For the Quarter Ending March 2021North AmericaIn North America, the price of Ethanol surged due to production cuts and high demand from the domestic consumers as well as for exports.In addition, USA exports skyrocketed due to sudden rise in export demand from China.AsiaIn the Asian markets, overall demand for Ethanol remained firm from the downstream sectors during Q1 2021.Meanwhile the demand from disinfectant or sanitizers manufacturers remained stable throughout the quarter.Market Overview:  https://www.chemanalyst.com/Pricing-data/ethanol--13Ethanol is a flammable and volatile organic chemical compound.Ethanol is also widely utilized as an intoxicating ingredient in alcohol and thus constitutes vivid demand from the alcohol and beverages industry.Product Specific DetailsCAS No.: 64-17-5; HS Code: 22072000; Grades: Pure/absolute, denatured, industrial; Packaging Size: Tanker/Drum; Incoterms: CFR, FOB, Ex-Works, Bulk Contracted, SpotCountries Covered:APAC – China, Japan, India, South Korea, SingaporeEurope – Germany, France, BelgiumAmerica – USA, BrazilMEA – Saudi Arabia, UAE, South AfricaHow we can helpChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices.It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on.
According to ChemAnalyst report, “Global Ethanol Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global Ethanol market has shown promising progress in the historic years and is anticipated to achieve a CAGR of 5.75% during the forecast period.Moreover, the increasing government initiatives for promoting usage of biofuels leads to the rising demand for bio ethanol blending in gasoline, replacing the fossil fuels with biofuels is another factor propelling the demand during the forecast period.Get more information: https://www.chemanalyst.com/industry-report/ethanol-market-594Ethanol is also known as ethyl alcohol.In the natural process, it can be produced by natural sugars undergo fermentation in the presence of yeast.Out of the following applications fuel and fuel additives dominate the global ethanol market.Request Sample: https://www.chemanalyst.com/ChemAnalyst/RequestForm In 2020, COVID-19 crisis in major global economies caused nationwide lockdowns which had an impact on a number of industries.Major focus of Industries was on producing ethanol for Pharma application such as Sanitization.Asia’s ethanol market is anticipated to grow in the economies like China, India, and Japan, because of increasing awareness about the harmful effects of petrochemicals-based products on human health and environment, therefore, encouraging the manufacturers to shift focus on natural alternatives i.e., bioethanol that consequently drives the growth of the Ethanol market in the forecast period.According to ChemAnalyst report, Global Ethanol Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, some of the major players operating global ethanol market are United Breweries, Green Plains Inc., Aventine Renewable Energy, AB Miller, Archer Daniels Midland Company, Kirin, Pure Energy Inc., British Petroleum, Cargill Corporation, and Others.“Being linked to the renewable and green industry, the global ethanol industry has shown a robust growth alongside changing consumer preference towards cleaner energy sources.
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