Press release
Corn-Based Ethanol Market Expected to Grow at a Steady CAGR by 2022 - Scalar Market Report
Corn is used widely as a feedstock for producing ethanol especially in the U.S. Like any other alcohol production corn ethanol is produced by the fermentation and distillation process. It is primarily used in gasoline to produce a low-level blend. Two methods are used in the corn ethanol production one is dry milling and another is wet milling, dry milling accounts 80% of total ethanol production in the U.S. Apart from biofuel, corn ethanol has an application in pharmaceuticals, food and beverages and in chemicals as am intermediates. A recent trend shows use of remnants such as corn stover to produce ethanol instead of food corn.The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Corn-Based Ethanol Market. The scope of this report covers the Corn-Based Ethanol Market by its major segments, which include the types, applications, and the major geographic regions.
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KEY PREMIUM INDUSTRY INSIGHTS
The key reasons driving the growth of the Corn-Based Ethanol market includes increasing government support for biofuels development, rising use of blended fuels across the world and increasing use of bio-fuels in the transportation sector.
Demand from emerging economies is one of the key growth opportunity drivers for this market.
However, factors like uncertain feedstock production and price may hamper the growth of the Corn-Based Ethanol market.
KEY MARKET PLAYERS
Key players in the corn-based ethanol market include:
1. Cargill, Incorporated
2. MGP Ingredients, Inc.
3. Grain Processing Corporation
4. Sigma-Aldrich Co. LLC
5. Flint Hills Resources
6. GreenField Specialty Alcohols Inc.
7. Green Plains Inc.
8. Raízen
9. Cristalco
10. The Andersons, Inc.
Browse Report: https://www.scalarmarketresearch.com/market-reports/corn-based-ethanol-market
About Scalar Market Research
Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.
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