Ethanol Market Size, Share, Growth Analysis, By Feedstock Type (Coarse-Grain-Based Ethanol, Sugarcane-Based Ethanol), By End Use, By Distribution Channel, By Region - Industry Forecast 2025-2032


Report ID: SQMIG15A2273 | Region: Global | Published Date: December, 2024
Pages: 165 |Tables: 87 |Figures: 76

Ethanol Market Insights

Ethanol Market size was valued at USD 90.1 Billion in 2023 and is poised to grow from USD 94.51 Billion in 2024 to USD 132.11 Billion by 2032, growing at a CAGR of 4.9% during the forecast period (2025-2032).

Growing interest in using the ethanol as a biofuel is driving up demand for biofuels. Another primary determinant of market expansion is the increase in alcohol use. Emerging ethanol uses are expected to provide new business prospects for the major players in the global ethanol market. To lower total costs and cut carbon emissions, the aviation sector is concentrating on the research and innovation of ethanol-blend fuels. In the upcoming years, it is anticipated that the ethanol uses in ignition systems and emission reduction in the transportation industry would lead to improved chances. Additionally, the use of ethanol-based disinfectant has grown due to coronavirus outbreak, in return it is expected to witness a high global adoption in the coming years. Ethanol works as a good disinfectant against germs, viruses, and fungus, therefore it has a huge potential in the agro-chemical industry.

US Ethanol Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2025-2032

Global Market Size

USD 87.71 billion

Largest Segment

Grain-based

Fastest Growth

Grain-based

Growth Rate

5.6% CAGR

Global Ethanol Market 2022-2028 ($ Bn)
Country Share for Europe Region- 2021 (%)

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Ethanol Market Segmental Analysis

Global Ethanol Market is segmented by feedstock type, end use, distribution channel and region. Based on feedstock type, the market is segmented into coarse-grain-based ethanol (corn, barley, sorghum), sugarcane-based ethanol, wheat-based ethanol and other feedstocks (cellulosic biomass, industrial waste). Based on end use, the market is segmented into fuel (gasoline additives, e85 fuel), industrial solvents (paints and coatings, pharmaceuticals), beverages (alcoholic beverages, non-alcoholic beverages) and cosmetics (personal care products, fragrances). Based on distribution channel, the market is segmented into online (e-commerce platforms, direct sales) and offline (supermarkets, specialty stores, convenience stores). Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Ethanol Market Analysis by Source

On the basis of source, the grain-based category dominated the global market with the largest ethanol market share in terms of volume. Easy access to corn and maize and the global development of effective technologies have accelerated the segment's expansion. Dry milling is the main method used to make grain-based ethanol, and one bushel of maize can provide 2.86 gallons of denatured ethanol. As manufacturers address issues related to yields and demand saturation, corn production is anticipated to slow down globally. One of the main methods for producing ethanol worldwide is presently sugar mills. Global acceptance of molasses-derived ethanol is growing, and developing nations are setting the pace. The demand is being driven by the qualities of disinfection and coalescence. The use of molasses as a feedstock for the synthesis of ethanol will increase when low-carbon fuel requirements are adopted.

Ethanol Market Analysis by Purity

On the basis of purity, denatured alcohol is expected to experience the largest volume growth in the forecasted period, due to the rising demand of the fuel and home chemicals industries. To produce the necessary properties, it can be mixed with other compounds. It is mostly used in formulations for disinfecting and cleaning both indoor and outdoor spaces.

Denatured alcohol is ideal for use in domestic applications because it is mostly generated from natural sources like corn starch and cereals. The increased awareness of interior hygiene and the negative impacts of synthetic substances are two more significant growth-promoting elements.

Ethanol Market Analysis by Application

On the basis of application, fuel and fuel additives accounted for the largest segment with the highest ethanol market share. Demand for ethanol, which is used to make gasoline additives to increase fuel economy, is being driven up by both the expanding demand for vehicle fuel and the evolving rules aimed at lowering air pollution. Due to its widespread use in important end-use sectors, industrial solvent is among the applications that is steadily expanding. The overall demand is anticipated to benefit from the increased demand from the pharmaceutical and paint & coatings industries. Macroeconomic variables including governmental policies and federal bank provisions to have a significant impact on the application segment's future growth.

Global Ethanol Market By Source, 2021 (%)

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Ethanol Market Regional Insights

Based on region, North America has dominated the ethanol industry because of the supportive government regulations for its production and usage as a biofuel, as well as rising awareness of the need to reduce environmental pollution brought on by the use of conventional energy sources in the region's nations.

Due to its rising ethanol production capacity and the presence of major corporations, Asia Pacific is predicted to witness rapid expansion. The abundance of feedstock available for ethanol production is another important element driving the expansion of the ethanol business in Latin America. Due to Brazil's expanding ethanol production and export, Brazil is anticipated to hold a significant revenue share in the Latin American ethanol market in the near future.

Global Ethanol Market By Geography, 2022-2028
  • Largest
  • Fastest

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Ethanol Market Dynamics

Ethanol Market Drivers

Regulatory relaxation and increase in beverage consumption to boost the market growth

  • Most people use ethanol as a biofuel because it is a cheap, clean energy source that is simple to generate, as opposed to gasoline and diesel, which are made via a labor-intensive process. Since biofuel is viewed as an environmentally benign substitute for gasoline, the ethanol market has grown quickly over the past ten years as a result of the regulatory authorities' quick backing of the industry. Global government initiatives to promote the production of fuel that is self-sufficient and to encourage the establishment of new businesses have a positive impact on the ethanol market. Alcoholic drinks that include ethanol, which were once thought of as a premium offering, are now gradually evolving into a necessity that is present in the majority of families worldwide. Entry of expensive products into the market is the main aspect driving growth. The production of premium offerings has increased as a result of rising disposable incomes and growing ingredient understanding.

Ethanol Market Restraints

Increased costs of raw materials and supply-chain restrictions to impede the market growth.

  • One of the main obstacles to the worldwide ethanol market's expansion is the increase in raw material prices. The primary inputs for the production of ethanol include feedstocks including sugarcane, corn, wheat, and barley, all of which are susceptible to changes in rainfall or unfavorable monsoon conditions.
  • Supply-chain restrictions coupled with import restrictions are also unfavorable. As a result, there will likely be a shortage of maize with high material cost, which would likely have a detrimental effect on the expansion of the ethanol industry. Due to fluctuations in the source of raw materials, the impact of this limitation is anticipated to stay moderate during the projected period.

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Ethanol Market Competitive Landscape

The market players can expect new growth opportunities as the acceptance of eco-friendly products rise. The value chain has changed as a result of recent developments in the global market. Manufacturers are currently considering ways to lower the risk, such as buying stock in raw material businesses or signing forward contracts. Initially, manufacturers relied on two to three suppliers for raw materials, which poses a risk because contingency plans do not always work. Manufacturers are now looking into ways to reduce risk, such as acquiring stakes in raw material companies or entering into forward contracts.

Ethanol Market Top Players Company Profiles

  • Archer Daniels Midland Company 
  • POET LLC 
  • Valero Energy Corporation 
  • Green Plains Inc. 
  • Flint Hills Resources 
  • Cargill, Inc. 
  • The Andersons Inc. 
  • BP plc 
  • Royal Dutch Shell plc 
  • Pacific Ethanol, Inc. 
  • Raízen S.A. 
  • Tereos S.A. 
  • Alto Ingredients, Inc. 
  • Aventine Renewable Energy Holdings, Inc. 
  • Abengoa Bioenergy 
  • Cosan S.A. 
  • Praj Industries 
  • CropEnergies AG 
  • Greenfield Global Inc. 
  • GranBio

Ethanol Market Recent Developments

  • In April 2022, India’s first greenfield grain-based ethanol plant was launched in Bihar. This plant has been built using the latest technology with proper waste discharge facilities, making it a zero-liquid discharge plant that is completely environment-friendly.
  • In the US, the renewable fuel standards requires the use of biofuels in transportation fuel, and there has been a push to increase ethanol that can be mixed with gasoline.

Ethanol Key Market Trends

  • Rising Consumer Awareness for Using Hand Sanitizer: Growing consumer awareness of the use of antibacterial goods like hand sanitizer and surface cleaners to stop the spread and potential harm caused by bacteria and viruses is a key ethanol market trend driving the expansion of the business.
  • Increase in beverage consumption: Another major factor trending and accelerating ethanol market growth is rising alcoholic beverage consumption. Ethanol can be produced using both natural and petrochemical feedstocks. Natural sugars are fermented in the presence of yeast in the natural process. Ethylene production is increasing due to the increase in shale gas production.

Ethanol Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyzes the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

According to the global ethanol market report analysis the market is currently led by countries in the North America with grain-based and denatured ethanol segments dominating the market share, due to their increasing demand and government regulations supporting the production and use of ethanol as a biofuel.

Report Metric Details
Market size value in 2023 USD 90.1 Billion
Market size value in 2032 USD 132.11 Billion
Growth Rate 4.9%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Feedstock Type
    • Coarse-Grain-Based Ethanol (Corn, Barley, Sorghum), Sugarcane-Based Ethanol, Wheat-Based Ethanol, Other Feedstocks (Cellulosic Biomass, Industrial Waste)
  • End Use
    • Fuel (Gasoline Additives, E85 Fuel), Industrial Solvents (Paints and Coatings, Pharmaceuticals), Beverages (Alcoholic Beverages, Non-Alcoholic Beverages), Cosmetics (Personal Care Products, Fragrances)
  • Distribution Channel
    • Online (E-commerce Platforms, Direct Sales), Offline (Supermarkets, Specialty Stores, Convenience Stores)
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Archer Daniels Midland Company 
  • POET LLC 
  • Valero Energy Corporation 
  • Green Plains Inc. 
  • Flint Hills Resources 
  • Cargill, Inc. 
  • The Andersons Inc. 
  • BP plc 
  • Royal Dutch Shell plc 
  • Pacific Ethanol, Inc. 
  • Raízen S.A. 
  • Tereos S.A. 
  • Alto Ingredients, Inc. 
  • Aventine Renewable Energy Holdings, Inc. 
  • Abengoa Bioenergy 
  • Cosan S.A. 
  • Praj Industries 
  • CropEnergies AG 
  • Greenfield Global Inc. 
  • GranBio
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Ethanol Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Ethanol Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Ethanol Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Ethanol Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Ethanol Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Ethanol Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Ethanol Market size was valued at USD 85.9 billion in 2022 and is poised to grow from USD 90.1 billion in 2023 to USD 125.94 billion by 2031, growing at a CAGR of 4.9% in the forecast period (2024-2031).

The market players can expect new growth opportunities as the acceptance of eco-friendly products rise. The value chain has changed as a result of recent developments in the global market. Manufacturers are currently considering ways to lower the risk, such as buying stock in raw material businesses or signing forward contracts. Initially, manufacturers relied on two to three suppliers for raw materials, which poses a risk because contingency plans do not always work. Manufacturers are now looking into ways to reduce risk, such as acquiring stakes in raw material companies or entering into forward contracts. 'Archer Daniels Midland Company', 'Green Plains Inc.', 'Valero Energy Corporation', 'POET LLC', 'Pacific Ethanol Inc.', 'The Andersons Inc.', 'Flint Hills Resources LP', 'CropEnergies AG', 'BP plc', 'Royal Dutch Shell plc', 'Cargill Inc.', 'Abengoa Bioenergy SA', 'Raízen S.A.', 'Tereos S.A.', 'BioGasol ApS', 'Petrobras Biocombustível SA', 'Cosan S.A.', 'Southwest Iowa Renewable Energy LLC', 'Aemetis Inc.', 'Marquis Energy LLC'

Most people use ethanol as a biofuel because it is a cheap, clean energy source that is simple to generate, as opposed to gasoline and diesel, which are made via a labor-intensive process. Since biofuel is viewed as an environmentally benign substitute for gasoline, the ethanol market has grown quickly over the past ten years as a result of the regulatory authorities' quick backing of the industry. Global government initiatives to promote the production of fuel that is self-sufficient and to encourage the establishment of new businesses have a positive impact on the ethanol market. Alcoholic drinks that include ethanol, which were once thought of as a premium offering, are now gradually evolving into a necessity that is present in the majority of families worldwide. Entry of expensive products into the market is the main aspect driving growth. The production of premium offerings has increased as a result of rising disposable incomes and growing ingredient understanding.

Rising Consumer Awareness for Using Hand Sanitizer: Growing consumer awareness of the use of antibacterial goods like hand sanitizer and surface cleaners to stop the spread and potential harm caused by bacteria and viruses is a key market trend driving the expansion of the business.

Based on region, North America has dominated the ethanol industry because of the supportive government regulations for its production and usage as a biofuel, as well as rising awareness of the need to reduce environmental pollution brought on by the use of conventional energy sources in the region's nations.

Ethanol Market size was valued at USD 90.1 Billion in 2023 and is poised to grow from USD 94.51 Billion in 2024 to USD 132.11 Billion by 2032, growing at a CAGR of 4.9% during the forecast period (2025-2032).

The market players can expect new growth opportunities as the acceptance of eco-friendly products rise. The value chain has changed as a result of recent developments in the global market. Manufacturers are currently considering ways to lower the risk, such as buying stock in raw material businesses or signing forward contracts. Initially, manufacturers relied on two to three suppliers for raw materials, which poses a risk because contingency plans do not always work. Manufacturers are now looking into ways to reduce risk, such as acquiring stakes in raw material companies or entering into forward contracts. 'Archer Daniels Midland Company ', 'POET LLC ', 'Valero Energy Corporation ', 'Green Plains Inc. ', 'Flint Hills Resources ', 'Cargill, Inc. ', 'The Andersons Inc. ', 'BP plc ', 'Royal Dutch Shell plc ', 'Pacific Ethanol, Inc. ', 'Raízen S.A. ', 'Tereos S.A. ', 'Alto Ingredients, Inc. ', 'Aventine Renewable Energy Holdings, Inc. ', 'Abengoa Bioenergy ', 'Cosan S.A. ', 'Praj Industries ', 'CropEnergies AG ', 'Greenfield Global Inc. ', 'GranBio'

Most people use ethanol as a biofuel because it is a cheap, clean energy source that is simple to generate, as opposed to gasoline and diesel, which are made via a labor-intensive process. Since biofuel is viewed as an environmentally benign substitute for gasoline, the ethanol market has grown quickly over the past ten years as a result of the regulatory authorities' quick backing of the industry. Global government initiatives to promote the production of fuel that is self-sufficient and to encourage the establishment of new businesses have a positive impact on the ethanol market. Alcoholic drinks that include ethanol, which were once thought of as a premium offering, are now gradually evolving into a necessity that is present in the majority of families worldwide. Entry of expensive products into the market is the main aspect driving growth. The production of premium offerings has increased as a result of rising disposable incomes and growing ingredient understanding.

Rising Consumer Awareness for Using Hand Sanitizer: Growing consumer awareness of the use of antibacterial goods like hand sanitizer and surface cleaners to stop the spread and potential harm caused by bacteria and viruses is a key ethanol market trend driving the expansion of the business.

Based on region, North America has dominated the ethanol industry because of the supportive government regulations for its production and usage as a biofuel, as well as rising awareness of the need to reduce environmental pollution brought on by the use of conventional energy sources in the region's nations.

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