The Global Ethanol Market Size is expected to reach USD 158.13 Billion by 2033, at a CAGR of 5.59% during the forecast period 2023 to 2033. A colourless chemical substance with a pleasant taste and smell is ethanol, additionally referred to as ethyl alcohol. It is generated naturally via the fermentation of biological materials based on sugar and starch as well as cellulosic feedstock, such as wood, sugarcane, barley, corn, and wheat.