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

  • Industry : Chemicals
  • Pages : 124
  • Published Date : July, 2022
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Summary

Report Description

India Bioethanol market is anticipated to grow at an impressive CAGR of 17.44% to reach at USD 10644.31 million by 2027. Bioethanol is a relatively low-cost alternative fuel that boasts less pollution and is 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 highly water intensive crop and its high cultivation is gradually leading to lowering of water table. Intensive use of fertilizers and pesticides used in farming also affect 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 steep rise due to mandatory blending of 20% Bioethanol in Gasoline by 2025 and 10% by 2022. Automobile companies are also looking forward to 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 surface disinfectant whose demand was at peak during COVID-19 as it was used in manufacturing of hand sanitizers.

Favorable Policies by Government Drives the Market Growth

 

Government has set target of blending 10% Bioethanol till 2022 and 20% of it till 2025, in gasoline which will save at least. New policies like 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 is to address environmental concerns, reduce oil import bill 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 production of fuel grade Bioethanol and to achieve blending targets, the Government of India has allowed use of maize and rice with FCI for production of Bioethanol. Production of Bioethanol would not only facilitate 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 production of Bioethanol from various feed stocks thereby, facilitate in achieving blending targets of Bioethanol with petrol and would reduce import dependency on crude oil.


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Market Segmentation

The India Bioethanol market is segmented based on Source, Purity, Application and competitional landscape. Based on Source, the market is further fragmented into Sugar & Molasses Based, Grain Based, Lignocellulosic Biomass and based on purity, it is fragmented into Denatured and Undenatured, and on basis of application, into Fuel & Fuel Additives, Disinfectant, Industrial Solvents, Beverages, Personal Care and Others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among north, west, south, & east.

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.

Attribute

Details

Market Size Value in FY2022

USD 4820.26 million

Revenue Forecast in FY2027F

USD 10644.31 Million

Growth Rate

17.44%

Base Year

2022

Historical Years

2017 – 2021

Estimated Year

2023E

Forecast Period

2024F– 2027F

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2022 and 2023E-2027F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         By Source

·         By Purity

·         By Application

·         By Region

Regional Scope

North, West, South & East

Key Companies Profiled

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

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

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.

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

o   Detailed analysis and profiling of additional market players (up to five).

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

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. 

Figures and Tables

Figure 1: India Bioethanol Market Size, By Value (USD Million), 2017-2027F
Figure 2: India Bioethanol Market Size, By Volume (Million Liters), 2017-2027F
Figure 3: India Bioethanol Market Share, By Source, By Volume, 2017-2027F
Figure 4: India’s GDP Forecast for FY2023, By Agency (Percentage)
Figure 5: India Bioethanol Market Share, By Purity, By Volume, 2017-2027F
Figure 6: India Ethanol Percentage Contribution From Sugarcane Based Raw Materials, 2018-2021
Figure 7: India Bioethanol Market Share, By Application, By Volume, 2017-2027F
Figure 8: India Bioethanol Market Share, By Region, By Volume, 2017-2027F
Figure 9: India Bioethanol Market Share, By Company, By Value, 2022
Figure 10: India Bioethanol Market Map, By Source, Market Size (Million Liters) & Growth Rate (%), 2022
Figure 11: India Bioethanol Market Map, By Region, Market Size (Million Liters) & Growth Rate (%), 2022
Figure 12: India Bioethanol Market Map, By Purity, Market Size (Million Liters) & Growth Rate (%), 2022
Figure 13: India Bioethanol Market Map, By Application, Market Size (Million Liters) & Growth Rate (%), 2022
Figure 14: India Sugar & Molasses Based Bioethanol Market Size, By Value (USD Million), 2017-2027F
Figure 15: India Sugar & Molasses Based Bioethanol Market Size, By Volume (Million Liters), 2017-2027F
Figure 16: India Sugar & Molasses Based Bioethanol Market Share, By Application, By Volume, 2017-2027F
Figure 17: India Sugar and Molasses Based Bioethanol Market Share, By Region, By Volume, 2017-2027F
Figure 18: India Grain Based Bioethanol Market Size, By Value (USD Million), 2017-2027F
Figure 19: India Grain Based Bioethanol Market Size, By Volume (Million Liters), 2017-2027F
Figure 20: India Grain Bioethanol Based Market Size, By Application, By Volume, 2017-2027F
Figure 21: India Grain Bioethanol Based Market Share, By Application, By Volume, 2017-2027F
Figure 22: India Grain Based Bioethanol Market Size, By Region, By Volume, 2017-2027F
Figure 23: India Grain Based Bioethanol Market Size, By Region, By Volume, 2017-2027F
Figure 24: India Grain Based Bioethanol Market Share, By Company, By Value, 2023
Figure 25: India Enzyme Market Size, By Value (USD Million), 2017-2027F
Figure 26: India Enzyme Market Size, By Volume (‘000 Tonnes), 2017-2027F
Figure 27: India Enzyme Market Share, By Source, By Volume, 2017-2027F
Figure 28: India Enzyme Market Size, By Type, By Volume, 2017-2027F
Figure 29: India Enzyme Market Share, By Type, By Volume, 2017-2027F
Figure 30: Market Share by Value, By Enzyme Type 
Figure 31: India Enzyme Market Share, By Company, By Value, 2022
Figure 32: India Lignocellulosic Biomass Based Bioethanol Market Size, By Value (USD Million), 2017-2027F
Figure 33: India Lignocellulosic Biomass Based Bioethanol Market Size, By Volume (Million Liters), 2017-2027F
Figure 34: India Lignocellulosic Biomass Based Bioethanol Market Share, By Application, By Volume, 2017-2027F
Figure 35: India Lignocellulosic Biomass Based Bioethanol Market Share, By Region, By Volume (Million Liters), 2017-2027F

List of Tables:

Table 1: India Bioethanol Market Demand-Supply Gap, 2017-2027 (Million Liters)
Table 2: India Grain Based Bioethanol Upcoming Capacities, As of 1st June 2022, Capacity in KLPD
Table 3: India Ethanol Quantities Supplied/Finalized During ESY, (Ethanol Supply Year (Dec-Nov) (Million Liter)
Table 4: India Overall Material Balance of the 100 KLPD 2G Unit, Dry Basis, 2021
Table 5: India Grain Based Ethanol, Market Share, By State, 2021 (KLPD)
Table 6: India Grain Based Ethanol, Market Share, By State, 2021 (KLPD)
Table 7: India Partial List of Industrial Application of Amylases
Table 8: India Raw Material Sourcing Analysis, Domestic vs Import
Table 9: India Bioethanol Market, 2019, 2020 & 2021 : Import (Value in  USD Million & Volume Million Liters) (HS Code: 22072000)
Table 10: India Bioethanol Market, 2019, 2020 & 2021 : Export (Value in  USD Million & Volume in Million Liters) (HS Code: 22072000)
Table 11: India Amylase Enzyme Import Data (2019-2022), By Value (USD Million) & By Volume (Thousand Kgs) (HS Code: 35079062)
Table 12: India Amylases Enzymes Export Data (2019-2022), By Value (USD Million) & By Volume (Thousand Kgs) (HS Code: 35079062) 
Table 13: India Glucoamylase and Blends Import Data (2019-2022), By Value (USD Million) & By Volume (Thousand Kgs) (HS Code: 35079069)
Table 14: India Glucoamylase and Blends Export Data (2019-2022), By Value (USD Million) & By Volume (Thousand Kgs) (HS Code: 35079069) 
Table 15: India Bioethanol Pricing Analysis (Domestic), In USD/Liter (2022)
Table 16: India Amylase Enzyme Pricing Analysis by Import, In USD/Kg (2022)
Table 17: India Glucoamylase Pricing Analysis by Import, In USD/Kg (2022)
Table 18: India Enzyme Market Pricing Analysis, By Company, In USD/Kg 

Frequently asked questions

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Based on Source, the India Bioethanol market is divided into Sugar and Molasses based, Grain based and Lignocellulosic Biomass. Among them, Sugar Molasses based segment is the dominating segment with the market share of around 85.69% and it is expected to grow due to new Bioethanol Blended Petrol program which made necessary for Oil Marketing companies OMCs to blend 20% Bioethanol in petrol by 2025, which is currently only 8.5%. Increase in farmers Income, non-polluting nature, reduced dependence on foreign crude oil, etc. are other major factors driving the Indian Bioethanol market.

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The Bioethanol market of India was valued at USD 4820.26 million in FY2022 and is anticipated to grow at a CAGR of 17.44% in the forecast period due to factors such as Supportive Government policies, eco-friendly nature of Bioethanol, Increased demand as a fuel additive, wise use of surplus grains and sugarcane, etc.

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The top 12 players 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., and Balrampur Chini Mills Limited.

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Bioethanol in India is majorly produced by using Sugarcane as raw material, which is highly Water Intensive crop, resulting in major contribution in lowering of water table. So, shifting to water extensive raw material is among major challenges. Also, to increase its use as a fuel, government has set plans to blend 15% Bioethanol in petrol by 2023 and 20% by 2025 but it will result in reduced efficiency of vehicles by up to 6-7%. Also, the unregulated carbonyl emissions, such as acetaldehyde emission are, higher with E10 and E20 compared to normal petrol. So, these are major challenges to be worked upon.

Related Reports

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Sakshi Bajaal

Business Consultant
Press Release

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

Jul, 2022

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

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