Bio-butanol Market Overviews
Bio-butanol Market was valued at USD 18.11 billion in 2023. The global Bio-butanol Market size is estimated to grow at a CAGR of 8.2 % over the forecast period.
Biobutanol, additionally referred to as bio-primarily based totally butanol gasoline, is second-era alcoholic gasoline with a higher electricity density and decrease volatility than ethanol, and it’s also a crucial uncooked cloth withinside the manufacturing of glycol ethers. Furthermore, biobutanol is generally applied as a plasticizer to decorate the chemical intermediate for butyl esters or butyl ethers in plastic materials. Growing environmental concerns over the release of immoderate greenhouse gases (GHG) in the latest years have brought about a growth in the call for bio-primarily based total goods. Further, the Bio-butanol market is segmented by Raw material, Application, End User, and geography. On the basis of the raw material, the market is segmented into cereals, sugarcane, sugar beet, wood, corn, and others. On the basis of the application, the market is segmented into acrylate, acetates, glycol ethers, biofuel, and others. Based on the end-user the market is segmented into transportation, construction, medical, and power generation. By geography, the market covers the following regions: North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD Billion).
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Bio-butanol Market Scope and Methodology:
Growing demand of the construction sector: The Rise in the construction sector for higher infrastructure around the arena will power the bio-butanol marketplace as it’s far used as a key raw material fabric withinside the manufacturing of paints, coatings, plasticizers, and adhesives. As the increase in the construction projects will lead to an increase in the consumption of the bio-butanol products this will help in the growth of the bio-butanol market. Hence, this project will drive the demand for biobutanol as this will lead to an increase in demand for adhesives, coating, and others.
Bio-butanol Market Regional Insights
The Asia Pacific market dominates the bio beauty market. The economy of Asia Pacific is mainly influenced by economic dynamics of countries such as China and India. The crew in growing construction and automotive industry in this region are driving the market growth for bio beauty nonmarket. However, China is the largest producer of automotive in the world while India has 5th largest automotive the world. In India the logistics sector is increasing at a rapid pace every year. As a result of India’s booming construction sector, demand for paints and creating, addresses and other material is provided to increase as biobutanol market.
Bio-butanolMarket Segmentation
By Raw Material: based on the raw material the market is segmented into cereals, sugarcane, sugar beet, wood, corn, and others. Among these the cereals segments hold the highest market share, the market is expected to grow at sea 7.2% during the forecast. Butanol can be made from a variety of agriculture residues as well as some energy crops. Where the production process involves pre-treatment of the serial stars buy dilute sulfuric acid to improve the accessibility of cellulose to hydrolytic enzymes. Therefore, the serials are the major raw material in processing biobutanol with the increase in demand for raw materials of bio butanol, the increased cereals production might help the market growth for bio-butanol.
Bio-butanol Market Key Players
Abengoa (Spain)
Biocleave (Oxfordshire)
Bioenergy International (Sweden)
Butalco Gmbh (Germany)
Butamax advanced biofuels LLC (US)
Eastman chemical company (US)
Gevo Inc (US)
Metabolic Explorer SA (France)
Solvay SA (Belgium)
W2 Energy Inc (Canada)
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Key questions answered in the Bio-butanol Market are:
- What is Bio-butanol ?
- What was the Bio-butanol market size in 2023?
- What is the growth rate of the Bio-butanol Market?
- Which are the factors expected to drive the Bio-butanol market growth?
- What are the different segments of the Bio-butanol Market?
- What growth strategies are the players considering to increase their presence in Bio-butanol ?
- What are the upcoming industry applications and trends for the Bio-butanol Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Bio-butanol Market?
- Who are the leading companies and what are their portfolios in Bio-butanol Market?
- What segments are covered in the Bio-butanol Market?
- Who are the key players in the Bio-butanol market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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