Press Release

India Bioethanol Market to Grow with a CAGR of 17.44% through 2027

Supportive Government policies and increasing demand to reduce reliance on foreign to drive the demand of Bioethanol market through 2027                   

According to TechSci Research report, “India Bioethanol Market- By Region, Competition Forecast and Opportunities, 2017-2027, the India Bioethanol market stood at USD3805.70 million in 2021 and is projected to grow at a CAGR of 17.44% through 2027 to reach USD USD10644.31 million by 2027. The government is adopting several plans with the objective of ensuring the energy security of the nation, that would tremendously increase the overall production of bioethanol. To gather the comprehensive data regarding raw material adequacy, a study of the capacity of sugar and molasses-based feedstocks was undertaken. It was discovered that there is a massive quantity of sugar-based feedstock accessible, which can facilitate the production process for bioethanol. Diversifying the production of sugarcane for bioethanol can undoubtedly assist the nation in lowering its reliance on imports from major oil-producing countries. 


The market has witnessed a substantial rise in production volume beginning in 2018 after the government mandated that ethanol-blend fuel to be used for transportation. India continues to import ethanol despite recent increases in domestic output (for all end uses). Denatured ethanol is primarily imported into India from the United States. China, South Korea, and the Netherlands were the only suppliers who supplied seldom between 2017 and 2021.


The spread of the pandemic and the imposition of strict lockdown and restrictions across the country to contain the spread of the virus adversely impacted the India Bioethanol Market. The Bioethanol market is majorly import driven with only 20%-30% of total Bioethanol being produced in-house. The pandemic crisis led to an imposition of restrictions on imports and exports. This led to disruption in the supply chain which created price volatility.


Until a few years back, Grain-based ethanol production in India was taking place at a minimal capacity, raising a thoughtful question in front of the government about the affordability of Bioethanol consumption across the population. The government thought thoroughly about the prevalent challenges like climate change, heavy crude imports, and the pathetic condition of farmers. It came up with certain plans, which included establishing grain-based distilleries in deficit states like the North-Eastern States, the Southern States like Tamil Nadu, Andhra Pradesh, Telangana, Bihar, etc. Due to policy changes made by the Center, the production capacity for grain-based and molasses-based distilleries has increased by one and half times in the past five years.


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over 35 market data Figures and 18 Tables spread through 124 Pages and an in-depth TOC on "India Bioethanol Market"


The India Bioethanol Market
is segmented into Source, Purity, Application, and competitive landscape. Based on Source, the market is divided into Sugar and molasses based, Grain based, and Lignocellulosic Biomass. Sugar and molasses based led the market with a market share of around 85% of the overall market based on Source in 2021. With a total area of 5 million hectares, sugarcane production in India utilizes about 2.57 percent of the country's total agricultural land. Through the cooperative, it indirectly benefits more than 60 lakh sugarcane producers and several others. With a projected yield of 133 million tonnes in 2021, UP is the top producer of sugarcane in the world. By taking advantage of the availability of surplus sugarcane as a raw feedstock material for ethanol production, industry participants intend to diversify the sugarcane market. However, as a result of government-initiated regulatory reforms, the capacity of molasses-based distilleries has increased by a factor of two over the past six years.


Major market players operating in the India Bioethanol Market are:

·         Bajaj Hindusthan Sugar Ltd.

·         Triveni Engineering & Industries Ltd.

·         Gulshan Polyols Ltd

·         Ankur Biochem Pvt. Ltd.

·         India Glycols Ltd

·         Novozymes South Asia Private Limited

·         Danisco A/S

·         Jiangsu Boli Bioproducts Company Limited

·         Advanced Enzyme Technologies Ltd.

·         DSM Nutritional Products India Pvt. Ltd.

·         Balrampur Chini Mills Limited


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“As a result of the government's declaration of a 20 percent fuel blending plan, the ethanol production is estimated to rise two to threefold. The usage of Bioethanol as an automotive fuel is escalating, which is a primary factor of the development. The government is taking a strong stance against ethanol production from solid waste and biomass to limit greenhouse gas emissions, and this is probably going to be the main source of ethanol production in the future, fueling the growth of the India Bioethanol market through 2027”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.


“India Bioethanol
Market By Source (Sugar & Molasses Based, Grain Based, and Lignocellulosic Biomass), By Purity (Denatured v/s Undenatured), By Application (Fuel & Fuel Additives, Disinfectant, Industrial Solvents, Beverages, Personal Care, and Others), By Region, Competition, Forecast & Opportunities, 2017-2027F”, has evaluated the future growth potential of India Bioethanol Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Bioethanol Market.


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India Bioethanol Market By Source (Sugar & Molasses Based, Grain Based, Lignocellulosic Biomass), By Purity (Denatured v/s Undenatured), By Application (Fuel & Fuel Additives, Disinfectant, Industrial Solvents, Beverages, Personal Care, Others), By Region, Competition, Forecast & Opportunities, 2017-2027

Chemicals | Jul, 2022

Supportive Government policies and increasing demand to reduce reliance on foreign oil, and increase in income of farmers from Bioethanol production are influencing the demand of Bioethanol market through 2027.

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