© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Cellulosic Ethanol Market Analysis, Application trends, Forecast to 2024: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  North America led by Mexico, Canada and the U.S. cellulosic ethanol market accounted for about 50% global ethanol market share in Programs are sponsored by the US Department of Energy to develop and research ethanol developing organisms and cellulose hydrolysis enzymes. Various national laboratories and companies are co-funded by government to promote product demand in this region.   Asia Pacific driven by India, Japan, South Korea and China cellulosic ethanol market size may witness strong gains. Aiming for a sustainable energy development these countries are emphasizing on developing bio-fuel and investing huge in product development may propel industry growth. Growing environmental concerns such as pollution caused by burning non- renewables like gasoline, coal, diesel and natural gas may act as another contributing factor towards product demand in this region.  Europe led by France, Italy and Germany cellulosic ethanol market is anticipated to witness strong gains owing to supporting regulatory norms and policies. Regional Analysis of Cellulosic Ethanol Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Cellulosic Ethanol Market :  Cellulosic ethanol is produces agricultural biomass including corn cobs, perennial grasses, and wheat straws and forest biomass such as wood chips. Fluctuating raw material prices can play a deterrent in cellulosic ethanol market growth. Delivery prices and cost associated with harvesting and delivering raw materials decides producer’s profitability. Fluctuations are high due to seasonality of such plants and hence affects the product price.  Clariant, a leading specialty chemical company has developed an alternative source of energy like cellulosic ethanol to combat with issues concerning energy sector and reduce oil dependency. Sunliquid is an efficient process developed by the company to convert agricultural residues into eco-friendly biofuels.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Global cellulosic ethanol market is slightly fragmented. Some key players in this market are British Petroleum, DuPont Industrial Biosciences, Beta Renewables, Novozymes, POET-DSM, INEOS Bio and Inbicon GranBio. Competitive Market Share of Cellulosic Ethanol Market :

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