The transportation segment dominated the bioethanol market in 2015, attributed to the high demand and adoption of bioethanol as an auto fuel. Bioethanol is a clean energy source and thus results in reduction of emissions from the vehicles. Cellulosic ethanol is considered as an appropriate substitute to petroleum while bioethanol is used in vehicles with …
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Bioethanol Market Forecast | Projected To Garner Significant Revenues By 2022
The global bioethanol market is driven by growth in demand from the transportation industry, owing to biofuel mandates by regulatory bodies, rise in concerns regarding the surge in pollution & emission of greenhouse gases, and abundant raw material availability. However, issues related to food scarcity & use of food crops for production of bioethanol are …
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