India Bioethanol market is anticipated to grow at an impressive CAGR of 17.44% to reach USD 10644.31 million by 2027. Bioethanol is a relatively low-cost alternative fuel that boasts less pollution and is more readily available than unblended gasoline. As it is a product of molasses, grains, and processed corn, Bioethanol also reduces the pressure to drill in environmentally sensitive places. Bioethanol production also supports farmers and creates domestic jobs as it is produced from domestically grown crops which helps in reducing dependence on foreign oil.

Though Bioethanol and other biofuels are often promoted as clean, low-cost alternatives to gasoline, Sugarcane farming, which is mostly used as raw material for producing Bioethanol in India, still has a harmful impact on the environment as Sugarcane is a highly water-intensive crop and highly cultivation is gradually leading to lowering of the water table. Intensive use of fertilizers and pesticides used in farming also affects land productivity and soil’s water retention capacity.

Bioethanol demand has tripled in four years, but production capacity has only doubled. According to recent trends in the segment, Bioethanol production is witnessing a steep rise due to the mandatory blending of 20% Bioethanol in Gasoline by 2025 and 10% by 2022. Automobile companies are also looking forward to the rollout of E20 material-compliant and E10 engine-tuned vehicles from April 2023.

Apart from its use as a fuel, Bioethanol’s demand is increasing extensively as a solvent in the manufacture of varnishes and perfumes, and as a surface disinfectant whose demand was at its peak during COVID-19 as it was used in the manufacturing of hand sanitizers.

Favorable Policies by Government Drive the Market Growth

The government has set a target of blending 10% of Bioethanol till 2022 and 20% of it by 2025, in gasoline which will save at least. New policies like the National biofuels policy, 2022, and Bioethanol Blended Petrol (EBP) program are seen to be the principal driver of the demand expansion of Bioethanol in India. The EBP program aims to address environmental concerns, reduce oil import bills and provide remunerative income to farmers. Currently, Bioethanol blending level in petrol is around 8.5%. Under the EBP program, the government has already reintroduced the administered price mechanism for Bioethanol procurement, allowing Bioethanol production from multiple feedstocks like heavy molasses, sugarcane juice, sugar, sugar syrup, damaged food grains, maize, and surplus rice stocks with Food Corporation of India (FCI).

Surplus Raw Material Available Fuels the Market Growth

To increase the production of fuel grade Bioethanol and to achieve blending targets, the Government of India has allowed the use of maize and rice with FCI for the production of Bioethanol. Production of Bioethanol would not only facilitate the diversion of excess sugar to Bioethanol but would also encourage farmers to diversify their crops to cultivate particularly maize/corn which requires less water. It would enhance the production of Bioethanol from various feedstocks thereby, facilitating in achieving of blending targets of Bioethanol with petrol and would reduce import dependency on crude oil.

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Market Segmentation

Company Profiles

Bajaj Hindustan Sugar Ltd., Balarampur Chinni Mills Ltd., Shree Renuka Sugars Ltd., Mawana Sugars Ltd., Triveni Engineering & Industries Ltd., India Glycols Ltd., HPCL Biofuels Limited, Godavari Biorefineries, Simbhaoli Sugars Ltd., Riga Sugars, E.I.D Parry India Ltd., Dalmia Bharat Sugar, etc., are among the major market players in the India platform that lead the market growth of the India Bioethanol market.

Report Scope:

In this report, India Bioethanol market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• India Bioethanol Market, By Source:

o   Sugar & Molasses based

o   Grain based

o   Lignocellulosic Biomass

• India Bioethanol Market, By Purity:

o   Denatured

o   Undenatured

• India Bioethanol Market, By Application:

o   Fuel & Fuel Additives

o   Industrial Solvents

o   Beverages

o   Disinfectant

o   Personal Care

• India Bioethanol Market, By Region:

o   North

o   West

o   South

o   East 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India Bioethanol market.

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Table of Content

1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on India Bioethanol Market
4. Executive Summary
5. Voice of Customer

5.1.  Factors Affecting Purchase Decisions

5.2.  Challenges and Unmet Needs

5.3.  Consumption Contract Size

6. India Bioethanol Market Outlook

6.1.  Demand Supply Analysis

6.1.1.    Details of Upcoming Capacities in Grain Based Bioethanol (Confirmed and Speculative)

6.2.  Market Size & Forecast

6.2.1.    By Value & Volume

6.3.  Market Share & Forecast

6.3.1.    By Source (Sugar & Molasses Based, Grain Based, Lignocellulosic Biomass)

6.3.2.    By Purity (Denatured v/s Undenatured)

6.3.3.    By Application (Fuel & Fuel Additives, Industrial Solvents, Disinfectant, Personal Care, Beverages, Others)

6.3.4.    By Region

6.3.5.    By Company (FY2022)

6.4.  Product Market Map

7. India Bioethanol Market – Segmental Analysis

7.1.  India Sugar & Molasses Based Bioethanol Market Outlook

7.1.1.    Market Size & Forecast        

7.1.1.1.        By Value & Volume

7.1.2.    Market Share & Forecast

7.1.2.1.        By Application

7.1.2.2.        By Region

7.2.  India Grain Based Bioethanol Market Outlook

7.2.1.    Market Size & Forecast        

7.2.1.1.        By Value & Volume

7.2.2.    Market Share & Forecast

7.2.2.1.        By Application

7.2.2.2.        By Region

7.3.  India Enzyme Market Outlook

7.3.1.    Market Size & Forecast        

7.3.1.1.        By Value & Volume

7.3.2.    Market Share & Forecast

7.3.2.1.        By Application

7.3.2.2.        By Region

7.4.  India Lignocellulosic Biomass-Based Bioethanol Market Outlook

7.4.1.    Market Size & Forecast        

7.4.1.1.        By Value & Volume

7.4.2.    Market Share & Forecast

7.4.2.1.        By Application

7.4.2.2.        By Region

8. Market Dynamics

8.1.  Drivers

8.2.  Challenges

9. India Sourcing Intelligence of Raw Material Including Enzymes By Ethanol Industry
10. Market Trends & Developments
11. Policy & Regulatory Landscape
12. Trade Dynamics, By Value and Volume, 2018-2021

12.1.             Imports

12.2.             Exports

13. Value Chain Analysis
14. India Enzyme Customer Analysis For Bioethanol Manufacturing (Leading 15 Customers – Annual Consumption, Price, Key Contact Person, Contract Details)
15. Pricing Analysis
16. India Economic Profile
17. Competitive Landscape

17.1.             Competition Outlook

17.2.             Company Profiles

17.2.1. Bajaj Hindusthan Sugar Ltd.

17.2.2. Triveni Engineering & Industries Ltd.

17.2.3. Gulshan Polyols Ltd

17.2.4. Ankur Biochem Pvt. Ltd.

17.2.5. India Glycols Ltd

17.2.6. Novozymes South Asia Private Limited

17.2.7. Danisco A/S

17.2.8. Jiangsu Boli Bioproducts Company Limited

17.2.9. Advanced Enzyme Technologies Ltd.

17.2.10.              DSM Nutritional Products India Pvt. Ltd.

17.2.11.              Balrampur Chini Mills Limited

18. Strategic Recommendations
19. About us & Disclaimer

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