Global Synthetic Ethanol Market 2024-2030

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    SYNTHETIC ETHANOL MARKET

     

    KEY FINDINGS

    1. Synthetic ethanol is greener than conventional ethanol and has higher energy density. We expect this market to grow in coming years due to growing emphasis on ESG by several end use industries
    2. Synthetic ethanol adoption so far has been slower than expected as there inherent challenges like higher electricity cost of production and distribution infrastructure
    3. Higher grade synthetic ethanol is used in pharma,cosmetics applications whereas lower grade ethanol is used in paints,dyes etc
    4. In Europe, high quality synthetic ethanol is a key requirement for several pharma companies and it will be a key growth driver for this market
    5. The Indian government has been promoting the use of Ethanol blended fuel by offering discounted tax rates. This move is aimed at cutting fuel import bills but has received lukewarm response from motorists so far.

     

    INTRODUCTION TO SYNTHETIC ETHANOL MARKET

    A product made from petroleum is synthetic ethanol. An affiliate of Union Carbide produced synthetic alcohol for the first time in the late 1920s. Ethane, a petroleum byproduct, is hydrated with steam and a catalyst, such as phosphoric acid, to create synthetic ethanol.

     

    With the use of coal, ethylene, a petroleum byproduct, and natural gas, synthetic ethanol may be produced easily. The price of coal-based synthetic ethanol was half that of cane-based ethanol.

     

    Ethylene from petroleum may be converted into ethanol in just one step. The synthetic ethanol plant creates ethanol using ethylene, a petroleum byproduct. 

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    SYNTHETIC ETHANOL MARKET SIZE AND FORECAST

     

    The Global Synthetic ethanol market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    SYNTHETIC ETHANOL MARKET RECENT ACQUISITION

    The production of synthetic ethanol by INEOS involves a difficult three-stage process that yields a single grade of 99.9% pure ethanol (DRAA – Double Rectified Absolute Alcohol). The full acquisition of Ashland Global Holdings Inc.’s composites business by INEOS Enterprises has been announced. A BDO facility in Germany is also included in the deal.

     

    The companies involved in the transaction generate more than $1.1 billion in annual sales. Over 19 locations in Europe, North and South America, Asia, and the Middle East, they have 1,250 employees.

     

    INEOS Composites will replace Ashland’s Composites Business. As a market leader in unsaturated polyester resins, vinyl ester resins, and gelcoats, it will expand on solid foundations.

     

    The company will keep offering a huge selection of corrosion-resistant fibreglass reinforced plastic (FRP) and gelcoats. The INEOS Solvents division will handle the BDO facility, which manufactures essential intermediates for high performance polyesters and polyurethanes.

     

    SYNTHETIC ETHANOL MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Synthetic Ethanol are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Synthetic Ethanol and key vendor selection criteria
    3. Where is the Synthetic Ethanol manufactured? What is the average margin per unit?
    4. Market share of Global Synthetic Ethanol market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Synthetic Ethanol in-house
    6. key predictions for next 5 years in Global Synthetic Ethanol market
    7. Average B-2-B Synthetic Ethanol market price in all segments
    8. Latest trends in Synthetic Ethanol market, by every market segment
    9. The market size (both volume and value) of the Synthetic Ethanol market in 2024-2030 and every year in between?
    10. Production breakup of Synthetic Ethanol market, by suppliers and their OEM relationship
     
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
       
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