Epoxy curing agent News Fuel ethanol production technology continues to be optimized, and there is broad room for future market development

Fuel ethanol production technology continues to be optimized, and there is broad room for future market development

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Fuel ethanol production technology is constantly optimized, and there is broad room for future market development

Fuel ethanol is a type of biofuel, which refers to anhydrous ethanol with a volume concentration of more than 99.5%, which is converted from biomass as raw material through saccharification and fermentation. As a green, low-carbon and clean renewable fuel, fuel ethanol can supplement fossil fuel resources, reduce greenhouse gas emissions and alleviate energy pressure. It has important strategic significance for the sustainable development of the national economy. In recent years, with the advancement of relevant technologies and increased national support, the fuel ethanol market has developed well.

According to different production raw materials, fuel ethanol production processes can be divided into three categories: petroleum-based ethylene hydration process, coal-based syngas process and biomass process. At present, biomass process is the mainstream fuel ethanol production process in my country. Up to now, the biomass-based fuel ethanol production technology has developed to the fourth generation. At present, my country’s fuel ethanol production mainly adopts the first-generation technology, which uses crops such as corn, millet, and rice as the main raw materials.

According to the “2021-2025 China Fuel Ethanol Industry Market Monitoring and Future Development Prospects Research Report released by the Industrial Research Center, Globally, fuel ethanol production capacity is mainly concentrated in countries and regions such as the United States, Brazil, the European Union, and China. In recent years, with the acceleration of energy conversion and increasingly strict environmental protection supervision, the fuel ethanol market has developed rapidly, and fuel ethanol has become the main driving force for the growth of the ethanol market.

my country is the world’s largest importer of oil and gas. In 2020, my country’s apparent oil consumption exceeded 700 million tons, and crude oil imports were close to 550 million tons. The growth rate of crude oil imports is higher than the growth rate of domestic crude oil production. The development of fuel ethanol can alleviate over-reliance on petroleum fuel. In order to ensure national energy security and promote the development of the fuel ethanol industry, the Chinese government has introduced a number of favorable policies in recent years. Under the guidance of the policies, the number of provinces and cities promoting fuel ethanol has continued. Increase.

There are certain qualifications and technical barriers in the fuel ethanol industry, and the market concentration is high. The main domestic fuel ethanol manufacturers include COFCO Biotechnology Co., Ltd., Henan Tianguan Group Fuel Ethanol Co., Ltd., Jilin Fuel Ethanol Co., Ltd., Inner Mongolia Zhongxing Energy, Shandong Longli Biotechnology, etc. The fuel ethanol industry has broad development space, and related companies are facing huge development opportunities. However, at the same time, the competitive pressure faced by companies is also increasing.

Industry analysts said that the current first-generation fuel ethanol can no longer meet the growing market demand, and the second- and third-generation fuel ethanol The development of fuel ethanol products will become the focus of future industry development, and the future development space of the fuel ethanol industry is broad. The development of fuel ethanol can reduce external dependence on petroleum fuel. With the increase in national support and the continuous optimization of related production processes, the scale of the fuel ethanol industry will further expand in the future.

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