an alternative to the rubber of the Brazilian rubber tree, which mainly grows in Southeast Asia. In other words: the import of rubber is declining. In addition, guayule needs fifty percent less water to grow.
Bridgestone also has follow-up ambitions. In 2050, the company wants to use only sustainable materials in its car tires. It is currently working on a tire for passenger cars that consists of 90 percent recycled and renewable materials.
Recycle car tires
Car tires have a significant impact on the environment, especially after their service life. Every year, more than a billion car tires end up in landfill[3] and the vast majority of them are incinerated. This is accompanied by a lot of CO2 emissions, because current car tires consist largely of fossil raw materials.
It is therefore not only important that car tires increasingly consist of recycled and renewable materials, but also that they are recycled more often. The Dutch Black Bear Carbon[4] has a solution for this and has since grown into an international player. The company (based on the Chemelot industrial cluster) is able to recover the carbon black from used car tyres, a powder that is normally produced in a polluting manner, by burning heavy petroleum fractions.
Source
Hidde Middelweerd, Bridgestone presenteert duurzame autoband van gerecycled materiaal, in: Change Inc, 12-4-2023, https://www.change.inc/circulaire-economie/bridgestone-presenteert-duurzame-autoband-van-gerecycled-materiaal-39818
[1] Bridgestone Corporation (株式会社ブリヂストン, Kabushiki gaisha Burijisuton) is a Japanese multinational tire manufacturer founded in 1931 by Shojiro Ishibashi (1889–1976) in the city of Kurume, Fukuoka, Japan. The name Bridgestone comes from a calque translation and transposition of ishibashi (石橋), meaning 'stone bridge' in Japanese. As of 2021, Bridgestone is the largest manufacturer of tires in the world, followed by Michelin in France, Goodyear in the United States, MRF in India, Continental in Germany and Pirelli in Italy. Bridgestone Group has 181 production facilities in 24 countries as of July 2018.
[2] Parthenium argentatum, commonly known as the guayule, is a perennial woody shrub in the family Asteraceae that is native to the rangeland area of the Chihuahuan Desert; including the southwestern United States and northern Mexico. It was first documented by J.M. Bigelow in 1852 through the Mexican Boundary Survey and was first described by Asa Gray. Natural rubber, ethanol, non-toxic adhesives, and other specialty chemicals can be extracted from guayule. An alternative source of latex that is hypoallergenic, unlike the normal Hevea rubber, can also be extracted. While Castilla elastica was the most widely used rubber source of Mesoamericans in pre-Columbian times, guayule was also used, though less frequently. The name "guayule" derives from the Nahuatl word ulli/olli, "rubber".
[3] Read also: https://www.tumblr.com/earaercircular/664740575771262976/an-entrepreneur-in-nigeria-has-found-value-from?source=share
[4] Read also: https://www.tumblr.com/earaercircular/668310648430723073/black-bear-carbon-plans-to-build-factory-at?source=share
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Biofuels Market Unidentified Segments – The Biggest Opportunity Of 2023
Biofuels Market Comprehensive Study is an expert and top to bottom investigation on the momentum condition of the Global Biofuels industry with an attention on the Global market. The report gives key insights available status of the Global Biofuels producers and is an important wellspring of direction and course for organizations and people keen on the business. By and large, the report gives an inside and out understanding of 2021-2027 worldwide Biofuels Market covering extremely significant parameters. Some key Players in This Report Include:
ADM (United States)
Arizona Biodiesel (United States)
Amereco Biofuels Corp. (United States)
Cosan (Brazil)
Verbio (Germany)
Gevo (United States)
Renewable Energy Group (United States)
Green Plains (United States)
REX American Resources (United States)
Aemetis (United States) Biofuel, any gas that is derived from biomass that is, plant or algae fabric or animal waste. Since such feedstock fabric can be replenished readily, biofuel is viewed to be a supply of renewable energy, not like fossil fuels such as petroleum, coal, and herbal gas. Biofuel is generally endorsed as a low-priced and environmentally benign choice to petroleum and different fossil fuels, especially inside the context of rising petroleum fees and elevated difficulty over the contributions made through fossil fuels to international warming.
Market Trends: Advancements in Biofuel Processing Technology
Market Drivers: Government Support for Eco-Friendly Alternatives
Market Challenges: Dealing with International trade and the Transportation of Biofuels
Market Opportunities: Biofuels can also reduce the Risk of Climate change and Greenhouse Gas Emissions The Global Biofuels Market segments and Market Data Break Down by Type (Wood, Biogas, Biodiesel, Ethanol, Others), Sources (Animal Fat, Sugarcane, Rice, Beet, Wood Chippings)
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Bioenergy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2028
Global Bioenergy Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021.
Bioenergy is one of many different resources available to help meet energy demand. It is a type of renewable energy derived from recently living organic materials known as biomass, and it can be used to generate transportation fuels, heat, electricity, and products. Agriculture and forest residues, energy crops, and algae are all examples of biomass. Energy Department and National Laboratories scientists and engineers are developing new, more efficient methods of converting biomass into biofuels that can replace conventional fuels such as gasoline, diesel, and jet fuel. Fuel lamps in the 1820s used a mixture of camphene and alcohol. In the United States, the sale of biofuel used in lamps reached 100 million gallons per year. In addition, the first internal combustion engine was patented in the United States. Karl Benz patented the engine in 1886, and it ran on a mixture of ethanol and turpentine. Thus, demonstrating that bioenergy can be used to power engines. As a result, it suggested that biofuel could play a role in powering the industrial revolution.
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The Bioenergy Market analysis summary is a comprehensive examination of the present developments in many areas that are driving this vertical trend. Market share, applications, market size, statistics, and sales are all summarized in this report. Furthermore, this research highlights a detailed competition analysis of market possibilities, particularly growth plans as claimed by industry specialists. The Bioenergy market report examines the competitive environment in terms of markets, applications, and regions to assist the vendor in determining a match or alignment between their strengths and future growth potential.
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Key Industry Players in Bioenergy Market:
· Enexor Energy (US)
· Drax Group (US)
· Lignetics (US)
· Pacific Bioenergy Corp (Canada)
· Green Plains Inc. (US)
· Enviva (US)
· Enerkem (Canada)
· ADM (US)
· POET (US)
· Ameresco, Inc. (US) and other major players.
Important data on the current and anticipated revenues of key international industry participants, as well as the goods they provide as part of the Bioenergy Market landscape, will also be included in our in-depth analysis. The report provides an easy-to-understand breakdown of competitive frameworks like Porter's Five Forces analysis, SWOT analysis, and PESTLE analysis to provide a deeper understanding of the numerous aspects that support the research findings.
Segmentation Analysis Includes,
By Type:
· Biogas
· Solid Biomass
· Renewable Waste
· Others
By Application:
· Power generation
· Heat generation
· Transportation
· Others
By Region:
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of SA)
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Table of Content:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities By Segment
3.1 By Type
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
Continue…
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming six years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
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Ethyl Acetate Prices | Pricing | Trend | News | Database | Chart | Forecast
Ethyl Acetate Prices a widely used solvent in various industries, has seen notable fluctuations in its prices over the years, driven by a multitude of factors ranging from raw material costs to market demand and regulatory changes. Ethyl acetate is primarily utilized in the production of coatings, adhesives, and pharmaceuticals, among other applications. This compound, known for its fruity odor and effectiveness in dissolving a variety of substances, is produced through the esterification process, which involves the reaction between ethanol and acetic acid. The prices of ethyl acetate are heavily influenced by the costs of these raw materials. Ethanol and acetic acid, both critical components in the production of ethyl acetate, experience price volatility based on supply and demand dynamics, geopolitical events, and changes in production costs.
In recent years, fluctuations in crude oil prices have also impacted ethyl acetate prices. This is because many of the raw materials used in its production are derived from petroleum. When crude oil prices rise, the cost of production for ethyl acetate can increase, leading to higher prices for consumers. Conversely, when oil prices fall, production costs decrease, potentially lowering ethyl acetate prices. Additionally, changes in environmental regulations and policies can play a significant role in price adjustments. For instance, stricter environmental regulations can increase production costs for ethyl acetate manufacturers, as they may need to invest in cleaner technologies or pay for emission credits, thereby driving up prices.
Furthermore, regional market conditions can affect ethyl acetate prices differently. In regions with high production capacities and efficient supply chains, such as parts of Asia and North America, ethyl acetate prices might be more stable or lower compared to regions with less developed infrastructure or higher production costs. Currency fluctuations can also play a role in pricing dynamics, especially in a global market where ethyl acetate is traded internationally. Changes in exchange rates can affect the cost of importing or exporting ethyl acetate, influencing its price in different markets.
The ethyl acetate market is also subject to competitive pressures. Major producers and suppliers in the industry may engage in pricing strategies to maintain or capture market share, which can lead to price adjustments. Companies may offer discounts, promotions, or long-term contracts to secure business, impacting overall pricing trends in the market. Technological advancements in production processes can also influence prices. Innovations that enhance production efficiency or reduce costs can lead to lower prices for ethyl acetate. Conversely, if new technologies require significant investment or increase operational costs, they might contribute to higher prices.
Overall, ethyl acetate prices are a reflection of a complex interplay of factors including raw material costs, supply chain conditions, market demand, regional differences, and technological advancements. Understanding these factors is crucial for businesses and consumers alike, as they navigate the market and make informed decisions regarding the use and procurement of ethyl acetate. As the industry evolves and external factors continue to change, monitoring these trends and their impacts on ethyl acetate prices will remain essential for stakeholders across various sectors.
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#Ethyl Acetate#Ethyl Acetate Price#Ethyl Acetate Prices#Ethyl Acetate Pricing#Ethyl Acetate News#Ethyl Acetate Price Monitor
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Global E-Fuels Market is likely to reach US$ 14.3 billion and is expected to rise at a CAGR of 13.7% from 2023 to 2031
The Global E-Fuels Market was estimated at a market value of US$ 4.5 billion in 2020. During the forecast years of 2021 to 2028, the market is expected to grow at a rate of 13.7% CAGR and finally reach US$ 14.3 billion by the end of 2031.
Electro fuels, commonly referred to as e-fuels, are a novel category of carbon-neutral fuels that are produced by storing electrical power from sources of renewable energy and are utilized as replacement fuels. The creation of e-fuel necessitates the extraction of hydrogen. This is done by dividing water (for instance, seawater from desalination facilities) into both oxygen and hydrogen components using an electrolysis cycle.
The market is growing as a result of the expansion of the automotive manufacturing sector in addition to the rise in demand for environmentally friendly fuel brought on by urbanization and industrialization. The National Investment Promotion and Facilitation Agency predicts that by 2021, India would have the third-largest global market for passenger vehicles.
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Market Segmentation
By Service Type:
Production: The majority of the market is dominated by the production of e-fuels, including methanol, ethanol, and synthetic hydrocarbons.
Storage and Distribution: This segment involves the infrastructure for storing and distributing e-fuels.
By Sourcing Type:
Renewable Energy Sourcing: E-fuels derived from solar, wind, and hydropower.
Non-renewable Energy Sourcing: This category is less preferred due to sustainability concerns.
By Application:
Automotive: E-fuels are used in internal combustion engines and hybrid vehicles.
Aviation: Synthetic kerosene is gaining importance in the aviation industry.
Marine: E-fuels are used in shipping to reduce sulfur emissions.
By Industry Vertical:
Transportation: The largest segment due to the high demand for alternative fuels.
Power Generation: E-fuels are used as a clean alternative in power plants.
Industrial: Used in various industrial applications requiring high energy input.
By Region:
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Regional Analysis
North America: Expected to see significant growth due to technological advancements and supportive government policies. The U.S. is a major player, with increasing investments in e-fuel projects.
Europe: Leading the market with strict emission regulations and a strong focus on renewable energy. Germany, in particular, is a hub for e-fuel development.
Asia-Pacific: Rapid industrialization and increasing energy demand are driving growth. China and Japan are investing heavily in e-fuel technologies.
Latin America: Emerging market with potential growth due to increasing renewable energy projects.
Middle East & Africa: Slower adoption but significant potential due to abundant renewable energy resources.
Market Drivers and Challenges
Drivers:
Environmental Regulations: Stricter emission standards globally are pushing the adoption of e-fuels.
Technological Advancements: Innovations in production technologies are making e-fuels more cost-effective.
Government Support: Subsidies and incentives for renewable energy projects are boosting the market.
Challenges:
High Production Costs: Current technologies for e-fuel production are expensive.
Infrastructure Development: Significant investment is required for storage and distribution infrastructure.
Market Awareness: Lack of awareness about e-fuels compared to traditional fuels.
Market Trends
Partnerships and Collaborations: Increasing collaborations between automotive companies and e-fuel producers.
Investment in R&D: Major players are investing heavily in research and development to reduce production costs.
Integration with Renewable Energy Projects: E-fuel production facilities are being integrated with renewable energy sources to enhance sustainability.
Future Outlook
The e-fuels market is expected to see robust growth, driven by technological advancements and increased focus on sustainability. By 2031, the market landscape will likely see more competitive pricing and widespread adoption across various sectors.
Key Market Study Points
Market Dynamics: Understanding the key drivers, challenges, and opportunities in the e-fuels market.
Competitive Landscape: Analysis of major players and their strategies.
Technological Innovations: Advancements in production and storage technologies.
Regulatory Impact: Influence of government policies and regulations on market growth.
Competitive Landscape
Key players in the e-fuels market include:
Siemens AG
ExxonMobil
Neste
Shell
TotalEnergies
These companies are focusing on strategic collaborations, mergers, and acquisitions to strengthen their market position.
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Recent Developments
Siemens and Porsche Collaboration: Siemens and Porsche have announced a joint venture to produce e-fuels for the automotive sector.
ExxonMobil Investment: ExxonMobil has committed significant investment towards the development of e-fuel production facilities.
EU Funding: The European Union has allocated funds for research projects focused on reducing the cost of e-fuel production.
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Renewable Methanol Market: Regional Growth Map Global Trends
The growing need for eco-friendly energy sources worldwide has boosted the demand for renewable methanol to mitigate greenhouse gas emissions. In this regard, it bridges the gap between conventional fuel and renewable resources, widening the scope of the global renewable methanol market.
The availability of renewable methanol, stringent government regulations, and new renewable energy policies are major factors facilitating the studied market’s growth. For instance, EU Emissions Trading System’s renewable energy policy has revised its target to reduce at least 55% greenhouse gas emissions by 2030.
As per Triton’s estimates, the global renewable methanol market is expected to advance in revenue and volume at a CAGR of 4.11% and 2.32%, respectively, during the forecast period 2022-2028.
Regional Trends Backing Global Expansion
Methanol can be derived from various conventional and renewable feedstocks, such as industrial waste and carbon dioxide. Moreover, it is considered the most cost-effective hydrogen carrier fuel. This has led Asia-Pacific and Europe to encourage renewable methanol adoption, mitigating the harmful effects of CO2.
Asia-Pacific leads with 60.66% of CAGR in terms of revenue
During the forecast period, the demand for renewable methanol as a transportation fuel is expected to soar tremendously across major nations, especially China. As a result, companies like Carbon Recycling International are expected to boost green methanol adoption in the transport sector. Additionally, leading methanol manufacturers, such as Geely Holdings and Zixin Industrial Co, have established new production facilities to promote renewable methanol production. The Chinese government also signed an agreement with Enerkem to build 100 advanced biofuels facilities by 2035. Thus, governmental support is anticipated to fuel the Asia-Pacific renewable methanol market growth.
Europe to witness the fastest growth with a CAGR of 5.03% by 2028
Europe is estimated to witness a high adoption rate of renewable methanol during the forecast period. The UK and Germany account for around 47% of the European market. Moreover, Sweden and France are expected to emerge as potential markets witnessing higher growth over the forecast period. Further, the region is expected to witness substantial growth due to the rapidly growing wind and solar sector. For instance, wind power accounted for 47.2% of Denmark’s energy consumption in 2019, with around 6,230 active wind turbines.
Additionally, the Italian government signed a joint agreement with ENI, the nation’s mineral oil and energy group, and Fiat Chrysler Automobile, launching a new fuel blend containing 15% methanol and 5% ethanol. These efforts will reduce CO2 emissions immensely, boosting the Europe renewable methanol market.
Segments Facilitating Global Progression
Numerous companies are surging their production or entering joint ventures to expand their global footings. This has led to a rise in renewable methanol adoption across numerous end-user sectors, including transportation and power generation. Besides this, the government investments have attracted new manufacturers to expand operations, increasing methanol application to a large extent.
Transportation dominates the end-user sector, while power generation is expected to witness the fastest growth over the forecast period.
Green methanol’s role in reducing greenhouse gas emissions has elevated its demand in the transport sector. For instance, MS Innogy powered the first ship in Germany with eco-friendly methanol fuel cells. Moreover, green methanol has emerged as the primary source driving the transformation of Germany’s power sector.
Formaldehyde led the application segment with a CAGR of 25.92% in 2021.
Methanol is a key ingredient used to produce formaldehyde that is further employed across numerous industries, including textile and automobile. The Asia-Pacific accounts for around 60% of the total global formaldehyde consumption, with China being the leader. For example, Lotus announced establishing a car manufacturing unit in China, fuelling the demand for formaldehyde. Hence, such high demand is anticipated to heighten the need for renewable methanol tremendously in the next few years.
Concluding Deliberations
Along with the transportation sector, renewable methanol has also witnessed significant demand in the marine industry. This has led prominent companies like MAN and Wartsila to boost research activities supporting renewable methanol applications. Besides this, the rising role of green methanol in reducing CO2 emissions by 95% has diversified its application across industries. Hence, in retrospect, the growing demand for sustainable resources is anticipated to boost the global renewable methanol market on a growth path.
#Renewable Methanol Market#renewable methanol#Chemicals#Materials#Specialty Chemicals#market research reports#market research report#triton market research
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Corn Starch Market Forecast with Trends, Size, Share, Statistics, Competition Strategies, Application and Region Analysis
Product Overview
Corn starch, alternatively referred to as maize starch, is a starch derived from corn grains. It is obtained from the endosperm of corn kernels. It is extensively used in the culinary industry as a thickening ingredient for soups and sauces, as well as in the manufacture of corn syrup and sweeteners. Corn is the primary raw material used to make starch and starch derivatives, and corn starch accounts for a sizable portion of the starch market when compared to starch made from other raw materials such as rice, potato, cassava, and others.
Market Dynamics
In recent years, the growing demand for convenience foods demanded an increase in the usage of starch and its derivatives. Starches are rapidly being used as a food additive in a variety of applications ranging from sauce thickening to gum moulding, viscosity control, and binding of baking components. These functional features of starches contribute to the market's growth. Additionally, due to the functional superiority of modified starches, their application spectrum has rapidly increased across a varied variety of applications.
Corn starch is predicted to grow at a high rate in the next years due to its wide range of applications in food, feed, and industrial applications. Corn starch is added to food goods to help them thicken and stabilise. A significant portion of corn starch is also used to make sweetener. Additionally, there are two forms of corn starch: native corn starch and modified corn starch. Corn consumption has increased steadily during the last few years on a global scale, owing to increased demand from major end-use sectors such as ethanol, animal feed, and other industrial applications. Corn is also used extensively in the manufacturing of sorbitol. Demand increase is being fueled by major corn consumers such as China and the United States. The increasing demand for the product in the biofuels sector is expected to fuel market expansion over the next few years. Global industry growth is also being accelerated by a growing population and expanding urbanisation.
The increased use of starches produced from other sources, such as potato starch, tapioca starch, rice starch, and others, is predicted to reduce demand for this commodity.
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Segmental Analysis
The global market for corn starch has been split by type, application, and geography.
The global corn starch industry has been categorised into three segments: indigenous, modified, and sweeteners.
Additionally, the worldwide corn starch market has been segmented by application into food & beverage, pharmaceutical and nutraceuticals, and animal feed. Additionally, the food and beverage industry is separated into bakery and confectionery, sweet and savoury snacks, and others.
Regional Overview
North America is likely to dominate the corn starch market analysis during the forecast period, owing to the food and beverage industry's increased acceptance of gluten-free ingredients. The increasing prevalence of gluten intolerance and celiac disease in the United States is the primary driver of the corn starch market in North America.
Europe is also predicted to have a sizable share of the global corn starch market, owing to the growing demand for corn starch in bakery and food & beverage applications. Germany and the United Kingdom are the primary contributors to the European corn starch industry's expansion.
The Asia-Pacific market is expected to grow at the fastest rate during the forecast period, with China and India being the region's largest country-level markets for corn starch. Corn starch's use in animal feed is propelling the regional corn starch market forward. Corn starch's use as a binder in a variety of meals is expected to boost market expansion in the rest of the world.
Competitive Dynamics
The notable players of the market are Archer Daniels Midland Company (US), Cargill, Incorporated (US), Grain Processing Corporation (US), Croda international (UK), AkzoNobel NV (Netherlands), Bayer AG (Germany), Ajinomoto Company Incorporated (Japan), Henkel AG & Company, KGaA (Germany), Associated British Foods plc (UK), and Calpis Company (Japan).
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Global Acetaldehyde Market Will Witness Substantial Growth in the Upcoming years by 2027
Acetaldehyde is a natural dry fluid compound. Otherwise called ethanol, it is significantly utilized as a forerunner to its subordinates and other synthetic mixtures. It happens normally in espresso, bread, and ready leafy foods orchestrated by certain plants. Monetarily, the item is produced through Wacker process, i.e., ethylene oxidation. Different cycles for assembling acetaldehyde are oxidation and dehydrogenation of ethanol, hydroformylation of methanol, and hydration of acetylene.
Acetaldehyde is an unrefined substance for the development of different items like pyridine and pyridine bases, pentaerythritol, acidic corrosive, peracetic corrosive, ethyl acetic acid derivation, and others. It tends to be utilized as a dissolvable and dying specialist for paper and mash businesses and elastic ventures. Notwithstanding, assembling of acetaldehyde through acetylene hydration is least utilized because of the development of enormous amounts of result.
Global Acetaldehyde Market - Trends, COVID-19 impact and Growth Forecasts to 2026
ChemIntel360’s global Acetaldehyde market study is a 160+ slide report containing in-depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, and applications perspective. The industry is expected to grow at a CAGR of 4.5% during the forecast period mainly due to growing demand of the chemical as a preservative and flavouring agent in the food and beverages.
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Scope
This study contains global and regional market size data - value and volume. The numbers are broken by application (Food and Beverages, Chemicals, Paints and Coatings, Plastic and Synthetic Rubber, and Others), by process (Ethylene oxidation, Oxidation of Ethanol, and Dehydrogenation of Ethanol). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
Market Overview
The global Acetaldehyde market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, dropped marginally to US$1.47 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X.X%. Cumulatively the market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.
Regional Analysis
The Acetaldehyde Market is segmented into five regions Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
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Key Players
Some of the prominent manufacturers in the Acetaldehyde Market are Celanese Corporation (U.S.), Eastman Chemical Company (U.S.), Merck KGaA (Germany), Sumitomo Corporation (Japan), SEKAB (Sweden), SHOWA DENKO K.K. (Japan), Jubilant Life Sciences Ltd. (India), Ashok Alco- chem Limited (India), LCY Group (Taiwan), Laxmi Organic Industries Ltd. (India), Lonza (Switzerland), Naran Lala Pvt. Ltd. (India), Eurochem Group AG (Switzerland), Wacker Chemie AG (Germany), and China National Petroleum Corporation (China).
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Ethyl Acetate Market Size, Historical Growth, Analysis, Opportunities and Forecast 2021-2027
Introduction of Ethyl Acetate Market :
Ethyl acetic acid is an ester complex which is synthesized from esterification of ethanol and acetic acid in the presence of a strong acid. It is utilized as a solvent for varnishes, finishes, cleaning, and nitrocellulose. Ultra-pure ethyl acetic acid is employed as a nail polish remover and cleaning of electric circuit sheets.
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Each and every insights presented in the reports published by expert group of Maximize Market Research, which is derived from primary interviews with top officials from leading companies of the domain concerned. Report’s secondary data research methodology includes deep online and offline research and discussion with expert professionals and analysts in the industry. In report, Ethyl Acetate Market reports, industry trends have been explained on the macro level, which is expected to help to finding outline market landscape and probable future issues.
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COVID-19 Impact on Ethyl Acetate Market:
The report has identified detailed impact of COVID-19 on Ethyl Acetate Market in regions such as North America, Asia Pacific, Middle-East, Europe, and South America. The report provides Comprehensive analysis on alternatives, difficult conditions, and difficult scenarios of Ethyl Acetate Market during this crisis. The report briefly elaborates the advantages as well as the difficulties in terms of finance and market growth attained during the COVID-19. In addition, report offers a set of concepts, which is expected to aid readers in deciding and planning a strategy for their business.
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Ethyl Acetate Market Segmentation:
Ethyl Acetate Market size is studied using various approaches and analyses in this research report to provide reliable and in-depth information about the industry. It is segmented into numerous segments to cover various aspects of the market for a better understanding.
Ethyl Acetate Market Regional Insights:
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
North America (the United States, Mexico, and Canada.)
South America (Brazil etc.)
The Middle East and Africa (GCC Countries and Egypt.)
Key players:
The research report includes the current Ethyl Acetate Market size of the market and its growth rates based on 5-year statistics and records with company summary of Key players:
• Celanese Corporation • Eastman Chemical Company • INEOS • Jubilant Life Sciences • Lonza • Sekab Biofuels & Chemicals AB • PT. Indo Acidatama Tbk • Solvay • Merck KGaA • Shandong Jinyimeng Group Co. Ltd. • DAICEL CORPORATION • KAI CO., LTD. • Sipchem • SHOWA DENKO K.K. • Jiangsu SOPO (Group) Co., Ltd. • Ashok Alco - chem Limited • Solventis Ltd. • Kanoria Chemicals & Industries Limited • Yip's Chemical Holdings Limited • GODAVARI BIOREFINERIES LTD. • Sasol Ltd. • Eastman Chemical Co. • Sigma-Aldrich Corp. • Jubilant Life Science Ltd. • Jinyimeng Group Co. Ltd. • Wood and Chemicals • Nippon • Lee Chang Yung • Shanghai Wujing
Prime Reasons to purchase a Ethyl Acetate Market research report:
The goal of this research report is to help consumers to gain a more information and clearer understanding of the industry. The Ethyl Acetate Market growth analysis includes development trends, competitive landscape analysis, investment plan, business strategy, opportunity, and key regions development status for international markets.
The Ethyl Acetate Market overview and the analysis of several affecting elements such as drivers, restraints, and opportunities.
Porter's Five Force Analysis and SWOT analysis are used to define, characterise, and analyse the market competition landscape, with a focus on key players.
Extensive analysis into the global Temperature Sensor competitive landscape
Identification and analysis of micro and macro elements that influence and will influence market growth.
A comprehensive list of major market players in the global Temperature Sensor industry.
In the Ethyl Acetate Market, it provides a descriptive study of demand-supply chaining.
Statistical study of certain key economic statistics
Figures, charts, graphs, and illustrations are used to clearly describe the market.
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