Applications for bioethanol include those in transportation, energy production, food and beverage production, industry, and medicine, among others. The transportation end-use market segment of the bioethanol market held the largest market share in terms of value and volume. Bio-ethanol is used in the automotive and transportation sectors as a fuel and fuel additive. It is used to fuel gasoline engines in automobiles along with regular gasoline. Compared to petroleum, bioethanol is less expensive and more environmentally friendly. Pure gasoline is blended with a small amount of bioethanol to produce blends that burn more effectively and don't release any carbon dioxide. As a result, many nations around the world now mandate the use of bioethanol fuel blends. The Bioethanol Market is growing as a result of the increasing use of the fuel in the transportation sector.
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