Bioethanol Market Worth $64.8 Billion by 2025 - Exclusive Report by MarketsandMarkets - Seite 2

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APAC projected to be the fastest-growing bioethanol market during the forecast period.

APAC is projected to lead the bioethanol market, in terms of both value and volume from 2020 to 2025. The region is one of the largest crude oil importers in the world. Many countries in the region aim to achieve energy security by reducing their dependency on crude oil imports.  Thus, they have mandated the use of bioethanol fuel blends in all vehicles. This, in turn, increases the demand for bioethanol in the APAC region.

Archer Daniels Midland (US), POET LLC (US), Green Plains (US), Valero Energy Corporation (US), Tereos (France), and Raizen (Brazil) are the key players operating in the bioethanol market. Expansions, mergers & acquisitions, and partnerships/agreements are some of the major strategies adopted by these key players to enhance their positions in the bioethanol market.

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