Chemicals, Fuels & Wood Products

Ethanol: Market Size, Growth & Forecast to 2030

The Ethanol market is valued at about $86 billion (2026) and is projected to grow at a 4.7% CAGR through 2030. The largest cost driver is Feedstock costs (65% of spend). North America leads demand at 45%.

Market size
$86.0 bn (2026)
CAGR to 2030
+4.7%
Buyer power
Favours buyers
Tracked suppliers
150

Projected market growth to 2030

Market size index, 2026 = 100, at the 4.7% CAGR.

1261171091001002026104.72027109.62028114.82029120.22030125.82031

Cost structure

Feedstock costs
65%
Energy and utilities
15%
Logistics and freight
10%
Enzymes and process chemicals
5%
Labor and maintenance
5%

Regional demand split

North America demand
45%
Latin America demand
30%
Asia Pacific demand
15%
Europe demand
8%
Rest of world demand
2%

Key suppliers

ADM (Archer-Daniels-Midland Company)POET, LLCValero Energy CorporationGreen Plains Inc.Raízen
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Claight market analysis of proprietary and public data. Full report: /category-intelligence/ethanol