India ethanol market is
anticipated to grow at a healthy CAGR during the forecast period, on the back
of government policies and initiatives aimed at reducing oil dependency by
blending ethanol with gasoline. During FY2017-2018, the government saved INR40,000
million under the Ethanol Blended Petrol (EBP) program. Moreover, the
government plans to save INR12,000 million in the coming four years under the
program. Currently, 5% of ethanol is used in the blending of gasoline. The percentage
of ethanol blending will be increased from 5% to 10% in the coming years.
Further, government of India is promoting biofuels, as they are cleaner sources
of fuel produced from agricultural feedstock. Apart from blending, ethanol is also
used as an intermediate product in the manufacturing of acetic acid, ethyl
acrylate, ethyl acetate, ethylamine and glycol ethers. Moreover, ethanol is
used in the manufacturing of beverages, disinfectants, personal care products
and flavoring & fragrance products.
Years
considered for this report:
Historical Years: 2013-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2030
Objective of the
Study:
- The primary objective of the
study was to evaluate and forecast ethanol capacity,
production, demand, inventory, and demand – supply gap in India.
- To categorize methanol
demand based on end use, type, sales channel and
region.
- To study trade dynamics and
company share in India ethanol market.
- To identify major customers
of ethanol in India.
- To evaluate and forecast
ethanol pricing by grade in India.
- To identify and profile
major companies operating in India ethanol market.
- To identify major news,
deals and expansion plans in India ethanol market.
Report Scope:
In this report, India ethanol market has been segmented into
following categories:
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Some of the leading players in India
ethanol market are India Glycols, Bajaj Hindusthan Sugar, Shree Renuka Sugars
Ltd., Triveni Engineering & Industries Ltd., Balrampur Chini Mills Ltd.,
HPCL Biofuels Limited,
The Jeypore Sugars Company Limited, Simbhaoli Sugars Ltd., E.I.D Parry
India Ltd, etc.
To extract data for India ethanol market, primary
research surveys were conducted with ethanol manufacturers, suppliers,
distributors, wholesalers and end users. While interviewing, the respondents
were also inquired about their competitors. Through this technique, TechSci
Research was able to include manufacturers that could not be identified due to
the limitations of secondary research. Moreover, TechSci Research analyzed
various end user segments and projected a positive outlook for India ethanol market
over the coming years.
TechSci Research calculated ethanol demand in India by
analyzing the historical data and demand forecast was carried out considering
the growth of end use industries. TechSci Research sourced these values from
industry experts and company representatives and externally validated through
analyzing historical sales data
of respective manufacturers to arrive at the overall market size. Various
secondary sources such as company websites, association reports, annual
reports, etc., were also studied by TechSci Research
Key Target
Audience:
- Ethanol manufacturers and suppliers
- Government and other
regulatory bodies
- Research institutes and
organizations
- Sugar manufacturers and
Breweries
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers and partners, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
The
report also provides useful insights about which market segments should be
targeted over the coming years to strategize investments and capitalize on
growth opportunities.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs.
In case you can’t find what, you are looking for
then please get in touch with our custom research team at [email protected]