H1 2023: The prominent players in the North America Ethanol market in H1 2023 were Archer Daniels Midland, Flint Hills Resources LP, and Green Plains LLC. The overall market dynamics of Ethanol in the North American market remained stable in Q1 2023 characterized by a balanced production rate and available stockpile in end-use manufacturing units, an uptick in production rates and heightened demand for Ethanol. Both domestic and foreign demand for the product were moderate, and producers maintained an ample stockpile to satisfy domestic requirements. As the quarter concluded, the final price of Ethanol was influenced by the tight supply of sugar in the US market and increased demand from the biofuel and food industries. In Q2, Ethanol prices in the US market experienced a significant increase, driven by growing downstream demand from industries such as fuel and paints. These factors contributed to an optimistic trend in the Ethanol market during Q2. Furthermore, a rise in feedstock corn prices in the US market led to an increase in downstream Ethanol prices. Additionally, stable demand was observed from the international market, and substantial orders were procured from the biofuel industry, with plants operating consistently to meet both North American and international demand.
The North America Ethanol market reached around 44 million tonnes in 2022 and is expected to grow at a healthy CAGR of 5.44% till the year 2035. Ethanol, also referred to as ethyl alcohol, is a type of alcohol commonly known. Its chemical formula is C2H5OH. On an industrial scale, ethanol is manufactured through the fermentation of molasses. This clear liquid, ethanol, possesses a distinctive taste and a pleasant aroma. It is highly flammable. Ethanol readily mixes with water and various organic liquids, making it suitable for dissolving other chemical compounds. Ethanol serves as a solvent in the production of a broad range of chemicals, including ethyl esters, acetic acid, diethyl ether, and ethyl amines. It stands as the most widely used solvent in chemical industries. Ethanol finds applications in the manufacturing of diverse products such as pharmaceuticals, lacquers, polishes, paints, plastics, plasticizers, cosmetics, alcoholic beverages, and more. Capitalizing on its antibacterial properties, ethanol is extensively utilized in antiseptics, sanitizers, and anti-fungal solutions.
Due to the growth in industrial operations, increased solvent consumption, and the demand for industrial solvents, the forecast indicates a surge in Ethanol demand in North America. Currently, North America is the primary Ethanol producer, with the USA and Canada emerging as the leading nations in this production landscape. By 2035, the North America Ethanol market is likely to reach 86.8 million tonnes.
On the basis of region, North America Ethanol market is segmented into USA, Mexico, and Canada. Among these, USA is the leading consumer of Ethanol. In 2022, USA consumed roughly 90% of the North America Ethanol market demand. Also, Mexico will most likely experience a rise of Ethanol in the coming years due to the continued demand from the downstream sectors.
Based on the end-user industry, the North America Ethanol market is segmented into Fuel & Fuel Additive, Food & Beverages, Chemicals, Cosmetics & Personal Care Products, and Others. However, Fuel & Fuel Additive is the dominating sector as the consumer of Ethanol. This industry consumed approximately 41% of the market in 2022 and is anticipated to remain the leading consumer in the upcoming years.
Major players in the production of North America Ethanol are Arkalon Energy LLC, Attis Biofuels LLC, Aurora Cooperative Ethanol LLC - West, Big River United Energy LLC, Cargill Inc., CHS Inc., Elite Octane LLC, Flint Hills Resources LP, Glacial Lakes Energy LLC, Golden Grain Energy LLC, Green Plains LLC, Guardian Lima LLC, KAAPA Ethanol Ravenna LLC, Marquis Energy LLC, Pennsylvania Grain Processing LLC, Alto Ingredients Stockton Inc., and Others.
Years considered for this report:
Historical Period: 2015- 2021
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2035
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Objective of the Study:
• To assess the demand-supply scenario of Ethanol which covers production, demand and supply of Ethanol market in North America
• To analyse and forecast the market size of Ethanol
• To classify and forecast North America Ethanol market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Ethanol market in the North America
To extract data for North America Ethanol market, primary research surveys were conducted with Ethanol manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for North America Ethanol market over the coming years.
ChemAnalyst calculated Ethanol demand in the globe by analyzing the historical data and demand forecast which was carried out considering the consumption of raw material to produce Ethanols. ChemAnalyst 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 ChemAnalyst.
Key Target Audience:
• Ethanol manufacturers and other stakeholders
• Organizations, forums and alliances related to Ethanols distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Ethanol manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
ChemAnalyst calculated Ethanol demand in the globe by analyzing the historical data and demand forecast which was carried out considering the historical extraction and supply and demand of Ethanol across the globe. ChemAnalyst 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 ChemAnalyst.
Report Scope:
In this report, North America Ethanol market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2022
44 million tonnes
Market size Volume by 2035
86.7 million tonnes
Growth Rate
CAGR of 5.44% from 2023 to 2035
Base Year
2022
Estimated Year
2023
Historical Data
2015 – 2021
Forecast period
2024 – 2035
Quantitative units
Demand in million tonnes and CAGR from 2023 to 2035
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Manufacturing Process, Foreign Trade.
Segments covered
By End-Use: (Fuel & Fuel Additive, Food & Beverages, Chemicals, Cosmetics & Personal Care Products, and Others)
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Ethanol market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Ethanol.
3. Capacity By Location
To better understand the regional supply of Ethanol by analyzing its manufacturers' location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company [Quarterly Update]
Study the historical annual production of Ethanol by the leading players and forecast how it will grow in the coming years.
6. Demand by End- Use [Quarterly Update]
Discover which end-user industry (Fuel & Fuel Additive, Food & Beverages, Chemicals, Cosmetics & Personal Care Products, and Others) are creating a market and the forecast for the growth of the Ethanol market.
7. Demand by Region
Analyzing the change in demand of Ethanol in different regions, i.e., USA, Mexico, and Canada, that can direct you in mapping the regional demand.
8. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Ethanol. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
9. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Ethanol.
10. Company Share
Figure out what proportion of the market share of Ethanol is currently held by leading players across the globe.
11. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Ethanol.
12. Company Share
Figure out what proportion of the market share of Ethanol is currently held by leading players across the globe.
13. Country-wise Export
Get details about quantity of Ethanol exported by major countries.
14. Country-wise Import
Get details about quantity of Ethanol imported by major countries.
15. Manufacturing Process
Discover insights into the intricate manufacturing process of Ethanol.
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of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What was North America market size of Ethanol in terms of volume for 2022?
Ans:
The North America market size of Ethanol was approximately 44 million tonnes in 2022
Q2.
What are the major end-use industries of Ethanol?
Ans:
Ethanol is used in a wide range of end use industries including Fuel & Fuel Additive, Food & Beverages, Chemicals, Cosmetics & Personal Care Products, and Others.
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