Market Size – USD 5,108.1 million in 2018, Market Growth – CAGR of 4.1%, Market Trends – Increasing Demand for Corn Ethanol as Biofuel
According to the current analysis of Reports and Data, the global Corn Deep Processing Equipment Market was valued at USD 5,108.1 million in 2018 and is expected to reach USD 7,029.5 million by year 2026, at a CAGR of 4.1%. Corn deep processing equipment industry involves a multitude of categories and areas, thus the demand for related equipment used in the process is significant. With science and technology developing at a high pace, and the rapid industrialization of food industry, the value chain of this industry continues to lengthen; while resource utilization efficiency is also seeing an increase. As corn deep processing equipment business development scale is seeing an upward trend, machines used for this process will also see an increased demand.
This crop is a major source of products such as biofuels, starch, bran oil, syrup and others. Ethanol is obtained from corn and gives a cleaner-burning fuel than gasoline for use in motor vehicles. The starch from this crop can be used as a raw material to replace petroleum in the production of chemicals and plastics. Replacing fossil fuels with biofuels has the potential to reduce some undesirable aspects of fossil fuel production and use, including conventional and greenhouse gas (GHG) pollutant emissions, exhaustible resource depletion, and dependence on unstable foreign suppliers. Both first-generation and second-generation biofuels are produced by this crop. The increasing automotive sales is projected to bring in an increase in ethanol demand. Moreover, rising environmental concerns are expected to benefit demand for ethanol as a fuel additive. Thus, rise in demand for ethanol is anticipated to drive the market for ethanol production equipment.
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The global Corn Deep Processing Equipment market is highly consolidated due to the presence of numerous companies operating across this industry. The report depicts the current market standing of these companies, their past performances, demand and supply graphs, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market. The leading market contenders listed in the report are:
A brief outlook of the key companies in the Corn Deep Processing Equipment market, focusing on companies such as
Key participants include Buhler AG, GEA Group Aktiengesellschaft, Alfa Laval AB, PETKUS Technologie GmbH, Satake Corporation, Henan Huatai Cereals and Oils Machinery Co. Ltd., Myande Group Co., Ltd, Alvan Blanch, Flottweg SE, and Hughes Equipment Company among others.
These particulars additionally consist of a basic summary of the corporations, company profile, and the product portfolio of the company in focus.
The report analyses the gathered information relating to the profits accrued, sales, gross margins, price patterns, revenue and updates on the activities of the company.
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This report on the Corn Deep Processing Equipment market delivers a cumulative synopsis of the speculations of this business, overall, along with an evaluation of its segmentations. It predicts the Corn Deep Processing Equipment market to advance as one of the most profitable verticals, generating massive revenue by the end of the forecast years, exhibiting a sizable growth rate over the calculated period. The opportunities for growth and expansion that are prominent in the sector as well as the geographical coverage of the industry have also been investigated by the report.
Equipment Type (Revenue, USD Billion; 2016–2026)
- Milling Equipment
- Steeping Equipment
- Centrifuge Systems
- Washing & Filtration Systems
- Other Equipment
End Product (Revenue, USD Billion; 2016–2026)
- Corn gluten feed & meal
- Other co-products
Application (Revenue, USD Billion; 2016–2026)
- Industrial Application
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In this section of the report, Corn Deep Processing Equipment market analysts have provided valuable insights into the geographical segmentation of the Corn Deep Processing Equipment market. They have further estimated the current and future market valuations on the basis of the demand-supply dynamics and pricing structure of the leading regional segments. Moreover, the growth prospects of each regional segment have been meticulously extensively discussed in the report.
The global Corn Deep Processing Equipment market is classified into the following regions:
- North America (the U.S., Canada)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Europe (the U.K., Italy, Germany, France, Rest of EU)
- Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- The Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)
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- Product Mix Matrix
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- Supply chain optimization analysis
- Patent Analysis
- Carbon Footprint Analysis
- R & D Analysis
- Mergers and Acquisitions
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