Bioethanol Boom: How Renewable Fuel Demand Is Reshaping the Market

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2026-04-23 14:40:48

The global ethanol market is on a strong growth path, supported by rising demand across fuel, beverage, and industrial applications. Valued at US$ 94.6 billion in 2023, the market is projected to grow at a CAGR of 5.3% from 2024 to 2034, reaching approximately US$ 166.6 billion by 2034. Increasing focus on renewable energy and expanding use of ethanol in multiple industries are key factors...

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