India Ethanol Market, By Type (Bioethanol v/s Synthetic Ethanol), By Raw Material (Sugar and Molasses Based, Grain Based, Lignocellulosic Biomass, Algal Biomass), By Purity (Denatured v/s Undenatured), By Application (Fuel & Fuel Additives, Industrial Solvents, Disinfectant, Personal Care, Beverages, Others), By Region, By States, Competition, Forecast & Opportunities, 2017-2027F

Abstract
India ethanol market was valued at USD2805.38 million in 2021 and is anticipated to grow with a CAGR of 12.68% during the forecast period to achieve the market value of USD5638.56 million by 2027. The India ethanol market is anticipated to grow due to the increasing biofuel demand. The country is steadily adopting the use of electric vehicles and biofuels like ethanol, thus driving the growth of the India ethanol market in the upcoming five years. Expanding agriculture sector and utilization of the feedstock for ethanol production is a rising trend in the country. The government is actively investing in the market and promoting the schemes and plans for increasing the production and thus the growth of the India ethanol market in the next five years.
Moreover, government policies like the new ethanol blending program (EBP) which makes it compulsory for oil manufacturing companies (OMCs) to blend 10% ethanol in petrol by the end of 2022 and 20% by 2025, are aiding the growth of India ethanol market in the future five years. Demand for ethanol is also increasing extensively as a solvent for the manufacturing of varnishes and perfumes. Preparation and manufacturing of the essence, flavor, etc., also drive market growth. Furthermore, the demand for ethanol has also increased due to the present pandemic situation. With the surging requirement for maintaining hygiene and cleanliness and avoiding the viral infection of COVID-19, the demand for hand sanitizers and cleaning agents with a high concentration of ethanol has increased, thus aiding the growth of the India ethanol market in the forecast period.
The India ethanol market is segmented by type, raw material, purity, application, regional distribution, and competition landscape. Based on type, the market is differentiated between bioethanol and synthetic ethanol. Bioethanol is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on account of increasing demand for eco-friendly ethanol. The large agricultural sector and its further expansion also adds to the growing shares of the market. Rising concerns and awareness among the population is further responsible for the growth of the India ethanol market in the forecast years.
India Glycols Limited., Balrampur Chini Mills Limited, Shri Renuka Sugars Limited, Triveni Engineering and Industries Limited, Godavari Biorefineries Limited, Dalmia Bharat Sugar and Industries Limited, Bajaj Hindustan Sugars Limited., Simbhaoli Sugars Limited., East India Distilleries Parry Limited, Mawana Sugars Limited are among the major market players in the India platform that lead the market growth of the India Ethanol market.

Years considered for this report:
Historical Years: 2017- 2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F – 2027F

Objective of the Study:
•To analyze the historical growth in the market size of India ethanol market from 2017 to FY2021.
•To estimate and forecast the market size of India ethanol market from 2022E to 2027F and growth rate until 2027F.
•To classify and forecast India ethanol market based on type, raw material, purity, application, regional distribution, and competition landscape.
•To identify dominant region or segment in the India ethanol market.
•To identify drivers and challenges for India ethanol market.
•To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India ethanol market.
•To identify and analyze the profile of leading players operating in India ethanol market.
•To identify key sustainable strategies adopted by market players in India ethanol market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across India.
TechSci Research calculated the market size of India ethanol market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:
•Manufacturers, suppliers, distributors and other stakeholders
•Government bodies such as regulating authorities and policy makers
•Organizations, forums and alliances related to ethanol
•Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:
In this report, India ethanol market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
•India Ethanol Market, By Type:
oSugar & Molasses based
oGrain based
oLignocellulosic Biomass
oAlgal Biomass

•India Ethanol Market, By Purity:
oDenatured
oUndenatured
•India Ethanol Market, By Application:
oFuel & Fuel Additives
oIndustrial Solvents
oDisinfectant
oPersonal Care
oBeverages
oOthers
•India Ethanol Market, By Region:
oWest
oSouth
oNorth
oEast

Competitive Landscape

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

Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information
•Detailed analysis and profiling of additional market players (up to five).

Content
Table of Contents

1.Product Overview
2.Research Methodology
3.Executive Summary
4.Impact of COVID-19 on India Ethanol Market
5.Voice of Customer
5.1.Brand Awareness
5.2.Preference, By Raw Material
5.3.Preference, By Purity
5.4.Demand, By Application
6.India Ethanol Market Outlook
6.1.Market Size & Forecast
6.1.1.By Value & Volume
6.2.Market Share & Forecast
6.2.1.By Type (Synthetic Ethanol v/s Bioethanol)
6.2.2.By Raw Material (Sugar & Molasses Based, Grain Based, Algal Biomass, Lignocellulosic Biomass)
6.2.3.By Purity (Denatured v/s Undenatured)
6.2.4.By Application (Fuel & Fuel Additives, Industrial Solvents, Disinfectant, Personal Care, Beverages, Others)
6.2.5.By Region
6.2.5.1.By State (Top 3 States)
6.2.6.By Company (FY2021)
6.3.Product Market Map
7.India Bioethanol Market Outlook
7.1.Market Size & Forecast
7.1.1.By Value & Volume
7.2.Market Share & Forecast
7.2.1.By Raw Material
7.2.2.By Purity
7.2.3.By Application
8.India Synthetic Ethanol Market Outlook
8.1.Market Size & Forecast
8.1.1.By Value & Volume
8.2.Market Share & Forecast
8.2.1.By Raw Material
8.2.2.By Purity
8.2.3.By Application
9.Market Dynamics
9.1.Drivers
9.2.Challenges
10.Market Trends & Developments
11.Policy & Regulatory Landscape
12.India Economic Profile
13.Competitive Landscape
13.1.Competition Outlook
13.2.Company Profiles
13.2.1.India Glycols Limited.
13.2.2.Balrampur Chini Mills Limited
13.2.3.Shri Renuka Sugars Limited
13.2.4.Triveni Engineering and Industries Limited
13.2.5.Godavari Biorefineries Limited
13.2.6. Dalmia Bharat Sugar and Industries Limited
13.2.7.Bajaj Hindustan Sugars Limited.
13.2.8.Simbhaoli Sugars Limited.
13.2.9.East India Distilleries Parry Limited
13.2.10.Mawana Sugars Limited
14.Strategic Recommendations
15.About us & Disclaimer
Note: The data given for any year represents the market during the period, i.e., 1st April of the previous year to 31st March of that year. eg: For 2022E, the data represents the period, 1st April 2021 to 31st March 2022. Please note that all the macro-economic indicators in the economic profiles are for Calendar year.