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Global Ethanol Vehicle Market to reach USD 1132.68 billion by the end of 2029.

Global Ethanol Vehicle Market Size study & Forecast, by Type (Trucks, Cars, Others), by Fuel Type (Gasoline, Diesel), by Blend Type (E10 to E25, E25 to E85, Above E85), by Drive Type (Front Wheel Drive (FWD), Rear Wheel Drive (RWD), All Wheel Drive (AWD)) and Regional Analysis, 2022-2029

Product Code: ALTAE-55172009
Publish Date: 17-04-2023
Page: 200

Global Ethanol Vehicle Market is valued at approximately USD 564.3 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9.1% over the forecast period 2022-2029. Ethanol Vehicle also called Flexible fuel vehicles (FFVs) come with an internal combustion engine and are capable of operating on gasoline as well as on any blend of gasoline and ethanol up to 83%. For example – E85 (or flex fuel) is a gasoline-ethanol blend containing 51% to 83% ethanol, depending on geography and season. The exhausting fossil-fuel reserves, & high CO2 emission from vehicles as well as stringent regulations from government authorities are key factors driving the market growth.

The increasing emission of greenhouse gasses from vehicles is contributing towards the growth of the Global Ethanol Vehicle Market. For instance – according to Statista – as of 2022, transportation is the fastest growing source of emissions worldwide and accounts for 17 percent of global greenhouse gas emissions, second to the power sector. Furthermore, as per U.S. Environmental Protection Agency (EPA) – on average, a typical passenger vehicle emits about 4.6 metric tons of carbon dioxide per year. Additionally, this amount varies based on a vehicle’s fuel, fuel economy, and the number of miles driven per year. Also, growing integration of sustainable automotive technologies and favorable initiatives from government to promote ethanol blending would create a lucrative growth prospectus for the market over the forecast period. However, lack of ethanol-based fuel station infrastructure and concern over engine damage issues stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Ethanol Vehicle Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the dominance of leading market players as well as the region being the hub of automotive manufacturing industry. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising number of initiatives from authorities in the region to promote adoption flex fueled vehicles as well as growing investment in ethanol fueling infrastructure in the region.

Major market players included in this report are:
AB Volvo
Daimler AG
Deere & Company
Ford Motor Company
General Motors Company
Honda Motor Co., Ltd.
Mitsubishi Motors Corporation
Nissan Motor Corporation
Scania AB

Recent Developments in the Market:
Ø in April 2019, Ford Motor Company re-launched its Ford Kuga EcoBoost E85 in Europe in France and Sweden. This new vehicle is flex fuel model and emits 40% less or just 94 g/km, Co2 from the previous model.

Ø In October 2022, Japanese multinational automotive manufacturer Toyota launched its first ethanol powered vehicle in India.

Global Ethanol Vehicle Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Fuel Type, Blend Type, Drive Type, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type

By Fuel Type

By Blend Type
E10 to E25
E25 to E85
Above E85

By Drive Type
Front Wheel Drive (FWD)
Rear Wheel Drive (RWD),
All Wheel Drive (AWD)

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Ethanol Vehicle Market, by Region, 2019-2029 (USD Billion)
1.2.2. Ethanol Vehicle Market, by Type, 2019-2029 (USD Billion)
1.2.3. Ethanol Vehicle Market, by Blend Type, 2019-2029 (USD Billion)
1.2.4. Ethanol Vehicle Market, by Fuel Type, 2019-2029 (USD Billion)
1.2.5. Ethanol Vehicle Market, by Drive Type, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Ethanol Vehicle Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Ethanol Vehicle Market Dynamics
3.1. Ethanol Vehicle Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Exhausting fossil-fuel reserves, & high CO2 emission from vehicles Stringent regulations from government authorities
3.1.2. Market Challenges Lack of ethanol-based fuel station infrastructure Concern over engine damage issues
3.1.3. Market Opportunities Growing integration of sustainable automotive technologies Favourable initiatives from government to promote ethanol blending
Chapter 4. Global Ethanol Vehicle Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Ethanol Vehicle Market, by Type
6.1. Market Snapshot
6.2. Global Ethanol Vehicle Market by Type, Performance – Potential Analysis
6.3. Global Ethanol Vehicle Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Ethanol Vehicle Market, Sub Segment Analysis
6.4.1. Truck
6.4.2. Cars
6.4.3. Others
Chapter 7. Global Ethanol Vehicle Market, by Blend Type
7.1. Market Snapshot
7.2. Global Ethanol Vehicle Market by Blend Type, Performance – Potential Analysis
7.3. Global Ethanol Vehicle Market Estimates & Forecasts by Blend Type 2019-2029 (USD Billion)
7.4. Ethanol Vehicle Market, Sub Segment Analysis
7.4.1. E10 to E25
7.4.2. E25 to E85
7.4.3. Above E85
Chapter 8. Global Ethanol Vehicle Market, by Fuel Type
8.1. Market Snapshot
8.2. Global Ethanol Vehicle Market by Fuel Type, Performance – Potential Analysis
8.3. Global Ethanol Vehicle Market Estimates & Forecasts by Fuel Type 2019-2029 (USD Billion)
8.4. Ethanol Vehicle Market, Sub Segment Analysis
8.4.1. Gasoline
8.4.2. Diesel
Chapter 9. Global Ethanol Vehicle Market, by Drive Type
9.1. Market Snapshot
9.2. Global Ethanol Vehicle Market by Drive Type, Performance – Potential Analysis
9.3. Global Ethanol Vehicle Market Estimates & Forecasts by Drive Type 2019-2029 (USD Billion)
9.4. Ethanol Vehicle Market, Sub Segment Analysis
9.4.1. Front Wheel Drive (FWD)
9.4.2. Rear Wheel Drive (RWD)
9.4.3. All Wheel Drive (AWD)
Chapter 10. Global Ethanol Vehicle Market, Regional Analysis
10.1. Ethanol Vehicle Market, Regional Market Snapshot
10.2. North America Ethanol Vehicle Market
10.2.1. U.S. Ethanol Vehicle Market Type breakdown estimates & forecasts, 2019-2029 Blend Type breakdown estimates & forecasts, 2019-2029 Fuel Type breakdown estimates & forecasts, 2019-2029 Drive Type breakdown estimates & forecasts, 2019-2029
10.2.2. Canada Ethanol Vehicle Market
10.3. Europe Ethanol Vehicle Market Snapshot
10.3.1. U.K. Ethanol Vehicle Market
10.3.2. Germany Ethanol Vehicle Market
10.3.3. France Ethanol Vehicle Market
10.3.4. Spain Ethanol Vehicle Market
10.3.5. Italy Ethanol Vehicle Market
10.3.6. Rest of Europe Ethanol Vehicle Market
10.4. Asia-Pacific Ethanol Vehicle Market Snapshot
10.4.1. China Ethanol Vehicle Market
10.4.2. India Ethanol Vehicle Market
10.4.3. Japan Ethanol Vehicle Market
10.4.4. Australia Ethanol Vehicle Market
10.4.5. South Korea Ethanol Vehicle Market
10.4.6. Rest of Asia Pacific Ethanol Vehicle Market
10.5. Latin America Ethanol Vehicle Market Snapshot
10.5.1. Brazil Ethanol Vehicle Market
10.5.2. Mexico Ethanol Vehicle Market
10.5.3. Rest of Latin America Ethanol Vehicle Market
10.6. Rest of The World Ethanol Vehicle Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. AB Volvo Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.2.2. BMW AG
11.2.3. Daimler AG
11.2.4. Deere & Company
11.2.5. Ford Motor Company
11.2.6. General Motors Company
11.2.7. Honda Motor Co., Ltd.
11.2.8. Mitsubishi Motors Corporation
11.2.9. Nissan Motor Corporation
11.2.10. Scania AB
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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