Global Ethanol Market: Key Trends Shaping the Future of Biofuels
The global ethanol market was valued at USD 89.1 billion in 2019 and is projected to experience a compound annual growth rate (CAGR) of 4.8% over the forecast period from 2020 to 2027. A significant factor fueling this growth is the increasing use of ethanol as a biofuel. Its eco-friendly characteristics and role in reducing carbon emissions have driven its adoption in various energy...