Dublin, Oct. 07, 2022 (GLOBE NEWSWIRE) -- The "Ethanol Bus Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global ethanol bus market is expected to exhibit a CAGR of 11.01% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
The increasing adoption of green fuels, along with the introduction of environment-friendly automobiles, is one of the key factors driving the growth of the market. There is an increasing preference for first-generation biofuels (bioethanol) that are manufactured using sugars and oils found in crops, followed by second-generation biofuels, which are produced using lignocellulosic biomass or woody crops, agricultural residues, and waste.
Furthermore, increasing environmental consciousness and the implementation of government initiatives to minimize air pollution level, are also providing a boost to the market growth. For instance, emerging nations, such as India, are launching ethanol buses on a large-scale to minimize carbon and greenhouse gas (GHG) emissions into the environment and offer a cost-effective mode of public transport.
Additionally, various technological advancements in the manufacturing processes of ethanol and other biofuels are also creating a positive outlook for the market. The improvements in biomass and yeast performance have enhanced the efficiency of bioethanol production.
Key Market Segmentation
Breakup by Type:
- First-Generation Ethanol Bus
- Second-Generation Ethanol Bus
Breakup by Application:
- School
- Municipal Traffic
- Others
Breakup by Ethanol Source:
- Corn
- Sugarcane
- Wheat
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Key Questions Answered in This Report1. What is the expected growth rate of the global ethanol bus market during 2022-2027?
2. What are the key factors driving the global ethanol bus market?
3. What has been the impact of COVID-19 on the global ethanol bus market?
4. What is the breakup of the global ethanol bus market based on the type?
5. What is the breakup of the global ethanol bus market based on the application?
6. What is the breakup of the global ethanol bus market based on the ethanol source?
7. What are the key regions in the global ethanol bus market?
8. Who are the key players/companies in the global ethanol bus market?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
5 Global Ethanol Bus Market
6 Market Breakup by Type
7 Market Breakup by Application
8 Market Breakup by Ethanol Source
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Indicators
14 Competitive Landscape
Companies Mentioned
- AUDI AG
- Fiat Chrysler Automobiles N.V.
- Ford Motor Credit Company LLC
- General Motors Company
- Isuzu Motors Limited
- Jaguar Land Rover Limited
- Deere & Company
- Nissan Motor Company
- Scania CV AB
- Toyota Motor Corporation
- Volkswagen AG.
For more information about this report visit https://www.researchandmarkets.com/r/jh1ro4
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