Lucintel's latest market report analyzed that transportation grade bioethanol provides attractive opportunities in the passenger vehicle, light commercial vehicle, medium and heavy commercial vehicle, and aviation markets. The transportation grade bioethanol market is expected to reach $XX billion by 2028 with a CAGR of 11% to 13%. In this market, Sugarcane is the largest segment by raw material, whereas passenger vehicles is largest by end use.

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Based on raw material, the transportation grade bioethanol market is segmented into sugarcane, corn, wheat, and others. The Sugarcane segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to because sugarcane molasses is a by-product of sugarcane products, which is highly used in production of transportation-grade bioethanol.

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The Transportation Grade Bioethanol Market is marked by the presence of several big and small players. Some of the prominent players offering transportation grade bioethanol include CropEnergies, Cristal Union, Archer-Daniels-Midland Company, PetrobrasmTereos, Alcogroup., Vivergo Fuels, BlueFire Renewables, Aemetis., and Green Plains.

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