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Global Bio-Butanol Market Projected to Reach USD 17 Billion by 2026

11-Jun-2020 | Facts and Factors

Findings from Facts and Factors report “Bio-Butanol Market By Raw Material (Wheat, Sugar Beet, Sugar Cane, Corn, and Wood), By Application (Acrylates, Acetates, Glycol ethers, Plasticizers, Biofuel, Other), By End-Users (Textile Industries, Consumer Goods, Aviation Industry, Automobile Industry, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global bio-butanol market in 2019 was above USD 11 billion. The market is expected to grow around a CAGR of 7% and is anticipated to reach over USD 17 billion by 2026.

Bio-butanol is alcohol with four carbons which is produced by biomass fermentation. This production is done in ethanol production facilities. It is used as an organic solvent or fuel. The bio-butanol is manufactured by the fermentation of starch, sugar, or cellulosic feedstock such as sugar beet, wheat, straw, corn, and wood. This can be used in place of crude oil. The features such as higher flammability limits, higher octane number and flashpoint, and higher vaporization power, make bio-butanol a good option for fuel. Owing to low vapor pressure, it is easily blended with gasoline. Bio-butanol has the ability to produce gasoline-equivalent energy and in nature, it is non-corrosive, because of which it is considered to be of higher importance than bio-ethanol. It is also used as bio-based plastics, adhesives, cleaner, synthetic rubber, jet fuel, the solvent in paints, and fibers. These features of the bio-butanol, make it a cost-efficient, attractive, and promising alternative for liquid fuel.

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Browse the full “Bio-Butanol Market By Raw Material (Wheat, Sugar Beet, Sugar Cane, Corn, and Wood), By Application (Acrylates, Acetates, Glycol ethers, Plasticizers, Biofuel, Other), By End-Users (Textile Industries, Consumer Goods, Aviation Industry, Automobile Industry, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/global-bio-butanol-market-by-raw-material-wheat-1134

With growing requirements for clean energy and the need to reduce carbon emission, bio-butanol is expected to boost the market in the automobile sector. In recent years, due to the hazardous effect of synthetic fuel, the demand for the alternative fuel is increasing. Additionally, in the production of the coatings, adhesives, paints, and plasticizers, bio-butanol is used as raw material. These factors may fuel the market over the forecast period. Moreover, a higher rate of fuel reserves, increasing-price of petroleum may boost the bio-butanol market. Additionally, increasing demand for green paints and coatings may surge the market growth. However, after a certain concentration rate, butanol can become toxic; thus, it needs special attention at the time of using it. In addition, the cultivation of butanol needs a large amount of land. The low production rate of bio-butanol and the high cost of bio-butanol may restraints the market growth. Conversely, increasing R&D activities in the production of bio-butanol, advanced technologies for the extraction of cellulosic, and fermentation method development is anticipated to produce growth opportunities in the market.

By raw material segmentation, the sugar cane category is expected to contribute to the largest market share in the global bio-butanol market attributed to a huge supply of sugarcane from agricultural sources. On the basis of the application segment, the acrylates category led the market in 2019 and it is anticipated to grow in the future years attributed to rising demand for acrylates from the coating industry such as leather coating, paper coating, water-based coating, etc. Additionally, due to the chemical structure of the acrylates, it is also used as a chemical intermediate. Acrylates and copolymers are also used as adhesive in construction.

By end-users, the automobile industry headed the market and it is anticipated to grow over the forecast period attributed to the increasing use of bio-butanol in automobiles. By geography, in 2019, North America dominated the market for bio-butanol owing to the presence of strict regulations about the eco-friendly environment.

Top key players operating in the market are Gevo, BASF, Eastman, Dow, Bioenergy International, Cobal Biofuels, Arbor biofuels, Green Biologics, ZeaChem, and others.

This report segments the bio-butanol market as follows:

Global Bio-Butanol Market: By Raw Material Segmentation Analysis

  • Wheat
  • Sugar beet
  • Suger cane
  • Corn
  • Wood

Global Bio-Butanol Market: By Application Segmentation Analysis

  • Acrylates
  • Acetates
  • Glycol ethers
  • Plasticizers
  • Biofuel
  • Other

Global Bio-Butanol Market: By End-User Segmentation Analysis

  • Textile industries
  • Consumer goods
  • Aviation industry
  • Automobile industry
  • Others

Global Bio-Butanol Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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