Top 10 Companies in the Global Cellulose Fuel Ethanol Industry (2024): Sustainable Biofuel Market Leaders

In Business Insights
August 16, 2025

The Global Cellulose Fuel Ethanol Market was valued at USD 55.31 Million in 2023 and is projected to reach USD 110.93 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 12.30% during the forecast period (2024-2029). This robust growth stems from rising demand for renewable fuels, stringent environmental policies, and technological breakthroughs in converting agricultural waste into bioethanol.

As nations worldwide implement stricter carbon emission regulations, cellulose-based ethanol emerges as a sustainable alternative to fossil fuels. This article profiles the Top 10 Companies in the Cellulose Fuel Ethanol Industry—pioneers transforming crop residues and biomass waste into clean transportation fuel.


🔟 1. Verbio AG

Headquarters: Leipzig, Germany
Key Offering: Advanced biofuels from agricultural residues

Verbio stands as Europe’s technology leader in cellulosic ethanol, operating commercial-scale facilities that convert wheat straw and corn stover into renewable fuel. Their proprietary fermentation process delivers higher yields with lower carbon intensity than conventional methods.

Sustainability Milestones:

  • 77% reduction in greenhouse gases compared to gasoline
  • Closed-loop production with zero process waste
  • Strategic alliances with 2,300+ European farmers for sustainable feedstock

Download FREE Sample Report:
Global Cellulose Fuel Ethanol Market – View in Detailed Research Report


9️⃣ 2. POET-DSM Advanced Biofuels

Headquarters: Sioux Falls, South Dakota, USA
Key Offering: Project LIBERTY cellulosic ethanol

This joint venture represents North America’s most advanced cellulosic biorefinery, producing 20 million gallons annually from corn crop residues. Their patented enzymatic hydrolysis technology achieves industry-leading conversion efficiency.

Sustainability Milestones:

  • 90% lifecycle GHG reduction versus petroleum
  • Patent-pending enzymatic cocktails for higher yields

8️⃣ 3. GranBio Technologies

Headquarters: São Paulo, Brazil
Key Offering: Bioflex 1 commercial-scale facility

As Latin America’s cellulosic ethanol pioneer, GranBio’s innovative process converts Brazilian sugarcane bagasse into advanced biofuels while generating renewable electricity through cogeneration.

Sustainability Milestones:

  • First commercial-scale cellulosic ethanol plant in Southern Hemisphere
  • 92% reduction in carbon emissions compared to gasoline

Download FREE Sample Report:
Global Cellulose Fuel Ethanol Market – View in Detailed Research Report