Dublin, June 30, 2021 (GLOBE NEWSWIRE) -- The "Ethanol Bus Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global ethanol bus market exhibited strong growth during 2015-2020. Looking forward, the global ethanol bus market to grow at a CAGR of around 10% during 2021-2026.
An ethanol bus is a passenger bus that uses ethanol as a fuel source. Ethanol is produced from agricultural feedstock, plant materials (switchgrass and wood pulp), starchy crops (corn, sorghum and barley) and sweet crops (sugarcane, citrus and sugar beets). In comparison to traditional diesel- and petrol-run buses, these vehicles are environment-friendly, cost-effective and reduce the overall dependency of fossil fuels. Owing to this, they are widely being adopted by public and government institutions for mass transportation.
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 Questions Answered in This Report:
The competitive landscape of the industry has also been examined with some of the key players being
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Ethanol Bus Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 First-Generation Ethanol Bus
6.2 Second-Generation Ethanol Bus
7 Market Breakup by Application
7.2 Municipal Traffic
8 Market Breakup by Ethanol Source
9 Market Breakup by Region
9.1 North America
9.2 Asia Pacific
9.4 Latin America
9.5 Middle East and Africa
10 SWOT Analysis
11 Value Chain Analysis
11.2 Inbound Logistics
11.4 Outbound Logistics
11.5 Marketing and Sales
11.6 Post Sales Services
12 Porters Five Forces Analysis
13 Price Indicators
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/4er9d0
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