Global Ethanol Bus Market 2017-2021
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Global Ethanol Bus Market 2017-2021
Ethanol-based vehicles or ethanol FFVs are referred to as E85 vehicles in the US and Flex vehicles in Brazil. In Europe, the vehicle OEMs append the word “Flex” with their FFV models. Examples include Volkswagen Total Flex, Renault Hi-Flex, and Volvo Flexifuel. The E10 blend, which is Ethanol 10% and Gasoline 90%, is the most commonly blended automotive fuel available in the US and since 2011, E15 has been approved for use in conventional US vehicles with model year 2001. E85 blend, which still holds the minority share in the US markets, has huge growth potential in the US automotive industry.
The analysts forecast the global ethanol bus market to grow at a CAGR of 10.37% during the period 20172021.
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Global Ethanol Bus Market 2017-2021
This report covers the present scenario and the growth prospects of the global ethanol bus market for 20172021. To calculate the market size, the report covers ethanol-based vehicles and their development timeline and ethanol buses in detail to give the reader a flavor of the technologies involved.
The market is divided into the following segments based on geography:
Sweden
Brazil
Netherlands
Argentina
France
India
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Global Ethanol Bus Market 2017-2021
The report, Global Ethanol Bus Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Market driver
Stringent regulations against vehicular emissions are expected to push for greener fuels like ethanol.
Market challenge
High production cost of ethanol than fossil fuels to restrict the size of the end-user base using ethanol.
Market trend
The gradual industrial shift to the use of second-generation ethanol.
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Global Ethanol Bus Market 2017-2021 Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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