The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample
[185+ Pages PDF Report] Global bio-butanol market was above USD 11 billion in 2019 and is anticipated to reach over USD 17 billion by 2026, at a CAGR of 7% during the forecast period.
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the bio-butanol industry. The report analyzes and declares the historical and current trends analysis of the bio-butanol industry and subsequently recommends the projected trends anticipated to be observed in the bio-butanol market during the upcoming years.
The bio-butanol market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire bio-butanol market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of volume (Kilotons), and value (USD billion) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the bio-butanol industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the bio-butanol industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the bio-butanol market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the bio-butanol industry. The bio-butanol market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the bio-butanol sector. Key strategic developments in the bio-butanol market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the bio-butanol market are appropriately highlighted in the report.
The bio-butanol market research report delivers an acute valuation and taxonomy of the bio-butanol industry by practically splitting the market on the basis of different types, categories, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the bio-butanol industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the bio-butanol industry is provided for the leading economies of the world.
Bio-butanol is made up of four carbons and it is alcohol. It is used as an organic solvent and manufactured by the fermentation of sugarcane, wheat, sugar beet, starch, or cellulosic feedstock such as wood, straw, and corn. It is used as a replacement of crude oil. It easily blends with gasoline and produces equivalent energy of gasoline. It has lower volatility and it is less hygroscopic. Butanol can be used in form of diesel engines and unmodified gasoline engines.
Due to the harmful effect of synthetic fuel, the demand for bio-butanol is increasing as a source of clean energy as well as increasing prices of petroleum is expected to boost the bio-butanol market. Moreover, bio-butanol is also used in many applications such as adhesive, coatings, plasticizers, paints are also driving the market growth. However, after a certain concentration rate, butanol can become toxic; thus, it needs special attention at the time of using it. This factor may impede market growth. On the other hand, technological advancement in the production of bio-butanol, increasing demand for green paints may create ample opportunities in the market.
The bio-butanol market is segmented based on raw material, application, end-users, and region. On the basis of raw material segmentation, the market is classified into wheat, sugar beet, sugar cane, corn, and wood. By application segmentation, the market is divided into acrylates, acetates, glycol ethers, plasticizers, biofuel, other. And By end-users segmentation, the market is bifurcated into textile industries, consumer goods, aviation industry, automobile industry, and others.
Some of the essential players operating in the bio-butanol market, but not restricted to include Green Biologics, ZeaChem, Cobal Biofuels, Arbor biofuels, Dow, Bioenergy International, Gevo, BASF, Eastman, and others.
Key Insights from Primary Research
Key Recommendations from Analysts
Copyright © 2021, All Rights Reserved, Facts and Factors